ECONOMY
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STARTUPS
Standard Cognition lands $35M at $535M valuation to battle Amazon Go
EQT Ventures, Initialized Capital, CRV and Y Combinator have fueled Standard Cognition with another $35 million to help retailers battle…
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STARTUPS
WeWork accelerates IPO plans, plots September listing
WeWork chief executive officer Adam Neumann is already rich, but soon all of the early employees and investors of the…
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Finance
Flybits nabs $35M to build consumer recommendation engines for the financial sector
Financial service companies like banks have seen some of their business cannibalised over the years with the rise of digital-based…
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Finance
PayU, Naspers’ global fintech firm, enters Southeast Asia with acquisition of Red Dot Payment
PayU, the Naspers owned fintech firm that specializes in emerging markets, is broadening its global reach into Southeast Asia after…
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STARTUPS
From seed to Series A: Scaling a startup in Latin America today
Nathan Lustig Contributor Nathan Lustig is an entrepreneur and managing partner at Magma Partners, a seed-stage investment fund in Santiago,…
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Laundrapp and Zipjet merge to form largest on-demand laundry service in UK, seal new funding
Two of Europe’s biggest on-demand laundry startups are merging today. Laundrapp from London and Zipjet from Berlin are confirming the…
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Finance
Warburg Pincus announces new $4.25 billion fund for China and Southeast Asia
Warburg Pincus, the private equity fund with over $60 billion under management, is doubling down on Asia after it announced…
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STARTUPS
Lifestyle goods resale marketplace StockX raises $110M, pushing valuation past $1B
Detroit-based StockX, which provides a way for people to resell luxury and lifestyle goods including streetwear, bags, watches and shoes,…
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Join raises $4M seed round to build a better construction planning platform
Startup Join wants to modernize the back office for an industry that’s everywhere, but maybe not top of mind, especially…
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