Posts filtered by tags: Fundings & Exits[x]


 

Pinterest drops its IPO filing

Pinterest, the nearly decade-old visual search engine, has unveiled its S-1 as it prepares for an initial public offering expected in April. The paperwork emerged just hours after another tech unicorn, Zoom, filed to go public, too. Pinterest, valued at $12.3 billion in 2017, took its first official step toward a 2019 IPO, hiring Goldman Sachs and JPMorgan Chase as lead underwriters for its big offering. Pinterest has raised around $1.5 billion in venture capital funding, listing both ear...
Tags: Fundings & Exits, TC, Venture Capital


Zoom, a profitable unicorn, files to go public

Zoom, the video conferencing startup valued at $1 billion in early 2017, has filed to go public on the Nasdaq as soon as next month. The company joins a growing list of tech unicorns making the leap to the public markets in 2019, but it stands out for one very important reason: It’s actually profitable. Zoom was founded in 2011 by Eric Yuan, a co-founder of WebEx, which sold to Oracle for $3.2 billion in 2007. Before launching Zoom, he spent four years at Cisco as its vice president of engine...
Tags: Fundings & Exits, TC, Venture Capital, Cisco, Cisco Systems, Emergence Capital, Eric Yuan, Goldman Sachs, Jp Morgan, Morgan Stanley, Oracle, Sequoia Capital, Telecommunications, Unicorn, Video, Video Conferencing


Indonesia’s Kargo comes out of stealth with $7.6M from Travis Kalanick, Sequoia and others

Travis Kalanick may be busy cooking up a cloud kitchen business, but that hasn’t stopped the former Uber CEO’s VC fund from making its first investment in Southeast Asia. 10100, the firm that Kalanick launched last year for investments in Asia, just took part in a $7.6 million seed round for Kargo, an early-stage ‘Uber for trucks’ startup that is based in Indonesia and — you guessed it — founded by a former Uber Asia executive. Kargo takes some of the concepts behind Uber and applies th...
Tags: Asia, Collaborative Consumption, Funding, Fundings & Exits, TC, Broker, Carsharing, China, Executive, Google, Grab, Hedge Fund, India, Indonesia, Innoven Capital, Internet Access


Keatz, a European ‘cloud kitchen’ startup, raises further €12M

Keatz, one of a growing number of so-called “cloud kitchens” — delivery only restaurant brands running on the rails of Deliveroo and UberEats — has raised €12 million in new funding. Backing the round are existing investors Project A Ventures, Atlantic Labs, UStart, K Fund and JME Ventures, who are joined by RTP Global. It adds to €7 million raised last May and will be used by the Berlin-based company to further expand its roll-out of cloud kitchens across Europe. Launched in Spring 2016, Keatz ...
Tags: Europe, Fundings & Exits, Startups, TC


Asia’s AnyMind pulls in another $8M and expands into outdoor advertising

Asia-focused marketing startup AnyMind Group has landed a further $8 million in funding to close out its Series B round and expand into new verticals. The company announced a $13.4 million raise back in November, but that has now expanded to $21.4 million thanks to an additional injection from VGI Global Media, a Thailand-based firm that specializes in outdoor media, and Tokyo Century, a financial services firm that has invested in Grab among others. Japanese messaging app Line and Mirai Crea...
Tags: Advertising Tech, Asia, Funding, Fundings & Exits, Anymind Group, Bangkok, Coo, Design, Internet advertising, Japan, Marketing, Media, Outdoor Advertising, series B, Social Media Influencers, Sogo


Gig workers need health & benefits — Catch is their safety net

One of the hottest Y Combinator startups just raised a big seed round to clean up the mess created by Uber, Postmates, and the gig economy. Catch sells health insurance, retirement savings plans, and tax withholding directly to freelancers, contractors, or anyone uncovered. By building and curating simplified benefits services, Catch can offer a safety net for the future of work. “I n order to stay competitive as a society, we need to address inequality and volatility. We think Catch is th...
Tags: Health, Fundings & Exits, Startups, TC, Mobile, Ecommerce, Apps, Y Combinator, Finance, Collaborative Consumption, Funding, Tech, Earnest, Ira, Payments, Blue Shield


HoneyBook, a client management platform for creative businesses, raises $28M Series C led by Citi Ventures

