TechCrunch Startup News

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First EV mass transit bus b...

01.19.2022

The first electric bus by Swedish-Kenyan EV startup, Opibus, has hit Kenya’s roads marking the beginning of the company’s venture into the mass transit industry. Opibus first announced plans to roll out electric public transport buses last year when it ...

TechCrunch Startup News episodes:

01.19.2022 First EV mass transit bus by Swedish-Kenyan startup Opibus begins operation amidst plans for regional launch by 2023 The first electric bus by Swedish-Kenyan EV startup, Opibus, has hit Kenya’s roads marking the beginning of the company’s venture into the mass transit industry. Opibus first announced plans to roll out electric public transport buses last year when it ...
01.19.2022 Space startup Wyvern raises $4.5M and joins YC’s latest cohort A Canadian startup working at the cutting edge of satellite imaging has raised $4.5 million across a combination of a $2.25 million seed round, and $2.25 million from a combined pre-seed and government funding.
01.18.2022 Spendesk is the fifth French startup to reach unicorn status this month Fintech startup Spendesk is announcing that it has raised an extension to its Series C round. Tiger Global is investing $114 million (€100 million) in the startup.
01.18.2022 Warehouse robotics system Exotec raises $335 million French startup Exotec has raised a $335 million Series D round in a new round of funding led by Goldman Sachs’ Growth Equity business. Following today’s investment, the company has reached a valuation of $2 billion.
01.17.2022 Juro draws $23M into its browser-based contract automation platform London-based legaltech startup Juro has grabbed $23 million in Series B funding for its browser-based contract automation platform. In total the startup has raised $31.5M since being founded back in 2016.
01.17.2022 Payment orchestration platform Gr4vy pulls in another $15M in a Series A extension Retailers often build their own “orchestration” platforms for payment processing and routing, but these can be complex to maintain.
01.14.2022 Meet Paysail, the startup making B2B payments faster using crypto Companies use invoices to pay for many of their major costs, ranging from materials to contract work.
01.14.2022 Tiger Global backs Accrue Savings’ ‘save now, pay later’ approach to consumer purchases When the consumer opens an account and hits savings milestones for products they want to buy from their favorite brands, they can receive cash contributions from the brands.
01.13.2022 Shield bags $15M Series A to address surging demand for its AI-powered communication compliance platform Over the past two years, since the pandemic hit, there has been a sharp rise in financial crime compliance costs, nearing $50 billion in 2021, up 58% compared to 2019, in the U.S. and Canada.
01.13.2022 Assemble scores $5M seed to bring order and equity to compensation Every company has to decide what to pay their employees and track that compensation in some way, often in spreadsheets and across disparate payroll, finance and HR systems.
01.12.2022 Headspace Health acquires AI-powered mental health and wellness company Sayana Headspace Health has acquired Sayana, an AI-powered mental health and wellness company, for an undisclosed amount. Headspace Health says the acquisition of the San Francisco-based company will expand its ability to provide personalized self-care to its users.
01.12.2022 Flush with new capital, Foxtrot’s ‘convenience store of the future’ is coming to a location near you Foxtrot is reimagining the convenience store experience by seeking out the best food items by local artisans along with its core offerings of coffee, ready-to-eat cafe meals and wine.
01.11.2022 Arcade launches ‘try before you buy’ demo capabilities with $2.5M in new capital The company's technology makes it easier for companies to create demonstration videos, called “arcades,” that walk people through how their tools work.
01.11.2022 Career Karma lands $40M to evolve into an edtech employee benefit Career Karma raised its first millions off of a pitch that resonates with anyone who has ever googled coding bootcamps: a navigation tool for aspiring students and working professionals.
01.10.2022 Parrot, a tool for digitizing Mexico’s restaurants, takes in $9.5M ParrotConnect is a point-of-sale software for restaurants enabling them to digitize and take advantage of the home delivery boom to accelerate growth.
01.10.2022 FanDuel founder and Sequoia bet on Spanish-language fantasy sports app Draftea Founder Alán Jaime Misrahi grew up devoted to soccer, eventually playing in Mexico’s third division. While he didn’t necessarily make it to the “big leagues” playing the sport, his new company Draftea aims to win over the 350 million sports ...
