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The terrorist attacks by Hamas against Israelis, in particular, were triggering for her, she said. “I understand that there has been a fight between the two for years and years,” said Ms. Lucas, 58. They could not condone terrorist attacks, they said, but sympathized with Palestinians and what they see as the long discrimination they have endured. “There are times when I sit in the middle, because I can see both sides of it,” Janet Lucas said. “And then I also think, is there another way, could the United States or any other country get involved to help them to come to some form of peace?”

Persons: Randy Schmidt, Mr, Schmidt, Trump’s, “, ” Mr, “ It’s, Janet Lucas, ”, Lucas, Michael, ” Janet Lucas Locations: Wisconsin, Lone Rock, Wis, Richland County, Israel, Milwaukee, East, Ukraine, Brookfield, Tampa, Fla, United States

☆ The startup enables investors to buy secondary shares in pre-IPO companies. Check out the 11-slide pitch deck Hiive used to raise $4.2 million.
▼ + stars: | 2023-10-17 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Hiive, a startup that offers a marketplace for secondary shares in private tech companies, has raised $4.2 million in funding. The Vancouver-based company, founded in 2021, enables the purchase and sale of stakes in pre-IPO, venture-backed companies. Hiive, led by Sim Desai, formerly of secondaries broker Setter Capital, wants to provide a marketplace where an array of buyers and sellers can make trades. "We saw this market growing exponentially after 2021 and thought there must be an opportunity to centralize this rapidly growing market," Desai told Insider. Hiive's $4.2 million funding was led by Uncorrelated Ventures, alongside Splash Capital, Harmony Venture Partners, Hack VC, and Agmen Capital.

Persons: Sim Desai, Desai, we've, it's, Hack Organizations: Capital, Splash Capital, Harmony Venture Partners, Agmen Locations: Vancouver

☆ The giant sucking sound you hear is the gobs of capital being pulled away from emerging managers. Here's how one solo capitalist defied the slump.
▼ + stars: | 2023-10-12 | by ( Melia Russell | ) www.businessinsider.com time to read: +6 min

Those who raised their first venture capital funds in the pandemic-era boom times are now struggling with their sophomore efforts. Despite the tailwinds, some emerging managers are defying the slump and raising new funds. He told Insider exclusively that he's now closed on $15 million for fund two from investors including Cendana Capital, Invesco Private Capital, and two dozen startup founders. And so in 2019, he reached into his network of founders and raised a $2 million fund to invest in software companies. Now, he's already gearing up for fund three, which Wan said he plans to launch in 2024.

Persons: Insider's Callum Burroughs, Jordan Wan, Wan, Zocdoc, Oliver Kharraz, it's, Alan Ni, Jake Cooper, Manoj Kanagaraj, Blackstone, Cooper didn't, Cooper, they've, Wolf Organizations: Sequoia, Partners, Cendana, Invesco, Capital, Oscar Insurance, Garner Health Locations: London, Denver , Colorado, Wan

☆ Japanese American prisoner art depicts life in WWII detention camps
▼ + stars: | 2023-10-11 | by ( Jessie Yeung | Emiko Jozuka | ) edition.cnn.com time to read: +9 min

Courtesy Japanese American National MuseumThe detention of Japanese Americans, most of whom were US citizens, was enacted by Franklin Roosevelt via executive order following the attack on Pearl Harbor in 1941. Courtesy Japanese American National MuseumThe artworks, some of which are now showing at the Museum of Modern Art in Wakayama, Japan, also serve to preserve disappearing first-hand memories of the camps. Courtesy Japanese American National MuseumYang added that the collection’s diversity reflects the varied experiences of detainees — perspectives that were overlooked by US officials at the time. The detention of Japanese Americans, Emanuel said, was a “shameful” chapter in American history. Courtesy Japanese American National MuseumSome juggled their art with more pressing responsibilities — like Hibi, who single-handedly raised her two children after her husband’s death by working in a garment factory, all while painting and attending art classes.

