LottieFiles, a platform for JSON-based Lottie animations, has raised a Series A of $9 million. The round was led by M12, Microsoft’s venture capital arm, with participation from returning investor 500 Startups. Based in San Francisco and Kuala Lumpur, LottieFiles was founded in 2018. The platform includes Lottie creation, editing and testing tools, and a […]
A year ago, Starship Technologies had a couple hundred autonomous bots delivering burritos and pizzas to students on college campuses and residents in a few neighborhoods. The company — with $17 million of new capital in its coffers — has expanded its fleet five-fold since COVID-19 swept through the European and North American markets that […]
Classiq, a Tel Aviv-based startup that aims to make it easier for computer scientists and developers to create quantum algorithms and applications, today announced that it has raised a $10.5 million Series A round led by Team8 Capital and Wing Capital. Entrée Capital, crowdfunding platform OurCrowd and Sumitomo Corporation (through IN Venture) also participated in […]
The pandemic has spelled economic setbacks for many people and industries, but the capital swirling about the technology world continues to roar along. In the latest development, TCV — the storied venture capital firm behind the likes of Airbnb, Spotify, Peloton and Facebook — has closed a record $4 billion for its latest fund. This […]
It’s not every day you see a Latin American startup funded by a U.S. venture capital firm based in the midwest. Playvox, a Colombian startup that wants to bring a positive twist to customer service monitoring announced a $25 million investment from Five Elms Capital, a Kansas City, MO VC firm. It has now raised […]
Datastax, the company best known for commercializing the open-source Apache Cassandra database, is moving beyond databases. As the company announced today, it has acquired Kesque, a cloud messaging service. The Kesque team built its service on top of the Apache Pulsar messaging and streaming project. Datastax has now taken that team’s knowledge in this area […]
After revealing its first fund just last year, a $100 million pool of investment capital dedicated to early stage startups focusing on sustainable food development, clean energy, health innovation and new space technologies, Prime Movers Lab is back with a second fund. Prime Movers Lab Fund II is larger, with $245 million committed, but it […]
People and businesses are relying on the internet to get things done more than ever before, an opportunity but also an infrastructure headache for service providers that need to scale quickly and reliably to meet that demand. Today, a startup that has built a clever, software-based way for them to expand their networks without buying […]
Beauty and wellness appointment booking apps have proliferated of the last few years, but it appears the race is still on as today one of the leaders, Booksy, raises $70 million in a Series C round led by Cat Rock Capital, with participation from Sprints Capital. The round was also joined by OpenOcean, Piton Capital, […]
Lime is adding electric mopeds — painted in the company’s signature green — to its micromobility platform as the startup aims to own the spectrum of inner city travel from jaunts to the corner store to longer distance trips up to five miles. Lime said Wednesday it plans to launch as many as 600 electric […]
Gardin, a ‘deep tech’ hardware and software startup developing optical phenotyping technology and analytics to optimise food production, has raised $1.2 million in pre-seed funding. Leading the round is LDV Capital, with participation from Seedcamp, and MMC Ventures. A number of angel investors are also investing, including Pratima Aiyagari, Gilad Engel, and Abdulaziz Alrashed. Founded […]
French startup Mooncard is partnering with Flying Blue to offer Air France miles to its customers. This is the first time you can earn miles with a payment card in France that isn’t an American Express card. Mooncard provides corporate payment cards to streamline your expenses. Most companies in France don’t use corporate cards. But […]
Joanne Chen just became the second general partner in the history of the now 26-year-old, Silicon Valley venture firm, Foundation Capital. Were she still alive, Foundation’s founder, Kathryn Gould, would undoubtedly cheer the development. Known for her big personality, Gould first met Chen when Chen was an MBA student at the University of Chicago. Gould […]
eFounders is expanding its focus by creating a second startup studio called Logic Founders. This time, Logic Founders is going to focus on fintech startups exclusively. Camille Tyan (pictured above) is going to lead the new studio. Over the past ten years, eFounders has launched dozens of software-as-a-service companies trying to improve the way we […]
Chinese internet giant ByteDance has told employees in India that it is reducing the size of its team in the country after New Delhi retained ban on TikTok and other Chinese apps last week, said a source familiar with the matter and an internal memo obtained by TechCrunch. After the publication of this story, a […]
As Twitter seems to buy its way into competing with Clubhouse and Substack, one wonders whether the beleaguered social media company is finally ready to move past its truly awful track record of seizing opportunities. Twitter’s pace of product ambition has certainly seemed to speed in the past several months, conveniently following shareholder action to […]
Sila Nanotechnologies, a Silicon Valley battery materials company, has spent years developing technology designed to pack more energy into a cell at a lower cost — an end game that has helped it lock in partnerships with Amperex Technology Limited as well as automakers BMW and Daimler. Now, Sila Nano, flush with a fresh injection […]
A popular scheduling startup raises a big funding round, Twitter makes a newsletter acquisition and Beyond Meat teams up with PepsiCo. This is your Daily Crunch for January 26, 2021. The big story: Calendly valued at $3B Calendly, which helps users schedule and confirm meeting times, has raised $350 million from OpenView Venture Partners and […]
When Apple reports its earnings on Wednesday, you can expect mentions of India on the call. Apple shipped more than 1.5 million iPhone units in India in the quarter that ended in December, up 100% year-on-year, making this its best quarter in the world’s largest smartphone market to date, according to research firms Counterpoint and […]
ClassDojo’s first eight years as an edtech consumer startup could look like failure: zero revenue; no paid users; and a team that hasn’t aggressively grown in years. But the company, which helps parents and teachers communicate about students, has raised tens of millions in venture capital from elite Silicon Valley investors including Y Combinator, GSV, […]
