Remove education Remove financing Remove incumbents Remove venture capital
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Revolution co-founder talks Living Social, ZipCar, Steve Case & GroupOn Super Bowl Ads

Both Sides of the Table

The venture capital industry is so heavily skewed to Northern California, which the remains spilled over Boston, New York & Southern California. So it was wonderful to hear from a leading venture capital firm based in Washington DC. There are of course other outposts like Austin and Seattle. Revolution, what is it?

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Venture capital funding may have slowed, but VC firms have no problems raising new funds

TechCrunch

As the market swoons, venture capital firms continue to announce new funds. Haris Khurshid, general partner at Chalo Ventures , launched a $50 million second fund focused on investing in Pakistani startups and a smaller percentage in Latin American startups. Venture capital slowed in Q2 (but it’s evolving).

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Spend management platform Teampay expands partnership with Mastercard, raises $47M

TechCrunch

Today, Teampay has hundreds of customers and significant venture capital financing behind it. million in debt) Series B led by Fin Venture Capital with participation from Mastercard, Proof Ventures, Trestle and Espresso Capital, bringing Teampay’s total raised to $65 million.

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Jambo raises $7.5M from Coinbase, Alameda Research to build “web3 super app” of Africa

TechCrunch

The latter is home to startups like Axie Infinity and Yield Guild Games, which have raised millions of dollars in venture capital owing to the adoption of crypto and play-to-earn models. Education is at the core of what we do because I think there is no shortcut in Africa. The last bit is play-to-earn games.

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Accel backs Mexican startup Flink’s effort to bring consumer investing to Latin America

TechCrunch

That platform, called Flink , attracted the attention of Silicon Valley-based venture capital firm Accel, which just led a $12 million Series A for the company. Mexico’s ALLVP, Clocktower, Kevin Efrusy and Oskar Hjertonsson and existing backer Raptor Financial Group participated in the financing as well. Image: Flink.

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Neon triples revenue in quest to become the biggest bank for Brazil’s working class

TechCrunch

I had a catastrophic relationship with incumbent banks.”. I wanted to help underserved people in Brazil and offer them financial education, and a better relationship with banks,” he told TechCrunch in his first interview with a U.S. In February, Neon raised a $300 million Series D financing that valued the company at $1.6

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The Fastest Growing Areas of Startup Investment in 2015

Tomasz Tunguz

Earlier this week, we examined the trends in the major categories of startup investment including eCommerce, Software, Social Networking and Education. But which lesser known startup sectors are starting to raise venture dollars? In addition, investors will seek under-explored areas to finance, looking for great returns.