Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. We have something special this week and it’s not just because Kate’s in Berlin for TechCrunch Disrupt Europe and Alex’s in the throws of a cross country move! No, we’ve had this episode in the works for a
Startups
Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 million. The extended seed round for the two-year-old startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8,
Bill.com went public today after pricing its shares higher than it initially expected. The B2B payments company sold nearly 10 million shares at $22 apiece, raising around $216 million in its IPO. Public investors felt that the company’s price was a deal, sending the value of its equity to $35.51 per share as of the
Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. This morning we’re digging into the current IPO market, asking ourselves how much damage WeWork really did to other companies hoping to go public. Is the IPO window closed, and if not, what sort of companies
French startup Yubo has raised a $12.3 million funding round led by Iris Capital and Idinvest Partners. Existing investors Alven, Sweet Capital and Village Global are also participating. The startup has managed to attract 25 million users over the years — there are currently tens of thousands of people signing up to the platform every
Fourteen startups presented on-stage today at Disrupt Berlin, giving live demos and rapid-fire presentations on their origin stories and business models, then answering questions from our expert judges. Now, with the help of those judges, we’ve narrowed the group down to five startups working on everything from productivity to air pollution. These finalists will be
Mark your calendars and dust off your public-speaking skills. This year, there’s an exciting new opportunity at TC Sessions: Robotics & AI, which returns to UC Berkeley on March 3, 2020. We’ve added a pitch-off specifically for early-stage startups focused on AI or robotics. You heard right. In addition to a full day packed with
Electric vehicle startup Nio is laying off 141 people at its North American headquarters. According to a filing from Employment Development Department of California, the employees at its San Jose office received notice on December 6. Nio, whose global headquarters are in Shanghai, announced last month that it is partnering with Intel’s Mobileye to develop
Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas. The 18-month-old startup said on Wednesday it has raised $32 million in a Series B financing round led by Lightspeed and Greenoaks Capital. Zetwerk
Open source is a great source of free tools for developers, but as these projects proliferate, and some gain in popularity, the creators sometimes look for ways to monetize successful ones. The problem is that it’s hard to run a subscription-based, dual-license approach and most developers don’t even know where to start. Enter Israeli startup
Heiliger Strohsack — or holy smokes as we say here in the States! We’re just hours away from kicking off Disrupt Berlin 2019 (11-12 December). We have a stellar event planned with an all-star lineup that only TechCrunch can assemble, and we’re expecting our largest number of attendees yet. Seriously, have you read the star-packed
Early-stage startups have a massive problem: there are way, way too many things to do, and never enough people to do them. Whether it’s growth marketing, or product design, or software engineering or a myriad list of other tasks, something somewhere isn’t going to get done by the founding team and early employees. And so
Venture capital investment in all-female founding teams hit $3.3 billion in 2019, representing 2.8% of capital invested across the entire U.S. startup ecosystem this year, according to the latest data collected by PitchBook. While that number may seem insubstantial, it’s a step up from last year’s total. In 2018, venture capitalists struck 580 deals worth
There have been a lot of bumps in the road for startups building used-car marketplaces, but now one of the longer-standing of them has closed a major round of funding — a clear sign of the mileage left in this category. Vroom has raised $254 million, a Series H that it plans to use to
Raysecur says at least ten times a day someone sends a suspicious package containing powder, liquid, or some other kind of hazard. The Boston, Mass.-based startup says its desktop-sized 3D real-time scanning technology, dubbed MailSecur, can intercept and detect threats in the mailroom before they ever make it onto the office floor. Mailroom security may
Streaming aggregator Reelgood capitalized on the overabundance of streaming services available today by offering consumers a universal dashboard where you can track what you’re watching and discover your next binge. It then translated the activity from its over 10 million users into data it licenses to major companies, including Roku, Microsoft, smart TV makers, NYPost
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was a bit different than usual. First, we managed to come close to our old time target (20 minutes) instead of our regular length (30 minutes). And, second, Alex is coming back to TechCrunch starting next
Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Chinese investor activity in Africa. Before that, I noted Airbnb’s issues. Remember, you can send me tips, suggestions
Meatable, the Dutch startup developing cruelty-free technologies for manufacturing cultured meat, is pivoting to pork production as a swine flu epidemic ravages one quarter of the world’s pork supply — and has raised $10 million in financing to support its new direction. When the company unveiled its technology last year, it was one of several
Nathan Beckord Contributor More posts by this contributor Non-obvious fundraising tips from a Silicon Valley outsider 2017 is the year your startup gets funded As the world grows increasingly digital, the craving for face-to-face connections is surging. Squad, an invite-only community and app, is trying to fill the need for offline connections by curating tight-knit
Canva, the design company with nearly $250 million in funding, has today announced a variety of new features, including a video editing tool. The company has also announced Canva Apps, which allows developers and customers alike to build on top of Canva. Thus far, Dropbox, Google Drive, PhotoMosh and Instagram are already in the Canva
One month after Airbnb confirmed plans to verify all of its listings, the home-sharing giant has announced additional efforts to protect its hosts and guests. Airbnb will provide “clear and actionable enforcement framework” for scenarios including excessive noise, major cleanliness concerns, as well as unauthorized guests, parking and smoking. The company, expected to go public
Thiago Paiva Contributor Thiago is a fintech entrepreneur, investor, and columnist. He is currently a product leader at Oyster, a neobank for SMEs in Latin America. More posts by this contributor The battle to become the Mexican Nubank just started Although the 2008 global financial crisis sparked the fintech movement, in Latin America, the rise
Ten years ago, the vast majority of designers were working in Adobe Photoshop, a powerful tool with fine-tuned controls for almost every kind of image manipulation one could imagine. But it was a tool built for an analog world focused on photos, flyers and print magazines; there were no collaborative features, and much more importantly
It didn’t take much for the founders of Cora, Brazil’s newest startup to tackle some aspect of the broken financial services industry in the country, to raise their first $10 million. Igor Senra and Leo Mendes had worked together before — founding their first online payments company, MOIP, in 2005. That company sold to WireCard
Peyton Carr Contributor Peyton Carr is a Financial Adviser to founders, entrepreneurs and their families, helping them with planning and investing. He is a Managing Director of Keystone Global Partners. More posts by this contributor Make a personal plan for your exit or IPO Founders, entrepreneurs, and tech executives in the know realize they may
A lot of companies talk about the value of your data, and about helping you get more control over the information you share, but Toronto-based Delphia is unique in aiming to build a viable, sustainable and scalable way to take a person’s data and turn that into real monetary gain. It’s not aiming to do
Silicon Valley’s top venture capital firms, from Sequoia to Benchmark to Accel, are investing more and more dollars overseas, as more globally-minded unicorns crop up across Europe. As Forbes recently noted, U.S. VCS are “bonkers for European startups,” with “more money … flowing into European tech than ever.” Seems like a great time to sit
Back in February, we wrote that Postscript “wants to be the Mailchimp for SMS.” Now they’ve raised $4.5 million to help get it done. This round was led by Accomplice, and backed by Kayak co-founder Paul English, Wufoo co-founder Kevin Hale, Klaviyo co-founder Andrew Bialecki, Drift co-founder Elias Torres, Front co-founder Mathilde Collin and Podium
This is it, code jockeys — your last call to grab a seat and compete in the TC Hackathon at Disrupt Berlin 2019 on 11-12 December. We limited participation to 500 people and, with just eight days to go, only a few spots remain. Do you have the skills, stamina and creativity it takes to build a
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