Persons: ”, Rahm Emanuel —, Kango Takamura, Franklin Roosevelt, Robert T, Fujioka, “, Alice Yang, Yang, Hisako Hibi, Hibi, ” Yang, Miné, ’, …, Jerome, Fred Korematsu, Henry Sugimoto's, Jerome Camp, Emiko Jozuka, Henry Sugimoto, Douglas MacArthur, Emperor Hirohito, Japan’s, Rahm Emanuel, Emanuel, Tokio, Ann Burroughs, Sugimoto, Sugimoto’s, Henry Fukuhara Organizations: Japan CNN, National Museum, American National Museum, CNN, National, Museum of Modern, University of California, Jerome War, National Museum JANM Locations: Tokyo, Japan, United States, California's Owens, Wakayama, University of California Santa Cruz, California, Utah, Arkansas, Fresno, America

☆ TransactionLink, a fintech startup founded by a former Visa and N26 employee, raised $5.3 million in new funding using this 10-slide pitch deck
▼ + stars: | 2023-10-11 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

TransactionLink, a company founded by a former Visa and N26 staffer, has raised $5.3 million. Founded in 2020, the startup provides automation tools for companies to do new customer onboarding. TransactionLink, a startup that helps businesses automate their customer onboarding, has raised $5.3 million in venture capital funding, the company said Wednesday. Founded in 2020, the Berlin and London-based company provides no-code automation tools for companies to do new customer onboarding and know your customer, or KYC, checks. The startup, founded by former Visa and N26 staffer Mateusz Pniewski, makes it easier for businesses to create complex workflows for new customer onboarding, helping to reduce the cost of requiring a large operations team for similar tasks.

Persons: Mateusz Pniewski Organizations: Visa Locations: Berlin, London

☆ Gutsy, a cybersecurity startup from the founders of Twistlock, just raised a $51 million seed round using this 27-slide pitch deck
▼ + stars: | 2023-10-10 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Gutsy, a cybersecurity startup, has raised $51 million in seed funding, the company said Tuesday. Founded in 2022 and now emerging from stealth, Gutsy wants to help companies solve their issues in the increasingly complicated and overwhelming world of cybersecurity. Based in Baton Rouge, Louisiana, Gutsy's cofounders previously built container security startup Twistlock, which was acquired for $410 million by Palo Alto Networks in 2019. The company provides cloud security tools for businesses to manage their data across auditing, governance, and migration, connected via an API. The company's massive $51 million seed funding round came from YL Ventures, a backer of Twistlock, and venture firm Mayfield, alongside a number of cybersecurity angel investors. "

Persons: John Morello, Gutsy, Gutsy's, Morello, Mayfield Organizations: Palo Alto Networks, YL Ventures Locations: cybersecurity, Baton Rouge , Louisiana

☆ Check out the pitch deck that helped Kennek, a London fintech startup that helps digitize private credit providers, raise $12.5 million in seed funding
▼ + stars: | 2023-10-10 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Kennek, a London fintech startup that helps digitize private credit providers, has raised $12.5 million. Founded in 2021, the company offers a SaaS platform to the non-bank lending space. Kennek, a London-based fintech startup that helps private credit businesses digitize their offerings, has raised $12.5 million in seed funding, the company said Tuesday. Founded in 2021, Kennek was founded by a team of former operators in the banking and credit spaces to provide better digital tooling to the non-bank lending industry. Banks lend less than they used to, which has led to many smaller, alternative credit providers springing up to provide alternatives.

Persons: Kennek, Banks, Xavier De Pauw Locations: London

☆ Latinas lose $1.2 million over their careers as wage gap persists
▼ + stars: | 2023-10-05 | by ( Brandon Gomez | ) www.cnbc.com time to read: +1 min

Latina women working full time, year-round earn 57 cents for every dollar paid to white, non-Hispanic men, according to a data collected by the U.S. Census Bureau and the Bureau of Labor Statistics. That gap in pay translates to a loss of $1,218,000 over a 40-year career. Break that down further and Latinas lose $30,450 in wages per year, or $2,538 every month, compared with the dominant cohort. The gap widens even further to 52 cents for every dollar when part-time and part-year workers are included in the data. "Looking over the course of a career, a Latina woman could never catch up," said Gaylynn Burroughs, NWLC director of workplace equality and senior counsel.

