Depository of News

Flat.mx raises $20M from VCs, proptech unicorn founders to fix Mexico’s ‘broken’ real estate market

Flat.mx, which wants to build a real estate “super app” for Latin America, has closed on a $20 million Series A round of funding. Anthemis and 500 Startups co-led the investment, which included participation from ALLVP and Expa. Previously, Flat.mx had ra

Cox Automotive acquires battery health company Spiers as ‘EVs take center stage’

Cox Automotive is getting into the electric vehicle battery lifecycle business. The company said Wednesday it acquired Oklahoma City-based Spiers New Technologies (SNT), a business that provides repair, remanufacturing, refurbishing and repurposing services f

Google appeals ‘disproportionate’ French copyright talks fine

Google is appealing the more than half a billion dollar fine it got slapped with by France’s competition authority in July. The penalty relates to the adtech giant’s approach toward paying news publishers for content reuse. In a statement today, S

Dear Sophie: How can I present a strong O-1A or EB-1A application?

I’m considering either having my startup sponsor me for an O-1A visa or self-petitioning an EB-1A green card. Any advice or insights on how to present a strong case for an O-1A or EB-1A? Thanks!

Humane, a stealthy hardware and software startup co-founded by an ex-Apple designer and engineer, raises $100M

A stealthy startup co-founded by a former senior designer from Apple and one of its ex-senior software engineers has picked up a significant round funding to build out its business. Humane, which has ambitions to build a new class of consumer devices and tech

“Knowledge-as-a-service” platform Lynk lands funding from UBS’ Investment Bank

Lynk, the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. This brings the round’s new total to $29 million. The s

General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel

The free itinerary maker and road trip planner takes the best parts of Google Docs and Maps and enables users to import the information and map out their trips with others.

Vista Equity to acquire majority stake in SaaS startup Drift, taking it to unicorn status

Private equity firm Vista Equity Partners announced today that it is taking a majority stake in Drift, a company which aims to be the Amazon of businesses, with a “growth investment” that propels the venture-backed startup to unicorn status. Unfortuna

Skit raises $23M Series B round led by WestBridge Capital to accelerate its growth

“Traditional voice-based call center service is difficult and costly. This is where artificial intelligence and voice technology have presented an opportunity for enterprises to overcome the challenges of scale and engagement at their customer contact cente

Anima, a no-code tool that turns designs into code, raises $10 million Series A

Anima, the YC-backed platform that turns designs into code, has today announced the close of a $10 million Series A financing. The round was led by MizMaa Ventures with participation from INcapital and Hetz Ventures. We’ve been following Anima, which wa

LastPad is a reusable menstrual pad that does away with disposable towels

Direct to consumer online sales have helped a number of female-focused startups get products to market in recent years — often pitching better designed and generally more thoughtful feminine hygiene products than mainstream staples. The lack of innovati

TikTok adds educational resources for parents as part of its Family Pairing feature

TikTok is expanding its in-app parental controls feature, Family Pairing, with educational resources designed to help parents better support their teenage users, the company announced morning. The pairing feature, which launched to global users last year, all

PayEm comes out of stealth with $27M and its answer to the expense report

The platform gives company finance teams a real-time look at what items employees are asking for funds to buy, and what is actually being spent.

Danish startups Responsibly raises $2M to benchmark supply chains on climate, diversity

If the world is to reach NetZero, and avoid climate disaster it needs to make every product sustainable and that means every purchase. But to do that you need a lot more transparency, so that means more data on suppliers to improve sourcing and benchmarking c

“Autonomous accounting” platform Vic.ai raises $50M round led by ICONIQ Growth

Vic.ai, a startup that has built an AI-based platform it claims can ‘automate’ enterprise accounting, has raised a $50M Series B round led by ICONIQ Growth, with participation from existing investors GGV Capital, Cowboy Ventures and Costanoa Ventu

Vector design tool Vectornator raises $20M round led by EQT Ventures

It’s an age-old tech industry story: company comes up with a tool to solve its own problem, then realizes the tool is actually worth more than the existing company. Something similar happened to Linearity. Its 17-year-old founder, Vladimir Danila, came up w

Trustshare runs escrow infrastructure as a service to facilitate online sales

Meet Trustshare, a London-based startup that is working on escrow infrastructure for online classified, B2B marketplaces, trade directories and more. It’s a white-label platform that can be integrated with online marketplaces in just a few lines of code. I

CoachHub raises $80M in Series “B2” round, as coaching goes digital in the pandemic

The world of professional coaching has grown over the years as coaches realised they could easily counsel people remotely and clients realized digital coaching was far more efficient. But, equally, a problem arose in how to sift the wheat from the chaff. At t

Oviva grabs $80M for app-delivered healthy eating programs

UK startup Oviva, which sells a digital support offering, including for Type 2 diabetes treatment, dispensing personalized diet and lifestyle advice via apps to allow more people to be able to access support, has closed $80 million in Series C funding —

