Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Lightspeed Venture Partner"


9 mentions found


One of Amplitude’s largest shareholders when the data-analytics firm went public was Sequoia Capital. Venture-capital firms are jumping into the stock market, buying up battered shares in publicly traded tech companies at a time when they are investing less in the startups that have long been their focus. Some major venture firms including Accel and Lightspeed Venture Partners have purchased more stocks of companies they first backed as startups this year, defying the industry norm of selling those shares soon after public listings.
Representations of cryptocurrency Bitcoin, Ethereum and Dash plunge into water in this illustration taken, May 23, 2022. REUTERS/Dado Ruvic/File PhotoSINGAPORE, Oct 12 (Reuters) - Blockchain.com, a cryptocurrency exchange backed by investors including Lightspeed Venture Partners, said on Wednesday it had received approval from Singapore's central bank to offer payment services in the city-state. The announcement came a day after crypto giant, Coinbase, said it had also received the same approval. This brings the number of crypto companies allowed to operate in Singapore to 18, out of the roughly 180 firms who have applied for a crypto payments licence since 2020. Blockchain.com, which was valued at $14 billion in March, said in a statement that it views Singapore as an attractive location to grow its institutional customers and team.
Stable Diffusion text-to-image model creator Stability AI has closed a massive financing round. Stable Diffusion is among a number of hyper-popular models like OpenAI's DALL-E 2. Stability AI, the creators of the hyper-popular text-to-image generator Stable Diffusion, has closed a new funding round that values the company at $1 billion, multiple sources familiar with the deal tell Insider. Founded in 2020, London-based Stability AI quickly became a household name in AI with the public release of Stable Diffusion in August 2022. For the time being, however, Stability AI is a young startup with a yet-unproven business plan.
Insider asked more than 40 investors to identify top up-and-coming fintechs. Investors nominated startups both inside and outside of their own portfolios. Insider surveyed 43 investors — including those from Bain Capital Ventures, Lightspeed Venture Partners, and QED Investors — about the most promising fintechs to watch. Startups that were nominated included a mix of investors' portfolio companies and ones they have no financial interest in. As was the case last year, the majority of those nominated work with other businesses, not individual consumers.
TripActions, which was last valued at $7.25 billion, aims to modernize business travel. Founded in 2015 by Ariel Cohen and Ilan Twig, the Palo Alto-based company helps businesses manage travel, company cards and expenses for employees. At the time, Cohen said TripActions had originally planned to go public this year but delayed those plans when the market went south. TripActions raised $275 million in series F funding last fall at a $7.25 billion valuation in a deal led by Greenoaks. Andreessen Horowitz first invested in TripActions in 2018, when it led the company's series C funding round at a $1.1 billion valuation.
Investors nominated startups both inside and outside of their own portfolios. Check out the 61 startups identified as the most promising fintechs. Startups that were nominated included a mix of investors' portfolio companies and ones they have no financial interest in. In total, 61 startups that haven't raised beyond a Series B round were identified. Many investors noted B2B startups are one of the biggest bright spots in the sector as businesses and financial institutions continue to streamline their processes and cut costs where they can.
In January last year, the retailer said it was pursuing a partnership with venture-capital firm Ribbit Capital, which backed Robinhood. The next month, Walmart lured Omer Ismail and David Stark, two executives from Goldman Sachs' Marcus, over to work on a fintech initiative. Insider's Ann Gehan, Carter Johnson, and Ben Tobin have identified the key people shaping this effort at its fintech called ONE. Done deals :Acrisure, a fintech company that operates an insurance broker and real-estate services company, has acquired B2Z Insurance. Aditxt, a biotech company developing tech around monitoring the immune system, raised $20 million after selling 3.33 million shares on Nasdaq.
Insider asked more than 40 top fintech investors to nominate the most promising fintechs. Here are the 61 most promising fintechs. Insider surveyed 43 investors — including those from Bain Capital Ventures, Lightspeed Venture Partners, and QED Investors — about the most promising fintechs to watch. Global fintech funding dropped to $20.4 billion in the second quarter, falling 46% from last year, according to data from CB Insights. Check out the 61 fintechs identified as most promising by top investors.
Israeli healthcare startup Theranica just raised a $25 million Series C round. Theranica, an Israel-based startup developing treatments for pain management, raised a $45 million series C funding round last month. Theranica makes Nerivio, a device placed on the arm that treats migraines through electrical stimulation without needing to use drugs. The company raised a $6 million series A round in 2017 and a $35 million series B round in 2019. Here is the 22-slide presentation Theranica used to raise its $45 million Series C round.
Total: 9