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Thrive Capital, Tiger Global-Backed Cannabis Wholesale Platform LeafLink Buys Leaf Trade: Co. Will Process ~$9B In Annual GMV
Tuesday, November 26, 2024 - 12:02pm | 487Read More...LeafLink, a cannabis wholesale platform, has announced its acquisition of Leaf Trade, a specialized marketplace catering to multi-state operators (MSOs) and enterprise cannabis businesses. The combined entity is poised to process nearly $9 billion in annual gross merchandise value (GMV). The price...
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Tiger Global Wants A Piece Of This Sports Team In India's Cash-Rich Premier Cricket League
Monday, May 22, 2023 - 8:41am | 810Read More...This article was first published on the Benzinga India Portal. Tiger Global, a technology-focused investment firm with a glowing track record in India so far is reportedly negotiating a deal to acquire a stake in the Indian Premier League’s Rajasthan Royals franchise, according...
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Tiger Global Exits Rivian, Netflix Stakes In Q1 — Doubles Down On These Chinese EV Makers Instead
Monday, May 16, 2022 - 10:09pm | 663Read More...Hedge fund Tiger Global dissolved its stake in Rivian Automotive Inc (NASDAQ: RIVN) and Netflix Inc (NASDAQ: NFLX) in the first quarter and significantly lowered its exposure to Uber Technologies Inc (NASDAQ: UBER). It more than doubled its...
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BZ Bites: In $100M Series C, AngelList Ups Valuation To $4B
Wednesday, March 9, 2022 - 5:46pm | 124Read More...AngelList announced Wednesday a $100 million funding round that brought its valuation to $4 billion. The development comes as the venture fundraising platform is spending large amounts on growth initiatives; through the pandemic, the firm added to its offering RUVs and Stack. Tiger Global led...
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Sequoia Capital India Leads $450M Investment Round In Ethereum Layer 2 Solution Polygon
Monday, February 7, 2022 - 12:50pm | 377Read More...Sequoia Capital has become the latest venture firm to bet big on web3 after leading a $450 million investment round in Polygon (CRYPTO: MATIC). What Happened: According to a report from TechCrunch, Sequoia Capital India led Polygon’s “first major financing round” which also saw...
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Want To Invest In A Crypto Exchange That's Now Worth Three Robinhoods With A Massive $32B Valuation?
Monday, January 31, 2022 - 2:46pm | 308Read More...Major U.S. cryptocurrency exchange FTX (CRYPTO: FTT) has closed its $400 million Series C funding round, reaching a valuation of $32 billion — about three times the current capitalization of major retail-focused online brokerage Robinhood Markets Inc. (NASDAQ: HOOD). What...
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Cryptocurrency Company FTX Raises $420.69M From 69 Investors
Thursday, October 21, 2021 - 4:27pm | 492Read More...A leading cryptocurrency company completed a Series B-1 funding round that saw its valuation climb. Here are the details on the funding round and what’s next for the company. What Happened: FTX, parent company to cryptocurrency exchange FTX.com, raised $420.69 million in a Series B-1 funding...
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Neighborhood Social Media Platform Nextdoor Lands SPAC Deal With Khosla: What Investors Should Know
Tuesday, July 6, 2021 - 10:12am | 599Read More...A social media platform that connects people living in the same neighborhoods announced a SPAC merger to help fund expansion plans. The SPAC Deal: Nextdoor announced a deal with Khosla Ventures Acquisition Co. II (NASDAQ: KVSB) that values the company at a pro forma equity value of $4.3 billion. A...
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Fintech Focus For July 2, 2021
Thursday, July 1, 2021 - 7:42pm | 1995Read More...Quote To Start The Day: “I refuse to accept other people’s ideas of happiness for me. As if there’s a one size fits all standard for happiness.” Source: Kanye West One Big Thing In Fintech: Six fintechs — PayPal, Square, Varo, Affirm, LendingClub and Oportun —...
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Fintech Focus For June 22, 2021
Monday, June 21, 2021 - 7:39pm | 2461Read More...Quote To Start The Day: "When we strive to become better than we are, everything around us becomes better too.” Source: Paulo Coelho One Big Thing In Fintech: Uphold, a fintech providing investors single-wallet access to cryptocurrencies, fractional U.S. equities, commodities, carbon...
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Fintech Focus For June 8, 2021
Monday, June 7, 2021 - 8:14pm | 1747Read More...Quote To Start The Day: "Believe you can and you’re halfway there." Source: Theodore Roosevelt One Big Thing In Fintech: Latin America’s fintech industry is booming, and U.S. venture capital firms are not only taking notice, but are backing that growth with some significant...
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Global Trading Platform Stake Adds $30M From Tiger Global, DST Global
Tuesday, May 18, 2021 - 4:00pm | 408Read More...Stake secured a funding round of $30 million from Tiger Global and partners of DST Global. What Happened: Stake is a commission-free, fractional trading application that allows global access to U.S. markets. The idea behind Stake emerged in 2009 when Stake’s founder, Matt Leibowitz,...
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Fintech Focus For April 9, 2021
Thursday, April 8, 2021 - 5:54pm | 2020Read More...Quote To Start The Day: We don't abandon our pursuits because we despair of ever perfecting them. Source: Epictetus One Big Thing In Fintech: To stay competitive, financial institutions must take a page from SaaS providers by embedding much needed financial services functionality into their...
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Dutchie Raises $200M In VC From Tiger Global-Led Group, Buys Cannabis POS Providers Greenbits, LeafLogix
Tuesday, March 16, 2021 - 6:00am | 300Read More...Cannabis e-commerce platform Dutchie has closed a $200-million Series C funding round led by Tiger Global, boosting the Bend, Oregon-based company's valuation to $1.7 billion. The fundraise comes after Dutchie raised $35 million in a Series B round. Dragoneer and DFJ Growth also...
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SaaS In Space With Spire Global: What Investors Should Know About SPAC Merger
Monday, March 1, 2021 - 5:11pm | 422Read More...Another space-related company is going public via a SPAC merger with Spire Global announcing a deal Monday morning. The SPAC Deal: Space-based data and analytics company Spire Global announced a SPAC merger with NavSight Holdings Inc (NYSE: NSH). The deal values Spire Global at a post-money equity...
