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Quadric.io raises $15M to build a plug-and-play supercomputer for autonomous systems

Quadric.io, a startup founded by some of the folks behind the once-secretive bitcoin mining operation “21E6,” has raised $15 million in a Series A round that will fund the development of a supercomputer designed for autonomous systems.   The round was led by automotive Tier 1 supplier DENSO and its semiconductor products arm NSITEXE, which will also […]
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Instagram’s IGTV copies TikTok’s AI, Snapchat’s design

Instagram conquered Stories, but it’s losing the battle for the next video formats. TikTok is blowing up with an algorithmically suggested vertical one-at-a-time feed featuring videos of users remixing each other’s clips. Snapchat Discover’s 2 x infinity grid has grown into a canvas for multi-media magazines, themed video collections and premium mobile TV shows. Instagram’s […]

In-car commerce startup Cargo extends Uber partnership to Brazil

Cargo, the startup that brings the convenience store into ride-hailing vehicles, is making its first international expansion through an exclusive partnership with Uber in Brazil. Uber drivers in São Paulo and Rio de Janeiro will now be able to sign up for Cargo and potentially earn additional income by selling products to passengers during their […]

MIT and US Air Force team up to launch AI accelerator

The Pentagon is one of the largest technology customers in the world, purchasing everything from F-35 planes (roughly $90 million each) to cloud services (the JEDI contract was $10 billion). Despite outlaying hundreds of billions of dollars for acquisitions though, the Defense Department has struggled to push nascent technologies from startups through its punishing procurement […]

Robin picks up $20 million Series B to optimize the office

Robin Powered, a startup looking to help offices run better, has today announced the close of a $20 million Series B funding. The round was led by Tola Capital, with existing investors Accomplice and FirstMark participating in the round, along with a new strategic Allegion Ventures. Robin started as part of an agency called One […]

Clinc raises $52M Series B as it marches toward IPO

Ann Arbor, Mich.-based Clinc is today announcing a $52 million Series B. The company behind the conversational AI platform netted cash from Insight Partners, DFJ Growth, Drive Capital, Hyde Park Venture Partners and others. This round of financing brings Clinc’s total amount of funding to $60 million and will help Clinc scale its conversational AI […]

Myneral.me wins the TechCrunch Hackathon at VivaTech

It’s been a long night at VivaTech. The building hosted a very special competition — the TechCrunch Hackathon in Paris. Hundreds of engineers and designers got together to come up with something cool, something neat, something awesome. The only condition was that they only had 36 hours to work on their projects. Some of them […]

Starbucks’ Chinese nemesis surges 20% in public debut

Shares of Luckin Coffee jumped 20% in its first day of trading on the Nasdaq stock market. After opening at $17.00, shares of the Chinese Starbucks competitor climbed as high as $25.96, or more than 50%, before settling back down to $20.38 at the market’s close. The company has a market cap north of $5 […]

Credder offers Rotten Tomatoes-style ratings for the news

In an age of online misinformation and clickbait, how do you know whether a publication is trustworthy? Startup Credder is trying to solve this problem with reviews from both journalists and regular readers. These reviews are then aggregated into an overall credibility score (or rather, scores, since the journalist and reader ratings are calculated separately). So […]

Under the hood on Zoom’s IPO, with founder and CEO Eric Yuan

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Kate Clark sat down with Eric Yuan, the founder and CEO of video communications startup Zoom, to go behind the curtain on the company’s recent IPO process and its path […]

Postmates CEO Bastian Lehmann is coming to Disrupt SF

It’s a busy time for Postmates . The logistics and delivery company is prepping for its IPO on the back of a fresh $100 million raise in February. However, founder and CEO Bastian Lehmann is still carving out some time from his schedule to join us at Disrupt San Francisco in October. Before Postmates, Lehmann […]

Retail Zipline raises $9.6M from Emergence and Serena Williams

Retail Zipline, a startup aiming to improve communication between retail stores and corporate decision makers, announced today that it has raised $9.6 million in Series A funding. CEO Melissa Wong previously worked in corporate communications for Old Navy, where she said she saw “such a disconnect between what was decided in headquarters and what was […]

Verified Expert Brand Designer: Milkinside

Gleb Kuznetsov refuses to settle for less. After spending years leading product design for startups and corporate clients, Gleb started a boutique branding agency, Milkinside, that helps clients translate new technologies into useful products. Gleb and his team of experienced creators are committed to serving the end user, which is why they love taking products […]

MultiVu raises $7M seed round for its next-gen 3D sensor

MultiVu, a Tel Aviv-based startup that is developing a new 3D imaging solution that only relies on a single sensor and some deep learning smarts, today announced that it has raised a $7 million seed round. The round was led by crowdfunding platform OurCrowd, Cardumen Capital and Hong Kong’s Junson Capital. Tel Aviv University’s TAU […]

OpenFin raises $17 million for its OS for finance

OpenFin, the company looking to provide the operating system for the financial services industry, has raised $17 million in funding through a Series C round led by Wells Fargo, with participation from Barclays and existing investors including Bain Capital Ventures, J.P. Morgan and Pivot Investment Partners. Previous investors in OpenFin also include DRW Venture Capital, […]

