New York-based construction startup Toggle this morning announced that it has raised an $8 million Series A. The round was led by Tribeca Venture Partners and featured Blackhorn Ventures, Point72 Ventures, New York State and Twenty Seven Ventures. It follows a $3 million seed round raised in late-2019. Robotics in general have been a massively […]
TechCrunch has covered Acceleprise several times over the years, including a look at its mid-2020 accelerator startup batch from its three accelerators. The firm has long focused on business-to-business SaaS startups, helping them get their start in a competitive global software market. As of today, Acceleprise is now Forum Ventures, according to the group’s CEO […]
Orum, which aims to speed up the amount of time it takes to transfer money between banks, announced today it has raised $56 million in a Series B round of funding. Accel and Canapi Ventures co-led the round, which also included participation from existing backers Bain Capital Ventures, Inspired Capital, Homebrew, Acrew, Primary, Clocktower and […]
The world of work has changed massively in the last year, and with it a rush of startups have emerged with new technology and approaches to improve how it is shaped, and specifically how human resources departments do their jobs. In the latest chapter, Visier, a Canadian startup that has built a big-data engine to […]
Gympass, the exercise and corporate wellness unicorn that originated in Brazil, today announced a $220 million Series E. The company has seen tremendous growth in the last few months, as more and more people are vaccinated and flocking back to the gym. Gympass is like ClassPass, but on steroids. However, unlike ClassPass’ BTC model, Gympass […]
The pandemic significantly changed how we do medical research, and now companies are trying to figure out what trends will stay and which ones will go. One that 4G Clinical is hoping will survive the pandemic is a need for speed and flexibility in therapeutics trials. 4G Clinical creates software to run the back-end of […]
I love testing drones. It’s a lot of fun, and a nice way to mix up my standard review cycle. But I’ve altogether given up on testing them around here. Granted, living in Queens, NY presents a unique combination of obstacles, including population density, two major international airports and a prison – but restrictions have […]
The Citizenry announced today that it raised $20 million in Series B funding in partnership with NextWorld Evergreen. A direct-to-consumer home decor retailer, The Citizenry works with artisans from around the world to produce limited-edition runs of handcrafted, hand-numbered home goods. In October, The Citizenry opened its first brick-and-mortar store in New York City, and […]
SpaceX’s upcoming Starship orbital test flight could end up being a veritable smorgasbord of its technological capabilities, as the company has filed with the Federal Communications Commission (FCC) to request approval to fly Starlink terminals on the spacecraft in order to “demonstrate high data rate communications” between the new launch system and the ground throughout […]
Connected vehicle data startup Wejo has announced partnerships with Microsoft, Palantir and Sompo Holdings to improve its ability to collect, store and analyze data from millions of connected vehicles around the world. This follows the GM-backed startup’s announcement that it would be going public by merging with a special purpose acquisition company, Virtuoso Acquisition Corp., […]
JFrog, the company best known for a platform that helps developers continuously manage software delivery and updates, is making a deal to help it expand its presence and expertise in an area that has become increasingly connected to DevOps: security. The company is acquiring Vdoo, which has built an AI-based platform that can be used […]
2U, a SaaS platform that helps non-profits and colleges run online universities, plans to acquire all the assets of Harvard and MIT-founded edX for a deal north of $600 million, according to multiple sources. 2U did not immediately respond to requests for comment, and its unclear if this is an all-cash deal. The combined forces […]
Google today is launching a new suite of resources for people struggling with food insecurity across the U.S. The project includes the launch of a new website, “Find Food Support,” that connects people to food support resources, including hotlines, SNAP information, and a Google Maps locator tool that points people to their local food banks, […]
Accel announced Tuesday the close of three new funds totaling $3.05 billion, money that it will be using to back early-stage startups, as well as growth rounds for more mature companies. Notably, the 38-year-old Silicon Valley-based venture firm is doubling down on global investing. The announcement underscores both the robust confidence investors continue to have […]
10club, a six-month-old Indian startup that is building a Thrasio-like venture, said on Tuesday it has raised $40 million in what is one of the largest seed financing rounds in the South Asian market. The round was co-led by Fireside Ventures (a prominent Indian investor in consumer and hardware tech space) and an unnamed global […]
E-commerce saw a massive surge of activity and growth in 2020; and while we may hear a lot about how big companies like Amazon got even bigger during the Covid-19 pandemic, that rising tide also lifted a lot of smaller boats. And that, in turn, has had a big impact on the wider e-commerce ecosystem. […]
The share of exports from Africa to the rest of the world ranged from 80% to 90% between 2000 and 2017. This has created a growing demand for Africa to be less dependent on commodity exports and focus on regional commerce. Not only does this decrease export dependence, but it also forms new markets for […]
Family offices have existed since the 1800s, but they’ve never been so manifold as in recent years. According to a 2019 Global Family Office Report by UBS and Campden Wealth, 68% of the 360 family offices surveyed were founded in 2000 or later. Their rise owes to numerous factors, including the tech startups that mint […]
Duolingo, a Pittsburgh-based language learning business last valued at $2.4 billion, has officially filed to go public. The 400-person company, which we explored in great detail in our EC-1, was co-founded by Luis von Ahn, the inventor of CAPTCHA and reCAPTCHA, and Severin Hacker. One of the most revealing bits of its story? It’s a […]
