2020 is starting off on a negative note for SoftBank-backed Rappi.
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Venture funding in Austin totaled $1.84 billion for the year. That鈥檚 up 19.5 percent compared to 2018 and 87 percent compared to 2017.
With backers such as a16z and GV, the startup鈥檚 mission is to develop patent-protected drugs that will cost less than similar medicines.
This afternoon, Crunchbase News obtained a letter from Zume CEO Alex Garden to his staff.
The bad news just keeps coming for SoftBank. Two more SoftBank-funded startups 鈥� Rappi and Oyo Hotels 鈥� are in the news for either confirmed or...
Procter & Gamble has announced plans to acquire the New York-based upstart for an undisclosed amount.
Already this week, two homebuying platforms announced big rounds as the real estate space continues its hot streak in 2020.
The round brings ClassPass' total known funding since it was founded in 2013 to $549 million.
The trend of historically bootstrapped companies who have been around for a while taking on large rounds of capital is picking up.
The Guild, an Austin-based hospitality startup aiming to bridge the gap between Airbnb and hotels, has closed on a $25 million Series B.聽
Although women remain underrepresented within leadership at VC firms, their numbers are increasing.
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