TechCrunch Startup News

Wellory, a startup that bills itself as taking an “anti-diet approach” to nutrition and wellness, is announcing that it has raised $4.2 million in funding. The round was led by Story Ventures, with participation from Harlem Capital, Tinder co-founders Sean Rad and Justin Mateen, Ground Up Ventures, NBA Player Wayne Ellington, Hannah Bronfman and others. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). The cell-cultured chicken will eventually be produced under Eat Just’s new GOOD Meat brand through partnerships with local manufacturers and go on sale to restaurants before it is available to consumers. No chickens were killed […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

As we’ve moved to work from home during the pandemic, it’s been challenging for remote workers to feel connected. Loop Team, a new entrant into the enterprise communications space, thinks the way we are communicating needs improvement. That’s why the startup is releasing Loop Team today, a tool that is trying to use software to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Salut, an app-based service that allows fitness trainers to host classes virtually, announced that it has raised $1.25 million in a new financing event. The round was led by Charles Hudson, an investor at Precursor Ventures. Founder Matthew DiPietro, formerly of Twitch, told TechCrunch that Salut soft-launched in mid-September, with a wider release […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight. The company’s software helps clients with customer success, meaning it helps create a positive customer experience when they interact with your brand, making them more likely to come […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Materialize, the SQL streaming database startup built on top of the open source Timely Dataflow project, announced a $32 million Series B investment today led by Kleiner Perkins with participation from Lightspeed Ventures. While it was at it, the company also announced a previously unannounced $8 million Series A from last year that had been […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Hacker houses are making a comeback for entrepreneurs as remote work drags on. While founders are adapting to quarantine in style, a group of college women in their 20s aren’t waiting until they are done with undergraduate to plunge into the lifestyle themselves. Started by college juniors Coco Sack and Kendall Titus, Womxn Ignite is […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

When you launch an application in the public cloud, you usually put everything on one provider, but what if you could choose the components based on cost and technology and have your database one place and your storage another? That’s what Cast.ai says that it can provide, and today it announced a healthy $7.7 million […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

WeGift, the London-based startup that has built an “incentive marketing” platform that lets businesses easily issue e-gift cards and other digital rewards to customers, has raised $8 million in new funding. Dubbed a Series A extension, the round is led by AlbionVC. Existing investors including Stride.vc, SAP.iO fund and Unilever Ventures also followed on. Following […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Just a few months after launching margin trading on Coinbase Pro, the company is disabling the feature. Margin trading lets you trade on leverage. But it works both ways — margin trading lets you multiply your gains and your losses. Starting on November 25, 2pm PT, users won’t be able to place new margin trades. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dija, a new U.K. based startup founded by senior former Deliveroo employees, is closing in on $20 million funding, TechCrunch has learned. According to multiple sources, the round, which has yet to close, is being led by Blossom Capital, the early stage venture capital firm founded by ex-Index and LocalGlobe VC Ophelia Brown. It’s not […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Challenger bank N26 is adding a third subscription product called N26 Smart. N26 Smart is designed to be a mid-tier subscription plan with advanced banking features but without a travel insurance package. In Europe, in addition to the free plan, N26 already provides two subscription tiers called N26 You and N26 Metal. N26 You costs […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Several years ago Serenade co-founder Matt Wiethoff was a developer at Quora when he was diagnosed with a severe repetitive stress injury to his hand and couldn’t code. He and co-founder Tommy MacWilliam decided to use AI to create a tool that let him speak the code instead and Serenade was born. Today, the company […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Onit, a workflow software company based in Houston with a legal component, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This morning Wish, a well-known mobile ecommerce startup, filed to go public. It joins Affirm, Airbnb, and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic) is of particular interest given […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