Persons: Gaylynn Burroughs Organizations: U.S . Census, Bureau of Labor Statistics, National Women's Law Locations: Latina

☆ ‘I’ve always made fun of the rules.’ John Waters has only ever been himself
▼ + stars: | 2023-10-04 | by ( Marie Lodi | ) edition.cnn.com time to read: +10 min

“I could keep all the money,” Waters once told culture website Flavorwire of the screenings. During a press preview for the exhibition, Waters revealed that one item he wished they had procured was Divine’s “cheater” — drag terminology for a prosthetic vulva with fake pubic hair. Whether it’s subverting a four-figure tub of moisturizer or Hollywood, Waters has always been true to himself. “I’ve always made fun of the rules of the world that I live in. That’s how you can have fun, by breaking some of them.”One rule Waters isn’t breaking, however, is his daily writing schedule.

Persons: CNN —, John Waters, Jenny He, Dara Jaffe, Greg Gorman, Waters, Glenn Milstead, Mink, Edith Massey, Cookie Mueller, Mary Vivian Pearce, Lawrence Irvine, Prince, Puke, William S, that’s, ”, Kathleen Turner, “, ” Jaffe, Charles White, ” Waters, Marjorie Taylor Greene, That’s, he’s, —, you've, ” Chris Pizzello, thusfar, Divine, Ricki Lake, Traci Turnblad, Traci, Amber Von Tussle’s, Van Smith, Isabelle Huppert — Waters, “ I’ve, There’s Organizations: CNN, Academy Museum Foundation, Hollywood, Academy Museum of Motion Pictures, NYU, Warner Bros, Burroughs, Academy Museum, Wesleyan University, Charles White / Academy Museum Foundation, New York Times, Maybelline Locations: Los Angeles, American, Lutherville , Maryland, Baltimore, Sleaze, LA, Middletown , Connecticut, Cape Cod, Waters, Hollywood, Seattle

☆ Brite Payments, a fintech startup founded by a former Klarna employee, just raised $60 million using this 10-slide pitch deck
▼ + stars: | 2023-10-04 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Fintech startup Brite Payments has raised $60 million in venture capital funding as it looks to scale its European operations. Founded in 2019, the Swedish firm is in the instant bank transfer space, a burgeoning sector of open banking known as account-to-account (A2A) payments. Based in Stockholm, Brite was founded by a former employee at buy-now, pay-later giant Klarna, Lena Hackelöer, and operates in 25 countries leveraging Europe wide open banking regulation, known as PSD2. Its latest capital injection comes from London fund Dawn Capital which led the round alongside Headline and existing investor Incore. You can check out Brite Payment's 10 slide pitch deck below:

Persons: Brite, Lena Hackelöer, Hackelöer Organizations: Dawn Capital Locations: Swedish, Stockholm, Europe, London, Sweden, Malaga, Spain

☆ Europe is minting red hot AI startups like DeepL and Synthesia. Meet 15 of the most prolific investors backing the region's breakout stars.
▼ + stars: | 2023-09-28 | by ( Riddhi Kanetkar | Tasmin Lockwood | Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Meanwhile, Andreessen Horowitz has poured cash into the AI-voice-intelligence startup ElevenLabs and the Nordic AI startup Sloyd. Some of Europe's most prolific AI investors are national funds and startup accelerators. London's Phoenix Court, the parent company of the VC firm LocalGlobe, took the top spot for total investment value — with $713 million poured into AI startups since 2020. MMC Ventures, also in London, followed suit with $628 million in investments in AI startups. Insider has profiled 15 investors at these firms who have spearheaded investments into European AI startups, in no particular order.

Persons: ChatGPT, Andreessen Horowitz, LocalGlobe Organizations: Venture, Lightspeed, New, Nordic, Court, MMC Ventures Locations: French, New York, Europe, London

☆ Apron, a fintech founded by an ex-Revolut staffer, just raised $15 million in a round backed by Index Ventures with this 19-slide pitch deck
▼ + stars: | 2023-09-28 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

Apron, a fintech startup that simplifies invoice payments for small businesses, has raised $15 million in a round led by Revolut-backer Index Ventures. The London-based company, founded in 2022, has developed a payments platform that pulls invoices into one place and enables firms to batch-pay their suppliers. Apron takes fees on associated interchange charges and also offers a three-tier subscription model. The $15 million in funding was led by Index Ventures, alongside Bessemer Venture Partners and Visionaries Club, and follows a $5.5 million seed round from July. Apron's new capital will go towards strengthening its team of 20 employees and doubling down on product and marketing capabilities.

