
TechCrunch Startup News
3,836 episodes — Page 58 of 77

Movable Ink raises $30M as it expands its personalization technology beyond email marketing
Movable Ink, a company that helps businesses deliver more personalized and relevant email marketing, is announcing that it has raised $30 million in Series funding. The company will be 10 years old in October, and founder and CEO Vivek Sharma told me that it’s always been “capital efficient” — even with the new round, Movable […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Attabotics raises a $50M Series C for its warehouse fulfillment robots
The uptick in robotics funding continues this week with a big round for Calgary, Alberta’s Attabotics. The warehouse fulfillment startup announced a $50 million Series C, led — interestingly enough — by the Ontario Teachers’ Pension Plan Board, Canada’s largest pension plan. It’s a pretty hot moment for robotics and automation investing, as more industries […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

India’s OneCard credit card-maker FPL Technologies lands $10 million
A 20-month-old startup in India founded by a group of banking veterans that has built a mobile-first credit card and is improving the experience users have with credit cards has secured $10 million in a new financing round. Pune-based FPL Technologies’ $10 million Series A financing round was funded by Matrix Partners India, Sequoia Capital […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

AutoX launches its RoboTaxi service in Shanghai, competing with Didi’s pilot program
Autonomous vehicle startup AutoX announced the public launch of of its self-driving taxi service in Shanghai today. Called simply RoboTaxi, AutoX’s offering already faces competition from Didi, China’s largest ride-hailing platform, which launched its own robo-taxi pilot program in Shanghai at the end of June. AutoX’s RoboTaxis will first be available in Jiading District, starting […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Root AI raises $7.2M seed round to deploy its harvesting robot amid COVID-19-fueled demand
By all accounts, the COVID-19 pandemic has accelerated the adoption of robotics and automation by months, if not years. The reasons are fairly clear — robotics don’t call in sick, nor are they disease vectors in the same manner as their human counterparts. As food production and agriculture are looking to be among the biggest […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Labster lands new cash to bring its virtual reality science lab software to Asia
You could Zoom call into your science class, or you could conduct a lab experiment in virtual reality. During the coronavirus pandemic, the latter has never felt more full of potential. The global need for learning solutions beyond Zoom is precisely why Labster, a Copenhagen-based startup that helps individuals engage in STEM lab scenarios using […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cube closes $5M Seed round to scale its financial planning software
This morning Cube announced that it has closed a Seed round worth just over $5 million. The software startup, focused on financial planning and analysis (FP&A) work, raised $3.8 million of the total recently, with remaining $1.25 million having come in an earlier Pre-Seed round. Christina Ross, Cube’s CEO and founder, told TechCrunch that she […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Gong raises another $200M on $2.2B valuation
For the third time since last February, Gong has raised a significant sum. In February, the company scored $40 million. In December, it grabbed another $65 million, and today it was $200 million on a $2.2 billion valuation. That’s a total of $305 million in less than 18 months. Coatue led today’s cash infusion with […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Dog food startup Sundays launches its air-dried kibble alternative
Michael Waxman, co-founder and CEO of dog food startup Sundays, acknowledged that dog owners have no shortage of options when it comes to feeding their beloved pets — but he still thinks there’s room for something new. “There’s a sort of ‘Water everywhere, but not a drop to drink’ phenomenon,” Waxman said. “There are over […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Adaptive Shield raises $4M for its SaaS security platform
Adaptive Shield, a Tel Aviv-based security startup, is coming out of stealth today and announcing its $4 million seed round led by Vertex Ventures Israel. The company’s platform helps businesses protect their SaaS applications by regularly scanning their various setting for security issues. The company’s co-founders met in the Israeli Defense Forces, where they were […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Zin Boats reinvents the electric speedboat in a bid to become the Tesla of the sea
The automotive industry is knee deep in the vast transition to electric, but one place where gas is still going strong is out on the water. Zin Boats wants to start what you might call a sea change by proving, as Tesla did before it, that an electric boat is not just better for the planet, it's better in almost every other way as well. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Parsable scores $60M Series D as pandemic forces faster digitization of industrial sector
It seems the pandemic has forced the business world to digitize faster, and the industrial sector is no different. Parsable, a San Francisco startup that is helping digitize industrial front line workers, announced a $60 million Series D today. Activate Capital and Glade Brook Capital Partners co-led the round. They got help from new investors […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

