October 14, 2019

The Vision Fund era is nearly over

SoftBank CEO Masayoshi Son is reportedly considering changing the focus of the Vision Fund away from startups hellbent on growth to companies with clearer pathways to profitability and public offerings. If so, such a shift would mark the end of the SoftBank era of the current tech investment boom.

Nike nabs TraceMe

Nike, typically not an active startup acquirer, broke out of the mold by confirming its purchase of Seattle-based TraceMe, an app for fans to engage with sports stars, and the company behind Tally, an online platform for interacting around sporting events.

Texas caps a sluggish Q3 with big rounds

The third quarter was a slow one for Texas startups raising fundings. But things jumped into high gear this month, as Austin startups raised more last week than Texas companies combined raised in all of Q3.

Oakland sees more startup funding

Oakland, with its close proximity to San Francisco, coupled with a transit-friendly downtown and slightly lower costs, is an increasingly popular choice for scaling startups. Still, the city is not rich in unicorns, and funding lags many smaller municipalities in the region.

Seed Series: Katie Rae of The Engine

The latest installment in the Crunchbase Seed Series features an interview with Katie Rae, CEO of The Engine, a $205 million fund spun out of MIT that seeks to back startups looking to solve really big problems through technology.

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Crunchbase Pro: Searches and Lists

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Celebrities in Crunchbase Identifiers 189
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Recent Investments

Fundament Group

6.7B EUR / Corporate Round

Fundament Group democratizes access to financial investments and offers a regulated real estate crypto token.

Categories:

Blockchain • Cryptocurrency • Financial Services • Real Estate

Founders:

Florian Glatz, Robin Matzke, Thomas Ermel

Investors:

Bauwens Digital (Lead)

Xforceplus

$100M / Series C

Xforceplus is an enterprise SaaS company that specializes in development and application of industry solutions.

Categories:

Cloud Computing • Enterprise Software • SaaS

Founders:

Yun Wu

Investors:

Temasek Holdings (Lead), Eastern Bell Capital, Hillhouse Capital Group

Tsign

$100M / Series C

Tsign is a professional electronic signature service provider.

Categories:

E-Signature • Electronics • Professional Services

Founders:

Cheng Liang, Hongzhou Jin

Investors:

Ant Financial (Lead), Eminence Ventures, Gobi Partners

More Fundings

Company Amount / Round Lead Investor
Alfilo Brands $16M / Series A Sequoia Capital China
Mogrify $16M / Series A Ahren Innovation Capital
Kuandeng 100M CNY / Series A Yihang Funds
XOR.ai $8.4M / Seed Round SignalFire
Florence $7.1M / Series B Fulcrum Equity Partners
All Recent Funding Activity

Recent Acquisitions

Simsbury Bank

Pending acquisition by Liberty Bank for $71M

More Acquisitions

Company Acquired By Amount
TraceMe Nike Unknown
Cornershop Uber Unknown
All Recent Acquisition Activity

Upcoming Tech Events

Microsoft Ignite 2019

November 4 - 8, 2019 in Orlando

Microsoft Ignite learns innovative ways to build solutions as well as migrate and manage your infrastructure.

More Events

Start Date Event Location
Oct 15, 2019 Zoomtopia 2019 San Jose
Oct 23, 2019 Rakuten Optimism 2019 San Francisco
Nov 14, 2019 2019 HealthTECH Startup Competition Chicago
Nov 28, 2019 Toronto 2019 Venture Capital World Summit Toronto
More Upcoming Events

Demo Days

Start Date Event Location
Dec 12, 2019 IoT Forum on Smart Home Sunnyvale
Jan 29, 2020 Digital Transformation in Sports Summit San Francisco
More Upcoming Demo Days

Accelerator Deadlines

Date Accelerator Location
Nov 14, 2019 CyRise Melbourne
Nov 15, 2019 Cisco LaunchPad Bangalore
More Upcoming Deadlines
Don’t see your event? Reach out to us at events@crunchbase.com.

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