Posts filtered by tags: Recent Funding[x]


 

Vendia raises $5.1M for its multi-cloud serverless platform

When the inventor of AWS Lambda, Tim Wagner, and the former head of blockchain at AWS, Shruthi Rao, co-found a startup, it’s probably worth paying attention. Vendia, as the new venture is called, combines the best of serverless and blockchain to help build a truly multi-cloud serverless platform for better data and code sharing. Today, the Vendia team announced that it has raised a $5.1 million seed funding round, led by Neotribe’s Swaroop ‘Kittu’ Kolluri. Correlation Ventures, WestWave Capit...
Tags: Startups, Cloud, Technology, Enterprise, Developer, Cloud Computing, Tech, Artificial Intelligence, Computing, Aws, Lambda, Cryptocurrencies, Coinbase, Blockchain, Correlation Ventures, Tim


Health class is outdated, so Lessonbee wants to fix it

Sex education in the United States is complicated. One example: For decades, the United States invested billions into abstinence-only programs. Eventually, schools rejected government funding for these programs and pushed a more comprehensive and medically accurate agenda. Even with progress, schools across the country continue to reckon with a legacy of inaccuracy. And the government is still funding abstinence-only programs. It’s bad news for students, and for founder of Lessonbee Reva McPollo...
Tags: Startups, TC, Education, Tech, United States, Recent Funding, Lessonbee, Lessonbee Reva McPollom, McPollom, Reva McPollom, National Health Education, Lessonbee State, McPollam


R&D tax credits are due July 15th. Neo.tax wants to help startups apply, and raised $3M to do it

All founders love “free” money, but with the global pandemic going on, the necessity of free money has taken on a whole new meaning this year. First, there was the scramble to secure PPP loans a few weeks back for U.S.-based startups, and then the second wave of PPP loans when Congress offered a second tranche of funding. Two weeks ago, I covered a company called MainStreet, which is helping startups apply for local economic development credits which cities offer to businesses relocating to thei...
Tags: Fundings & Exits, Startups, Congress, Finance, Stanford, Funding, Tech, Facebook Ads, Tax credits, Accounting, Pilot, PPP, Intuit, Neo, Ibrahim, Andy McLoughlin


RIOS comes out of stealth to announce $5M in funding for ‘industry-agnostic’ robotics

Bay Area-based robotics startup RIOS is coming out of stealth today to announce $5 million in funding. The round is being led by Valley Capital Partners and Morpheus Ventures, with participation from a long list of investors, including Grit Ventures, Motus Ventures, MicroVentures, Alumni Ventures Group, Fuji Corporation and NGK Spark Plug Co. The move comes during a time of increased interest in factory automation. A number of different startups have received massive funding of late, includi...
Tags: Startups, Tech, Robotics, Stanford University, Bay Area, Rios, Xerox PARC, NGK, Recent Funding, Morpheus Ventures, Valley Capital Partners, Berkshire Grey, Valley Capital Partners and Morpheus Ventures


Capital raises $9M for its AI-based ‘capital as a service’ funding platform for startups

In 2019, in the US alone, more than 10,000 startups raised more than $133 billion in venture funding, with a large proportion of that equity investments. Today, a company building a platform to help startups consider alternative routes to financing — specifically less dilutive options that give up less or no equity in the process — is announcing a round of funding of its own to ramp up its activity. Capital, which has built an AI-based platform called the “Capital Machine” that ingests detail...
Tags: Startups, TC, Yahoo, Finance, US, Tech, Capital, Jerry Yang, Dfj, First Round Capital, Ame Cloud Ventures, Steve Jurvetson, Rentech, Jurvetson, Silverberg, Lighter Capital


Nacelle raises $4.8M for its headless e-commerce platform

As e-commerce companies aim to capitalize on the online spending boom connected to shelter-in-place and keep the party going as physical retailers open back up, more are turning their attention to how they can juice the functionality of their online storefronts and improve experiences for shoppers. Enter Nacelle, an LA-based startup in the burgeoning “headless” e-commerce space. The startup bills itself as a JAMstack for e-commerce, offering a developer platform that delivers greater performance...
Tags: Startups, TC, Ecommerce, Tech, E-commerce, Italy, Shopify, Anderson, Index Ventures, Brian Anderson, Headless, Boll Branch, Recent Funding, Andrew Bialecki, Nacelle, Jamie Sutton Klaviyo


