Top news of the week: 09.04.2023.
Former Disney Exec Kevin Mayer Looks to Double VC Fund Size to $1 Billion
Smash Capital, an investment firm co-founded by Disney veterans including Kevin Mayer, is seeking to raise as much as $500 million in fresh capital, according to two people familiar with ...
Saudi Arabia Discloses Ties to Andreessen Horowitz, Dozens of Other Venture Funds
For several years, venture capital firms have been cagey about whether they have raised money from Saudi Arabia, following the 2018 murder of Washington Post columnist Jamal Khashoggi in ...
AI startup Fourthline locks down $54M to bring better ID checks and compliance tools to the finance sector
As digital financial services become more advanced, so too do the efforts of malicious hackers and fraudsters to crack into those valuable systems — and so too do the efforts of regulators ...
Erin Foster, Sara Foster form Oversubscribed Ventures to invest in consumer tech
Oversubscribed Ventures is in the midst of raising a $20 million fund to invest in consumer technology and has made six investments so far.
Push Security raises $15M to help SaaS users lower their online vulnerability
Push Security's approach to security is not to block online activity and app usage, but to monitor when users make iffy choices with web-based apps.
Kaszek earmarks nearly $1B in new funds for Latin American startups
The São Paulo-based firm has backed over 120 companies since its 2011 inception, including Nubank, QuintoAndar, Gympass and Creditas.
New funding helps CarmaCare accelerate its ‘healthcare-for-your-car’ service
CarmaCare take over where traditional car insurance leaves off to provide an easier way to buy extended warranties for car repairs.
SEC charges founder of financial aid startup Frank with defrauding JPMorgan
Millennial founder Charlie Javice is accused of paying someone to misrepresent data to make her company more attractive to the ban