Funding
Andreessen Horowitz Collects $7.2 Billions
Andreessen Horowitz announced that they have just raised $7.2B for the following venture strategies: American Dynamism ($600M), Apps ($1B), Games ($600M), Infrastructure ($1.25B), and Growth ($3.75B). When Ben Horrowitz and Marc Andreessen started the firm in 2009, the conventional wisdom
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Lakestar Closes $600 Million European VC Funds
Lakestar announced the recent closing of their latest funds, Lakestar Early IV and Lakestar Growth II, for around $600 million to inject new capital into the next generation of European startups, bringing Lakestar’s assets under management to €2bn. Lakestar invests
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French Business Planning Startup Pigment Announces $145 Million Series D
Paris based Pigment announced a $145 million series D funding round, led by ICONIQ Growth. Sandberg Bernthal Venture Partners, as well as several other existing investors including IVP, Meritech, Greenoaks and Felix Capital have also participated in the round. Pigment was started with one
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European Fintech M&A Poised for Rebound as Traditional Banks Eye Struggling Fintech Startups
Mergers and acquisitions (M&A) activity in the European banking sector is expected to rebound this year as lower valuations are anticipated to entice traditional lenders to snap up struggling fintech startups to enhance their tech capabilities and expand their portfolio
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Solaris Raises 96 Million EUR Series F
Solaris announced the signing of its Series F round led by SBI Group and other existing investors. The current round consists of EUR 96 million in additional capital and a financial guarantee of up to EUR 100 million capital equivalent.
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Global Retail Fintech Funding Shows Resilience, Supported by Banking and Credit Deals
Retail fintech recorded a slight growth in Q4 2023 with deal value increasing by 5% quarter-on-quarter (QoQ) to US$2.6 billion, a modest rise that was driven by large deals in banking and credit verticals, new data released by PitchBook reveal.
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Fintech Investors in Switzerland
Switzerland boasts a vibrant investment ecosystem supported by a robust network of investors and venture capitalists (VCs). A database created and maintained by The Week in Swiss Startups, in collaboration with swissVC and Swisspreneur, reveals that the market now comprises
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Tenity Invests in 3 Swiss Early-Stage Fintech Startups
The upcoming edition of the Tenity Incubation Program in Switzerland welcomes a cohort of 9 early-stage startups selected from a pool of more than 400 applications globally. For the next four months, the Fintech startups will go through an intensive
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Media M&A Landscape Confident for Growth Amid Strategic Shifts
In 2023, the mergers and acquisitions (M&A) market underwent a considerable decline, dropping by 15% year-on-year (YoY) in value to US$4.3 trillion and reaching its lower level in a decade, data from Bain and Company’s M&A Report 2024 shows. Strategic
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European Banks Invest in Fintech Startups, Embrace New Tech Amid Rising Threat from Digital Challengers
In Europe, incumbent banks are responding to rising competition from platform players, neobanks and payment providers by launching their own digital-only subsidiaries, investing in technology and providing banking-as-a-service (BaaS) offerings. These strategies are arising as banks are perceiving considerable threat
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