Tag: investment

Repost: BlaBlaCar Raises A Massive $100 Million Round To Create A Global Long Distance Ride-Sharing Network

In what is the largest VC round in a French startup of all time, BlaBlaCar just raised a $100 million round led by Index Ventures, with existing investors Accel Partners,ISAI and Lead Edge Capital also participating in the round. Previously, Deezer raised a $130 million round from Warner Music Group’s owner Access Industries, but it wasn’t VC money per se. Read the story on TechCrunch. (Photo… Read more

Meet the Investors of the Collaborative Economy

Heavy funding has propelled growth in the collaborative economy, and key trends have begun to emerge among investors in the growing space. A study of 200 startups indicated that 37% had been funded, raising an average of $29m—a high amount for such an early market that will certainly attract additional funding as it heats up…. Read more

SCMP: HK CAR-SHARING START-UP FINDS FUNDING

“Christopher Yeung and his team said last Friday that they needed investment of HK$620,000 to help get their start-up, Carshare.hk off the ground. On Saturday, they made a small dent in that when they were handed a cheque for HK$20,000. Their sales pitch was voted the best of three by guests at a start-ups conference in Tin… Read more