TechCrunch Startup News

Sensor data platform Samsara confirmed this morning that it had closed a new round of funding from existing investors Andreessen Horowitz and General Catalyst that values the startup at $3.6 billion. The news was first reported by Cheddar, which spotted a filing with the state of Delaware on December 21 disclosing Samsara’s intent to raise a $100 million round at more than double the valuation it garnered upon its $50 million Series Dthis March. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor IBM Africa and Hello Tractor pilot AI/blockchain agtech platform Africa Roundup: Terragon’s Asia acquisition, Twiga Foods’ $10M raise, SimbaPay’s China payment service 2018 saw Africa’s tech sector become more dynamic and international. VC firms on the continent multiplied. There were numerous investment rounds. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Martina Lauchengco Contributor Share on Twitter Martina spent over 20 years as a marketing and product executive building and crafting strategies for market-defining software like Microsoft Office and Netscape Navigator. As an operating partner at Costanoa Ventures, she sits on multiple boards and advises companies on all things go-to-market. She also teaches at the UC Berkeley graduate school of engineering. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Startups supporting startups are blazing a new trail with support from venture capitalists. Co-working spaces like The Wing and The Riveter raked in funding rounds this year, as did Brex, the provider of a corporate card built specifically for startups. Now Carta, which helps companies manage their cap tables, valuations, portfolio investments and equity plans, has announced an $80 million Series D at a valuation of $800 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Captiv8, a company offering tools for brands to manage influencer marketing campaigns, has released its 2018 Fraud Influencer Marketing Benchmark Report. The goal is to give marketers the data they need to spot fake followers — and thus, to separate the influencers with a real following from those who only offer the illusion of engagement. The report argues that that this a problem with a real financial impact (it’s something that Instagram is working to crack down on), with $2. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A new solar technology could be the next big boost for renewable energy Across the globe, a clutch of companies from Oxford, England to Redwood City, Calif. are working to commercialize a new solar technology that could further boost the adoption of renewable energy generation. Earlier this year, Oxford PV, a startup working in tandem with Oxford University,received $3 million from the U.K. government to develop the technology, which uses a new kind of material to make solar cells. Learn more about your ad choices. Visit podcastchoices.com/adchoices

‘Twas the night before Xmas, and all through the house, not a feature was stirring from the designer’s mouse . . . Not Twitter! Not Uber, Not Apple or Pinterest! On Facebook! On Snapchat! On Lyft or on Insta! . . . From the sidelines I ask you to flex your code’s might. Happy Xmas to all if you make these apps right. Instagram See More Like This – A button on feed posts that when tapped inserts a burst of similar posts before the timeline continues. Learn more about your ad choices. Visit podcastchoices.com/adchoices

HQ’s expansion beyond trivia emerges from beta tonight, but the question is whether it’s different and accessible enough to revive the startup’s growth. HQ Words opens to everyone with today’s 6:30pm pacific broadcast within the HQ Trivia app after several weeks of closed beta testing of the Wheel Of Fortune-style game. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A Juul is not a cigarette. It’s much easier than that. Through devilishly slick product design I’ll discuss here, the startup has massively lowered the barrier to getting hooked on nicotine. Juul has dismantled every deterrent to taking a puff. The result is both a new $38 billion valuation thanks to a $12.8 billion investment from Marlboro Cigarettes-maker Altria this week, and an explosion in popularity of vaping amongst teenagers and the rest of the population. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Boosted nabs $60M as the electric skateboard maker looks to build something new Boosted has scored some serious cash as it looks to move beyond the world of electric skateboards to conquer new forms of personal transportation. The startup announced today that it has closed a $60 million round of Series B funding co-led by Khosla Ventures andiNovia Capital.Stanford’s StartX and Bay Meadows also participated in the round. Boosted has now raised north of $70 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Candid, a teeth aligner startup that aims to make straight teeth more accessible and more affordable than Invisalign, is evolving its direct-to-consumer business. In addition to its at-home impression process, Candid recently started enabling people to come into a physical office to get their teeth scans completed. Today, Candid is opening physical storefronts in San Francisco, Austin, Columbus, Ohio and Santa Monica, Calif. Learn more about your ad choices. Visit podcastchoices.com/adchoices

BeforeRam Palaniappan founded Earnin, he developed a system for employees at a payments company called UniRush, where he spent eight years as president. If you needed money before payday, he would write you a check from his checking account and when payday rolled around, employees would reimburse him. Learn more about your ad choices. Visit podcastchoices.com/adchoices

