This week in our Women in Comms roundup: Our very own Women in Comms lunch and speaker panel; turning the tables on gender stereotypes; female-run startups lagging in funding; and more. Interested in joining Women in Comms on our mission to champion change, empower women and redress the gender imbalance in the comms industry? Visit WiC online and get in touch to learn more about how you can become a member! Light Reading's Women in Comms non-profit made the news this week with our networking conference prior to the Big Communications Event in Austin, Texas.
Strikes have brought parts of France's oil industry to a standstill this week. Gas stations are running dry, lines are building at the pumps and people are hoarding fuel.
While we put the figurative closed sign on Disrupt NY just a few weeks ago, it’s never too early to start thinking about what’s next. Disrupt SF is still a few months away, but today we’re excited to announce that tickets to display in Startup and Hardware Alley at Disrupt are now available to purchase. Read More
A Entrepreneur.com article interviewing Karthik Prabhakar, Director - IDG Ventures, quotes Venture Intelligence data on the funding scenario in India:
"there have been 90 VC investments in Q1 worth $270 M+ compared to 120 investments in the same quarter of previous year (Source: Venture Intelligence). Hence, there is no real drastic slowdown in the early stage investments as such. "
Althea, a Korea-based company that exports and sells cosmetics and beauty products to Southeast Asia, has closed a $3.5 million Series A round for expansion. Read More
Snapchat Inc. has broadly expanded its shareholder base over the last year, going far beyond the few venture capitalists who bankrolled the Los Angeles firm when it was merely an app for sharing self-destructing photos. Now operating a complex social media app that teenagers can't seem to look away from, Snapchat added close to 120 investors and $1.3 billion in cash to its fold since last May. The figures come from a regulatory filing early Thursday.
A notorious character with prior run-ins with Vancouver Police briefly snatched a knife from a crime scene, but the cops aren't recommending charges. That's because the knife thief is believed to be Canuck the Crow, an infamous bird with a dedicated social media following and more than 12,000 Facebook fans.
Creema is the latest handmade marketplace in Asia to raise new funding. The Japanese startup announced this week (link via Google Translate) that it has received 1.1 billion yen (about $10 million) from Globis Capital Partners and returning investor KDDI Open Innovation Fund (the venture fund run by Japanese telecom KDDI). Read More
We had a quick peep into the Venture Intelligence Venture Capital Deals database to check on the Early Stage funding momentum in 2016. And noticed both Bad News and also Good News for Entrepreneurs seeking Early Stage capital.
The bad news first: 2016 has witnessed a consistent decline in the number of Series A rounds (ie, first round VC investments of typically $2 million or
This much-talked about Instagram photo wasn’t the only product of President Obama’s recent visit to Vietnam. The Southeast Asian country also cut access to Facebook while the head of the U.S. was on its soil. Read More