How 2 startups scaled to $50M ARR and beyond
Today, we're discussing OwnBackup and Assembly, two middle-late startups that are entering unicorn territory. The current list of venture-backed private companies we expect to go public — and the number of companies that might say yes to.....»»
Obviously AI, a no code startup for data analysts, increases its seed round to $4.7M
Nirman Dave’s two startups are very different, but both have a DIY spirit. The first, called CircuiTricks and founded during his gap year after high school, created kits to teach students about electronics and physics. Now Dave is chief executive o.....»»
MaxAB, the Egyptian B2B food and grocery delivery startup, raises $40M for expansion
Globally, food and grocery delivery startups have been raising mega-rounds of late, especially those in Europe as the pandemic has given rise to more people ordering online more than ever. This growth has translated to an increase in volume across e-.....»»
Startups, culture and riding the meme wave
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment. Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that a.....»»
CMU’s president discusses how Pittsburgh is building — and retaining — high-tech startups
For a brief moment, earlier this week, it seemed as though Pittsburgh might be the center of the tech universe. Just as Carnegie Mellon alum Duolingo was announcing its IPO. Senators Bob Casey and Pat Toomey were in town, as Vice President Kamala Har.....»»
Tiger Global leads $42M Series B in Nigerian credit-led neobank FairMoney
Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adop.....»»
Common mistakes Indian startups make when relocating to the US
The United States is a welcoming market full of opportunities. However, relocating presents significant challenges. Sanjoe Tom Jose Contributor Share on Twitter Sanjoe Tom Jose.....»»
Paper gets $100M worth of venture-backed paper for B2B edtech
For edtech startups, it’s always been easier to go direct-to-consumer than it is to sell into school districts. The latter has stodgy and strict sales cycles, while the former has a bit more flexibility when it comes to opening up that wallet. The.....»»
Germany’s icon group VC bets $30M to back startups enabling traditional companies to pivot
Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of the company from a full-service innovation agency into also offering VC backing. iconmobile has garnered a r.....»»
Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe
“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little.....»»
Uber’s first head of data science just raised a new venture fund to back nascent AI startups
Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accompl.....»»
Uber’s first head of data science just launched a new venture fund to back nascent AI startups
Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He transitioned out of the company in late 2017, after Travis Kalanick had been replaced as CEO by Dara Khosrowsh.....»»
Pietra raises $15M from Founders Fund to help creators launch their own product lines
In the white-hot creator economy space, startups are increasingly looking to build paint-by-numbers platforms to help budding creators more easily execute on what were once seemingly insurmountable business challenges. The ex-Uber team at Pietra is c.....»»
Women’s social network Peanut launches microfund StartHER to invest in pre-seed stage startups
Peanut, the maker of a social networking app for women, is entering into the investing space with today’s launch of a microfund called StartHER. As the name implies, the new fund will focus on investing in women as well as other historically e.....»»
For US and Chinese startups, the IPO market is increasingly a two-tier affair
While many Chinese companies are seemingly struggling to find the demand that they expect for their shares on American exchanges, domestic companies are seeing some opposite results. The American IPO market is hot for many companies, but su.....»»
Shogun, a front end e-commerce page builder, nabs $67.5M as retailers look for alternatives to marketplaces
E-commerce marketplaces continue to play a major role in how consumers buy goods online and how retailers show off and sell goods to those consumers, accounting globally for 47% of all e-commerce sales. But today, one of the startups that has built t.....»»
Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush
Istanbul in Turkey continues to prove itself as very fertile ground for casual gaming startups, which appear to be growing from small seedlings into sizable trees. In the latest development, Dream Games — a developer of mobile puzzle games R.....»»
Former Zillow execs raise $70M seed round for Tomo, which wants to simplify the mortgage process
There are so many startups pledging to reinvent the mortgage process that it’s hard to keep up. But for anyone who has had to go through the process of applying for one, it’s clear that there’s plenty of room for improvement. The latest startup.....»»
Sequoia Capital India unveils fifth group of startups for Surge
Sequoia Capital India has selected 23 early-stage startups for its fifth cohort of Surge, its accelerator program for India and Southeast Asia, at a time when dealflow activity is at its peak in the region. The new cohort, Surge’s largest to da.....»»
Forum Brands raises $27M Series A as crowded Amazon roll-up space continues to heat up
The number of startups acquiring e-commerce businesses, especially those operating on Amazon, to grow and scale is increasing as more people than ever are shopping online. The latest such startup to raise capital is Forum Brands, which today announce.....»»
SaaS-focused Acceleprise rebrands, raises $30M in new capital
TechCrunch has covered Acceleprise several times over the years, including a look at its mid-2020 accelerator startup batch from its three accelerators. The firm has long focused on business-to-business SaaS startups, helping them get their start in.....»»