Author: Thomas Crown

 Brighteye Ventures, a relatively new European VC dedicated to investing in edtech startups, is announcing that it has closed a €50 million first fund. Read More

from TechCrunch

 This year has seen unprecedented interest in Southeast Asia’s startups from Chinese tech firms, and today we can add another deal to the pile. JD.com, the close rival to Alibaba, has led a $19 million investment in Bangkok-headquartered online fashion brand Pomelo. The deal, which is the largest Series B for a Thai startup to date, is co-led by Indonesia’s Provident Capital… Read More

from TechCrunch

 Razer, the U.S.-Singapore firm that produces PCs and peripherals for gamers, is set to raise as much as $550 million from its Hong Kong IPO after it revealed its price range. The company first filed to go public in July, and today it confirmed that it plans to offer 1,063,600,000 shares at a range of HK$2.93-HK$4.00, that’s around $0.38-$0.51. If the full allocation sells at that top… Read More

from TechCrunch

 “When I was 17, I experienced erectile dysfunction.” My interviews with startup founders rarely start so candid. But to destigmatize the business of his new company Roman and empathize with customers, Zachariah Reitano is getting vulnerable. “I think in a good way I’ve become numb to the embarrassment” says 26-year-old Reitano. “I remember the embarrassment… Read More

from TechCrunch

 International remittances continues to be one of the biggest financial services in developing countries, with $450 billion getting sent from countries like the U.S. to emerging markets in 2017 alone, according to the World Bank. Now, one of the bigger startups using tech to take on Western Union, MoneyGram and other offline incumbents in the space is announcing a large round of funding to… Read More

from TechCrunch

 Cardlytics has been on file for IPO, multiple sources tell TechCrunch. The Atlanta-based marketing analytics business filed its confidential S-1 last year and has been trying to determine the best time to go public. One source with knowledge of the business says that part of the delay is related to potential partnerships that would put the company in a better position for a market debut,… Read More

from TechCrunch

 ForeScout Technologies saw its shares spike 16 percent during intraday trading after going public on Friday. After pricing at the top of the range at $22 per share, the stock was hovering above $25 midday. The Internet of Things security company also increased the size of its IPO and raised about $116 million after selling 5.3 million shares. Read More

from TechCrunch

 Singapore-based startup Carousell is in the money this week after it closed a Series C round of between $70-$80 million, two sources with knowledge of the deal told TechCrunch. Started by three graduates from the National University of Singapore in 2012, Carousell operates a mobile-first listings service for second-hand goods and services in Southeast Asia, Taiwan and Hong Kong. Prior to this… Read More

from TechCrunch

 There’s closure around one of the most curious tech deals out of India in recent times, but it isn’t the conclusion most will expect.
OYO Rooms, the budget hotel network that raised $250 million in September from SoftBank’s Vision Fund and hotel giant China Lodging, confirmed today that it didn’t buy out close rival ZO Rooms despite plenty of evidence suggesting it… Read More

from TechCrunch

 ForeScout Technologies, the Internet of Things security company, priced its security IPO at $22, the top of its proposed range. It also enlarged the size of the IPO to 5.3 million shares, meaning the company raised about $116 million in the offering.
ForeScout helps businesses and government agencies monitor the devices connected to their networks. It also alerts them of potential… Read More

from TechCrunch