Startups

Singapore-headquartered FinAccel has secured $90 million in what is the largest funding round for a fintech startup in Southeast Asia as it looks to further grow its credit lending app Kredivo and build more financial services. The financing round, dubbed Series C, for the three-and-a-half-year-old startup was jointly led by Asia Growth Fund — a
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Accel, one of the world’s most influential venture capitalist firms, is becoming more bullish on India. The Silicon Valley-headquartered firm, which largely focuses on early stage investments, said today it has closed $550 million for its sixth venture fund in India. This is a significant amount of capital for Accel’s efforts in India, where it
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We had a lot to get through this week and may have ran over our time a little bit but it was worth it. First, we discussed Weekend Fund’s second effort, a $10 million vehicle targeting early-stage upstarts.
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Joe Procopio Contributor Joe is a multi-exit, multi-failure entrepreneur. Joe is currently building Spiffy, and previously sold Automated Insights, sold ExitEvent, and built Intrepid Media. Find more about Joe at joeprocopio.com or @jproco on Twitter. More posts by this contributor Here’s what happens when you decide to sell your startup Are you considering selling your
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The New York Stock Exchange filed paperwork this morning with the U.S. Securities and Exchange Commission to allow companies to raise capital as part of a direct listing. Direct listings are a way for companies to go public by selling existing shares held by insiders, employees and investors directly to the market, rather than the
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Product Hunt founder Ryan Hoover has raised another $10 million to invest in nascent upstarts via Weekend Fund. The news represents the firm’s second fundraise after a $3 million debut angel fund that closed in 2017. Hoover, an investor in Girlboss, audio social media platform TTYL and mobile application performance software company Headspin, founded Product Hunt
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Detectify, the Sweden born cybersecurity startup that offers a website vulnerability scanner powered by the crowd, has raised €21 million in further funding. Leading the round is London-based VC firm Balderton Capital, with participation from existing investors Paua Ventures, Inventure and Insight Partners. Detectify says the new funding will be used to continue to hire
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We have something a bit different for you this week. Equity co-host Kate Clark recently sat down with Manish Chandra, the co-founder and chief executive officer of Poshmark, and one of his earliest investors, NFX managing partner James
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Kleiner Perkins has joined a $24.5 million Series A funding round for Bison Trails, a provider of blockchain protocols, which was led by Blockchain Capital to develop the firm’s infrastructure services. Other participants included Coinbase Ventures, ConsenSys, A Capital, Collaborative Fund and Sound Ventures as new investors. Galaxy Digital and Initialized, as early backers, joined
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