HoneyBook co-founders Oz and Naama Alon HoneyBook, a customer-relationship management platform aimed at small businesses in creative fields, announced today it has raised a $28 million Series C led by Citi Ventures. All of its existing investors, including Norwest Venture Partners, Aleph, Vintage Investment Partners and Hillsven Capital, also returned for the round. Citi is a strategic partner for HoneyBook and this will enable it to offer new financial products to freelancers, its co-found...
Tags: Fundings & Exits, TC, Enterprise, Israel, Tel Aviv, San Francisco, Management, Tech, CRM, Citi Ventures, Customer Relationship Management, Citi, Shinar, Alon, Honeybook, Naama Alon HoneyBook


Markforged raises $82 million for its industrial 3D printers

3D printer manufacturer Markforged has raised another round of funding. Summit Partners is leading the $82 million Series D round with Matrix Partners, Microsoft’s Venture Arm, Next47 and Porsche SE also participating. When you think about 3D printers, chances are you’re thinking about microwave-sized, plastic-focused 3D printers for hobbyists. Markforged is basically at the other end of the spectrum, focused on expensive 3D printers for industrial use cases. In addition to increased precisio...
Tags: Fundings & Exits, Gadgets, Microsoft, Tech, Adidas, Porsche, 3d Printing, 3d Printer, MarkForged


Portworx raises $27M Series C for its cloud-native data management platform

As enterprises adopt cloud-native technologies like containers to build their applications, the next question they often have to ask themselves is how they adapt their data storage and management practices to this new reality, too. One of the companies in this business is the four-year-old Portworx, which has managed to attract customers like Lufthansa Systems, GE Digital and HPE with its cloud-native storage and data-management platform for the Kubernetes container orchestration platform. Portw...
Tags: Fundings & Exits, Startups, TC, Cloud, Storage, Enterprise, Cloud Computing, Tech, Mysql, Abu Dhabi, GE Ventures, Sapphire Ventures, Mayfield Fund, Portworx, Mubadala Investment Company, Recent Funding


Welcome Pickups lands €3.3M funding to offer ‘in-destination’ travel services

Welcome Pickups, an Athens-based startup offering a range of “in-destination” travel services from the point of pickup onwards, has raised €3.3 million in Series A funding. The backing comes from VentureFriends, MarketOne, Howzat, Jabbar, and Openfund. Also participating is Alejandro Artacho, who founded Spotahome, and John Tsioris, founder of Instashop. Launched in Greece in 2015, Welcome Pickups believes it has spotted an opportunity that moves local travel services beyond a “commoditized tran...
Tags: Fundings & Exits, Startups, TC, Europe, Greece, Tech, Barcelona, Athens, 3m, MarketOne Howzat Jabbar, Alejandro Artacho, John Tsioris, Instashop Launched, Welcome Pickups, Alex Trimis, Trimis


Doctolib is now a unicorn with new $170 million round

French startup Doctolib has raised a new round of funding of $170 million (€150 million). The round is led by General Atlantic, with existing investors Accel, Eurazeo, Kernel and Bpifrance also participating. Some German healthcare entrepreneurs are also joining the round — the company isn’t detailing the names of those investors. But Doctolib is detailing an important metric — its valuation. Based on this new round, Doctolib now has a post-money valuation of $1.13 billion (€1 billion). There...
Tags: Health, Fundings & Exits, Startups, Europe, Germany, Tech, France Newsletter, General Atlantic, Doctolib, Bpifrance, Accel Eurazeo Kernel, Doctolib Doctolib


Founders Fund invests in Tibber, a Norwegian AI to smartly manage energy

You probably have one electricity supplier for your house. But these days the average household could probably buy form several such companies, it just can’t easily access the market place of possible suppliers. Wouldn’t it be smarter in you had an AI in your house which could purchase energy from these producers, including those within the local grid, at the best prices and at the best time of day? That’s what the Tibber startup does in Norway, and it’s just raised a $12M Series A funding from ...
Tags: Travel, Fundings & Exits, TC, Apps, Europe, Sweden, Germany, Tesla, Artificial Intelligence, Silicon Valley, Norway, Founders Fund, Nordics, Tiber, Spotify Facebook, Tibber


