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Team8 raises $365m
$265 million will go to Team8’s third fund, which has already made an exit, and $100 million will be allocated to follow-on investments in existing portfolio companies.
The rise and fall of StreamElements
“Globes” charts the demise of Israeli influencer sponsorship platform StreamElements, which raised $115 million during the Covid pandemic but has now sold its assets for a small fraction of this sum.