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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…

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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…

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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…

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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…

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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…

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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.…

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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…

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Glowforge Secures $22m Series B Investment For 3D Laser Printers

3D laser printer company Glowforge has secured a $22 million Series B funding round led by Foundry Group and True Ventures. Last year Glowforge received $27.9 million in pre-orders from a 30-day…

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Scopely Scoops $55m in Funding

Scopely, a mobile entertainment network, has closed a $55 million financing round led by Greycroft Partners. The company will use the Series B funding for its product slate and developer ecosystem. Elephant…

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Indigo Closes $100m Series C Funding Round

Indigo, a startup using technology to help sustainable agriculture, has closed a $100 million Series C funding round. Alaska Permanent Fund led the financing, with participation from previous investors, including Flagship Ventures…

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