TechCrunch Startup News
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Canvas Medical, ‘the Tesla of EMRs,’ raises a $24 million Series B round
When Andrew Hines started Canvas Medical in 2015 he couldn’t have predicted that telehealth would go from niche to norm or that a pandemic would inspire entrepreneurs to launch a new fleet of digital health startups that needed fresh infrastructure. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Medusa’s open source e-commerce tool for JavaScript developers aims to take on Shopify
Medusa aims to offer APIs beyond the standard marketplaces ones for merchants to build more advanced features like fulfillment, subscriptions or a wholesale channel. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Meet the all-electric RV startup steered by Tesla alumni
What started as a pet project to electrify food trucks in the San Francisco Bay area — an enterprise inspired by the cacophony of generators that greeted Ben Parker every day during his lunch break at Tesla — has evolved into a much larger, complex and potentially more lucrative undertaking. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Kindly Health makes hormonal health care more approachable
Hormonal healthcare can be intimidating, since it touches on the most intimate parts of our lives. Kindly Health wants to make it accessible to more people, with a combination of at-home diagnostic tests (including semen tests and tests for polycystic ovary syndrome), telehealth consultations and supplements. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Deci lands $25M for tech that makes AI models more efficient
Deci, a startup company with 50 employees who are developing a platform to build and optimize AI-powered systems, today announced that it closed a $25 million Series B financing round led by Insight Partners. Learn more about your ad choices. Visit podcastchoices.com/adchoices
DeltaStream secures cash to build real-time streaming databases
DeltaStream, which is developing a streaming database platform geared toward enterprise customers, today announced that it raised $10 million in a seed round led by New Enterprise Associates. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Uprise banks $1.4M to be a ‘family office’ for Gen Z
Uprise takes in a user’s full financial picture, including overlooked aspects like employer benefits, and offers recommendations on where to funnel money. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Scale Computing secures $55M to help companies manage edge infrastructure
Edge computing is seeing an explosion of interest as enterprises process more data at the edge of their networks. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Despite layoffs, there’s still a talent crunch in Southeast Asia
Tech layoffs have hit almost every region in the world, and Southeast Asia is no exception, with companies like Sea, Crypto.com and JD.ID among those affected. In particular, fintech startups—BNPL, credit and lending, and inventory-holding businesses—are vulnerable, like in other parts of the world. Learn more about your ad choices. Visit podcastchoices.com/adchoices
For businesses seeking low-code fintech infrastructure options, there’s a Quiltt for that
Company founders pivoted when customers wanted their fintech data engine over their budgeting app. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Casper king Philip Krim is getting into the insurance business
Since departing his role as Casper CEO in 2021, Philip Krim has spent the majority of his time investing and incubating companies via Montauk Ventures. The latest is an insurance company called Ranger, which aims to elevate the agents in the insurance industry, rather than replace them. Most of the new-wave insurance platforms out there […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Six reasons to apply to the Startup Battlefield 200 at TechCrunch Disrupt
If you haven’t heard yet, there’s a new and awesome opportunity available for early-stage startup founders at TechCrunch Disrupt in San Francisco on October 18-20. It’s called the Startup Battlefield 200, and it’s packed with perks and possibility. Here’s the thing — it’s a time-sensitive application process, and you only have until July 31 to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Crypto gaming firm Cauldron raises $6.6M to build ‘Pixar of web3’
A number of crypto gaming firms have ramped up production in the past year with hopes of revolutionizing the growing industry. Adding to the list is London-based gaming firm Cauldron, which plans on becoming the “Pixar of web3” through a key element: storytelling. The company just closed a $6.6 million seed round and plans to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Wonderbelly is taking on Tums
Deep tech and D2C have very little in common, except Noah Kraft. The Doppler Labs founder, who first came into the spotlight in 2014 with the launch of a wireless earbuds company, is teaming up with his brother to start something brand new. Well, for clarity’s sake, the brother duo are actually disrupting something relatively […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Finli puts service-based business payment management in the palm of your hand
Finli’s platform was developed so owners could send invoices, look up customer information and check on payment status in between gigs. Learn more about your ad choices. Visit podcastchoices.com/adchoices
IBM acquires Databand to bolster its data observability stack
