Poseida Therapeutics Snares $142M in Series C
SAN DIEGO, CA, Clinical-stage biopharmaceutical company has raised $142 million in Series C.
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Author: dumbcapital
India’s ZestMoney raises $20M to grow its digital lending service
Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20 million Series B. The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in…
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Theranos’ Holmes seeks ‘exculpatory’ evidence from federal agencies in criminal case
Theranos founder Elizabeth Holmes’ legal team is trying to obtain documents from federal agencies that would help clear her of wrongdoing in her criminal fraud case, a member of her defense team said Monday. Holmes, the disgraced former CEO of the defunct blood-testing startup, and former Theranos president Sunny Balwani are charged with felony conspiracy…
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Smartcar accuses $50M-funded rival Otonomo of API plagiarism
Ruthless copying is common in tech. Just ask Snapchat. However, it’s typically more conceptual than literal. But car API startup Smartcar claims that its competitor Otonomo copy-and-pasted Smartcar’s API documentation, allegedly plagiarizing it extensively to the point of including the original’s typos and randomly generated strings of code. It’s published a series of side-by-side screenshots…
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Corporations and private investors are backing new ‘green’ deals as climate worries mount
In the nine years since private equity and venture capital investments into sustainable technologies last crossed the $6 billion threshold, the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have…
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