Mobile ticketing company TodayTix raises $73M in new funding

TodayTix, a mobile ticketing company that makes it easy and relatively affordable to go to Broadway shows and other live performances, is announcing a new $73 million round of funding led by private equity firm Great Hill Partners. Founded in 2013, the company initially served as the mobile equivalent of New York’s TKTS booths for […]

Measured promises a smarter approach to ad attribution

Measured is giving advertisers a new way to determine whether their ads are actually working. Many of those advertisers currently rely on multi-touch attribution, an approach designed to measure how each channel and each ad contributed to a purchase decision. In fact, that’s what Measured CEO Trevor Testwuide offered at his last startup, Conversion Logic. But […]

American Express is acquiring Resy

American Express has today announced its intentions to acquire Resy, the CRM and reservation platform based out of New York. The terms of the deal were not disclosed. Resy launched back in 2014 as a platform that allowed users to buy reservations from restaurants in situations where they’d usually have to book months in advance. […]

Innowatts raises $18 million for its energy monitoring toolkit for utilities

Innowatts, an automated toolkit for energy monitoring and management targeting utilities, has raised $18.2 million in a new round of funding from investors led by Energy Impact Partners . Previous investors Shell Ventures, Iberdrola and Energy and Environment Investment participated along with another new investor, Evergy Ventures. As utilities respond to new, renewable power coming […]

D2C underwear brand TomboyX raises $18 million from Craftory

TomboyX, a direct to consumer, gender-neutral underwear brand, has today announced the close of an $18 million Series B funding round led by Craftory. With this deal, Craftory becomes TomboyX’s majority shareholder. TomboyX develops gender-neutral, size-inclusive underwear at a relatively affordable price point. The company started when co-founder Fran Dunaway struggled to find herself a […]

Verified Expert Brand Designer: Phil Weiner

As a former entrepreneur turned independent designer, Phil Weiner gets the startup life. He often describes himself as a second co-founder for his clients, unafraid of 2AM phone calls and prepping pitch decks for investors. He’s a “full stack” creative director based in Oakland, CA with a passion for tackling cultural tension. Learn more about […]

Coinbase expands USDC stablecoin support to 85 countries

Cryptocurrency exchange Coinbase is ramping up stablecoin support around the world. Customers can now trade USD Coin (or USDC for short) in 85 countries — USDC support was only available in the U.S., excluding New York. You can trade USDC on both Coinbase and Coinbase Pro. The company has been aggressive when it comes to […]

Tempo Automation raises $45M Series C for its turnkey circuit board manufacturing solution

Tempo Automation, a San Francisco-based startup that helps shorten the time from prototype to production for electronics manufacturers, announced today that it has raised a $45 million Series C led by returning investor Point72 Ventures. The round also includes new investor Lockheed Martin and existing investors Lux Capital and Uncork Capital. The company’s turnkey solution […]

EV startup Rimac scores $90M investment from Hyundai and Kia

Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal includes “a strategic partnership to collaborate on […]

Healthcare booking platform DocPlanner scores €80M Series E

DocPlanner, the Poland-founded healthcare booking platform that now processes 1.5 million bookings every month globally, has closed €80 million in Series E financing. The round is led by One Peak Partners and Goldman Sachs Private Capital, with existing investors Piton Capital and ENERN Investments also participating, and brings total raised to date to around €130 […]

Pleo, the multi-card business spending platform, closes $56M Series B

Pleo, the Danish fintech that offers a “business spending platform” that lets companies easily issue employees with cards and manage expenditure, has raised a hefty $56 million in Series B funding. Leading the round is Stripes, the New York-based growth fund, with participation from existing investors, Kinnevik, Creandum and Founders. I understand that the new […]

As a founder, I mistook my work for self-worth

These days, most days are good days. My clients are founder and executives, I set my own schedule, and I live in a city I love. As an executive coach and advisor, I work with founders and CEOs of companies who have raised more than $100M. Like any enterprise, it’s taken a lot of building, planning, and failing for me to get where I am.

India’s most popular services are becoming super apps

Truecaller, an app that helps users screen strangers and robocallers, will soon allow users in India, its largest market, to borrow up to a few hundred dollars. The crediting option will be the fourth feature the nine-year-old app adds to its service in the last two years. So far it has added to the service […]

Alibaba-backed facial recognition startup Megvii raises $750 million

One of China’s most ambitious artificial intelligence startups, Megvii, more commonly known for its facial recognition brand Face++, announced Wednesday that it has raised $750 million in a Series E funding round. Founded by three graduates from the prestigious Tsinghua University in China, the eight-year-old company specializes in applying its computer vision solutions to a […]

Pass-Through Businesses Discussed

Pass-through businesses are the dominant business structure in America. Pass throughs file more tax returns and report more business income than C corporations. Pass-through businesses are not subject to the corporate income tax, but instead report their income on the individual income tax returns of owners. This blog will address some frequently asked questions about […]

Daye, a startup developing a ‘cramp-fighting’ tampon, raises $5.5M from Khosla, Index and Kindred

Daye, a “femcare” startup developing a new type of tampon that uses CBD to help tackle dysmenorrhea, has quietly raised $5.5 million in funding from high-profile investors in the U.S. and Europe, TechCrunch has learned. Backing the seed round is Silicon Valley’s Khosla Ventures, along with London’s Index Ventures and Kindred Capital. The investment sees […]

