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New York Tech Investor Kevin Ryan Reveals the Best Time to Exit
Kevin Ryan, a prominent figure in New York City’s tech scene and the founder of investment firm AlleyCorp, shared his perspective on when startup founders should consider selling their companies. Known for his involvement with major companies such as DoubleClick, MongoDB, and Business Insider, Ryan emphasized that while there is no definitive formula for determining […]
Zap Energy closes $130M investment with support from Soros Fund and Emerson Collective
Zap Energy, a Washington-based startup focused on commercial fusion power, recently closed a $130 million funding round, with new investors including Soros Fund Management and Laurene Powell Jobs’ Emerson Collective. This brings Zap’s total funding to $327 million, according to PitchBook, placing it among the top four fusion startups in terms of investment. Zap Energy […]
Loco Sells Majority Stake to Redwood Amid Global Expansion Plans
UAE-based Redwood has acquired a majority stake in the Indian game streaming platform Loco, solidifying the firm’s plans to shift its focus to international markets. The $65 million deal also allows all existing Loco investors to exit their positions, marking a pivotal transition for the startup as it adjusts to new ownership. Loco, once valued […]
Alan raises $193M in Series F funding to hit $4.5B valuation
French health insurance startup Alan has raised €173 million (approximately $193 million) in a Series F funding round led by Belfius, one of Belgium’s largest banks. The deal, which also includes a distribution partnership, pushes Alan’s valuation to $4.5 billion. Existing investors, including Ontario Teachers’ Pension Plan (via Teachers’ Venture Growth), Temasek, Coatue, and Lakestar, […]
Indian Startup Oyo Buys Motel 6 for $525 Million
Oyo, one of India’s largest startups, has agreed to purchase G6 Hospitality, the operator of Motel 6, for $525 million in an all-cash transaction. The deal, which also includes G6’s Studio 6 extended stay brand, is expected to close in the fourth quarter of this year. Blackstone Real Estate, the current owner of G6 Hospitality, […]