The 500 Startups Japan crew is going independent. The VC firm announced a $30 million fund in 2015, and now the follow up is a new $45 million fund called Coral Capital. Helmed by James Riney and Yohei Sawayama, just like 500 Startups Japan, Coral will essentially continue the work the U.S. firm made in Japan, […]
View More 500 Startups Japan becomes Coral Capital with a new $45M fundCategory: economy
Nigerian fintech firm TeamApt raises $5M, eyes global expansion
Nigerian fintech startup TeamApt has raised $5.5 million in capital in a Series A round led by Quantum Capital Partners. The Lagos based firm will use the funds to expand its white label digital finance products and pivot to consumer finance with the launch of its AptPay banking app. Founded by Tosin Eniolorunda, TeamApt supplies […]
View More Nigerian fintech firm TeamApt raises $5M, eyes global expansionOn-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn
Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013 by Stanford graduate Shing Chow, Lalamove provides logistics and delivery services in a similar style to ride-hailing apps like Uber […]
View More On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicornMacquarie Capital Venture Studio adds three new companies to infrastructure tech portfolio
Macquarie Capital Venture Studio, the infrastructure-focused accelerator affiliated with the nearly $500 billion-dollar investment firm, Macquarie Group, has added three companies to its portfolio. The companies, AirMap, Envoy Technologies, and Teralytic, provide services in airspace management for drones; electric vehicle sharing services; and soil analysis, respectively. Through the venture studio, Macquarie tries to bring the […]
View More Macquarie Capital Venture Studio adds three new companies to infrastructure tech portfolioFlipkart co-founder Sachin Bansal invests $92M in Ola
The money is starting to flow from India’s largest startup exit. Ola has added a major name to its ongoing financing round after it confirmed that Flipkart co-founder Sachin Bansal has invested 650 crore INR (around $92 million) into the Indian ride-hailing business. The deal rumored in January when Paper.vc, an intelligence service that sifts through company […]
View More Flipkart co-founder Sachin Bansal invests $92M in OlaAlibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700M
Ant Financial, the financial services behemoth affiliated with Chinese e-commerce giant Alibaba, has made its first big move into Europe. It’s acquired London-headquartered payments company WorldFirst in a deal that sources tell us is valued at around $700 million. (That price would also line up with multiple reports from December claiming the two were in […]
View More Alibaba’s Ant Financial buys UK currency exchange giant WorldFirst reportedly for around $700MPayPal shutters Malaysia office as part of customer service reorg
Payment giant PayPal has closed its office in Malaysia as part of a restructuring of its customer support teams. The office, located in capital city Kuala Lumpur, was home to a team of customer service agents that catered to PayPal users across Asian region and beyond. Now, its responsibility will be assumed by other offices, […]
View More PayPal shutters Malaysia office as part of customer service reorgInvestors are still failing to back founders from diverse backgrounds
The large majority of venture dollars are invested in companies run by white men with a university degree, according to a new report by RateMyInvestor and Diversity VC. This new data reveals that despite the lip service investors have paid to backing founders from diverse backgrounds, much, much, more work needs to be done to actually […]
View More Investors are still failing to back founders from diverse backgroundsStartups, demo tables are still available for TC Sessions: Robotics+AI
TechCrunch is known for helping startups get to the next level by providing a platform for them to showcase their work at a demo table. Startup demo tables for TechCrunch Sessions: Robotics + AI on April 18 are still available for any early-stage robotics or AI startup with $3M or less in funding. This is your chance […]
View More Startups, demo tables are still available for TC Sessions: Robotics+AIHow to prepare for an investment apocalypse
Micah Rosenbloom Contributor Micah Rosenbloom is a venture partner at Founder Collective. More posts by this contributor Business school grads and quants are winning the battle to create the next P&G Startups need to respect the laws of retail physics Unlike 2000 and 2008, everyone in the startup world is expecting a crash to come […]
View More How to prepare for an investment apocalypseAfrica Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivot
Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Partech is doubling the size of its African venture fund to $143 million Zimbabwe’s government faces off against its tech community over internet restrictions A high court in Zimbabwe […]
View More Africa Roundup: Zimbabwe’s net blackout, Partech’s $143M fund, Andela’s $100M raise, Flutterwave’s pivotHow students are founding, funding and joining startups
Shawn Xu Contributor Share on Twitter Shawn Xu is a managing partner at The Dorm Room Fund. There has never been a better time to start, join, or fund a startup as a student. Young founders who want to start companies while still in school have an increasing number of resources to tap into that […]
View More How students are founding, funding and joining startups