To better understand Sequoia’s new model, The Exchange reached out to a number of publicly listed venture capital groups from the United Kingdom.
Co-founder titles aren’t a formality, they’re a morality
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. Good news, everyone: Mary Ann is back! Yes, after a short absence we have our third Friday host back where she belongs. Namely right in front of a microphone, talking to us. And […]
India’s Paytm makes market debut
A decade ago, Vijay Shekhar Sharma flew to Hong Kong to attend an All Things D conference. At the event, he watched Silicon Valley executives Jack Dorsey and Brian Chesky talk about the firms they were building. But the conversation that would change the trajectory of his firm, One97 Communications, was an interview of Alibaba […]
Are rivals snacking on Instacart’s core grocery delivery market?
Instacart’s growth rate is plateauing. What’s going on?
With new tech and $3.6M seed, DiviGas aims to clean up hydrogen production
Hydrogen is at the center of many industrial processes and potentially part of major future energy ecosystems, but the process of isolating and storing it is wasteful and expensive. DiviGas, armed with a $3.6M seed round, hopes to clean up the hydrogen production industry with a new tech that leapfrogs existing methods, potentially supercharging this […]
Cognixion raises $12M to build its brain-monitoring headset for people with disabilities
Cognixion, a startup designing an intuitive brain-monitoring headset and interface for people with physical disabilities, has raised a $12M A round to pursue its accessibility ambitions. Armed with this funding, it should be able to complete the long list of requirements necessary for any medical or assistive device to be made widely available. The company, […]
Brazilian social commerce marketplace Facily quietly raises $366M in less than a year, now valued at $850M
Facily, a São Paulo-based social commerce marketplace, has quietly raised over $366 million in funding across four different rounds over the last year. Most recently, Facily closed on a $250 million Series D that was led by DX Ventures and Berlin-based Delivery Hero, with Citius as co-anchor investor. That investment values the startup at $850 […]
Credit-focused company Upgrade raises $280 million at $6 billion valuation
Fintech company Upgrade has raised a Series F round just four months after raising its previous round. Today, the company is announcing $280 million in new funding at a $6 billion pre-money valuation. In August, the company announced its Series E round — $105 million at a $3.325 billion valuation. In other words, the company […]
Data center companies CyrusOne and CoreSite acquired in deals totaling $25B
It’s been quite a week for data center industry consolidation in the U.S. Two companies, CyrusOne and CoreSite, announced deals valued at $15 billion and $10 billion, respectively. It is unusual to see two companies in the same industry announce such large acquisitions on the same day, but that’s what happened on Monday. Let’s start […]
Lifen raises $58 million to digitize the healthcare industry
French startup Lifen has raised a $58 million (€50 million) funding round. The startup has been working on digital infrastructure for the healthcare industry, starting with medical reports. Indeed, 600 healthcare facilities are using the product to send and receive medical documents. And each customer is using Lifen intensively as it represents 2 million medical […]