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Tech Cocktail

SportsManias Raises $3.5M in Series A Funding

sportsmanias

Miami startup SportsManias announced that it has raised $3.5 million in Series A funding. The funding will be use to continue revamping of SportsManias web platform and app, a source of news for sports fans. This round of funding follows a $1 million raise one year ago, bringing the company to a total of $4.5 million. According to… Read more »


Brazil’s Easy Taxi Raises $40M to Continue Global Expansion

easytaxi

Global startup Easy Taxi raised US$40 million in Series D funding led by the Russian Phenomen Ventures with the participation of German Tengelmann Ventures. Backed by Rocket Internet, the Brazilian taxi hailing app startup has expanded its services in Latin America, Africa, the Middle East, and Asia. In the last year alone, Easy Taxi has added 150,000 drivers to their network and completed rides in… Read more »




CoFounderLabs Merges With RockThePost to Create One-Stop Shop for Equity Crowdfunding 

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CoFoundersLab, the online matchmaking network that scientifically builds startup teams, is merging with investor crowdfunding portal RockThePost to create a one-stop shop for investors called OneVest. The platform will connect early stage startups with accredited investors, and it will have a diversified network of over 35,000 startup founders and over 15,000 investors. “Whenever we asked our community… Read more »


Behind the Scenes of an Accelerator

what happens in a startup accelerator

There are hundreds of accelerators in the US and the world, with more cropping up every day. We usually hear about the big venture successes and the notable failures emerging from these venture development firms’ programs. What we don’t hear much about is what happens once a company gets behind the doors of an accelerator,… Read more »



Australia’s Local Startup Scene Is Facing Challenges

australia startup scene

Cuts in Australia’s 2014-15 federal budget are making things look bleak for Australia’s local startup companies, who depend on funding from companies like Commercialisation Australia, which in the past has provided more than AU$200 million in startup funding but is now one of eight programs being cut from the budget. The Innovation Investment Fund, which connected… Read more »


How to Choose Your Board of Directors

How to choose board of directors

This post includes extra content from Startup Mixology, my upcoming book on starting up – including how to prepare yourself for the harsh reality and celebrate positive moments along the way. Go here to pre-order the book (due July 8) and subscribe to updates! If you raise funding, you’ll probably be required to form a board of directors. A… Read more »



Uber Raises $1.2 Billion in Funding at $17 Billion Valuation

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Cha-Ching…looks like Uber is joining the $17 billion Club.  The San Francisco-based black car service transportation announced today that it has raised $1.2 billion in a new financing led by Fidelity Investments.  Uber’s CEO Travis Kalanick confirmed the funding and valuation by saying that, “With our growth and expansion, the company has evolved from being a scrappy Silicon Valley… Read more »


Atlanta Tech Accelerator Flashpoint Raises Second Round of $1M fund

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Flashpoint, an Atlanta venture aimed at launching the next generation of tech startups, has raised its second $1 million fund. As reported today in Atlanta Business Chronicle, the Georgia Tech based accelerator has helped seed startups who have collectively raised more than $65 million from firms including Google Ventures, Kleiner Perkins and Andreessen Horowitz. With this new round of fund, Flashpoint plans to invests… Read more »


Miami-Based HealthCare.com Announces $2 Million in Funding

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HealthCare.com today announced that it raised a $2 million founders round of financing to launch an online health insurance search and comparison engine. The Miami-based startup provides solutions for consumers to compare, customize and save money on their healthcare plans. Currently, it has a list of 1.2 million listing profiles, and it attracts 1 million unique visitors… Read more »



Startup Jackpot Boston Leaves Startups with Valuable Advice and a Shot at Mass Challenge

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Last Saturday, the grassroots startup competition Startup Jackpot held an event at Boston’s WeWork South Station. Fifteen startups got the opportunity to pitch their businesses for a chance at a $4,300 cash prize, a final round interview with Mass Challenge, and a spot at accelerator Boost. The winner at Startup Jackpot Boston was Drinkwell, which… Read more »


Open English CEO Andres Moreno Hints at Potential IPO

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The co-founder and CEO of Open English, Andres Moreno, shared some of his personal experience in proving a concept and dealing with competition with Tech Cocktail’s Frank Gruber during the Miami Sessions event at Venture Hive. Open English has raised $130 million in funding to date, but Moreno reminded the entrepreneurs in the audience that in the… Read more »