Investments

Investments
Tapcart Raises $4M For Mobile Shopping App Growth
July 23, 2019

Santa Monica-based tech startup Tapcart Inc., which helps businesses set up mobile shopping apps, completed a $4 million seed funding round led by venture firm Greycroft. The SaaS platform works with businesses to integrate their shopping applications with both Google and Shopify, Tapcart announced in...

Investments
Robinhood Raises $323M On $7.6B Valuation
July 22, 2019

Stock trading app Robinhood has announced a $323 million Series E financing round, which brings the company’s valuation to $7.6 billion. “We’ll use the funding to keep pursuing our mission of democratizing finance for all,” the company wrote in a blog post. The funding round...

Investments
Trax Raises $100M To Speed Deployment Of Computer Imaging Tech
July 22, 2019

Trax, a Singapore startup focused on the retail industry, announced that it has secured a $100 million Series D investment, led by HOPU Investments, one of Asia’s leading alternative asset managers. “HOPU is thrilled to partner with Trax, a global leader in commercial applications of...

Investments
Senior Transport Service Onward Raises $1.5M
July 22, 2019

Onward revealed that it has raised $1.5 million in seed funding that will enable it to help seniors get to their destinations safely. The round was led by Royal Street Ventures, Matchstick Ventures and JPK Capital. Onward launched in March in the San Francisco Bay...

Investments
FOMO: The (Literal) Land Grab For Real Estate Startups
July 22, 2019

Call it groupthink, on a grand scale, to the tune of billions of dollars. Call it FOMO. But then again, YOLO. So why not stake a claim? News came this week that a cramped space is getting a bit more crowded. We’re talking about the...

Investments
Sennder Raises $70M For Digital Freight Tech
July 22, 2019

The Berlin-based startup Sennder, which connects commercial shippers and smaller freight carriers, announced a significant round of funding to take on the logistics market with an updated digital platform. The company has raised $70 million in a Series C funding round with a reported valuation...

Investments
Founder’s Shares Purchase Sends India’s OYO’s Valuation To $10B
July 21, 2019

Indian hospitality business OYO now has a valuation of $10 billion after its founder, Ritesh Agarwal, purchased $2 billion in shares from Sequoia Capital and Lightspeed Venture Partners. The 25-year-old founder completed the transaction via a Cayman Islands company called RA Hospitality Holdings, and was...

Investments
Trade War Slows Flow Of Cash From China To US
July 21, 2019

The flow of Chinese cash into America has fallen almost 90 percent since Donald Trump became President. The decline has impacted numerous industries including Silicon Valley startups, the Manhattan real estate market and state governments. As for the cause, blame it on a combination of...

Investments
Germany’s FlixMobility Reaches $2B Valuation With Massive Funding Round
July 19, 2019

German AI-driven mobility startup FlixMobility has raised $531 million in a new funding round, and is now valued at more than $2 billion, according to reports.  The funding amount is the largest for any German outfit so far this year. The company is perhaps best...