DoubleVerify says ad fraudsters are using public domain content to create fake TV apps
The team at DoubleVerify, a company that helps advertisers eliminate fraud and ensure brand safety, said that it’s recently identified a new tactic used by ad fraudsters seeking to make money on internet-connected TVs. Senior Vice President of Product Management Roy Rosenfeld said that it’s harder for those fraudsters to create a legitimate-looking TV app […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sign up for the next Pitchers & Pitches competition on 8/13
Here’s a shout out to all the early-stage founders attending Disrupt 2020. Don’t forget to register for our next Pitchers & Pitches — on August 13 — and get ready to hone your 60-second pitch to a razor’s edge. If you’re not in the know, our ongoing Pitchers and Pitches webinar series is a pitch-off-masterclass-mashup. It’s […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Clean.io raises $5M to continue its battle against malicious adtech
Clean.io, a startup that helps digital publishers protect themselves from malicious ads, recently announced that it has raised $5 million in Series A funding. The Baltimore-based company isn’t the only organization promising to fight malvertising (such as ads that force visitors to redirect to another website). But as co-founder wrote Seth Demsey told me last […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Crossbeam announces $25M Series B to keep growing partnerships platform
As sales teams partner with other companies, they go through a process called account mapping to find common customers and prospects. This is usually a highly manual activity tracked in spreadsheets. Crossbeam, a Philadelphia startup, has come up with a way to automate partnership data integration. Today the company announced a $25 million Series B […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

What Q2 fundraising data tells us about the rest of 2020
If the current level of interest represents the new normal for VCs, we expect it to only increase as we enter the fall. Learn more about your ad choices. Visit podcastchoices.com/adchoices

PandaDoc announces second Series B extension worth $30M
PandaDoc, the startup that provides a fully digital sales document workflow from proposal to electronic signature to collecting payment, announced a $30 million Series B extension today, making it the the second such extension the company has taken since taking its original $15 million Series B in 2017. The total for the three B investments […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Krisp snags $5M A round as demand grows for its voice-isolating algorithm
Krisp’s smart noise suppression tech, which silences ambient sounds and isolates your voice for calls, arrived just in time. The company got out in front of the global shift to virtual presence, turning early niche traction has into real customers and attracting a shiny new $5 million series A funding round to expand and diversify […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Statiq wants to bootstrap India’s EV charging network
Electric vehicles (EVs) are spreading throughout the world. While Tesla has drawn the most attention in the United States with its luxurious and cutting-edge cars, EVs are becoming a mainstay in markets far away from the environs of California. Take India for instance. In the local mobility market, two- and three-wheel vehicles are starting to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Intercom hires a CFO as it ramps towards an IPO
Today Intercom announced that it has hired a chief financial officer (CFO) as it ramps towards an IPO. The unicorn also promoted its COO to the CEO role earlier this year. The company’s recent CEO, Karen Peacock, told TechCrunch that her new CFO Dan Griggs was a strong candidate thanks to his experience helping take […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