TuSimple seeking $250 million in new funding to scale self-driving trucks

TuSimple, the self-driving truck startup backed by Sina, Nvidia, UPS and Tier 1 supplier Mando Corporation, is headed back into the marketplace in search of new capital from investors. The company has hired investment bank Morgan Stanley to help it raise $250 million, according to multiple sources familiar with the effort. Morgan Stanley has sent potential investors an informational packet, viewed by TechCrunch, that provides a snapshot of the company and an overview of its business model,...
Tags: Google, Amazon, Startups, Hong Kong, Texas, China, Tech, UPS, Beijing, Automotive, United States, Arizona, Shanghai, San Diego, Morgan Stanley, Embark


YC-backed Tango Builder wants to use aerospace engineering to build a house

Housing has been constructed for millennia, and while clearly our modern abodes are ever so slightly better than the elk tents we used to live in, the construction techniques behind housing today haven’t progressed all that much. What has progressed are prices — it’s more expensive than ever to build a modern unit, and that’s just for housing — head over to commercial real estate, and the numbers don’t look much better. For Martin Diz and his team, that’s a problem. Diz is not exactly a lifelong...
Tags: Fundings & Exits, Startups, Y Combinator, Real Estate, California, Mexico, Funding, Tech, Ecuador, Tango, Tracy Young, Plangrid, Yc, Diz, Recent Funding, Martin Diz


Karat launches a credit card for online creators

Karat is a new startup promising to build better banking products for the creators who make a living on YouTube, Instagram, Twitch and other online platforms. Today it’s unveiling its first product — the Karat Black Card. The startup, which was part of accelerator Y Combinator’s Winter 2020 batch, is also announcing that it has raised $4.6 million in seed funding from Twitch co-founder Kevin Lin, SignalFire, YC, CRV and Coatue. Co-founder and co-CEO Eric Wei knows the creator world well, than...
Tags: Fundings & Exits, Startups, Y Combinator, Media, Youtube, Funding, Tech, Kevin Lin, Karat, Wei, SignalFire, CRV, Coatue, Eric Wei, Recent Funding, Will Kim


Candidate Labs wants to be modern talent agency for techies

In the first few minutes of pitching his new company, Candidate Labs, Jonathan Downey admitted that he’s operating in a market that is “done to death”: recruitment technology. But Downey, whose previous startup Airware shut down after burning $118 million, remains optimistic because of a little company named Zoom. “There were lots and lots of videoconferencing companies and yet everybody’s experience was really bad,” he said. “It just took [Zoom] coming along and getting just a few more things r...
Tags: Travel, Startups, TC, Recruitment, Hiring, Airware, Downey, SignalFire, Jonathan Downey, Michael Zhang, Recent Funding, Jack Altman, Trumaker, Candidate Labs, Opendoor Eric Wu, Ian Wong Candidate Labs


Candidate Labs wants to be a modern talent agency for techies

In the first few minutes of pitching his new company, Candidate Labs, Jonathan Downey admitted that he’s operating in a market that is “done to death”: recruitment technology. But Downey, whose previous startup Airware shut down after burning $118 million, remains optimistic because of a little company named Zoom. “There were lots and lots of videoconferencing companies and yet everybody’s experience was really bad,” he said. “It just took [Zoom] coming along and getting just a few more things r...
Tags: Startups, TC, Tech, Recruitment, Hiring, Airware, Downey, SignalFire, Jonathan Downey, Michael Zhang, Recent Funding, Jack Altman, Trumaker, Candidate Labs, Opendoor Eric Wu, Ian Wong Candidate Labs


Atmos wants to make building a house a one-click effort

Homebuilding is not for the faint of heart, particularly those who want to build something custom. Selecting the right architect and designer, the myriad of contractors, the complexity of building codes and siting, the regulatory approvals from local authorities. It’s a full-time job — and you don’t even have a roof built over your head. Atmos wants to massively simplify homebuilding, and in the process, democratize customization to more and more homeowners. The startup, which is in the current ...
Tags: Fundings & Exits, Startups, Y Combinator, Real Estate, Funding, Tech, Austin, Sam Altman, Wealthfront, Openai, Atmos, Valley, Raleigh Durham, Altman, DONAHUE, Daniel Gross


