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  • December 6, 2021
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Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A. The latest round was led by Valar Ventures, with participation from Kleiner Perkins; Foundation Capital; Jim Breyer, the founder of Breyer Capital; Creative Artists Agency founder Michael Ovitz; […]
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  • December 6, 2021
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Hometap, a startup that offers people a way to borrow against the equity in their homes without taking out loans, has raised $60 million in new funding. American Family Ventures led the investment, which brings Hometap’s total operating capital raised since its 2017 inception to $95 million. New and existing backers, including Bain Capital, Iconiq […]
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  • December 6, 2021
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Argo AI, an autonomous driving technology company, teamed up with advocacy group the League of American Cyclists (LAB) to come up with guidelines for how self-driving vehicles should identify and interact with cyclists. The goal is to set a standard for other AV companies in the industry to follow, particularly as the self-driving industry is […]
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  • December 6, 2021
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Welp, […]
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  • December 6, 2021
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Australia is emerging onto the online used car dealership scene with Carma, a startup that just raised a $20 million (AUD $28 million) seed round from Tiger Global, an American investment firm. Carma has been operating in stealth for the past nine months, and says the funding has enabled the company to recruit an executive […]
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  • December 6, 2021
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Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot, a Nigeria- and U.S.-based company that connects consumer goods brands to thousands of retailers and help out with distribution, has raised $110 million in new equity and debt […]
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  • December 6, 2021
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Jordan-based mobile game publisher TamatemGames announced today it has raised $11 million in a Series B led by KRAFTON, a South Korean game developer behind PUBG, marking its first investment in the Middle East and North Africa (MENA). Venture Souq, Endeavor Catalyst and existing investors also participated in the round.  The Series B round brings its total […]
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  • December 6, 2021
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Alibaba is reassigning roles to four of its executives in one of the biggest reshuffles in its recent history, the company announced on Monday morning. Maggie Wu, the e-commerce titan’s former chief financial officer, will step down next April and be replaced by Toby Xu, current deputy CFO. Wu will continue to be a partner […]
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  • December 6, 2021
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Pariti, the Kenya-based community-led marketplace building the digital infrastructure for startup ecosystems in emerging markets, has raised $2.85 million seed, the company confirmed to TechCrunch today. The round was led by U.S.-based Harlem Capital. In Africa, it’s the first deal of the diversity-focused fund that secured $134 million for its second fund earlier this year. […]