Coral Capital, a Tokyo-based venture capital firm, announced today that it has closed its third fund, Coral Capital III, raising $128 million (14 billion yen). Coral Capital’s total assets under management (AUM) is now $275 million. Limited partners in the vehicle include Mizuho Bank, Mitsubishi Estate, Shinsei Bank, Pavilion Capital, Founders Fund, Dai-ichi Life Insurance, […]
Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem
There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 billion in just the first half of 2021, almost double the amount in all of 2020.
Lessons from COVID: Flexible funding is a must for alternative lenders
Alternative lending is any lending that occurs outside of a conventional financial institution. These lenders offer different types of loans such as lines of credit, microloans and equipment financing.
Kocomo raises millions to give people a way to co-own a luxury vacation home
Who doesn’t want a vacation home? Right. That’s what I thought. Kocomo is a Mexico City-based startup that wants to help make that dream a reality. And it has just closed on $6 million equity and $50 million debt financing to advance on that goal. The company aims to allow for cross-border co-ownership of luxury […]
Brazil’s Petlove raises $150M from Riverwood, SoftBank to sell pet products and services online
Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) today in a funding round led by Riverwood Capital. The round is nearly double that of what Petlove has raised in its history. The company started its life as PetSuperMarket […]
The Station: Rivian makes its IPO move, Nuro pushes into Nevada and Waymo scales up in SF
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m […]
A new coalition for “Open Cap Table” presents an opportunity for equity transparency
Yifat Aran Contributor Share on Twitter Dr. Yifat Aran is a visiting scholar at the Technion, Israel Institute of Technology, and an Assistant Professor in Haifa University Faculty of Law. She earned her JSD from Stanford Law School where her dissertation focused on equity-based compensation in Silicon Valley startups. The ownership of startups is often […]
Diversifying startups and VC power corridors
Jennifer Fan Contributor Jennifer Fan is an assistant professor of law and director of the Entrepreneurial Law Clinic at the University of Washington School of Law. Startups have a seemingly intractable problem: a lack of diversity. Despite research showing that diverse founding teams have a higher rate of return than white founding teams, one characteristic […]
Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem
Forget what you’ve heard: There are *many* shortcuts to success.
The pre-pitch: 7 ways to build relationships with VCs
Building relationships with potential investors requires you to think less like a founder and more like a marketer — much of the legwork comes long before it’s time to ask for a commitment.