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Updated 2024-11-24 21:16
Preply raises a $35 million Series B as demand for language learning grows
Preply, a tutoring marketplace for language learning, has raised a $35 million Series B co-led by Full In Partners and Owl Ventures, an edtech fund that has backed Byju’s and Newsela. The raise comes nearly a year after the company landed a $10 million Series A. Investors in Preply include Point Nine Capital, Hoxton Ventures, […]
Rep. Barbara Lee says the pipeline problem is “a total myth”
Rep. Barbara Lee (D-13 California) took time out of her busy schedule this week to join us for TechCrunch Sessions: Justice. During our our wide-ranging discussion, she talked about the issues in tech that unfortunately do not get enough attention: a lack of diversity in tech, the so-called pipeline problem, the digital divide and access […]
Polestar, ChargePoint introduce seamless charging in new partnership
A new alliance between Swedish electric performance automaker Polestar and EV infrastructure startup ChargePoint takes aim at the charging experience with the debut of an in-car app that will let customers seamlessly charge their Polestar 2 model vehicles. Seamless charging—being able to pull up to a charging station, plug in and let the vehicle handle […]
Backstage Capital’s Arlan Hamilton discusses how to find the next unicorn
Arlan Hamilton, the Backstage Capital founder and managing partner, joined us at TC: Sessions Justice to chat about how she vets founders beyond Stanford signal, the changing role of venture capital, how raising money from the community, versus institutional LPs, can impact Backstage strategy. On what makes a founder make sense for Backstage Capital In […]
Dropbox to acquire secure document sharing startup DocSend for $165M
Dropbox announced today that it plans to acquire DocSend for $165 million The company helps customers share and track documents by sending a secure link instead of an attachment. “We’re announcing that we’re acquiring DocSend to help us deliver an even broader set of tools for remote work, and DocSend helps customers securely manage and […]
Demostack announces $17.3M investment for demo building platform
Demostack, an early stage startup that wants to make it easy for companies to build software demos, announced $17.3 million in funding today. The company also announced it was coming out of stealth. That investment breaks down into a $13.3 million Series A led by Bessemer Venture Partners with help from GTM Fund and several […]
Apple releases results from its Women’s Health Study
Last week, Apple announced early results from its ongoing hearing health study. Conducted alongside the University of Michigan School of Public Health, the figures were released to mark World Hearing Day. Now, a day after International Women’s Day, it’s releasing results tied to its Women’s Health Study. As with the hearing study, the figures are […]
This Pipe-ing hot startup just raised $50M to be the ‘Nasdaq for revenue’
A little over one year ago, Pipe raised a $6 million seed round led by Craft Ventures to help it pursue its mission of giving SaaS companies a funding alternative outside of equity or venture debt. The buzzy startup’s goal with the money was to give SaaS companies a way to get their revenue upfront […]
M1 Finance raises another rapid-fire round after scaling its AUM to more than $3.5B
Months after raising a Series C worth $45 million, Chicago-based M1 Finance announced a new round of capital today. A Series D, the new $75 million investment was led by Coatue, with two prior investors — Left Lane Capital and Clocktower Technology Ventures — also taking part. The new financing comes after M1 raised twice […]
Cube raises $10M more to help companies plan their financial future
This morning Cube, a startup that builds FP&A software for the mid-market, announced that it has raised a $10 million Series A. The company previously raised a $5 million seed round that TechCrunch covered last August. Mayfield led its Series A, which saw participation from Operator Collective and Bonfire Ventures. FP&A is probably not an […]
Two European companies are mapping a future service for direct air capture to sequestration of CO2
The Swiss-based, venture capital-backed, direct air capture technology developer Climeworks is partnering with a joint venture between the government of Norway and massive European energy companies to map the pathway for a business that could provide not only the direct capture of carbon dioxide emissions from air, but the underground sequestration and storage of those […]
Wefarm adds $11M to expand its network for independent farmers, now at 2.5M users
The vast majority of startups remain focused on consumers, knowledge workers and the opportunities to provide services to those that are already operating completely, or at least partially, in digital environments. But today comes news of funding for a startup building a social network for what is probably one of the least digital business sectors […]
