Tag: Startup company
LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups
LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), with an aspiration to reach a target size of €70 million. A final close is expected by Q2 2021. Its…
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Niantic buys competitive gaming platform Mayhem
Pokèmon Go creator Niantic has acquired a small SF gaming startup building a league and tournament organization platform to help gamers create their own communities around popular titles. Mayhem was in Y Combinator’s winter 2018 batch and went onto raise $5.7 million in funding according to Crunchbase. Other backers include…
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Watch Space Force commander Gen. John Raymond explain public-private partnerships for space defense
General John “Jay” Raymond spoke at TechCrunch Sessions: Space earlier this week where he touched on a variety of subjects. The talk came on the eve of Space Force’s first birthday, having been founded on December 20, 2019. Space Force commander explains how the new military service operates like a…
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Bristol entrepreneur who exited for $800M doubles-down on the city with deep-tech incubator and VC fund
Harry Destecroix co-founded Ziylo while studying for his PhD at the University of Bristol. Ziylo, a university spin-out company, developed a synthetic molecule allowing glucose to bind with the bloodstream more effectively. Four years later, and by then a Phd, Destecroix sold the company to Danish firm Novo Nordisk, one…
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DoorDash amps its IPO range ahead of blockbuster IPO
Investors have not lost their appetite for growth shares Alex Wilhelm 23 hours DoorDash filed a fresh S-1/A, providing the market with a new price range for its impending IPO. The American food delivery unicorn now expects to debut at $90 to $95 per share, up from a previous range…
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Portugal’s Faber reaches $24.3M for its second fund aimed at data-driven startups from Iberia
Portuguese VC Faber has hit the first close of its Faber Tech II fund at €20.5 million ($24.3 million). The fund will focus on early-stage data-driven startups starting from Southern Europe and the Iberian peninsula, with the aim of reaching a final close of €30 million in the coming months.…
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