Category: Startups
Blossom Capital’s Louise Samet talks hormone tracking and femtech bets
Early stage European VC firm, Blossom Capital, is fresh from closing a $185M fund— a big jump up on its prior close. The firm makes just a handful of investments per year, mostly at the Series A stage, working very closely with founders in its portfolio — a strategy it…
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Tier Mobility, the European e-scooter rentals startup, adds new COO and CCO to executive team
Following Tier Mobility’s $60 million Series B late last year, the e-scooter rentals startup has been busy bolstering its C-suite. The Berlin-based company is announcing that Moritz Werner has joined as chief commercial officer (CCO), and Roger Hassan has joined as chief operational officer (CCO). Werner will be responsible for…
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Instamojo acquires Times Internet’s GetMeAShop to serve more small businesses in India
Instamojo, a Bangalore-based startup that helps merchants and small businesses accept digital payments, establish presence and sell on the web, has acquired Times Internet-owned Gurgaon-based startup GetMeAShop. The deal is worth $5 million and includes Times Internet making an investment in Instamojo, Sampad Swain, co-founder and chief executive of the…
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Layoffs hit another Softbank co as $3.2B Flexport cuts 50
Fearing weak fundraising options in the wake of the WeWork implosion, late stage startups are tightening their belts. The latest is another Softbank-funded company, joining Zume Pizza (80% of staff laid off), Wag (80%+), Fair (40%), Getaround (25%), Rappi (6%), and Oyo (5%) that have all cut staff to slow…
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Here’s why so many fintech startups are loaning to small businesses
Everyone wants to lend to small businesses, as the fintech boom continues to bring constituent players closer together in feature-terms. Thinking broadly, the rising focus on small-business lending amongst B2B fintech and finservices companies feels directionally similar to the rise of consumer-oriented fintech startups adding banking-like features last year. This…
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Real estate startup Homie plans to expand to more cities with $23 million in Series B funding
Homie has made an impression among younger, first-time home buyers in the Utah and Arizona markets for cutting out the traditional closing costs, 6% real estate commissions and arduous paperwork associated with traditional home sales. It now plans to explore opening up in three new markets and will begin a…
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