Investment
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Some Shareholders of Divvy Homes May Lose Out on $1 Billion Sale
The $1 billion sale of rent-to-own startup Divvy Homes to Brookfield Properties is drawing scrutiny as some shareholders may walk away with nothing. Announced Wednesday, the acquisition comes as the proptech industry continues to grapple…
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Shift4Good Completes Its First Closing Of Over $98-Milllion In Its Latest Impact VC Fund
Impact investment fund Shift4Good is a Singapore and Paris-based sustainable mobility venture capital (VC) firm. The firm has attracted $98 million in the first close of its latest impact fund. The VC firm confirmed the…
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Singapore-Based Interior Design Unicorn Livspace Sets Aside $100m For Strategic Acquisition
Interior design unicorn Livspace has announced that it will set aside $100m for its expansion plans in India, Singapore, Malaysia, and the Middle East. According to the company’s announcement, the funds will go towards incubating…
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Japan-based B2B platform JOSYS secures $32 Million Series A for its SaaS management platform
Josys, Japan headquartered B2B platform, has raised $32 Million in a Series A investing round. The round was led by Global Brain Corporation, ANRI, Yamauchi-No.10 Family Office, Office Holdings, World Innovation Lab, and other venture…
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Softbank Warns Of Longer Startup Winter Due To Unicorn Founders Unwilling To Cut Valuations
Softbank Group has recently reported a quarterly loss of more than $23 billion. The company said this net loss in the June quarter “was recorded mainly due to the monetization of investments in public portfolio…