The security sector is ever frothy and acquisitive. Just last week Palo Alto Networks grabbed Expanse for $800 million. Today it was FireEye’s turn snagging Respond Software, a company that helps customers investigate and understand security incidents, while reducing the need for highly trained and scarce security analysts. The deal has closed, according to the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Micromobility company Lime says it has moved beyond the financial hardship caused by the COVID-19 pandemic, reaching a milestone that seemed unthinkable earlier this year. In short, the company is now largely profitable. Lime said it was both operating cash flow positive and free cash flow positive in the third quarter — a first — […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Starting a small company used to be simple. Get some space on Main Street, put out a shingle, and begin plying your trade. Then the regulatory state came, and so did the internet. Now, entrepreneurs have to apply for licenses — sometimes multiple licenses in multiple states — and also handle all the intricacies of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Bella, a new challenger bank launching on November 30th. The company is trying to differentiate itself with two distinctive features. First, you can interact with the app using keywords and text commands. Second, Bella is trying to build a community that helps each other to differentiate its product from soulless monolithic banking services. Let’s […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

If we are to realize telehealth’s full potential, we must first reckon with the fact that there are serious flaws in the predominant way it is delivered today — flaws that endanger patients themselves. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Airbnb filed to go public today, bringing the well-known unicorn one step closer to being a public company. The financial results show a company on the rebound, but smaller than it was. Its more granular financial results also make clear how hard the pandemic was on the travel-reliant unicorn. Regarding Airbnb’s worth, investors will have […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

In a period of social distancing, making new professional connections feels harder than ever. So Amsterdam-based Cooper is building a network that’s all about making and receiving introductions. “Everything that happens in the network is based on on the foundation of introductions,” CEO Robert Gaal told me. “You should never get an unwanted message, and […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Deep Vision, a new AI startup that is building an AI inferencing chip for edge computing solutions, is coming out of stealth today. The six-year-old company’s new ARA-1 processors promise to strike the right balance between low latency, energy efficiency and compute power for use in anything from sensors to cameras and full-fledged edge servers. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

After filing earlier this year, DoorDash dropped its public S-1 filing this morning, bringing clarity to its numbers and moving it closer to a public debut that should happen before the end of the year. The company is one of several startups that we expect to see IPOs from before the year ends, despite some […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $140 million from investors, including SoftBank Vision Fund, Menlo Ventures, Reid Hoffman and Mark Pincus’ Reinvent Capital. Getaround’s raise signals that the company is looking for new ways […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

JumpCloud, the cloud directory service that debuted at TechCrunch Disrupt Battlefield in 2013, announced a $75 million Series E today. The round was led by BlackRock with participation from existing investor General Atlantic. The company wasn’t willing to discuss the current valuation, but has now raised over $166 million, according to Crunchbase data. Changes in […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Software is eating the world, and that grub can be costly. As the market for enterprise tools and software continues to balloon, organizations are spending more and more on that software across an increasingly complicated and rapidly evolving landscape. That’s where Clearfind comes in. Clearfind was founded (and bootstrapped) by James Layfield and Jocelyn Simon. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mozart Data founders Peter Fishman and Dan Silberman have been friends for over 20 years, working at various startups, and even launching a hot sauce company together along the way. As technologists, they saw companies building a data stack over and over. They decided to provide one for them and Mozart Data was born. The […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Molotov provides a TV streaming service in France that replaces the traditional set-top box. You can access live TV, subscribe to premium channels, watch content after they air and record content in the cloud. Today, the company is launching a different service, its own ad-supported on-demand streaming service — or AVOD service for […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Isovalent, a startup that aims to bring networking into the cloud-native era, today announced that it has raised a $29 million Series A round led by Andreesen Horowitz and Google. In addition, the company today officially launched its Cilium platform (which was in stealth until now) to help enterprises connect, observe and secure their applications. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. Portfolio companies include […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Xpressbees, an Indian logistics firm that works with several e-commerce firms in the country, said on Monday it has raised $110 million in a new financing round as online shopping booms in the world’s second largest internet market. The Pune-headquartered startup’s Series E financing round was led by private equity firms Investcorp, Norwest Venture Partners […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market, sending futures shares shooting higher in pre-market trading. But while the euphoria is helping sectors that have taken punishment during COVID-19, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last year, the French government and the government-backed initiative La French Tech unveiled an index of French startups so that it would be easier to identify them. The 40 top-performing startups get the label Next40, and the top 120 startups are grouped into the French Tech 120 — it’s a play on words with the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Starling founder Anne Boden recently told TechCrunch that the U.K. challenger bank is on track to be profitable by Christmas, but this doesn’t mean it isn’t out raising additional capital already. According to well-placed sources, Starling has hired Rothschild with the aim of raising a new £200 million round. The draw is its expected profitability, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rocket Lab is set to complete a crucial test for its rocket reusability program during its next mission, which is currently set to take place sometime in mid-November, with a launch widow that opens on November 16. This is a bit of a surprise, because the launch company said that it would be doing this […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Osome, a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. An extension of Osome’s seed round, the new funding was led by XA Network and AltaIR Capital. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Stensul, a startup aiming to streamline the process of building marketing emails, has raised $16 million in Series B funding. When the company raised its $7 million Series A two years ago, founder and CEO Noah Dinkin told me about how it spun out of his previous startup, FanBridge. And while there are many products focused […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

