Lowercase Capital related stories
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Microloan startup Tala snags $110 mln Series DTala, a microloan startup, has raised $110 million in Series D funding, according to a blog post https://tala.co/blog/2019/08/21/tala-raises-110m-series-d-to-accelerate-financial-agency-for-all/ on its site. RPS Ventures led the round with participation from other investors that included GGV Capital, IVP, Revolution Growth, Lowercase Capital, Data Collective VC, ThomVest Ventures and PayPal Ventures. In addition to the funding, Kabir Misra, founding general partner at RPS Ventures, has been added to Tala’s board of directors.
- Commonwealth Fusion Systems rakes in $115 mln Series A
Cambridge, Massachusetts-based Commonwealth Fusion Systems, a fusion energy startup, has raised $115 million in Series A funding. The investors included Future Ventures, Khosla Ventures, Lowercase Capital, Moore Strategic Ventures, Safar Partners, Schooner Capital and Starlight Ventures.
- Commonwealth Fusion Systems rakes in $115 mln Series A
Cambridge, Massachusetts-based Commonwealth Fusion Systems, a fusion energy startup, has raised $115 million in Series A funding. The investors included Future Ventures, Khosla Ventures, Lowercase Capital, Moore Strategic Ventures, Safar Partners, Schooner Capital and Starlight Ventures.
Canadian VC begins 2019 with heft as top Q1 deals raise $667 mlnAfter nine straight years of growth, Canada’s venture capital market showed no signs of slowing down in early 2019. The top 10 first-quarter VC financings drew $667 million from VC funds. While that’s down 28 percent from the $923 million raised by the top 10 deals a year earlier, it exceeds first-quarter results in other recent years. The estimate is based on PE Hub Canada’s list of the largest rounds announced from January through March, supplemented by preliminary data from Refinitiv. It suggests that despite increasing market uncertainty, trends in early 2019 reflect many of the same factors that drove soaring Canadian VC investment activity last year.
- Brightwheel fetches $21 mln Series B
San Francisco-based Brightwheel, a provider of management and communication software for early education, has raised $21 million in Series B financing. Bessemer Venture Partners led the round with participation from Omidyar Network, Chan Zuckerberg Initiative, Eniac Ventures, GGV Capital, Golden Venture Partners and Lowercase Capital.
- Stensul raises $7 mln Series A
New York City-based Stensul Inc, a technology company focused on email marketing, has closed $7 million in Series A funding. Javelin Venture Partners led the round with participation from Arthur Ventures, First Round Capital, Uncork Capital, Lowercase Capital and Scott McCorkle, former President of ExactTarget.
- Financial services provider Tala raises $65 mln to fuel expansion
Santa Monica, California-based Tala, maker of a smartphone app that provides credit scoring, lending and other personalized financial services for underserved consumers, has raised a $50 million Series C round led by Revolution Growth. Others participating in the round include existing investors IVP, Data Collective, Lowercase Capital, Ribbit Capital and Female Founders Fund. The company, founded by CEO Shivani Siroya in 2011, also recently raised an additional $15 million in debt as it aims to grow its business in Mexico and India. Tala has now raised a total of $105 million in financing. As part of the latest investment, Steve Murray, managing partner at Revolution Growth, has joined the board.