Against the Slacklash

Such hate. Such dismay. “How Slack is ruining work.” “Actually, Slack really sucks.” “Slack may actually be hurting your workplace productivity.” “Slack is awful.” Slack “destroys teams’ ability to think, plan & get complex work out the door.” “Slack is a terrible collaboration tool.” “Face it, Slack is ruining your life.” Contrarian view: Slack is […]

Clean.io raises $2.5M to fight malicious advertising

Existing approaches to blocking malicious advertising aren’t working — at least according to digital ad veteran Seth Demsey. That should resonate with anyone who’s ever encountered an ad that immediately redirected them to a website filled with annoying gift card offers. And it’s the issue that the startup Demsey co-founded, clean.io, is working to address. Today, […]

Docpack offers a simple, enterprise-friendly way to share documents

Docpack is offering businesses a simple way to share their documents — particularly with customers at large enterprises that may block services like Dropbox or Google Drive. Founder and CEO Rurik Bradbury said he encountered this issue while serving as the head of conversational strategy at LivePerson (he’s also been an executive and/or co-founder at […]

Verified Expert Brand Designer: Base

Base coined the term “blanding,” but the international branding agency is anything but boring. With clients ranging from AI startup Rival Theory to e-commerce company Kidbox, Base leverages its broad portfolio of clients and designers from all around the world to help startups develop their individual personas. As they celebrate their 20th anniversary this year, […]

SaaS management startup Intello scores $2.5 million extended seed

Intello, the New York City-based SaaS management platform, announced a $2.5 million extended seed round today, along with some product enhancements. The round was led by Resolute Ventures . Harrison Metal and Magnetico Ventures also participated, along with various individual angel investors, including Zane Lackey from Signal Sciences, Chris Smoak from Atrium and Zach Sherman […]

Uber begins trialing e-bikes and bicycles rides in India

Uber has partnered with bicycle sharing platform Yulu in India as it looks to grab a piece of the growing e-bikes market that is increasingly posing a challenge to taxi services in the nation. The San Francisco-headquartered firm, which is expected to go public later this week, said it will provide its users in Bengaluru with […]

HeyJobs, a ‘talent acquisition’ platform out of Berlin, raises $12M Series A

HeyJobs, a three-year-old Berlin startup that helps large employers scale recruitment, has raised $12 million in Series A funding. The round is led by Notion Capital, with participation from existing investors Creathor Ventures, Rocket Internet’s GFC and newly re-branded Heartcore Capital. Founded in 2016 and launched the following year, HeyJobs aims to tackle the recruitment […]

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new exchange-traded fund (ETF) product focused on the […]

India’s edtech startup CollegeDekho raises $8 million to connect students with colleges

Indian edtech startup CollegeDekho, which helps students connect with prospective colleges and keep track of exams, has raised $8 million in a Series B round. The new financing round for the four-year-old Gurgaon-based startup was led by its parent company GirnarSoft Education and London-based private equity investor Man Capital, which also participated in the startup’s […]

Nokia Chairman Risto Siilasmaa backs machine learning startup Aito.ai

Aito, a Helsinki-based machine learning startup that is developing “predictive database” technology, has raised €1 million in pre-seed funding, including from Nokia Chairman Risto Siilasmaa (via his investment company First Fellow Partners). Others backing the round are Hermitage and UMO Capital, with funding from Business Finland. Previous Aito investors include Futurice and the company’s own […]

Verified Expert Brand Designer: Kristine Arth

After spending a decade working at international design and branding agencies, Kristine Arth launched her own independent branding agency called Lobster Phone last April. Since then, she’s launched 22 brands under her unofficial tagline “I don’t sleep.” Lobster Phone, however, is all about creating iconic brands with bold personality, which Kristine passionately delivers to her […]

K-Zen Beverage, a nascent cannabis-infused drink brand, has raised $5 million in seed funding

There’s a new cannabis-infused drink company coming together, helped along by the venture firm DCM, which just plugged $5 million in seed funding into the company. Called K-Zen Beverages, the months-old startup represents the second cannabis-related investment for DCM after Eaze, the on-demand cannabis delivery platform. So what’s the appeal? The opportunity to unlock a […]

Tencent promises its technology will ‘do good’

Tencent, one of Asia’s most valuable companies with a current market cap of around $460 billion, has introduced a new motto after co-founder and CEO Pony Ma said this week he wanted “tech for good” to be part of the company’s vision and mission in the future. The company has not yet officialized the new […]

Where top VCs are investing in media, entertainment & gaming

Most of the strategy discussions and news coverage in the media and entertainment industry is concerned with the unfolding corporate mega-mergers and the political implications of social media platforms. These are important conversations, but they’re largely a story of twentieth-century media (and broader society) finally responding to the dominance Web 2.0 companies have achieved. To […]

Twitter gives Retweets an upgrade

Twitter is finally letting you do more with Retweets. In a small but useful update rolled out today, Twitter will now allow users to add a photo, video or GIF to a Retweet, instead of only text. The feature is live today on iOS, Android and Twitter’s mobile website. Though a seemingly minor upgrade, the […]

Where top VCs are investing in media, entertainment & gaming

Most of the strategy discussions and news coverage in the media and entertainment industry is concerned with the unfolding corporate mega-mergers and the political implications of social media platforms. These are important conversations, but they’re largely a story of twentieth-century media (and broader society) finally responding to the dominance Web 2.0 companies have achieved. To […]

