Andreessen Horowitz Launching a New $300 M Crypto Fund

Andreessen Horowitz Launching a New $300 M Crypto Fund

Silicon Valley investment powerhouse Andreessen Horowitz has launched a new $300 M fund focused on cryptocurrencies. The firm has already invested millions in projects and protocols built around a range of use cases and also in a number of notable start-ups, including crypto exchange Coinbase. Chris Dixon, General Partner, said in a blog post the […]

>> Andreessen Horowitz Launching a New $300 M Crypto Fund
PayPal on an Acquisition Spree to Strengthen its Position with Merchants

PayPal on an Acquisition Spree to Strengthen its Position with Merchants

In a little over a month, PayPal, the payment system giant, engaged in a record number of M&A transactions. A common theme is the strengthening of company’s position in the ever more competitive, yet compelling, B2B space. First, in an effort to further expand into the physical payments market and increase foothold in Europe, PayPal […]

>> PayPal on an Acquisition Spree to Strengthen its Position with Merchants
Ireland-Based Соmmunісоrр Media Group Sells the Largest Radio Group in Bulgaria to Its Management for €5.4 M

Ireland-Based Соmmunісоrр Media Group Sells the Largest Radio Group in Bulgaria to Its Management for €5.4 M

Соmmunісоrр Grоuр Bulgaria, which includes BG Radio, Radio 1, Radio 1 Rock, Energy, Nova, Veronica and City Radio and TV channel, is now fully owned by its Bulgarian management team after a €5.4 M management buyout deal. A new holding company, Fresh Media Bulgaria, was set up to execute the deal, which also included the […]

>> Ireland-Based Соmmunісоrр Media Group Sells the Largest Radio Group in Bulgaria to Its Management for €5.4 M
Software Company Luxoft Makes its 10th Acquisition, an US Innovation Consultant

Software Company Luxoft Makes its 10th Acquisition, an US Innovation Consultant

Luxoft, a software development company originally founded in Russia and now based in Zurich, acquired Smashing Ideas, a digital innovation agency, for an undisclosed amount. As a result, the Swiss company will increase its digital research, strategy, and design capabilities by supporting its Transformation arm, Luxoft Digital. The deal marks Luxoft’s 10th acquisition. For almost […]

>> Software Company Luxoft Makes its 10th Acquisition, an US Innovation Consultant
BrightCap Ventures: New Venture Capital Fund Starts in Bulgaria

BrightCap Ventures: New Venture Capital Fund Starts in Bulgaria

A new venture capital fund is soon to be launched in Bulgaria – BrightCap Ventures, which will be the sixth player of its type in the country after Eleven, LAUNCHub, Neveq, Empower Capital and BlackPeak Capital. It will have a resource of €25 М for investments in innovative small and medium-sized companies. The bulk of […]

>> BrightCap Ventures: New Venture Capital Fund Starts in Bulgaria
Car Manufacturers are Racing to Pour Money into Car-Sharing Platforms

Car Manufacturers are Racing to Pour Money into Car-Sharing Platforms

Grab, the ride-sharing platform that recently acquired Uber’s Southeast Asia business, grabbed an impressive $1Bn investment from world’s largest car manufacturer – Toyota. Upon completion of the current funding round, Grab will reach an eye-catching $10Bn valuation, while uniting investors like Hynndai, SoftBank and Didi Chuxing. The manoeuvre of the Japanese giant is far from […]

>> Car Manufacturers are Racing to Pour Money into Car-Sharing Platforms
Blockchain Firm Aeternity and Sofia-Based SoftUni Launch a Blockchain Incubator

Blockchain Firm Aeternity and Sofia-Based SoftUni Launch a Blockchain Incubator

Aeternity, a Bulgaria-based company developing a “blockchain 3.0” platform, alongside with Software University (SoftUni), announced the launching of Starfleet –  a series of incubator programs in support of the global blockchain community. The project aims to build a network of innovators, investors, and industry enthusiasts across several European countries. Yanislav Malahov, founder of Aeternity, is […]

>> Blockchain Firm Aeternity and Sofia-Based SoftUni Launch a Blockchain Incubator
Robinhood App Raises $363 M to Expand Its Zero-Fee Crypto Trading Platform US Wide

Robinhood App Raises $363 M to Expand Its Zero-Fee Crypto Trading Platform US Wide

Stock trading app Robinhood has raised $363 M in a series D funding round in order to expand US wide its crypto trading platform, ‘Robinhood Crypto’, according to a press release from the company. Robinhood provides commission-free trading services for US stocks and ETFs through its app to retail investors. Earlier this year, the company […]

>> Robinhood App Raises $363 M to Expand Its Zero-Fee Crypto Trading Platform US Wide
Goldman Sachs and KKR to Acquire a Minority Stake in OutSystems

Goldman Sachs and KKR to Acquire a Minority Stake in OutSystems

OutSystems, a Portuguese provider of low-code application development solutions, has successfully raised $360 M from the private equity group KKR and Goldman Sachs. The deal values the company at well over $1 Bn. The investment was done through the Next Generation Technology Growth Fund of KKR and will be used for accelerating business expansion and […]

>> Goldman Sachs and KKR to Acquire a Minority Stake in OutSystems
Google and Orange Gear Up for Investments  in European, Middle Eastern and African Start-Ups

Google and Orange Gear Up for Investments in European, Middle Eastern and African Start-Ups

Google is joining forces with Orange Digital Ventures, the corporate venture fund of the largest French telecom Orange, on a hunt to finance and acquire promising digital startups. The two giants will seek investment opportunities in Europe, Africa and the Middle East (EMEA), specifically in the areas of internet of things, cybersecurity, cloud services, artificial […]

>> Google and Orange Gear Up for Investments in European, Middle Eastern and African Start-Ups