Venture Capital News


Chat app Kakao’s games business lands $130M from Tencent and others ahead of IPO

Chat app Kakao’s games business lands $130M from Tencent and others ahead of IPO

Korea’s dominant messaging firm Kakao is back raising funds after its games business, a standalone unit that is headed for an IPO, pulled in $130 million (140 billion KRW) from Tencent and a range of other strategic investors.
Go-Jek confirms $150m investment by Astra, ‘substantial’ funding by GDN

Go-Jek confirms $150m investment by Astra, ‘substantial’ funding by GDN

Indonesian ride-hailing firm Go-Jek confirmed on Monday that it has secured a $150-million funding from local conglomerate Astra International as well as an undisclosed amount of financing from investment firm Global Digital Niaga (GDN) as part of its latest funding round.
E-Leather Raises £70M in Funding

E-Leather Raises £70M in Funding

E-Leather, a Peterborough, UK-based global leader in patented high-tech materials technology, raised £70M in funding. The round was led by ETF Partners in partnership with funds managed by Hermes GPE. The company will use the funds to invest in a state-of-the-art facility to meet demand from a range of sectors, from aviation and transport through to consumer sectors.
HOMEUSAOWL RAISES $18M IN SERIES A FUNDING ROUND Owl Raises $18M in Series A Funding Round

HOMEUSAOWL RAISES $18M IN SERIES A FUNDING ROUND Owl Raises $18M in Series A Funding Round

Owl, a Palo Alto, CA-based developer of a security camera for cars, raised $18M in Series A funding round. Backers included defy.vc, Khosla Ventures, Menlo Ventures, Sherpa Capital, Moment Ventures, Maniv Mobility, and CSAA Insurance Group.
Lightelligence aims to accelerate AI workloads to light speed

Lightelligence aims to accelerate AI workloads to light speed

Boston-based startup Lightelligence has just landed $10 million in seed funding as it bids to accelerate artificial intelligence workloads with a new technology based on light. The round was led by Baidu Venture and a consortium of U.S. semiconductor executives. The company’s approach is to speed up information processing through the use of a nascent technology called photonic circuits, which are a more efficient alternative to electronic circuits, using photons rather than electrons to do the computing.
Joby Aviation Secures $100M in Series B Funding

Joby Aviation Secures $100M in Series B Funding

Joby Aviation, a Santa Cruz, CA-based maker of an all-electric vertical take-off and landing (eVTOL) passenger aircraft, secured $100M in Series B financing.
Bryce Roberts and Tim O’Reilly: VCs that help startups raise revenues, not rounds

Bryce Roberts and Tim O’Reilly: VCs that help startups raise revenues, not rounds

Inan age of bloated venture capital funds and startups that are long on valuations and short on profit models, investor Bryce Roberts and media entrepreneur Tim O’Reilly are getting back to basics.


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