Work Life Ventures raises $5M for debut enterprise SaaS seed fund

Brianne Kimmel had no trouble transitioning from angel investor to general partner. Initially setting out to garner $3 million in capital commitments, Kimmel, in just two weeks’ time, closed on $5 million for her debut venture capital fund Work Life Ventures. The enterprise SaaS-focused vehicle boasts an impressive roster of limited partners, too, including the […]

Social Capital reincarnated

Nine months ago, the once high-flying venture capital fund Social Capital made the bold decision to stop accepting outside capital and operate as a family office, in essence. The co-founder of the outfit, brazen billionaire and early Facebook executive Chamath Palihapitiya, pledged to upend his investment strategy and make fewer but much larger investments as […]

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new exchange-traded fund (ETF) product focused on the […]

WTF is Baillie Gifford?

The SoftBank Vision Fund has been screaming from the venture headlines the last few months, driven by eye-popping rounds (and valuations!) into some of the most notable startups around the world. Yet, SoftBank isn’t the only player rapidly buying up the cap tables of top startups. Indeed, another firm, more than a century old, has […]

Indonesia-focused Intudo Ventures raises new $50M fund

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia but a key differentiator is that it is solely focused on Indonesia, which is the world’s fourth most populated country […]

Private equity buyouts have become viable exit options — even for early-stage startups

Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor Full autonomy is years away, but here’s what’s next on autonomy’s wild ride From the distributed workforce to the partnered economy […]

Chipmaker Renesas goes deeper into autonomous vehicles with $6.7B acquisition

Japan-based semiconductor firm Renesas — one of the world’s largest supplier of chips for the automotive industry — is scooping up U.S. chip company IDT in a $6.7 billion deal that increases its focus on self-driving technology. Renesas produces microprocessor and circuits that power devices, and automotive is its core focus. It is second only to NXP […]

Skyline AI raises $18M Series A for its machine learning-based real estate investment tech

Skyline AI founders Iri Amirav, Or Hiltch, Guy Zipori and Amir Leitersdorf A mere four months after coming out of stealth mode with $3 million in seed funding, real estate investment startup Skyline AI announced that it has raised an $18 million Series A. The round was led by Sequoia Capital, a returning investor, and […]

Rally Road lets you buy and sell equity shares in classic cars

Want to put your money in something like a 1955 Porsche or 1985 Ferrari but don’t have hundreds of thousands of dollars to spend? Meet Rally Road. The New York-based startup lets investors buy a real equity stake in a classic car for as little as $50. The company just closed a $2.9M seed round […]

Trocafone raises $15 million to expand its used electronics marketplace in emerging markets

 Trocafone, the online marketplace for used electronics, has raised $15 million in new financing to expand its reach beyond Brazil and Argentina into other emerging markets. The company, which raised $7 million in a previous round of financing last year, said the new money came from Callfort, MIT Castor Ventures Fund, FJ Labs, Rocketship, Mercado […]