Posts filtered by tags: Fundings & Exits[x] founder Ning Li launches cosmetics startup Typology

Meet Typology, a new Paris-based startup that designs and sells directly to consumer quality skincare and cosmetics products. The startup has been founded by co-founder Ning Li and is officially launching today. “Typology is a relatively ambitious project. We want to challenge FMCG [fast-moving consumer goods] brands with a digital pure player,” Ning Li told me. “I spent all my career working in e-commerce. I’ve seen a lot of industries move from offline to online. But some industries, ...
Tags: Fundings & Exits, Startups, Europe, France, Tech, Paris, France Newsletter, Typology, Ning Li, Marc Simoncini Xavier Niel

EF raises $115M new fund, aiming to create another 300-plus startups in the next three years

Entrepreneur First (EF), the London-headquartered “talent investor” that recruits and backs individuals pre-team and pre-idea to enable them to found startups, has raised a new fund of its own to continue scaling globally. The $115 million first close was led by a number of leading (mostly unnamed) institutional investors across the U.S., Europe and Asia, including new anchor LP Trusted Insight. A number of well-known European entrepreneurs also invested. They include Taavet Hinrikus (co-founder...
Tags: Google, Fundings & Exits, Startups, TC, Asia, Europe, London, Berlin, US, Tech, Paris, Reid Hoffman, Jk Rowling, SEC, Silicon Valley, Mountain View

Slack off. Send videos instead with $11M-funded Loom

If a picture is worth a thousand words, how many emails can you replace with a video? As offices fragment into remote teams, work becomes more visual, and social media makes us more comfortable on camera, it’s time for collaboration to go beyond text. That’s the idea behind Loom, a fast-rising startup that equips enterprises with instant video messaging tools. In a click, you can film yourself or narrate a screenshare to get an idea across in a more vivid, personal way. Instead of scheduling a v...
Tags: Social, Fundings & Exits, Startups, TC, Apps, Enterprise, Mac, Funding, Tech, SaaS, Khan, Jared Leto, Upfront Ventures, Slack, Kleiner Perkins, Shahed Khan

Antescofo’s Metronaut adds an orchestra when you play music

Meet Metronaut, an app for smartphones and tablets that could change the way you play classical music. The startup behind the app, Antescofo, raised a $4.5 million funding round (€4 million) and has attracted 160,000 downloads. Daphni and OneRagTime are leading the round, with Nobuyuki Idei, Yann LeCun, Sophie Gasperment and Thibault Viort also participating. Metronaut lets you play a music instrument with a professional orchestra playing all the other instruments with you. It isn’t just an audi...
Tags: Fundings & Exits, Startups, Apps, Europe, Tech, Artificial Intelligence, France Newsletter, Thibault Viort, Antescofo, Metronaut, Nobuyuki Idei Yann LeCun Sophie Gasperment

GoCardless raises $75M Series E for its recurring payments network and heads to America

Compared to startups born into the frothy London fintech space as it exists today, 2011-founded GoCardless could well be considered a slow burner. However, in more recent years, the nearly 300 person company — headed up by co-founder and CEO Hiroki Takeuchi — has undoubtedly stepped on the gas in a bid to become the one stop shop globally for businesses that want to let customers pay via recurring bank payments. A little over a year ago, GoCardless announced that it had raised $22.5 million in f...
Tags: Fundings & Exits, Startups, TC, Europe, London, Germany, America, Tech, North America, Gocardless, Takeuchi, Hiroki Takeuchi, EMEA APAC, France Australia, Adams Street Partners Google Ventures, Salesforce Ventures Previous

Apple acquires talking Barbie voicetech startup PullString

Apple has just bought up the talent it needs to make talking toys a part of Siri, HomePod, and its voice strategy. Apple has reportedly acquired PullString, also known as ToyTalk, according to Axios’ Dan Primack and Ina Fried. The company makes voice experience design tools, artificial intelligence to power those experiences, and toys like talking Barbie and Thomas The Tank Engine toys in partnership with Mattel. Founded in 2011 by former Pixar executives, PullString went on to raise $44 mill...
Tags: Apple, Google, Amazon, Fundings & Exits, Startups, TC, Gadgets, Apps, Hardware, Developer, Entertainment, Siri, Tech, Artificial Intelligence, M&a, Barbie