01.07.2022 Startups at CES showed that age-tech can help everyone Age-tech startups at this year’s CES demonstrated the potential breadth of the sector. If tech can help an older person live more comfortably, it can also help out a lot of other people.
01.07.2022 Zuddl raises $13M for its simple but powerful virtual events platform Will the world ever go back to big in-person events? Of course. Eventually. CES already moved in that direction this year, for better or worse.
01.06.2022 Doosan announces $33.7M raise, as it introduces a robotic camera system at CES Doosan Robotics this week announced $33.7 million in funding, led Praxis Capital Partners and Korea Investment Partners. The fundraising news arrives as the Seoul-based company shows off its wares at CES in Las Vegas.
01.06.2022 Doosan announces $33.7M raise, as it introduces a robotic camera system at CES Doosan Robotics this week announced $33.7 million in funding, led Praxis Capital Partners and Korea Investment Partners. The fundraising news arrives as the Seoul-based company shows off its wares at CES in Las Vegas.
01.06.2022 New pet tech at CES treats dogs and cats like the complex beings they are There’s always fun tech for pet owners at CES, and 2022 is no different.
01.05.2022 DriveU.auto to power remote piloting of EasyMile’s autonomous shuttles, Coco’s sidewalk robots Autonomous shuttle company EasyMile and sidewalk robot delivery startup Coco are integrating DriveU.auto’s teleoperation and connectivity platform into their operations, DriveU.auto, an Israeli startup that came out of stealth last year, they announced at CES.
01.05.2022 Refinery Ventures’ second fund aimed at getting startups to Series A Refinery focuses on “early scale” companies, a term the firm uses to describe companies that secured a seed, but need that “oomph” to get it to Series A.
01.04.2022 Smart contact lens startup Mojo Vision partners with Adidas and other sports brands For the past few years, Mojo Vision has had a small presence at CES, offering up glimpses into the potential of its augmented reality contact lenses. Every year, the picture seems a little closer, if still far away.
01.04.2022 Smarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia Organizing information from providers, insurers and patients not only takes a lot of time, but increases private healthcare costs.
01.03.2022 AIMMO bags $12M Series A to advance data labeling technology Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and ...
01.03.2022 Southeast Asian startups to watch in 2022 As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!”
12.31.2021 Voyant raises $15M to scale production of its tiny, inexpensive lidar tech The future of lidar is uncertain unless, as Voyant hopes to do, its price and size are reduced to fractions of their current values.
12.30.2021 Tech-led biofuel startup Koko Networks launches new consumer goods business in Kenya Koko Networks, a Kenya-based bio-fuel technology enterprise has extended its business to cover other fast-moving consumer goods, through a new tech platform that will capitalize on its established distribution networks in low-income neighborhoods.
12.30.2021 TuSimple completes its first driverless autonomous truck run on public roads Autonomous trucking startup TuSimple has completed its first autonomous truck run on open public roads without a human in the vehicle, according to the company.
12.29.2021 India’s GlobalBees joins unicorn club for its Thrasio-like house of brands GlobalBees, which raised one of the largest Series A financing rounds in India earlier this year, has entered the unicorn club as the New Delhi-headquartered firm scales its Thrasio-like house of brands.
12.29.2021 Nigerian edtech startup Teesas secures $1.6 million in pre-seed round, to launch tutor marketplace, expand in East, Southern, Francophone Africa in 2022 After seven years in the production of electronic gadgets, under his company Imose Technologies, Osayi Izedonmwen took leave to explore an idea that he had toyed with for some time.
12.28.2021 Indian neobank Jupiter raises $86 million to launch lending and wealth management services Industry veteran Jitendra Gupta’s consumer-focused neobank Jupiter has raised about $86 million in a new financing round as the Bangalore-based startup gears up to offer its customers lending and wealth management services.
12.27.2021 Automation Anywhere expands into process discovery with FortressIQ acquisition Automation Anywhere, which is best known for its robotic process automation (RPA) software, plans to expand the platform. This morning, the company announced that it intends to acquire process discovery startup FortressIQ.
