A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B

There is no shortage of up-and-comers jostling for a spot in China’s massive ecommerce industry, and oftentimes they pick a niche market and present a novel business model different from the establishment of Alibaba or JD.com . Chinese social ecommerce app Fresh Buddy announced on Tuesday that it has raised $100 million in a series B funding […]

View More A Chinese ecommerce app that lures grocery shoppers with cash just raised $100M in Series B

Japan’s Sansan raises $26.5M to help Southeast Asia get more from business cards

The humble business card is a target for disruption in Southeast Asia after Japanese contacts management startup Sansan raised JPY 3 billion ($26.5 million) to expand its business into the region. Founded way back in 2007, Sansan helps bring business intelligence to companies through a system that helps build connections between users and both internal employees […]

View More Japan’s Sansan raises $26.5M to help Southeast Asia get more from business cards

Former eBay product chief RJ Pittman takes the reins at 3D capture company Matterport

Matterport, a provider of 3D image capture technology, has named former eBay chief product officer RJ Pittman as its new chief executive. Pittman will take the reins from former chief executive Bill Brown, who will continue to advise Matterport as the company looks to capitalize on its library of three dimensional scans. The company currently […]

View More Former eBay product chief RJ Pittman takes the reins at 3D capture company Matterport

Sino-US investment firms are targeting over $4 billion for new funds launched this year

As limited partners increasingly demand greater exposure to emerging market opportunities, venture capital firms with a focus on Asia are bulking up their funds and chasing deals in an increasingly competitive race to own stakes in the next generation of local startups with global aspirations. Over the last year, firms, including DCM Ventures, GGV Capital, Matrix […]

View More Sino-US investment firms are targeting over $4 billion for new funds launched this year

Investment advisory software developer SigFig raises $50 million

SigFig, the developer of an automated wealth management toolkit, has raised $50 million in a new round of funding. The company said the new money would be used to continue its research and development. The new funding was led by General Atlantic and included participation from existing investors like Bain Capital Ventures, DCM Ventures, Eaton […]

View More Investment advisory software developer SigFig raises $50 million

VCs like what they are hearing out of the podcasting sector

Podcasts are television for the earbud generation. And although many podcasters make money, typically through sponsorships, the podcasting industry (such as it is) hasn’t received much in the way of venture funding — until quite recently.

View More VCs like what they are hearing out of the podcasting sector

SoFi founder Mike Cagney is back with a new startup and $50 million in funding, too

Mike Cagney, who was ousted last summer from the lending company he founded, is back with a new startup and a whole lot of funding from at least one of his previous investors. According to a new report in Bloomberg, Cagney, who earlier this year formed a new lending startup called Figure, has raised $50 […]

View More SoFi founder Mike Cagney is back with a new startup and $50 million in funding, too