Vinted, the second-hand clothes marketplace, raises $141M at a $1B+ valuation

The market for second-hand clothes — the “circular economy” as it’s sometimes called — has been on the rise in the last several years, fuelled by economic crunches, a desire to make more responsible and less wasteful fashion choices, and a wave of digital platforms that are bringing the selling and buying of used clothes […]

Where VCs are looking for voice startup investments

Led by Amazon’s Alexa, smart speakers’ install base is expected to reach 200 million units worldwide by 2020. A quarter of Americans over the age of 12 own a smart speaker, and the majority of those users have more than one device in their home. Moreover, Apple could sell 50 million of its Airpods this […]

Lightspeed’s Jeremy Liew is on the hunt for always-on media startups

Perhaps best known for a career-making seed investment in Snapchat, Lightspeed partner Jeremy Liew is a leading investor across media and entertainment, making bets on startups like Cheddar, Giphy, HQ, SpecialGuest, Mic, Beme, Playdom, Duta and Flixster. I spoke to him earlier this week about how he assesses the market for media startups, which led […]

Indian startups have raised a record $11.3B this year

With two months of 2019 still to go, Indian tech startups are already having their best year as a record amount of capital flows into the local ecosystem in a major rebound since the darkened funding environment in 2016. The unlisted tech startups in India have raised $11.3 billion this year, a substantial jump from […]

MediaLab acquires messaging app Kik, expanding its app portfolio

Popular messaging app Kik is, indeed, “here to stay” following an acquisition by the Los Angeles-based multimedia holding company, MediaLab. It echoes the same message from Kik’s chief executive Tim Livingston last week when he rebuffed earlier reports that the company would shut down amid an ongoing battle with the U.S. Securities and Exchange Commission. Livingston […]

Shoe companies Rothy’s and Steve Madden are at each other’s throats

In August, after receiving a cease-and-desist letter from the venture-backed shoe startup Rothy’s, shoe giant Steven Madden filed a pre-emptive lawsuit asking a federal court to rule that its Rosy Flat shoes don’t copy design elements of the Point ballet flat that Rothy’s began selling soon after its 2016 launch. More, it asked that seven […]

Ritesh Agarwal to invest $700M in Oyo’s new $1.5B financing round

India’s budget lodging startup Oyo Hotels and Homes said today it plans to raise about $1.5 billion as part of a new financing round as the startup looks to expand its footprints in the U.S. and Europe. Ritesh Agarwal, the founder and CEO of Oyo, has committed to infuse $700 million to buy new shares in […]

Terminal raises $17M led by 8VC to source and build remote teams of engineers

As LinkedIn announces the next stage of its own ambitions in the world of recruitment by bringing in more big data insights, another one of the startups indirectly chipping away at its position among knowledge workers by providing a way of hiring and building entire teams in remote locations is announcing another round of funding. […]