12.27.2021 Skio raises $3.7M to help brands on Shopify sell subscriptions Skio, a startup that aims to take the pain out of selling subscriptions for brands on Shopify, has raised $3.7 million in a seed funding round. Kennan Davison, an engineer who previously worked at Hulu and Pinterest, founded the startup ...
12.24.2021 With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient Brazilian construction tech startup Ambar announced it has raised a large Series C round of R$204 million, approximately $36 million, to boost the digitization arm of its business.
12.23.2021 TikTok rival Triller to go public via merger with SeaChange International Short video app Triller is set to go public via a reverse merger with video-tech company SeaChange International, the two companies announced on Wednesday. The combined entity will be valued at approximately $5 billion.
12.22.2021 Ampla raises $40M Series A for its business of providing credit to commerce brands Ampla Technologies, a startup which provides financing to small-to-medium sized consumer-facing businesses, announced today it has raised $40 million in a Series A round of funding co-led by VMG Partners and Forerunner Ventures.
12.22.2021 Airtable acqui-hires Walrus.ai’s founding team Airtable today announced that it quietly acquired Walrus.ai, a no-code software testing platform, earlier this year. ‘Acquired’ may be overstating things a bit, though.
12.21.2021 Rocket Companies buys Truebill for $1.275B Rocket Companies announced this morning that it will purchase Truebill for $1.275 billion in cash. Rocket Companies is best known for its Rocket Mortgage product, while Truebill is a consumer-facing app that helps consumers manage subscriptions, automate savings and budget.
12.21.2021 Melbourne-based edtech startup Vivi raises $20M to accelerate overseas expansion in race to reach 1M classrooms Australian edtech start-up Vivi has raised $20 million from education investor Quad Partners, funds that it intends to use to improve its platform, upgrade its operational infrastructure, and hire more sales and marketing teams in the Americas, Europe, and Asia.
12.20.2021 GDevelop wants to make game development accessible GDevelop is a game engine that lets you develop a video game without any specific development experience. While the ‘no-code’ trend has been quite popular this year, GDevelop has been around for a few years already.
12.20.2021 Tiger Global backs fintech CreditBook in first Pakistan investment Two years ago, a group of entrepreneurs in Pakistan began surveying the market to understand why financial services weren’t reaching the majority of merchants in the world’s fifth most populous nation.
12.17.2021 Z Fellows wants to give you $10K to launch a crypto startup Capital may help someone take the jump into entrepreneurship, but what about the activation energy to let them think that big in the first place?
12.17.2021 Gopuff, the instant grocery startup, is raising $1.5B in a convertible note at up to a $40B valuation, ahead of going public as soon as mid-2022 Instant grocery — where urban-dwelling consumers buy food and other essentials and can get them delivered in 15 minutes or less — continues to be a big business.
12.16.2021 Taxdoo raises $64M to expand from tax compliance to a wider set of financial tools for e-commerce companies With e-commerce becoming increasingly globalized, a company called Taxdoo, which builds API-based tools to help e-commerce companies with tax compliance and other accounting needs, is announcing a round of funding.
12.16.2021 Quo.com raises $7.2M seed round led by SignalFire to broaden access to mortgages Almost three million Americans a year are denied a mortgage. Most don’t even know where to start or understand what would qualify them. The system has become complex and confusing, causing people to never make it onto the housing ladder ...
12.15.2021 Crypto company Anchorage raises $350 million at $3 billion valuation Less than a year after raising an $80 million Series C round, Anchorage is announcing that it has raised a $350 million Series D round. With today’s funding round, the company has reached a valuation of more than $3 billion.
12.15.2021 Pair Eyewear focuses on adult glasses as it takes in $60M If Pair’s announcement is any indication, the direct-to-consumer eyewear market is doing quite well.
12.14.2021 Weather-focused IBISA raises seed round to back its microinsurance solutions for low-income small farmers Agricultural microinsurance startup IBISA raised a seed round of approximately $1.70 million led by London-based Insurtech Gateway, with participation from Rockstart’s AgriFood fund and others.

