Posts filtered by tags: Venture-capital[x]


 

Amify raises its first venture round on a promise: to boost revenue for third party sellers on Amazon

Small businesses have a complicated relationship with Amazon . While they fear the company because they have no control over it, Amazon’s platform is also a great way to reach shoppers, particularly small businesses that rise to the top of its results pages. Amify, a nine-year-old, Alexandria, Va.-based company, says it can get them there, and investors are buying its pitch. As founder and CEO Ethan McAfee tells us, the 60-person company just raised $5.8 million in Series A funding — its first...
Tags: Amazon, TC, China, Tech, Venture Capital, Las Vegas, Cincinnati, Brooks, McAfee, Alexandria Va, Nigel Morris, T Rowe Price, Dundee Venture Capital, CincyTech, Amify, Ethan McAfee


New Funding for Workplace Software Firms Skedulo and Scope AR

Two young San Francisco companies on Wednesday announced fundraisings to bolster their online services aimed at improving workforce efficiency.—Skedulo, which helps managers schedule assignments for field service personnel, says it raised $28 million in a Series B funding round led by M12, Microsoft’s corporate venture arm. Joining in the round were previous investors Blackbird, a venture capital firm based near Sydney, Australia, and Palo Alto, CA-based Costanoa Ventures. M12 principal Priya S...
Tags: Deals, Startups, Mobile, Microsoft, Workplace, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Unilever, Web, It, Vc, Software


Starbucks will anchor the new $400 million food-focused Valor Siren Ventures fund

Starbucks is serving up a steaming hot $100 million cash commitment to anchor a new food-focused fund in partnership with the consumer and tech-focused focused private equity firm Valor Equity Partners. The behemoth of burnt-coffee said that its commitment to the Valor Siren Ventures fund is an attempt to focus on “new ideas and technologies that are relevant to customers, inspiring to partners (employees), and meaningful to Starbucks business.” The Starbucks announcement was short on details...
Tags: Apple, Food, TC, Spacex, Restaurants, Tech, Tesla, Companies, Venture Capital, Retail, Starbucks, Johnson, Kevin Johnson, General Mills, Addepar, Tyson Foods


Erectile pharmacy app Ro launches telehealth service for women

Six months ago, Roman, the cloud pharmacy for erectile dysfunction, dropped the ‘man’ to become ‘Ro.’ At the same time, the company raised a monstrous Series A funding round of $88 million and unveiled Zero, a product meant to help people quit smoking, a root cause of ED. Now, Ro is addressing a different demographic. Today, it announces ‘Rory,’ a line of products for menopausal women. In total, Rory offers six products treating four conditions, with prices starting at $13 per month. Prescriptio...
Tags: Health, Startups, Facebook, Tech, Venture Capital, General Catalyst, Slow Ventures, Rory, Blank, Ro, Scott Belsky, Zachariah Reitano, TechCrunch Right, ED Now Ro, Rachel Blank, Melynda Barnes Rachel Blank


New Accelerator Aims For Social Change With AR, VR, Gaming Startups

Games for Change, a non-profit that promotes the use of games and immersive technology for social good, is taking applications from startup teams for a new accelerator program it’s launching in New York City.New York-based Games for Change already encourages game and XR developers, by a variety of means, to build societal benefits into their designs. The organization, founded in 2004, holds an annual festival with demos, workshops, and training sessions, and also operates awards programs and st...
Tags: Startups, Games, Internet, Entrepreneurship, Funding, San Francisco, Trends, Tech, Web, It, Vc, Software, Innovation, Venture Capital, Virtual Reality, Berkshire Hathaway


These ad execs have a venture fund they’d like to sell you

Mike Duda comes from the world of advertising. In fact, he spent 13 years at the renowned ad agency Deutsch, becoming the youngest partner in the company’s history until another creative, Brent Vartan, came along and stole the title. Little wonder that in 2010, when Duda struck out on his own to create Bullish (formerly known as Consigliere Brand Capital), he stole Vartan, later making him the firm’s second managing partner. It isn’t that the two wanted to outgun their former employer exactly. I...
Tags: Google, Amazon, TC, Facebook, Ecommerce, New York, Boston, San Francisco, Tech, Walmart, Palo Alto, Portland, Venture Capital, San Diego, Patagonia, Silicon Valley