How tech entrepreneurs think of Universal Basic Income

As tech has grown, policy debates have become an important pastime. Today’s tech industry aspires to replace human drivers with self-driving cars, secretaries with AI assistants, permanent jobs with gigs — and as a result, the human impact of tech has become an everyday conversation. No other idea is as emblematic of this as Universal […]

Why you don’t want Tumblr sold to exploitative Pornhub

Tumblr has been squandered ever since it was bought for $1.1 billion in 2013 by Yahoo, now part of Verizon Media Group. Without proper strategy or talent, the blogging tool and early meme-sharing network fell into decline while Medium and Instagram soared. Yahoo wrote down Tumblr’s value by $230 million in 2016. Then last year, […]

Asto, the bookkeeping app from Santander, adds invoice financing for freelancers and SMEs

Asto, the Santander-owned “upstart” developing financial tools for freelancers and SMEs, is adding invoice financing to its bookkeeping app. The new offering, which potentially opens up so-called “micro-financing” to a much broader business market, comes hot on the heels of Santander Group acquiring Albert, an invoicing and expenses app for freelancers and micro-businesses. Albert’s functionality […]

Facebook bans a fresh batch of mostly far-right figures

Facebook just announced a new round of controversial accounts that will be kicked off the platform for violating its rules. In this instance, Facebook cited its policy against “dangerous individuals and organizations” to bring the ban hammer down on Milo Yiannopoulos, Paul Joseph Watson, Laura Loomer, Paul Nehlen and Louis Farrakhan. The company also doubled […]

WorldCover raises $6M round for emerging markets’ climate insurance

WorldCover, a New York and Africa-based climate insurance provider to smallholder farmers, has raised a $6 million Series A round led by MS&AD Ventures. Y Combinator, Western Technology Investment and EchoVC also participated in the round. WorldCover’s platform uses satellite imagery, on-ground sensors, mobile phones and data analytics to create insurance options for farmers whose […]

Microbiome testing service uBiome puts its co-founders on administrative leave after FBI raid

The microbiome testing service uBiome has placed its founders and co-chief executives, Jessica Richman and Zac Apte, on administrative leave following an FBI raid on the company’s offices last week. The company’s board of directors have named John Rakow, currently the company’s general counsel, as its interim chairman and chief executive, the company said in […]

3 key secrets to building extraordinary teams

Developing new technology, identifying product/market fit, creating a go-to-market strategy… When building businesses, these are the types of challenges entrepreneurs tend to spend the majority of their time thinking about (and talking about with other entrepreneurs). And

Frozen food gets its turn in the meal delivery game

Mosaic, founded by Blue Apron’s former senior director of operations Matt Davis and Sam McIntire, is entering the next phase of direct-to-consumer meal services, with frozen foods. Phase one of meal kits entailed prepared ingredients (Blue Apron) or pre-made meals that went into the refrigerator (Munchery). Blue Apron has since gone public, albeit experiencing a […]

A 30-mph e-bike to compete with cars in cities? Investors just bet $20 million on it

Bird and Lime are scooting along, backed by hundreds of millions in venture capital. But there are still plenty of companies hoping to dominate the still-nascent micromobility market, given its promise. Among them: Bond Mobility, a three-year-old Palo Alto, Calif. and Zurich, Switzerland-based startup that says its “high-performance” dockless electric bikes will leave e-scooters in […]

Sean Parker’s Brigade/Causes acquired by govtech app Countable

Causes grew to a jaw-dropping 200 million users as one of the first 10 Facebook platform apps. Started by Facebook co-founder Sean Parker, it was meant to turn a generation into activists and philanthropists. Causes acquired Votizen to augment shallow clicktivism with a way to remind friends to vote. But after Facebook went mobile and […]

Struggling grocery startup Honestbee fires its CEO

The changes continue to roll at Honestbee . Fresh from pausing operations in four countries and announcing plans to lay off 10% of its staff, the Singapore-based online grocery startup has let CEO Joel Sng go, two sources with knowledge of his exit told TechCrunch. Sng, who co-founded Honestbee back in 2015 and previously served […]

Spot.IM raises $25M to help publishers engage with readers

Spot.IM announced today that it has raised $25 million in Series D funding. We’ve written about the company’s commenting platform before, but CEO Nadav Shoval said it’s now building a broader “community platform.” That means going beyond commenting and moderation to also include community pages and other ways to highlight and monetize user-generated content. The […]

Glovo, the on-demand ‘deliver anything’ local app, raises $169M Series D

Glovo, the Spain-headquartered on-demand delivery app that has similarities to Postmates in the U.S., has raised $169 million (€150m) in Series D funding. Lakestar led the round alongside Drake, owner of global pizza franchise Papa John’s. Idinvest Partners and Korelya Capital also participated, bringing total raised to approximately $322 million. The company last raised funding […]

Verified Expert Brand Designer: The Working Assembly

The Working Assembly began as a side hustle. Jolene Delisle and Lawrence O’Toole juggled full-time jobs while collaborating on projects for startup clients, and they eventually realized there was an opportunity to help companies with branding, marketing, and advertising. In the past four years, TWA has grown from a team of two to a team […]

