A women-led startup called Honeycomb is launching its private social app for families, backed by $4 million in seed funding led by Peter Boyce at Stellation Capital. Now out of private beta, the app offers families a way to curate and share their favorite moments and memories via their smartphone as an alternative to using
Month: December 2021
Bitwise Asset Management Chief Investment Officer Matt Hougan joins Emily Chang to talk about Bitcoin’s big Saturday plunge and why he thinks Ethereum was the “asset of the year” in 2021. Hougan also makes his crypto predictions for 2022.
“Our Notus algorithm identified you as the most impactful journalist for our audience.” As a slight narcissist — as all writers are — I saw this line in a cold email and had two immediate thoughts: first, is the founder just saying this because they want me to write about their funding round, and second,
News that the SenseTime IPO is on hold leaves the stock market with just one major tech listing on the horizon: Samsara’s public debut, which is currently anticipated to price Tuesday and trade Wednesday. That makes it the perfect moment to sit back and chat through a few of the year’s biggest offerings and how
Instagram has rolled out a new “Reels Visual Replies” feature that lets users reply to comments on posts with Reels. Now, when users choose to reply to a comment, they’ll see a new option that allows them to select the Reels button to create a video reply. The social media giant notes that the video
Harry’s Labs, the in-house incubator started by razor brand Harry’s Inc., announced Monday it agreed to acquire Lumē, the direct-to-consumer brand created to help control all-over body odor. Harry’s created the innovation group in 2018 that has backed or launched several consumer product companies, including cat products startup Cat Person, body care line Flamingo and
StudyFree — which connects students with international educational opportunities via a community-driven B2C SaaS model — has raised a $3 million seed investment round led by I2BF Global Ventures, TMT Investments, and TechStars. Also participating was PandaDoc CEO Mikita Mikado and Google’s ex-director of product Andrey Doronichev. StudyFree has now received a total of $3.6
Indonesia-based insurtech startup Fuse announced today it has secured $25 million of Series B extension round as it plans to enter more countries including Thailand and Vietnam in Southeast Asia. The startup has closed three funding rounds of Series B within the past six months, bringing the company’s total raised to over $70 million. The
Steven R. Rogers Contributor Steven R. Rodgers is executive vice president and general counsel of Intel Corporation, where he serves on the senior executive team and oversees the company’s legal, government and trade groups. The U.S. patent system, which should fuel invention, is increasingly being abused to hinder innovation. It desperately needs reform, and there’s
As consumers think more about what they are putting in their bodies, they are also thinking about what they are feeding their pets. Driven by the global pandemic and everyone being at home with their pets, sales topped $100 billion in 2020 in this sector. Austin-based Maev, developing human-grade raw dog food, is poised to
The Twitter account of India’s Prime Minister Narendra Modi was “briefly compromised” on Sunday, his office said. Modi’s account — whose handle is @narendramodi — tweeted after the midnight that India had officially adopted bitcoin as a legal tender, prompting suspicions about a hack because of the timing of the announcement and also as New
Looks like Better.com CEO Vishal Garg’s behavior is catching up to him. This morning, employees were notified via email by the Better board of directors that Garg would be taking time off effective immediately after the “very regrettable events over the last week.” The move came, according to an employee who wished not to be
The 2021 IPO cycle is winding down this week as HashiCorp and Nubank priced their public debuts and listed. Happily for startup fans and the venture classes, both IPOs went well. Samsara’s IPO will come next week if current calendars hold up, but that’s pretty much it for the year. We made it to the
Adam Mosseri, Head of Instagram, is testifying before the Senate today about the impact of Instagram on teens’ mental health. His first appearance before the Senate, this is just one of several hearings that have taken place ever since whistleblower Frances Haugen leaked documents from Facebook — now Meta — showing that the company knew
WikiLeaks founder Julian Assange is facing the prospect of imminent extradition to the US after the UK High Court granted an appeal by the US government against an earlier (January) refusal by a UK judge to extradite him on mental health grounds. A final decision on whether or not to grant the extradition will be
E-commerce in Africa is growing fast and its potential remains enormous as more people get connected to the internet. Across sub-Saharan Africa 303 million people, about 28% of the population, are connected to the mobile internet, according to the 2021 GSMA mobile economy report, and this number is expected to rise to 40% in three
Hello and welcome back to Equity, a podcast about the business of startups where we unpack the numbers and nuance behind the headlines. Friends, we’re almost there: the end of the year that felt like a decade. This week, Mary Ann, Natasha and Alex put aside their 2021 fatigue and talked through a week full of news – and
Instagram is bringing back a chronological feed, according to statements made by Instagram head Adam Mosseri during his testimony today before a Senate panel over the harms to young people using the app. Mosseri was asked if he believed consumers should be able to use the Instagram app without “being manipulated by algorithms,” and the
Ikigai, a startup based on research out of MIT, wants to make it simple to build workflows with humans involved. Whereas traditional robotic process automation (RPA) is about building bots for repetitive tasks, this company wants to make it easier to build workflows where humans have to make a decision as part of the process.
