
TechCrunch Startup News
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One Concern raises $45M from SOMPO to scale its disaster resilience platform across Japan
Climate change is intensifying across the globe, and one of the most challenging cases is Japan. In addition to lying on a major fault, the archipelago is increasingly inundated from rising sea levels that make the country more prone to disasters. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lightyear is a new stock trading app from early Wise employees
Meet Lightyear, a new London-based startup coming out of stealth today. The company is building a stock trading app with a focus on creating a truly commission-free app. In addition to waving account fees and trading fees, Lightyear doesn’t charge foreign exchange fees either — up to a certain point. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stemma launches with $4.8M seed to build managed data catalogue
As companies increasingly rely on data to run their businesses, having accurate sources of data becomes paramount. Stemma, a new early stage startup, has come up with a solution, a managed data catalogue that acts as an organization’s source of truth. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Kabuto releases a larger version of its smart suitcase
Kabuto, the French startup that designs and sells smart suitcases, is releasing a new suitcase today. Called the Kabuto Trunk, this is the company’s biggest suitcase to date. Unlike smart suitcases from other brands, this isn’t just a suitcase with a battery in it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ditto raises $1.5 million to help teams collaborate on copy
Even as remote software uptake has boomed during the pandemic, certain workflows have gotten prioritized for specialized toolsets while other team members have been left piecemealing their productivity. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Singapore-based D2C dental brand Zenyum raises $40M Series B from L Catterton, Sequoia India and other investors
Zenyum, a startup that wants to make cosmetic dentistry more affordable, announced today it has raised a $40 million Series B. This includes $25 million from L Catterton, a private equity firm focused on consumer brands. Learn more about your ad choices. Visit podcastchoices.com/adchoices

June makes product analytics more accessible
Meet June, a new startup that wants to make it easier to create analytics dashboards and generate reports even if you’re not a product analytics expert. June is built on top of your Segment data. Like many no-code startups, it uses templates and a graphical interface so that non-technical profiles can start using it. Learn more about your ad choices. Visit podcastchoices.com/adchoices