Lightrun raises $4M for its continuous debugging and observability platform

Lightrun, a Tel Aviv-based startup that makes it easier for developers to debug their production code, today announced that it has raised a $4 million seed round led by Glilot Capital Partners, with participation from a number fo engineering executives from several Fortune 500 firms. The company, which was co-founded by Ilan Peleg (who, in a previous life, was a competitive 800m runner) and Leonid Blouvshtein, with Peleg taking the CEO role and Blouvshtein the CTO position. The overall idea behi...
Tags: Fundings & Exits, Startups, Enterprise, Developer, Funding, Tel Aviv, Tech, Cto, Monitoring, Peleg, JVM, Glilot Capital Partners, Kobi Samboursky, Debugging, Recent Funding, Tracing


DriveU.auto, a LiveU spinout, comes out of stealth with $4M

Teleoperators who remotely monitor and control autonomous vehicles rely on high-performance connectivity to transfer 4K video, multiple audio streams and other data. Even a skosh of latency, jitter or packet loss could spell disaster for a teleoperator intervening to help an autonomous sidewalk delivery bot or even a robotaxi. One Israeli startup, which spun out of video transmission technology company LiveU, has developed a connectivity platform aimed at ending unpredictable network behavior...
Tags: Startups, TC, Transportation, Tech, Automotive, United States, Cto, Francisco Partners, Zohar Zisapel, Cognata, Europe Israel Japan, Recent Funding, DriveUauto, LiveU, Alon Podhurst, Podhurst


Canva raises $60 million on a $6 billion valuation

Sydney-based Canva, the design platform for non-designers, has today announced the close of a $60 million funding round, bringing its valuation to $6 billion, according to the company. The startup has raised a total of more than $300 million, including this latest round of financing, from investors like Bond, General Catalyst, Sequoia, Felicis Ventures, and Blackbird Ventures . Canva COO and cofounder Cliff Obrecht explained that the round was 10x oversubscribed with interest from angels an...
Tags: Travel, Startups, TC, Enterprise, Instagram, Funding, Sydney, Sequoia Capital, Canva, Google Classroom, Dropbox Google, Blackbird Ventures, FedEx Office, Google Slides, Obrecht, Sequoia Capital China


Horizon Quantum raises $3.23M for its quantum software development tools

Horizon Quantum is part of a new crop of startups that focus on building new tools for building software for quantum computers. The Singapore-based company, which is hardware-agnostic but also launched a close partnership with Rigetti Computing in 2018, today announced that it has raised a $3.23 million funding round led by Sequoia Capital India. Previous investors SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV also participated. At its core, Horizon Quantum aims t...
Tags: Startups, TC, Singapore, Tech, Computing, Sequoia Capital, Emerging-technologies, Quantum Computing, Quantum Mechanics, Matlab, Rigetti Computing, Sequoia Capital India, Recent Funding, Horizon Quantum, Quantum Development, Sequoia Capital India Previous


Clockwise CEO Matt Martin: How we closed an $18M Series B during a pandemic

Matt Martin Contributor Share on Twitter Matt Martin is CEO and co-founder of Clockwise, a San Francisco-based software company. More posts by this contributor Recession-proof your software engineering career It all started with an email from a customer: “Do you know why Bain Capital Ventures is reaching out to me about Clockwise?” That email would mark the beginning of a journey toward closing $1...
Tags: Fundings & Exits, Startups, Column, Entrepreneurship, Articles, San Francisco, Entrepreneur, Tech, Software, Venture Capital, Greylock, Bain Capital Ventures, Accel, Reputation Management, Matt Martin, Ajay Agarwal


Payfone raises $100M for its mobile phone-based digital verification and ID platform

As an increasing number of daily and essential services move to digital platforms — a trend that’s had a massive fillip in the last few months — having efficient but effective ways to verify that people are who they say they are online is becoming ever more important. Now, a startup called Payfone, which has built a B2B2C platform to identify and verify people using data (but no personal data) gleaned from your mobile phone, has raised $100 million to expand its business. Specifically, Rodger De...
Tags: Startups, TC, Mobile, Enterprise, Funding, Tech, LexisNexis, Keefe, Sandbox Industries, MassMutual Ventures, PitchBook, Desai, Fortumo, Ralph de la Vega, Payfone, Apax Digital


