Many more investment firms are tracking #cryptotwitter than might have been the case even a year ago, but True Ventures isn’t necessarily among them, suggests cofounder Jon Callaghan. As with hardware, synthetic biology, and a lot of other areas where True has made early and often lucrative bets, True was pulled into the world of…
CarDekho, an Indian search and e-commerce platform for new and used cars, has become the latest startup in the world’s second-largest market to reach the unicorn status. The 14-year-old startup said on Wednesday it has raised $250 million — $200 million in equity and $50 million in debt — in its Series E financing round.…
The startup myth goes something like this: You launch a startup in your dorm room, get into Y Combinator, find product-market fit, experience hockey-stick growth, raise some funding and expand the platform. Somehow your revenue hurtles toward $100 million and the company valuation flies to $1 billion. All’s right with the world. In reality, though,…
Alviere, an embedded finance startup that aims to help any brand deliver financial products and services to its customers and employees, announced today it has closed $70 million of new funding. In April, New York-based Alviere closed a $20 million Series A led by Viola Ventures and Viola Fintech, with the participation of CommerzVentures, Mitsubishi…
Back in February new European VC 2150 launched the first $240 million close of its fund to back technologies reducing carbon emissions via the medium of cities, which pump out CO2 at a prodigious rate as they develop and grow. This ‘Urban Sustainability Technology Fund’, as it’s dubbed, is now announcing the final close of its…
Hello and welcome back to Max Q. I hope everyone is enjoying lower temperatures and all the other seasonal delights that autumn brings. Here in Austin, where I live, the daily high is still in the 90s, but the nights and mornings are blessedly cool. I’ll take it. Tips, opinions, criticism, thoughts? Email me at…
The potential for telehealth across Africa is vast and promising as mobile connectivity deepens, and innovations that could potentially bridge the doctor-patient ratio gap increase according to a Deloitte report. One company that is planning to drive the wave of telemedicine across the continent, as the Covid-19 pandemic rages on, is mPharma, a Ghanaian health…
Fraud continues to be a major issue in the world of digital transactions, a situation that research shows was only compounded in the last 20 months of online activity growing as a result of Covid-19. Today, a Melboune startup called FrankieOne that has built an automated platform to help combat that is announcing a Series…
Just days after Voodoo acquired Beach Bum, another French mobile gaming company has news to share. Homa Games is raising a $50 million Series A round led by Northzone. The company partners with indie game studios and acts as a publisher. Other investors in today’s funding round include Singular, King, the founders of FuboTV and…
Tesla CEO Elon Musk threw a rager at the new Berlin gigafactory on Saturday – complete with bright lights, techno music, a Ferris wheel, carousel, arcade and vegetarian food trucks – to announce the start of production at the disputed site that’s faced lawsuits by environmental groups. “We’re aiming to start production in a few…
