TechCrunch Startup News

As companies look for ways to respond to incidents in their complex micro services-driven software stacks, SREs or site reliability engineers are left to deal with the issues involved in making everything work and keeping the application up and running. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Younited Credit has raised a $170 million funding round. Goldman Sachs is leading the round with existing investors Eurazeo, Bpifrance and AG2R La Mondiale also participating. The company offers several credit products to European consumers. It also has a diversified distribution strategy. Learn more about your ad choices. Visit podcastchoices.com/adchoices

WellSaid Labs, whose tools create synthetic speech that could be mistaken for the real thing, has raised a $10M Series A to grow the business. The company’s home-baked text-to-speech engine works faster than real time and produces natural-sounding clips of pretty much any length, from quick snippets to hours-long readings. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lacuna Technologies, a startup that helps cities create and enforce transportation policies by building and managing open-source digital tools, has raised $16 million in a Series A round, bringing the company’s total investment to $33.5 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Planet, which operates a network of around 200 satellites that provides Earth imaging, as well as analytics of the data derived from that observation, is going public in a merger with special purpose acquisition company (SPAC) dMY Technology Group IV. Learn more about your ad choices. Visit podcastchoices.com/adchoices

China has ordered app-store operators to remove the app of Didi from their stores, the latest as tension escalates between the nation’s largest ride-hailing giant and local regulators. Learn more about your ad choices. Visit podcastchoices.com/adchoices

E-commerce is booming in Southeast Asia, but in many markets, the fragmented logistics industry is struggling to catch up. This means sellers run into roadblocks when shipping to buyers, especially outside of major metropolitan areas, and managing their supply chains. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Tinybird, a new startup that helps developers build data products at scale without having to worry about infrastructure, query time and all those annoying issues that come up once you deal with huge data sets. The company ingests data at scale, lets you transform it using SQL and then exposes that data through API […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Edtech startup Microverse has tapped new venture funding in its quest to help train students across the globe to code through its online school which requires zero upfront cost, instead relying on an income-share agreement which kicks in when students find a job. Learn more about your ad choices. Visit podcastchoices.com/adchoices

LA-based game studio Singularity 6 has banked more funding as it scales itself up and readies for the launch of its debut title. The startup tells TechCrunch, they’ve raised $30 million in a Series B bout of funding led by FunPlus Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Email has the highest return on investment than any other marketing channel because you have a captive audience who has opted-in to you communicating with them. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Australian rocket launch startup Gilmour Space Technologies is betting that bigger isn’t always better. The company has developed a small launch vehicle it calls Eris, a 25 meter (82 foot) rocket that can deliver payload of up to 215 kilograms (474 lbs) to sun synchronous orbit. Now, it’s raised a $61 million AUD ($46 million […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fresh off the heels of a $650 million Series E funding round, 3D printed rocket startup Relativity Space is now preparing to increase production capacity by a factor of ten, with the opening of a 1 million square-foot factory headquarters in Long Beach, California. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As companies expand worldwide, and meet online in tools like Zoom, the language barrier can be a real impediment to getting work done. Zoom announced that it intends to acquire German startup Karlsruhe Information Technology Solutions or Kites for short, to bring real-time machine learning-based translation to the platform. The companies did not share the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Foursquare co-founder Dennis Crowley has announced that he is stepping back of his full-time role at the company. During the first seven years of the company, he was the startup’s Chief Executive Officer. In 2016, Crowley moved to an executive chairman position. He’s also been running the Foursquare Labs R&D group since then. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, has raised “$50 million-plus” in a funding round that doubles its valuation to $2 billion. The latest financing comes just three months after the San Francisco-based startup raised $150 million in a Series D funding round […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Voyager Innovations, the Manila-based owner of PayMaya, one of the Philippines’ most popular payment and financial services apps, announced today it has raised $167 million in new funding to launch more financial services, including a digital bank. The raise includes $121 million in new funding, and $46 million from previously committed funds. Voyager announced in […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mercuryo, a startup that has built a cross-border payments network, has raised $7.5 million in a Series A round of funding. The London-based company describes itself as “a crypto infrastructure company” that aims to make blockchain useful for businesses via its “digital asset payment gateway.” Specifically, it aggregates various payment solutions and provides fiat and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cryptocurrency company Circle has announced that it plans to launch a new API for companies using Circle accounts to manage crypto assets — and in particular USDC stablecoins. The new API will let companies access decentralized finance (DeFi) protocols starting with Compound lending pools. Circle is better known as one of the founding members of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

As companies deliver code ever faster, they need tooling to provide some semblance of control and governance over the cloud resources being used to deliver it. Env0, a startup that is helping companies do just that, announced a $17 million Series A today. M12, Microsoft’s Venture Fund, led the round with participation from previous investors […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup Revolut has filed some financial results and is sharing details with the press. In 2020, the company reported $361 million in revenue (£261 million) — that’s a 57% increase compared to 2019 revenue of $229 million (£166 million). Interestingly, those revenue figures have been adjusted to include fair value gains on cryptocurrency assets […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2 billion. Embark takes a different approach to autonomous trucking: As opposed to manufacturing and operating a fleet of trucks themselves, which is the route rival TuSimple […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sohail Prasad and Samvit Ramadurgam are cofounders who met during Y Combinator’s 2012 summer batch and went on to cofound Forge, which helps accredited investors and institutions buy and sell private company shares and which most recently raised $150 million in new funding in May. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vantage, a service that helps businesses analyze and reduce their AWS costs, today announced that it has raised a $4 million seed round led by Andreessen Horowitz. A number of angel investors, including Brianne Kimmel, Julia Lipton, Stephanie Friedman, Calvin French Owen, Ben and Moisey Uretsky, Mitch Wainer and Justin Gage, also participated in this […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

