Tag: finance
Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity
China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in the world,” writes Scott W. Pink, special counsel in O’Melveny’s…
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Startup insurance provider Vouch raises $90M, now valued at $550M
Vouch, a provider of business insurance to startups and high-growth companies, announced today it has raised $90 million in new funding. The $90 million figure was raised across two rounds: a $60 million Series C co-led by SVB Capital (a subsidiary of Silicon Valley Bank) and Ribbit Capital that values…
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Debt versus equity: When do non-traditional funding strategies make sense?
David Friend Contributor David Friend is a serial entrepreneur, six-time founder, and the current co-founder and CEO of cloud storage company, Wasabi Technologies. More posts by this contributor Brand power vs. product power The herd sours on unprofitable unicorns again The U.S. produces more new startups and unicorns each year…
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Gaia Capital Partners in Paris rebrands as Revaia, closes first €250M growth fund
Paris-based VC fund Gaia Capital Partners has change its name to Revaia and announced the final closing of its first growth fund, at €250 million. The firm said it exceeded its initial target of €200 million, and the fund will be ‘ESG focused’. Revaia is also claiming to be Europe’s…
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Nigeria’s Prospa gets $3.8M pre-seed to offer small businesses banking and software services
In Nigeria, there are more than 40 million micro-businesses underserved in some form or another regarding banking services. Although some of these businesses have registered bank accounts, gaps exist in how banks use the data available to serve the needs of each business. With banks, presenting a series of transactions as…
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Owl Ventures and Harvard Management Company back India’s study abroad platform Leap in $55 million round
Leap, a two-year-old startup with headquarters in San Francisco and Bangalore that is helping students in India find the right college abroad, prepare for entrance tests, and also secure visas and loan, said on Wednesday it has raised $55 million in a new financing round from several high-profile edtech backers.…
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