Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange. This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls. […]
Back in January, Sequoia India announced plans for its first early-stage startup accelerator program in India and Southeast Asia, and today the firm announced its first cohort of 17 startups. To recap, the program — which is called Surge — gives each startup a $1.5 million check and participation in a four-month program that’s split […]
The round values Pilot at $355 million.
Over the past half a decade, the tidal wave of niche brands delivering new kinds of products to consumers and doing so online has changed the retail and CPG landscapes forever.
Pete Curley and Garret Heaton, who previously co-founded team chat app HipChat and sold it to Atlassian, are officially launching their new product Swoot today. The app makes it easy for users to recommend podcasts and see what their friends are listening to. This might seem like a big leap from selling enterprise software — and […]
Fuzzbuzz, a graduate of the most recent Y Combinator class, got the kind of news every early-stage startup wants to hear when it landed a $2.7 million seed round to help deliver a special class of automated software testing known as fuzzing in the form of a cloud service. Fuel Capital led the round. Homebrew […]
A group of investors has launched a new blockchain-focused VC fund worth $50 million, aiming to bring the technology to the masses.