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Car-sharing startup Getaround raises $300m in SoftBank-led round

August 22, 2018

Car-sharing startup Getaround Inc has raised about $300 million in the latest funding round led by Japan’s SoftBank Group Corp, the San Francisco-based firm said on Tuesday. Toyota Motor Corp and some other existing investors were also part of the Series D funding round, Getaround said. The company, founded in 2013, has been operating its car-sharing service in 66 U.S. cities including San Francisco, Chicago and Washington D.C. The company said it will use the latest funding to expand in North America and around the world and to develop partnerships with automakers.

Read more at: https://www.dealstreetasia.com/stories/car-sharing-getaround-softbank-105214/

 

 

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Series A, B, C, D, and E Funding: How It Works

As Startups.co and Fundable founder Wil Schroter likes to says, “There’s not a lot of ‘fun’ in funding.”

Raising equity funding for your startup is a long, difficult, and often demoralizing process. However, if you’re successful, you walk away with money that will help your startup grow and become everything you hope it could become.

One of the major challenges that founders run across is that raising a round often takes more time than they expected. While a founder might know that your startup is excellent, convincing other people to invest thousands — and potentially millions — of dollars into their company is not a simple task.

Check out the full article here:

Series A, B, C, D, and E Funding: How It Works

 

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Circle has raised another $110 million — at a nearly $3 billion valuation — in one of the largest rounds yet for a crypto startup

Circle launched four years ago as a sort of “bitcoin for dummies” wallet and payments service. Since then, it has ridden the highs and lows of the bitcoin and cryptocurrency markets, expanding internationally and acquiring its own crypto exchange, Poloniex, earlier this year for around $400 million.

Now it is launching a new product aimed at addressing one of the biggest issues of the crypto world: Its instability. The company is also launching a new “USD Coin” tied to the value of the U.S. dollar.

Check out the full article here:

Circle has raised another $110 million — at a nearly $3 billion valuation — in one of the largest rounds yet for a crypto startup

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Robinhood rides to $5.6B valuation after raising $363M in new funding

Robinhood Markets Inc. is a mobile-based trading application that allows investors to buy and sell stocks and virtual currencies.

On Thursday said it has raised $363 million in new funding to help it expand beyond its no-fee stock trading roots to become a full-fledged consumer finance company.

The valuation of the business, which moved its headquarters from Palo Alto to Menlo Park this year, soared more than fourfold to $5.6 billion in the Series D round. The latest funding comes about a year after Robinhood was valued at $1.3 billion in a Series C round.

Check out the full article here:

Robinhood rides to $5.6B valuation after raising $363M in new funding