TechCrunch Startup News
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India’s Uolo raises $22.5M to bring edtech to the masses
Uolo, an Indian edtech platform that works with private K-12 schools to offer online learning programs to middle and low-income families, has raised $22.5 million in a funding round led by UAE-headquartered VC fund Winter Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bosch shuts down its app store for AI-powered, internet-connected cameras
In 2018, appliance conglomerate Bosch created a startup, Security and Safety Things (or “SAST” for short), whose stated mission was to develop a platform to help developers create software for AI-equipped cameras. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Autonomous and electric truck company Einride raises $500M in equity and debt
Einride today announced a $500 million tranche of financing as it looks to expand its autonomous and electric trucks into new markets globally. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Rezonate raises $8.7M and launches its cloud identity protection platform out of stealth
Rezonate, a Boston- and Tel Aviv-based startup that offers an agent-less cloud identity protection platform that aims to help DevOps teams minimize attackers’ opportunities to breach cloud identity and access, is coming out of stealth today and announcing an $8.7 million seed funding round. Learn more about your ad choices. Visit podcastchoices.com/adchoices
With $3M new funding, Egyptian startup OneOrder sets out on growth drive
OneOrder, Egypt’s supply chain solutions provider for restaurants, has raised $3 million seed funding led by Nclude with participation from A15, and Delivery Hero Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Looks like sextech startup Lora DiCarlo is done for
Lora DiCarlo, a sextech startup that made headlines in 2019 after being blacklisted from the Consumer Electronics Show, seems to have shut down. The company’s website is offline and reportedly orders have gone unfulfilled for months. TechCrunch has reached out to the eponymous founder for confirmation, but it sure looks like the end of the […]Looks like sextech startup Lora DiCarlo is done for by Devin Coldewey originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kenya’s Uncover raises $1M to expand skincare product enterprise across Africa
Africa’s beauty and personal care market is growing accelerated by its growing young and fashion conscious population, increasing spending power, and urbanization. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mozilla acquires Active Replica to build on its metaverse vision
An automated status updater for Slack isn’t the only thing Mozilla acquired this week. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spend management platform Teampay expands partnership with Mastercard, raises $47M
In 2016, Andrew Hoag, formerly a senior manager at Verisign and a web project lead at NASA’s Ames Research Center, founded Teampay, a platform that attempts to automate the software purchasing process for companies. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Shield, a communication compliance platform for financial institutions, raises $20M
Two months ago, the Securities and Exchange Commission (SEC) said it had fined 16 Wall Street firms more than $1.1 billion for “widespread recordkeeping failures” regarding maintaining electronic communications, contravening federal securities laws. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Airbnb is helping finds renters an apartment so they can Airbnb it
Airbnb really wants you to Airbnb an apartment. So its latest step is to find renters a place, which they can also list on the travel booking platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Natives Rising wins backing to help Native Americans into tech and startups
According to the National Center for Education Statistics, Black, Latina, and Native American women represent approximately 16 percent of the total US population, but make up only 4 percent of students obtaining bachelor’s degrees in computing. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Southeast Asia insurtech Igloo increases its Series B to $46M
Igloo, a Singapore-based insurtech focused on underserved communities in Southeast Asia, announced it has raised a Series B extension of $27 million, bringing the round’s total to $46 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices
CRED acquires CreditVidya
CRED is acquiring CreditVidya, a SaaS startup that helps firms underwrite first-time borrowers, in the latest of a series of investments from the Bengaluru-headquartered fintech as it broadens its offerings. The firms did not disclose the terms of the deal. The 10-year-old CreditVidya — headquartered in Hyderabad and backed by Navroz Udwadia, Kalaari Capital and […]CRED acquires CreditVidya by Manish Singh originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices
Female Invest acquires sustainability-focused investment platform Gaia Investments
When Female Invest launched in 2019, it did so with the goal of creating a community where women who wanted to invest in the stock market, but weren’t sure where to start, could gain the knowledge and confidence to take the plunge. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Deepomatic wants to build the AI-based computer vision companion for field workers
French startup Deepomatic has raised a $10.5 million (€10 million) Series B funding round. While the founding round is relatively small, the startup has managed to convince some large-scale clients to use its visual automation platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Google Cloud partners with Indian startup SuperGaming to offer gaming engine to developers
Google Cloud has partnered with SuperGaming to offer the Indian gaming startup’s proprietary gaming engine, SuperPlatform, to developers worldwide, the latest in a series of recent steps from the Android-maker to expand focus into the gaming industry. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Dat Bike gets another $8M to put more e-bikes on Vietnam’s roads
Dat Bike is on a mission to put more electric bikes on Vietnam’s roads. The startup said today it has raised $8 million led by returning investor Singapore-based firm Jungle Ventures, just seven months after its first round of funding was announced. Learn more about your ad choices. Visit podcastchoices.com/adchoices
As employees shift from office, Cloudbrink provides a strong, secure internet connection
Most companies have worked hard over the years to produce strong and secure internet connections in the office, but over the last several years in particular, as more employees have been working away from the office, it’s been difficult for IT pros to reproduce that speed and safety. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sequoia India’s Surge backs healthtech startup RedBrick AI in $4.6M funding
Healthtech startup RedBrick AI has raised $4.6 million in a funding round led by Sequoia India and Southeast Asia’s Surge as it plans to expand the market for its medical imagery annotations solution. Learn more about your ad choices. Visit podcastchoices.com/adchoices
‘Stranger Things’ actor wants to spread the wealth around tbh, his vegan Nutella alternative
Actor Noah Schnapp, who plays Will on Netflix’s hit original series Stranger Things, is passionate about tbh, a company he co-founded which aims to “reinvent” hazelnut cocoa spread Nutella. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bitpanda obtains German crypto license as crypto platforms want to prove they are legit
All eyes are currently on the collapse of FTX in the crypto industry. That’s why today’s news from Bitpanda is an important signal for the Austrian unicorn company. Bitpanda has received a crypto license from Germany’s financial regulator (BaFin). Learn more about your ad choices. Visit podcastchoices.com/adchoices
SponsorUnited secures $35M investment to build out its database of brand sponsorships
Sponsorships are a multibillion-dollar industry. But data on sponsorships, like who’s sponsoring who, can be tough to come by because of the various forms they take — and channels on which those sponsorships take place (think not only websites and social media posts but also physical signage and even sports team jerseys). Learn more about your ad choices. Visit podcastchoices.com/adchoices
Flipkart chief warns startups of turmoil and funding crunch for another 12 to 18 months
The funding winter for the startup ecosystem may continue for another 12 to 18 months and the industry might have to grapple with a “lot of turmoil and volatility,” e-commerce giant Flipkart chief executive Kalyan Krishnamurthy has warned executives. Learn more about your ad choices. Visit podcastchoices.com/adchoices
ReadySpaces, which offers co-warehousing spaces to corporate customers, secures $20M in debt
Jon Zimmerman — the co-founder of ReadySpaces, a warehouse storage provider for small businesses — was working in the self-storage market when he had the idea for a product with the flexibility of self-storage but the capabilities of a traditional warehouse, aimed primarily at enterprise customers. Learn more about your ad choices. Visit podcastchoices.com/adchoices
With $8.6M in seed funding, Nx wants to take monorepos mainstream
Narwhal, the company behind the popular monorepo-focused open source Nx build system for JavaScript code, today announced that it has raised an $8.6 million seed funding round co-led by Nexus Venture Partners and Andreesen Horowitz. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Elephantech wants to create circuit boards that are kinder to the environment
Printed circuit boards (PCB), which perform essential functions in electronic devices, including displays and sensors, need a lot of energy to create. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Summer International uses social media data to launch new beauty brands
If you follow #beautytok, #beautytube or any beauty content on social media platforms, you know that popular product trends are hard to keep up with. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Zest wants to make buying and sending gifts online ‘delightful’
While e-commerce was on the rise before the pandemic, the massive shift to digital supercharged the online shopping industry — bringing entirely new categories of products (and shoppers) to the web. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Thailand’s Beam simplifies checkout for social commerce
The social commerce market is already worth more than $13 billion in Southeast Asia, but the checkout process is filled with friction. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Silkhaus gets $7.75M to digitize short-term rentals across emerging markets
Silkhaus, a Dubai-based platform for short-term rentals coming out of stealth, has raised $7.75 million in seed funding, money it plans to use for expansion across South Asia, Southeast Asia and the MENA region. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Induction cooking heats up with a $20M cash injection for Impulse
All electric, everywhere, all of the time; that’s one of the many climate mantras. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Directus wants to democratize data across the enterprise
A startup that wants to democratize data in the enterprise? Learn more about your ad choices. Visit podcastchoices.com/adchoices
Pet insurance startups chase the market as pet ownership booms among Gen Z and Millennials
Walk through any public park these days and you will see a hell of a lot more dogs than you might have done three years ago. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Airly fights air pollution with a network of affordable sensors
Cleantech startup Airly wants to help communities around the world improve air quality with affordable sensors and software that provides actionable insights. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Perfekto bags $1.1M to find homes for imperfect produce in Mexico
Perfekto's customers can personalize their subscription box of imperfect produce, of which the company says 1 million pounds have been rescued from landfills since 2021. Learn more about your ad choices. Visit podcastchoices.com/adchoices
With new capital, Adapty is betting it can help app devs make more money
Adapty hopes to help developers earn more from their apps. So far, it has been doing this mostly by powering A/B testing for paywalls, but it has a broader road map.With new capital, Adapty is betting it can help app devs make more money by Anna Heim originally published on TechCrunch Learn more about your ad choices. Visit podcastchoices.com/adchoices
Equals secures $15M investment to supercharge spreadsheets
Equals, a New York-based startup ambitiously aiming to challenge Excel’s dominance with a supercharged spreadsheet, today announced that it raised $16 million in a Series A funding round led by Andreessen Horowitz (a16z), with participation from Craft Ventures, Box Group, Worklife and Combine. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kuda takes digital banking play to the U.K. with its remittance product
Kuda, the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. by offering a remittance product to Nigerians in the diaspora. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Beekeeper, which helps companies engage with their ‘deskless’ frontline workforce, raises $50M
Beekeeper, a platform for businesses to engage with frontline workers, has raised $50 million in a Series C round of funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Eliyan raises $40M from Intel and Micron to build chiplet interconnects
Increasingly, as Moore’s law rears its ugly head, computer chip developers are adopting “chiplet” architectures to scale their hardware’s processing power. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Security automation startup Veriti launches out of stealth with $18.5M
Veriti, a platform for unifying cybersecurity infrastructure, today emerged from stealth with $18.5 million in funding, a combination of $12 million from Insight Partners and a $6.5 million round led by NFX and Amiti. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Twitter said to delay verification check mark rollout until after US midterm elections
Twitter is reportedly delaying the rollout of verification check marks to subscribers as the social network attempts to steer clear of possible impact to Tuesday’s midterm elections. Learn more about your ad choices. Visit podcastchoices.com/adchoices
After 40 million app downloads, PhotoRoom raises $19 million
French startup PhotoRoom has raised a $19 million Series A funding round. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sacca’s Lowercarbon doubles down on startup bringing solar modules to Indian rooftops
Chris Sacca’s Lowercarbon is doubling down on a startup that is racing to bring solar modules to rooftops in India. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Spend management startup Pleo lays off 15% of its workforce
Danish startup Pleo has announced that it plans to lay off around 15% of the company’s workforce. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Dropit picks up $25M to digitize brick-and-mortar stores and unify inventories
Dropit, a retail technology platform that bridges the digital divide by unifying merchants’ online and in-store inventories, has raised $25 million in a Series C round of funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Bump builds a central hub for all your APIs
Meet Bump, a French software-as-a-service startup that wants to help you maintain and use APIs across your organization. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Former Yext CEO launches Roam to provide a virtual HQ for distributed teams
Roam, which bills itself as a “cloud HQ” for distributed, remote companies, today emerged from stealth with $30 million in Series A funding led by IVP with participation from undisclosed angel investors. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Microsoft backs web3 game developer Wemade
Microsoft has backed Wemade, a popular video game developer that has made aggressive bets on blockchain in recent years, the latest sign of tech giants’ showing growing interest in web3. Learn more about your ad choices. Visit podcastchoices.com/adchoices