This story is part CNBC Make It’s The Moment series, where highly successful people reveal the critical moment that changed the trajectory of their lives and careers, discussing what made them take the leap into the unknown. The first time Daniel Lubetzky accepted a major investment for Kind Snacks, he made a huge mistake. Today, …
Brno was once famous for its textile industry. But its subsequent decline at the end of the 20th century forced the Czech Republic’s second largest city to reinvent itself. Twenty years ago, a new business center was created in Brno. The JIC (South Moravian Innovation Center) was one of the first technology incubators in the …
Detroit’s Motor City Match program announced Wednesday that it is giving cash grants to 32 other businesses in the city. Round 21 winning small businesses will receive funding from a pool of $1.3 million. There are 17 new companies that will receive grants from a pool of $965,000. The other $341,000 in cash grants will …
32 small businesses win grants from Detroit’s Motor City Match program Read More »
Billionaire venture capitalist Marc Cuban has founded or invested early in hundreds of startups over the years. But only one of them, founded in January 2022, bears his name. The Mark Cuban Cost Plus Drug Co. seeks to disrupt the $365 billion U.S. prescription drug market, which is rife with pricing inefficiencies. For example, a …
Cometeer, a heavily funded coffee startup based in Gloucester, has suffered a series of layoffs as it adjusts to market conditions. The company, which was founded in 2015, sells premium frozen coffee pods and has raised around $100 million in venture capital. But over the past year, with the economy slowing, Cometeer has seen its …
Gloucester coffee start-up Cometeer strikes bitterly, lays off staff – The Boston Globe Read More »
Tim Flannery, Alex Laplante and Ben Doran were working together on the Investor Services team at Carta when they realized that onboarding funds to invest in startups was a nerve-wracking process (no pun intended). It involved manually creating subscription agreements — agreements that investors complete to invest in a fund — by gathering unstructured data …
Passthrough raises $10M to simplify investor onboarding process Read More »
Credit: 123RF.com Indian startups that raise capital from foreign investors such as Sequoia Capital, Softbank, Prosus, Tiger Global, Carlyle, KKR and Blackstone will now have to pay an “angel tax,” a move that could not only negatively impact the funding, but also encourage more startups to locate overseas. Announcing the Union budget on Tuesday, the …
Foreign funding in local startups now subject to ‘welcome tax’ Read More »
A new report highlights the world of commercial open source software (COSS) startups, including which ones are growing the fastest, which are raising funds, and even which universities are most popular among COSS founders. The report comes from Runa Capital, a former Silicon Valley-based venture capital firm that recently moved its headquarters to Luxembourg. Runa …
Following its launch in April 2021, ARM Labs Techstars Lagos Accelerator admitted 12 African startups for the pioneering batch of the three-month program focused on early-stage fintech and proptech startups based in Africa. The inaugural cohort is made up of 10 Nigerian startups and two Kenyan startups, with 50% female CEOs. “It’s a decision of …
12 African startups selected for ARM Labs Lagos Techstars 1 cohort Read More »
Almog Zoosman-Lehman’s job as Head of Community and Partnerships at Amiti Ventures is all about connecting people. “My role at Amiti is to make sure our values are expressed, in addition to making sure the founders know about us, of course. Also, through community management, I have the power to seek out more women founders.” …
