Category: TC
B-Social, the UK fintech building a ‘social bank’, raises additional £7.8M ahead of rebrand
B-Social, the London-based fintech building what it calls a “social bank,” is announcing that it has raised a further £7.8 million in seed funding. Once again the injection of capital comes from “high-net-worth” individuals. They include Rudy Karsan from Karlani Capital, although most of the investors remain undisclosed. It brings…
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Fifth Wall Ventures’s new $100 million “retail” fund aims to back online brands that need real world space
Fifth Wall Ventures, a four-year-old, the L.A.-based, real-estate focused venture firm, has just closed a $100 million vehicle called that it’s calling its “retail fund.” The vehicle comes hot on the heels of a $212 million debut fund that Fifth Wall closed in 2017, which was itself soon followed by…
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Minute Media raises $40M more for its user-generated, syndication-based sports publishing platform
When it comes to the internet, content may be king, but in many cases, the emperor has no clothes: that is to say, the masses may click on interesting stories, video, music and other media, but building a lucrative business around that content can be a struggle, with advertising-based models…
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On-demand tutoring app Snapask gets $35 million to expand in Southeast Asia
Snapask, an on-demand tutoring app, announced today that it has raised $35 million in Series B funding. Earmarked for the startup’s expansion in Southeast Asia, the round was led by Asia Partners and Intervest. Launched in Hong Kong five years ago, Snapask has now raised a total of $50 million…
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New York’s BounceX reaches $100M ARR, rebrands
Welcome to the $100 million ARR club, BounceX. This morning (evening, timezone depending), BounceX, a New York-based marketing technology startup, announced that it has reached the $100 million annual recurring revenue (ARR) threshold, adding its name to our running list of companies that have crossed over into nine-figure revenue while…
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AI chatbot maker Babylon Health attacks clinician in PR stunt after he goes public with safety concerns
UK startup Babylon Health pulled app data on a critical user in order to create a press release in which it publicly attacks the UK doctor who has spent years raising patient safety concerns about the symptom triage chatbot service. In the press release released late Monday Babylon refers to…
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