If you’re concerned about what you eat, there’s a good chance you’ve looked at the food in the supermarket, or in your fridge, and wondered where it actually comes from. Now urban farming incubator Square Roots is introducing a new way for you to check full history of the produce that you’re about to purchase. To do so, you just scan the QR code or type in the lot number that the company says will be included in the packaging of all its produce moving forward. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Coinbase acquired Earn.com for at least $120 million back in April. And the company now plans to transform Earn.com into Coinbase Earn, a website with educational content to learn more about cryptocurrencies. Users who complete those classes will earn tokens. Coinbase bought Earn.com partly so that it could appoint Earn.com co-founder and CEO Balaji Srinivasan as Coinbase’s CTO. The previous iteration of Earn.com wasn’t a priority for Coinbase. Earn. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Wing, the owner of several co-working spaces and social clubs designed for women, has garnered the support of Sequoia Capital in its latest funding round. The startup has announced a $75 million Series C led by the storied venture capital firm, with support from Airbnb and Upfront Ventures, as well as existing investors NEA and WeWork. Headquartered in New York, The Wing was founded by Audrey Gelman and Lauren Kassan in 2015. To date, the pair have raised $117. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Our distinct skillsets and shortcomings mean people and robots will join forces for the next few decades. Robots are tireless, efficient, and reliable, but in a millisecond through intuition and situational awareness, humans can make decisions machine can’t.Until workplace robots are truly autonomous and don’t require any human thinking, we’ll need software to supervise them at scale. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lightspeed China Partners, the China-focused affiliate of Silicon Valley-based Lightspeed Venture Partners, has set a $360 million target for its fourth flagship venture fund, according to a document filed with theU.S. Securities and Exchange Commission today. If the target is reached, the fund will be Lightspeed China’s largest yet, perPitchBook. Lightspeed China’s previous two funds each closed on $260 million. The VC raised $168 million for its debut fund in 2013. Learn more about your ad choices. Visit podcastchoices.com/adchoices

I’ve been living for the past few years in a limbo between journalist and entrepreneur, trying to build startups the way I saw them being built on stage at Disrupt and discovering that my skill and will to win are no match against the world. That’s fine. These days I’ll take it. But for a few minutes in Chicago last May, I couldn’t. That day was normal for me. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Propel, maker of the Fresh EBT app for managing food stamps and other benefits, announced today that it has raised $12.8 million in Series A funding. Fresh EBT (the EBT stands for the Electronics Transfer Benefit card, which is how food stamp participants receive their benefits) allows users to check their food stamp/SNAP balance and find stores that accept food stamps. Users can also track their spending. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Robinhood’s new high-interest, zero-fee checking and savings featureseems to be too good to be true. Users’ money may not be fully protected. The CEO of the Securities Investor Protection Corporation, a non-profit membership corporation that insures stock brokerages, tells TechCrunch its insurance would not apply to checking and savings accounts the way Robinhood claims. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The funding extravaganzamay be approaching its end for scooter “unicorns” Lime and Bird, but smaller startups in the micro-mobility space have continued to close venture capital rounds at a consistent pace. See Grin, Tier and Yellowfor examples. The latest is Dott, a European scooter startup founded by Maxim Romain, Ofo’s former head of Europe, the Middle East and Africa. Learn more about your ad choices. Visit podcastchoices.com/adchoices

PornHub, a popular site that features people in various stages of undress, saw 33.5 billion visits in 2018. There are currently 7.53 billion people on Earth. Y’all have been busy. The company, which owns most of the major porn sites online, produces a yearly report that aggregates user behavior on the site. Of particular interest, aside from the fact that all of us are horndogs, is that the U.S. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The lines between streetwear and luxury fashion have blurred in recent years, especially as excitement around sneaker brands like Yeezy and Off-White has soared. A marriage between a luxury fashion marketplace and a sneaker and streetwear reseller seems like a natural way to wrap up M&A in 2018. With that said, Farfetch has acquired New York-based Stadium Goods, opting to pay $250 million for the sneaker startup in a combination of cash and Farfetch stock. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Fintech startup YayPay just raised another $8.4 million for its software-as-a-service solution focused on collecting money from outstanding invoices. The company participated in TechCrunch’s Startup Battlefield several years ago. Information Venture Partners led today’s funding round with existing investors Birchmere, QED, Fifth Third Capital, Gaingels and 500 Fintech Fund also participating. YayPay targets large companies with an accounting department. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Where there is discovery in an app, there is paid discovery. Google helped you choose between links, then sold ads that promote a few. Facebook helped you choose between pieces of content, then sold ads that promote a few. And eventually, as Uber helps you choose between restaurants, it will sell ads that promote a few. It could become the marketing platform through which the physical world vies for your attention. Learn more about your ad choices. Visit podcastchoices.com/adchoices

