Category: funding

With $100M in funding, Playco is already a mobile gaming unicorn
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With $100M in funding, Playco is already a mobile gaming unicorn

Playco is a new mobile gaming startup created by Game Closure co-founder Michael Carter and Zynga co-founder Justin Waldron, as well as game producers Takeshi Otsuka and Teddy Cross. Although the Tokyo-headquartered company is only announcing its existence today, it’s already a unicorn — it says it’s raised $100 million in Series A funding, at…

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Funding for mental-health focused startups rises in 2020
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Funding for mental-health focused startups rises in 2020

As wellness startups drift generally, VC hotspots emerge Turning away from the public markets, IPOs, SPACs and Palantir for a moment, would you like to talk about startups again? I would. This morning, I pored over venture capital funding patterns for wellness-focused startups. Broadly, according to a new report, these startups raised less money in…

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Trump: We ‘May Cut Off Funding’ if Schools Do Not Reopen
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Trump: We ‘May Cut Off Funding’ if Schools Do Not Reopen

President Donald Trump threatened Wednesday to “cut off” funding to schools if they do not reopen in the Fall after closing due to coronavirus concerns. “In Germany, Denmark, Norway, Sweden, and many other countries, SCHOOLS ARE OPEN WITH NO PROBLEMS,” Trump said. “The Dems think it would be bad for them politically if U.S. schools…

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As funding slows in Boston, its early-stage market could shine
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As funding slows in Boston, its early-stage market could shine

A look at the city’s accelerators and early-stage investment Chris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and…

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White House and House Democrats agree to funding package for paid sick leave, funding for tests
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White House and House Democrats agree to funding package for paid sick leave, funding for tests

Late Friday night, after nearly two full days of negotiations, the House of Representatives is finally set to pass a bipartisan plan to provide sweeping new benefits to workers and businesses affected by the outbreak of the novel coronavirus in the U.S. The new bill will offer paid sick leave, stronger unemployment benefits, free virus…

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New funding round values catering marketplace Hungry at $100M+
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New funding round values catering marketplace Hungry at $100M+

Hungry, a catering marketplace that connects businesses with independent chefs, announced this week that it has raised $20 million in Series B funding. Hungry tells me that the funding valued the company at more than $100 million (pre-money). The investors were also pretty impressive: The round was led by Evolution VC Partners and former Whole Foods…

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HackerOne just closed a new round of funding that brings its total funding to $110 million
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HackerOne just closed a new round of funding that brings its total funding to $110 million

HackerOne, the seven-year-old, San Francisco-based company that mediates between hackers and companies interested in testing their online vulnerabilities, has raised $36.4 million in Series D funding that brings the company’s total funding to date to  $110 million. The deal was led by Valor Equity Partners, which was joined by the company’s earlier investors, including Benchmark,…

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FCC approves $4.9B in funding for rural broadband improvements
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FCC approves $4.9B in funding for rural broadband improvements

The FCC has just approved nearly five billion dollars in subsidies for rural broadband operators to be paid out over the next ten years. Recipients of this windfall will have to “maintain, improve, and expand” their broadband infrastructure, especially in underserved areas. Carriers in 39 states, American Samoa, and many tribal lands will receive varying…

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With $40 million in funding and a $200 million valuation, will the only museums be Museums of Ice Cream?
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With $40 million in funding and a $200 million valuation, will the only museums be Museums of Ice Cream?

Call the rollers of big rounds, The well-capitalized ones, and have them backmakers of rooms themed like concupiscent curds. Let the influencers gather in the styles they love to wear, and let other startups throw away their term sheets like last month’s newspapers. Let be be finale of seem. The only museum is the Museum…

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