ChargedUp picks up £1.2M seed to grow its mobile charging network across UK

ChargedUp, a U.K. startup that offers a mobile charging network that takes inspiration from bike-sharing, has closed £1.2 million in seed investment. Leading the round is Sir John Hegarty’s fund The Garage, and the ex-Innocent Smoothie founders fund JamJar. The funding will be used to grow the offering across the U.K. and for international expansion. Founded by Hugo Tilmouth, Charlie Baron, Hakeem Buge and Forrest Skerman Stevenson, ChargedUp has set out to solve the dead mobile phone battery pr...
Tags: Fundings & Exits, Startups, TC, Mobile, Europe, UK, London, Tech, Telefonica, Spencer, Brent Hoberman, Wayra, John Hegarty, Hugo Tilmouth Charlie Baron Hakeem Buge, Forrest Skerman Stevenson ChargedUp, Tilmouth

Biotech AI startup Sight Diagnostics gets $27.8M to speed up blood tests

Sight Diagnostics, an Israeli medical devices startup that’s using AI technology to speed up blood testing, has closed a  $27.8 million Series C funding round. The company has built a desktop machine, called OLO, that analyzes cartridges manually loaded with drops of the patient’s blood — performing blood counts in situ. The new funding is led by VC firm Longliv Ventures, also based in Israel, and a member of the multinational conglomerate CK Hutchison Group. Sight Diagnostics said it was aft...
Tags: Health, Fundings & Exits, Startups, TC, Asia, Europe, UK, Israel, US, Tech, Artificial Intelligence, Leukemia, Italy, Food And Drug Administration, Machine Learning, Fda

Teckro scores $25M Series C round to speed up clinical trials

Teckro, a software platform that claims to make the conduct of clinical trials more efficient and collaborative, has closed $25 million in Series C funding. The round, which brings the total raised by the Irish company to $43 million, is led Northpond Ventures with participation from Founders Fund, Sands Capital Ventures, Bill Maris’ Section 32 venture fund, and Borealis Ventures. Founded by brothers Gary and Nigel Hughes, and Jacek Skrzypiec in 2015, Teckro’s technology is designed to improve t...
Tags: Fundings & Exits, Startups, TC, Europe, Tech, Bill Maris, Gary, Nashville Tennessee, Hughes, DUBLIN Ireland, Limerick Ireland, Gary Hughes, Teckro, Northpond Ventures, Founders Fund Sands Capital Ventures, Borealis Ventures

Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fund

Jitta, a Bangkok-based fintech startup, has announced a $6.5 million Series A round as it prepares to launch an investment fund for consumers in what would be a first for the Thai market. The deal is one of the largest Series A in Thailand for some time and it was led by Beacon Venture Capital, the $30 million fund attached to Thailand’s Kasikorn Bank. Beacon picked up the majority of the capital but an existing angel investor, whose identity was not disclosed, also took part. Kasikorn and...
Tags: Fundings & Exits, Asia, Finance, Singapore, India, Funding, Tech, Customers, Thailand, United States, SEC, Warren Buffett, Vietnam, Bangkok, Startup Company, Kasikorn Bank

Fitness startup Eastnine picks up £2M from LocalGlobe, Cherry Ventures, Niklas Zennström and others

Eastnine, a new fitness startup and app co-founded by London entrepreneur and investor Jason Goodman, is de-cloaking today, including disclosing that it has raised £2 million in seed funding. Leading the round is London-based LocalGlobe and Berlin-based Cherry Ventures, who are joined by a list of prominent angel investors that includes Niklas Zennström, co-founder of Skype and London venture capital firm Atomico. Also participating is former Spotify CMO and now Atomico Partner Sophia Bendz, Sup...
Tags: Fundings & Exits, Startups, TC, Europe, London, Berlin, Tech, Virgin Group, Errol Damelin, North America, Skype, Albion, Niklas Zennstrom, Atomico, Goodman, Climate Corp

Indonesia-focused Intudo Ventures raises new $50M fund

Intudo Ventures, a VC firm focused on Indonesia, has closed a new $50 million fund. This is Intudo’s second fund to date following its $20 million debut last year. The firm is a relative newcomer to Southeast Asia but a key differentiator is that it is solely focused on Indonesia, which is the world’s fourth most populated country with over 260 million people and the region’s largest economy. It is also the dominant market for tech and the internet in the region. According to a much-cited report...
Tags: Google, Fundings & Exits, Asia, Japan, Money, Indonesia, Entrepreneurship, Finance, China, Southeast Asia, Singapore, Funding, Tech, Investment, Taiwan, Walgreens