Ibex Medical Analytics raises $38M for its AI-powered cancer diagnostic platform
Israel-based Ibex Medical Analytics, which has an AI-driven imaging technology to detect cancer cells in biopsies more efficiently, has raised a $38 million Series B financing round led by Octopus Ventures and 83North. Also participating in the round was aMoon, Planven Entrepreneur Ventures and Dell Technologies Capital, the corporate venture arm of Dell Technologies. The […]
Tackle nabs $35M Series B to help companies navigate cloud marketplaces
Each of the big three cloud vendors — Amazon, Microsoft and Google — has a marketplace where software vendors can sell their wares. It seems like an easy enough proposition to throw your software up there and be done with it, but it turns out that it’s not quite that simple, requiring a complex set […]
YL Ventures sells its stake in cybersecurity unicorn Axonius for $270M
YL Ventures, the Israel-focused cybersecurity seed fund, today announced that it has sold its stake cybersecurity asset management startup Axonius, which only a week ago announced a $100 million Series D funding round that now values it at around $1.2 billion. ICONIQ Growth, Alkeon Capital Management, DTCP and Harmony Partners acquired YL Venture’s stake for $270 […]
Eye surgery robotics startup ForSight raises $10M
Israel-based ForSight Robotics announced today that it has raised $10 million for what it has deemed a “mega-seed round.” Led by Eclipse Ventures and Mithril Capital, the round will go toward expanding the company’s headcount and global reach, as it looks to bring its offerings to international markets, pending the sorts of regulatory approvals that […]
Leading VC funds club together to offer remote office hours for 250+ European women founders
In the wake of International Women’s Day, a group of leading VC funds are grouping together to offer remote office hours for 250-plus women founders from across Europe on May 6th this year. Women founders who want to apply can see more information here and apply for the opportunity here. The initiative aims to dispense […]
Carl Pei’s Nothing shows off the tobacco pipe-inspired ‘Concept 1’
Over the past several months, OnePlus co-founder Carl Pei has turned his concept for “Nothing” into one of the buzziest hardware companies in recent memory. It’s an impressive feat for a company that has offered close to zero information about its upcoming offerings. The company has raised around $22 million, including a $15 million Series […]
Softbank, Demeter and Coparion invest $3M into Plan A’s B2B carbon monitoring and ESG platform
Plan A, a Berlin-based automated SaaS B2B startup, has raised $3 million for its platform that lets companies measure, monitor, reduce and report their environmental footprint thus improving their ESG ratings. French VC Demeter led the round, with German VC Coparion and Softbank joined the round as a strategic investor. The cash will be used […]
6 Oslo VCs discuss 2021 trends, deal flow and regional opportunities
"Oslo is a city with a strong foundation and an exciting momentum in tech. There’s too few local VCs, though, and that creates a funding gap around the Series A stage, but at the same time lots of opportunities for investors taking their time to get to know the ecosystem."
India’s Paytm turns Android smartphones into POS machines in merchants push
Paytm said on Tuesday it is turning NFC-enabled Android smartphones into point-of-sale machines, as it looks to win more merchants in one of the world’s largest mobile payments markets. A Paytm merchant partner will now be able to enable card acceptance feature on their NFC-enabled smartphone from the Paytm Business app, the Indian startup said. […]
Taipei-based Influenxio gets $2M from DCM Ventures for its “microinfluencer” marketing platform
“Microinfluencers” are gaining clout among marketers. Though they may have as little as a thousand followers, microinfluencers tend to focus on specific content and be seen as more engaging and trustworthy by their audience, said Allan Ko, founder and chief executive officer of Influenxio. The Taipei-based startup, which connects brands with Instagram microinfluencers through its […]
Kia’s electric vehicle plans take shape with EV6 teaser, new naming strategy
Kia started the year by dropping “motor company” from its corporate name and revealing a new logo and slogan as part of Plan S, a strategy to shift its business away from internal combustion engines and towards EVs, mobility services and autonomous vehicle technology. Now, the South Korean automaker is starting to share more details […]
PUBG Mobile-developer invests $22.4 million in India’s Nodwin Gaming
Krafton, the developer of popular gaming title PUBG Mobile, has invested $22.4 million in Indian esports firm Nodwin Gaming, the two firms said Tuesday as the South Korean firm looks to maintain some presence in what was once its key overseas market. Nodwin Gaming, a subsidiary of local gaming giant Nazara, has established itself as […]
