Brazil’s new fintech startup Cora raised $10 million on the strength of its founding team

It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor Senra and Leo Mendes had worked together before — founding their first online payments company, MOIP, in 2005. That company sold to WireCard […]

How to build or invest in a startup without paying capital gains tax

Peyton Carr Contributor Peyton Carr is a Financial Adviser to founders, entrepreneurs and their families, helping them with planning and investing. He is a Managing Director of Keystone Global Partners. More posts by this contributor Make a personal plan for your exit or IPO Founders, entrepreneurs, and tech executives in the know realize they may […]

The Urban.Us and BMW Mini accelerator focused on urban innovation names its latest cohort

URBAN-X, the accelerator program focused on companies developing technologies to increase the sustainability, resiliency and efficiency of cities, has selected seven companies for its latest cohort. Operating as a partnership between BMW’s Mini brand and the early-stage investment fund Urban.Us since 2017, the accelerator has backed 51 companies, which have raised more than $100 million […]

GitGuardian raises $12M to help developers write more secure code and ‘fix’ GitHub leaks

Data breaches that could cause millions of dollars in potential damages have been the bane of the life of many a company. What’s required is a great deal of real-time monitoring. The problem is that this world has become incredibly complex. A SANS Institute survey found half of company data breaches were the result of […]

Korean e-commerce leader Coupang hires Alberto Fornaro as its new chief financial officer

Korean e-commerce giant Coupang has a new chief financial officer. The company announced today that it has hired Alberto Fornaro, who previously served the same role at International Gaming Technology (IGT PLC), the multinational gaming machine company. Fornaro succeeds Richard Song, who joined Coupang in 2011 and is retiring. Coupang is Korea’s largest e-commerce platform. […]

Dataiku is now worth $1.4 billion following secondary round

Enterprise AI company Dataiku has announced some changes in its capitalization table. CapitalG (formerly Google Capital), Alphabet’s growth equity investment fund, is investing in the startup by buying out some of Serena Capital’s shares. Serena Capital has been an investor in Dataiku since 2014. “Serena was looking for a bit of liquidity. They invested in […]

Flow raises $37M to simplify international e-commerce

Flow, a startup that helps brands and retailers build a cross-border e-commerce business, has raised $37 million in Series B funding. CEO Rob Keve said that thanks to the magic of social media and digital marketing, many direct-to-consumer brands are reaching consumers around the world. However, the actual shopping experience for those consumers often leaves […]

Prolific wants to challenge Amazon’s Mechanical Turk in the online research space

Prolific, a U.K.-based startup that wants to make it easier to conduct online research, has raised $1.2 million in seed funding. The round is co-led by Silicon Valley-based Pioneer Fund, and Altair Capital, with support from various angel investors based in the Bay Area. Prolific is also a graduate of Y Combinator and presented at […]

Otta picks up £850,000 seed to match you to relevant jobs

Otta, one of the latest startups aiming to fix what it sees as a broken job search and recruitment market, has picked up £850,000 in seed funding. Backing the young London company is LocalGlobe, along with a number of U.K. angel investors and founders. The latter includes Paul Forster (co-founder of Indeed), Shakil Khan (an […]

Setting politics aside, Sequoia raises $3.4 billion for US and China investments

Noted Silicon Valley venture capital fund Sequoia Capital has raised nearly $1 billion for later-stage U.S. investments and roughly $2.4 billion for venture and growth deals in China, according to paperwork filed with the U.S. Securities and Exchange Commission on Tuesday. The firm, famous for its investments in U.S. companies like Google, Instagram, Dropbox, LinkedIn, […]