Category: Startups
Europe’s Target Global raises new €120M early-stage fund
Target Global, the pan-European venture capital firm headquartered in Berlin, has raised a new €120 million early-stage fund, following what it claims was only 3 months of fundraising. Dubbed “Early Stage Fund II”, the new vehicle will see the firm continue to back early-stage tech companies across Europe and Israel,…
Read More
Created to help employees figure out health benefits, HealthJoy raises $30 million
HealthJoy, a platform designed to make it easier for employees to use their healthcare benefits, has raised $30 million in Series C funding led by Health Velocity Capital. Returning investors also participated, including U.S. Venture Partners, Chicago Ventures, Epic Ventures, Brandon Cruz and Clint Jones. This brings HealthJoy’s total funding…
Read More
Microsoft launches 100X100X100 program to help Indian B2B SaaS startups
As Indian startups begin to make inroads in the world of SaaS, Microsoft has taken notice. The American tech giant today launched 100X100X100, a program aimed at business-to-business SaaS startups. Microsoft said Monday that 100X100X100 will bring together 100 companies and 100 early and growth startups. Each committed company will…
Read More
Startups Weekly: What the E-Trade deal says about Robinhood
[Editor’s note: Want to get this weekly review of news that startups can use by email? Just subscribe here.] How well do Robinhood’s financials stack up against incumbent online brokerages? While we wait for the seven-year-old company’s long-planned IPO, Alex Wilhelm examined Morgan Stanley’s big $13 billion purchase of E-Trade for…
Read More
Fintech startups raised $34B in 2019
Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9…
Read More
Do AI startups have worse economics than SaaS shops?
A few days ago, Andreessen Horowitz’s Martin Casado and Matt Bornstein published an interesting piece digging into the world of artificial intelligence (AI) startups, and, more specifically, how those companies perform as businesses. Core to the argument presented is that while founders and investors are wagering “that AI businesses will…
Read More