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Mexican unicorn Kavak raises a $485M Series D at a $4B valuation

5 years 6 months ago
Kavak, the Mexican startup that’s disrupted the used car market in Mexico and Argentina, today announced its Series D of $485 million, which now values the company at $4 billion. This round more than triples their previous valuation of $1.15 billion, which established them as a unicorn just a couple of months ago in October […]

Google I/O will return as a virtual event May 18-20

5 years 6 months ago
When the pandemic arrived in the U.S. early last year, companies scrambled to figure out what to do with their long-standing, in-person developer events. For Apple and Microsoft, that meant going virtual — something companies have done with mixed results. For Google, it meant calling off I/O all together. The company canceled the developer conference […]

Facebook’s tardy disclosure of breach timing raises GDPR compliance questions

5 years 6 months ago
The question of whether Facebook will face any regulatory sanction over the latest massive historical platform privacy fail to come to light remains unclear. But the timeline of the incident looks increasingly awkward for the tech giant. While it initially sought to play down the data breach revelations published by Business Insider at the weekend by […]

Nuvocargo raises $12M to digitize the freight logistics industry

5 years 6 months ago
Despite hundreds of billions of dollars’ worth of goods flowing across the U.S.-Mexican border each year, the freight industry has remained analog — each side of the border offering up its own maze of bureaucracy. Nuvocargo, a digital logistics platform for cross-border trade, is trying to modernize the process. The company offers an all-in-one service […]

Black Innovation Alliance, Village Capital team up to support founders of color

5 years 6 months ago
Black Innovation Alliance and Village Capital today announced Resource, a national initiative aimed at boosting the efforts of entrepreneur support organizations (ESOs) led by, and focused on, founders of color. The motivation behind the project is straightforward. ESOs “face record demand, declining resources and are chronically underestimated, underappreciated and underfunded,” the organizations say. Resource aims […]

Streamlit nabs $35M Series B to expand machine learning platform

5 years 6 months ago
As a company founded by data scientists, Streamlit may be in a unique position to develop tooling to help companies build machine learning applications. For starters, it developed an open source project, but today the startup announced an expanded beta of a new commercial offering and $35 million Series B funding. Sequoia led the investment […]

Highlights from Berkeley SkyDeck’s virtual demo day

5 years 6 months ago
With 17 startups participating, Berkeley SkyDeck’s Demo Day isn’t the largest cohort we’ve seen by any stretch. The collection of companies is, however, defined by a wide range of focuses, from pioneering diabetes treatments to retrofitting autonomous trucking, curated by the SkyDeck’s small team and a number of advisors. Founded in 2012, the accelerator is […]

CaptivateIQ raises $46M for its no-code sales commissions platform

5 years 6 months ago
CaptivateIQ, which has developed a no-code platform to help companies design customized sales commission plans, has raised $46 million in a Series B round led by Accel. Existing backers Amity, S28 Capital, Sequoia, and Y Combinator also participated in the financing, which brings the San Francisco-based company’s total raised to $63 million since its 2017 […]

Authentic Artists is building virtual, AI-powered musicians

5 years 6 months ago
Chris McGarry, who previously led music integration at Facebook’s Oculus, is taking a new approach to bringing music into the virtual world with his startup Authentic Artists. McGarry pointed to virtual celebrities like Lil Miquela and virtual concerts like Travis Scott’s giant event in Fortnite as setting the stage for Authentic Artists. In a sense, […]

Saying hello to TechCrunch’s newest podcast: Found

5 years 6 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, the Equity team sat down not with external investors or founders, but with two of our own. Yes, this week, for the first time Natasha and Alex got to break a little internal […]
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