Cushion wants to negotiate bank service fees on your behalf

Out-of-network ATM fees. Monthly service fees. Card replacement fees. Foreign exchange fees. Wire transfer fees. Overdraft fees. Check fees. Fees, fees, fees, fees, fees. Oh and interest, of course. Banking used to be built on a simple economic premise: tuck money away from customers into deposit accounts that pay interest, and then lend that money […]

Watch Facebook’s F8 2019 keynote right here

Facebook’s yearly developer conference kicks off today. The keynote starts at 1PM / 10AM with opening remarks from Facebook’s chief Mark Zuckerberg. As in past years, the event will last several hours and feature updates from various Facebook departments. This year’s event comes as Facebook is attempting an ambitious transition to a privacy-focused messaging platform. […]

Vault Platform raises $4.2M to fix workplace misconduct reporting

Vault Platform, a London-based startup that has built software to “re-imagine” workplace misconduct reporting, has raised $4.2 million in seed funding. Leading the round is Kindred Capital, with participation from Angular Ventures, System.One, Jane VC, and ex-Mosaic Ventures Partner Mike Chalfen. Founded in 2018 by Neta Meidav and Rotem Hayoun-Meidav, Vault is attempting to create […]

Perkbox, the employee experience platform, raises £13.5M

Perkbox, the London-based startup now calling itself an “employee experience platform,” has raised a further £13.5 million in funding. The round is led by existing investor Draper Esprit, alongside a number of previous Perkbox angels. Prior to this, the company, which launched in 2015, had raised £11 million. Targeting companies of all sizes, from SMEs […]

What we want to know in the We Company (WeWork) S-1

With news that the We Company (formerly known as WeWork) has officially filed to go public confidentially with the SEC today, there’s a big question on everyone’s mind: Is this the next massive startup win or a house of cards waiting to be toppled by the glare of the public markets? No company I follow has […]

ManyChat raises $18M to help businesses tap into messaging

Mobile marketing company ManyChat has raised $18 million in Series A funding. The startup, co-founded by CEO Mikael Yang, is currently focused on Facebook Messenger. It offers tools for creating a bot on Messenger while also supporting live human chatting (ManyChat says its approach is a “smart blend of automation and personal outreach”), and additional […]

Diving into TED2019, the state of social media and internet behavior

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. Last week, TechCrunch’s Anthony Ha gave us his recap of the TED2019 conference and offered key takeaways from the most interesting talks and provocative ideas shared at the event. Under the theme, “Bigger Than […]

The FBI searched the offices of microbiome startup uBiome

Earlier today, agents from the FBI searched the offices of uBiome, the medical testing company that sells analyses of an individual’s microbiome — the bacteria that live in the gut, according to a report in The Wall Street Journal. The FBI is reportedly investigating uBiome’s billing practices, the WSJ reported. “I can confirm that special […]

Wheely raises $15 million for its luxury ride-hailing app

London-based startup Wheely has raised a $15 million Series B round led by Concentric, with Oleg Tscheltzoff, Misha Sokolov and other investors also participating. The company wants to build an Uber competitor focused on the luxury market. It’s a bit ironic when you think about it, as Uber started as a luxury company. But everybody […]

RosieReality, a Swiss startup using AR to get kids interested in robotics and programming, scores $2.2M seed

RosieReality, a startup out of Zürich developing consumer augmented reality experiences, has raised $2.2 million in seed funding led by Redalpine. Other backers include Shasta Ventures, Atomico partners Mattias Ljungman and Siraj Khaliq (both of whom invested in a personal capacity) and Akatsuki Entertainment Fund. Founded in early 2018, RosieReality’s first AR experience is designed […]

Wireless broadband startup Starry files to raise up to $125 million

The never-ending quest to kill Comcast is poised to receive some renewed investment as an ambitious startup readies to secure some new cash. Starry, a Boston-based wireless broadband internet startup, has filed to raise up to $125 million in Series D funding according to a Delaware stock authorization filing uncovered by PitchBook. If Starry closes […]

Movie subscription service Sinemia is ending US operations

Over the past few months, Sinemia has gone from promising MoviePass competitor to the source of frustration for moviegoers across the country. After rumors surfaced earlier this week that it would be backing away from its troubled subscription-based movie ticket offering, it posted official word tonight that it will be shutting down operations in the […]

Uber will reportedly seek up to $90 billion valuation in IPO

Uber is reportedly looking to sell shares between $44 to $50, aiming to raise $8 to $10 billion in the offering. This would value the company between $80 billion to $90 billion, Bloomberg reports. Previous reports had pegged Uber’s valuation at around $120 billion. Still, that valuation is higher than its last valuation of $76 […]

Kiwi’s food delivery bots are rolling out to 12 more colleges

If you’re a student at UC Berkeley, the diminutive rolling robots from Kiwi are probably a familiar sight by now, trundling along with a burrito inside to deliver to a dorm or apartment building. Now students at a dozen more campuses will be able to join this great, lazy future of robotic delivery as Kiwi expands to them with a clever student-run model

Mejuri raises $23M Series B to serve women buying jewelry for themselves

New Enterprise Associates, the 42-year-old venture capital firm, has invested in the $23 million Series B round for Mejuri, a startup capturing millennial women’s penchant for affordable and treat yo’ self type of jewelry rather than diamonds and precious stones for special occasions. It’s the latest instance of startups drawing investor interest with their direct-to-customer […]