Glossier triples valuation, enters unicorn club with $100M round

Glossier, known for its flagship line of barely there beauty products, has landed a $100 million Series D led by Sequoia Capital. The round values Emily Weiss’ business at a whopping $1.2 billion, fully cementing the company as a startup “unicorn” and tripling the valuation it garnered with a $52 million Series C in 2018. News of the round was first reported by The Wall Street Journal and later confirmed by Glossier. “We are building an entirely new kind of beauty company: one that owns the dist...
Tags: Startups, TC, New York, Instagram, Funding, Tech, Dropbox, Venture Capital, Estee Lauder, Quinn, Sequoia Capital, Thrive Capital, Wall Street Journal, IVP, WSJ, Tiger Global Management


South Africa’s FlexClub raises $1.2M, partners with Uber Mexico

FlexClub, a South African startup that matches investors and drivers to cars for ride-hailing services, closed a $1.2 million seed round led by CRE Venture Capital. The company will use the financing to add team members and expand off the continent through a partnership with Uber Mexico. The move comes as Africa’s tech-transit space continues to produce unique mobility solutions shaped around local needs. FlexClub touts itself as a “gig economy investment platform” that is creating new asset ...
Tags: TC, Uber, Indonesia, Mexico, Finance, Nigeria, Africa, Tech, Economy, Uganda, South Africa, Transport, Venture Capital, Carsharing, Taxify, Startup Company




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


General Catalyst just carved out an aggressive new seed-stage program — here’s what to know

General Catalyst is diving more seriously into the business of funding seed-stage startups. To wit, the venture firm is announcing today that it plans to invest at least $25 million each year in nascent teams that “can’t be too early” for the firm to see, according to Katherine Boyle, an investor with the firm who will be spearheading the effort with two other colleagues: Niko Bonatsos and Peter Boyce, who cofounded and continues to help oversee Rough Draft Ventures, a student-focused program fu...
Tags: TC, Ipo, Tech, Venture Capital, Reid Hoffman, Andreessen Horowitz, Sequoia Capital, General Catalyst, Greylock, Sequoia, Marc Andreessen, Bryan Schreier, Boyle, Boyce, Niko Bonatsos, Katherine Boyle


Y Combinator bets on the booming podcast industry

Podcasts are exploding in popularity and Y Combinator, the startup accelerator known for its long list of unicorn graduates, is throwing its support behind a business tackling the podcast monetization problem. Among its latest and largest-ever cohort is Brew, a subscription-based app complete with original content. Though Brew’s founders, Jijo Sunny, Madhavan Ramakrishnan, Aleesha John and Joseph Sunny, call Brew the “Netflix for podcasts,” the app differs from Luminary, which made headlin...
Tags: Startups, TC, Y Combinator, Accelerator, Podcasts, Entertainment, Funding, San Francisco, Tech, Netflix, Venture Capital, Airbnb, Trevor Noah, Himalaya, Justine, Kerala India


AmplifAI Raises $3.9M, Its First Outside Funding, For Call Center AI

Dallas—AmplifAI Solutions, which makes artificial intelligence-enabled software for call center operations, has raised $3.9 million.Investors in the funding round were Naya Ventures, LiveOak Venture Partners, and Capital Factory, all based in Austin.AmplifAI has developed software that uses machine learning algorithms to analyze behaviors of top-performing employees in order to create training programs for employees across the payroll. Now, the company plans to use the funding to further develo...
Tags: Startups, Home Depot, Texas, Funding, Trends, Tech, Investment, Data, People, Vc, Artificial Intelligence, Software, Austin, AT&T, Innovation, Venture Capital


Give Us 5 Minutes, We’ll Give You What You Need to Know about Venture Capital for your Startup

2018 broke historic records in the world of venture capital — investors made more money, megafunds increased significantly and businesses sold for more than ever. I’m proud to say that my first company, Wordstream, was among the big ticket acquisitions — I started it back in 2007 and last year I sold it to Gannet (the largest newspaper publisher in the U.S.) for $150 million. Want to get in on the action? Build a unicorn company, get investors, keep building, and one day you can have a 9-figure...
Tags: Facebook, Ipo, Softbank, US, Sales, Venture Capital, Anaplan, Tiger Global, CVC, WordStream, Moderna Therapeutics, VC & Angel Capital, PitchBook NVCA, Latest Venture Capital Trends


Startups Weekly: Uber’s headline-grabbing week and sextech at SXSW

I spent the week at SXSW, Austin’s really, really huge technology, music, comedy and film festival. It’s my first year making the trek down here for the event, which I did to interview sextech entrepreneur Lora DiCarlo founder Lora Haddock, whose robotics innovation reward was infamously revoked at this year’s CES. “I brush my teeth and I masturbate. It’s all normal,” she said, addressing the stigma surrounding female-focused pleasure tech. Haddock, during our chat, also announced the first-ever...
Tags: Startups, Uber, Y Combinator, Money, Finance, India, Funding, US, Tech, Austin, United States, Venture Capital, Aws, Sam Altman, Airbnb, Tiger Global