Playbook, a creator platform focused on fitness, raises $3 million in seed

Playbook, aiming to be the Patreon of fitness content, announced the close of a $3 million seed round from several notable angels today. The investor roster includes Giphy founder Alex Chung, StyleSeat founder Melody McCloskey, EventBrite cofounder Renaud Visage, Seventh Generation founder John Replogle, former head of growth at Uber Ed Baker, former head of product at Uber Daniel Graf, Product Hunt founder Ryan Hoover, Bird head of growth Brendan O’Driscoll and Uphonest Capital. In the wake of ...
Tags: Health, Startups, TC, Apps, Entertainment, Collaborative Consumption, Tech, Playbook, Ryan Reynolds, Melody Mccloskey, Gal Gadot, Brendan O Driscoll, Peloton, Renaud, Etsy Seller Handbook, John Replogle


Credit-focused fintech startup Upgrade raises $40M after reaching $100M run rate

This morning Upgrade, a credit-focused fintech startup, announced that it has raised a $40 million Series D round that the company says gives it a $1 billion valuation. The Upgrade round slots neatly into a few trends TechCrunch has noted in recent quarters, including fintech startups raising at new, higher valuations, and some startups seeing sharp valuation growth on the back of comparatively modest raises. Other startups that have steeply repriced on small investments, in percentage terms,...
Tags: Fundings & Exits, Startups, TC, Tech, Upgrade, Santander, CVC, Lending-Club, LendingClub, LTV, Renaud Laplanche, Laplanche, Laplanche Upgrade, Recent Funding, LendingClub Upgrade


Contentful raises $80M Series E round for its headless CMS

Headless CMS company Contentful today announced that it has raised an $80 million Series E funding round led by Sapphire Ventures, with participation from General Catalyst, Salesforce Ventures and a number of other new and existing investors. With this, the company has now raised a total of $158.3 million and a Contentful spokesperson tells me that it is approaching a $1 billion valuation. In addition, the company also today announced that it has hired Bridget Perry as its CMO. She previously...
Tags: Startups, Spotify, Europe, Enterprise, Adobe, Africa, Tech, Spokesperson, Ceo, CONTENT MANAGEMENT SYSTEMS, Cms, Companies, Itv, Middle East, North America, Content Management


Degreed lands new cash for upskilling in a down market

While the pace of layoffs might be slowing down, an extended recession is forcing companies to get smarter about the way they grow. One way to stay lean and stealthy? Have a team that is constantly learning and equally flexible. Degreed helps employers do exactly that by connecting employees to learning resources to master new skills. The edtech startup today announced it has raised $32 million in venture capital in a round led by Owl Ventures, bringing its total known raised to $182 million....
Tags: Startups, TC, Education, Tech, Nasa, Mccarthy, David Blake, Owl Ventures, Degreed, Chris McCarthy, Recent Funding, Ethena, Adepto Degreed


Salt Security closes $20M Series A to help protect APIs

Today Salt Security, a startup that helps companies protect APIs, announced that it has closed a $20 million Series A. The Palo Alto-based company secured the new funds from Tenaya Capital, bringing its total capital raised to around $30 million. The Salt round caught TechCrunch’s eye as it fits reasonably well into a growing trend of API-powered and focused startups raising capital in recent months. On the back of Plaid’s epic exit, and the continued success of Twilio, APIs appear to be a lucra...
Tags: Fundings & Exits, Startups, TC, Apps, Tech, Palo Alto, Api, Salt, Tenaya Capital, Recent Funding, Salt Security


Aerones abandons industrial drones to focus on ground-based robotics as it raises $1.6M

Way back in 2018, Aerones detailed its plans to use large, industrial drones to clean wind turbines. The company had already raised $3.6 million to date and moved from Latvia to the San Francisco Bay Area. But things change fast in the world of startups — and sometimes that requires a rethink. Aerones will remain in the wind turbine-cleaning business, but its methods are changing pretty dramatically. That includes a move from the aforementioned drones to a ground-based robotic system. The sy...
Tags: Startups, Y Combinator, Europe, Tech, Latvia, Robotics, San Francisco Bay Area, Aerones, Recent Funding, Change Ventures, Sensum Group


