Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. That’s according to a Bloomberg News interview Wednesday (Sept. 11) with Carlos Simonsen, co-founder and managing partner of the venture capital (VC) firm. “There are a lot of...
Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial Times reported Sunday (April 28), citing sources familiar with the matter who say the funds...
Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and fall of a number of once high-flying companies — WeWork, Convoy, Olive AI — that...
Coinbase, among the chief investors in the cryptocurrency sector, has reportedly reduced its startup funding. This pullback is part of a larger decline in investments at crypto firms, many of whom have their own venture capital (VC) operations, Bloomberg News reported Wednesday (Nov. 15). And although...
August 30, 2018
Business growth in Africa requires better payments infrastructure, and that effort received a significant boost this week when Stripe, Visa and other firms invested $8 million in Paystack. The Nigerian company enables developers to create payment tools via its APIs, and connects multiple payment processors by handling transactions for merchants and consumers. The investment will […]
August 17, 2018
It’s hard to give up that old wardrobe, teddy bear, bass guitar…you name it. But make the decision and letgo helps people, well, let go. CEO Alec Oxenford tells PYMNTS...
March 09, 2018
Even as a telecommunications conglomerate, it’s hardly surprising that Comcast is jumping into the world of blockchain. Via the firm’s Comcast Ventures, the company led a nearly $3.3 million funding...
May 01, 2017
Which grocery stocks look most likely to see May flowers? Costco shares saw a spike in value mid-week in the last week of April trading, rising above $178 as the...
September 15, 2024
Venture capital (VC) firm Insight Partners is reportedly preparing to close a $10 billion-plus fund. As the Financial Times (FT) reported Sunday (Sept. 15), the fund is around half the amount the company had initially planned, but a sign that tech investors are returning to the VC market. Insight won’t close on its fund until […]
September 11, 2024
Brazilian investment firm Upload Ventures is reportedly upping its artificial intelligence (AI) investments while avoiding credit FinTechs. That’s according to a Bloomberg News interview Wednesday (Sept. 11) with Carlos Simonsen,...
April 28, 2024
Venture capital (VC) operation General Catalyst has reportedly raised almost $6 billion for technology startups. The company, which has invested in Stripe, Snap and Mistral, could close its newest fund as soon as May, the Financial...
December 07, 2023
Investors in America’s tech startup sector are bracing for a collapse. That’s according to a report Thursday (Dec. 7) by the New York Times (NYT) which chronicles the rise and...
