Coursera set to roughly double its private valuation in impending IPO
In a new S-1/A filing, Coursera set an initial IPO price range between $30 and $33 a share, signaling the market views its edtech business warmly ahead of its impending public offering.
Coursera will have 130,271,466 shares outstanding after its IPO, or 132,630,966 including its underwriters' o
Techstars NYC is more global than ever with its latest class of startups
Techstars NYC just announced the 10 startups participating in this year’s program, making up what Managing Director Jenny Fielding described as the accelerator’s most global class yet.
“We’ve always had applications from around the world and I was always able to take compani
H3X rethinks the electric motor to power the next phase of mobility
It’s plain to see that electric vehicles are the future, but there’s more to making that change happen than swapping out a gas motor for a battery-powered one — especially in aircraft. H3X is a startup that aims to accelerate that future with a reimagined, completely integrated electr
Social shopping-focused Chums announces $3.5M raise ahead of YC Demo Day
With Y Combinator Demo Day kicking off tomorrow morning, startups in the current batch are hurrying to make a little news before they show off their recent growth to investors. The list includes Runway, Mono, Pangea and Flux.
Add Chums to the mix. Chums is a social shopping service that helps frien
5 reasons you should attend TC Early Stage 2021 in April
We're just days away from kicking off TC Early Stage 2021: Operations & Fundraising on April 1-2. Join us for two program-packed days dedicated to founders in the earliest stages of startup life (pre-seed through Series A). The event agenda features interactive presentations that cover a ra
Binance-backed Xend Finance launches DeFi platform for credit unions in Africa
Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. DeFi aims to bridge the gap between decentralized blockchains and financial services. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluat
NFTs could bridge video games and the fashion industry
Non-fungible tokens (NFTs) offer new ways for consumers to collect, wear and trade fashion online, and now that most fashion shows have scaled back or gone virtual, they may become an important tool for the industry.
Because some of the most profitable NFTs are produced by celebrities with teams, i
Revolut applies for bank charter in the US
London-based fintech startup Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with the FDIC and the California Department of Financial Protection and Innovation.
If the company manages to get a charter in California, it would let
Waterfund commits $50M to OurCrowd’s water and agtech portfolio
Waterfund, an investment and trading firm that specializes in acquiring and managing water-related infrastructure assets, today announced a deal with Israel-based crowdfunding platform OurCrowd that will see the Waterfund team commit $50 million to build a water- and agtech-focused portfolio of 15
Mithril dives into chips again with a $55M infusion to Flex Logix
The once untouchable semiconductor sector continues to attract fervent attention from VCs.
The latest news this morning is that Ajay Royan of Mithril Capital has led a $55 million Series D round of financing into Flex Logix, which builds chips designed to bring AI workflows to the compute edge. Tha
Swedish fintech Zaver raises $5M to bring cardless payments and BNPL to ‘durables’ sector
Zaver, a Swedish fintech that enables merchants to accept cardless payments and offer buy-now-pay-later (BNPL) as an option, has raised $5 million in new funding.
The company, which began life focused on P2P payments for marketplace transactions, is now doubling down on the durables sector (think:
These undergraduates left university to build Flux, a payments startup now in YC
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In the 170 years since Western Union was founded, no company has managed to solve two basic problems that continue to bedevil the remittance business — exorbitant fees and slow deposit times.
Indonesian savings and investment app Pluang gets $20M in pre-Series B funding
Indonesia-based fintech Pluang announced today it has raised $20 million in a pre-Series B round led by Openspace Ventures, with participation from Go Ventures and other returning investors. The company offers proprietary savings and investment products that allow users to make contributions starti
Singapore-based M Capital Management closes $30.85M debut fund to invest in Southeast Asian startups
"attachment_2127980" aria-describedby="" style="width: 1024px">M Capital Management founding partners Joachim Ackermann (left) and Mayank Parekh (right). Image Credits: M Capital Management
M Capital Management, a Singapore-based venture capital firm, announced today it has closed its debut fund, M