Starling Bank, now with 460K consumer accounts, raises £75M more for European expansion

Starling Bank, founded by banking veteran Anne Boden, has raised £75 million (~$97m) in further funding. The new capital breaks down as £60 million in a Series C round led by Merian Global Investors, including Merian Chrysalis, with £15 million in follow-on funding from Starling’s existing backer and major shareholder Harald McPike. It brings total funding to date for the London-based challenger bank to £133 million. Starling says the new funding will support increased investment in the bank’s f...
Tags: Fundings & Exits, Startups, TC, Europe, London, Tech, Service, Ireland, Barclays, Starling, Boden, Banking Services, Starling Bank, Anne Boden, Starling Marketplace, Harald McPike

Starling Bank, now with 460K consumer accounts, raises further £75M for European expansion

Starling Bank, founded by banking veteran Anne Boden, has raised £75 million in further funding. The new capital breaks down as £60 million in a Series C round led by Merian Global Investors, including Merian Chrysalis, with £15 million in follow-on funding from Starling’s existing backer and major shareholder Harald McPike. It brings total funding to date for the London-based challenger bank to £133 million. Starling says the new funding will support increased investment in the bank’s financial...
Tags: Fundings & Exits, Startups, TC, Europe, London, Tech, Service, Ireland, Barclays, Hsbc, Starling, Boden, Banking Services, Starling Bank, Anne Boden, Starling Marketplace

Medium buys Bay Area mag The Bold Italic to add to its paywall

Medium is seeking to juice up its premium subscription content in its home market with the acquisition of The Bold Italic. The 10-year-old online culture magazine will go behind the $5 per month Medium Membership paywall. The deal will keep The Bold Italic afloat when other San Francisco-local publications have struggled, following the shutdown of the The Oakland Tribune an SFist plus the layoff of most the Easy Bay Express. The Bold Italic could make Medium Membership more appealing to Bay A...
Tags: Fundings & Exits, Startups, TC, Apps, Media, Entertainment, San Francisco, Tech, M&a, Local News, Gannett, Medium, Exit, Bay Area, Oakland Tribune, Sunil Rajaraman

Datadog acquires app testing company Madumbo

Datadog, the popular monitoring and analytics platform, today announced that it has acquired Madumbo, an AI-based application testing platform. “We’re excited to have the Madumbo team join Datadog ,” said Olivier Pomel, Datadog’s CEO . “They’ve built a sophisticated AI platform that can quickly determine if a web application is behaving correctly. We see their core technology strengthening our platform and extending into many new digital experience monitoring capabilities for our customers....
Tags: Fundings & Exits, Startups, Cloud, Enterprise, Developer, Tech, Paris, Acquisition, Datadog, Exit, Madumbo, Olivier Pomel Datadog, Gabriel James Safar

SumUp acquires ‘multi-channel’ e-commerce platform Shoplo

SumUp, the London-based fintech company that enables small businesses to take card payments via its device and online, has acquired “multi-channel” e-commerce platform Shoplo. Terms of the deal aren’t being disclosed, while SumUp says the acquisition will enable it to expand its product suite to give SumUp merchants access to various online marketplaces, such as Facebook, eBay and Etsy. In addition, Shoplo’s tech will also help SumUp merchants create better-looking online storefronts. “The ac...
Tags: Fundings & Exits, Startups, TC, Europe, London, Tech, Square, Sumup, Warsaw, Bbva, Facebook eBay, Shoplo, Silicon Valley s Square, Marc Alexander Christ

Car rental startup Virtuo picks up €20M Series B

Virtuo, the Paris-headquartered car rentals startup, has raised €20 million in Series B funding. The round is backed by Iris Capital, Balderton Capital and Raise Ventures, and will be used to continue expanding across the U.K. and other European countries. Originally founded in France and available in 19 French and 2 Belgium locations, Virtuo launched in London last Summer, and says it plans to bring the service to U.K. cities Manchester, Bristol and Edinburgh later this year. The company will a...
Tags: Fundings & Exits, Startups, TC, Europe, London, France, Germany, Tech, Spain, Paris, Belgium, Edinburgh, Manchester Bristol, Bernard Liautaud, Virtuo, Karim Kaddoura