For most people in India, having to engage with banks doesn’t instill a sense of joy. Banks in the South Asian market are notorious for making unannounced spam calls to upsell customers loans and credit cards, even when they have been explicitly asked not to do so. Moreover, when a customer does reach out to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 million shares. Learn more about your ad choices. Visit podcastchoices.com/adchoices

MFast, a mobile app that lets Vietnamese users in remote areas access financial services, announced it has raised a $1.5 million pre-Series A today. The round was led by Do Ventures, with participation from JAFCO Asia. Launched in 2019 by fintech company Digipay, MFast says it has been used by 600,000 people to date. It […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Mediflash, a new French startup that wants to improve temp staffing in healthcare facilities, such as nursing homes, clinics and mental health facilities. The company positions itself as an alternative to traditional temp staffing agencies. They claim to offer better terms for both caregivers and institutions. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Databases run the world, but database products are often some of the most mature and venerable software in the modern tech stack. Designers will pixel push, frontend engineers will add clicks to make it more difficult to drop out of a soporific Zoom call, but few companies are ever willing to rip out their database. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Twine, a video chat startup that launched amid the pandemic as a sort of “Zoom for meeting new people,” shifted its focus to online events and, as a result, has now closed on $3.3 million in seed funding. To date, twine’s events customers have included names like Microsoft, Amazon, Forrester, and others. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It certainly follows then that some leading construction robotics companies are able to strike while the iron is hot with some healthy raises. Today, Bay Area-based Dusty Robotics announced a $16.5 million Series A. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Social calendar app IRL has been busy building a messaging-based social network, or what founder and CEO Abraham Shafi calls a “WeChat of the West.” Following its pandemic-fueled growth and further push into the social networking space with group chat and other features, IRL is today announcing a sizable $170 million Series C growth round, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

A group of 200 startup founders, investors, associations and government members are backing a manifesto and a set of recommendations in order to create the next wave of tech giants in Europe. Today, French President Emmanuel Macron is hosting an event in Paris with some of the members of this group called Scale-Up Europe. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Serial edtech entrepreneur David Blake, who co-founded Degreed and launched LearnIn, is living the dream of any book worm. He reads at least one book a week, talks to the authors behind it and unpacks his biggest questions around the subtlest of passages. And it’s all thanks to his latest startup, BookClub, which first launched […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Klaxoon is announcing a product update for its whiteboard collaboration platform as well as a new hardware product. With Hybridity, the company is going to sell ready-to-use conference rooms that optimize hybrid meetings between people currently in the office and people on the go. Let’s start with the software update. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The round will help the company bolster the predictive AI and machine learning algorithms that power nSure AI’s “first of its kind” fraud protection platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s easier than ever to build a product and sell it around the United States, or the world. But if you want to do so without incurring the wrath of any particular state, or nation-state, you’d best have your tax matters in order. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Lydia is better known as the dominant app for peer-to-peer payments. But the company has been adding more features, such as a debit card, account aggregation, donations, money pots and more. This week, the company is adding savings accounts thanks to a partnership with French fintech startup Cashbee. Learn more about your ad choices. Visit podcastchoices.com/adchoices

New regulations are making it easier to invest in alternative assets via crowdfunding, and the recent explosion of crypto and NFTs means that investors are more diversified than ever. Keeping up with such a variety of investments may prove difficult to those who want to handle managing their investment portfolios on their own. Money Minx, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

One clear outcome of the pandemic was pushing more people to do their shopping online, and that was as true for B2B as it was for B2C. Knowing which of your B2B customers are most likely to convert puts any sales team ahead of the game. Slintel, a startup providing that kind of data, announced […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Threat intelligence company Recorded Future is launching a $20 million fund for early-stage startups developing novel data intelligence tools. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After co-founding Insomnia Consulting, Stacey Abrams and Lara O’Connor Hodgson started Nourish to address a personal problem. “We were at a meeting, I think for one of my campaigns,” explains Abrams, the Georgia-based lawyer and politician whose voting rights work became a focal point for the country in 2020. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Pennylane has raised a new $18.3 million funding round (€15 million). Interestingly, this is Sequoia Capital’s first investment in France after they announced ambitious expansion plans in Europe. If you’re not familiar with Pennylane, the startup has been developing an accounting platform that improves accounting for both clients and their accountants. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The buy now, pay later frenzy isn’t going anywhere as more consumers seek alternatives to credit cards to fund purchases. And those purchases aren’t exclusive to luxuries such as Pelotons (ahem, Affirm) or jewelry someone might be treating themselves to online. Learn more about your ad choices. Visit podcastchoices.com/adchoices

New York-based Simulate today announced a $50 million fundraise. Led by Alexis Ohanian’s 776, the Series B brings the meat alternative’s total funding to north of $60 million and values it at $260 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Astra, the space launch startup with plans to go public via a SPAC merger, will acquire electric propulsion maker Apollo Fusion, the company said Monday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Toyota AI Ventures, Toyota’s standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds: the Toyota Ventures Frontier Fund and the Toyota Ventures Climate Fund. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa’s total raised to $4.5 million since it launched in 2019. Co-founder and chief executive officer James Roring M.D., told TechCrunch in an email that the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gong, the revenue intelligence startup, has been raising capital at a rapid pace, and today the company announced another $250 million on a $7.25 billion valuation, a number that triples its previous valuation from last summer. Learn more about your ad choices. Visit podcastchoices.com/adchoices