A fantasy sports exchange founded by Irish betting veteran Paddy Power is bringing NFT-enabled live trading to rugby fans in a bid to expand globally. American Sports Exchange (ASX Sports), just signed a deal with New Zealand digital media company RugbyPass to use its data to allow fans to participate in ASX’s virtual stock market […]
Partech raises $750 million growth fund
Paris-based VC firm Partech has announced the closing of the fundraising of its new growth fund. Partech Growth II is the firm’s second growth fund. And the team managed to raise $750 million. As a reminder, Partech Growth I was a smaller fund with €400 million under management, which represents $460 million at today’s exchange […]
Jump brings stability to freelancers by giving French permanent contracts
French startup Jump wants to disrupt the industry of umbrella companies. Those companies provide an alternative to traditional freelancing jobs. They can hire workers on permanent contracts so that they get the stability and the benefits that come with a full-time contract. But workers remain independent — they can work with multiple clients and they […]
Developer productivity tools startup Raycast raises $15M from Accel and Coatue
Developer-focused productivity tool Raycast has raised $15 million in Series A funding, led by Accel and Coatue. Also participating in the round were angel investors Johnny Boufarhat, the CEO and founder of Hopin; Jeff Weinstein, the head of product at Stripe; Jason Warner, the former CTO of GitHub and Ott Kaukver, the CTO of Checkout.com, […]
GajiGesa, a fintech for unbanked Indonesian workers, lands $6.6M pre-Series A
GajiGesa, a fintech company focused on services for Indonesian workers, announced today that it has raised $6.6 million USD in pre-Series A funding. The round was led by MassMutual Ventures, with participation from January Capital, European earned wage access company Wagestream (EWA is GajiGesa’s flagship feature), Bunda Group, Smile Group, Oliver Jung, Northstar Group partners […]
Upway is building an online marketplace to buy and sell used electric bikes
Meet Upway, a French startup that is building a marketplace for second-hand electric bikes. The startup just raised a $5.7 million (€5 million) seed round from Sequoia Capital and Global Founders Capital. If you’re familiar with the world of online marketplaces for cars, Upway will sound familiar to you as well. The company buys electric […]
Fractions aren’t enough of an answer to divisions
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends.
The startup market is taking on more and more risk
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IoT data collector Samsara’s IPO will be fun to watch
Samsara would have to command a revenue multiple of just under 12x to meet its final private price. Will it manage that? Er, yes. Yes, it will.
Jefa raises $2 million to offer digital accounts for women in LATAM
Fintech startup Jefa has raised a $2 million seed round to build a fintech startup offering digital accounts with a product specifically designed for women living in Latin America and the Caribbean. The company has managed to attract 115,000 women on its waitlist and participated in TechCrunch’s Startup Battlefield last year. Investors in Jefa include […]