Fulcrum, which provides freelance placement opportunities for technical projects, raises $1 million

Fulcrum, which provides freelance placement opportunities for technical projects, raises $1 million

La Jolla, Calif.-based Fulcrum, a job placement company for technical projects, has raised $1 million in a seed round of funding from the local technology investment firm Greatscale Ventures along with several private co-investors, the company said. The company has what it calls a fully compliant service for hiring freelancers Read more…

VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

VTEX, an e-commerce platform used by Walmart, raises $140M led by SoftBank’s LatAm fund

E-commerce now accounts for 14% of all retail sales, and its growth has led to a rise in the fortunes of startups that build tools to enable businesses to sell online. In the latest development, a company called VTEX — which originally got its start in Latin America helping companies Read more…

San Diego-based Founders First Capital Partners gets $100 million for revenue-based fund

San Diego-based Founders First Capital Partners gets $100 million for revenue-based fund

Founders First Capital Partners, an accelerator and investment firm which provides revenue-based financing to businesses led by “underrepresented entrepreneurs” operating in underserved markets, has received a $100 million commitment to expand its operations. The San Diego-based investor raised the debt financing from Community Investment Management, a large debt-focused impact investment Read more…

WhatsApp’s latest feature, Catalogs, caters to small businesses skipping the web for mobile

WhatsApp’s latest feature, Catalogs, caters to small businesses skipping the web for mobile

WhatsApp is expanding the capabilities of its dedicated app for business owners who want to reach their customers on smartphones. The Facebook-owned company is today introducing a new “catalogs” feature to the WhatsApp Business app that will allow the businesses to showcase and share their products and services to potential Read more…

Modus

Trulia founder Pete Flint backs real estate startup Modus

The founders of Seattle-based Modus cold emailed Pete Flint, the founder of Trulia and a current managing partner at the venture capital firm NFX, for months to no avail. In a last ditch effort, Alex Day, Jai Sim and Abbas Guvenilir sent one more message to the investor who’s real Read more…

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Bosun Tijani talks strategy as CEO of Africa’s new largest tech hub

With CcHub‘s acquisition of iHub in September, Nigerian Bosun Tijani is at the helm of (arguably) the largest tech network in Africa. He is now CEO of both organizations, including their robust membership rosters, startup incubation programs, global partnerships, and VC activities from Nigeria to Kenya . One could conclude Read more…

Blair

New startup Capital wants to reintroduce founders to venture debt

Why raise venture capital when you can raise debt and keep your equity? That’s the question a whole slew of new financial technology companies are hoping entrepreneurs will ask themselves as they begin to think about collecting outside capital for their businesses. Clearbanc made waves with its “20-Minute Term Sheet” Read more…

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Morpheus Space’s modular, scalable satellite propulsion could be a game-changer for orbital industry

Building effective propulsion systems for satellites has traditionally been a highly bespoke affair, with expensive, one-off systems tailor-made to big, expensive spacecraft hardware. But increasingly, companies including startups are looking at ways to provide propulsion tech that can scale with the projected boom in demand for orbital satellites, including cube Read more…

Duffel raises $30M led by Index Ventures to disintermediate legacy travel platforms

Duffel raises $30M led by Index Ventures to disintermediate legacy travel platforms

Huge travel platforms that run airline booking systems like Sabre and Amadeus were invented eons ago and are so large and cumbersome that innovating with them is no easy feat. In the same way that challenger banks have come along to re-invent the banking software Starck, UK startup Duffel has Read more…