What to watch for in a VC term sheet

Mital Makadia Contributor Mital is a partner at Grellas Shah, focusing on representing tech startups and startup founders. She provides counsel on a variety of corporate and transactional matters and negotiates and structures equity financings, M&A transactions, and commercial and intellectual property transactions for her clients. When startup founders review a VC term sheet, they are mostly only interested in the pre-money valuation and the board composition. T...
Tags: Startups, Column, Tech, Venture Capital, Lawyers, Term Sheets, Startup Lawyers, Verified Experts, Grellas Shah, Mital Makadia Contributor Mital


CesiumAstro, MAP Health, StoryFit, Hatch Pitch & More Texas Tech

[ Updated 3/14/19, 1:53 pm CT. See below. ]  Another South By Southwest festival comes to a close in Austin. Let’s catch up with the highlights from the tech portion this year and other innovation news in Texas.—CesiumAstro, an Austin-based maker of antennas and communications systems for satellites, said it has raised $12.4 million in a Series A funding round. Airbus Ventures, the venture arm of plane-maker Airbus, led the round, according to a press release. Other investors were Kleiner Pe...
Tags: Apps, Publishing, Texas, Entertainment, China, Cancer, Funding, Los Angeles, Trends, Startup, Insurance, Tech, Investment, People, Vc, Artificial Intelligence


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


Silicon Valley's Fingerprints Are All Over the College Bribery Scandal

When the insular Silicon Valley venture capital world found out this week that over a dozen local wealthy parents got caught bribing their way into colleges like the University of Southern California, their first reaction was to throw their head back in laughter: They paid $200,000 to get their kid into USC and UCLA,…Read more...
Tags: Science, Stanford, Venture Capital, Silicon Valley, Usc, Ucla, Bill Mcglashan, University Of Southern California, TPG Growth


Topouzian Brings Economic Development Perspective to New MVCA Role

Ara Topouzian is a longtime Oakland County economic development official and a 2012 Kresge Artist Fellow recognized for his work playing a 76-string kanun harp in Armenian and world music bands. As of March 25, he’ll also be the new director of the Michigan Venture Capital Association, which works to advance the state’s VC ecosystem.Topouzian comes to the MVCA after six years of heading up the 700-member Troy Chamber of Commerce, where he says he worked to reinvent the organization and create p...
Tags: Startups, Entrepreneurship, Trends, Vc, Innovation, Venture Capital, Detroit, Economic Development, Oakland County, National blog main, Detroit blog main, Detroit top stories, Diversity and Inclusion, Michigan Venture Capital Association, MVCA, EntryPoint


Lee Fixel is leaving Tiger Global

Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at the end of June, the firm announced today in a letter sent to clients and seen by Reuters. Scott Shleifer and Chase Coleman will continue as co-managers of the portfolios Fixel has overseen, with Shleifer taking over as its head, according to the letter. Fixel, 39, is reportedly planning to invest his own money and “may start an investment firm in the future,” Tiger Global wrote in the letter. The move comes ...
Tags: Startups, TC, Spotify, New York, India, Softbank, Walmart, Beijing, United States, Venture Capital, Silicon Valley, University of Florida, Norman, Tiger Global, Tiger Global Management, Ola


Keen, a San Antonio SaaS Startup Owned by Scaleworks, Hires New CEO

San Antonio—Ben Kuhn has been promoted to become the CEO of Keen, a San Antonio startup that helps software developers with custom application programming interfaces for data collection and analytics.Kuhn was hired as the general manager of Keen in 2018, having previously worked at healthcare companies DaVita and Genentech. Most recently, he co-founded another software-as-a-service (SaaS) startup in San Antonio, Luka Health, which he left for Keen.Keen is owned by Scaleworks, an investment firm...
Tags: Startups, Texas, Science, Technology, Developer, Trends, Startup, Tech, ROI, Analytics, Developers, Software, SaaS, Venture Capital, Private Equity, Software Development


Can there be too much competition between startups?