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TechCrunch Startup News

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TechCrunch Startup News episodes:

First EV mass transit bus by Swedish-Kenyan startup Opibus begins operation amidst plans for regional launch by 2023

Space startup Wyvern raises $4.5M and joins YC’s latest cohort

Spendesk is the fifth French startup to reach unicorn status this month

Warehouse robotics system Exotec raises $335 million

Juro draws $23M into its browser-based contract automation platform

Payment orchestration platform Gr4vy pulls in another $15M in a Series A extension

Meet Paysail, the startup making B2B payments faster using crypto

Tiger Global backs Accrue Savings’ ‘save now, pay later’ approach to consumer purchases

Shield bags $15M Series A to address surging demand for its AI-powered communication compliance platform

Assemble scores $5M seed to bring order and equity to compensation

Headspace Health acquires AI-powered mental health and wellness company Sayana

Flush with new capital, Foxtrot’s ‘convenience store of the future’ is coming to a location near you

Arcade launches ‘try before you buy’ demo capabilities with $2.5M in new capital

Career Karma lands $40M to evolve into an edtech employee benefit

Parrot, a tool for digitizing Mexico’s restaurants, takes in $9.5M

FanDuel founder and Sequoia bet on Spanish-language fantasy sports app Draftea

Startups at CES showed that age-tech can help everyone

Zuddl raises $13M for its simple but powerful virtual events platform

Doosan announces $33.7M raise, as it introduces a robotic camera system at CES

Doosan announces $33.7M raise, as it introduces a robotic camera system at CES

New pet tech at CES treats dogs and cats like the complex beings they are

DriveU.auto to power remote piloting of EasyMile’s autonomous shuttles, Coco’s sidewalk robots

Refinery Ventures’ second fund aimed at getting startups to Series A

Smart contact lens startup Mojo Vision partners with Adidas and other sports brands

Smarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia

AIMMO bags $12M Series A to advance data labeling technology

Southeast Asian startups to watch in 2022

Voyant raises $15M to scale production of its tiny, inexpensive lidar tech

Tech-led biofuel startup Koko Networks launches new consumer goods business in Kenya

TuSimple completes its first driverless autonomous truck run on public roads

India’s GlobalBees joins unicorn club for its Thrasio-like house of brands

Nigerian edtech startup Teesas secures $1.6 million in pre-seed round, to launch tutor marketplace, expand in East, Southern, Francophone Africa in 2022

Indian neobank Jupiter raises $86 million to launch lending and wealth management services

Automation Anywhere expands into process discovery with FortressIQ acquisition

Skio raises $3.7M to help brands on Shopify sell subscriptions

With $36 million Series C, Brazil’s Ambar hopes to make civil construction more efficient

TikTok rival Triller to go public via merger with SeaChange International

Ampla raises $40M Series A for its business of providing credit to commerce brands

Airtable acqui-hires Walrus.ai’s founding team

Rocket Companies buys Truebill for $1.275B

Melbourne-based edtech startup Vivi raises $20M to accelerate overseas expansion in race to reach 1M classrooms

GDevelop wants to make game development accessible

Tiger Global backs fintech CreditBook in first Pakistan investment

Z Fellows wants to give you $10K to launch a crypto startup

Gopuff, the instant grocery startup, is raising $1.5B in a convertible note at up to a $40B valuation, ahead of going public as soon as mid-2022

Taxdoo raises $64M to expand from tax compliance to a wider set of financial tools for e-commerce companies

Quo.com raises $7.2M seed round led by SignalFire to broaden access to mortgages

Crypto company Anchorage raises $350 million at $3 billion valuation

Pair Eyewear focuses on adult glasses as it takes in $60M

Weather-focused IBISA raises seed round to back its microinsurance solutions for low-income small farmers