• Greycroft raises $250M for its fifth early-stage fund

    30 days ago - By TechCrunch

    Greycroft , the venture capital firm that's backed companies like the Huffington Post, Plated and Venmo, is announcing that it has raised $250 million for its latest fund.
    The firm was founded in 2006 by Alan Patricof, Ian Sigalow and Dana Settle, and it now invests from a fund for seed and Series A deals and a separate fund focused on growth investments. Recent bets include scooter startup Bird and podcast network Wondery .
    Sigalow told me that for the most part, the firm's strategy isn't changing, though it has adapted to what he called “the rise of the institutional seed round” by...
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  • Light raises $121M led by SoftBank as it prepares to bring its camera tech to smartphones

    30 days ago - By TechCrunch

    Camera technology company Light is the latest to do the money dance with SoftBank's massive Vision Fund after it raised a $121 million Series D round.
    The funding round was led by Vision Fund, the near-$100 billion fund anchored by SoftBank, with participation from consumer camera giant Leica Camera AG.
    Light is best known for its futuristic camera technology and shooters. The company first introduced the $1,950 L16 camera back in 2015, which then began shipping in 2017. The camera uses 16 lenses to capture 52 megapixel imagery which produces impressive results. Perhaps most notably, the...
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  • Alternative To Lidar? Startup Light Raises $121M From SoftBank, Leica To Expand To Self-Driving Cars

    30 days ago - By Forbes

    Imaging startup Light raises $121 million from Softbank Vision Fund and Leica Camera to expand into phones, robots and self-driving vehicles.
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  • A company that makes a crazy camera with 16 lenses just got $121 million from SoftBank to build eyes for self-driving cars

    A company that makes a crazy camera with 16 lenses just got $121 million from SoftBank to build eyes for self-driving cars

    30 days ago - By Business Insider

    Light, a Palo Alto-based company that makes a 16-lens camera, just raised a whopping $121 million from investors led by SoftBank's Vision Fund.
    Light's CEO tells Business Insider that the company is moving aggressively into autonomous vehicles, encouraged by Masa Son.
    The company also plans to use its technology in smartphones that have as many as 9 cameras on the back.
    You might not be able to see what a wild-looking $2,000 specialty camera for enthusiasts has in common with robot cars, but Softbank founder Masa Son does.
    That's a big reason why Light, a Palo Alto-based startup that makes...
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  • Bitcoin may be down 45% this year, but money is pouring into one crypto fund at the fastest clip in its history

    Bitcoin may be down 45% this year, but money is pouring into one crypto fund at the fastest clip in its history

    30 days ago - By Business Insider

    Grayscale Investments put out its first Digital Asset Investment report, showing record-breaking stats for its business.
    The firm raised $250 million in new assets during the first six months of the year, the strongest pace of inflows ever for such a period.
    Bitcoin is trading down more than 45% since the beginning of the year, and the market for digital currencies has shed billions.
    But for one crypto investor, this bearish backdrop has been coupled with a spike in investor interest.
    Grayscale Investments, a subsidiary of Barry Silbert's Digital Currency Group - which launched in 2013...
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  • The Ken raises $1.5M to grow its subscription journalism business in India

    The Ken raises $1.5M to grow its subscription journalism business in India

    30 days ago - By TechCrunch

    The Ken , a subscription news startup from India, is moving through the gears after it raised $1.5 million in fresh funding to build out its media business.
    We first profiled the company in March 2017 and now, nearly 18 months later, the startup has raised its Series A round led by Omidyar Networks, which has invested in new media companies such as Rappler in the Philippines. Other investors included Yuj Kutumb, the Family Foundation headed by Xander Group founder Sid Yog, and existing and new angel investors.
    Rohin Dharmakumar, co-founder and CEO of The Ken, told TechCrunch that the...
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  • India's online ticketing portal BookMyShow raises $100 million funding

    30 days ago - By Reuters

    Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.
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  • India's online ticketing portal BookMyShow raises $100 million funding

    30 days ago - By Reuters

    Bigtree Entertainment Pvt Ltd, owner of online movie and events ticketing portal BookMyShow, on Wednesday said it has raised $100 million in its latest round of funding from a group of investors.
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