Los Angeles-situated ‘deep tech’ finance firm Riot ventures is proposing a $75M fund
Riot Ventures is a Los Angeles-situated, early-stage and broad technology finance firm. Funding Specifications It is spreading out to the market to establish a $75 million secondary fund to fund the growth of firms in LA and beyond. The firm has mostly operated below the...
As its fundraising delays, SoftBank’s second Vision Fund can be near-sighted
SoftBank is the technology conglomerate that changed the investment capital industry and made ripples in the technology world with its $100 billion Vision Fund. However, it may not be ready to repeat the performance or support its innovative approach to tech investing, The Wall Street...
Engaging as a traffic cop for drones in towns and cities nets Airspace Link at $4 million
As the amount of drones increases in towns and cities across America, government offices are struggling to find ways to handle the oncoming traffic that’s assumed to clog up their airspace. Why Airspace Is Tough Competition Companies such as Airmap and KittyHawk have proposed tens...
Open banking program Tink puts €90M at a post-money cost of €415M
Tink, the European open banking program, is revealing €90 million in new funding, only 11 months after the Sweden-headquartered company declared a €56 million round of funding. Specifications About The Investment Co-leading this latest round is Dawn Capital, HMI Capital, plus Insight Partners. The round...
“Casper’s Public Filing: A Revealing Insight into the Mattress Industry”
E-commerce sensation and D2C bright star Casper has filed to become public. The New York-based firm that put almost $340 million while single, according to Crunchbase data, assumes to trade on the New York Stock Exchange below the ticker symbol “CSPR.” Its S-1 filing involves...
SoftBank’s $275M Investment in Lenskart: A Game-Changer for Indian Retail
Lenskart, an omnichannel retailer in India that markets eyewear products, stated on Friday that it had allocated $275 million in new funding round from SoftBank Vision Fund as it seems to grow its business in the nation. The Specifications of Series G As part of...
Online mortgage broker Trussle loses founding CEO
Trussle, the online mortgage agent supported by the likes of Goldman Sachs, LocalGlobe, Finch Capital, and Seedcamp, has dropped its founding CEO. What Happened & Who Will Take Over Ishaan Malhi, who co-founded the fintech startup five years before, has quit with “immediate effect,” according...
Fundbox’s $176 Million Series C Funding to Develop Visa B2B Payments
Nowadays, credit cards have become universal for customer transactions, and it is not difficult to see why. By intermediating payments, networks like Visa enable buyers and sellers to trade money for goods and services without understanding the financial risk profile of the counter-party. Instead of...
TrueLayer: Open Banking API Provider’s Financing Partnership with Visa
TrueLayer is a London based startup that has created a developer API program for fintechs and various nearby firms to use open banking. It has recently agreed on a strategic and economic association with Visa. The Partnership With Visa The partnership views Visa to take...
Wayv introduces Payments, the first all-digital payment resolution for the cannabis market
Wayv is taking a huge step towards mainstreaming the cannabis enterprise. Wayv Creates A New Market Wayv Payments, as of 11th December 2019, is supposed to be the first digital, submissive payment solution for the cannabis supply chain. From producers to distributors to consumers, this...
