Tag: venture capital

Uruguayan payments startup dLocal quadruples valuation to $5B with $150M raise

Cross-border payments startup dLocal has raised $150 million at a $5 billion valuation, less than seven months after securing $200 million at a $1.2 billion valuation. This means that the five-year-old Uruguayan company has effectively quadrupled its valuation in a matter of months. Alkeon Capital led the latest round, which…

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Tech in Mexico: A confluence of Latin America, the US and Asia

Kevin Xu Contributor Kevin Xu is an early-stage investor and founder of Interconnected, a bilingual newsletter covering tech, business and U.S.-Asia relations. Mexico has been known as an up-and-coming tech hub and a gateway to the Latin American market. As an investor focused on developer-centered products, open-source startups and infrastructure…

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Daily Crunch: Tiger Global raises one of the biggest venture funds ever

Tiger Global closes a $6.65 billion fund, Facebook gives users more tools to encourage COVID vaccination and iPhone app spending continues to grow. This is your Daily Crunch for April 1, 2021. The big story: Tiger Global raises one of the biggest venture funds ever Investment giant Tiger Global had…

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Tiger Global just closed one of the biggest venture funds ever, with $6.7 billion

If you watch funding announcements as we do, you may have noticed something this year. There are a lot of mega-rounds coming together, and Tiger Global is involved in a notable number of them, often as the round’s co-lead. Just this week alone, half a dozen companies have announced rounds…

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For VC Hans Tung, the personal becomes public in a growing campaign to ‘stop Asian hate’

Longtime venture capitalist Hans Tung is a big guy. His size might just be lifesaving. A first-generation Taiwanese-American who came to the U.S. and to LA specifically in 1984, it was a fraught time for the then 14-year-old. Two years earlier, a 27-year-old, Chinese-American draftsman named Vincent Chin was beaten…

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Sarah Kunst will outline how to get ready to fundraise at Early Stage

Sarah Kunst, founding partner at Cleo Capital, has worn many hats. She’s been an entrepreneur, served on plenty of boards, is a contributing author at Marie Clare, has been a senior advisor to Bumble and worked as a consultant in marketing, business development and more. With all that experience, she…

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