Investments

Investments
Financial Software Firm OpenFin Raises $17M
May 17, 2019

In a Wells Fargo & Co.-led round, financial services software startup firm OpenFin notched $17 million in funding. Barclays also participated in the round, as did existing investors such as Bain Capital Ventures, Pivot Investment Partners and JPMorgan Chase & Co., Reuters reported. The company...

Investments
Minna Technologies Notches €5.6M In Series A Round
May 17, 2019

In a Zenith Group-led funding round joined by Visa as well as Swedbank, subscription management platform Minna Technologies has notched €5.6 million in a Series A round. The company started as an app that enabled people to manage subscription offerings like streaming services, telecoms and...

Investments
GetYourGuide Closes $484M Round Led By SoftBank
May 17, 2019

Travel booking platform GetYourGuide announced that it has raised $484 million in Series E funding, led by the SoftBank Vision Fund. The round also saw participation from co-investors Temasek, Lakestar, Korelya Capital and Heartcore Capital (formerly Sunstone Capital), as well as original investors, including Swisscanto Invest...

Investments
Uber/Lyft IPO Doldrums To Spill Over To WeWork?
May 16, 2019

They say a rising tide lifts all boats. Maybe the opposite is true, too, in a way – that a rocky sea swamps all ships. In the wake of the Uber IPO, which can only be termed disappointing, red flags seem to be going up...

Investments
Singapore Payments Startup YouTrip Raises $25.5M For Apac Expansion
May 16, 2019

Singaporean multi-currency payments app YouTrip has raised $25.5 million in a pre-Series A funding round, the company announced on Thursday (May 16). Venture capital firm Insignia Ventures Partners, founded by ex-Sequoia partner Yinglan Tan, participated in the fundraising round, among others. YouTrip, which also offers...

Investments
Kr Space Raises $145M To Shift Its Focus
May 16, 2019

Kr Space, the Chinese co-working startup equivalent to WeWork in the U.S., raised $145 million in funding. In an announcement first spotted by Deal Street Asia, Kr Space said the funding round was led by IDG Capital, Gefei Assets and Yixing Capital. Proceeds from the...

Investments
Newly Funded Feather Brings Furniture Subscription To LA
May 16, 2019

Furniture subscription rental service Feather is using its latest round of funding to expand to Los Angeles. The company raised $12 million in a Series A funding round, led by Spark Capital, with participation from Kleiner Perkins, Bain Capital Ventures, Y Combinator and Fuel Capital, to...

Investments
WeWork Announces $3B Fund To Invest In Its Own Rentals
May 15, 2019

WeWork, which recently renamed itself The We Company, has built a multibillion-dollar valuation with its business model of renting out spaces. The company now wants to expand into owning the buildings as well, according to a report from CNBC. The company is starting a “global...

Investments
Grofers Raises $200M In SoftBank-Led Round
May 15, 2019

Grofers, the Indian online grocery startup, has raised more than $200 million in a new round of fundraising. According to a report in Deal Street Asia, the fundraising round was led by SoftBank’s Vision Fund. Tiger Global, Sequoia Capital and new investor KTB took part...