For this Indian edtech bigwig, a little M&A spree isn’t a dangerous thing
Also: Grab, Wiliot, CalmCar, and more startups raised funds. Source link
Elon Musk’s Neuralink backed by Google Ventures, Peter Thiel, Sam Altman
Elon Musk, Founder and Chief Engineer of SpaceX, speaks during the Satellite 2020 Conference in Washington, DC, United States on March 9, 2020.Yasin Ozturk | Anadolu Agency | Getty ImagesElon Musk's brain-machine interface company, Neuralink, has raised $205...
Peter Thiel’s Valar Ventures leads $25m round of Singaporean crypto startup
Vauld has built a platform for lending and trading cryptocurrencies in over 160 countries Source link
High-profile entrepreneurs launch $85 million fund to back Indian SaaS startups – Startups
Four high-profile Indian entrepreneurs who are among those who kickstarted India’s SaaS journey, building and helping startups scale and win customers globally and also backed about 100 such firms, are ready for their next phase of participation in the...
iAngels raises $55 million, anchored by the European Investment Fund, for first institutional fund – Startups
iAngels, the private investment platform founded and helmed by Mor Assia and Shelly Hod Moyal, has today announced the close of its first institutional fund. The firm has raised $55.5 million, which was anchored by the European Investment Fund, which put in $25...
More money chases Indian tech start-ups as investors shun Chinese names
Zomato food delivery partners is seen on a road in Kolkata , India.Debarchan Chatterjee | NurPhoto | Getty ImagesAt a time when investors are selling Chinese technology stocks, more money is chasing Indian start-ups.Shares of food delivery app Zomato soared as...
The DL on CockroachDB – Startups
As college students at Berkeley, Spencer Kimball and Peter Mattis created a successful open-source graphics program, GIMP, which got the attention of Google. The duo ultimately joined Google, and even personally got kudos from Sergey Brin and Larry Page....
The fast and the flexible
Also: Oyo Rooms, Neiwai, GudangAda, and more startups raised funds this week. Source link
Food delivery firm Zomato surges 65% in key India debut – Startups
Shares in Zomato, a Gurgaon-based food delivery company and first of India’s consumer tech startups to go public, closed up 64.7% in its debut day of trading in Mumbai, delivering a key insight into the appetite investors have for the world’s second largest...
Visa to buy UK payments start-up Currencycloud
A Visa debit card.Simon Dawson | Bloomberg | Getty ImagesLONDON — Visa said Thursday it has agreed to buy British payments start-up Currencycloud, in its second major fintech acquisition of 2021.The deal values Currencycloud at £700 million ($962 million), Visa...
European privacy regulators fine Amazon $887M over targeted advertising practices – Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 30, 2021. What a week, my friends. It was packed full of IPOs and earnings and...
Scarlett Johansson sues Disney, says streaming release of ‘Black Widow’ breaches contract – Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 29, 2021. Between the IPO cycle and earnings it has been quite the day. And Nikola’s...
Chamath Palihapitiya backs UK insurance start-up Flock
Venture capitalist Chamath Palihapitiya.Mark Kauzlarich/Bloomberg via Getty ImagesLONDON — On June 3, one of London's hottest days of the year so far, Chamath Palihapitiya, an early Facebook executive turned tech investor, had lunch on the rooftop of The Ned...
Colvin raises €45M Series C led by Eurazeo to disrupt the cosy flowers industry – Venture Capital
Something very interesting is going on with supply chains, and has been for a while. But it’s clear the pandemic has accelerated the trend. Tech startups are once again cutting out the middle man, but this time at the supply chain level. The opportunity is to...
Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina – Venture Capital
HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation from STIC, LB and Mirae Asset Indonesia and Singapore. It also...
One of Nigeria’s high profile angel investors is launching a fund for African startups – Venture Capital
Olumide Soyombo is one of the well-known active angel investors in Nigeria tech startups and Africa at large. Since he began angel investing in 2014, Soyombo has invested in 33 startups, including Stripe-owned Paystack, PiggyVest, and TeamApt. Today, the...
Should we be worried about insurtech valuations? – Venture Capital
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by what the weekday Exchange column digs into, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Hello everyone, I...
Hear Startup Alley companies pitch expert VC judges on the next episode of Extra Crunch Live – Venture Capital
We know how much you love a good startup pitch-off. Who doesn’t? It combines the thrill of live, high-stakes entertainment with learning about the hottest new thing. Plus, you get to hear feedback from some of the smartest folks in the industry, thus learning...
Today’s widespread internet outage ‘not a result of a cyberattack,’ says Akamai – Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for July 22, 2021. Today we have a lot of news for you, but with a notable twist. Normally we...
Tailor Brands raises $50M, aims to be one-stop shop for small businesses to launch – Venture Capital
Tailor Brands, a startup that automates parts of the branding and marketing process for small businesses, announced Thursday it has raised $50 million in Series C funding. GoDaddy led the round as a strategic partner and was joined by OurCrowd and existing...
Entrepreneurs Programme Attracts Robust Startups price US$50m
NEXEA Angels Sdn Bhd (NEXEA), a Malaysia-based start-up investment company launched the Entrepreneurs Programme on 19th May 2020, in collaboration with the Malaysia Digital Economy Corporation (MDEC). It aims to bring together exclusive private groups of CEOs of local...
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...