By working with home entrepreneurs, Jakarta-based DishServe is creating an even more asset-light version of cloud kitchens
Cloud kitchens are already meant to reduce the burden of infrastructure on food and beverage brands by providing them with centralized facilities to prepare meals for delivery. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anthropic is the new AI research outfit from OpenAI’s Dario Amodei, and it has $124M to burn
As AI has grown from a menagerie of research projects to include a handful of titanic, industry-powering models like GPT-3, there is a need for the sector to evolve — or so thinks Dario Amodei, former VP of research at OpenAI, who struck out on his own to create a new company a few months […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Café helps hybrid organizations schedule in-office time
Meet Café, a new French startup founded by two brothers that wants to help companies switch to a hybrid remote-and-office workplace model. Café isn’t a traditional desk-booking tool. Instead, the company helps you see when people in your team are coming to the office so that you can plan when you should go to the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Engine Biosciences expands its digital drug discovery pipeline with $43M round
Drug discovery is a large and growing field, encompassing both ambitious startups and billion-dollar Big Pharma incumbents. Engine Biosciences is one of the former, a Singaporean outfit with an expert founding crew and a different approach to the business of finding new therapeutics, and it just raised $43 million to keep growing. Digital drug discovery […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Parametrix Insurance raises $17.5 million to offer cloud downtime insurance
Insurtech is picking up steam in a big way, but startup Parametrix thinks there is still plenty of room left to innovate. The company, which today announced the close of a $17.5 million funding round, offers insurance policies for companies who rely on third-party cloud providers, ecommerce services, payment gateways and CRM systems. In essence, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tractive raises $35M as it expands GPS pet tracking to the US
Another sizable raise for a pet (cats and dogs) tracking company this morning. Austria-based Tractive has announced a $35 million Series A, led by Guidepost Growth Equity. The round is the company’s first since 2013, when its GPS-based tracker first hit the market. Along with the funding round, the company is also announcing its official […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aurora Solar aims to power the growing solar industry with a $250M round C
Aurora Solar had one of those pitches that seemed obvious in retrospect. Instead of going to a house and measuring its roof manually for a solar panel installation, why not use aerial scans and imagery of the whole region? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Call it a comeback: Turntable.fm raises $7.5M
Earlier this year, Turntable.fm’s founder Billy Chasen dusted off the old site and resurrected it for the pandemic age. I know I wasn’t the only one feeling a wistful pang of nostalgia for the service during the long, dull days of sheltering in place. And while March 2020 would have been the best time for […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indoor farming company Bowery raises $300M
New York City-based vertical farming startup Bowery Farming this week has announced a $300 million Series C. The round, which brings its total funding north of $472 million, values the company at $2.3 billion. Fidelity Management & Research Company led the beefy round, with participation from existing investors GV (formerly Google Ventures), General Catalyst, GGV […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a YC “power” play, Gridware girds $5.3M to save humanity from weather
You might have thought that with more than 300 companies joining this year’s winter batch of Y Combinator, the investor interest might have thinned. Well, it’s 2021 and investors are hopping around like crazy to invest in ideas that push the boundaries in fields far flung from enterprise SaaS. Case in point today: Gridware. It’s […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fireflies.ai raises $14M for its meeting transcription and automation service
The Fireflies.ai project is a good reminder that not every startup project goes from idea to unicorn-status in 48 minutes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mio, a social commerce startup focused on smaller cities and rural areas in Vietnam, raises $1M seed
Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia, but many major platforms still focus on large cities. This means people in smaller cities or rural areas need to deal with longer wait times for deliveries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ex-Square execs launch Found to help the self-employed, raise $12.75M from Sequoia
If you’ve ever been self-employed you know what a pain it is to keep up with the hassles of running a business. From bookkeeping to invoicing to paying taxes — it’s one big headache. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Don’t tweet about $ASS
I am not a smart man. Earlier today I tweeted about $ASS, a cryptocurrency named after a dog. In this case, Australian Shepherds. And after doing that obviously stupid thing, my Twitter feed became chock-full of ass-related imagery, memes, and $ASS coin stans breathing on me. It’s all very annoying as I run Tweetdeck on […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Upstream, a Miami-based professional networking platform, raises a $2.75M seed round
If you’re reading this, there’s a pretty good chance you have a LinkedIn profile with your digital resume and hundreds — if not thousands — of professional connections. But how many of those people do you actually know well, and, more importantly, do you ever connect with them and meet others from their networks? Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startup studio eFounders reaches portfolio valuation of $2 billion
European startup studio eFounders has now been around for 10 years. And because a birthday sounds like a good opportunity to share some metrics, the portfolio companies have reached a valuation of $2 billion together —Â only 18 months after reaching $1 billion. eFounders says it is focused on building the future of work. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Beta Technologies adds $368 million in Series A funding for its electric aviation ecosystem
Electric aviation startup Beta Technologies closed a $368 million Series A funding round on Tuesday, with investments from Amazon’s Climate Pledge Fund. The new capital is the second round of funding announced by the company this year, after the company raised $143 million in private capital in March. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Finary wants to create the wealth management dashboard for the next generation
Meet Finary, a new French startup that wants to change how you manage your savings, investments, mortgage, real estate assets and cryptocurrencies. The company lets you aggregate all your accounts across various banks and financial institutions so that you can track your wealth comprehensively over time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cortex snags $2.25M seed to build services catalog for development teams
One thing is clear in the cloud native world. Developers use a lot of services to create applications, and while service meshes define how these services work together, just getting a grip on the services a team uses is usually tracked manually in spreadsheets. That’s where Cortex, a new startup, comes in. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fresh out of YC, Houm raises $8M to improve the home rental and sales market in LatAm
As a longtime real estate developer based in Chile, Benjamin Labra was able to spot gaps in the buying and renting markets in Latin America. To meet demands, he started Houm, an all-in-one platform that helps homeowners rent and sell their properties in the region. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cisco strikes again grabbing threat assessment tool Kenna Security as third acquisition this week
Cisco has been busy on the acquisition front this week, and today the company announced it was buying threat assessment platform Kenna Security, the third company it has purchased this week. The two companies did not disclose the purchase price. With Kenna, Cisco gets a startup that uses machine learning to sort through the massive […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

SpecTrust raises millions to fight cybercrime with its no-code platform
Risk defense startup SpecTrust is emerging from stealth today with a $4.3 million seed raise and a public launch. Cyber Mentor Fund led the round, which also included participation from Rally Ventures, SignalFire, Dreamit Ventures and Legion Capital. SpecTrust aims to “fix the economics of fighting fraud” with a no-code platform that it says cuts […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Alba Orbital’s mission to image the Earth every 15 minutes brings in $3.4M seed round
Orbital imagery is in demand, and if you think having daily images of everywhere on Earth is going to be enough in a few years, you need a lesson in ambition. Alba Orbital is here to provide it with its intention to provide Earth observation at intervals of 15 minutes rather than hours or days […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

BluBracket nabs $12M Series A to expand source code security platform
BluBracket, an early stage startup that focuses on keeping source code repositories secure, even in distributed environments, announced a $12 million Series A today. Evolution Equity Partners led the round with help from existing investors Unusual Ventures, Point72 Ventures, SignalFire and Firebolt Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Legionfarm, pairing pro gamers with amateurs, raises $6 million Series A
Legionfarm, the gaming platform that lets gamers play with pro players in their favorite games, has today announced the close of a $6 million Series A round. Investors in the round include SVB, Y Combinator, Scrum VC, Kevin Lin, Altair Capital, Ankur Nagpal and more. Legionfarm launched out of Y Combinator at the beginning of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jamf snags zero trust security startup Wandera for $400M
Jamf, the enterprise Apple device management company, announced that it was acquiring Wandera, a zero trust security startup, for $400 million at the market close today. Today’s purchase is the largest in the company’s history. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Amplitude acquires Iteratively
Amplitude, the well-funded product intelligence startup that helps businesses use their data to predict which features will drive the best business outcomes for them, today announced that it has acquired Iteratively, a startup that helps businesses build trustworthy data pipelines. Learn more about your ad choices. Visit podcastchoices.com/adchoices