Online learning startup Coursera picks up $103M, now valued at $1B+

Coursera, an online learning startup that offers free and paid short courses, skills certifications and complete degrees in partnership with universities and businesses, has raised another $103 million to scale out its business into new geographies, subject areas and products — a Series E led by a strategic investor, the Australian online recruitment and course […]

The startup behind that deep-fake David Beckham video just raised $3M

The recent global campaign showing Malaria survivors speaking through David Beckham to help raise awareness around the Malaria Must Die initiative spooked a lot of people: The campaign has already exceeded 400 million impressions globally. But a behind-the-scenes video explains how the video was made: The campaign was a joint collaboration between RG/A, Ridley Scott […]

Labster scores $21M Series B to bring VR to STEM education

Labster, the Denmark-headquartered startup building virtual laboratory simulations for STEM students, has raised $21 million in Series B funding. Leading the round is Owl Ventures, with participation from Balderton Capital, Northzone and Swisscom Ventures. Previous backers Nordic Makers, David Helgason, EduCapital and Entangled Group also followed on, bringing the total raised by the company to […]

Internet connectivity projects unite as Alphabet spinout Loon grabs $125M from SoftBank’s HAPSMobile

Two futuristic projects are coming together to help increase global internet access after Loon, the Google spinout that uses a collection of floating balloons to bring connectivity to remote areas, announced it has raised money from a SoftBank initiative. HAPSMobile, a SoftBank project that is also focused on increasing global connectivity, is investing $125 million […]

Vue.ai raises $17M to equip online retailers with AI smarts

Vue.ai, a U.S./India startup that develops an AI platform to help online retailers work more efficiently and sell more, has announced a $17 million Series B round. The investment is led by Falcon Edge Capital with participation from Japan’s Global Brain and existing backer Sequoia Capital India. Parent company Mad Street Den was founded in […]

The Brave browser launches ads that reward users for viewing

With the latest desktop version of the Brave browser, users can now opt-in to the Brave Ads program. Brave is an ad-blocking web browser startup led by Brendan Eich, creator of the JavaScript programming language and former Mozilla CEO. He’s long maintained that the vision is “bigger than an ad blocker,” with a goal of […]

Mint founder Aaron Patzer launches Vital, an ER management tool that integrates with electronic health records

Aaron Patzer launched Mint to help consumers organize their finances. Now he’s raised $5.2 million from investors to launch Vital to bring that consumer-focused mindset to emergency rooms and hospitals to help them organize patient flow. Patzer co-founded the company with his brother-in-law Justin Schrager, a doctor of emergency medicine at Emory University Hospital. The […]

Ford invests $500M in Rivian and intends to build a vehicle on Rivian’s EV platform

Rivian today announced a major investment from Ford. The 115-year-old automaker is investing $500 million into the Michigan-based EV startup. Along with the cash, Ford announced plans to build a vehicle on Rivian’s electric vehicle platform. “This strategic partnership marks another key milestone in our drive to accelerate the transition to sustainable mobility,” RJ Scaringe, […]

Squarespace makes its first acquisition with Acuity Scheduling

Squarespace is announcing its first acquisition today, a 13-year-old company called Acuity Scheduling that allows businesses to manage their online appointments. Squarespace CEO Anthony Casalena noted that the company has been expanding beyond website building already — he said he now wants to provide tools around online presence (i.e. building a website), commerce and marketing. […]

Group Nine hires Brian Lee to lead its commerce business

Group Nine Media has hired Brian Lee as its first executive vice president of commerce. Lee held a similar role at Maker Studios before its acquisition by Disney, and he also founded the New York-based accelerator SKIG. Group Nine — which was created by the merger of Thrillist, NowThis Media, The Dodo and Discovery-owned Seeker […]

Locus Robotics raises $26 million for warehouse automation

Warehouse automation is all the rage in robotics these days. No surprise then, that another emerging player just got a healthy slice of venture funding. Massachusetts-based Locus Robotics this week announced that it has secured a $26 million Series C. The round, led by Zebra Ventures and Scale Venture Partners, brings the startup’s total funding […]

N26 opens tech hub in Vienna with a focus on security

Fintech startup N26 is opening an office, its fourth, in Vienna. Eventually, the company plans to hire 300 software engineers, product managers and IT specialists. N26 is building a mobile bank and has managed to attract 2.5 million users over the past few years. It raised a $300 million round back in January. This is […]

India’s Mfine raises $17.2M for its digital healthcare service

Mfine, an India-based startup aiming to broaden access to doctors and healthcare by using the internet, has pulled in a $17.2 million Series B funding round for growth. The company is led by four co-founders from Myntra, the fashion commerce startup acquired by Flipkart in 2014. They include CEO Prasad Kompalli and Ashutosh Lawania who […]

Smartcar accuses $50M-funded rival Otonomo of API plagiarism

Ruthless copying is common in tech. Just ask Snapchat. However, it’s typically more conceptual than literal. But car API startup Smartcar claims that its competitor Otonomo copy-and-pasted Smartcar’s API documentation, allegedly plagiarizing it extensively to the point of including the original’s typos and randomly generated strings of code. It’s published a series of side-by-side screenshots […]

