Bykea, which leads the ride-hailing market in Pakistan, has raised $13 million in a new financing round as the five-year-old startup looks to deepen its penetration in the South Asian country and become a “super app.” The startup’s new financing round, a Series B, was led by storied investment firm …
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At 26 years of age, Ramtin Naimi, has already made a small fortune as a hedge fund investor. Now, the founder of Abstract Ventures, an early-stage venture investment firm, is looking to rethink how early stage deals are done. Specifically, he’s hoping to combine an emphasis on community and philanthropy with …
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Singapore’s Jungle Ventures today confirmed the final close of its newest $100 million fund for investments in Southeast Asia. The firm announced plans for the fund, which is its second, in September 2015 when it completed a first close. It represents a big step up from the first debut $10 million, …
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Hot on the heels of its acquisition of POP, design and prototyping platform Marvel is disclosing that it has raised £4 million in Series A funding. Leading the round is BGF Ventures, with participation from previous backers including Index Ventures, Connect Ventures, Inreach Ventures, Andy McLoughlin and Richard Fearn. Starting …
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Today, Tinder is launching a new MA branch of the company called Swipe Ventures, which will be led by Sean Rad. As part of the launch, Rad will step down as Tinder CEO and become chairman of both Tinder and Swipe Ventures, with Match CEO and Chairman Greg Blatt swapping …
Read More »Microsoft Ventures today announced two steps that point to how the tech giant’s VC arm wants to get involved in artificial intelligence in a big way. First, it’s now going to pursue investments through a special fund dedicated to AI startups that focus on “inclusive growth and positive impact on society.” …
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