Lee Fixel
Driving financial inclusion through digital payment methods is among the top priorities for the governments of Africa’s biggest tech ecosystems where cash is still king. Several initiatives launched by these…
Lee Fixel’s Addition raising $1.5 billion for its fifth fund in four years
Lee Fixel’s Addition is looking to raise $1.5 billion venture capital fund as the former Tiger Global executive continues to secure large sums of money despite the slowdown in the…
Holey Grail Donuts bites into $9M for Los Angeles retail expansion
The Hawaii company’s taro donut is fried in organic, fair trade coconut oil and comes with over 60 different flavors.
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Tiger Global is earning its stripes in Africa
You can count on one hand the number of funds bigger than Tiger Global. But in terms of influence, speed and number of investments made since 2021, Tiger has led the pack alongside Sequoia. Last year, the New York-based firm, known for its famous bets on Stripe, JD.com, Meituan and Roblox, raised $6.7 billion for…
PQShield raises $20M for its quantum-ready, future-proof cryptographic security solutions
Quantum computing promises to unlock a new wave of processing power for the most complex calculations, but that could prove to be just as harmful as it is helpful: security…
Lee Fixel’s Addition leads $32M investment into TruePay, a Brazilian B2B ‘buy now, pay later’ startup
Global investors continue to be drawn to LatAm. TruePay, a one-year-old São Paulo-based “buy now, pay later” startup, announced today that it has raised $32 million in a Series A…
Ethyca raises $7.5M, open sources Fides for developers to build privacy tools directly into their codebases
Ethyca, the privacy-by-design technology startup that has built a unique set of APIs, detection tools and analytics to make it easier for organizations to adhere to data privacy policies like…
Merge raises $15M Series A for its B2B integrations platform
Merge, an integrations platform that focuses on B2B use cases, today announced that it has raised a $15 million Series A funding round led by Addition, with participation from existing…
Chronosphere raises $200M at a $1B+ valuation for cloud-native monitoring, adds granular, distributed tracing to its dashboard
Data observability — necessary to keep tabs on infrastructure performing as it should; to see if apps are returning errors; and to ensure that critical business data is getting to…
Fintech startup Tag valued at $100 million in Pakistan’s largest seed round
Tag, a one-year-old startup that offers banking and financial services to users in Pakistan, has raised over $12 million in what is now the largest seed financing round in the…
Indian logistics firm Delhivery has courted one more high-profile investor before its expected IPO in the next two quarters: Lee Fixel’s Addition. The Gurgaon-headquartered firm has disclosed in a regulatory filing…
India’s Inshorts raises $60 million following Public social network app growth
Indian startup Inshorts, which operates an eponymous news aggregator service, has raised $60 million in a new financing round as its two-year-old bet — the launch of a new social…
Tines raises $26M Series B for its no-code security automation platform
Tines, a no-code automation platform co-founded by two senior cybersecurity operators, today announced that it has raised a $26 million Series B funding round led by Addition. Existing investors Accel…
Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as…
OctoML raises $28M Series B for its machine learning acceleration platform
OctoML, a Seattle-based startup that offers a machine learning acceleration platform built on top of the open-source Apache TVM compiler framework project, today announced that it has raised a $28…
Titan nabs $12.5M for ‘next generation’ investment management
Titan, a startup that is building a retail investment management platform aimed at millennials, has closed on $12.5 million in a Series A round led by VC heavyweight General Catalyst.…
Exclusive: Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last
According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners…
Render, the winner of our Disrupt SF 2019 Startup Battlefield, today announced that it has added another $4.5 million onto its existing seed funding round, bringing total investment into the…
On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. According to…
Lee Fixel’s Addition leads $35 million investment in India’s Inshorts
Inshorts, which operates a popular news aggregator app in India, has raised $35 million in a new financing round led by Lee Fixel’s Addition as the Indian startup looks to…
Snyk bags another $200M at $2.6B valuation 9 months after last raise
When we last reported on Snyk in January, eons ago in COVID time, the company announced $150 million investment on a valuation of over $1 billion. Today, barely nine months…
Relativity, a new star in the space race, raises $140 million for its 3-D printed rockets
With $140 million in new financing, Relativity Space is now one step closer to fulfilling its founders’ vision of making the first rockets on Mars. Tagging along for the ride…
OKRs, or Objectives and Key Results, are a popular planning method in Silicon Valley. Like most of those methods that make you fill in some form once every quarter, I’m…
Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW
In this week’s newsletter: The college admissions scandal engulfs TPG, Accel raises $2.5B for three funds and investing app Stash brings in $65M.
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Pi Day wasn’t pleasant for a lot of tech execs
Pi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at…
Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at the end of June, the firm announced today in a letter sent to clients and seen…
