If you’re into animation at all, chances are you know Genndy Tartakovsky’s name. He created Samurai Jack, Primal, and Sym-Bionic Titan, and whenever he has a new series, it’s always worth checking out. But even for him, his new show—Unicorn: Warriors Eternal—looks special. It also looks...
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Tridge becomes the first unicorn in the agri-trade sector as Korea’s unicorn startup list reached 22 in 2022
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Korean startup Tridge, an agricultural/livestock/fishery products data and trade platform company, becomes the first in the domestic agricultural sector to become a “unicorn” startup (unlisted startup with less than 10 years of business history and a corporate value of over 1 trillion won). A...
The African tech scene was met with fanfare in 2021: Venture capital investments in the region totaled between $4 billion and $5 billion and produced five unicorns. In my piece detailing this progress, I predicted there would be more unicorns in 2022. Those predictions proved to be way off the...
This past year was tumultuous for venture investors, to say the least. The ecosystem watched as startup funding dried up, held its breath as a $32 billion venture-backed company evaporated almost overnight, and witnessed one of the largest startup acquisitions of all time. Did you hear anyone yell...
Honasa Consumer Private Ltd, the parent company of brands such as Mamaearth, The Derma Co, and BBlunt, has filed review papers with the Securities and Exchange Commission for listing to raise capital through a combination of a new issue and an offer-for-sale. Honasa’s initial public offering...
As of Dec. 15, Rec Room users can dress their in-game avatars up as classic characters from Masters of the Universe. (Mattel/Rec Room Image)Almost two years after officially attaining “unicorn” status, Seattle startup Rec Room continues to expand the audience for its eponymous flagship app Rec...
Fintech was hot in 2021, but looking back on it … maybe too hot? The sector exploded last year, seeing record investment — $132 billion globally, according to CB Insights — with many startups reaching lofty valuations, including Stripe at $95 billion, Klarna at $45 billion and Plaid at $13...
Founder factories: Alumni from European and Israeli unicorns have birthed 1,018 startups since 2008
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A new report has shone a light on the impact that European and Israeli unicorns have had on the broader technology ecosystem since the global economic crisis 14 years ago. The report, titled Europe and Israel’s Startup Founder Factories, was produced by VC firm Accel with heavy support from...
Molbio Diagnostics, a Molecular Diagnostic chain, has raised $85 million in a funding round led by Singapore-based Temasek. The Goa-based firm has now received its first tranche from the Singapore-based investor, V Sciences Investments, at a unicorn valuation. Molbio enables precise, rapid, and...
The cloud services sector is still dominated by Amazon and the other so-called “hyperscalers” — e.g. the Microsoft Azures, Google Cloud Platforms and IBM Clouds of the world. According to Synergy Group, an IT market research firm, Amazon, Microsoft and Google together held a 65% share of the...
Last week, we ran an article by Gaetano Crupi, a partner at VC firm Prime Movers Lab, identifying three pillars required to support a Series B data room: a strategy memo, a pitch deck and a forecast model. In a follow-up, he explains the next step: packaging this information for prospective...
Igor Ryabenkiy Contributor Share on Twitter Igor Ryabenkiy is a CEO and managing partner of AltaIR Capital. The economic turbulence of the last two years has forced startups to look for new survival strategies. Today, startups generally...
News that creative software giant Adobe will buy upstart design software unicorn Figma for $20 billion was the single largest event in startup land this week, a surprise upset over the Ethereum Merge coming to fruition. The transaction was notable not only for its scale – 11-figure deals create...
Bloomberg reported this morning that Adobe was getting close to buying Figma, a former startup and private-market unicorn in the design space, for around $20 billion. The Photoshop-maker then confirmed the deal with a release and a short investor presentation. TechCrunch’s coverage of the...
SeatGeek, a ticketing technology platform, has raised $238 million, just two months after its bid to go public via a SPAC merger with RedBall fell through. The agreement with RedBall valued SeatGeek at $1.35 billion, but it was terminated in June due to unfavorable market conditions. The Series E...
Immad Akhund Contributor Share on Twitter Immad Akhund is the co-founder and CEO of Mercury and an angel investor with more than 250 investments. A tumultuous financial market, rising interest rates and an uncertain economic future are all...
Few startups in the crypto world boast the market dominance that OpenSea currently enjoys, but numerous venture-backed startups are looking to chip away at their lead. Welcome back to Chain Reaction, where we unpack and explain the latest in crypto news, drama and trends, breaking things down...
Kate Johnson Contributor Kate Johnson is VP of PR at BLASTmedia. We can’t avoid hearing about the economic downturn. With SaaS multiples dropping from record highs, unicorn status — and funding in general — will be harder to come by in the next two...
Max Brenner Contributor Share on Twitter Max Brenner is part of the founding team at Compound, which specializes in helping tech founders and employees manage their financial lives. It’s the classic startup employee dream. You’ve worked...
Netflix lost almost a million subscribers in the last quarter, and the streaming giant expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from “subscription fatigue?” Or are there just more options to choose from as studios set up new platforms (and...
According to BCG global assets under management are around $100 trillion, but only $715 billion, or less than 1%, goes on what you might term ‘impact’ companies or projects to tackle the world’s biggest environmental and social issues. Now, a Klarna founder plans to create what he calls a...
Lights, camera, another backhand winner down the line. It’s hard to imagine that in two weeks, Serena Williams is playing what could — and most likely will be — her last tennis tournament after 23 Grand Slams and decades of dazzling on center courts. She announced her retirement in the...
No one expects every startup worth $1 billion to be ready to go public, but the collection of billion-dollar startups that are ready to list is larger than you might think. So much so that when the IPO window finally does reopen, we could be faced with a veritable torrent of public technology...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
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Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
|
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
|
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
|
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
|
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
Accel is rolling out a new, $4 billion late-stage fund, just as certain rivals lose momentum
|
Accel, the 39-year-old venture firm, just pulled a major power move. It announced, via a simple blog post, that it has just closed a new, global, late-stage fund with $4 billion in capital commitments. The fund, which closed last week, would be notable in any market. It’s a lot of money. But at...
LocalGlobe becomes Phoenix Court Group, hits $500M first close for new funds, adds an Impact twist
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Saul Klein is a busy man. As co-founder, with his father Robin, of LocalGlobe, one of the longest-running VCs in Europe, he has overseen a wide range of initiatives – among other things the pair are passionate investors and philanthropists in LocalGlobe’s HQ’d area of Somers Town, London –...