Tag: Funding
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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TrueFort snares $30M Series B to expand zero trust application security solution
As companies try to navigate an ever-changing security landscape, it can be challenging to protect everything. Security startup TrueFort has built a zero trust solution focussing on protecting enterprise applications. Today, the company announced a $30 million Series B. Shasta Ventures led today’s round with participation from new firms Canaan…
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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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UK’s Marshmallow raises $85M on a $1.25B valuation for its more inclusive, big-data take on car insurance
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates…
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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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Commerce platform ShopUp raises $75 million led by Valar in Bangladesh’s largest funding
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventures led ShopUp’s $75 million Series B financing round. Prosus Ventures as well as existing investors Flourish Ventures,…
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