IBM today announced that it acquired Databand, a startup developing an observability platform for data and machine learning pipelines. Details of the deal weren’t disclosed, but Tel Aviv-based Databand had raised $14.5 million prior to the acquisition. Databand employees will join IBM’s data and AI division, with the purchase expected to close on June 27. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Maolac pours new funding into superfood mimicking breast milk health benefits
The company identifies and extracts functional proteins from bovine colostrum and uses them to make milk protein mixtures that could be used for different immune-boosting applications. Learn more about your ad choices. Visit podcastchoices.com/adchoices
AI-powered photo stock startup Wirestock lands partnership with Getty Images
As a stock photographer, taking great photos is often only just a tiny part of the job. To run a successful business, keywording, categorizing, captioning, and all the other admin that goes with it can take up almost as much time. That’s the problem Wirestock is solving, and the company just landed an important deal […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Black Swan analyzes social media to predict which products will be successful
Consumer packaged goods companies — think PepsiCo or Nabisco — face steep challenges from the rising cost of living and distribution. As inflation continues unabated, consumers’ disposable income isn’t going as far as it used to while products are becoming more expensive to ship. The pressure is on businesses to place their bets on the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Short video app Triller confidentially files to go public
TikTok rival Triller has confidentially submitted to the U.S. Securities and Exchange Commission paperwork for an initial public offering of its Class A common stock. The announcement comes as the company ended its $5 billion merger with video-tech company SeaChange International two weeks ago. Similar to TikTok, Triller allows users to create and share short-form […] Learn more about your ad choices. Visit podcastchoices.com/adchoices
Visby Medical tests positive for a Series E extension at $1B+ valuation
Medical diagnostics company Visby Medical raised $100 million in a Series E round earlier this year. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Promoted grabs more funding to help e-commerce marketplaces achieve profitability
For many marketplaces, those search, recommendation and ad functions are typically siloed, but Promoted has them all under one umbrella. Learn more about your ad choices. Visit podcastchoices.com/adchoices
April taps AI to help personalize and autofill tax filings
Most Americans dread doing their taxes. Surveys show as much. But as many as 40% rely on money from tax refunds to satisfy some financial obligation. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Marketing automation startup Rocket Reach nabs $24M for expansion
Retail Rocket, a retention management platform for brands, today announced that it raised $24 million in a Series A round led by Cyprus-based private equity fund Flintera. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Nautical Commerce sails away with new funding to bring marketplace tech to the masses
The company is boiling down the time it takes for businesses to create an e-commerce marketplace from two to three years to about 90 days. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear
Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Sharebite bags $39M to expand its corporate food ordering program
Sharebite, a startup that partners with restaurants to deliver food to corporate clients, today announced that it raised $39 million in a Series B round led by Prosus with participation from Fiserv, Contour Venture Partners, Reign Ventures, London Technology Club and Not Boring Fund. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Degreed’s co-founder is back at the company he left…with the startup he built
Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. Learn more about your ad choices. Visit podcastchoices.com/adchoices
ConductorOne is bringing automation to identity and access management with $15M investment
The founders of ConductorOne, an identity and access control startup, both came from Okta, which is itself a single sign-on vendor based on the zero trust model. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Zomato acquires Blinkit for $568 million in instant-grocery delivery push
Zomato has acquired Blinkit, a struggling 10-minute grocery delivery startup, in a $568.1 million all-stock deal as the loss-making food delivery firm looks to broaden its offerings at a time when its shares are trading far below last year’s debut price. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Cryptoys banks a16z funding to build NFTs for kids
The past several months haven’t been entirely kind to the NFT market — while transaction volume hasn’t stuttered too significantly, the dollar amount invested in the space has been in free fall as cryptocurrency prices have taken a historic dive. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Epsilon3’s space industry OS powers more than launches as it brings in $15M in new funding
The space industry is evolving, as are the tools it uses; Epsilon3 is a startup trying to make launches, satellite design, rocket manufacturing, and other complex processes easier and more collaborative. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tiger Global backs SaaS omnichannel social commerce platform SleekFlow in $8M funding
