TechCrunch Startup News

Fondeadora, a fintech startup based in Mexico City and building a challenger bank, has extended its Series A funding round. I covered the company’s original round back in August 2020. Learn more about your ad choices. Visit podcastchoices.com/adchoices

You might think that Clubhouse is the final word on audio-centric social networks, but a San Francisco startup called Swell is launching its own iOS and Android app focused on voice conversations. The big difference: While conversations on Clubhouse all happen in real-time — meaning that you’ve got to listen live or miss it all […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

St. Louis-based voice assistant startup Disruptel is announcing that it has raised $1.1 million in seed funding. The money comes from an impressive group of investors who seem well-aligned with what the startup is aiming to do — namely, build a voice assistant that can provide detailed information about what’s happening on your TV screen. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Arist, a startup that sells software allowing other organizations to offer SMS-based training to staff, announced that it has extended its seed round to $3.9 million after adding $2 million to its prior raise. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Backed by innovations in science, big data, financing and farmer networking, investing in regenerative agriculture promises to slash farming’s carbon footprint while rewarding farmers for their stewardship. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Each of the big three cloud vendors — Amazon, Microsoft and Google — has a marketplace where software vendors can sell their wares. It seems like an easy enough proposition to throw your software up there and be done with it, but it turns out that it’s not quite that simple. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Months after raising a Series C worth $45 million, Chicago-based M1 Finance announced a new round of capital today. A Series D, the new $75 million investment was led by Coatue, with two prior investors — Left Lane Capital and Clocktower Technology Ventures — also taking part. The new financing comes after M1 raised twice […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Montreal-based Heyday announced today that it has raised $6.5 million Canadian ($5.1 million in US dollars) in additional seed funding. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Fleex, a French startup that was formally named Flexlab. The company wants to make it easier to give some cash to your employees so that they can spend it on a desk, an external monitor, some computer peripherals, a nice chair, etc. Essentially, Fleex wants to make it easier to turn remote work into […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Cube, a startup that builds FP&A software for the mid-market, announced that it has raised a $10 million Series A. The company previously raised a $5 million seed round that TechCrunch covered last August. Mayfield led its Series A, which saw participation from Operator Collective and Bonfire Ventures. FP&A is probably not an […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Israel-based ForSight Robotics announced today that it has raised $10 million for what it has deemed a “mega-seed round.” Led by Eclipse Ventures and Mithril Capital, the round will go toward expanding the company’s headcount and global reach, as it looks to bring its offerings to international markets. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Vendr announced a $60 million Series A round, a huge funding event led by Tiger Global, with participation from Y Combinator, Sound Ventures, Craft Ventures, F-Prime Capital, and Garage Capital. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Planted, a startup pursuing a unique method of creating a vegetarian chicken alternative, has raised an $18M (CHF 17M) Series A to expand its product offerings and international footprint. With new kebabs and pulled-style faux meats available and steak-like cuts in the (literal) pipeline, Planted has begun to set its sights outside central Europe. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Optimizely co-founder Dan Siroker said the idea for his new startup Scribe goes back to a couple of personal experiences — and although Scribe’s first product is focused on Zoom, those experiences weren’t Zoom-related at all. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. And the company is going to let customers switch to Revolut Bank in 10 additional countries. Learn more about your ad choices. Visit podcastchoices.com/adchoices

At a time when e-commerce is exploding due in large part to the pandemic, a business that helps any online merchant ship goods to a consumer in one or two days is going to be in demand. Deliverr is a startup that fits that bill, and today the company announced a $170 million financing round. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both numbers match prior TechCrunch reporting that the company was targeting a $400 million raise at a valuation of between $5 billion and $6 billion. Andreessen […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

As demand for cloud native applications is growing, Yugabyte, makers of the cloud native, open source YugabyteDB database are seeing a corresponding rise in demand for their products, especially with large enterprise customers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple providers for one shipment, and many warehouses are still concentrated around major cities. Learn more about your ad choices. Visit podcastchoices.com/adchoices