ProcessOut improves payment data visualization

ProcessOut has grown quite a lot since I first covered the startup. The company now has a ton of small and big clients, from Glovo to Vente-Privée and Dashlane. The company has become an expert on payment providers and payment analytics. The core of the product remains the same. Clients sign up to get an […]

Uber, Lyft implement new safety measures

Uber and Lyft instituted new safety features and policies this week. The move follows the death of Samantha Josephson, a student at the University of South Carolina, who was kidnapped and murdered in late March. She was found dead after getting into a vehicle that she believed to be her Uber ride. The murder, which […]

HipChat founders launch Swoot, a social podcast app

Pete Curley and Garret Heaton, who previously co-founded team chat app HipChat and sold it to Atlassian, are officially launching their new product, Swoot, today. The app makes it easy for users to recommend podcasts and see what their friends are listening to. This might seem like a big leap from selling enterprise software — […]

Bankin’ raises $22.6 million for its financial coach

French startup Bankin’ is raising a new $22.6 million funding round (€20 million). The company has managed to attract 2.9 million users in France and wants to become the only app you need to manage your money. Overall, Bankin’ has raised more than $32 million (€28.4 million). Investors include Omnes Capital, Commerz Ventures, Génération New […]

Consumers get another digital home health offering as Tyto Care and Best Buy launch TytoHome

Best Buy is partnering with the Israeli technology company Tyto Care to become the official retailer for the company’s all-in-one digital diagnostics kit through its physical stores in California, the Dakotas, Ohio and Minnesota, and through its online store. Tyto previously sold its technology through healthcare plans, making its handheld examination device (with attachments that […]

Kids on 45th just raised millions in seed funding to sell lightly used kids clothes — sight unseen

A seemingly endless number of startups has attracted funding in recent years to make life easier for people with money to spend. They’re sold nice clothes, chic shoes, cool office space, on-demand car services, on-demand laundry services, on-demand cleaning services, anti-aging therapies. It goes on and on. Overlooked in the process is the overwhelming majority […]

NuvoAir raises $3M to help patients monitor respiratory diseases with AI

With air quality not improving any time soon (hello pollution!), respiratory conditions are on the rise. This has created an opportunity for startups to employ smartphones to monitor respiratory diseases with apps and smart devices. ResApp’s smartphone app, called ResAppDx, diagnoses a wide range of respiratory illnesses accurately by using cough sounds. Healthymize listens for […]

EAT Club acquires Taro to expand its corporate lunch program

EAT Club, the lunch delivery service that counts companies like Facebook, Postmates and others as customers, has acquired meal delivery service Taro. Financial terms of the deal were not disclosed. Taro’s business model worked by shipping pre-made meals directly to consumers. With the acquisition, however, Taro will no longer serve customers directly. Instead, it will […]

Verified Expert Brand Designer: Lake Buckley

In 2017, Lake Buckley turned down an in-house role at Patagonia to launch her freelance design career in a 400 sq. ft studio in Brooklyn, NY. Since then, the RISD-trained designer and art director has helped founders bring their mission-driven brand to life. We spoke with Lake about why she chose to become an independent […]

Alsid raises $14.7 million to secure your Active Directory installation

French startup Alsid has raised a $14.7 million funding round (€13 million). The company is working on a security solution to protect your Microsoft Active Directory installation and make sure a hacker can’t access your system. Idinvest Partners is leading today’s round. Existing investors 360 Capital Partners and Axeleo Capital are also participating. If you […]

Sweden’s Engaging Care raises €2.5M seed to scale patient communication and improve outcomes

Engaging Care, the Swedish healthtech startup founded by Annica Belfrage and Charlotta Tönsgård (who was previously CEO of online doctor app Min Doktor), has raised €2.5 million in seed funding. The round is co-led by two European venture capital firms: Connect Ventures and Crowberry Capital. It follows the company’s €800,000 pre-seed funding in July from […]

Cytora secures £25M Series B for its AI-powered commercial insurance underwriting solution

Cytora, a U.K. startup that developed an AI-powered solution for commercial insurance underwriting, has raised £25 million in a Series B round. Leading the investment is EQT Ventures, with participation from existing investors Cambridge Innovation Capital, Parkwalk and a number of unnamed angel investors. A spin-out of the University of Cambridge, Cytora was founded in […]

With 35 different in-home health diagnostic tests now on offer, EverlyWell raises $50 million to expand

Venture capitalists are pouring hundreds of millions of dollars into healthcare startups pitching lower-cost alternatives to traditional services, and one of their primary targets is diagnostics. As investors look to back services that can pitch lower-cost alternatives to customers, companies like EverlyWell, the Disrupt Battlefield alumnus that just raised $50 million in new financing, start […]

Medbelle raises $7M to build out its ‘digital hospital’

Medbelle, the London and Berlin-based startup offering what it calls an “end-to-end platform” for medical procedures, has raised $7 million in Series A funding. The round was led by Signals Venture Capital — the VC fund of major German health insurer Signal Iduna — with participation from Talis Capital, Mutschler Ventures, IBB and Cavalry Ventures. […]

Password manager Dashlane closes on $30M, adds former Spotify CMO to board

Dashlane, a popular password manager and all-round identity management solution, has raised another $30 million in funding, the company announced today. The funding — this time a round of debt financing from Hercules Capital — follows prior investment from FirstMark Capital, Rho Ventures, Bessemer Venture Partners, TransUnion and Silicon Valley Bank. The company is also […]

Bird will launch electric scooters in 50+ European cities

Bird is gearing up to launch in more than 50 additional cities throughout Europe this spring. Bird began its expansion into Europe less than one year ago. Today, Bird operates its scooters in Paris, Brussels, Vienna, Zurich and other European cities. This launch will increase its European fleet size more than ten-fold. “World class brands […]

WTF is Baillie Gifford?

