Aircall raises $65 million for its cloud-based cellphone system – Startups
Aircall has raised a $65 million Collection C spherical (€60.2 million) with DTCP main the spherical, Adam Road taking part and current buyers eFounders, Draper Esprit, Balderton and NextWorld injecting more cash within the firm. General, Aircall has raised...
Cathay Innovation’s first funding in Germany is healthcare startup Medwing – Startups
Medwing, a German startup with an ambition to sort out Europe’s scarcity of healthcare staff, stated on Tuesday that it has secured €28 million ($30 million) in a Collection B financing spherical. International enterprise capital agency Cathay Innovation led...
Work collaboration unicorn Notion is blocked in China – Startups
Notion, the fast-growing work collaboration software that lately hit a $2 billion valuation, said on Twitter Monday that its service is blocked in China. The productiveness app has attracted waves of startups and tech staff world wide — together with these in...
JioMart, the e-commerce enterprise from India’s richest man, launches in further cities – Startups
The rationale behind the deluge of {dollars} flooding into billionaire Mukesh Ambani’s Reliance Jio Platforms is starting to develop into extra clear as his e-commerce enterprise JioMart begins rolling out to extra individuals throughout India. An e-commerce...
What the hell, SaaS valuations? – Startups
SaaS shares are at it once more, and I feel I’ve acquired it figured it out. Extra exactly I feel I’ve found out what different folks suppose is occurring. After rigorous fact-checking by each studying tweets, making VCs discuss to me on the telephone, and...
Digital occasions startup Run The World simply nabbed $10.eight million from a16z and Founders Fund – Startups
Run The World, a year-old startup that’s primarily based in Mountain View, Calif., and has small groups each in China and Taiwan, simply nabbed $10.eight million in Sequence A funding co-led by earlier backer Andreessen Horowitz and new backer Founders Fund....
Mapbox and SoftBank type three way partnership to offer mapping tech to Japanese builders – Startups
SoftBank Corp. and Mapbox, the mapping knowledge firm that competes with Google and Right here, introduced that they've established a three way partnership known as Mapbox Japan. The JV will present Mapbox’s mapping platform, together with APIs and knowledge...
Tier brings built-in helmets to electrical scooters – Startups
European mobility operator Tier has turn out to be the primary main electrical scooter firm to combine helmets into automobiles. The foldable helmets match inside a field hooked up to the scooter beneath the handlebars. This month, Tier plans to deploy 200...
36M Individuals have filed for unemployment, however (some) tech companies are nonetheless hiring – Startups
Final week, U.S. unemployment claims hit 36 million over a two-month interval. The outcomes of pandemic-led closures have been devastating to innumerable industries, because the timeline to reopen stays unsure in lots of areas. Certainly noted in a current...
Fitbit’s Chinese language rival Amazfit mulls a clear, self-disinfecting masks – Startups
The COVID-19 pandemic has ushered in a wave of Chinese language firms with manufacturing operations to supply virus-fighting gear: Shenzhen-based electrical car big BYD shortly moved to launch what it claims to be the world’s largest mask plant; Hangzhou-based...
Zipline begins US medical supply with UAV program honed in Africa – Enterprise Capital
Drones are being deployed within the battle to curb COVID-19 within the U.S. Novant Health and California based mostly UAV supply startup Zipline have launched distribution of non-public protecting gear and medical tools in North Carolina. Novant is a...
Hertz recordsdata for chapter, hailing “self-driving” scooters, Memorial Day journey – Enterprise Capital
The Station is a weekly publication devoted to all issues transportation. Enroll right here — simply click on The Station — to obtain it each Saturday in your inbox. Hello and welcome again to The Station. Memorial Day is that this coming Monday, a vacation...
A blow to US-listed Chinese language corporations and TikTok’s new international face – Enterprise Capital
Whats up and welcome again to TechCrunch’s China Roundup, a digest of current occasions shaping the Chinese language tech panorama and what they imply to folks in the remainder of the world. It’s been a tumultuous week for Chinese language tech corporations...
SoftBank portfolio outcomes present which tech sectors are nonetheless thriving – Enterprise Capital
Editor’s observe: Need this in your inbox each Saturday morning? Click on right here to subscribe to Startups Weekly and all the opposite nice TechCrunch newsletters. Bear in mind when the highest buyers and firms in tech had been reacting to SoftBank’s each...
Steve Case and Clara Sieg on how the COVID-19 disaster differs from the dot-com bust – Enterprise Capital
Steve Case and Clara Sieg of Revolution not too long ago spoke on TechCrunch’s new collection, Additional Crunch Reside. All through the hour-long chat, we touched on quite a few topics, together with how various founders can take benefit throughout this...
PathSpot sells a scanner that truth checks your handwashing efficacy – Enterprise Capital
The novel coronavirus illness has reminded hundreds of thousands that handwashing is an effective way to keep away from preventable ailments. Christine Schindler, the CEO and co-founder of PathSpot, has been making ready for the previous three months for the...
Automattic pumps $4.6M into New Vector to assist develop Matrix, an open, decentralized comms ecosystem – Enterprise Capital
Automattic, the open supply drive behind WordPress .com, WooCommerce, Longreads, Simplenote and Tumblr, has made a $4.6M strategic funding into New Vector — the creators of an open, decentralized communications normal referred to as Matrix. In addition they...
Kenya’s Apollo Agriculture raises $6M Sequence A led by Anthemis – Enterprise Capital
Apollo Agriculture believes it might probably attain income by serving to Kenya’s smallholder farmers maximize theirs. That’s the mission of the Nairobi primarily based startup that raised $6 million in Sequence A funding led by Anthemis. Based in 2016, Apollo...
Name for EU state assist guidelines to flex for startups – Enterprise Capital
European startups are calling for extra flexibility in EU state assist guidelines to permit nationwide governments to supply liquidity for the area’s fledgling digital companies through the COVID-19 disaster. In a joint letter addressed to Fee EVP Margrethe...
The Nice Reset – Enterprise Capital
Ann Miura-Ko is a co-founding companion at Floodgate, a seed-stage VC agency. A repeat member of the Forbes Midas Checklist and the New York Occasions High 20 Enterprise Capitalists Worldwide, she earned a PhD in math modeling of cybersecurity at Stanford...
India’s Zomato to chop 13% of workers
The meals supply startup's CEO and founder Deepinder Goyal additionally proposed a short lived pay minimize for all the firm. Source link
Luxurious consignment retailer The RealReal lays off 10% of workforce, furloughs 15% – TechCrunch
On-line consignment firm The RealReal is the newest tech firm to put off and furlough staff amid the COVID-19 pandemic. Within the firm’s quarterly earnings report immediately, The RealReal introduced layoffs affecting 10% of its workforce and furloughs...
Ooni’s Koda 16 pizza oven is the uncommon kitchen gadget that delivers on its promise – TechCrunch
Ooni (nee Uuni), has been round for a couple of years now, however its newest oven, the Koda 16, launched in March. Identical to everybody else, I’ve been cooped up at dwelling for weeks with nothing however the entire tasks I'd get round to at some point. On...
Payments company 2C2P launches VC arm
The new entity, called 2C2P.VC, will focus on fintech opportunities across Southeast Asia. Source link
(Up to date) 2C2P units up VC arm to make strategic funding in funds corporations in Southeast Asia
(This text has been up to date with new particulars from 2C2P) Singapore- and Bangkok-headquartered funds processing firm 2C2P has established a VC arm to make strategic investments in funds and associated sectors. With the launch of 2C2P.VC, the fintech firm...