Founders Fund investors in Tibber, a Norwegian AI to smartly manage energy

You probably have one electricity supplier for your house. But these days the average household could probably buy form several such companies, it just can’t easily access the market place of possible suppliers. Wouldn’t it be smarter in you had an AI in your house which could purchase energy from these producers, including those within the local grid, at the best prices and at the best time of day? That’s what the Tibber startup does in Norway, and it’s just raised a $12M Series A funding from ...
Tags: Fundings & Exits, TC, Apps, Europe, Sweden, Germany, Tech, Tesla, Artificial Intelligence, Silicon Valley, Norway, Founders Fund, Nordics, Tiber, Spotify Facebook, Tibber


Employee retention platform Peakon raises further $35M in a new round led by Atomico

Peakon, the Denmark headquartered “employee retention platform,” has raised a further $35 million in funding. Described as a Series B extension, the round is led by European venture capital firm Atomico, with backing from existing investors, including EQT Ventures, IDInvest Partners, Balderton Capital, and Sunstone. Originally offering “people analytics” by enabling companies to more regularly survey employees, Peakon has since evolved to become a fully fledged SaaS for employee retention. It...
Tags: Fundings & Exits, Startups, TC, Europe, New York, Tech, New Zealand, Denmark, Atomico, Peakon, Sunstone, Mattias Ljungman Partner, EQT Ventures IDInvest Partners Balderton Capital, Kasper Hulthin, U K Denmark Germany, Capgemini Verizon BMW


Ola raises $300M as part of a new electric vehicle partnership with Hyundai and Kia

Ride-hailing platform Ola announced today that it has raised $300 million from Hyundai and Kia as part of a strategic partnership focused on electric vehicle development. This brings the company’s total raised to $3.8 billion according to Crunchbase. Ola’s last funding was announced just three weeks ago, when the company said it had raised $56 million in early funding by investors including Tiger Global and Matrix India (two of its earliest backers) to spend on its recently spun-out electric ...
Tags: Fundings & Exits, TC, India, Cars, Tech, Automotive, Electric Vehicles, Hyundai, Kia, Ola, Ola Cabs, Ola Electric Mobility, Crunchbase Ola, EVs Ola Electric Mobility


Axeleo Capital raises $51 million fund

Axeleo Capital has raised a $51 million fund (€45 million). Axeleo first started with an accelerator focused on enterprise startups. The firm is now all grown up with an acceleration program and a full-fledged VC fund. The accelerator is now called Axeleo Scale, while the fund is called Axeleo Capital. And it’s important to mention both parts of the business as they work hand in hand. Axeleo picks up around 10 startups per year and help them reach the Series A stage. If they’re doing well ove...
Tags: Fundings & Exits, Startups, Europe, Tech, France Newsletter, Venture Capital, Auvergne Rhone Alpes, Axeleo, Axeleo Capital, Axeleo Scale, French Tech Accélération, Hi Inov, Dentressangle, Alsid, Jenji Ermeo


misterb&b hits the equity crowdfunding trail to expand into hotels

Homosexuality is illegal in a third of the planet, and in eight countries, it is punishable by death. In the febrile atmosphere of today’s politics, hate crime incidents in the US increased by 17% between 2016 to 2017, according to the FBI. Over 20 of those incidents were crimes against an individual’s sexual-orientation — the largest increase since 9/11. Similar hate crime statistics have increased in the UK and several other western countries. It’s strange and saddening to think that men, wome...
Tags: Social, Fundings & Exits, Startups, TC, UK, Collaborative Consumption, US, Tech, Barcelona, Fbi, Lgbtq, Joel Simkhai, Ventech, Jost, Recent Funding, Wefunder


Zeus raises $24M to make you a living-as-a-service landlord

Cookie-cutter corporate housing turns people into worker drones. When an employee needs to move to a new city for a few months, they’re either stuck in bland, giant apartment complexes or Airbnbs meant for shorter stays. But Zeus lets any homeowner get paid to host white-collar transient labor. Through its managed ownership model, Zeus takes on all the furnishing, upkeep, and risk of filling the home while its landlords sit back earning cash. Zeus has quietly risen to a $40 million revenue...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Apps, Real Estate, New York, Finance, Funding, US, San Francisco, United States, Venture Capital, Airbnb, Nfc, Mumbai


