Snyk snags $150M investment as its valuation surpasses $1B

Snyk, the company that wants to help developers secure their code as part of the development process, announced a $150 million investment today. The company indicated the investment brings its valuation to over $1 billion (although it did not share the exact …

Memphis Meats raised $161 million from SoftBank Group, Norwest and Temasek

Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore…

Amazon’s fresh $1B investment in India is not a big favor, says India trade minister

Indias trade minister isnt impressed with Amazons new $1 billion investment in the country. A day after Amazon chief executive Jeff Bezos announced that his company is pumping in an additional $1 billion into its India operations, making the total local inve…

Roofstock, which makes it easier to buy a home as an investment property, just raised $50 million in new funding

There are plenty of startups that say they’re making it easier to buy a home. There are fewer startups that are promising to make it easier to buy a home as an income-producing property. Among these is Roofstock, a four-year-old, Oakland, Ca.-based online mar…

Britain’s Prince Harry attends Africa conference in London

LONDON (Reuters) – Britain’s Prince Harry attended a summit for leaders of 21 African countries in London hosted by Prime Minister Boris Johnson on Monday. Harry spoke on Sunday of his unhappiness at being forced to give up his royal duties in a deal with Q…

What’s the Most Monogamous Animal?

Animals, we know, typically lack the hang-ups that make human mating so difficult. You wont find a bonobo moping around, stewing in jealousy. Nor will you find a bonobo contentedly fucking his or her bonobo-spouse to the exclusion of all other viable bonobos …

After IPOs and acquisitions, a look at Utah’s biggest venture rounds of 2019

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. This morning we’re dialing into some late-stage venture activity in Utah. Why? Because Utah has become a hotbed of startup activity, yieldi…

Report: ClassPass is hunting for unicorn status in a new funding round

The nearly seven-year-old, New York-based fitness subscription app ClassPass is reportedly trying to raise $285 million in a new funding round that would push its valuation to more than $1 billion. The company will issue 22.7 million Series E shares as part …

St. Louis-based Summersalt raises $17.3 million for its direct-to-consumer clothing line

The midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are invest…

Pachama launches to support global reforestation through carbon markets

The world’s forests are ablaze, under threat from illegal logging, and disappearing due to the less dramatic environmental degradation wrought by drought and other signs of climate change. It’s part of the negative feedback loop that seems to be accelerating…