330m

Enterprise, Venture

“Telegram Secures $330M in New Capital via Bonds Offerings”

Telegram founder and CEO Pavel Durov said on his channel today that the company secured $330 million in investment through bond sales last week. “This bond offering was oversubscribed, and we were delighted to have global funds of the highest caliber with impeccable reputations as participants. The maturity for the bonds is either 2026 or when Telegram goes public, whichever is earlier. The chat app, which has more than 900 million users, issued bonds worth $210 million last year. Earlier this month, the company announced that personal users can convert their accounts to business accounts by paying a subscription fee.

Kira Kim
March 18, 2024

Venture

“Revitalizing Venture Capital: Inspired Capital Raises $330M Fund for a Fresh Approach”

Inspired Capital is celebrating its fifth birthday with the closing of its Inspired Capital Fund III with $330M in capital commitments. The New York-based early-stage venture firm was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker. They went on to raise $200 million for a debut fund and then $281 million for its second fund in 2021. “Venture capital, when properly deployed is actually the most powerful economic engine that the world has ever seen. As part of the new fund, Inspired Capital wrote a manifesto that highlights how the venture capital firm thinks, what it believes in and what it is looking for.