Passbase is building a full stack identity engine with privacy baked in

Digital identity startup Passbase has bagged $600k in pre-seed funding led by a group of business angel investors from Alphabet, Stanford, Kleiner Perkins, EY; as well as seed fund investment from Chicago-based Upheaval Investments and Seedcamp. The 2018-founded Silicon Valley-based startup — whose co-founder we chatted to briefly on camera at Disrupt Berlin — is building what it dubs an “identity engine” to simplify identity verification online. Passbase offers a set of SDKs to developers to...
Tags: Apple, Security, Fundings & Exits, Startups, Apps, Europe, Privacy, Identity, Identity Management, Stanford, US, Tech, Authentication, Chicago, Silicon Valley, Airbnb


London proptech startup Nested has laid off 20% of its workforce citing ‘Brexit uncertainty’

Nested, the London-based “data-driven” estate agency that provides a cash advance to help you buy a new home before you’ve sold your old one, has laid off 20 percent of its workforce, TechCrunch has learned. According to sources, the more than 15 staff being let go were informed earlier today. The majority of departures are within Nested’s operations team, including sales, although I understand they also include a number of engineers and other product people. Contacted by TechCrunch, Nested c...
Tags: Fundings & Exits, Startups, TC, Europe, Balderton Capital, London, Tech, Northzone, Brexit, Global Founders Capital, Cto, Robinson, Matt Robinson, U K House, Nested, Phil Cowans


Breedr raises £2M led by LocalGlobe for its livestock data and trading platform

Breedr, a U.K. startup that wants to help farmers make better use of their livestock data to improve profitability, has raised £2.2 million in funding. The seed round is led by London-based LocalGlobe, with participation from Mons Investment and a number of angel investors. They include Ian Hogarth, Darren Shapland, and Jonathan McKay. The company is previously backed by Forward Partners and Gumtree founder Michael Pennington, which both followed on. Founded in early 2018 by Ian Wheal and later ...
Tags: Fundings & Exits, Startups, TC, Europe, UK, London, Tech, Imperial College London, Forward Partners, U K, Dunbia, DLT, Localglobe, Jonathan McKay, Claire Lewis, Michael Pennington


AgroStar gets $27M Series C to give more Indian farmers increased crop production with data analytics

Indian agriculture tech startup AgroStar announced today that it has raised a $27 million Series C for its platform, which helps farmers increase crop production, manage orders and buy supplies online. The round was led by Bertelsmann India Investments, with participation from returning investors Accel, Chiratae Ventures and Aavishkaar Bharat Fund. AgroStar bills its app as a “one-stop solution” that contains everything India’s 135 million farmers need, including agronomy tools, such as a crop d...
Tags: Fundings & Exits, TC, China, India, Tech, Crops, Farming, Data Science, Agriculture, Bertelsmann India Investments, AgroStar, Shardul Sheth, Pankaj Makkar, Accel Chiratae Ventures


AgroStar gets $27M Series C to give more Indian farmers increase crop production with data analytics

Indian agriculture tech startup AgroStar announced today that it has raised a $27 million Series C for its platform, which helps farmers increase crop production, manage orders and buy supplies online. The round was led by Bertelsmann India Investments, with participation from returning investors Accel, Chiratae Ventures and Aavishkaar Bharat Fund. AgroStar bills its app as a “one-stop solution” that contains everything India’s 135 million farmers need, including agronomy tools, such as a crop d...
Tags: Fundings & Exits, TC, China, India, Tech, Crops, Farming, Data Science, Agriculture, Bertelsmann India Investments, AgroStar, Shardul Sheth, Pankaj Makkar, Accel Chiratae Ventures


Wattpad gains strategic investment from Times Bridge to further expand in India

Wattpad is further expanding into Asia with a new partnership and undisclosed strategic investment from Times Bridge, the global investment arm of the Times Group in India. The deal aims to help the storytelling community establish a larger presence in the country where it already counts over 2.6 million monthly users who have shared more than 4 million stories to date, it says. Similar to its recent partnership with the deal with Times Bridge is also focused on turning more Wattpad stories int...
Tags: Social, Fundings & Exits, Asia, Publishing, India, Tech, Storytelling, Sony, Stories, Hulu, Authors, Wattpad, Sharma, Times Group, Allen Lau, Times Bridge