VanMoof raises $128 million to become the world’s leading e-bike brand

Amsterdam-based startup VanMoof has raised a $128 million Series C funding round. The company designs and sells electric bikes that are quite popular in some markets. It now wants to become the world’s leading e-bike brand by iterating at a faster pace. Asi

Reframe your Metaphors, and other lessons from Y Combinator S21 Day 1

After a 17-hour marathon through nearly 200 startup pitches, the Equity team was fired up to get back on Twitter and chat through some early trends and favorites from the first day of Y Combinator’s demo party. We’ll be back on the air tomorrow, s

Our favorite startups from YC’s Summer 21 Demo Day, Part 1

Y Combinator kicked off its fourth-ever virtual Demo Day today, revealing the first-half of its nearly 400 company batch. The presentation, YC’s biggest yet, offers a snapshot into where innovation is heading, from not-so-simple seaweed to a Clearco for cre

Sanas aims to convert one accent to another in real time for smoother customer service calls

In the customer service industry, your accent dictates many aspects of your job. It shouldn’t be the case that there’s a “better” or “worse” accent, but in today’s global economy (though who knows about tomorrow’

Here are all the companies from Y Combinator’s Summer 2021 Demo Day, Part 1

Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a team here at TechCrunch just to cover it all. But before w

Tribe and Arkam back Jar app to help millions in India start their savings journey

Even as hundreds of millions of people in India have a bank account, only a tiny fraction of this population invests in any financial instrument. Fewer than 30 million people invest in mutual funds or stocks, for instance. In recent years, a handful of startu

Olsam raises $165M to buy up and scale consumer and B2B Amazon Marketplace sellers

On the heels of Heroes announcing a $200 million raise earlier today, to double down on buying and scaling third-party Amazon Marketplace sellers, another startup out of London aiming to do the same is announcing some significant funding of its own. Olsam, a

Daily Crunch: Databricks reaches $38B billion valuation with $1.6B Series H

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B

The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses.

Cheeterz Club wants to make reading glasses hip

Can reading glasses actually be cool? A new eyewear company called Cheeterz Club thinks so. The startup is working to change the perception of reading glasses from being just cheap, disposable items you pick up from a rotating display rack at your local drug

LinkedIn is scrapping its Stories feature to work on short-form video

What do LinkedIn and Twitter have in common? They both introduced ephemeral story features that were pretty fleeting. LinkedIn announced today that it will suspend its Stories feature on September 30 and begin working on a different way to add short-form vide

CryptoPunks creator inks representation deal with major Hollywood talent agency

One of Hollywood’s biggest talent agencies is getting into the NFT game. Larva Labs, the creator of CryptoPunks, just signed with United Talent Agency (UTA) in a representation deal that will bring one of the earliest and most iconic NFT projects into t

A popular smart home security system can be remotely disarmed, researchers say

A cybersecurity company says a popular smart home security system has a pair of vulnerabilities that can be exploited to disarm the system altogether. Rapid7 found the vulnerabilities in the Fortress S03, a home security system that relies on Wi-Fi to connec

Tiger Global in talks to make Apna India’s fastest unicorn

Apna, a 21-month-old startup that is helping millions of blue and gray-collar workers in India upskill themselves, find communities and land jobs, is inching closer to becoming the fastest tech firm in the world’s second largest internet market to becom

Challenger bank Bunq rolls out Spanish IBANs

Amsterdam-based challenger bank Bunq is updating its service with a handful of new features. In addition to Dutch, German and French bank account numbers, existing and new users in Spain can now get a Spanish IBAN. European IBANs are supposed to work across E

Whoop raises another $200M for its athlete-focused fitness wearable

Founded in 2012, Whoop is far from a household name in the world of fitness trackers. But over the years, the company has attracted its share of converts. It hasn’t had any issue attracting venture capital over the years, either. Last time we checked in on

UK-based Heroes raises $200M to buy up more Amazon merchants for its roll-up play

Heroes, one of the new wave of startups aiming to build big e-commerce businesses by buying up smaller third-party merchants on Amazon’s Marketplace, has raised another big round of funding to double down on that strategy. The London startup has picked

6 tips for establishing your startup’s global supply chain

A global supply chain is, well, global. Each region, supplier and subcontractor in your chain needs to work in harmony with each other, because a single snag can ruin the whole process.

Extra Crunch roundup: Toast and Freshbook S-1s, pre-pitch tips, flexible funding lessons

The digital transformation currently sweeping society has likely reached your favorite local restaurant. Since 2013, Boston-based Toast has offered bars and eateries a software platform that lets them manage orders, payments and deliveries. Over the last year

Kai-Fu Lee and Chen Qiufan will share their vision of our AI-powered future at Disrupt

We’ve had visionary investors onstage before, and we’ve had science fiction authors onstage — but never at the same time, let alone a pair who collaborated on a unique book of stories and essays that make an optimistic prediction of our AI-infus
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