Deutsche Bank, the German bank, has seen Hudson Executive Capital, the hedge fund run by JPMorgan Chase’s former Chief Financial Officer Doug Braunstein, take a 3.1 percent stake in the bank. According to a report in the Financial Times, citing Braunstein, the hedge fund built...
Ethos, a startup that claims to process life insurance applications in minutes, has raised $35 million in venture funding. CNBC, citing the company, reported the round of financing was led by Accel and included participation by Google’s venture capital arm. CNBC reported that with the latest...
Deliv, the startup delivery platform that has partnerships with well-known brands, has raised $40 million in venture funding. VentureBeat, citing the company, said the series C round of fundraising included Google, Clayton Venture Partners, UPS, General Catalyst Partners, The Macerich Company, PivotNorth Capital, RPM Ventures and Upfront...
Coinbase, the cryptocurrency exchange operator, has raised a fresh round of funding that gives it a valuation of more than $8 billion. According to a Coinbase blog post, the company raised $300 million in a Series E round of funding led by Tiger Global Management,...
Naspers has announced that it has created an R1.4bn ($300 million) startup fund to boost the technology sector in South Africa. Naspers Foundry, which will launch in 2019, was created to fund South African technology startups looking to address major societal needs. In addition to...
Berkshire Hathaway, the Warren Buffett investment company, has been getting in on the FinTech market, investing hundreds of millions of dollars during the past few months. The Wall Street Journal, citing the company, reported that during the past few months, Berkshire has invested roughly $600...
Tech stocks – they used to feel like they were getting whipsawed. Now, they just feel like they go in one direction … down. Despite the downdraft, there still is, as always, jockeying for position among value as measured by market capitalization. As of trading on...
For tech investors, is a rotation a-brewing? When it comes to investing, a rotation occurs when investors take their money out of one sector and put it into another — and the goal, as always, is to see better returns that come with the broader...
Munich-based tado°, the intelligent home climate management company, announced on Thursday (Oct. 25) that it has landed a $50 million investment from investors, including Amazon. In a press release, tado° said other investors participating in the round of fundraising include E.ON, Total Energy Ventures, Energy Innovation Capital,...
