To fund Y Combinator’s top startups, VCs scoop them before Demo Day

Meet the startups that raised venture capital, or got acquired, before Demo Day.

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Redpoint Ventures is raising another $400M to invest in Chinese companies

Redpoint Ventures is doubling down on China. The firm, headquartered in Menlo Park, has filed documents with the U.S. Securities and Exchange Commission to raise $400 million across two new China-focused funds. The firm has set a $300 million target for its second flagship China fund, a significant increase from the $180 million it garnered […]

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Lightspeed announces new $560 million fund for China

Global investor Lightspeed is starting 2019 with its largest-ever fund for China, where it has backed a number of new internet challengers. The firm announced this week that its fourth China fund has closed with a total capital commitment of $560 million. The firm had a massive 2018, with no fewer than five of its portfolio holding IPOs […]

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5 unicorns that will probably go public in 2019 (besides Uber and Lyft)

Five unicorn IPOs we can expect to witness in the year ahead that no one’s talking about.

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Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla, Alfred Lin of Sequoia and Alex Taussig of Lightspeed are backers of Faire.

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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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Grab lands $50M from Thailand’s Kasikorn Bank to further its fintech push

Southeast Asia ride-hailing firm Grab is continuing to add strategic investors to its ongoing Series H round — which is targeted at over $3 billion — after it revealed Thai bank Kasikorn put in $50 million as part of a strategic partnership to advance its financial services strategy. Kasikorn joins Hyundai ($250 million), Microsoft (undisclosed) […]

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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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