The meaning of Nginx and F5

F5 Networks took a dive yesterday after the company announced it was acquiring open-source web server NGINX. While media coverage of the deal was largely positive, the public markets appeared much more skeptical, as F5 stock finished the day down nearly 8%. As most analyses noted, the logic behind the deal is clear. F5’s existing markets have continued to dry up, with just low single digit expansion expected year-over-year. On top of NGINX being one of the most widely used web servers in the wor...
Tags: Fundings & Exits, Startups, New York, Finance, New York City, Nginx, Danny Crichton, Burrington, F5, Kate Ascher, Arman Tabatabai, Smith Collection Gado Getty, The Extra Crunch Daily, Arman Tabatabai Ingrid Burrington


Investing app Stash raises $65M, launches banking and ‘stock-back’ rewards with Green Dot

Stash, the fintech startup and app that aims to introduce new people to the world of investing, is unveiling some interesting new services while also announcing that it has raised more funding to expand its business. The company is introducing mobile-based banking accounts from Green Dot Bank; and alongside it, a new rewards program it is called “Stock-Back”: when users spend money using their Stash accounts, they get “points” — which are either stocks in the companies where they are buying g...
Tags: Fundings & Exits, Startups, TC, Finance, Funding, Investing, Banking, Stocks, Fintech, Stash, Breyer, Jim Breyer, Breyer Capital, Ed Robinson, Green Dot Bank, Netflix T Mobile and Chipotle


Time is Ltd. uses data from Slack and other cloud software to help companies improve productivity

Time is Ltd., a Prague-based startup offering “productivity software analytics” to help companies gain insights from employees’ use of Slack, Office 365, G Suite and other enterprise software, has raised €3 million in funding. Leading the round is Mike Chalfen — who previously co-founded London venture capital firm Mosaic Ventures but has since decided to operate as a solo investor — with participation from Accel. The investment will be used by Time is Ltd. to continue building the platform for ...
Tags: Fundings & Exits, Startups, TC, Europe, London, Enterprise, Microsoft, Tech, Prague, Accel, Rezab, Mosaic Ventures, Microsoft Workplace Analytics, Mike Chalfen, Time is Ltd, Slack Office 365 G Suite


Unmind scores £3M investment for its workplace mental health platform

Unmind, a U.K.-based startup that offers a mental health platform for the workplace, has raised £3 million in new funding. The round is led by London-based venture capital firm Felix Capital, with co-investment from Michael Whitfield and Chris Bruce, the founders of Thomson Online Benefits. Founded in 2016, Unmind is a B2B service that provides “clinically backed” tools, training and assessments for company employees in a bid to improve workplace mental health. The digital platform, delivered...
Tags: Fundings & Exits, Startups, TC, Europe, John Lewis, London, Tech, Taylor, Felix Capital, Nick Taylor, Chris Bruce, Unmind, Michael Whitfield


HealthJoy raises $12.5M Series B to help employees make the most of their healthcare benefits

Healthcare in the United States is so complicated that even employees with good benefits might have a hard time navigating their options. HealthJoy wants to help with a health benefits platform that uses AI to answer questions. The Chicago-based startup announced today that it has raised $12.5 million in Series B funding led by U.S. Venture Partners, with participation from Epic Ventures and returning investors Chicago Ventures, Sidekick Ventures and its co-founders. This brings HealthJoy’s t...
Tags: Fundings & Exits, Startups, TC, Insurance, Tech, Benefits, Chicago, United States, Healthcare, Holland, Rakuten, Health Benefits, Epic Ventures, AVG Technologies, U S Venture Partners, Jonathan Root


PolyAI scores $12M Series A to put its ‘conversational AI agents’ in contact centres

PolyAI, a London startup founded by experts in the field of “conversational AI” — including CEO Nikola Mrkšić who was previously the first engineer at Apple-acquired VocalIQ — has raised $12 million in Series A funding to deploy its tech in customer support contact centres. The round was led by Point72 Ventures, with participation from Sands Capital Ventures, Amadeus Capital Partners, Passion Capital, and Entrepreneur First (EF). PolyAI’s founders are graduates of EF, although they didn’t meet d...
Tags: Apple, Fundings & Exits, Startups, TC, Europe, London, Tech, Cambridge, University of Cambridge We, Shawn Wen, PolyAI, Nikola Mrkšić, Dialog Systems Group, Machine Intelligence Lab, Mrkšić