Chinese online grocery apps Dingdong Maicai and Missfresh have filed to list shares in the U.S., as China’s tech giants fight for a slice of the country’s vast market. Previously, Sequoia Capital China-backed Dingdong Maicai has raised some $1.45 billion in private funding and was valued at $2 billion after its last round, while Tencent-baked Missfresh has raised some $2.16 billion and is...
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Creator Economy startups venture capital
VC Firm Torch Capital Raises Second $200 Million Fund
Torch Capital, an early-stage venture firm, raised $200 million for its second fund, The Information is first to report. The New York-based firm, which has $400 million in assets under management, has backed startups including investing platform Acorns, real estate company Compass and salad chain Sweetgreen. Its creator economy investments include Kyra, a video content studio that connects...
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