London-based ultrafast delivery startup Zapp has secured another $200 million of funding to continue expansion in Europe, including from an unlikely source – Formula One driver Lewis Hamilton. The seven-time world champion was among a group of more familiar names in Zapp’s Series B funding round, led by Lightspeed Venture Partners, 468 Capital and Broadlight Capital. The company did not...
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What Sequoia Should Have Said
I remember my jaw dropping last year when The Information’s Juro Osawa reported that Sequoia China was in talks to raise more than $8 billion in new funding from U.S. investors and others.I was baffled. I just couldn’t imagine that Sequoia, which had picked a slew of winners in the U.S. and China ranging from Google to Meituan, was going to continue to draw such inflows from the U.S. to its...
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