Stash raises $40 million Series C to make investing more approachable

July 14, 2017

Micro-investing app Stash has raised an additional $40 million in Series C funding, the company announced this morning, following rapid growth in terms of sign-ups from new users 86 percent of whom are first-time investors. The startups app is designed to help ease people into investing by allowing anyone to start with as little as $5, then build a portfolio you contribute more to over time. Stash competes in a…

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Toyota launches venture capital fund targeting artificial intelligence startups

July 12, 2017

Toyota is the latest Fortune 500 company to launch an AI focused venture capital fund. The initial early-stage fund will deploy $100 million and operate as a subsidiary of theToyota Research Institute.The automaker has strategically positioned itself as an ROI rather than strategic-focused fund meaning that it aims to profit like any other VC firm. Jim Adler will serve as managing director of the fund. He has been serving as…

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As the LA venture market booms, Upfront closes its sixth fund with $400 million

June 30, 2017

Los Angeles is the third largest market for venture capital investment in the United States with $4.2 billion invested in the last year alone, and its perhaps the market where capital commitments are increasing at the fastest pace. With the public offering of Snap, and the billion dollar exits for both Dollar Shave Club and Qlogic, the city has also proven to be a place where investors are posting real…

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Banking with your personal assistant will be the future, whether you like it or not

June 11, 2017

Image: ambar del moral/ mashable It is suggested that asking your telephone helper for your bank account will soon be a reality. Samsung lately partnered with three of South Korea’s largest banks to start singer bidding banking a reality for South Korean users. Bixby which is shipped with the Samsung Galaxy S8 can make financial transactions by voice dominate via Samsung Pay and Samsung Pass, Samsung’s answer to Touch ID….

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U.S. Colleges Have $500 Billion to Invest. Now Where Are All the Green Deals?

June 4, 2017

If you guessed that the University of California system would champion “sustainable” investing, you’d be correct. The catch is, the shelves in the sustainable investing aisle aren’t especially well-stocked with opportunities. U.S. college endowments altogether hold more than $500 ­billion in assets, a growing part of which they’ve allocated to sustainable or “impact” investing. Yet they also face something of a paradox: Where, exactly, does one invest that money? The…

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Omise to raise $19M in first cryptocurrency sale from a major VC-backed startup

May 31, 2017

The tech industry is opening its attentions to the possibilities of initial coinofferings ,~ ATAGENDand its about to see the first ICO from a major venture-backed company. Last week, Kik, a messaging app popular with young people in Northern america, Omise Go which will be used to capability a structure that letsusers convey coin and make payments without the is necessary to a bank account or high service fees. The…

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SoftBanks massive Vision Fund raises $93 billion in its first close

May 21, 2017

SoftBanks huge $100 billioninvestment fund the most significant tech money in history Apple, Qualcomm, UAE-basedMubadala Investment Company, Saudi Arabias PID populace money, Foxconn, and Foxconn-owned Sharp. The schedule is for the fund to reach its $100 billion target within the next six months through commitments from other investors. The fund is committing to a minimum of $100 million transaction checks, with a focus on both minority and majority are dealing…

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For investors seeking a purpose-built CRM toolkit, Affinity raised $13.5 million to get you covered

May 19, 2017

For the venture capitalists, hedge funders, investment bankers and private equity folks trawling the skyways looking for deals, theres nothing more important than a strong network. But for most firms keeping track of meetings, managing follow-ups, and plotting a next move is still a pretty low-tech process (ironic considering all the CRM tools these guys have built for others). Well, now theres a company calledAffinity, thats hoping to give investors…

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Kreditech raises 110M from Naspers PayU in strategic financing partnership

May 11, 2017

estimated was about 300 million) butless than 500 million. PayUs investment is mostly in equity, and it givesNaspers a minority stake in Kreditech. Kreditechto date has larger investment strategy in emerging markets made other bets in e-commerce. PayUnow competesagainst PayTM and others in capitalisingon a fast-growinge-commerce market. Offering more financing options as a part of the payment process is one way to help differentiate PayUand make it a more attractive…

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500 Startups closes $15M fund to back founders inthe Middle East and North Africa

May 11, 2017

Fresh off closing a $10 million fund earlier this year acquisition of Souq was really awatershed moment for the region, Dave McClure, founding partner of 500 Startups, explained to me in an interview. The implication is that there is serious regional interest in venture capital investment. SoftBank $3.5 billion investment in Uber also comes to mind as indicative of the trend. Right nowgovernment-supported programs are incentivizing people to set up…

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