Category: Fundings & Exits
Tencent to grow gaming empire with $148M acquisition of Conan publisher Funcom in Norway
Tencent, one of the world’s biggest videogaming companies by revenue, today made another move to help cement that position. The Chinese firm has made an offer to fully acquire Funcom, the games developer behind Conan Exiles (and others in the Conan franchise), Dune and some 28 other titles. The deal,…
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Ophelia Brown’s Blossom Capital raises new $185M European early-stage fund
Blossom Capital, the early-stage VC firm co-founded by ex-Index Ventures and LocalGlobe VC Ophelia Brown, is announcing a second fund, less than 12 months since fund one was closed. The new fund, which is described as “heavily oversubscribed,” sits at $185 million. That’s up from $85 million first time around.…
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LumApps raises $70M Series C led by Goldman Sachs
LumApps, the cloud-based social intranet for the enterprise, has closed $70 million in Series C funding. Leading the round is Goldman Sachs Growth, with participation from Bpifrance via its Growth Fund Large Venture. Others participating include Idinvest Partners, Iris Capital, and Famille C (the family office of Courtin-Clarins). The round…
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Corporate relocation startup Shyft raises $15M
Shyft is announcing that it has raised $15 million in Series A funding to make the moving process less painful — specifically in the situations where your employer is paying for the move. There other startups are looking to offer concierge-type services for regular moving — I used a service…
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Why is everyone making OKR software?
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a moment to discuss the amount of money going into startups building OKR software. After covering WorkBoard’s recent round, I’ve noticed OKR software and services everywhere, even…
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Equity: Uber sells its Eats business in India, Qonto raises, and Tesla says no
Good morning, friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Equity’s regular, long-form shows still land each and every Friday, including this entry from just a few days ago. This morning, coming to you early from the frozen tundra of the American…
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