Persons: Bogdan Uzbekov, we've Organizations: Revolut, Ventures, Index Ventures, Bessemer Venture Partners, Club Locations: London, Revolut

☆ French verification startup Ondorse just raised $4 million in a seed round led by Deezer investor Eurazeo with this 12-slide pitch deck
▼ + stars: | 2023-09-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

French verification startup Ondorse has raised $4 million in seed funding from Deezer and Onfido investor Eurazeo. The Paris-based company, founded in 2022, has built an array of tools to help businesses manage their know-your-customer (KYC) workflows. Ondorse effectively leverages the proficiencies of businesses in the compliance space to provide a clearer and quicker view of its processes. Ondorse has raised $4 million in seed funding just nine months after its $2.5 million pre-seed round which was also led by French fund Eurazeo with participation from tech fund ISAI. "We feel we have the right expertise to build this product given the changing regulatory landscape," Boelle said.

Persons: Eurazeo, Ondorse, Alan, I've, Aymeric Boelle, Boelle Locations: Deezer, Paris, Europe, France

☆ German chauffeur services company Blacklane just raised $36 million in fresh funds with this 10-slide pitch deck
▼ + stars: | 2023-09-27 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

German chauffeur services company Blacklane has raised $36 million in a Series F funding round. The Berlin-based firm, founded in 2011, was originally set up to simplify business travel through the creation of a marketplace for chauffeurs. "We could have continued to grow organically with our cash flow but we want to grow faster," he said. Blacklane has brought in the funding as part of a second close of its previously announced Series F round. The fresh funds will go towards deepening the company's existing network of products, particularly in North America, as well as in Dubai where the business has ambitions to offer premium mobility services to users in the city for functions beyond traditional chauffeur services like airport transfer.

Persons: Blacklane, Jens Wohltorf Organizations: chauffeurs, Mercedes Benz Mobility, Gargash Group Locations: Berlin, Dubai, North America

☆ Series, a fintech helping enterprises automate back-office functions, just raised $25 million in fresh funds with this Notion memo
▼ + stars: | 2023-09-26 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Series, a fintech startup that aims to simplify finance and operations management for enterprises, has raised $25 million in fresh funds. The San Francisco-based company, founded in 2021, enables enterprises to handle a vast array of business departments from a single platform. Series' platform allows companies to manage areas including payments operations, business-to-business payments, payroll, HR, and treasury management. Series has raised $25 million across pre-seed and seed funding which it did using a pitch memo in Notion, an increasingly common form of attracting investor attention. Series most recent funding round closed earlier this year and the fresh capital has gone towards hiring as it looks to grow out its 30-strong team.

Persons: Brexton Pham, Kleiner Perkins, Rob Lowe Organizations: Hustle, One Ventures, Caffeinated, Wischoff Ventures Locations: San Francisco, HOF Capital

☆ Mintago helps employers provide better financial support to their staffers. It just raised $4.75 million with this 11-slide pitch deck.
▼ + stars: | 2023-09-25 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

A startup that helps employees manage their financial wellbeing has raised $4.75 million in fresh funds. Mintago also provides financial education programs, online savings tools, plus access to financial advisors and debt counselors. The startup works with businesses like Oddbox, Chilly's, Olio, and Superscript and is regulated by the FCA. Mintago's funding round was led by BlackLion Ventures alongside Love Ventures and Cur8 Capital. The company started the process of raising capital in November 2022, emphasizing its thesis around the combination of fintech and wellbeing, Cao said.

Persons: Mintago, Chieu Cao, Cao Organizations: FCA, BlackLion Ventures, Love Ventures, Cur8 Locations: London

☆ German Airbnb competitor Numa Group raises $59 million in round led by Oatly-backer Verlinvest
▼ + stars: | 2023-09-25 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

German accommodation booking platform Numa Group has raised $59 million in fresh funds. Oatly and Vita Coco investor Verlinvest led the Series C round. Numa plans to use the new capital to fund its European expansion. German Airbnb competitor Numa Group has raised $59 million in a round led by Oatly and Vita Coco investor Verlinvest. Numa lists over 4,500 rooms and apartments across 28 European cities, such as Madrid, Berlin, and Rome, on its platform.