When the hell did building a house become so complicated? Don’t let the folks on HGTV fool you. The process of building a home nowadays is incredibly painful. Just applying for the necessary permits can be a soul-crushing undertaking that’ll have you running around the city, filling out useless forms, and waiting in motionless lines under fluorescent lights at City Hall wondering whether you should have just moved back in with your parents. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Rapper 2 Milly is suing Epic Games over Fortnite’s use of his dance move, the Milly Rock. The lawsuit claims direct infringement of copyright, contributory infringement of copyright, violation of the Right of Publicity under California Common Law, among other things. Learn more about your ad choices. Visit podcastchoices.com/adchoices

First, background checks at startups, then Huawei’s finance chief is arrested, SoftBank’s IPO is subscribed, and I am about to record our next edition of TechCrunch Equity. It’s Thursday, December 6, 2018. TechCrunch is experimenting with new content forms. This is a rough draft of something new – provide your feedback directly to the author (Danny at [email protected]) if you like or hate something here. Learn more about your ad choices. Visit podcastchoices.com/adchoices

One of Europe’s most popular fitness applications is poised to flourish in the U.S. market with the help of several Los Angeles-based investors. Freeletics, headquartered in Munich, Germany, is today announcing its first round of private capital after bootstrapping since 2013. The $45 million Series A was co-led by FitLab, Causeway Media Partners and JAZZ Venture Partners, with participation from Courtside Ventures, Elysian Park Ventures and ward.ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Telemedicine startup Nurx— once dubbed the “Uber for birth control” — has launched a direct-to-consumerHuman papillomavirus (HPV) testing kit. The addition means its customers can test for the most common sexually transmitted infection in the U.S. and a cause of genital warts and cervical cancer in the comfort of their own homes. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Uber Eats has effectively invented its own native ad unit. Uber confirmed to TechCrunch that a test quietly running in markets around India allows restaurants to bundle several food items together and sell them at a discounted price in exchange for promoted placement by Uber Eats in a featured section of local “Specials”. In some cases, restaurants foot the cost of the discount, while in others Uber pays for the discounts. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French startup Agricool is raising another $28 million round of funding (€25 million). The company is working on containers to grow fruits and vegetables in urban areas, starting with strawberries. Bpifrance, Danone Manifesto Ventures, Marbeuf Capital, Solomon Hykes and other business angels participated in today’s funding round. Some existing investors also participated, such as daphni, XAnge, Henri Seydoux and Kima Ventures. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Augmented reality has been a buzzword for years, but for the most part, it has remained a novelty. WiARframe, which is competing in our Startup Battlefield competition today at Disrupt Berlin, believes that we are still very early on in the AR game and that part of what is holding the market back is that the tools need to become easier to use and that designers need to find better ways to find inspiration for their AR experiences. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Lyft has finally given us a glimpse of its forthcoming line of shareable bikes, which the ridesharing company says will be available to rent within its mobile app in select cities “soon.” The news comes as the $15 billion company announces the final close of its acquisition of Motivate, the New York City-based mobility startup that owns a number of bike-rental services, like Citi Bike, Ford GoBike, Divvy, Blue Bikes and Capital Bikeshare. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Meet Spin Analytics, a startup that wants to leverage artificial intelligence to automatically write credit risk modeling regulation reports. The company is participating in Startup Battlefield at TechCrunch Disrupt Berlin. If you work for a big bank, you know how painful it can be to launch a new product. Every time you start selling a new asset, you need to comply with regulations around the world. It can take months and a lot of money to write detailed documents about your asset. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After eight years of bootstrapping, Deputy sought scale. So the workforce management platform turned to venture capital, quickly raising a $25 million Series A in early 2017. Today, Deputy is announcing a major accomplishment: the close of an $81 million round — the largest Series B in Australian history. IVP has led the investment for the Sydney and Atlanta-headquartered company, with support from OpenView Venture Partners, Square Peg Capital and Equity Venture Partners. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The mainstream will never adopt blockchain-powered decentralized apps (dApps) if it’s a struggle to log in. They’re either forced to manage complex security keys themselves, or rely on a clunky wallet-equipped browser like MetaMask. What users need is for signing in to blockchain apps to be as easy as Login With Facebook. So that’s what Bitski built. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Airbnb has completed a much-needed hire ahead of its rumored 2019 initial public offering. Thehospitality giant has brought on Dave Stephenson, a long-time Amazon vice president and former president of Big Fish Games, as its chief financial officer. Stephenson replaces the company’s head of global financial planning and analysis, Ellie Mertz, who served as interim head of finance as Airbnb searched for its former CFO Laurence Tosi’s replacement. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Banuba raises $7M to supercharge any app or device with the ability to really see you Walking into the office of Viktor Prokopenya – which overlooks a central London park – you would perhaps be forgiven for missing the significance of this unassuming location, just south of Victoria Station in London. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Part of Agora’s team. The cloud communications startup has offices in Santa Clara and Shanghai. Agora, a developer of cloud communication APIs, will create products for new markets and verticals after raising a $70 million Series C led by Coatue Management. Existing investors SIG, Morningside Capital, and Shunwei Capital also returned for the round, which brings Agora’s total funding so far to $125 million. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Move over Le Creuset? A new cookware startup founded by and for millennials is getting down to business Sometimes, it’s hard to imagine a product or industry that a new e-commerce startup hasn’t tried to remake already, fromslipperstomattresses, fromluggagetolipstick. Learn more about your ad choices. Visit podcastchoices.com/adchoices