It’s not yet fire season thankfully, which affords some breathing room for firefighters and emergency responders to begin planning out how to confront the increasingly complex and unwieldy task of preventing and responding to fires in the American West. Learn more about your ad choices. Visit podcastchoices.com/adchoices

According to an amended S-1 filing, South Korean e-commerce leader Coupang expects to price its initial public offering between $27 to $30 per share, potentially raising up to $3.6 billion. Learn more about your ad choices. Visit podcastchoices.com/adchoices

As building in public continues to gain popularity with early-stage startup founders, Murmur, coming out of stealth today, wants to leverage that natural transparency to a louder frequency. Founded by Aaron Dignan, Murmur helps startups create work agreements based on the policies of other startups. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Because news of its SPAC-fueled public market debut wasn’t enough, Rocket Lab also unveiled a new class of rocket it has in development on Monday. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Atlassian platform is chock full of data about how a company operates and communicates. Atlassian launched a machine learning layer, which relies on data on the platform with the addition of Atlassian Smarts last fall. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Aquarium, a startup from two former Cruise employees, wants to help companies refine their machine learning model data more easily and move the models into production faster. Today the company announced a $2.6 million seed led by Sequoia with participation from Y Combinator and a bunch of angel investors including Cruise co-founders Kyle Vogt and Dan Kan. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning MealMe.ai, a food search engine, announced that it has closed a $900,000 pre-seed round. Palm Drive Capital led the round, with participation from Slow Ventures and CP Ventures. TechCrunch first became familiar with MealMe when it presented as part of the Techstars Atlanta demo day last October, mentioning it in a roundup of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Maze has closed a $15 million Series A funding round led by Emergence Capital. The company lets you run user tests at scale so that you can get feedback before rolling out a design update or test copy. When you have a lot of users, you don’t want to roll out some changes before testing […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Harbor, an app that gamifies emergency preparedness, has today announced the launch of a premium tier that includes features like an emergency button called HarborHELP that it has built in partnership with home-security company ADT. The premium subscription also includes a family plan, which lets paying users add up to 12 other users to the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning the tech-heavy Nasdaq Composite index is off 2.34% after falling yesterday. Shares of Tesla are off more than 6% today, now mired in a bear-market correction after reaching new all-time highs earlier this year. Apple stock is worth $122.02 per share, down from over its recent highs of more than $145. After a […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Archer Aviation, the electric aircraft startup that recently announced a deal to go public via a merger with a blank-check company, plans to launch a network of its urban air taxis in Los Angeles by 2024. The announcement comes two months after the formation of the Urban Air Mobility Partnership, a one-year initiative between Los […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Creatio, a Boston-based software company, announced that it has raised $68 million. Volition Capital, a growth-equity fund, led the round. The deal was a minority investment in the startup. The deal is notable not merely thanks to its sheer size, but because up until today Creatio had bootstrapped. That’s according to founder and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Despite the market impact of the COVID-19 pandemic, retail investing is increasing in Indonesia, especially among people aged 18 to 30. Today, investment platform FUNDtastic announced it has raised a $7.7 million Series A to tap into that demand, with plans to launch new products for retail investors, reports DealStreetAsia. The round was led by […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