Social commerce — the process of buying and selling products or services directly through social media platforms like Facebook, Instagram and TikTok — is becoming the most natural way for consumers to make purchases since people use social media and messaging apps almost every day. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Starburst acquires data lake analytics accelerator Varada to challenge Snowflake
Starburst, the well-funded data warehouse analytics service and data query engine based on the open-source Trino project, today announced that it has acquired Varada, a Tel Aviv-based startup that focuses on data lake analytics. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Fermyon wants to reinvent the way programmers develop microservices
When Fermyon’s founders were working at Microsoft, they helped build a lot of cloud native technologies. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Vietnam-based Anfin makes stock investing accessible
Based in Vietnam, Anfin wants to turn more people into stock investors with features like fractional trading and in-app communities. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Platform.sh secures $140M for web app development tools
The growing complexity of web infrastructure is a challenge that many organizations face today. When building and deploying web apps, IT teams must grapple with an array of choices, from selecting which backend system to use to deciding which framework to code in. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Redwood Materials partners with Toyota to recycle batteries in US
Redwood Materials, the lithium-ion battery recycling startup founded by former Tesla CTO JB Straubel, is partnering with Toyota to collect, refurbish and recycle batteries and battery materials that can be sent to the Japanese automaker’s upcoming North Carolina battery plant. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses
Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Marc Lore’s food delivery startup Wonder raises $350M at a $3.5B valuation
New York-based Wonder, a mobile restaurant delivery service led by Marc Lore, has raised $350 million in Series B funding. The company is now worth about $3.5 billion, according to The Wall Street Journal. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Brain data startup Rune Labs gets FDA clearance for Apple Watch-based Parkinson’s tracker
Rune Labs, a precision neurology company in San Francisco, announced that its StrivePD software ecosystem for Parkinson’s disease has been granted 510(k) clearance by the U.S. Food and Drug Administration (FDA) to begin using the Apple Watch to collect and measure data from Parkinson’s patients. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Indian esports fantasy startup FanClash raises $40 million
Millions of Indians each year assemble virtual sports teams, placing their hopes on the players they pick to perform exceedingly well in real-world matches. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Zoovu lands $169M to drive online product discovery experiences
The competition in ecommerce has become fiercer as the pandemic drives shoppers online. At the same time, customers have grown to expect better experiences. According to helpdesk software vendor HiverHQ, 32% of consumers want customer service to be both more responsive and empathetic. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Tabnine raises $15.5M for AI that autocompletes code
Tabnine, a startup creating an “AI-powered assistant” for software developers, today closed a $15.5 million funding round co-led by Qualcomm Ventures, OurCrowd, and Samsung NEXT Ventures with participation from existing backers Khosla Ventures and Headline Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Edtech company Pok Pok raises $3M to expand its digital play experiences for kids
Pok Pok, a Toronto-based edtech company, has announced that it raised $3 million in seed funding to expand its play-based learning experiences for kids. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Cube, which wants to help finance teams plan better and faster, lands $30M after seeing 400% ARR growth
Cube, a startup that wants to help companies “plan their financial future,” has raised $30 million in a Series B funding round led by Battery Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Onymos raises $12M to provide plug-in features for apps
Onymos, a “feature-as-a-service” platform for app development, today announced that it closed a $12 million Series A round led by Great Point Ventures with participation from Benhamou Global Ventures, Engineering Capital, and Industry Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices
EV SPAC Faraday Future now has the attention of the DOJ
Amid an investigation by the Securities and Exchange Commission into inaccurate statements to investors, Faraday Future has received a preliminary request for information from the U.S. Department of Justice. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Boulder Care takes in funding as its opioid telehealth program yields industry-leading retention rates
The company is serving several thousand patients and growing its footprint as a value-add employee benefit. Learn more about your ad choices. Visit podcastchoices.com/adchoices
Charm Therapeutics applies AI to complex protein interactions, locking down $50M A round
The world of AI-powered drug discovery keeps expanding as the capabilities of machine learning grow. One approach that seemed unthinkable just a few years ago is simulating the complicated interplays of two interlocking molecules. Learn more about your ad choices. Visit podcastchoices.com/adchoices