EventGeek relaunches as Circa to help marketers embrace virtual events
EventGeek was a Y Combinator-backed startup that offered tools to help large enterprises manage the logistics of their events. So with the COVID-19 pandemic essentially eliminating large-scale conferences, at least in-person, it’s not exactly surprising that the company had to reinvent itself. Today, EventGeek relaunched as Circa, with a new focus on virtual events. founder […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Cisco acquires Modcam to make Meraki smart camera portfolio even smarter
As the Internet of Things, proliferates, security cameras are getting smarter. Today, these devices have machine learning capability that help the camera automatically identify what it’s looking at — for instance an animal or a human intruder? Today, Cisco announced that it’s acquired Swedish startup Modcam and making it part of its Meraki smart camera […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Recruiting for diversity in VC
Dan Miller Contributor Share on Twitter Dan is a Partner at True Search where he leads the firm's Investment Professional practice, having worked with many top VC & PE firms in their senior hiring efforts. Like many industries with a high concentration of wealth — and the careers that help professionals accumulate it — investment […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Are option grants promoting gender and racial inequity?
I want to believe that companies that promise racial and gender equity in compensation make it happen, but not all do. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Point wants to provide credit card rewards with debit cards
Point, a new challenger bank in the U.S., is launching publicly today with an invite system. While Point is technically providing a bank account, the company focuses on rewards associated with a debit card. “I started Point as a solution about everything that is frustrating and complicated about credit cards. The incentives between credit card […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Singapore-based Volopay wants to be the “Brex of Southeast Asia”
Small- to medium-sized companies that do a lot of international business have to deal with two big headaches: high foreign exchange fees and corporate expense tracking. Volopay, a Singapore-based financial tech startup with offices in Bangalore, wants to help by integrating prepaid multi-currency corporate cards, expense tracking and accounting tools into one free-to-use platform. Volopay […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Explorium reels in $31M Series B as data discovery platform grows
In a world with growing amounts of data, finding the right set for a particular machine learning model can be a challenge. Explorium has created a platform to make that an easier task, and today the startup announced a $31 million Series B. The round was led by Zeev Venture with help from Dynamic Loop, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Y Combinator Demo Day to remain virtual and will be streamed live
After feedback from the investor and founder communities, Y Combinator is making a change to how it does Demo Days in a remote world. The accelerator announced today that it will keep its two-day Demo Day virtual, but instead of offering pre-recorded pitches on-demand, the entire program will be streamed live. In an e-mail, Y […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC alum Paragon snags $2.5M seed for low-code app integration platform
Low-code is a hot category these days. It helps companies build workflows or simple applications without coding skills, freeing up valuable engineering resources for more important projects. Paragon, a member of the Y Combinator Winter 2020 cohort, announced a $2.5 million seed round today for its low-code application integration platform. Investors include Y Combinator, Village […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

ClimaCell raises $23M Series C for its weather intelligence platform
ClimaCell, the weather forecasting and intelligence service that is using a number of interesting new techniques to gather weather data, today announced that it has raised a $23 million Series C round co-led by new investor Pitango Growth and existing investor Square Peg Captial. With this new round, the Boston- and TelAviv-based company’s total funding […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Investments in bioproducts surge as Geltor nabs new money
The manufacturer of a vegan collagen, Geltor, has raised a new round of financing — $90 million, according to people familiar with the company. It’s another sign of the newfound viability of sustainability and cell-based, vegetarian replacements for animal products. Sustainable bio-products, whether plant-based, genetically modified or cell-cultured, are having a big year. In the […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

cargo.one gets $18.6M to take its air freight booking platform over the pond
Berlin -based cargo.one, which runs a marketplace for booking air freight, has closed an $18.6 million Series A round of funding led by Index Ventures. Next47 and prior backers Creandum, Lufthansa Cargo and Point Nine Capital also participated in the round, along with a number of angel investors — including Tom Stafford of DST Global […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Revolut extends Series D round to $580 million with $80 million in new funding
Fintech startup Revolut just announced that it has raised $80 million as part of its Series D round that it had already announced in February. The new influx of funding comes from TSG Consumer Partners. In February, Revolut raised a $500 million led by TCV at a $5.5 billion valuation. Today’s new funding extends that […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

This startup reworked its privacy-friendly sensors to help battle COVID-19
One little-known home and retail automation startup might seem like an unlikely candidate to help combat the ongoing pandemic. But its founder says its technology can do just that, even if it wasn’t the company’s original plan. Butlr, a spin-out of the MIT Media Lab, uses a mix of wireless, battery-powered hardware and artificial intelligence […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

iObeya raises $17M to digitize management planning processes like Agile
As we move deeper into the pandemic, companies are looking for ways to digitize processes that previously required in-person meetings with manual approaches. Investors appear to be rewarding companies who can achieve this. iObeya, a French company that helps digitize management planning processes like lean and agile, announced a $17 million Series A today. Red […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

