Rivian lands $350 million investment from Cox Automotive – gpgmail

Rivian, the adventure-minded electric automaker that plans to produce a pickup truck and SUV, has raised $350 million from global automotive services company Cox Automotive. The two companies said Tuesday they will also “explore partnership opportunities in service operations, logistics, and digital retailing.” Further details weren’t provided. However, a statement from Rivian founder and CEO […]

New investment firm wants to change the way we fund early stage companies — from New Hampshire – gpgmail

The three founders of York IE have a vision about how to change the way early stage startups get funding. They have experience shattering norms, having built a successful startup, Dyn, in Manchester, New Hampshire, which is not exactly a hot-bed of startup activity. The founders want to take that same spirit and apply it […]

The CEO of Naspers — one of the world’s most powerful, and lowest flying, investment firms — is coming to Disrupt – gpgmail

In 2001, Naspers, a media company that launched in 1915 and later evolved into a media holding company with pay TV interests, agreed to invest $32 million for a 46.5% stake in Tencent. The China-based company had been founded just three years earlier, and, as Quartz notes in a 2014 story about the deal, Tencent […]

India liberalizes foreign investment rules in a win for Apple – gpgmail

India has further liberalized its foreign direct investment (FDI) rules for many sectors, opening new avenues for global investors and giants such as Apple as Asia’s third-largest economy attempts to jump-start its years-low economic growth. New Delhi said Wednesday evening that it is easing sourcing norms for single-brand retailers like Apple. As part of the […]

Experian makes strategic investment in location data company PlaceIQ – gpgmail

PlaceIQ is announcing a strategic investment from credit reporting company Experian. CEO Duncan McCall said the investment is part of a growth round that PlaceIQ raised after divesting itself of its advertising business (which is being taken over by Zeta Global). He declined to disclose the size of the round, or of the Experian investment. […]

Frontier technologies are moving closer to the center of venture investment – gpgmail

As the technologies that were once considered science fiction become the purview of science, the venture capital firms that were once investing at the industry’s fringes are now finding themselves at the heart of the technology industry. Investing in the commercialization of technologies like genetic engineering, quantum computing, digital avatars, augmented reality, new human-computer interfaces, […]

YC is doubling down on these investment theses in its most recent batch – gpgmail

Nearly 200 startups have just graduated from the prestigious San Francisco startup accelerator Y Combinator. The flock of companies are now free to proceed company-building with a fresh $150,000 check and three-months full of tips and tricks from industry experts. As usual, we sent several reporters to YC’s latest demo day to take notes on […]

Sequoia leads $40M investment in mobile messaging startup Attentive – gpgmail

Attentive, a startup helping retailers personalize their mobile messages, is announcing that it has raised $40 million in Series B funding. The startup was founded by Brian Long and Andrew Jones, who sold their previous startup TapCommerce to Twitter. When they announced Attentive’s $13 million Series A last year, Long told me the startup is […]

SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek – gpgmail

Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using some of the $7 billion or so that it has raised to date: $2 billion provided by SoftBank is being earmarked Grab’s operations in Indonesia — the biggest economy in Southeast […]