IonQ raises additional funding for its quantum computing platform

Quantum computing startup IonQ today announced that it has raised additional funding as part of its previously announced Series B round. This round extends the company’s funding, including its 2019 $55 million Series B round, by about $7 million and brings the total investment into IonQ to $84 million. The new funding includes strategic investments from Lockheed Martin and Robert Bosch Venture Capital, as well as Cambium, a relatively new multi-stage VC firm that specializes in investing “in ...
Tags: Amazon, Fundings & Exits, Startups, TC, Hardware, Maryland, Microsoft, Knowledge, Funding, Tech, Amazon Prime, Computing, Lockheed Martin, Duke, Kelvin, Lockheed


Spike raises $8 million to make your email look like a chat app

Asynchronous chat apps like Slack have done their best to kill email, but maybe the key to chat replacing email is just making email look like chat? That’s the idea of Spike, a productivity startup that has built an email app that organizes emails into chat bubbles with an interface that encourages users to keep it short and simple. Spike’s software began with a focus solely on re-skinning the email experience, but today they’re also launching support for collaborative notes and tasks into their...
Tags: Startups, TC, Tech, Email Management, Spike, Koa Labs, Insight Partners, Recent Funding, Dvir Ben Aroya, Ben Aroya, Daniel Aronovitz, Insight Partners Wix NFX


This startup just raised $12 million from top VCs to offer financial planning as an employee perk

Companies increasingly recognize that one of the greatest stresses for their employees is financial wellness. Even at innovative tech startups, people typically bump up against the limits of how much they know about wealth management pretty fast. But providing financial education to a workforce, which has become increasingly common, is largely useless as most employees will tell you. The information can be hard to navigate, and it’s often not personalized in a way that addresses an employee’s ci...
Tags: Startups, TC, New York, Funding, San Francisco, Tech, Financial Planning, Watson, Origin, General Catalyst, Felicis Ventures, Red Swan Ventures, Founders Fund, Citi, Northstar, Matt Watson


Kahoot raises $28M for its user-generated educational gaming platform, now valued at $1.4B

As schools stay closed and summer camp seems more like a germscape than an escape, students are staying at home for the foreseeable future and shifted learning to their living rooms. Now, Norwegian educational gaming company Kahoot — the popular platform with 1.3 billion active users and over 100 million games, most of which have been created by users themselves — has raised a new round of funding of $28 million to keep up with demand. The Oslo-based startup, which started to list some of its sh...
Tags: Startups, TC, Gaming, Europe, Education, Microsoft, Ipo, Disney, Tech, Northzone, Oslo, Kahoot, Recent Funding, DragonBox, Merkur Market, Eiler Hanoa


Conversa Health raises $12M Series B for its digital health platform

It’s no surprise that the coronavirus pandemic is accelerating the digital health space and so it’s also no surprise that a lot of the startups in this area are currently getting funded. Conversa Health, a Portland, Oregon-based startup that provides a virtual care and communication platform for personalized healthcare, is among these startups. The company today announced that it has raised a $12 million Series B round led by Builders VC and Northwell Ventures, the venture arm of Northwell Healt...
Tags: Health, Startups, New York, Oregon, Funding, Economy, Companies, Vc, Healthcare, Portland, Bank, Ohio, Portland Oregon, Startup Company, Northwell Health, Northwell Ventures


Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills

When TechCrunch last checked in with the Y Combinator-backed Vendr in October, the company had just raised $2 million, and was crowing about its profitability. Profitable seed-stage companies aren’t super common, so the startup stood out. Today Vendr is back with more news, namely that it has raised $4 million more, this time led by Craft Ventures, the venture capital shop associated with well-known tech denizen David Sacks. TechCrunch wanted to know why a profitable company would go back to the...
Tags: Fundings & Exits, Startups, Y Combinator, Tech, SaaS, David Sacks, Neu, Craft Ventures, Recent Funding, Vendr, Ryan Neu, COVID, David Sacks TechCrunch, Neu Vendr