The dollars keep flowing into Latin America. Today, Argentine personal finance management app Ualá announced it has raised $350 million in a Series D round at a post-money valuation of $2.45 billion. SoftBank Latin America Fund and affiliates of China-based Tencent co-led the round, which included participation from a slew of existing backers, including funds […]
‘The tortoise and the hare’ story is playing out right now in VC
The unprecedented liquidity entering the venture market in the past year has spurred trends that require VCs to adapt to an environment where startup founders have far more leverage than they used to.
Sequoia leads $13M investment in Aalto, an online marketplace that lets homeowners sell directly to buyers
If you’ve ever sold a house, you know what a pain it is to go through the process of listing, showing and negotiating the sale of your home. It’s so much of a pain that many people put it off as long as possible because they don’t want to deal with it. The result is […]
Crypto tax software provider TaxBit raises $130M at a $1.33B valuation
Just five months after raising a $100 million Series A, TaxBit announced today it has raised $130 million in a Series B round of funding. The latest financing officially makes the Salt Lake City, Utah-based provider of crypto tax and accounting software a unicorn, with a valuation of $1.33 billion. It also brings the startup’s […]
Motivo raises $12M Series A to speed up chip design with AI
Chip design is a long slog of trial and error, taking years to bring a design to market. Motivo, a five year old startup from a chip industry veteran is creating software to speed up chip design from years to months using AI. Today the company announced a $12 million Series A. Intel Capital led […]
Youreka Labs spins out with $8M to provide smart mobile assistant apps to field workers
The company is developing robotic smart mobile assistants that enable frontline workers to perform their jobs more safely and efficiently.
Wonder Brands picks up $20M, aims to build marketplace of Latin American e-commerce brands
E-commerce roll-up companies are big in the United States, and Wonder Brands wants to be that for Latin America.
Reddit is raising up to $700M in Series F funding
Earlier this year, Reddit raised $250 million, bringing the 16-year-old site up to around $800 million in total funding. Today, it announced plans for an even more massive windfall, with a Series F led by Fidelity. The company confirmed with TechCrunch that has raised $410 million thus far, with plans to raise up to $700 […]
Construction tech startup Agora raises $33M in Tiger Global-led round amid 760% YoY ARR growth
Agora, a startup that has built a materials management platform for contractors, has raised $33 million in a Series B round of funding led by Tiger Global Management. 8VC, Tishman Speyer, Yahoo co-founder Jerry Yang, Michael Ovitz, DST, LeFrak and Kevin Hartz also participated in the financing, which brings the startup’s total raised since its […]
Consumer goods software company Aforza bags $22M to open US headquarters
Built on Salesforce and Google Cloud platforms, consumer goods companies can use Aforza to digitally transform product distribution and customer engagement.