It also held its second Singapore demo day, which saw more than 500 investors, VCs, and people from the regional startup ecosystem in attendance. The new startups, which focus on enterprise, telecommunications, fintech, and consumer technology, among others, include: Sama, a startup that operates a platform that matches workers with jobs overseas, starting with the construction industryEskwelabs, an online education…
European micro-mobility startup Dott is about to raise a $34 million Series A round (€30 million). Compared to many scooter companies out there, the startup is taking a careful approach when it comes to growth in order to build a good reputation and a sustainable service. EQT Ventures and Naspers are leading today’s found. Existing investors Axel Springer Digital Ventures,…
TDK announced that it has established TDK Ventures as a $50 million corporate venture capital fund to invest in early-stage startups in material science, energy and power, and related areas, such as semiconductors. These kinds of hardware companies are typically underrepresented in venture capital investments, which is why the company is seeking to bolster the field by applying its 85…
Deal-making has also broadened, across companies and sectors, moving away from a few large companies such as Ola, Paytm and Flipkart The data defines venture capital investments as seed, or very early investments, to Series F deals in companies Startups in India have raised a record $3.9 billion from venture capitalists in the six months ended 30 June, as the…
The internet has completely changed the way we conduct business -- including the way startup founders hire employees: A study reported by CNBC found that worldwide, 70 percent of all business professionals surveyed said they work remotely at least once a week. Fifty-thee percent said they spend at least half the week telecommuting. These numbers far outpace the telecommuting market…
Is venture capital funding becoming obsolete? As The New York Times reports, some entrepreneurs are starting to reject offers of funding, suggesting that founders are trending away from the traditional VC model. More than that, we're seeing leaders in the startup space outwardly express the need to shift focus away from VC funding. Bryce Roberts, co-founder of O'Reilly AlphaTech Ventures,…
Orange Corners South Africa is a Jozi-based business incubator, which empowers start-ups within Johannesburg and Diepsloot to accelerate the growth of their businesses through amongst other items, the delivery of physical workspaces, training and mentorship as well as business coaching. The Orange Corners initiative was established by the Kingdom of the Netherlands in South Africa in 2016 to support Dutch-origin…
Blend has raised $130 million in new venture capital funding. The cash injection likely puts the San Francisco-based fintech startup within striking distance of “unicorn” status, meaning a private valuation of $1 billion or more. The terms of the deal, including the latest valuation, were not disclosed. A source close to the deal told Fortune, however, that the latest round…
Analytic IP vendor UltraSoC Ltd. (Cambridge, England) has raised £5 million in equity funding from European venture capital firms to target expansion and security applications. Investors eCapital, with an interest in cybersecurity, and Seraphim Capital, a specialist investor in the space ecosystem, joined existing UltraSoC investors Indaco Venture Partners, Octopus Ventures, Oxford Capital, Techgate, and business angel Guillaume d’Eyssautier, in…
In any industry where individuals serve as professional fiduciaries, there are typically degree programs, mandated training, certification, continuing education, and oversight. This includes diverse fields like medicine, law, accounting, real estate, and so on. But not so in venture capital and private equity, which remain a “Wild West” where rule-breaking is a foundational principle. This philosophy can have enormous psychological…