Acrew Capital has raised $ 700 million in fresh funds. The San Francisco-based venture capital firm announced in a blog post on Thursday that it raised $ 700 million to invest in companies building in data and security, healthcare, or fintech. This fundraise brings the firm’s assets under management to $ 1.7 billion. It’s unclear […]
UK neobank Monzo hits $5.9B valuation with secondary market sale
Monzo is now valued at $ 5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially […]
'Diego Lives': Immersive Maradona Exhibit Hits Barcelona
Argentina football legend Diego Maradona comes to life in an immersive exhibit underway in Barcelona, featuring a hologram of the late player and a reconstruction of his childhood home. After runs in Naples and Tel Aviv, the “Diego Vive” (“Diego Lives” in English) exhibition will run for the next two months in the Spanish city […]
Whatnot’s annual GMV hits $2B, introduces new rewards program
Whatnot, the livestream marketplace platform for trading card collectors and sneakerheads alike, announced on Wednesday that its annual gross merchandise volume (GMV) surpassed $ 2 billion this year. The GMV milestone comes on the heels of its recent product launch: Rewards Club, a customizable loyalty program where sellers can create their own rewards for buyers […]
Starlink hits 4 million subscribers
SpaceX’s Starlink satellite internet network is expected to hit a new customer milestone this week, company President Gwynne Shotwell told Texas legislators on Tuesday. “This week, by the way, we will pass 4 million customers for Starlink, which is quite exciting,” she said while testifying before a state House Appropriations Committee meeting. (The milestone was confirmed […]