Persons: Vita Coco, Verlinvest, Numa Organizations: Oatly Locations: Berlin, Madrid, Rome

☆ Silicon Valley fund Bessemer Venture Partners expands European investment team with hire of ex-SoftBank VP
▼ + stars: | 2023-09-22 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Silicon Valley fund Bessemer Venture Partners has expanded its European investment team with the hire of former SoftBank vice president Justina Chung. Chung has joined Bessemer's London office, which is led by partner Alex Ferrara who opened the fund's European operations in 2020. Bessemer made its first European investment in 2004 and has continued to back startups in the region, including German fintechs Upvest and Mambu as well as British neobank Zopa. Chung was a vice president at SoftBank's Vision Fund, where she served on the boards of temp staffing agency Jobandtalent and second-hand designer fashion marketplace Vestiaire Collective. "It's clear that great founders begin their journey here, in Tallinn or Stockholm, London, Paris or Berlin," Chung, who is now a vice president at Bessemer, told Insider.

Persons: Justina Chung, Chung, Alex Ferrara, Bessemer, Jobandtalent, Goldman Sachs Organizations: Bessemer Venture Partners, LinkedIn, Bessemer's London, SoftBank's Vision, Sorare, SoftBank, Credit Suisse, Bessemer, US Locations: San Francisco, Tallinn, Stockholm, London, Paris, Berlin, Europe, Mistral

☆ Cybersecurity startup Legit Security just raised $40 million in a Series B round led by CRV with this 12-slide pitch deck
▼ + stars: | 2023-09-20 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Cybersecurity startup Legit Security has raised $40 million in a round led by Airtable and DoorDash-backer CRV. The Palo Alto-based company has developed a platform that enables companies to spot vulnerabilities in their software supply chain. The startup provides companies with visibility over the delivery of software applications from initial code onwards. The $40 million Series B was led by CRV with participation from existing investors Cyberstarts, Bessemer Venture Partners, and TCV. Legit said developers were increasingly using AI-generated code but that they also introduced a "rapidly expanding class of new security threats."

Persons: Airtable, CRV, Kraft Heinz, Roni Fuchs, " Fuchs, Fuchs Organizations: Google, New York Stock Exchange, Fortune, CRV, Bessemer Venture Partners

☆ 'No one can blame you for backing Sequoia': It's a rough time to be raising as a solo venture capitalist in Europe
▼ + stars: | 2023-09-19 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +5 min

Europe, often a few years behind when it comes to startup trends, is also starting to produce its own solo GPs. After a record-breaking 2021, bigger VC funds in Europe have generally found it more challenging to raise their next funds. Lots of fund managers speak to everyone and waste lots of time going over unqualified leads," she said. In short, knowing who to pitch for investment is crucial when looking to raise funds. One advantage for solo funds in Europe is that smaller funds — often $15 million to $20 million — are easier to return than larger funds, said David Cruz e Silva, an angel investor and LP in smaller VC funds through EU.VC.

Persons: Gloria Baeuerlein's, Robin, Robin Capital, Sarah Drinkwater's, Harry Stebbings, Annelie Ajami, there's, VCs, Ramzi Rafih, Rafih, Carolina Huaranca, Joe Schorge, Masha Butler, Sam Altman's, Butler, David Cruz e Silva, Ajami Organizations: Ventures, London, KKR, Silver, Close, Sequoia, Day One Ventures Locations: America, Sand, Europe, profligacy, Dubai, Carolina, San Francisco, Swiss, London, EU.VC

☆ Getir emerged as a tentative winner in Europe's pandemic-fueled rapid-delivery sector. But it still faces sizable threats.
▼ + stars: | 2023-09-18 | by ( Riddhi Kanetkar | Callum Burroughs | ) www.businessinsider.com time to read: +8 min

In March 2022, Nazım Salur invited thousands of Getir employees to a Zoom meeting to celebrate its newfound "decacorn" status. However, as soaring inflation and rising interest rates began to hobble the tech sector, investors became far less forgiving of businesses that had oriented themselves more toward growth than sustainability. In December 2021, The Guardian reported that Getir had offered customers a deal where they could get £15 off if they spent £16. About 21 rapid-delivery startups were operating across Europe in 2021, with Getir joined by the German outfits Gorillas and Flink, as well as the British startup Zapp. Getir tentatively emerged as the winner in the rapid-delivery sector when it bought its main competitor, Gorillas , in a heavily discounted deal for $1.2 billion in December.

