Tag: Founders Fund

Sequoia Heritage, Stripe and others invest $200M in African fintech Wave at $1.7B valuation

Francophone Africa has its first unicorn, and if you’ve been following tech on the continent, you will be very unsurprised to hear that it’s coming from the world of fintech. Wave, a U.S. and Senegal-based mobile money provider, has raised $200 million in Series A round of funding. The investment…

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Playbook, which aims to be the ‘Dropbox for designers,’ raises $4M in round led by Founders Fund

When Jessica Ko was head of design at Google and then Opendoor, she realized that her teams spent about 90% of their time digging around Dropbox looking for assets. In many cases, they’d find older versions. Or they couldn’t find what they were looking for. Or even worse, they’d accidentally…

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Contact, a platform for creatives backed by Maisie Williams, raises $1.9M Seed led by Founders Fund

With the pandemic digitizing every aspect of our lives, the Creator Economy has taken off like never before, with some estimates saying it’s now a $100Bn+ market. And yet, managing your professional life as a model, actor, writer or designer remains a mish-mash of emails, manual booking processes, and dreaded…

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Varda Space Industries closes $42M Series A for off-planet manufacturing

Varda Space Industries has raised a $42 million Series A to bring to manufacturing a key capability that can only be found off-world: microgravity. The eight-month-old startup is looking to establish its first manufacturing facility in space as early as 2023, and by doing so, bring back to Earth advanced…

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Khosla Ventures leads Even’s $5M seed to give India the kind of healthcare their insurance doesn’t

The global pandemic highlighted inefficiencies and inconsistencies in healthcare systems around the world. Even co-founders Mayank Banerjee, Matilde Giglio and Alessandro Ialongo say nowhere is this more evident than in India, especially after the COVID death toll reached 4 million this week. The Bangalore-based company received a fresh cash infusion…

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Pietra raises $15M from Founders Fund to help creators launch their own product lines

In the white-hot creator economy space, startups are increasingly looking to build paint-by-numbers platforms to help budding creators more easily execute on what were once seemingly insurmountable business challenges. The ex-Uber team at Pietra is cashing in on this vision with a plan to build a backend for launching and…

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