AccountsIQ, a financial management software (FMS) startup founded by a team of chartered accountants (when accountants want to be entrepreneurs, you know startups are a thing), has raised €5.8 million in funding. Backing the Dublin-based company, which targets mid-sized businesses that operate multi-entities, is Finch Capital, the fintech focussed VC that recently outed its third […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Today, that software is offered as a cloud service should be pretty much considered a given. Certainly any modern tooling is going to be SaaS, and as companies and employees add services, it becomes a management nightmare. Enter Torii, an early stage startup that wants to make it easier to manage SaaS bloat. Today, the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Update: There’s an entire second session of this? My lord. Today the House Financial Services Committee dragged the CEO of Reddit, a Cato wonk, social media icon DeepFuckingValue, the CEO of Citadel Kenneth Griffin, a hedgefund bro who got whomped by DeepFuckingValue, and the CEO of Robinhood Vlad Tenev, who got womped when individual investors […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Massachusetts-based Locus Robotics today announced a $150 million Series E. The round, led by Tiger Global Management and Bond, brings the firm’s total to around $250 to date, and values the robotics company at $1 billion. Locus is notable for a more modular and flexible solution for automating warehouses than many of its competitors (see: […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Ally.io, a software startup with a focus on the OKR (objectives and key results, in case you’ve somehow avoided being exposed) goal-setting technique, announced that it has closed $50 million in new capital. The Series C round was led by Green Oaks Capital, Madrona Capital, and its Series B lead, Tiger Global. Ally […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Nate Faust has spent years in the e-commerce business — he was a vice president at Quidsi (which ran Diapers.com and Soap.com), co-founder and COO at Jet (acquired by Walmart for $3.3 billion) and then a vice president at Walmart. Over time, he said it slowly dawned on him that it’s “crazy” that 25 years […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The hodl-crew are having quite the moment as bitcoin passed the $50,000 mark earlier today for the first time. Data pegs the peak at just over $50,500. The price of bitcoin, the world’s best-known cryptocurrency, has historically proven a reasonable proxy for consumer interest in the cryptocurrency space, and for trading activity amongst blockchain-based assets. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fronted, the London-based fintech aiming to make life easier for renters, including lending the cash needed for a deposit, has finally launched. In March, its founders took the decision to “hibernate” the nascent business after the first lockdown and with the pandemic taking hold. But, now with regulatory approval from the FCA and rents falling […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

GoPuff, the U.S.-based startup that operates its own “microfulfillment” network and promises to deliver items such as over-the-counter medicine, baby food and alcohol in 30 minutes or less, is in talks to acquire the U.K.’s Fancy Delivery, TechCrunch has learned. According to sources, terms of the acquisition are still being fleshed out, and the deal […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Notion, the online workspace startup that was last year valued at over $2 billion, is currently offline after a DNS outage knocked the site off the internet. The collaborative online office and document service was not loading as of around 9am ET on Friday, preventing anyone who relies on the service from accessing their cloud-stored […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cloud monitoring platform Datadog has announced that it plans to acquire Sqreen, a software-as-a-service security platform. Originally founded in France, Sqreen participated in TechCrunch’s Startup Battlefield in 2016. Sqreen is a cloud-based security product to protect your application directly. Once you install the sandboxed Sqreen agent, it analyzes your application in real time to find […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Ramp, a startup that competes in the corporate spend market, announced that it has secured a $150 million debt facility with Goldman Sachs. Ramp previously raised a $30 million Series B in late December 2020, after raising a $23 million Series A earlier in the same year. TechCrunch spoke with Ramp co-founder and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

People don’t often equate gaming with dating, but maybe they should. As gaming continues to grow in popularity, particularly in the wake of the pandemic, a new startup called 2up is launching to help gamers connect both on and off screen. The app was founded by sibling duo Stephanie and Lincoln Smith, who have been […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Monzo, the U.K. challenger bank with just shy of 5 million customers, has recruited a new U.S CEO to head up its efforts states-side, TechCrunch has learned. Carol Nelson, who previously spent ten years as CEO of Cascade Bank and prior to that was a long time senior vice president of Bank of America, will […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Powder, a French startup that helps you share video clips of your favorite games, follow people with the same interests and interact with them. The company has raised a $14 million Series A round led by Serena. Powder wants to build the video infrastructure for social gaming. While many communities of gamers already share […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup Klarna is turning its mobile app into a banking app in Germany. Customers living there can now open a consumer bank account and get a Visa debit card. For now, Klarna is launching bank accounts for a limited number of users. The company expects to roll it out more broadly in the coming […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

LiveRamp has acquired DataFleets, a fresh young startup that made it possible to take advantage of large volumes of encrypted data without the risk or fuss of decrypting or transferring it. LiveRamp, an enterprise data connectivity platform itself, paid more than $68M for the company, a huge multiple on DataFleet’s $4.5M seed announced just last […] Learn more about your ad choices. Visit podcastchoices.com/adchoices