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Our Top stories from business around the globe

Business Tech

Oxx, a new European VC dedicated to SaaS, raises $133M fund

Oxx, a relatively new European venture capital firm founded by Richard Anton and Mikael Johnsson, has raised $133 million to back “Europe’s most promising...

by Joanna Lynx February 11, 2020
Business Tech

Tesla ramps up solar tile roof installations in US, eyes China and Europe expansion

Tesla  appears to be ramping up installations of its solar tile roofs in the San Francisco Bay area and will eventually roll out to Europe...

by Gerald Travares February 11, 2020
Business Tech

After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step

Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was...

by Joanna Lynx February 10, 2020
Business Tech

More cash-crunched companies turn to convertible notes

Convertible notes are not just for early stage startups any more. These promissory notes, which are structured as debt that convert into equity upon...

by Gerald Travares February 10, 2020February 10, 2020
Business Tech

Company-builder Antler passes $75M raised after investment from Schroders and Ferd

Antler is a “company builder” that emerged a couple of years ago, running startup generator programs and investing from an early stage, bringing a heady...

by Joanna Lynx February 6, 2020
Business Tech

Aiven raises $40M to democratize access to open-source projects through managed cloud services

The growing ubiquity of open-source software has been a big theme in the evolution of enterprise IT. But behind that facade of popularity lies another kind...

by Gerald Travares February 6, 2020
Business Tech

TLcom Capital closes $71M Africa fund with plans to back 12 startups

VC firm TLcom Capital has closed its Tide Africa Fund at $71 million with plans to make up to 12 startup investments over the...

by Gerald Travares February 5, 2020
Business Tech

Snapchat hits 218M users but big Q4 losses sink share price

Snapchat still isn’t profitable nearly two years after its IPO. In Q4 2019, Snap lost $241 million on 560.8 million in revenue that’s up 44% year-over-year...

by Joanna Lynx February 5, 2020
Business Tech

Asana files to go public via direct listing

Workplace productivity toolmaker Asana  announced late Monday that they have confidentially filed their S-1 and said in a statement that they plan to enter the public markets...

by Gerald Travares February 4, 2020
Business Tech

Dixa, the customer engagement platform, picks up $36M Series B

Dixa, the customer engagement platform, has closed $36 million in Series B funding. Leading the round is Notion Capital, with participation from existing investors...

by Joanna Lynx February 4, 2020
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The paradox of 2020 VC is that the largest funds are doing the smallest rounds

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Revolut raises $500 million at a $5.5 billion valuation

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