Round was co-led by existing investor General Catalyst & new investor Kinnevik.
Search Results for: General Catalyst
Pursuant to this investment, Hemant Taneja, managing director at American venture capital firm General Catalyst Partners, has joined the board of MYSUN.
Stripe Inc. raised new financing that values the startup at about $9 billion, cementing its status as a major player in the crowded digital payments space and heralding a possible initial public offering. CapitalG, the late-stage investment arm of Alphabet Inc., and venture capital firm General Catalyst Partners led the… Read more »
The cash infusion is on top of another roughly $200 million Deliveroo raised last year. The considerable fundraising shows what a cost-heavy and competitive market food-delivery has become. In Europe, Deliveroo is competing with Just Eat, Uber, and Delivery Hero.
BreadTalk Group is forming a JV to grow its footprint in the UK, while Gushcloud has partnered with Octane AI to expand the use of its chatbot service.
Social Nation is InVent’s 10th portfolio company and its first investment in the United States. The previous investments include local business review portal Wongnai, golf-course booking platform Golfdigg and mobile-first engagement solutions Playbasis.
Electronic payments major Stripe has launched in Singapore while mobile customer engagement venture Perx has formed a partnership with customer engagement startup Complex Interactions.
Singapore state-fund Temasek Holdings has joined an investment round led by Bain Capital Ventures, to pump in an additional $140 million into upstart Jet.com, that is hoping to rewrite as well as reinvent the rules of online marketplaces.
Polish edtech startup Brainly announced today that it has raised $15 million of investment from South African internet and entertainment group Naspers, while Indonesia’s hiring platform Urbanhire launched ‘Urbanhire Search’ – a new model in job hunting that helps users search multiple job portals on a single click. Brainly series… Read more »
Nutanix may have squeaked by, but public offerings at a price below the private market valuation, once a rare event, have become quite common, especially for venture-backed companies worth $1 billion or more – the so-called unicorns. Such low-priced IPOs have been often been followed by lackluster public market performance.