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Chinese eSports Provider VSPN Raises $60 Million To Expand Overseas

PYMNTS

Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser. That round was led by Tencent Holdings and joined by Tiantu Capital, Susquehanna International Group (SIG) and Kuaishou.

Nevada 180
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.

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Is Amazon Looking To Grow Medical Device Business?

PYMNTS

So, while many assumed these licenses could be used for drugs, Tanquilut said the timing could indicate Amazon is more interested in selling medical devices online. “[T]he RBC Capital Markets analyst George Hill said that the companies “needed to defend the business from encroachment by Amazon.”.

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15 Early-Stage Drone Companies To Watch

CB Insights

Headquarters: Reno, Nevada. Select Investors: Bessemer Venture Partners, Lowercase Capital, Menlo Ventures, Qualcomm Ventures. Select Investors: Lux Capital, Social Capital. Select Investors: Draper Associates, NASA, Pelion Venture Partners, Sherpa Capital. Select Investors: Lux Capital. Flyability.

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Uber of X: greenRush is The Uber of Cannabis

PYMNTS

One company that’s looking to capitalize on the cannabis market is startup on-demand delivery company greenRush. One of their biggest ventures was an online platform aggregating New Years Eve parties across the globe. We are the “Amazon” of Cannabis, the largest online marketplace in the world.

Las Vegas 140
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This Week In Insurance Tech: AIG Plans For Tech Investments, State Farm’s Smart Home Patent, Zesty.ai Opens AI Research Lab In Montreal

CB Insights

Eos Venture Partners and IQ Capital Partners also participated in the round. private equity round led by Long Arc Capital and BPI France. Talege , a Reno, Nevada-based digital insurance platform, raised a $5M Series A led by Merus Capital. Mutumutu , a Prague-based online life insurance provider, raised $1.3M

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PaySwag Helps Cloud Lending Solutions Go Mobile

Fintech Labs Insights

The company, which had been using the Cloud Lending Solutions platform to manage loans, saw a 50% decrease in “seriously delinquent loans” when the two platform were integrated. The company is based in Reno, Nevada, and was founded in October 2014. PaySwag was developed by auto lender and servicer Car Loans Inc.,

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