Tiger Global is raising a new $3.75 billion venture fund, one year after closing its last – ITPro.works

According to a recent letter sent to its investors, Tiger Global Management, the New York-based investing powerhouse, is raising a new $3.75 billion venture fund called Tiger Private Investment Partners … Read More

Indonesian investment platform Ajaib gets $25 million Series A led by Horizons Venture and Alpha JWC – ITPro.works

Ajaib Group, an online investment platform that says it now runs the fifth-largest stock brokerage in Indonesia by number of trades, announced it has raised a $25 million Series A … Read More

The Amazon-Berkshire Hathaway-JPMorgan healthcare joint venture is officially ending – ITPro.works

A somewhat nebulous, but high-profile and potentially heavily moneyed joint venture is coming to an end: Haven, the JV created by Amazon, Berkshire Hathaway and JPMorgan Chase, is being “disbanded” … Read More

BadVR is using government grants to build a business that’s independent of venture capital – ITPro.works

When the Los Angeles-based extended reality data visualization company, BadVR, first heard that one of its earliest benefactors, Magic Leap, was about to shed 1,000 jobs and was fighting for … Read More

The venture firm SOSV has hired former ITPro.works COO Ned Desmond to help grow its startups – ITPro.works

Ned Desmond, a longtime publishing executive who spent more than half a dozen years at Time Inc. before becoming the chief operating officer of both ITPro.works and Engadget for more … Read More

Health tech venture firm OTV closes new $170 million fund and expands into Asia – ITPro.works

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm … Read More

As e-bikes boom, FuroSystems raises its first venture funding round ahead of a new model launch – ITPro.works

With COVID-19 making commuters switch to bikes, and cities wanting cleaner air, the e-bike revolution is only just getting started. Further evidence of this is the news that today British … Read More

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