The SoftBank Vision Fund has been screaming from the venture headlines the last few months, driven by eye-popping rounds (and valuations!) into some of the most notable startups around the world. Yet, SoftBank isn’t the only player rapidly buying up the cap tables of top startups. Indeed, another firm, more than a century old, has […]

Trint, the AI-powered transcription service, closes $4.5M Series A

Trint, the London-based transcription startup founded by Emmy-winning journalist Jeff Kofman, has raised $4.5 million in Series A funding. The round includes follow-on investment from Horizons Lab, the Hong Kong-based seed fund operated by the managers of Horizons Ventures, with participation from TechNexus, and The Associated Press. It brings total funding for Trint to $7.8 […]

Southeast Asia’s Carousell snags $56M from Naspers-owned OLX

It’s taken some time to come around, but Naspers — the early Tencent investor that’s also behind the world’s top listings service — finally has a piece of Southeast Asia’s Carousell. TechCrunch broke news of talks between the two sides last year, and now Carousell has confirmed that it has raised $56 million from Naspers’ […]

Movo grabs $22.5M to get more cities in LatAm scooting

Madrid-based micromobility startup Movo has closed a €20 million (~$22.5M) Series A funding round to accelerate international expansion. The 2017-founded Spanish startup targets cities in its home market and in markets across LatAm, offering last-mile mobility via rentable electric scooters (e-mopeds and e-scooters) plotted on an app map. It’s a subsidiary of local ride-hailing firm […]

Accenture announces intent to buy French cloud consulting firm

As Google Cloud Next opened today in San Francisco, Accenture announced its intent to acquire Cirruseo, a French cloud consulting firm that specializes in Google Cloud intelligence services. The companies did not share the terms of the deal. Accenture says that Cirruseo’s strength and deep experience in Google’s cloud-based artificial intelligence solutions should help as […]

Personio acquires Spanish payroll startup Rollbox

Just three months after raising $40 million in a Series B funding, German HR and recruiting platform Personio is announcing it has acquired Rollbox, the Spanish startup that offers an API-based payroll solution. The two companies had been working together, but now Personio is bringing Rollbox’s tech and team in-house. The full terms of the […]

Democratic senators question Juul about its Altria deal

Eleven democratic senators, led by Sen. Dick Durbin (D-IL), have penned a letter to Juul Labs, asking a series of questions around the product’s marketing, its effectiveness as a tool to help people quit smoking combustible cigarettes, sales figures and, perhaps most importantly, more information on the deal that gave Altria a minority stake in […]

An Equity deep dive on Patreon

The popular TechCrunch podcast Equity this week launched a new series called Equity Dive, wherein a host interviews the writer of the latest edition of the Extra Crunch EC-1. If you’ve ever wanted to know everything there is to know about Patreon, the platform that connects creators with fans and their wallets, then this is […]

Partnering with Visa, emerging market lender Branch International raises $170 million

The San Francisco-based startup Branch International, which makes small personal loans in emerging markets, has raised $170 million and announced a partnership with Visa to offer virtual, pre-paid debit cards to Branch client networks in Africa, South-Asia and Latin America.  Branch — which has 150 employees in San Francisco, Lagos, Nairobi, Mexico City and Mumbai — […]

RightHand Robotics debuts a new pick and place system

Reliable pick and place systems have long been a kind of Holy Grail among industrial robotics. The job of moving products in and out of bins is high among the jobs that many warehouse and fulfillment centers are looking to automate. For a few years now, RightHand Robotics has been one of the more exciting […]

Veratrak wants to digitise the pharmaceutical supply chain

Veratrak, a London-based startup that aims to digitise the pharmaceutical supply chain, has picked up £1 million in seed funding. Leading the round is Force Over Mass, with participation from Seedcamp, Ascension Ventures, Blockchain Valley Ventures and TrueSight Ventures. A number of individual investors have also backed the young company. They include ex-head of Corporate […]

On balance, the cloud has been a huge boon to startups

Today’s startups have a distinct advantage when it comes to launching a company because of the public cloud. You don’t have to build infrastructure or worry about what happens when you scale too quickly. The cloud vendors take care of all that for you. But last month when Pinterest announced its IPO, the company’s cloud […]

Landed raises $7.5 million Series A to help teachers buy homes

Teachers are notoriously underpaid, and buying homes is notoriously expensive. This is where Landed, which just raised a $7.5 million Series A round led by Initialized Capital, comes in. Landed helps educators buy homes by providing them with down-payment assistance. That’s because many teachers leave their jobs due to a lack of stable housing. In […]

Rippling raises $45M at $270M to be the biz app identity layer

Parker Conrad’s last startup, Zenefits, drowned in busy work. Now with Rippling, he wants to boil that ocean. Instead of trying to nail one thing then expand, “very counter to conventional wisdom, we took on something that’s a lot broader and more ambitious.” That meant spending two years with 40 engineers working in stealth to […]
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