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Looking Back On Tech, Startups, And VC In 2018

Haystack

And, with that warning, I offer to you, the big stories in the startup and investing ecosystem of 2018, written in ascending order of importance and magnitude…. 6/ Venture Capital In Expansion Phase. During this time, there’s financial leverage used in the transaction to help buffer the firm’s cost of capital (e.g.

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Summer International uses social media data to launch new beauty brands

TechCrunch

Founded in Singapore and based in Los Angeles and South Korea, Summer International announced today it has raised a $5 million seed round from investors including GDP Ventures, Teja Ventures, Gushcloud International and Singaporean angel investors Koh Boon Hwee and Shirley Crystal Tan.

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The Future of Hospitality is Here

Revolution

In fact, according to the 2018 year-end report by CREtech , funding for “proptech” startups has surged with over $20 billion invested across early and late stage venture rounds in the last two years?—?quickly quickly making real estate technology one of the fastest growing venture asset classes.

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Highnote launches a collaboration platform for musicians and podcasters offering voice notes, polls and more

TechCrunch

Might come as a surprise, but the audio world, in large part, uses general-purpose tools to discuss and iterate their files, which is extremely inefficient,” Bradley said. Highnote is free to use, and no download is required. We think that moving forward, current and future partners can really help us make waves,” he told us. “We

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Inside Seoul Robotics’s contrarian approach to autonomous vehicle tech

TechCrunch

And its contrarian approach has attracted a new group of investors and $25 million in venture funding. According to Seoul Robotics CEO Hanbin Lee, the LV5 CTRL TWR uses an automatic transmission and connectivity built into vehicles to maneuver them autonomously without requiring hardware. Image Credits: Seoul Robotics.

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Real estate platform Loft raises $425M at a $2.2B valuation in one of Brazil’s largest venture rounds

TechCrunch

A mix of new and existing investors also participated in the round, including Advent, Altimeter, DST, Silver Lake, Soros, Tarsadia, Tiger Global, Andreessen Horowitz, Caffeinated, Fifth Wall, Monashees, QED and Vulcan, among others. Pencz and Florian Hagenbuch founded Loft in early 2018 and today serve as its co-CEOs.

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Serial fintech founder raises $20M for Ant Money to make micro-investing even more accessible

TechCrunch

Then in 2018, Walter went live with a new company — Blast. With that venture, he aimed to challenge traditional banking yet again by bringing personalized financial tools to gamers. I think that’s a really big differentiator for us from our competitors.”. Or is it more like Robinhood?”.

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