Competition is the core of capitalism. Competition between companies lowers prices — on average — and ensures that they are forced to innovate lest they lose their markets to others. Competition between workers ensures that people strive to do their best work lest their jobs go to more qualified or faster or cheaper replacements. Obviously, there is a spectrum here from lethargic monopoly to cutthroat competition that causes more problems than it’s worth (environmental damage in the hopes of cut...
Tags: Travel, Amazon, Ecommerce, New York, China, Nigeria, Africa, Palo Alto, Alibaba, Venture Capital, JD.com, Silicon Valley, Starbucks, Travis Kalanick, Naspers, Reuters


Alchemie Snags NSF Grant to Develop AR Tools for Teaching Chemistry

Alchemie, a Troy, MI-based educational technology startup, has won another round of funding from the National Science Foundation (NSF) to develop 3D and augmented reality (AR) learning tools for teaching general chemistry.The funding, announced this week, is a $140,000 Technology Enhancement through Commercialization Partnerships extension to a Phase II SBIR (Small Business Innovation Research) grant focused on building game-based learning modules and assessment technology for organic chemistry...
Tags: Startups, Entrepreneurship, Funding, Trends, Tech, Vc, Software, Chemistry, Innovation, Venture Capital, Detroit, University Of Michigan, Georgia Tech, National Science Foundation, University of Washington, NSF


The Investments Cisco, Samsung, Toyota, and Chevron Are Making in AI

Austin—If you’re a startup talking up your artificial intelligence chops in your venture capital pitch, you’re not alone.For Cisco Investments, the venture arm of tech giant Cisco, artificial intelligence is no longer one of the key trends to watch for during pitches in 2019. That’s according to Noah Yago, a director at Cisco Investments, who said the firm did list it as a trend to watch in 2017 and 2018. Part of the issue is saturation, he said.“Our view is that we’re sort of at peak oil for A...
Tags: Google, Auto, Startups, Facebook, Texas, Technology, Trends, Startup, Tech, Investing, Cisco, Car, Vc, Artificial Intelligence, Software, Austin


Uber reportedly raising $1B in deal that values self-driving car unit at up to $10B

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at between $5 billion and $10 billion, according to a Tuesday report from The Wall Street Journal. Uber declined to comment. The news comes shortly after TechCrunch’s Mark Harris revealed the ridehailing firm was burning through $20 million a month on developing self-driving technologies, which means, acc...
Tags: Google, Startups, TC, Transportation, Lyft, Uber, Softbank, Funding, Economy, AV, United States, Transport, Venture Capital, Toyota, The Wall Street Journal, WSJ


Uber said to be raising $1B at a $10B valuation for its self-driving car unit

Uber is in negotiations with investors, including the SoftBank Vision Fund, to secure an investment as large as $1 billion for its autonomous vehicles unit. The deal would value the business at between $5 billion and $10 billion, according to a Tuesday report from The Wall Street Journal. Uber declined to comment. The news comes shortly after TechCrunch’s Mark Harris revealed the ridehailing firm was burning through $20 million a month on developing self-driving technologies, which means, acc...
Tags: Google, TC, Transportation, Lyft, Uber, Softbank, Funding, Tech, Economy, AV, United States, Transport, Venture Capital, Toyota, The Wall Street Journal, WSJ


Meet the 19 startups in AngelPad’s 12th batch

AngelPad just wrapped the 12th run of its months-long New York City startup accelerator. For the second time, the program didn’t culminate in a demo day; rather, the 19 participating startups were given pre-arranged one-on-one meetings with venture capital investors late last week. AngelPad co-founders Thomas Korte and Carine Magescas did away with the demo day tradition last year after nearly a decade operating AngelPad, which is responsible for mentoring startups including Postmates, Twitte...
Tags: Apple, Amazon, Startups, Accelerator, Twitter, Utah, Japan, Real Estate, Berlin, New York City, Los Angeles, San Francisco, Tech, Adidas, Tesla, MoPub


Clinical Analytics Platform TriNetX Raises $40M to Speed Drug Trials

TriNetX, a Cambridge, MA developer of data analytics software for clinical research, has raised $40 million in a Series D funding round led by Merck’s corporate venture capital fund, the company said.The company’s analytics platform helps pharma companies detail the many aspects of a clinical trial—from choosing hospital locations with adequate populations of patients to managing what age ranges and other demographic variables to include in the studies—to cut down on delayed studies due to a re...
Tags: Deals, Boston, Massachusetts, Trends, Merck, Artificial Intelligence, Venture Capital, Cambridge, Machine Learning, Novartis, Pfizer, Delays, Protocol, Electronic Health Records, Amendments, Sanofi


‘We Know Them. We Trust Them.’ Uber and Airbnb Alumni Fuel Tech’s Next Wave.

As some of Silicon Valley’s most prominent start-ups prepare to go public, networks of their former employees are expected to plow big sums of money into a new generation of firms.
Tags: News, Entrepreneurship, Innovation, Venture Capital, Silicon Valley, Airbnb, Start-ups, Uber Technologies Inc, Car Services and Livery Cabs, Initial Public Offerings, Computers and the Internet, Silicon Valley (Calif, Airbnb Alumni Fuel Tech