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NodePrime Raises $7M In Seed Funding To Help Companies Manage Their Data Centers
Managing a complex modern IT infrastructure can be difficult. NodePrime, a San Francisco-based startup that’s emerging from stealth today, wants to make it easier for companies to map, monitor and...
View ArticleConstruction App Fieldwire Raises $6.6 Million, Led by Formation 8
Fieldwire, a San Francisco-based mobile and web platform designed to make collaboration on construction projects more efficient, has raised $6.6 million in fresh funding led by Formation 8. Other...
View ArticleFormation 8 Axes Plans For Third Fund, Lonsdale Now Raising $400M For “8...
We’ve heard about consolidation in the word of startups; today comes some news about a thinning of the ranks among VCs. Formation 8 — the VC firm co-founded by Palantir’s Joe Lonsdale, Brian Koo and...
View ArticleVR Live Streaming Platform NextVR Raises $30.5M Series A
NextVR, a startup that promises to give consumers rich VR experiences for live events has raised a $30.5 million Series A led by Formation 8 the WSJ reports. Notably the raise was also participated in...
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Korea’s Yello Mobile Raises $47M More At A $4B Valuation Led By Formation 8
Korea’s Yello Mobile has made a name for itself raising $100 million and using it to hoover up more than 80 startups to build its mobile apps business, which now serves 18 million users. Now, Yello...
View ArticleBranch.co raises $9.2 million to bring financial services where banks don’t go
San Francisco-based Branch International, or Branch.co, raised $9.2 million to bring digital financial services to mobile phone users in Sub-Saharan Africa. Andreessen Horowitz led the Series A round....
View ArticleVenerable audio company Bowers & Wilkins bought out by Gideon Yu’s EVA...
Bowers & Wilkins, an audio gear brand that has been familiar to millions for decades, has been bought out by EVA Automation, a two-year-old company that has never released a product. Yet the old...
View ArticleBolt Threads raises $50 million to brew spider silk, inks deal with Patagonia
If the idea of wearing spider silk intrigues, the idea of managing a farm full of spiders isn’t all that appealing. A startup called Bolt Threads has developed a means of brewing spider silk and other...
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Memebox raises $66M for its e-commerce platform for Korean beauty products
Memebox, an e-commerce company specializing in beauty products from Korea, has closed a significant $65.95 million Series C funding round to fuel further expansion. The financing was led by new...
View ArticleFormation 8 founder Jim Kim and longtime VC Paul Lee partner on a new fund...
Jim Kim, who most recently co-founded the venture firm Formation 8, is launching a brand-new venture firm called Builders that looks to be raising a $200 million fund, judging by a recent SEC filing....
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Robot tutor Musio makes its retail debut in Japan
A cute, robotic language tutor called Musio, has made it from crowdfunding campaign to full-fledged product with a debut in stores this week in Japan. Priced at JPY 98,000 (about US $900), Musio is now...
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Nike-backed Grabit has quietly raised $25 million for robots that handle what...
Robot arms have come a long way since the 1960’s when George C. Devol and Joseph Engelberger created the earliest industrial models. Those had two-finger grippers that, in retrospect, look fit to pluck...
View ArticleBolt Threads is raising $106 million from Foundation Capital and Formation 8
Our spidey senses are tingling over here. According to an SEC filing, TechCrunch has learned Bolt Threads, the biotech company spinning microbes into spider silk, is raising a whopping $106 million in...
View ArticleFormer Formation 8 GP Shirish Sathaye joins Cervin Ventures
Longtime venture capitalist Shirish Sathaye has quietly joined early-stage investor Cervin Ventures as a general partner. Most recently, Sathaye was a general partner at Formation 8, the embattled...
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Partnering with Visa, emerging market lender Branch International raises $170...
The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid...
View ArticleFieldwire just raised $33.5 million more to give PlanGrid and its new owner...
Fieldwire, which makes task management software for construction teams on commercial projects so things don’t fall through the figurative (or literal) cracks, has raised $33.5 million in Series C...
View ArticleWhat will a Wish IPO look like? We may know soon
Wish, the San Francisco-based, 750-person e-commerce app that sells deeply discounted goods that you definitely don’t need but might buy anyway when priced so low — think pool floats, guinea pig...
View ArticleWish wants to be the Amazon for the rest of us; will retail investors buy it?
Most people know Wish as a site that sells throwaway doodads from China, but in anticipation of its impending IPO, the 10-year-old San Francisco-based company has begun portraying itself as a kind of...
View ArticleZero trust unicorn Illumio closes $225M Series F led by Thoma Bravo
Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation. The round was led by Thoma Bravo, which recently bought cybersecurity vendor...
View ArticleAustin-based iFly.vc closes $46M second fund from legendary tech founders
To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the...
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