When we covered Leena AI as a member of the Y Combinator Summer 2018 cohort, the young startup was firmly focused on building HR chatbots, but in the intervening years it has expanded the vision to a broader HR policy platform. Today, the company announced an $8 million Series A led by Greycroft with help […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indonesia’s logistics industry is very fragmented, with several large providers operating alongside thousands of smaller companies. This means shippers often have to work with a variety of carriers, driving up costs and making supply chains harder to manage. Logisly, a Jakarta-based startup that describes itself as a “B2B tech-enabled logistics platform,” announced today it has […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

TVision is building what its team hopes will become the standard for measuring streaming viewership — and to accelerate those efforts, it’s raised $16 million in new funding. The New York City startup started out by measuring traditional TV viewing, using webcams to determine whether viewers were actually paying attention to the ads. More recently, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Financial guidance company NerdWallet announced at the end of last week that it has acquired Fundera. New York City-based Fundera was co-founded in 2013 by Jared Hecht, who previously co-founded GroupMe. It created a marketplace where small businesses could find loans, subsequently expanding into other areas like legal services, while also (like NerdWallet) offering free […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Started as a side project by its founders, Warren is now helping regional cloud infrastructure service providers compete against Amazon, Microsoft, IBM, Google and other tech giants. Based in Tallinn, Estonia, Warren’s self-service distributed cloud platform is gaining traction in Southeast Asia, one of the world’s fastest-growing cloud service markets, and Europe. It recently closed […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Daimler’s trucks division has invested in lidar developer Luminar as part of a broader partnership to produce autonomous trucks capable of navigating highways without a human driver behind the wheel. The deal, which comes just days after Daimler and Waymo announced plans to work together to build an autonomous version of the Freightliner Cascadia truck, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Atmos wants to make designing a house as simple as a single click. Well, that vision is now getting a double click from VCs. The company, which we profiled back in July, announced today that it raised another $4 million, this time from Evan Moore at Khosla Ventures, real estate strategic investors like David Gerster […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Atmos wants to make designing a house as simple as a single click. Well, that vision is now getting a double click from VCs. The company, which we profiled back in July, announced today that it raised another $4 million, this time from Evan Moore at Khosla Ventures, real estate strategic investors like David Gerster […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you miss hanging out with your coworkers but don’t want to spend a single second more on Zoom, the latest product from Donut might be the answer. The startup is launching its new Watercooler product today while also announcing that it has raised $12 million in total funding, led by Accel and with participation from […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup Upgrade has been quite successful with its two flagship products —Â a low-cost credit card and personal loans. The company is making its credit card more attractive by adding rewards. Upgrade Card consumers will earn 1.5% cash back on all purchases made with the card — there’s no specific category, no partner retailer, no […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anima, the company that turns design prototypes into code, has today announced the launch of Anima 4.0, which will allow designers to create prototypes in Figma that are translated into components in React with the click of a button. The company was founded by Or Arbel (cofounder of Yo!), Avishay Cohen (who led R&D at […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rockset, a cloud-native analytics company, announced a $40 million Series B investment today led by Sequoia with help from Greylock, the same two firms that financed its Series A. The startup has now raised a total of $61.5 million, according to the company. As co-founder and CEO Venkat Venkataramani told me at the time of […] Learn more about your ad choices. Visit podcastchoices.com/adchoices