Persons: Nazım Salur, Nazım, Getir, Blok, London's, Alexi Rosenfeld, they've, Adam Neumann, Michael Moritz Organizations: Tiger Global, Mubadala, Financial Times, Getir, TechCrunch, Guardian, DST Global, Gorillas, Abu Dhabi Growth Fund, Google, PayPal Locations: Spanish, Berlin, Turkey, Turkish, Germany, Netherlands, Istanbul, Turkey's, Europe, British, Abu Dhabi

☆ How He Survived 13 Days: Cavalcante on the Run in Pennsylvania
▼ + stars: | 2023-09-16 | by ( Nicholas Bogel-Burroughs | More About Nicholas Bogel-Burroughs | ) www.nytimes.com time to read: 1 min

They thought they had him cornered. Danelo Cavalcante, facing life in prison for murder, had shimmied his way out of the Chester County jail on Aug. 31 and was on the run in exurbs of eastern Pennsylvania. Local and state police set up a perimeter around the expanse where they suspected Mr. Cavalcante was hiding out. It might take a while, but they had him penned in, they thought. Just before midnight the next day, Mr. Cavalcante broke into a house, apparently in search of provisions.

Persons: Danelo, Cavalcante, Ryan Drummond Organizations: Pennsylvania . Local Locations: Chester County, exurbs, Pennsylvania

☆ Here's the 14-slide pitch deck Deft, an AI-powered search engine for e-commerce, used to raise $1.8 million in a round backed by Jason Calacanis
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Deft, an AI-powered search engine startup for e-commerce, has emerged from stealth with a $1.8 million funding round. "Google and Amazon continue to push the most relevant searches down so they can make more money and marketers have figured out how to bump up results using SEO," Zach Hudson, Deft cofounder and CEO, told Insider. The rise of AI following the launch of OpenAI's ChatGPT 3 last year led to increased pressure to launch for Deft, Hudson added. Deft is emerging from stealth with its product after raising $1.8 million in funding at the beginning of 2022. The company's funding round comes from Hustle Fund, Frontier VC, Vitalize, Long Ecommerce Ventures, 43 Ventures, Launch, and angel investor Jason Calacanis alongside a variety of founders.

Persons: Alex Gunnarson, Zach Hudson, Hudson, Long, Jason Calacanis, I've Organizations: Google, Hustle Fund, Frontier, Long Ecommerce Ventures, Ventures

☆ HyperJar, a British fintech that offers digital wallets to users, just raised $24 million in funding with this 15-slide pitch deck
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

HyperJar, a fintech startup that offers digital wallets and B2B spending tech, has raised $24 million in funding. Founded in 2016, HyperJar is best known for its digital wallets and spending tech via its app, where users can track their finances, put money into savings pots, and earn rewards. "For the first time, we can really proactively market and grow our B2C offering which is HyperJar but also we have a very successful platform which can be made much more successful," Rob Rooney, HyperJar CEO, told Insider in an interview. "The critical part is building out that and our operating system which is an enterprise version for B2B purposes." The startup's funding comes from Susquehanna Private Equity Investments and the Healthcare of Ontario Pension Plan.

Persons: HyperJar, Rob Rooney, Rooney Organizations: North America, Susquehanna Private Equity Investments, Healthcare, Ontario Locations: Europe, North

☆ Treasury management startup Fipto just raised $16 million in a round led by Serena Williams-backed Serena Ventures with this 13-slide pitch deck
▼ + stars: | 2023-09-14 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +1 min

French treasury management startup Fipto has raised $16 million in a seed round led by Serena Williams' venture capital fund. Paris-based Fipto uses blockchain technology to help speed up payments in both fiat and digital currencies for businesses. Treasury management is about managing and planning for an organization's financial needs, often by putting available cash to work elsewhere but international payments can often take time to settle - adding complexity to the role. Founded in 2022, Fipto's seed funding round was led by Serena Ventures and Motier Ventures. The company started raising funding late year and closed the round in April with Fipto benefitting from increased investor interest in the treasury management sector, Mollard added.

Persons: Serena Williams, Patrick Mollard, Mollard, Fipto Organizations: Treasury, Serena Ventures, Motier Ventures Locations: Paris, Europe

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