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Posts Tagged ‘money’

Mexican venture firm ALL VP has a $73 million first close on its latest fund

Buoyed by international attention from U.S. and Chinese investors and technology companies, new financing keeps flowing into the coffers of Latin American venture capital firms. One day after the Brazilian-based pan-Latin American announced the close of its $150 million latest fund comes word from our sources that ALL VP, the Mexico City-based, early stage technology ...

Monashees raises $150 million for its eighth Latin American fund

As technology investment and exits continue to rise across Brazil, early stage venture capital firm monashees today announced that it has closed on $150 million for its eighth investment fund. Commitments came from Temasek, the sovereign wealth fund affiliated with the Singaporean government, China’s financial technology company, CreditEase; Instagram co-founder Mike Krieger, the University of ...

Africa Roundup: Local VC funds surge, Naspers ramps up and fintech diversifies

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor Tarform debuted new e-motorcycles but is there a U.S. market? Marieme Diop and Shikoh Gitau to speak at Startup Battlefield Africa Africa’s VC landscape is becoming more African with ...

Hong Kong says it may regulate crypto exchanges

Hong Kong may become the next country to regulate crypto exchanges after its securities regulator announced that it is exploring ways to apply quality control and protect consumers from the volatility and uncertainties of digital currencies. The Securities and Futures Commission (SFC) said it is “setting out a conceptual framework” that could be used to regulate crypto ...

Coinbase is now valued at $7B after closing new $300M round

Crypto exchange Coinbase says it is now valued at over $8 billion after it closed a new $300 million round of funding. The U.S. company said this Series E investment was led by Tiger Global with participation from Y Combinator — via its Continuity fund — in addition to Wellington Management, Andreessen Horowitz and Polychain among ...

The Jay-Z-backed life insurance startup, Ethos, has raised $35 million

Ethos, the startup marketing a new life insurance product for people who probably haven’t really thought about life insurance, may have 99 startup problems but new capital ain’t one. The company just announced that it raised $35 million in a new round of financing. That’s a pretty big number for a company in the normally staid ...

One of crypto’s longest-running exchanges has been sold

One of the longest-standing crypto exchanges has new owners after Europe-based Bitstamp was sold to South Korea’s Nexon, marking the gaming firm’s second such acquisition. The acquirer is NXMH, a Belgium-based PE and investment firm owned by NXC — the parent of Nexon — and it will take a majority 80 percent stake in the business for ...

Silicon Valley’s sovereign wealth problem

John Vrionis Contributor Share on Twitter John Vrionis is the founder of Unusual Ventures. It’s time to bring the conversation about where Silicon Valley gets its money from out into the open. Following recent revelations into Saudi Arabia’s extensive reach and influence in the US technology sector, the willful ignorance that has defined the relationship ...