Apple releases important iPhone, iPad, Mac and Watch security patches
Apple has released a set of security updates for iPhones, iPads, Macs and Watches. There are no new features — but these are updates you will still want to install. As part of these security fixes, iPhones and iPads will update to iOS and iPadOS 14.4.1, watchOS users will update to 7.3.2 and macOS Big Sur […]
Max Q: Starship’s good landing (and less good post-landing)
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. Sometimes even the biggest successes look like failures on video. That’s the theme of this week, because the biggest news by far was SpaceX’s test launch of its latest Starship prototype in […]
Daily Crunch: PayPal acquires Curv
PayPal acquires a cryptocurrency startup, Apple discontinues the iMac Pro and McAfee sells its enterprise business. This is your Daily Crunch for March 8, 2021. The big story: PayPal acquires Curv This deal will grow PayPal’s cryptocurrency team by bringing on Curv, a startup working with exchanges, brokers and over-the-counter desks to help their users […]
Zapier buys no-code-focused Makerpad in its first acquisition
Zapier, a well-known no-code automation tool, has purchased Makerpad, a no-code education service and community. Terms of the deal were not disclosed. TechCrunch has covered Zapier often during its life, including its first, and only, fundraising event, a $1.2 million round back in 2012 that tapped Bessemer, DFJ and others. Since then the company has […]
White-label voice assistants will win the battle for podcast discovery
The voice assistant that can personalize podcasts and help listeners search, sample and discover content through sharable bite-sized pieces will win the voice wars.
Announcing the agenda for TC Early Stage — Operations & Fundraising
As an early-stage founder, how do you identify the right investors? Or know how to hire the best possible team to set up your company for growth? Should you bootstrap, and if so, how do you do it successfully? How do you nail virtual pitch meetings? What about product-market fit? Board construction and good governance? […]
From electric charging to supply chain management, InMotion Ventures preps Jaguar for a sustainable future
"Obviously, we venture beyond electrification into autonomous vehicles and connectivity. There will be a lot of value creation once OEMs are able to surface their APIs."
Cosi raises €20M for its ‘full-stack’ approach to short-term rentals
Cosi Group, a Berlin-based startup offering an alternative to boutique hotels and managed short-stay apartments, is disclosing €20 million in new investment. Backing the round is Vienna-based Soravia, a leading real estate group in German-speaking countries. Existing investors Cherry Ventures, e.ventures, Kreos Capital and Bremke followed on, along with a number of individual investors. They […]
Porter Road’s sustainable, whole animal butchery raises $10 million to expand across the US
In the nearly 10 years since it launched as a whole animal butchery out of a storefront in East Nashville, the founders of Porter Road have wanted to herd America’s meat industry down a new path. Now the company has $10 million in financing from investors including L37 Ventures, River Park Ventures, Middleland, FJ Labs, […]
Apple teams with Common Sense Media to curate podcasts for kids
Apple announced this morning it’s teaming up with Common Sense Media to curate a selection of kid-friendly podcasts in the U.S. in light of what appears to be growing interest in spoken-word entertainment among families. That interest, in part, may have been prompted by the pandemic and parents’ desire to reduce kids’ screen time for […]
Europe’s Android ‘choice’ screen keeps burying better options
It’s been over a year since Google begun auctioning slots for a search engine ‘choice’ screen on Android in Europe, following a major antitrust intervention by the European Commission back in 2018. But despite hitting Google with a record-breaking fine over two years ago almost nothing has changed. The tech giant’s search marketshare remains undented […]
While eyeing a SPAC, Swedish autonomous EV company Einride nears $75 million in new funding
Swedish autonomous electric vehicle startup Einride is aiming to continue the momentum sparked by partnerships with Oatly and Lidl by seeking additional capital, TechCrunch has learned. Einride is seeking $75 million in new financing, while at the same time exploring the potential for a public listing through a special purpose acquisition company, according to people […]
Makers of ‘kid’s first virtual world’ Animal Jam targets Gen Z teens with Fer.al debut
Before kids graduate to the expansive virtual worlds in games like Roblox, Minecraft and Fortnite, they often get their start in online social gaming with a game like Animal Jam. Here, kids learn to personalize their avatar, explore a world, chat with other players and trade items in a safe environment with parental controls. Today, […]
