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Colombian on-demand delivery startup Rappi raises 'over' $500M at a $5.25B valuation
Jul 19, 3:37PM
Rappi, a Colombian on-demand delivery startup, has raised "over" $500 million at a $5.25 billion valuation in a Series G round led by T. Rowe Price, the company announced late Friday. Baillie Gifford, Third Point, Octahedron, GIC SoftBank, DST Global, Y Combinator, Andreessen Horowitz and Sequoia Capital and others also participated in the round. The […]
LeagueApps raises $15M to be the 'operating system' for youth sports organizations
Jul 19, 3:27PM
Youth sports are an integral part of our communities, bringing families together and helping kids all over gain confidence and skills. Most of us don't think about all the work that goes into setting up, growing and maintaining these leagues. It's a lot. Today, LeagueApps, which aims to be the operating system for youth sports […]
The Station: Aurora SPACs, a spin on the VanMoof X3 and a chat with Outdoorsy founders
Jul 19, 3:12PM
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Before […]
Dover raises $20M to bring the concept of 'orchestration' to recruitment
Jul 19, 3:01PM
Despite being one of the earliest adopters of using the world wide web to disrupt how its business is done and connect with more potential customers, the recruitment industry ironically remains one of the more fragmented and behind the times when it comes to using new, cloud based services to work more efficiently. A new […]
AngelList Venture's Avlok Kohli on rolling funds and the busy state of VC
Jul 19, 2:49PM
The CEO joined us last week at a TechCrunch Early Stage event to share all kinds of insight, from the state of the market to his thoughts on why there's suddenly so much money flooding into VC.
Robinhood targets IPO valuation up to $35B amid warning that crypto incomes are slipping
Jul 19, 2:48PM
Robinhood's huge valuation indicates that its ascent in the last 18 months from breakout unicorn to category-defining upstart is about to be embraced by the public market.
Breakr raises $4.2M to connect influencers with emerging musicians
Jul 19, 2:00PM
Music app Breakr this week announced a $4.2 million seed round, led by Slow Ventures. The latest raise follows $700,000 in funding led by Andreessen Horowitz's TxO fund – a round the people behind the service considered a sort of proof of concept as they worked to get the idea off the ground. It's clear […]
Recapped lands $6 million for collaborative sales software that gets the customer in the mix
Jul 19, 1:56PM
Recapped, a startup building collaborative sales software, announced the close of a $6.3 million seed round today. The deal was led by Charles River Ventures. Entrepreneurs Roundtable Accelerator, CoFound, AirAngels, Prime Set, Twenty5Twenty, Peter Kazanjy, Alan Chunk and other angels also participated in the round. Recapped was founded by Mark Fershteyn and Ujwal Battar. Fershteyn […]
JLL, Khosla lead Jones' $12.5M Series A for real estate vendor compliance
Jul 19, 1:30PM
The New York-based commercial real estate startup is curating a marketplace of pre-approved vendors for tenants and property managers to find and hire the people they need in a compliant way.
Equity Monday: Zoom buys Five9 as Robinhood sets IPO price range
Jul 19, 1:27PM
Hello and welcome back to Equity, TechCrunch's venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Kdan Mobile gets $16M Series B for its cloud-based content and productivity tools
Jul 19, 1:00PM
Kdan Mobile, a company that provides a wide range of cloud-based software, including AI-based tech for organizing documents, has raised a $16 million Series B. The round was led by South Korea-based Dattoz Partners, which will also take a seat on Kdan Mobile, and included participation from WI Harper Group, Taiwania Capital and Golden Asia […]
US blames China for Exchange server hacks and ransomware attacks
Jul 19, 12:48PM
The Biden administration and its allies has formally accused China of the mass-hacking of Microsoft Exchange servers earlier this year, which prompted the FBI to intervene as concerns rose that the hacks could lead to widespread destruction. The mass-hacking campaign targeted Microsoft Exchange email servers with four previously undiscovered vulnerabilities that allowed the hackers — […]
Go1 raises $200M at a $1B+ valuation to boost its curated enterprise learning platform
Jul 19, 12:43PM
Online learning continues to see a huge boost of attention and use in the wake of the Covid-19 pandemic, and today a startup building tools specifically for enterprises to deliver on their internal education remits is announcing a big round of funding that points to the startup’s own growth and ambitions. Go1, which provides curated […]
Rise Gardens grows with $9M Series A to help anyone be an indoor farmer
Jul 19, 12:00PM
As more consumers embrace plant-based diets and sustainable food practices, Rise Gardens is giving anyone the ability to have a green thumb from the comfort of their own home.
How one founder pivoted a startup designed for in-person interaction in light of the pandemic
Jul 19, 11:35AM
When Ashley Sumner designed and launched Quilt, it was meant to be a response to digital social networking, preferring creating authentic in-person interactions between people who didn’t necessarily know each other before. The app would match members for in-person conversations and informal meetups in their own homes — but when COVID-19 arrived, the fundamentals of […]
Carlyle to acquire live broadcasting and streaming tech outfit LiveU for over $400M, say sources
Jul 19, 11:28AM
Streaming is the name of the content game these days, and now one of the companies that builds tech to do this from anywhere in the world is getting acquired. LiveU — whose satellite/cellular hardware and software for capturing and delivering live streaming and broadcasting video is used by over 3,000 large media organizations — […]
India's GlobalBees raises $150 million to build Thrasio-like house of brands
Jul 19, 9:32AM
The universe of Indian firms attempting to replicate Thrasio's success in the world's second largest internet market just got bigger. Three-month-old GlobalBees said on Monday it has raised $150 million in a Series A financing round led by FirstCry. Lightspeed Venture Partners also invested in the new financing round, which is $75 million in equity […]
Nigerian investment platform Chaka secures $1.5M pre-seed after bagging country's first SEC license
Jul 19, 8:58AM
When Robinhood raised its $3 million seed round in 2013, it was a couple of months old with huge ambitions of democratizing securities access to the underserved and unserved. Robinhood has since taken the world by storm and grown to serve more than 30 million users with its zero-commission trading. In the past, we’ve seen […]
Blackstone acquires majority stake in Simplilearn for $250 million
Jul 19, 7:13AM
Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million. Simplilearn operates an eponymous online bootcamp to help people learn data science, AI, machine learning, cloud computing and other skills that are in demand in the market. The startup has partnerships with several universities and colleges including IIT […]
Lenskart valued at $2.5 billion following $220 million investment from Temasek and Falcon Edge Capital
Jul 19, 4:43AM
Temasek and Falcon Edge Capital have led a $220 million investment in Indian omni-channel eyewear retailer Lenskart, valuing the Bangalore-based startup at $2.5 billion. The new investment, which includes primary and secondary transactions, is part of a new round Lenskart unveiled a month ago when it raised $95 million from global investment fund KKR. Bay […]
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