YC-backed Glimpse helps Airbnb hosts make money through product placement
Glimpse is giving Airbnb hosts a way to make extra money while also supplying their accommodations with new products. The startup was founded by CEO Akash Raju, COO Anuj Mehta and CPO Kushal Negi, who all recently graduated from Purdue University. It’s part of the current batch of startups at accelerator Y Combinator — where, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Don’t let VCs be the gatekeepers of your success
I assumed most investors were jerks in pitch meetings, but my white colleagues told me the level of disrespect and dismissiveness I received was not typical. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Chef Marcus Samuelsson teams up with Sage Digital to launch Project Bento fundraising platform
In the wake of the COVID-19 pandemic, as well as the ongoing protests for racial justice, people have been looking for different ways to contribute, which in turn has led tech companies to launch new features and campaigns. Now there’s a new fundraising platform called Project Bento, created by chef and restauranteur Marcus Samuelsson (best […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rakuten will not renew its contract with WeWork, says report
Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in the Japan Times. Rakuten had leased about 700 desks in Tokyo, but is now planning to move employees from its fintech division into its own new offices. Both WeWork and Rakuten declined […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

How to approach your IPO stock
Part one of a three-part series that offers a framework for objectively considering post-IPO or concentrated stock holdings. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jamf ups its IPO range, now targets a valuation of up to $2.7B
Today Jamf, a software company that helps other firms manage their Apple devices, raised its IPO price range. The company had previously targeted a $17 to $19 per-share range. A new SEC filing from the firm today details a far higher $21 to $23 per-share IPO price interval. Jamf still intends to sell up to […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Ready, set, network! CrunchMatch is now open for Early Stage 2020
Call it what you will — startup bootcamp, founders’ masterclass or the mother of all how-to events — we’re just days away from TC Early Stage 2020. But you don’t have to wait another minute to start making essential connections. CrunchMatch, our AI-powered networking platform, is now open for business. Wait up. You don’t have […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Federal court rules WhatsApp and Facebook’s malware exploit case against NSO Group can proceed
A U.S. federal court judge ruled on Thursday that WhatsApp and parent company Facebook’s lawsuit against Israeli mobile surveillance software company NSO Group can go forward. Phyllis Hamilton, Chief Judge of the United Stated District Court of the Northern District of California, denied most of the arguments NSO Group made when it filed a motion […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sign up next week’s Pitchers and Pitches competition on 7/23
Can one minute really make a difference in your startup success? If we’re talking about your 60-second pitch (and we are), then heck yeah! A crisp, concise and compelling pitch opens doors to opportunity, and we’re here to help you pump up your pitch. Join us online for the next Pitchers & Pitches competition on […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Qumulo scores $125M Series E on $1.2B valuation as storage biz accelerates
Qumulo, a Seattle storage startup helping companies store vast amounts of data, announced a $125 million Series E investment today on a $1.2 billion valuation. BlackRock led the round with help from Highland Capital Partners, Madrona Venture Group, Kleiner Perkins and new investor Amity Ventures. The company reports it has now raised $351 million. CEO […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Waldo is a ‘no code’ automated mobile testing service that anyone can use
Meet Waldo, a new product that wants to make mobile testing both faster and easier. The New York-based startup lets you record tests in your browser by interacting with your app like you’d normally do. Every time you compile a new build, Waldo runs the same tests you previously recorded on multiple software and hardware […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

UIPath reels in another $225M as valuation soars to $10.2B
Last year, Gartner found that Robotic Process Automation (RPA) is the fastest growing category in enterprise software. So perhaps it shouldn’t come as a surprise that UIPath, a leading startup in the space, announced a $225 million Series E today on an eye-popping $10.2 billion valuation. Alkeon Capital led the round with help from Accel, […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

Mighty Health created a wellness app with older adults top of mind
Virtual classes might make it easier to work out anywhere, anytime, but not for anyone. Mainstream fitness tech often targets the young and fit, in advertisements and cardio-heavy exercises. It effectively excludes aging adults from participating. This gap between mainstream fitness and elders is where Mighty Health, a Y Combinator graduate, comes in. Mighty Health […] Learn more about your ad choices. Visit podcastchoices.com/adchoices

BlueOcean uses automation to deliver affordable brand audits in seven days
BlueOcean is a new startup offering companies a relatively fast and affordable way to see how their brands are performing and what they can do to improve. CEO Grant McDougall and COO/President Liza Nebel (the pair founded BLueOcean with Chief Data Scientist Matthew Gross) told me that they’ve been developing the technology for two years. […] Learn more about your ad choices. Visit podcastchoices.com/adchoices