2023 Young Entrepreneur of the Year: Financial technology entrepreneur Maxwell Nicholson has a knack for DIY projects

2023 Young Entrepreneur of the Year: Financial technology entrepreneur Maxwell Nicholson has a knack for DIY projects

Source: Blossom Social Blossom is a social investing platform for new investors For someone under 30, Maxwell Nicholson has already lived a surprising number of lives. At the age of 13, he opened a cupcake shop in his hometown of Grand Forks, receiving media attention and acclaim. He later attended the University of Victoria, where …

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VCs no longer set DTCs

VCs no longer set DTCs

Direct-to-consumer brands, a core category of start-up investors a few years ago, have now largely disappeared from the ranks of funded companies. This year, American investors have put just over $130 million into companies at the intersection of e-commerce and consumer products, according to Crunchbase data. This means a 97% decrease compared to the peak …

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Atlanta-based insurance technology startup raised $10 million

Atlanta-based insurance technology startup raised $10 million

Layr, part of the insurance technology or insurtech companies segment, helps independent, private insurance agencies and brokers automate and digitize property, liability and casualty insurance for small businesses. Layr does not offer employee benefits insurance or personal lines such as homeowners or car insurance. This investment round was led by San Francisco-based Cota Capital, with …

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Rice University elects 11 Houston business leaders to new entrepreneurship council

Rice University elects 11 Houston business leaders to new entrepreneurship council

Rice University has named 11 successful business leaders with Houston ties to its inaugural entrepreneurship-focused council. According to the university, Frank Liu, a Rice graduate and founder of the Liu Idea Lab for Innovation and Entrepreneurship (Lilie) at Rice University, recruited entrepreneurs to the board, and each of them agreed to donate time and money …

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The role of banks and non-bank lenders in building more women entrepreneurs – News18

The role of banks and non-bank lenders in building more women entrepreneurs - News18

The rate at which women are taking up entrepreneurial roles is changing rapidly in India and how! Seventy-seven years of independence have meant that this development is not limited to first-class cities that have excellent business infrastructure, adequate amenities and more opportunities. Achieving Amrit Kaal Goals Women in Areas 2, 3 and 4 are also …

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RBCx hires former SVB employees to increase support for seed-stage and life sciences startups

RBCx hires former SVB employees to increase support for seed-stage and life sciences startups

RBC joins a growing list of Canadian banks to acquire talent from the now-defunct SVB Canada. The Royal Bank of Canada’s technology and innovation arm, RBCx, has hired four former Silicon Valley Bank (SVB) Canada employees, becoming the latest in a growing list of Canadian banks to poach employees from the collapsed tech financier. …

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Entrepreneurs in Bahrain will benefit from a new crowdfunding investment plan

Entrepreneurs in Bahrain will benefit from a new crowdfunding investment plan

RIYADH: Qatar’s non-oil private sector continued to maintain strong growth in October, with the country’s Purchasing Managers’ Index reaching 50.8 on improving business conditions. The latest Qatar Financial Center survey data, compiled by S&P Global, however, showed the newly released figure was down from the 53.7 recorded in September. Nevertheless, the overall increase has continued …

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Black entrepreneur famous for transportation company sells 2023 conference for women entrepreneurs – Black Enterprise

Global Power Tour Conference

By Editors of BLACK ENTERPRISE October 31, 2023 Originally reported blacknews.com Kristi Jackson-Muhammad, who once gained immense popularity thanks to her success as one of the first black women to own a transportation company, is also the visionary behind the 25th annual Global Power Tour conference for ambitious women entrepreneurs, which is officially sold out. …

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Zerodhas Nikhil Kamath invests in influencer Sharan Hegde’s start-up The 1% Club

Zerodhas Nikhil Kamath invests in influencer Sharan Hegde's start-up The 1% Club

Zerodhas Chief Investment Officer Nikhil Kamath has invested in finfluencers Sharan Hegde and Raghav Guptas’ startup, The 1% Club. The startup has secured Rs 10 crore pre-Series A funding from Gruhas, a venture capital firm co-founded by Kamath. Other investors included Abhijeet Pai of Puzzolana Group. The 1% Club represents a unique intersection of finance …

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CEO of Ozempic, Calibrate’s prescription startup, steps down as investors rapidly shrink the size of its consumer business

CEO of Ozempic, Calibrate's prescription startup, steps down as investors rapidly shrink the size of its consumer business

Calibrates founder and CEO Isabelle Kenyon is stepping down as CEO and will no longer oversee day-to-day operations. Carsten Snejbjerg Bloomberg/Getty Images; Calibrate Calibrate, the weight loss startup backed by Founders Fund and Tiger Global, is making changes to its management team as investors restructure the company, according to an investor letter, internal correspondence seen …

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