E-commerce startup Zilingo raises $226M to digitize Asia’s fashion supply chain

If you’re looking for the next unicorn in Southeast Asia, Zilingo might just be it. The 3.5-year-old e-commerce company announced today that it has raised a Series D round worth $226 million to go after the opportunity to digitize Asia’s fashion supply chain. This new round takes Zilingo to $308 million from investors since its 2015 launch. The Series D is provided by existing investors Sequoia India, Singapore sovereign fund Temasek, Germany’s Burda and Sofina, a European backer of Flipka...
Tags: Amazon, Fundings & Exits, TC, Ecommerce, Asia, Europe, Instagram, Indonesia, Australia, Southeast Asia, Singapore, Softbank, Funding, Supply Chain, Tech, E-commerce

Reddit confirms $300M Series D led by China’s Tencent at $3B value

Last week TechCrunch reported that Reddit was raising $150 million from Chinese tech giant Tencent and up to $150 million more in a Series D that would value the company at $2.7 billion pre-money or $3 billion post-money. After no-commenting on our scoop, today Reddit confirmed it’s raised $300 million at $3 billion post-money, with $150 million from Tencent. The deal makes for an odd pairing between one of the architects of China’s Great Firewall of censorship and one of America’s most lawle...
Tags: Social, Fundings & Exits, Startups, TC, Apps, China, Funding, America, Tech, Policy, Xi Jinping, Tencent, Reddit, Fidelity, Conde Nast, Cnbc

Nordic banking app Lunar Way raises €13M

Lunar Way, the Nordic banking app that’s riding new EU regulation to help inject more competition into the region, has raised €13 million in new funding. The round is led by SEED Capital, with participation from Greyhound Capital, Socii Capital and a number of individual investors from the financial services industry. It also comes shortly after Lunar Way announced it had attained a PISP payments license, meaning that the fintech can offer a more comprehensive banking feature-set, including m...
Tags: Fundings & Exits, Startups, TC, Europe, Tech, Eu, Nordics, PFM, Klausen, Lunar Way, Greyhound Capital Socii Capital, Ken Villum Klausen, In Denmark Lunar Way, Meanwhile Lunar Way

Sean Parker’s govtech Brigade breaks up, Pinterest acqhires engineers

Facebook co-founder Sean Parker bankrolled Brigade to get out the vote and stimulate civic debate, but after five years and little progress the startup is splitting up, multiple sources confirm to TechCrunch. We’ve learned that Pinterest has acqhired roughly 20 members of the Brigade engineering team. The rest of Brigade is looking for a potential buyer or partner in the political space to take on the rest of the team plus its tech and product. Brigade CEO Matt Mahan confirmed the fate of ...
Tags: Social, Fundings & Exits, Startups, TC, Facebook, Apps, Pinterest, California, Government, San Francisco, Tech, Donald Trump, Sean Parker, Exit, Brigade, Causes

Startups Weekly: Spotify gets acquisitive and Instacart screws up

Did anyone else listen to season one of StartUp, Alex Blumberg’s OG Gimlet podcast? I did, and I felt like a proud mom this week reading stories of the major, first-of-its-kind Spotify acquisition of his podcast production company, Gimlet. Spotify also bought Anchor, a podcast monetization platform, signaling a new era for the podcasting industry. On top of that, Himalaya, a free podcast app I’d never heard of until this week, raised a whopping $100 million in venture capital funding to “esta...
Tags: Fundings & Exits, Startups, TC, Uber, Y Combinator, Spotify, Web Summit, Funding, Tech, CMO, Palo Alto, Venture Capital, Tencent, Reddit, Bird, Silicon Valley

Facebook picks up retail computer vision outfit GrokStyle

If you’ve ever seen a lamp or chair that you liked and wished you could just take a picture and find it online, well, GrokStyle let you do that — and now the company has been snatched up by Facebook to augment its own growing computer vision department. GrokStyle started as a paper — as AI companies often do these days — at 2015’s SIGGRAPH. A National Science Foundation grant got the ball rolling on the actual company, and in 2017 founders Kavita Bala and Sean Bell raised $2 million to grow i...
Tags: Fundings & Exits, Startups, Facebook, Tech, Artificial Intelligence, Ikea, M&a, Augmented Reality, Computer Vision, Bell, Exit, National Science Foundation, Bala, SIGGRAPH, Sean Bell, Second Facebook

