Tag: series B
The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others
Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and an officer and…
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Like the US, a two-tier venture capital market is emerging in Latin America
Earlier this week, The Exchange wrote about the early-stage venture capital market, with the goal of understanding how some startups are raising more seed capital before they work on their Series A, while other startups are seemingly raising their first lettered round while in the nascent stages of scaling. The…
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Battery Resourcers raises $20M to commercialize its recycling-plus-manufacturing operations
Equipment at Battery Resourcers’ new cathode sintering and analysis facility in Novi, Michigan. (Photo: Battery Resourcers) As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected to come…
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African fintech startup Chipper Cash raises $30M backed by Jeff Bezos
African cross-border fintech startup Chipper Cash has raised a $30 million Series B funding round led by Ribbit Capital with participation of Bezos Expeditions — the personal VC fund of Amazon CEO Jeff Bezos. Chipper Cash was founded in San Francisco in 2018 by Ugandan Ham Serunjogi and Ghanaian Maijid Moujaled. The company…
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Anti-phishing startup Inky raises $20M to ramp up enterprise adoption
Anti-phishing startup Inky has raised $20 million in its Series B round of funding, led by Insight Partners . The funding will help the company push for greater enterprise adoption and expand to international markets including Europe, Asia and Latin America. Inky started out a decade ago with a bold…
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Giving brewers a tech to make beer from any plant starch, Province Brands raises $1.6M
There’s a potential climate-related crisis brewing in the beer industry and Province Brands has just raised $1.6 million for its technology that purports to be a solution. The Canadian company, which has developed a way to make beer from any plant material, is pitching itself as a solution to the…
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