Oxford Solutions, a New York City-based cybersecurity company, has been bought by a venture capital outfit co-led by the owner of the Miami Dolphins football franchise. The company, whose name will change…
OurCrowd Launches $100m AI Fund
Equity crowdfunding platform OurCrowd has launched its Cognitiv fund, which will invest $100 million into early-stage artifical intelligence, robotics and digital manufacturing firms worldwide. It is the company’s 12th fund since it…
Canva Becomes Australia’s Second Tech Unicorn
Australian graphic design firm Canva has become Australia’s first tech unicorn. The Sydney-based company, which currently employs 250 people, received a funding round of $40 million from China’s arm of Sequoia Capital,…
SoftBank Tech Fund Becomes World’s Largest with $93bn War Chest
SoftBank has announced that it has raised $93 billion for a new tech investment fund, which will become the largest in history. The Japanese telecoms giant, currently valued at $78.6bn, raised capital for…
The Worst Five Tech IPOs of All Time
IPOs are risky business–just ask Snap CEO Evan Spiegel, whose first financial report post-IPO left much to be desired. But while the Los Angeles-based social media firm will have had few traders…
Earlybird Venture Capital’s Brandis: “People Really Do Make the Difference”
Munich-headquartered Earlybird Venture Capital has become one of Europe’s leading digital investors in recent years, with 16 locations and investments, on average €2.5 million ($2.68m) in dozens of companies worldwide. A steady…
Seerene Bags $14m Series A Funding
SaaS analytics platform Seerene has announced a $14 million series A funding round. The injection, led by Berlin-based Lakestar Capital Partners, with additional funding from Munich’s Earlybird Venture Capital, will allow the…
Movinga Wins €17m Funding Round
Berlin-based online moving firm Movinga has annouced a €17 million ($18.25m) Series C funding round. The round, led by existing investors including Earlybird Venture Capital and Global Founders Capital, will be used…
Malaysian Government Fund Invests $22m in Austin’s Phunware
Khazanah Nasional Berhad, the strategic investment fund of the government of Malaysia, has announced that it invested $22 million of Series F growth financing in Phunware, an Austin, Texas-based multiscreen platform provider.…
More Unicorns Exited than Born in Q2 2016 – Report
Unicorn exits exceeded unicorn births in Q2 2016, according to a report. The H1 Global Tech Exits Report, conducted by CBInsights, found that for the first time in six quarters there were…