French crowd-lending platform October (formerly known as Lendix), wants to educate more people about new ways to borrow money. That’s why the company is launching a project called Grandir Ensemble (grow together). 11 big companies are borrowing €100,000 each on October at a 2.5 percent interest rate. October users will be able to lend as little as €20 to one of these companies. If you look at the list of companies, all those names will sound familiar to French readers and beyond. Learn more about your ad choices. Visit podcastchoices.com/adchoices

CVCompiler is an robot that fixes your resume to make you more competitive Machine learning is everywhere now, including recruiting. Take CVCompiler, a new product by Andrew Stetsenko and Alexandra Dosii. This web app uses machine learning to analyze and repair your technical resume, allowing you too shine to recruiters at Google, Yahoo, and Facebook. The founders are marketing and HR experts who have a combined fifteen years experience in making recruiting smarter. Stetsenko founded Relocate. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Wind Mobility, a Berlin-based mobility startup that offers “dockless” e-scooter (and electric bicycle) rentals, has raised $22 million in seed funding, throwing its hat into the European competitor to Bird and Lime ring. It follows recent raises by Sweden’s VOI ($50 million Series A led by Balderton) and Germany’s Tier (€25 million Series A led by Northzone). All three companies are attempting to be pan-European from the get-go. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Radio giant iHeartMedia announced today that it’s reached an agreement to acquire Jelli, a company bringing programmatic ad-buying to radio broadcasters. In fact, iHeartMedia was already working with Jelli to allow businesses to use programmatic tools to buy advertising on the company’s 850 broadcast radio stations. iHeartMedia also invested in Jelli’s most recent funding round. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Genies is emerging as the top competitor to Snapchat’s wildly popular Bitmoji as Facebook, Apple, and Google have been slow to get serious about personalized avatars. Over one million people have customized dozens of traits to build a realistic digital lookalike of themselves from over a million possible permutations. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Anyone that has experience in the service or retail industry knows swapping shifts can be a logistical nightmare that leaves employees in trouble with management or stuck working during a friend’s birthday party. As a former Old Navy “sellebrity” myself, I can confirm there’s a huge need for an efficient tool to solve this problem. That’s where Shyft, a Seattle-based startup that helps connect shift workers, comes in. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“I wasn’t asking to pay in Bitcoin!” Plastiq CEO and co-founder Eliot Buchanan recalls with a laugh. “I went to pay part of my tuition at Harvard and I was told that they didn’t (and never would) accept credit card. It was inconvenient and seemed odd. Credit cards had been around for 50 years.” That set off the a light bulb in his head. “Why couldn’t I use a credit card to pay for this important bill? So, I set out to solve my own problem. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and movement, not facial recognition. Open up its iOS or Android app and a special light pattern flashes, allowing the cameras to tie you to your account and payment method. Learn more about your ad choices. Visit podcastchoices.com/adchoices

The best parts of gaming are the jokes and trash talk with friends. Whether it was four-player Goldeneye or linking up PCs for Quake battles in the basement, the social element keeps video games exciting. Yet on mobile we’ve lost a lot of that, playing silently by ourselves even if we’re in a squad with friends somewhere else. Bunch wants to bring the laughter back to mobile gaming by letting you sync up with friends and video chat while you play. Learn more about your ad choices. Visit podcastchoices.com/adchoices