Weekly startups: mixed messages from investment capital

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Welcome to Startups Weekly – Your weekly extract of all you cannot miss from the starting world of companies. Do you want it in your inbox every Friday? Subscribe here.

This week brought us mixed messages. Submit fresh public subscription, but a dark look at exits in general. New financing rounds, but the founders were frustrated due to a lack of capital. In the midst of everything, some VCS still find ways to create liquidity and raise funding for more times.

The most interesting startup stories of the week

Dylan Field, co -founder and CEO of Figma Inc. speaks. During a television interview at Bloomberg Technology in San Francisco, California, in the United States, on Thursday, June 24, 2021. Figma software design brought new financing with a rate of 10 billion dollars, as it collected its price since last year. Photographer: David Paul Morris/Bloomberg via Getti Irch
Image credits:David Paul Morris / Bloomberg / Getty Em.

Within a week of contradictions, startups showed confidence and insecurity, and even the founders for the second time did not save from the struggles.

Without fear or notFigma Design Program Company She submitted her secret papers for public subscriptionIgnoring the concerns that made both Clarna and Stumbhub plan to subscribe plans this month after the collapse of the securities market resulting from customs tariff ads.

Figma, however, is not anxious: I have been sent Stopping letter to stop To “competitive coding”, quickly competing for the term “Dev”.

frustratedUK founders expressed his frustration with The widening gap Between the financing gathered by British startups and the peers of the Silicon Valley. According to Dealroom, British startups raised only 16.2 billion pounds (about 21.5 billion dollars) last year compared to $ 73.8 billion (65 billion pounds) that were raised in the United States

smashing: Smashing, the self -powered reading activation app that was launched last June by the founder of goodreads otis Chandler, close Because of the disappointing growth.

hanging: Blusmart, an Indian Uber competitor using EVS, It seems to be the suspended service A day after the launch of the Securities and Stock Exchange Council in India, an investigation into Gensol Engineering, which shares its founders.

behindOne month after his role was re -spent as CEO of Bolt, Ryan Brisslo A new “Super App” detection This reflects his vision of Fintech he founded in 2014.

Investigation: Rippling efforts to serve the CEO of Del Alex Boziz It has been dramatically disabled Through the fact that he and his lawyer are now in the United Arab Emirates, he learned Techcrunch. But the company does not give up and it is also He paid for the revolution to reveal the alleged payment of Del spy.

Back winds: Openai is According to what is reported to buy Windsurf for $ 3 billion. The startup company was previously known as Codeium, which is competing with the famous artificial intelligence coding assistant with the index and the like.

The most interesting VC news and funding news this week

Marshmallow Billboard
Image credits:Majestin (Opens in a new window) Under a license.

This week, the financing news that hints in better days, with increased assessments and money that may not be the exception.

Growth: Marshmallow, the start of the British insurance, A collection of $ 90 million in stocks and debts The evaluation is just higher than 2 billion dollars. Focusing on customers who were left by traditional insurance companies, it includes one million insured drivers and the rate of increased profitable annual revenues amounted to $ 500 million.

Hummer’s victory: HammersPace, a company that helps customers like Meta to use their non -structured data, She raised $ 100 million of financing to expand her business. The evaluation is above $ 500 million, according to the sources.

New chapter: The chapter, an emerging consultant medical care company participated in its establishment, former Republican presidential candidate Vivek Ramaswami, I collected a $ 75 million financing round Rating $ 1.5 billion.

The parties of the fakeAustin, Phantom Neuro, based in Texas Rapid 19 million dollars To finance the next stage of the development of its product, a device that resembles a wrist under the ends that allows to combat the artificial limbs.

flexible: Coniferous, starting its electrical engines that do not require rare ground elements, I got a seed tour of $ 20 million From deep technology investors.

Sunny days: Arnergy, an emerging company in the field of clean technology supported by Bill Gates’s Breakthrough Energy projects, closed Extending 15 million dollars in a chain b To expand access to solar energy in Nigeria.

Climb: The Better Thil Institutional Fund has completed the third growth box. The closure of $ 4.6 billion, it is a A big step from the previous growth fund of $ 3.4 billion – Which can be another sign that the market has moved from landing to climb again.

Last but not least

Hans Swildns of Industry Ventures
Image credits:Industry projects

VCS needs liquidity, and they often know how to find them even when there are no subscriptions on the horizon. In the latest episode of STRICTLYVC, Swildens, CEO of Industry Ventures, collapsed, The way companies transfer this issue.



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