Collaborative Fund just hired a former top Goldman Sachs investor to do later-stage deals

Collaborative Fund emerged on the scene nearly 10 years ago to fund seed-stage and, as time passed, early-stage startups, many of them in New York, where the firm is based. Apparently, the firm has ambitions to do more later-stage investing, too. It just bro…

Hyundai and Kia put over $110M into UK electric delivery vehicles startup Arrival

Forget the consumer market for electric vehicles. It turns out delivery vehicles could be the Trojan horse for electric to really take off. Korean auto giants Hyundai and Kia put over $110 million in UK startup Arrival, which emerged from relative stealth to…

2019 Africa Roundup: Jumia IPOs, China goes digital, Nigeria becomes fintech capital

2019 brought more global attention to Africa’s tech scene than perhaps any previous year. A high profile IPO, visits by both Jacks (Ma and Dorsey), and big Chinese startup investment energized that. The last 12 months served as a grande finale to 10 years t…

Maxar is selling space robotics company MDA for around $765 million

Satellite industry giant Maxar is selling MDA, its subsidiary focused on space robotics, for $1 billion CAD (around $765.23 million USD), Reuter reports. The purchasing entity is a consortium of companies led by private investment firm Northern Private Capita…

Grab and Singtel team up to apply for a digital full bank license in Singapore

Grab and Singtel, one of the largest telecoms in Singapore, announced today that they are applying for a digital full bank license together. If approved, the license will allow them to offer simple credit and investment products, before progressing to a full-…

Epsagon scores $16M Series A to monitor modern development environments

Epsagon, an Israeli startup that wants to help monitor modern development environments like serverless and containers, announced a $16 million Series A today. U.S. Venture Partners (USVP), a new investor led the round. Previous investors Lightspeed Venture P…

Latin America Roundup: XP’s chart-topping IPO, Wildlife becomes a unicorn, Softbank backs Konfio

December has been a strong month for Brazilian startups, bringing a big IPO and a new unicorn for local companies. Tech-driven investment firm XP Investimentos went public on the US Stock Exchange in mid-December raising $1.81B in the fourth-largest IPO of 20…

Codagenix raises $20 million for a new flu vaccine and other therapies

Coadagenix, a company developing vaccines and viral therapies for illnesses ranging from the flu and respiratory viruses to dengue fever has raised $20 million in a new round of financing. The company’s new investment round was led by Adjuvant Capital with a…

Cyral announces $11M Series A to help protect data in cloud

Cyral, an early stage startup that helps protect data stored in cloud repositories, announced an $11 million Series A today. The company also revealed a previous undisclosed $4.1 million angel investment, making the total $15.1 million. The Series A was led …

The Guild, which turns apartments into short-term rentals, has nabbed $25 million in Series B funding

The Guild, a nearly four-year-old, Austin, Texas-based startup that turns apartments into comfortable short-term accommodations for business and other travelers, has landed $25 million in Series B funding from some of its earlier investors, including Maveron …