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Berlin -based recruitment startup, Zenjob, which operates a digital platform connecting students with highly flexible temp jobs in sectors such as retail, logistics and hospitality, has closed a €27 million ($30M) Series C led by Forestay Capital. Also participating in the funding round: Redalpine, Acton Capital, Axa Venture Partners and Atlantic Labs. Prior to this
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Smartphone shipments are reportedly beginning to see signs of life in China, after a sizable dip from the COVID-19 pandemic. New numbers from China Academy of Information and Communications Technology (a government-connected agency) point to a 17% rise in shipments for April, pointing to some recovery for the market. The figure, from the China state-supported
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Construyo, a Berlin-based startup that offers a “holistic” project management service that connects the architecture, engineering and construction (AEC) industry, has raised €2 million in seed funding. The round is led by Talis Capital, and follows €300,000 of previous backing from Florian Swoboda, founder of Liberty Ventures; Florian Leibert, founder of D2iQ, and Jan Kanieß,
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VanMoof, the Dutch e-bike startup which launched in 2009, is now officially a “scale-up” after attracting a €12.5M / $13.5M investment from London VC Balderton Capital and SINBON Electronics, the Taiwan-based electronics manufacturer which is its bike assembly partner. The funds will be used for international expansion, following the launch of the new electric VanMoof
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. If you just read the headlines, you’d be excused for thinking that venture capital investment into financial-technology companies is at an all-time high. Big deals this year like Plaid’s $5.3 billion dollar exit to Visa,
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Facebook’s AI tools are the only thing standing between its users and the growing onslaught of hate and misinformation the platform is experiencing. The company’s researchers have cooked up a few new capabilities for the systems that keep the adversary at bay, identifying COVID-19-related misinformation and hateful speech disguised as memes. Detecting and removing misinformation
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The retirement wars are heating up. As millions of baby boomers leave their jobs in the coming years and transition into retirement, there is a huge competition for who will manage their savings. On one hand are traditional wealth managers, firms like Edward Jones, who either employ full-time human financial advisors or empower independent contractors
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Instagram Lite, the two-year old version of the Instagram app aimed at emerging markets, has quietly disappeared. The previously highly-ranked app vanished from the Google Play charts on April 13 in the countries where it was active, including Kenya, Mexico, Peru and the Philippines. Existing Instagram Lite users have been directed to the main Instagram
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PlayPlay, the Paris-based startup behind a video creation tool that enables comms, marketing and social media teams to produce high-quality video content “in minutes”, has raised €10 million in funding. Leading the Series A round is Balderton Capital, with participation from Point Nine, and Kerala Ventures. Founded in 2017 by ex-Eurosport social media director Thibaut
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When Zach Sims first started pitching his coding startup, Codecademy, he framed it to investors as a corporate tutoring company. That was intentional, despite the fact that edtech is a $5 trillion business. “It was much easier for investors to understand instead of an education company,” he said, noting that the industry has long been
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Small- to medium-sized businesses are one of the most important parts of Southeast Asia’s economy, but many have trouble securing growth capital from traditional financial institutions. Validus wants to fix the financing gap with its peer-to-peer lending platform, which connects accredited lenders with SMEs. The Singapore-based startup announced today that it has raised $20 million
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Haje Jan Kamps is a founder, photographer and journalist who logged time as a TechCrunch writer years ago and who has since launched a platform for virtual conferences called Konf. In a recent catch-up with him about work and life during COVID-19, we wound up talking at some length about Facebook, which is seeing record
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We recently interviewed Jon McNeill to learn more about his newest project, a startup studio called DeltaV Ventures. But we also wanted to hear about what it’s like to work inside of Tesla and Lyft. McNeill spent two-and-a-half years as the carmaker’s president, heading up global sales, marketing, delivery and government relations before heading to
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Consumer fintech startups were massively successful in 2019, attracting millions of new users and disrupting traditional retail banks and financial services with mobile-first, consumer-oriented products. Despite the economic downturn in public markets and the massive wave of cuts at public and private companies in recent weeks, fintech startups have been raising a ton of money.
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