Marcy Venture Partners, co-founded by Jay-Z, just closed its second fund with $325 million
Marcy Venture Partners, the venture firm co-founded in 2018 by Shawn Carter (Jay-Z), former Roc Nation CEO Jay Brown and former Walden VC general partner Larry Marcus, says it has closed its second fund with $325 million in capital commitments. The team, which closed its debut fund with $85 million
Fintech’s growing role in the healthcare revolution
The quest to provide more affordable and accessible healthcare, magnified by the COVID-19 pandemic, has spurred an explosion of innovation, which in turn has attracted massive amounts of capital. To put this into perspective, consider this: In 2019, digital health saw $7.7 billion in VC investment,
Asymmetric Capital Partners hits ground running with $105M debut fund targeting B2B startups
New venture capital firm Asymmetric Capital Partners is putting $105 million to work in business-to-business startups, recently closing its first fund that was also oversubscribed.
Rob Biederman, founder and managing partner, started the firm earlier this year after founding and leading his own co
The rapidly changing investor calculus on China’s tech giants
As wave after wave of regulatory crackdowns have dominated China tech news in 2021, one can be excused for losing track of what is being regulated, who is doing the regulating and what exactly the regulations are. From fintech to data management to education, the rules of the game are being rewritt
Jaguar Ventures roars into its next phase with name change, new fund
Jaguar Ventures, a Mexican fund investing in early-stage startups, is now Wollef and is launching its third fund with a target of raising $100 million before the first quarter of 2022.
The firm got started back in 2013 when Eric Pérez-Grovas, who launched the Mercado Libre Mexico operations, joine
The climate policies tucked into Congress' budget package are signals to investors
The climate measures in the budget reconciliation package now before the U.S. Congress could unlock an investment boom in clean energy, zero-carbon transportation and efficient manufacturing that would allow us, as a nation, to reverse the course of rising greenhouse gas emissions that threaten our
Parker Conrad’s Rippling is now valued at $6.5 billion — more than Zenefits at its peak
Founded by entrepreneur Parker Conrad in 2013, the HR company Zenefits was quickly anointed one of the fast-growing companies in Silicon Valley, with a valuation that soared to $4.5 billion within three years. Then it began to fall apart. The company was discovered to face compliance issues. Conrad
Form Ventures closes £30M Fund II aimed at startups tackling regulated areas like health tech
A large number of U.K. tech “unicorns” have been in complex markets where policy and regulation really matters. But regulated markets (fintech, health tech, etc.), or markets where regulation is still emerging (e.g. lab-grown meat) are, well, HARD. Founders have to navigate policy-maker
How newcomer River plans to fill a gap in India’s competitive EV two-wheeler market
Two-wheelers have long been a cornerstone of life in India — their smaller size and affordability make these traditionally gas and diesel-powered vehicles a go-to means of navigating the traffic-jammed streets of the country’s most populous cities.
Now, a new startup called River has come o
Tiger Global and a slew of high-profile investors make a $35M bet on LatAm fintech Pomelo
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by Tiger Global Management.
The startup was founded earlier this year to build a fintech-as-a-service platform for Latin Americ
SoftBank, Amazon, Accel and others put $108M in Brazilian banking and payments infra provider Pismo
There is no question that fintech has exploded in recent years. But along with that, we have also seen a related surge in funding into companies that provide the infrastructure that financial institutions — incumbents and fintechs alike — need in order to operate faster and more competi
Female Founders Alliance raises a $10M fund, renames to Graham & Walker
Starting as a Facebook support group for founders, the Female Founders Alliance community has done a lot of evolving and changing since its inception. Today, it announces a name change and the fact that it’s started writing checks out of its inaugural fund. With $10 million to play with, the
What chip shortage? MagicCube raises $15M to ‘replace all chips,’ starting with POS terminals
MagicCube, a mobile security startup, has raised $15 million in a round led by Mosaik Partners.
Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup
Matik raises $20M to automate the process of creating personalized customer presentations
Matik, which has created automated data-driven software for customizing Google Slides or PowerPoint presentations, has raised $20 million in a Series A funding round led by Andreessen Horowitz (a16z).
Menlo Ventures, BoxGroup and Oceans Ventures also participated in the financing, which brings the