Page 34 - Tech Fund News Today

Mentorcam Secures $1.4 Million in Pre-Seed Round Funding to Expand Operations By Staff 1 month ago The Leading Video Messaging Platform Looks to Widen its Customer and Client Base with New Round of Funding LOS ANGELES–(BUSINESS WIRE)–Mentorcam, the leading video messaging platform, announced today it has raised $1.4 Million in pre-seed funding. The round was led by General Catalyst. Additional investors include Studio VC, Kosinski Ventures, Realize Tech Fund and angel investors. The pre-s...

FlexxPay is currently available in the UAE and Saudi Arabia, and will be launched in Bahrain next month.

Wamda participates in FlexxPay’s $3 million pre-Series A round Wamda, the Middle East regions leading startup ecosystem enabler, has invested in Dubai-based Shari’a compliant employee benefit platform FlexxPay’s $3 million pre-series A round.  The round saw participation from JIMCO, Target Global, DIFC FinTech Fund, March Holding, Arzan VC, SuknaVentures, Nuwa Capital and VentureSouq. Founded in 2018, FlexxPay enables employees to access already-earned income such as salaries, commiss...

RIYADH: FlexxPay, the fintech company with headquarters in Saudi Arabia and the UAE, has raised $3 million in a pre-series A round of funding, the company announced on Sunday. The latest funding was backed by leading international and regional investors. In addition to March Holding, which has backed FlexxPay since its seed round, investors include JIMCO, Target Global, Wamda,

Guardian Fund: ‘Palantir (PLTR) has a Long Runway of Growth Ahead’ Guardian Fund, an investment management firm, published its fourth-quarter 2020 Investor Letter – a copy of which can be downloaded here. A return of 52.21% was recorded by the fund for the year end 2020, outperforming its S&P 500 benchmark that delivered an 18.40%. return. You can view the fund’s top 5 holdings to have a peek at their top bets for 2021. Guardian Fund, in their Q4 2020 Investor Letter said that they acqu...

CIT GAP Funds 2020 Impact Report Showcases $32.4 Million in Capital Deployed to Date Investments have supported the creation of nearly 6,500 jobs throughout the Commonwealth CIT Growth Acceleration Program (GAP Funds) Since 2005, CIT GAP Funds has invested in Virginia’s leading technology start-ups generating significant economic return for entrepreneurs, co-investors, and the Commonwealth of Virginia. CIT GAP Funds is a family of seed and early stage venture funds investing in Virginia-based...

Tony Hsieh is gone, but his Las Vegas vision is finding new life Sam Dean © (Charley Gallay / Getty Images) Tony Hsieh speaks at a conference in Las Vegas. The former Zappos chief executive, who died after being trapped in a fire in November, transformed the city in ways that are helping it attract a new wave of tech workers. (Charley Gallay / Getty Images) Tony Hsieh had ambitions that reached far beyond the shoe-selling business. After moving Zappos, his billion-dollar e-co...

Print Tony Hsieh had ambitions that reached far beyond the shoe-selling business. After moving Zappos, his billion-dollar e-commerce company, to the Las Vegas suburbs and selling it to Amazon, he set his sights on transforming the city itself, pouring $350 million — mostly of his own money — into its hollowed-out downtown core, two miles north of the glitz of the Strip. For all the attention what came to be known as the Downtown Project attracted, few of Hsieh’s grand proclamations had co...

T he pandemic has put paid to the traditional office Christmas party - that annual workplace event beloved and loathed in equal measure. We wondered what City firms and bosses at companies across London were planning to do in its stead. It turned out that what has replaced a uniform drinks-followed-by-more-drinks pattern is far more diverse. We found companies opting for everything from Zoom parties featuring celebrity cameos and virtual carol services led by Robbie Williams, to virtual wine-ta...

Thats part of a fund run by private investment firm blackstone, and it was about a year in the making. it plans to raise $100 billion for infrastructure projects. you can see tligt on your screen the groups ceo steve schwartzman. he runs blackstone and advises president trump. during the campaign, the president vowed to modernize aging u.s. airports, bridges and roadways, and the white house has promised a $1 trillion plan. the administration hasnt released details but is pushing for a mix of pr...