Report: Self-driving car startup Aurora is raising capital at a $2B valuation

Early last year, LinkedIn co-founder and prolific venture capital investor Reid Hoffman called Chris Urmson “the Henry Ford of autonomous vehicles (AV).” The vote of confidence and big check from Hoffman, coupled with a team of deeply knowledgable AV entrepreneurs, has catapulted his company, Aurora Innovation, squarely into “unicorn” territory. Aurora, the developer of a full-stack […]

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Epic Games, the creator of Fortnite, banked a $3 billion profit in 2018

Epic Games had as good a year in 2018 as any company in tech. Fortnite became the world’s most popular game, growing the company’s valuation to $15 billion, but it has helped the company pile up cash, too. Epic grossed a $3 billion profit for this year fueled by the continued success of Fortnite, a […]

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Payment service Toss becomes Korea’s newest unicorn after raising $80M

South Korea has got its third unicorn startup after Viva Republica, the company beyond popular payment app Toss, announced it has raised an $80 million round at a valuation of $1.2 billion. This new round is led by U.S. firms Kleiner Perkins and Ribbit Capital, both of which cut their first checks for Korea with this […]

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The Epic Games Store is now live

It’s a busy week for Epic Games . Fresh from pushing out a major season 7 update for Fortnite, so the gaming giant has taken the wraps off its own games store. First announced earlier this week, the Epic Games Store is targeted squarely at Steam — the giant in the digital game commerce space […]

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Mary Meeker is said to be raising up to $1.25 billion for her new growth fund

Mary Meeker, who revealed in September plans to leave Kleiner Perkins after an eight-year run with the venture firm, is reportedly looking to raise up to $1.25 billion for her debut fund. So says Business Insider, citing multiple sources. We’ve reached out to Meeker for more information. As Meeker told Recode a couple of months […]

View More Mary Meeker is said to be raising up to $1.25 billion for her new growth fund

Epic Games, the creator of Fortnite, raises $1.25 billion

It pays to have the most popular game in the world. Epic Games, the creators of the runaway gaming smash hit Fortnite, have raised $1.25 billion in a new round of financing. via GIPHY It’s been 20 years since Epic Games first released its Unreal game development engine in concert with its first person shooter, […]

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