Tag: CrunchBase
Rigetti Computing took a $71 million down round, because quantum computing is hard
The $71 million in financing that quantum computing technology developer Rigetti Computing recently raised came at a significant cut to the company’s valuation, according to several sources with knowledge of the company. The company declined to comment on its valuation or the recent round of funding it secured. Rigetti is…
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Tracking China’s astounding venture capital slowdown
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Heading into the new year, it wasn’t known that the coronavirus, known as COVD-19, would shutter much of China, slowing its industrial output, its services industry and more. But heading…
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Is this what an early-stage slowdown looks like?
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re exploring some fascinating data from Silicon Valley Bank markets report for Q1 2020. We’re digging into two charts that deal with the early-stage funding market, and after we unpack…
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TLcom Capital closes $71M Africa fund with plans to back 12 startups
VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the next 18 months. The group — with offices in London, Lagos, and Nairobi — is looking for tech enabled, revenue driven ventures in Africa from seed-stage…
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With $30 million in fresh funds, The Bouqs plans to plant its flower delivery business in Japan
The Bouqs plans to take a slice of Japan’s $6 billion flower market this year with a $30 million strategic growth round from Japanese enterprise business investor Yamasa. While The Bouqs still must compete with bigger contenders like 1-800-Flowers and FTD in the U.S., it will now have to take…
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What’s the right pace for raising capital?
Identifying patterns from 21 SaaS IPOs Shin Kim 8 hours Shin Kim Contributor Shin Kim is working on a new SaaS startup and is also chief of staff to entrepreneur Elad Gil . Previously, Shin was at Oak Hill Capital and J.P. Morgan and earned a Master’s in EECS (data…
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