Tue.May 31, 2022

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Bonfire Ventures secures $230M for two new funds targeting B2B software startups

TechCrunch LA

Bonfire Ventures , a Los Angeles venture capital firm, invests in seed-stage business-to-business software companies and aims to change the odds so that more than the average 33% of companies in this sector make it to Series A. The firm seems to have some good traction so far. It says over 85% of its portfolio companies raise follow-on funding — a collective $1.15 billion — and its first fund is “ranked as one of the top 5% of VC funds globally,” while the second fund is in “the top 10% of their

Software 163
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Buy Now, Pay Later Service Affirm Is Teaming Up With Stripe

Tech.Co

The buy now, pay later service Affirm has just landed a new partnership with popular payments company Stripe. The deal opens up a large avenue for many more companies to use the service, given Stripe's ubiquity, and this in turn gives even the smallest companies a way to integrate buy now, pay later functionality with their in-store POS systems. It's also the latest in a spree of deals for Affirm.

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