OakNorth raises $440 million from SoftBank and Clermont

British startup OakNorth has raised a $440 million funding round from SoftBank’s Vision Fund as well as the Clermont Group. The company is creating a digital bank and focuses on loans for small and medium enterprises and the technology behind those loans. Today’s funding round is the biggest funding round in a European fintech company. OakNorth has raised $848 million in primary funding since its creation. With this funding round, the company plans to double down on what it already does. The ...
Tags: Fundings & Exits, Europe, Finance, Softbank, Funding, Tech, Fintech, Clermont, OakNorth, Clermont Group, OakNorth Analytical Intelligence, Asia While OakNorth, OakNorth OakNorth

Dixa, the ‘customer friendship’ platform, raises $14M

Dixa, a Copenhagen-based startup that offers a platform to help companies provide better and more consistent customer service across multiple channels, has raised $14 million in Series funding. The round is led by Project A Ventures, with participation from early investor SEED Capital. Founded in 2015 by Jacob Vous Petersen and Mads Fosselius, Dixa is on mission to end bad customer service with the help of smarter technology to facilitate more personalised customer support. Dubbed a “customer fr...
Tags: Fundings & Exits, Startups, TC, Facebook, Europe, Tech, Salesforce, Copenhagen, Hay, Project A Ventures, Avaya Cisco, Dixa, Jacob Vous Petersen, Mads Fosselius Dixa, Mads Fosselius, Fosselius

Hired buys Y Combinator grad Py, launches assessment tool

To better measure aptitude of applicants, online career marketplace Hired has acquired Py, which helps companies like Opendoor and Niantic identify talent with app-based interactive courses on Python, iOS development and more. As part of the deal, Hired will launch a new feature called Hired Assessments, leveraging tools from the Py platform, as well as a tiered subscription model. The base-level package, called Hired Essential, will provide enhanced search functionality, tools to help ...
Tags: Fundings & Exits, Startups, TC, Y Combinator, Education, San Francisco, Tech, Yale, Grant, Hiring, Dorm Room Fund, Hired, Comcast Ventures, Lo, Niantic, Allan Grant

Food delivery service Postmates confidentially files to go public

Shortly after closing a $100 million pre-IPO round, food delivery business Postmates has confidentially filed documents with the Securities and Exchange Commission for an upcoming public offering, Bloomberg first reported and the company confirmed in a blog post. The company will debut on the stock exchange at a more than $1.85 billion valuation — the valuation it garnered with its $100 million in January. In total, Postmates has raised $681 million in venture capital funding from investors incl...
Tags: Food, Fundings & Exits, TC, Tech, Bloomberg, Venture Capital, SEC, Postmates, Securities And Exchange Commission, JPMorgan Chase and Bank of America, Spark Capital Founders Fund Uncork Capital

Car subscription service Cluno scores $28M in Series B funding led by Peter Thiel’s Valar Ventures

Cluno, the Munich startup providing what it calls a “car subscription” service, has raised $28 million in Series B funding. The round is led by Valar Ventures, the U.S.-based venture capital firm founded by Peter Thiel. Acton Capital Partners and Atlantic Labs, which both backed the company’s Series A round, also participated. It brings total raised by Cluno to $36 million in funding in under one year. Founded in 2017 by the same team behind easyautosale (which exited to Autoscout24 in 2015), Cl...
Tags: Fundings & Exits, Startups, TC, Europe, Germany, Tech, Munich, Peter Thiel, Valar Ventures, Ford Models, Cluno, Nico Polleti, BMW VW Audi

Tink, the European open banking platform, scores €56M in new funding

Tink, the European open banking platform headquartered in Sweden, has deposited €56 million in new funding. Leading the round is U.S.-based Insight Venture Partners. Existing backers Sunstone, SEB, Nordea Ventures and ABN AMRO Digital Impact Fund also participated. A number of other investors have been added to Tink’s cap table, too. They include Christian Clausen, former Chairman of the European Banking Federation, and — most notably — Nikolay Storonsky, co-founder of banking app and fintech...
Tags: Fundings & Exits, Startups, TC, Europe, London, Sweden, Tech, Spain, Bud, Tink, Stockholm, Nordics, Nikolay Storonsky, ABN AMRO Digital Impact Fund, Insight Venture Partners Existing, Sunstone SEB Nordea Ventures

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