Venture Capital

500 Startups Changes Name to 500 Global

SAN FRANCISCO — Venture capital firm 500 Startups is changing its name and announced the closing of a $140 million global flagship fund–the firm’s largest fund to date–bringing assets under management to $1.8 billion. The firm has changed its name to 500 Global and is expanding its investment strategy beyond the accelerator and seed stage. […]

Venture Capital

Abra Reels in $55 Million

MOUNTAIN VIEW — Abra, a wealth management platform for cryptocurrency investors, has raised $55 million in Series C funding. The round was led by IGNIA and Blockchain Capital, with new investors including Kingsway Capital, Tiga Investments and the Stellar Development Foundation. Additional investments from existing investors include Lerer Hippeau Ventures, Amex Ventures, Arbor Ventures, RRE […]

Venture Capital

Walking Fish Therapeutics Takes Off With $50 Million Series A

SOUTH SAN FRANCISCO — Walking Fish Therapeutics, a leader in B cell engineering, has closed $50 million in Series A financing— led by investors including Emerson Collective, Illumina Ventures and Quan Capital— to develop B cell therapeutics for oncology, rare disease, regenerative medicine, autoimmune disease, and recombinant antibody production. Walking Fish Therapeutics has made critical advances in developing […]

Venture Capital

Wisetack Inks $45 Million Series B

SAN FRANCISCO — Wisetack, a company that brings buy now, pay later to in-person services like home and auto repair, has landed a $45 million Series B funding round, led by New York-based global private equity and venture capital firm Insight Partners, with existing investors Greylock Partners and Bain Capital Ventures also participating in the […]

Venture Capital

SafelyYou Nabs $19.5 Million Series A

SAN FRANCISCO — SafelyYou, a developer of artificial intelligence-enabled fall detection and prevention for dementia care, announced the close of a $19.5 million Series A financing round led by Eclipse Ventures. They are joined by Founders Fund, as well as existing investors DCVC and Foundation Capital. TSQ Advisors, Pathbreaker Ventures, The House Fund, Swift Ventures, Pacific […]

Venture Capital

Bidgely Loads Up With $26 Million

MOUNTAIN VIEW — Bidgely has closed a $26 million round of strategic financing to bolster its utility electrification and decarbonization innovations deployed around the world. Led by Moore Strategic Ventures (MSV), the round is joined by Accurant International, an investment venture of Bahman Hoveida, co-founder and ex-CEO of Open Systems International. The oversubscribed round also included existing investors, such […]

Venture Capital

Bright Money Launches With $31 Million

SAN FRANCISCO — Bright Money, an artificial intelligence (AI) finance platform powered by its unique MoneyScience algorithm, has secured $31 million in funding from Sequoia Capital India, Falcon Edge Capital and Hummingbird Ventures, alongside investments from prominent angel investors including Ram Shriram (Alphabet board member and founder of Sherpalo Ventures). Bright Money helps Americans take control of […]

News

Rents Continue to Surge Nationwide

SANTA CLARA — The U.S. rental market is booming. Rental prices hit double-digit growth for the first time in two years in August and grew three times faster than in March 2020 (prior to the onset of COVID), according to the Realtor.com Monthly Rental Report. Rents posted double-digit gains over last year in more than half of the 50 largest […]