Fundings and Exits

This morning Hopin, a London-based startup building virtual events technology, announced that it has raised a $40 million Series A led by IVP. According to the company, Salesforce’s corporate venture arm Salesforce Ventures also took part in the round, as did a number of its prior investors, including Slack’s venture capital group the Slack Fund,

The direct-to-consumer health insurer Oscar has raised another $225 million in its latest, late-stage round of funding as its vision of tech-enabled health care services to drive down consumer costs becomes more and more of a reality. In an effort to prevent a patient’s potential exposure to the novel coronavirus, COVID-19, most healthcare practices are

In a move that highlights how open the American IPO window may be at the moment, China-based Agora priced its public offering at $20 per share last night, ahead of its $16 to $18 proposed price range. At $20 per share, the 17.5 million shares sold in its debut raised $350 million, a huge haul

Housing has been constructed for millennia, and while clearly our modern abodes are ever so slightly better than the elk tents we used to live in, the construction techniques behind housing today haven’t progressed all that much. What has progressed are prices — it’s more expensive than ever to build a modern unit, and that’s

Shares of Agora, a China and U.S.-based “real-time engagement” API company, soared today after it went public. Yesterday Agora priced 17.5 million shares at $20 apiece, up from its target range of $16 to $18 per share. The firm raised $350 in its debut, or around 10 times its Q1 2020 revenue and is now

Byju’s is in advanced stages of talks to acquire Doubtnut, a two-year-old education learning app, as the Indian edtech giant looks to expand its reach in smaller cities and towns in the world’s second largest internet market. Three sources familiar with the matter told TechCrunch that the acquisition offer from nine-year-old Byju’s values the younger

As the IPO market heats up, one offering slipped beneath our radar. This morning, then, we’ll catch up on Accolade’s initial public offering and what its proposed pricing may tell us about the state of the IPO market. The Exchange is a daily look at startups and the private markets for Extra Crunch subscribers; use

Karat is a new startup promising to build better banking products for the creators who make a living on YouTube, Instagram, Twitch and other online platforms. Today it’s unveiling its first product — the Karat Black Card. The startup, which was part of accelerator Y Combinator’s Winter 2020 batch, is also announcing that it has

The unicorn’s valuation range is not impressive Alex Wilhelm 7 hours Earlier today, insurtech unicorn Lemonade filed an S-1/A, providing context into how the former startup may price its IPO and what the company may be worth when it begins to trade. According to its new filing, Lemonade expects its IPO to price at $23

Api.video, a “developer-first” video platform that makes it easier for websites and apps to video features, has raised $5.5 million, in a seed round led by London venture capital firm Blossom Capital. Also participating is Kima Ventures and a number of angel investors. Previous backers include Octave Klaba (founder of OVH), Eduardo Ronzano (founder of

At a time where IT has to help employees set up and manage devices remotely, a service that simplifies those processes could certainly come in handy. Apple recognized that, and acquired Fleetsmith today, a startup that helps companies do precisely that with Apple devices. While Apple didn’t publicize the acquisition, it has confirmed the deal

When we announced the formation of The TechCrunch List last week, we had no idea what response we would get to our proposal for founders to recommend their “first check” investors. While plenty of founders over the years had told us that they wanted such a database to rely on or to refer to other

Memo Bank wasn’t always called Memo Bank. It originally started as Margo Bank and it has been flying under the radar for a few years. The French startup is now about to launch publicly and shared more details about what it is building. As the name suggests, Memo Bank is a bank. It plans to

The fintech revolution is just getting started. At least that’s the impression we got after a conversation with Plaid co-founder Zach Perret. He appeared on Extra Crunch Live last week to talk about his company’s announced exit to Visa and the larger fintech landscape. Perret and Plaid announced a deal to sell the company to Visa

French startup Swile, the startup formerly known as Lunchr, raised a $78.7 million (€70 million) Series C round a few months ago. The startup wants to manage all your corporate benefits and improve team building in general. Index Ventures is leading the round, Bpifrance and Idinvest are also participating. Index Ventures already led the company’s

