Sequoia Capital is betting the next European tech giant will emerge in Switzerland. The Silicon Valley venture capital firm told CNBC that it led an $80 million funding round for Yokoy, a platform tha...
Tag: Venture capital
The Chainsmokers Have Two Jobs
The Chainsmokers have two jobs, and in black and white they look pretty cool. Miller Mobley Three years have passed since their last full project, yet Alex Pall and Drew Taggart, the popular-electroni...
Gopuff partners with Morrisons in UK for speedy grocery delivery
Gopuff and Morrisons are partnering up for speedy grocery deliveries in more than 20 cities across the U.K. Gopuff LONDON — American instant delivery start-up Gopuff said Friday it has partnered with ...
Apple buys UK fintech start-up Credit Kudos
Customers walk past a digital display of the new green color Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York, March 18, 2022. Mike Segar | Reuters LONDON — Apple has...
Crypto investor Katie Haun raises $1.5 billion for Haun Ventures
Crypto investor Katie Haun has raised $1.5 billion for her new fund after leaving Andreessen Horowitz, and shattered multiple records in the process. Haun Ventures’ kickoff marks the largest deb...
The Routing Company lets you hail a ride on public transit
The Routing Company powers on-demand bus and shuttle service for public transit agencies. Courtesy: The Routing Company The Routing Company is rolling out apps that bring the convenience of on-demand ...
Coatue Taps Ex-Index VC Sarah Cannon To Lead European Startup Investing Push
Venture capitalist Sarah Cannon will build out Coatue’s London office as the firm makes European tech startups an increasing priority. Courtesy of Sarah Cannon Investment giant Coatue has establ...
Makers Fund Launches $500 Million Game-Focused VC Investment Fund
(Image courtesy of mitri Mais Inc) For the second time this week, a venture capital firm has announced a nine-figure fund focused on the video game sector, more evidence of the industry’s hot deal-mak...
Closing gender gap could boost global GDP by $2 trillion, Citi says
Damircudic | E+ | Getty Images Women receive a small fraction of venture capital funding and closing the investment gender gap could drive economic growth, according to a new report from Citigroup. Fe...
Pittsburgh robot farm business of future backed by Pritzker billions
Currently less than 1% of fresh produce is grown through hydroponics systems versus open-field agriculture, but this segment is forecast by Mordor Intelligence to grow by nearly 11,% or about $600 mil...
How Block (Square) avoided death by Amazon
Block co-founder Jim McKelvey. CNBC | NBC Universal | Getty Images BARCELONA — In 2014, Amazon launched a product that sounded strikingly similar to something already on offer from Twitter co-founder ...
Fanatics hits $27 billion in new funding, adds BlackRock, Michael Dell
Fanatics Founder/Executive Chairman Michael Rubin attends Fanatics Super Bowl Party at College Football Hall of Fame on February 2, 2019 in Atlanta, Georgia. Mike Coppola | Getty Images Michael Rubin&...
German digital bank N26 plans to be ready for IPO by end of 2022
N26 co-CEO Maximilian Tayenthal speaking at a tech conference in London on June 12, 2019. Simon Dawson | Bloomberg via Getty Images BARCELONA — German banking start-up N26 will be prepared for an init...
JPMorgan project will push bank further into market serving private firms
JP Morgan CEO Jamie Dimon gives a speech during the inauguration of the new French headquarters of US’ JP Morgan bank on June 29, 2021 in Paris. Michel Euler| AFP | Getty Images JPMorgan Chase i...
Meet The VC Firm With $544 Million To Buy ‘Orphaned’ Startup Stakes From Other Funds
NewView Capital’s team with Ravi Viswanathan at center. ©ANNA-ALEXIA PHOTO NewView Capital founder Ravi Viswanathan has worked with startups as a venture capitalist for more than two decades. He...
Tesla and EPA reach a settlement after Clean Air Act violations
An aerial view shows cars parked at the Tesla Fremont Factory in Fremont, California on February 10, 2022. Josh Edelson | AFP | Getty Images Tesla has reached a settlement agreement with the U.S. Envi...
How America’s Wealthiest Colleges Are Getting Richer Faster Than Schools With Small Endowments
Harvard has America’s largest endowment at $53 billion as of the end of the 2021 fiscal year. Getty The booming stock market of late 2020 and early 2021 produced an exceptional year for college ...
The Tech Trends Driving A Much-Needed Travel Sector Transformation
Many startups are developing technologies that solve the problems of unnecessary human contact and … [+] friction throughout the airport experience. Photo by L.Filipe C.Sousa on Unsplash Tech in...
Tesla cut a steering component to deal with chip shortage
Employees work at the Tesla Gigafactory in Shanghai, east China, Nov. 20, 2020. U.S. electric car company Tesla in 2019 built its first Gigafactory outside the United States in the new Lingang area, w...
Sequoia leads $450 million investment in Polygon blockchain
The logo of cryptocurrency network Polygon. Jakub Porzycki | NurPhoto via Getty Images Sequoia Capital is playing catchup with arch-rival Andreessen Horowitz in the race to invest in what could be the...
Sequoia leads $400 million investment in crypto project Polygon
The logo of cryptocurrency network Polygon. Jakub Porzycki | NurPhoto via Getty Images Sequoia Capital is playing catchup with arch-rival Andreessen Horowitz in the race to invest in what could be the...
SoftBank-backed fintech DriveWealth is adding crypto to take on Coinbase’s ‘unsustainable’ fees
Bob Cortright of DriveWealth Source: DriveWealth DriveWealth, the SoftBank-backed start-up that helps fintech firms like Revolut offer stocks, is getting into cryptocurrency trading, CNBC has learned....
Navitas’ gallium nitride tech could help EVs charge three times faster
A charging port is seen on a Mercedes Benz EQC 400 4Matic electric vehicle at the Canadian International AutoShow in Toronto, Ontario, Canada, February 13, 2019. Mark Blinch | Reuters Navitas Semicond...
Thiel Capital, Mesa Air invest in electric seaglider startup Regent
(Illustration) REGENT is developing a flying, electric sea glider with a top speed of 180 miles per hour. Courtesy: REGENT Thiel Capital and regional aviation providers Mesa Air Group are investing in...
Bodegas look to zoning to defend against instant delivery rivals
A Gopuff location on the Lower East Side of Manhattan across from Stop 1 Deli. Jan. 12, 2022. Hannah Miao | CNBC Grocery delivery start-up Gopuff last fall moved into the ground-floor retail space of ...