b capital group
Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round
Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on the hee
Fountain raises $100M to expand its applicant tracking system
The “Great Resignation,” the trend where workers are leaving their jobs at a higher-than-usual rate, is continuing unabated. According to a May PwC survey, 20% of employees said that they&
Why it’s so hard to market enterprise AI/ML products and what to do about it
Healthy pipeline generation is the bugbear of the AI/ML industry, yet there is very little content on how to address it.
Archie aims to remove the complexity of managing freelancers
Archie is developing a financial infrastructure for the freelance economy.
African fintech Flutterwave triples valuation to over $3B after $250M Series D
African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San Francisco-headquartered
AutoCloud raises $4M to commercialize its OSS cloud visualization service
AutoCloud announced a $4 million seed round this morning. The cloud-focused startup’s investment was led by Animo Ventures, with participating checks from Uncorrelated Ventures, B Capital Group
As companies search for hourly workers, Fountain brings in $85M to assist them
Fountain’s technology whittles down the median days to hire to 8.70 from the industry average of 36 days.
Lively is building the modern health savings account that puts consumers first
The company expects to top $1 billion in assets under management in early 2022.
B Capital in talks to back Indian neobank Fi
B Capital Group, which last week co-led Indian social commerce Meesho’s $570 million funding, is in advanced stages of talks to back Bangalore-based neobank Fi (formerly known as epiFi), many aw
Indian social commerce Meesho raises $570 million at $4.9 billion valuation
Meesho has more than doubled its valuation in less than six months, to $4.9 billion, as a growing number of high-profile investors back the Indian social commerce startup that is reporting strong grow
Some of the biggest names in private equity think this go-go market has another year or two (at least)
Earlier today, as part of a private event, this editor was afforded the opportunity to talk with some of the biggest names in the world of private equity, including Carlyle co-founder David Rubenstein
India’s Khatabook raises $100 million for its bookkeeping platform for merchants
Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to lau
OwnBackup reels in $240M Series E on $3.35B valuation, up from $1.4B in January
OwnBackup, the late-stage startup that helps companies in the Salesforce ecosystem back up their data, announced a $240 million Series E today at a $3.35 billion valuation. The latter is up from $1.4
Singapore-based Nektar.ai gets $6M to help B2B sales team collaborate more effectively
Organizing information about prospective deals is a challenging task for B2B sales teams, since salespeople usually rely on multiple tools (email, Zoom, WhatsApp, etc.) to talk with buyer committees.
Indian healthcare startup PharmEasy to acquire majority stake in listed firm Thyrocare for over $600 million
API Holdings, which operates the giant healthcare startup PharmEasy, said on Friday it has reached an agreement to acquire a 66.1% stake in Thyrocare, which runs a diagnostic lab chain, for about $613
Facebook co-founder Saverin’s B Capital doubles down on SaaS in China
B Capital Group, the six-year-old venture capital fund formed by Facebook co-founder Eduardo Saverin and Bain Capital veteran Raj Ganguly, is doubling down on China as it looks to allocate $500 millio
Atomwise’s machine learning-based drug discovery service raises $123 million
With a slew of partnerships with large pharmaceutical companies under its belt and the successful spin out of at least one new company, Atomwise has already proved the value of its machine learning pl
Facebook co-founder Saverin’s B Capital just closed its second flagship fund with $822 million
It hasn’t taken long for B Capital to amass a lot of assets under management. Just five years after the venture firm was launched by Facebook co-founder Eduardo Saverin and Raj Ganguly, a vetera
Plastiq raises $75M to help small businesses use credit cards more
When Eliot Buchanan tried to use his credit card to pay his Harvard tuition bill, the payment was rejected because the university said it doesn’t accept credit. Realizing the same problem exists for
Indian B2B packaging marketplace Bizongo raises $30M
Bizongo, one of the largest business-to-business online marketplaces for packaging needs in India, has raised $30 million in fresh funding as it looks to widen its footprint in the nation and expand t