RSS Startups – TechCrunch

  • Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million February 21, 2020
    Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain of hotels in Colombia and […]
    Jonathan Shieber
  • Outdoor Voices founder Tyler Haney is stepping down as CEO as growth slows February 21, 2020
    Tyler Haney, the founder and chief executive of activewear label Outdoor Voices, has stepped down, the company confirmed for us this afternoon. The Business of Fashion, which first reported the news, said the transition follows a previously unreported capital injection from Outdoor Voices’ investors at a lower valuation than previous rounds. It says the company […]
    Connie Loizos
  • Do AI startups have worse economics than SaaS shops? February 21, 2020
    A few days ago, Andreessen Horowitz’s Martin Casado and Matt Bornstein published an interesting piece digging into the world of artificial intelligence (AI) startups, and, more specifically, how those companies perform as businesses. Core to the argument presented is that while founders and investors are wagering “that AI businesses will resemble traditional software companies,” the […]
    Alex Wilhelm
  • DSP Concepts raises $14.5M for its Audio Weaver platform February 21, 2020
    DSP Concepts — a startup whose Audio Weaver software is used by companies as varied as Tesla, Porsche, GoPro and Braun Audio — is announcing that it has raised $14.5 million in Series B funding. The startup goal, as explained to me by CEO Chin Beckmann and CTO Paul Beckmann (yep, they’re a husband-and-wife founding […]
    Anthony Ha
  • Equity is not always the answer February 21, 2020
    This week was a fun combination of early-stage and late-stage news, with companies as young as seed stage and as old as PE-worthy joining our list of topics.
    Alex Wilhelm
  • Where top VCs are investing in manufacturing and warehouse robotics February 21, 2020
    Robotics and automation tools are now foundational parts of warehouses and manufacturing facilities around the world. Unlike many other robotics and AI use cases, the technology has moved well beyond the theoretical into practice and is used by small suppliers and large companies like Amazon and Walmart. There’s no doubt that automation will transform every […]
    Arman Tabatabai
  • Volocopter extends Series C funding to $94M with backing from logistics giant DB Schenker and others February 21, 2020
    Autonomous air mobility company Volocopter has added to the Series C funding round it announced in September 2019. The German electric vertical take-off and landing (eVTOL) aircraft maker announced €50 million ($54 million at today’s exchange rate) in funding at the time, and the C round has now grown to €87 million ($94 million) thanks […]
    Darrell Etherington
  • Tier Mobility, the European e-scooter rentals startup, adds another ~$40M to its Series B February 21, 2020
    Tier, the European e-scooter rentals startup that operates in 55 cities across 11 countries, has topped up its funding for the second time in four months. The Berlin-based company has extended its Series B round to over $100 million, up from $60 million disclosed in October. The additional capital is a mix of equity and […]
    Steve O'Hear
  • EV fleet management gets another venture-backed contender as Electriphi raises $3.5 million February 21, 2020
    Electriphi, a provider of charging management and fleet monitoring software for electric vehicles, has joined the scrum of startups looking to provide services to the growing number of electric vehicle fleets in the U.S. The San Francisco-based company has just raised $3.5 million in seed funding from investors, including Wireframe Ventures, the Urban Innovation Fund […]
    Jonathan Shieber
  • At Tock, this restaurant group owner and former trader is building a Spotify for reservations February 21, 2020
    Tock, a six-year-old, Chicago-based culinary reservation service, has never had the kind of brand-recognition that other companies in the space have enjoyed, from publicly traded OpenTable to Resy, the New York-based company that was founded in 2014 and acquired last year for undisclosed terms by American Express. That’s because Tock has relatively quietly been supporting […]
    Connie Loizos
  • Here’s our pick of the top six startups from Pause Fest February 21, 2020
    We’ve been dropping into the Australian startup scene increasingly over the years as the ecosystem has been building at an increasingly faster pace, most notably at our own TechCrunch Battlefield Australia in 2017. Further evidence that the scene is growing has come recently in the shape of the Pause Fest conference in Melbourne. This event […]
    Mike Butcher
  • How much should a startup spend on security? February 21, 2020
    One of the questions I frequently ask startup founders is how much they’re spending on security. Unsurprisingly, everyone has a different answer. Startups and small companies are invariably faced with the prospect that they’re either not spending enough or are spending too much on something that’s hard to quantify in terms of value. It’s a […]
    Zack Whittaker
  • Network with CrunchMatch at TC Sessions: Mobility 2020 February 20, 2020
    Got your sights set on attending TC Sessions: Mobility 2020 on May 14 in San Jose? Spend the day with 1,000 or more like-minded founders, makers and leaders across the startup ecosystem. It’s a day-long deep dive dedicated to current and evolving mobility and transportation tech. Think autonomous vehicles, micromobility, AI-based mobility applications, battery tech […]
    Emma Comeau
  • SpaceX alumni are helping build LA’s startup ecosystem February 20, 2020
    During the days when Snapchat’s popularity was booming, investors thought the company would become the anchor for a new Los Angeles technology scene. Snapchat, they hoped, would spin-off entrepreneurs and angel investors who would reinvest in the local ecosystem and create new companies that would in turn foster more wealth, establishing LA as a hub […]
    Jonathan Shieber
  • Shogun raises $10M to help e-commerce brands build faster websites February 20, 2020
    Amazon may have a market cap of more than $1 trillion, but Finbarr Taylor, CEO of Y Combinator-backed startup Shogun, said the e-commerce giant is “kind of dropping the ball.” Specifically, he argued that the experience of shopping on Amazon — not what happens after you buy something, but browsing the website itself — is pretty […]
    Anthony Ha
  • The rise of the winged pink unicorn February 20, 2020
    Female-founded and female co-founded companies are over-indexing for unicorn status despite a lack of investment dollars.
    Walter Thompson
  • Leanplum raises another $27M, shakes up its executive ranks February 20, 2020
    Customer engagement platform Leanplum today announced that it has raised a $27 million extension to its 2017 $47 million Series D round. This additional funding was led by previous investors Norwest Venture Partners and Shasta Ventures. Kleiner Perkins, Canaan and Launchub also participated in this round, which the company says it will use to bolster […]
    Frederic Lardinois
  • As Morgan Stanley buys E-Trade, Robinhood preps social trading February 20, 2020
    Before it was worth $7.6 billion, the original idea for Robinhood was a stock-trading social network. At my kitchen table in San Francisco in 2013, the founders envisioned an app for sharing hot tips to a feed complete with a leaderboard of whose predictions were most accurate. Once they had SEC approval, they pivoted toward […]
    Josh Constine
  • ChartHop grabs $5M seed led by a16z to automate the org chart February 20, 2020
    ChartHop, a startup that aims to modernize and automate the organizational chart, announced a $5 million seed investment today led by Andreessen Horowitz. A big crowd of other investors also participated including Abstract Ventures, the a16z Cultural Leadership Fund, CoFound, Cowboy Ventures, Flybridge Capital, Shrug Capital, Work Life Ventures and a number of unnamed individual […]
    Ron Miller
  • A group of ex-NSA and Amazon engineers are building a ‘GitHub for data’ February 20, 2020
    Six months ago or thereabouts, a group of engineers and developers with backgrounds from the National Security Agency, Google and Amazon Web Services had an idea. Data is valuable for helping developers and engineers to build new features and better innovate. But that data is often highly sensitive and out of reach, kept under lock […]
    Zack Whittaker