DataRobot expands platform and announces Zepl acquisition
DataRobot, the Boston-based automated machine learning startup, had a bushel of announcements this morning as it expanded its platform to give technical and non-technical users alike something new. It also announced it has acquired Zepl, giving it an advanced development environment where data scientists can bring their own code to DataRobot. The two companies did […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indy VC firm Sixty8 Capital launches $20M fund aimed at underrepresented founders
It is clear that Black, women, Latinx and LGBTQ+ startup founders face an uphill battle when it comes to getting a share of the VC investment pie in Silicon Valley. Perhaps that’s why Sixty8 Capital, a firm based in Indianapolis, Indiana, smack dab in the middle of the country, has chosen to launch a new […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Serial fiction app Radish acquired by Kakao Entertainment for $440M
Serialized fiction app Radish has been acquired by Kakao Entertainment in a transaction valued at $440 million. Kakao Entertainment is owned by Kakao, the South Korean internet giant whose services include its eponymous messaging platform. Radish founder Seungyoon Lee will hold onto his role as its chief executive officer, while also becoming Kakao Entertainment’s global […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Tiger Global is betting that more schools are going to share future student earnings
Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. Learn more about your ad choices. Visit podcastchoices.com/adchoices

BigBrain aims to bring live mobile trivia back to glory
If you ask Nik Bonaddio why he wanted to build a new mobile trivia app, his answer is simple. “In my life, I’ve got very few true passions: I love trivia and I love sports,” Bonaddio told me. “I’ve already started a sports company, so I’ve got to start a trivia company.” He isn’t kidding […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Metafy adds $5.5M to its seed round as the market for games coaching grows
This morning Metafy, a distributed startup building a marketplace to match gamers with instructors, announced that it has closed an additional $5.5 million to its $3.15 million seed round. Call it a seed-2, seed-extension or merely a baby Series A; Forerunner Ventures, DCM and Seven Seven Six led the round as a trio. Metafy’s model […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

How 4 New Jersey pools turned into a startup that just raised $10M
As the oldest of 12 children, Bunim Laskin spent much of his teen years looking for ways to help keep his siblings entertained. Noticing that a neighbor’s pool was often empty, Laskin reached out to ask if his family could use her pool. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Timescale grabs $40M Series B as it goes all in on cloud version of time series database
Timescale, makers of the open source TimescaleDB time series database, announced a $40 million Series B financing round today. The investment comes just over two years after it got a $15 million Series A. Redpoint Ventures led today’s round with help from existing investors Benchmark, New Enterprise Associates, Icon Ventures and Two Sigma Ventures. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fitness ring maker Oura raises $100M
It’s been a wild couple of years for Oura. Last year, in particular, proved to be a major driver for the wearable fitness manufacturer. With the pandemic bringing professional sports to a screeching halt in 2020, a number of major leagues have adopted the ring, including the NBA, WNBA, UFC and NASCAR. Learn more about your ad choices. Visit podcastchoices.com/adchoices

alt.bank, Brazil’s latest fintech targeting the unbanked, raises $5.5M
It looks like everyone and their mother is trying to reinvent the Brazilian banking system. Earlier this year we wrote about Nubank’s $400 million Series G, last month there was the PicPay IPO filing and today, alt.bank, a Brazilian neobank, announced a $5.5 million Series A led by Union Square Ventures (USV). Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hangry, an Indonesian cloud kitchen startup with plans to become a global F&B company, closes $13M Series A
Hangry, an Indonesian cloud kitchen startup that wants to become a global food and beverage company, has raised a $13 million Series A. The round was led by returning investor Alpha JWC Ventures, and included participation from Atlas Pacific Capital, Salt Ventures and Heyokha Brothers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Y Combinator-backed Uiflow wants to accelerate no-code enterprise app creation
TechCrunch recently caught up with recent Y Combinator graduate Uiflow, a startup that is building a no-code enterprise app creation service. If you are thinking wait, don’t a number of companies already do that?, the answer is yes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cloud gaming service Shadow taken over by OVHcloud founder
Blade, the French startup behind cloud gaming service Shadow, has been acquired by Octave Klaba’s fund following a commercial court order. Klaba is better known as the founder of OVHcloud, a French cloud hosting company. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Firstbase raises $13M to make remote work suck less
The chance that I am ever willing to commute on a regular basis again in the future is zero. It’s too inefficient. And while workers and employers are somewhat split on where they stand on the question of remote toil, the COVID-19 pandemic has permanently shaken up the working world; we’re not going back to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Splitwise raises $20M Series A to help everyone in the world divvy expenses
This morning Splitwise, a Providence, Rhode Island-based startup announced that it has closed a $20 million Series A. The company builds consumer fintech software that helps users split expenses. But Splitwise isn’t a Venmo or Paytm clone. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Botpress nabs $15M Series A to help developers build conversational apps
Botpress, a Montreal-based early stage startup, wants to make it easier for developers to build conversational-based apps, meaning humans interact with the app by speaking instead of typing, clicking or tapping. Today it announced an $15 million Series A from Decibel and Inovia Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices