Earlier this morning we wrote about Switzerland-based SonarSource raising a $412 million round that valued the “clean code” platform at $4.7 billion. …Read the full story
The company helps power mining by harnessing natural gas that is typically burned during oil extraction—a process called flaring. …Read the full story
For the past year, cannabis-related companies raised over $1.3 billion across close to 90 private funding rounds of $500,000 and up, per Crunchbase data. Per The Wall Street Journal, the AdvisorShares Pure Cannabis ETF , one of the larger funds tracking the sector, is down 22 percent this year even after a poor 2021. Also, […]
Taking that point a step further is the slowdown in special-purpose acquisition companies, or SPACs. The proposed changes that came from the SEC late last month weren’t unexpected to many in the industry. In general, the commission and Chairman Gary Gensler have been rather public about scrutinizing blank-check companies more closely. However, what makes the […]
Wagestream, a London-based startup that offers a flexible pay and finance management app aimed at front-line and hourly workers, said Wednesday it raised $175 million in Series C funding it will use to expand in the U.S. The app also integrates with other payroll systems and gives workers the ability to manage their income—including how […]
The social media giant’s CEO, Parag Agrawal, said Sunday night that Musk declined the board appointment Saturday, the same day it was set to begin. The whole saga got me thinking about public company board appointments and Musk’s possible motivations to join Twitter leadership. Public company boards work a little differently from those of private […]
On the unicorn front, 45 companies joined the Crunchbase Unicorn Board in January, matching the new unicorn count for December 2021, and up slightly compared to January 2021, when 43 new unicorns were minted. Investors leading or co-leading the largest fundings last month included Tiger Global Management, SoftBank Vision Fund, Sequoia Capital and Fidelity. Andreessen […]
Volatility in the public stock markets is setting the private markets up for uncertainty this year. “In general, the public market and the volatile nature of that does not create a good environment for the private markets in terms of valuation,” said Himalaya Rao, managing director of the seed-stage fund Black Founders Matter. While stocks […]
Edtech and IPOs went together in 2021 like two people kissing in a tree, as the kids would say. The boom in successful edtech IPOs and other exit moves in the sector via SPACs or mergers and acquisitions were pushed forward primarily by the COVID-19 pandemic. Then the pandemic hit and the entire country rushed […]
This was a record year for companies going public, with startups and legacy brands alike tapping into a public market that was hungry to invest. We included VC-backed companies that went public this year on the Nasdaq or New York Stock Exchange and ranked them by deal size . The electric vehicle-maker raised the most […]
As both a business owner and an investor in the digital health sector, I believe this shift is being fueled by three factors. Digital health startups are meeting these demands by helping employers take an active role in providing their workforce with access to care, including onsite medical clinics and offering mobile-first primary care. For […]
Oftentimes, especially for companies that go public with their founder as CEO, executives don’t realize how busy investors are and how many other stocks those investors are evaluating. Corporate leaders are often surprised by how frequently they have to tell their story, he said, and the first year as a public company is one of […]
The round was co-led by The Raine Group and PremjiInvest, with participation from existing investors General Catalyst, Victory Park Capital and Khosla Ventures. Heyday acquires and incubates brands in large marketplaces like Amazon, helping to accelerate the business through its platform by using data and expertise in areas like operations and marketing. The marketplace aggregation space […]
A recent Financial Times article celebrates the flexible thinking of Indian businesses in the COVID-19 pandemic, as those companies have reacted in real time to the latest challenges and calibrated those reactions according to the local context. Large sums of capital come with a plan to disrupt existing industries, to make a location a leader […]
Bitcoin has been in the news more than ever as the price of the first-ever cryptocurrency has surged in the last six months. Each attempt to solve the equation is called a “hash,” and the overall activity on the network is referred to as “hash rate.” The miner who eventually solves the equation is rewarded […]
For example, when a user comes home and plugs in their EV, dcbel knows to have it fully charged by the time the user leaves the next morning. The company is planning on entering California, specifically the Bay Area, as its first market, and plans on entering New York by the end of 2021. The […]