A glimpse inside the minds of tech’s DEI leaders
Diversity and inclusion as an idea has been on the agenda of tech companies for years now. But the industry still lacks true inclusion, despite best efforts put forth by heads of diversity, equity and inclusion at these companies. At TC Sessions: Justice, I spoke with Uber Chief Diversity Officer Bo Young Lee, Netflix VP […]
Tesla’s utility-scale batteries are coming to Texas
Elon Musk is bringing his utility-scale battery ambitions to the Lone Star state. An under-the-radar Tesla subsidiary has been at work building a 100 MW energy storage project in Angleton, Texas, according to an application with the Public Utilities Commission of Texas and other documents. Bloomberg was the first to report on the documents and […]
Vendr raises huge $60M Series A as its SaaS-purchasing service scales
This morning Vendr announced a $60 million Series A round, a huge funding event led by Tiger Global, with participation from Y Combinator, Sound Ventures, Craft Ventures, F-Prime Capital, and Garage Capital. The outsized Series A comes after Vendr last raised $4 million in a mid-2020 seed round, with TechCrunch reporting that the company was […]
Olo’s IPO could value the company north of $3B as Toast waits in the wings
Targeting $16 to $18 per share, Olo could raise as much as $372.6 million in its public offering.
Investors discuss alt-financing and the role of venture capital
There are so many ways to secure capital for your startup beyond traditional venture capital, from crowdfunding to debt financings to revenue-share agreements. But is all money created equal if you are on route to becoming a billion-dollar business? Dr. Astrid Scholz, the co-founder of Zebras Unite, Sydney Thomas, a principal at Precursor Ventures, and […]
Celebs like Rob Dyrdek, Joe Jonas, and Travis Barker are backing the nootropic nosh company, Mindright
It was only a matter of time before someone married the nascent nootropic supplements for brain health to the snack bar craze that continues to attract dollars and exits. That time is apparently now, as Rob Dyrdek, the MTV-famous celebrity, pro-skater and entrepreneur, and Chris Bernard announce a new investment in the company they co-founded, […]
The path forward for essential workers
Gig workers and warehouse workers have become essential in a pandemic-ravaged economy. In California, a law went into effect earlier this year that makes gig workers independent contractors. Meanwhile, Amazon warehouse workers in Alabama are actively seeking to form a union to ensure better protections at the workplace. At TC Sessions: Justice, I spoke with […]
Attend TechCrunch’s free virtual Miami meetup on March 11
TechCrunch is hosting a small virtual meetup this Thursday centered around Miami. We hope you can attend. It’s free. This is our first (virtual) field trip to Miami. Even though we can’t be there physically right now, it’ll sure feel like we are. All lights will be shining on the Magic City. The area is […]
Equity Monday: More money for fintech, Deliveroo’s IPO, and AI startups
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
McAfee sells enterprise biz to Symphony Technology Group for $4B
Security firm McAfee announced this morning that will be selling its enterprise business to a consortium led by the private equity firm Symphony Technology Group for $4 billion. It should pair well with RSA, another enterprise-focused security company the private equity firm purchased last February for $2 billion. McAfee President and Chief Executive Officer, Peter […]
PayPal to acquire cryptocurrency security startup Curv
PayPal has announced that it plans to acquire Curv, a cryptocurrency startup based in Tel Aviv, Israel. Israeli newspaper Calcalist originally reported the move. And PayPal has now made an official announcement. Curv is a cryptocurrency security company that helps you store your crypto assets securely. The company operates a cloud-based service that lets you […]
The rise of the tech workers union and what comes next
While not entirely non-existent, the union has been an elusive phenomenon in Silicon Valley. More recently, however, big names like Google and Kickstarter have taken key steps toward forming unions, as have smaller startups like Glitch, which made history this week by signing a collective bargaining agreement – the first team of software engineers to […]
Last-mile delivery robotics company Refraction AI raises $4.2M
Ann Arbor-based Refraction AI announced today that it has raised a $4.2 million seed round. The startup, which debuted on the TechCrunch Sessions: Mobility stage back in 2019, was founded by a pair of University of Michigan professors (Matthew Johnson-Roberson — now CTO — and Ram Vasudevan) seeking to solve a number of issues posed […]
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