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Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores

Mexico City’s Jüsto raises a $12 million bridge round for its delivery-only grocery stores

by admin | Jul 1, 2020 | News

Jüsto, the Mexico City-based delivery only grocery store chain, has raised another $12 million in financing as it looks to expand its now pandemically-relevant business of “dark stores” across the country. The COVID-19 pandemic is changing consumer habits and...
VCs see much to like in Democrats’ $1.5 trillion Moving Forward Act

VCs see much to like in Democrats’ $1.5 trillion Moving Forward Act

by admin | Jul 1, 2020 | News

“The Moving Forward Act reads like a $1.5 trillion validation of our fund’s thesis — that upgrading cities and related infrastructure is key to fighting the existential threat of climate change and improving lives,” said Stonly Baptiste, co-founder and partner at...
Twitch breaks records again in Q2, topping 5B total hours watched

Twitch breaks records again in Q2, topping 5B total hours watched

by admin | Jul 1, 2020 | News

Twitch had already broken viewership records in the first quarter of 2020 amid coronavirus lockdowns, surpassing 3 billion total hours watched in a single quarter for the first time. In the second quarter, it appears that Twitch has broken that record and several...
Point launches new challenger bank with rewards on debit card purchases

Point launches new challenger bank with rewards on debit card purchases

by admin | Jul 1, 2020 | News

Meet Point, a new challenger bank in the U.S. that has been available as a private beta for the past year. Today, the company is launching a major new version of its service and opening its doors to everyone. But you’ll have to get an invite to get in at first. Point...
Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds

Match Group completes separation from IAC, new board includes Wendi Murdoch and Ryan Reynolds

by admin | Jul 1, 2020 | News

IAC and Match Group announced that they have completed a “full separation.” Previously, Match Group (which owns Tinder, Hinge, OkCupid, PlentyOfFish and Match itself) was a publicly-traded company, with digital holding company IAC as its majority shareholder. Last...
Portfolio companies of startup studio eFounders have raised $148 million this year

Portfolio companies of startup studio eFounders have raised $148 million this year

by admin | Jul 1, 2020 | News

European startup studio eFounders has looked back at the first half of 2020 to share some metrics about its portfolio companies. The startup studio that is focused on building software-as-a-service enterprise startups has now launched 25 companies in total. Those...
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