Shape Security hits $1B valuation with $51M Series F – gpgmail

[ad_1] Anti-fraud startup Shape Security has tipped over the $1 billion valuation mark following its latest Series F round of $51 million. The Mountain View, Calif.-based company announced the fundraise Thursday, bringing the total amount of outside investment to $183 million since the company debuted in 2011. C5 Capital led the round, along with several […]

SoftBank mints QuintoAndar a new unicorn in Latin American real estate tech – gpgmail

[ad_1] QuintoAndar, the Brazilian real estate technology developer, has secured a massive $250 million Series D led by SoftBank, as the Japanese conglomerate continues to deploy its $5 billion commitment to the Latin American region. The round is the latest sign that startups in Latin America can get money if they’re developing technologies in specific […]

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation – gpgmail

[ad_1] Getaround, a used car marketplace and winner of gpgmail Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy on “funding speculation.” “Getaround […]

Update on Nigerian fintech firm Interswitch and its speculative IPO – gpgmail

[ad_1] Nigerian fintech firm Interswitch has been circulating in business news around a possible IPO on the London Stock Exchange. Last month Bloomberg News ran a story—based on unnamed sources—reporting the financial services firm had hired investment banks to go public on the LSE later in 2019. The piece spurred additional aggregated press. That Interswitch—which […]

Proterra, the Tesla of electric buses, closes in on $1 billion valuation – gpgmail

[ad_1] Proterra has authorized shares to raise $75 million, a new round of funding that would push the electric bus maker’s valuation past $1 billion, gpgmail has learned. The company authorized the sale of 10,857,762 shares at a price of $6.91 in a Series 8 round, according to a securities filing that was obtained by […]

SoftBank’s second act – gpgmail

[ad_1] Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I noted some challenges plaguing mental health tech startups. Before that, I wrote about Zoom and Superhuman’s PR disasters. Remember, […]