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It’s Morning in Venture Capital

Both Sides of the Table

Many observers of the venture capital industry have questioned whether its best days are behind it. Looking ahead at the next decade I am excited by what I believe will be viewed as one of the best and most rational investment periods for venture capital due to seven discrete factors: 1. This article originally ran on PEHub.

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Ribbit Capital leads $26.7M round for Brazilian fintech Cora

TechCrunch

Cora , a São Paulo-based technology-enabled lender to small-and-medium-sized businesses, has raised $26.7 million in a Series A round led by Silicon Valley VC firm Ribbit Capital. Kaszek Ventures, QED Investors and Greenoaks Capital also participated in the financing, which brings the startup’s total raised to $36.7

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Fintech startup Vise raises $65 million in Series C led by Ribbit Capital

TechCrunch

Vise today announced a $65 million Series C financing round led by Ribbit Capital, with participation from existing investors, including Sequoia. The startup launched on the Disrupt Startup Battlefield stage in 2019 and has since raised upwards of $125 million. The end goal is to “enable financial freedom for everyone.”

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SoftBank-backed Tridge, a Korean platform that matches food agriculture buyers and sellers, bags $37.2M Series D at a $2.7B valuation

TechCrunch

Supply chain disruption caused by the COVID-19 pandemic and the war in Ukraine is driving increased costs of goods and services, affecting not only the industrial sector (e.g., The platform helps from research to ordering and enables buyers to source their food and agriculture items at reasonable prices in more than 150 countries.

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Free Money for Student Tech Founders

David Teten VC

Next36 focuses on supporting students and recent grads launching their startups, while Next AI supports AI-enabled ventures looking to disrupt industries. . Dorm Room Fund is an American venture capital firm run by students that invests in student founders in the US and Canada using a $20,000 SAFE.

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Uganda’s Tugende closes $3.6M Series A extension to meet the demand for its asset finance products

TechCrunch

Ugandan technology-enabled asset finance company Tugende today announced that it has closed $3.6 Enza Capital participated, alongside some unnamed angel investors. Michael Wilkerson founded Tugende in 2012. Because of the nature of its business, Tugende needs a steady influx of debt capital.

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Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round

TechCrunch

Geopagos , a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. In a nutshell, Geopagos feels it is in the ideal position of being able to serve as the software enabler that can retrofit incumbents like large banks and launch the enablers like fintechs.

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