Sparrow Exchange, a Bitcoin and Ethereum options trading platform based in Singapore, announced today it has raised $3.5 million in Series A funding. The round was led by HDR Group, the owner of cryptocurrency exchange BitMEX, with participation from Signum Capital, Du Capital and FinLab EOS VC. The funding will be used to develop Sparrow’s

Microsoft acquires a security startup, Canva raises $60 million and Apple kicks off a virtual WWDC. Here’s your Daily Crunch for June 22, 2020. 1. Microsoft confirms acquisition of CyberX to boost security in its Azure IoT business Microsoft announced today that it’s acquiring CyberX, a security startup that focuses on detecting, stopping and predicting

While we await a fresh IPO filing from heavily backed insurtech startup Lemonade, let’s talk a little more about its public offering. Since our first dig into its S-1 filing, TechCrunch has spoken to a number of investors and operators in Lemonade’s space to find out if our initial read was off — were we

Deep01, a Taiwanese startup that develops software to help doctors interpret CT brain scans more quickly, announced today that it has raised $2.7 million. The funding was led by PC maker ASUSTek. Deep01’s product has obtained clearance from both Taiwan and the United States’ Food and Drug Administrations, and the company received its first purchase

This morning Chilean company Copec announced a corporate venture capital (CVC) fund, dubbed Wind Ventures. Wind will write checks worth between $1 million and $10 million into Series A, B, and C rounds, with an eye on startups that fit into the categories that its parent company works in, namely energy, retail, and mobility. According

Over the past few months, COVID-19 has brought much of the fundraising community to a standstill. However, amidst it all India’s hyper0growth telco Reliance Jio Platforms has put its fundraising efforts into full gear. Over the past three months, Jio has raised over $15.5 billion from a cohort of investors that include prominent financial institutions

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Your humble Equity team is pretty tired but in good spirits, as there was a lot to talk about this week. But, first, three things to start us off: All that said, here’s what we talked about on

Matt Martin Contributor Matt Martin is CEO and co-founder of Clockwise, a San Francisco-based software company. More posts by this contributor Recession-proof your software engineering career It all started with an email from a customer: “Do you know why Bain Capital Ventures is reaching out to me about Clockwise?” That email would mark the beginning

Kaia Health, a digital therapeutics startup which uses computer vision technology for real-time posture tracking via the smartphone camera to deliver human-hands-free physiotherapy, has closed a $26 million Series B funding round. The funding was led by Optum Ventures, Idinvest and capital300 with participation from existing investors Balderton Capital and Heartcore Capital, in addition to

Over the past two decades, the venture capital industry has exploded beyond anyone’s wildest imaginations. What began as a sleepy industry in Boston and Menlo Park has now expanded to dozens of cities the world over. The National Venture Capital Association estimates that VCs deployed more than $130 billion in 2018 and 2019, and thousands

DoorDash has confirmed that it is raising “approximately $400 million” in a Series H round of funding. Earlier today, Axios reported that the company was looking for roughly $400 million round at a post-money valuation of $16 billion. DoorDash clarified in a statement provided to TechCrunch that the valuation is slightly under the $16 billion

Chinese e-commerce giant JD.com’s shares rose 5.7% after opening at HKD $239 (about USD $30.80) during their first day of trading on the Hong Kong stock exchange. JD.com had originally priced the shares for the secondary offering at $226. JD.com issued 133 million new Class A ordinary shares as part of the secondary offering and

Adtech startup Admix is announcing that it has raised $7 million in Series A funding. The London-based company was founded by CEO Samuel Huber (previously owner of an indie gaming studio) and COO Joe Bachle-Morris (who previously worked in the ad agency world). The company is working to bring ads to games, esports, virtual reality

Landing page optimization company Unbounce is announcing that it has raised $52 million Canadian (approximately $38.4 million in US dollars). Unbounce was founded back in 2009 with what co-founder and CEO Rick Perreault described as a goal of helping small and medium businesses easily create different landing pages where they can direct potential customers after

Square acquired Verse, a Spanish peer-to-peer payment app that works across Europe. Terms of the deals are undisclosed. According to Crunchbase, Verse had raised $37.6 million from Spark Capital, eVentures and Greycroft Partners and others. Square has attracted a ton of user with Cash App, its peer-to-peer payment app that lets you easily send and