HURR — a “RentTheRunway” style UK fashion rental marketplace – has raised $5.4M in a seed funding round led by European VC firm, Octopus Ventures. Also participating was Ascension and D4 Ventures, among others. HURR launched in 2019 and has a hybrid business model combining peer-to-peer fashion rentals, direct partnerships with fashion outlets, and a
Scott Lenet Contributor More posts by this contributor 3 lies VCs tell ourselves about startup valuations Is there a creed in venture capital? Venture capitalists frequently say that valuing startups is “more art than science.” If that’s true, then it’s absurdist art, because most seed-stage businesses have no value. In fact, seed-stage startups — companies
Nuvocargo, a logistics startup out to help simplify the challenges of cross-border trade, has raised $20.5 million in a round led by Tiger Global Management. The round valued the New York-based startup at $180 million, more than double the $70 million it was valued at when it raised $12 million in April. The company says it
Meta (formerly Facebook) today is introducing a number of Facebook Live updates that will allow creators to engage with fans during their live broadcasts, including new features like Polls, support for four-person co-broadcasting via the “Live With” feature, new commenting features, a new post format, support for adding links to broadcasts and “Live in Stories,”
Detroit became the center of America’s automobile industry largely for logistical reasons: its midwestern location, high population density and proximity to raw materials were just a few factors that assured investors it was an optimal spot for building an industrial hub. Silicon Valley’s tech ecosystem, on the other hand, was initially seeded by military research
Spain’s government has agreed on the details of a draft startup law — passing the baton to the parliament to debate and potentially amend the plan ahead of a vote to turn it into actual law. The Council of Ministers announced adoption of the draft text today which it said contains important measures to cut
Software consultant Andrew Drach’s two companies Callentis and Solwey demonstrate his entrepreneurial skills, but his clients also value his educational background, as we learned through TechCrunch’s survey to identify the best software consultants for startups. Telling us why her company picked Solwey, eDiscovery Assistant’s Kelly Twigger cited “Andrew’s Ph.D. and analytical background related to data,”
Amid a hectic year, the continent’s VC momentum appears set to continue in 2022 Alex Wilhelm 8 hours Europe, long viewed as a relative backwater to the U.S. startup market, has been on a tear in recent quarters and years. Akin to many startup markets around the world, Europe has seen its venture capital totals
Wisdom, a social audio app that’s focused on surfacing “life advice” and broadening access to mentorship — and whose iOS app launched we covered back in October — has nabbed $2 million in seed funding off the back of early traction. The seed is led by First Round Capital, with participation from a number of
Freddy Jose Mangum Contributor Freddy Jose Mangum is CEO and co-founder of Hub, provider of a unified presales productivity platform. Today’s high-growth technology companies rely on millions of presales professionals, also known as sales engineers and solution consultants, to explain the value of technologies to buyers and customers. Ultimately, the contributions of these trusted technical
Roger Gothmann Contributor Roger Gothmann, Ph.D., is co-founder and CEO at Taxdoo, an automated platform for financial compliance in e-commerce. Electronic interfaces, platforms and marketplaces form a key layer in the digital infrastructure behind e-commerce, serving as gatekeepers between consumers and producers of digital content or digitally sold products. These gatekeepers offer third-party companies access
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