Bloomberg Beta has raised its second $75 million fund to be dedicated – like its predecessor – to seed funding for start-ups. The two funds will not have identical interests, however – the new fund is geared more toward machine learning start-ups, which is a relatively new...
Bloomberg reports that the biggest bank in Spain is, in effect, doubling down on its investments in FinTech. Banco Santander is ramping up the financial backing of its eponymous FinTech fund, Santander InnoVentures, operating out of London, to $200 million, up from the previous $100...
Thanks in part to the resiliency of the stock market, the amount of venture capital money going into startups improved in the second quarter. According to a new MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, investors poured $15.3 billion into startups in Q2 2016, marking a...
Aiming to increase its upscale offerings, coffee chain giant Starbucks announced last week that it is investing in Princi, the Italian boutique bakery and café, known for its artisan breads. Starbucks is joining a global investment team that includes Angel Lab and Pekepan Investments. The group...
Startups have been aiming to disrupt pretty much every aspect of our lives, and that is particularly true of the fitness class market as well. Aiming to become the de facto app to help customers find local fitness classes, Zenrez of San Francisco raised $2...
The conventional wisdom going into 2016 was that chat apps and email apps were pretty much dead. Might there still be ways to innovate with email? Sure, but the experts agree that it was unlikely that anyone was going to outdo the dominance Google (and to...
CityBase, the Chicago startup that aids cities in reaching and serving residents and businesses, announced on Thursday (July 7) it raised $6.25 million in a Series B round of funding. The round was led by KDWC Ventures, which invested $4 million. “CityBase will be instrumental in applying...
Amid stock volatility, some unicorns pull back from previous IPO plans. Could there be cannibalization amid mergers and acquisitions, too?
The changing workforce has been something of an obsession since the rise of Uber and its many imitators. While 1099 contractors were not a new idea that on-demand introduced to the economy, the sudden surge has notably been a more recent phenomenon. The on-demand economy...
