Austin-based iFly.vc closes $46M second fund from legendary tech founders

To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the first hire on the investment team of Formation 8, the VC firm...

Amount raises $99M at a $1B+ valuation to help banks better compete with fintechs

Amount, a company that provides technology to banks and financial institutions, has raised $99 million in a Series D funding round at a valuation of just over $1 billion. WestCap, a growth equity firm founded by ex-Airbnb and Blackstone CFO Laurence Tosi, led the...

SpaceX is aiming to fly the first all-civilian human space mission by the end of 2021

SpaceX has announced its first all-civilian private spaceflight mission, a high-priced galactic tourism launch that it hopes to fly by the fourth quarter of 2021. The mission, which will use SpaceX’s Dragon crew spacecraft and its Falcon 9 rocket, will include...

Bumble balances gender representation of C-suite with two new hires

Women-friendly dating and networking app Bumble announced today it’s expanding its C-suite with two new hires: Anu Subramanian as Bumble’s chief financial officer, who hails from Univision, and Selby Drummond as chief brand officer, who is joining from...

Sunrun’s $3.2 billion Vivint Solar bid challenges Tesla’s energy ambitions

Tesla’s 2014 acquisition of SolarCity turned the electric vehicle manufacturer into the undisputed largest player in residential solar, but that lead has steadily eroded as its major competitor, Sunrun, surged ahead with more aggressive plans. Now with the $3.2...