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Austin, Texas, is not only known for its vibrant culture and innovative tech scene but also for its strong sense of community and corporate social responsibility. By understanding and leveraging […]
Tesla will build its next US factory in Austin, Texas, CEO Elon Musk announced today, wrapping up a months-long search for a location to build the upcoming Cybertruck. It’s currently unclear what, if any, promises Tesla received from the state of Texas for choosing to build in the Austin area. Tesla moving to Austin is exciting.
It’s my pleasure to announce FabuLingua won today’s City Spotlight: Austin pitch-off! Mark Begert pitched his company to three Austin-based investors who found his messaging and pitch to be clear, concise and easy to follow. FabuLingua is based out of Austin, Texas, and raised $1.3 million valuation cap.
Austin made headlines in 2021 for being “the place” for startup founders and venture capitalists alike to set up shop. That’s why TechCrunch has chosen to shine a spotlight on the city with a special episode of TechCrunch Live centered on the growing startup scene in Austin, Texas. Today, Austin is more than just the capital of Texas.
Austin’s venture capital scene has been hot for years now, but a pair of local investment firms just closed on new funds aimed at injecting more capital into startups in Austin and elsewhere. More than 380 funding deals were made into Austin startups in 2021 , amounting to $4.9
Fetch Package , a last-mile package delivery company for apartment communities, has raised $50 million in a Series C round of funding and closed on a $10 million venture debt facility. The startup, which later moved its headquarters to Austin, has seen impressive growth.
Before Nick Macario launched Verifiable , the Austin-based company that just raised $3 million for its API toolkit that verifies healthcare credentials, he ran a series of other businesses designed to offer public credentials for professionals. “We’re at an inflection point with healthcare,” said Macario.
Naj Austin , the founder behind Ethel’s Club, built Somewhere Good last year on an entirely different premise. Less than a year after launching , Somewhere Good announced this morning that it has raised $3.75 She believes that humans crave collectivism more than individualism in a post-COVID world. NextView Ventures and 2PM Inc. “I’m
ICON , a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. Austin-based ICON awarded $57.2 million contract is a continuation of a previous Small Business Innovation Research (SBIR) dual-use contract with the U.S.
Founded in 2015, Getaway builds “Outposts” — collections of tiny cabins in rustic locations within a two-hour drive of major cities like Atlanta, Austin, Los Angeles and New York. Today it’s announcing that it has raised $41.7
Austin, Texas, is becoming the new home for large companies (Tesla), investors and startups alike. . Besides Austin, the only other site in the U.S. DSH will hold two cohorts in 2022 — both in Austin, consisting of 10 startup teams from around the world. location in Austin at SXSW as a hostel for entrepreneurs.
Austin-based venture firm 8VC, led by controversial Palantir founder Joe Lonsdale, has raised $880 million in its fifth fund. In 2020, 8VC famously moved its headquarters from San Francisco to Austin, Texas. At the time, Lonsdale tweeted that Austin was “*far* more tolerant of ideological diversity than SF.”
ICON, which creates homes using 3D printing, has raised an additional $185 million in a round led by Tiger Global Management, TechCrunch has learned exclusively. While the Austin-based company confirmed the latest raise, it declined to comment on its valuation or provide further details. for developer 3Strands in Austin, Texas.
The company, with bases in both Austin and Australia, was started in 2009 and facilitates exits for millions of online business owners, some that operate on e-commerce marketplaces, blogs, SaaS and apps, the newest data integration being for Shopify, Blake Hutchison, CEO of Flippa, told TechCrunch.
The Zebra , an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. million Series C that Austin-based The Zebra raised in February of 2020. 6 VCs talk the future of Austin’s exploding startup ecosystem.
Real estate tech startup Sunroom Rentals , which leases units on behalf of property managers and apartment owners, has raised $11 million in a Series A round of funding led by Gigafund. The Austin-based company has developed an app that it says gives renters a way to tour, apply for and lease a unit “entirely online.”
And today, the Santa Rosa, California-based startup is announcing it has raised $75 million in a Series C funding round led by Khosla Ventures toward its efforts to help address those inventory shortages with its technology. The raise brings the company’s total equity haul to $148 million since its inception. .
Last week I was down in Austin, TX, for the 2012 South by Southwest Interactive Festival. Start Some Good, a platform for social good groups – whether nonprofit organizations or not – to raise funds and build community, highlighted eight diverse projects working for social impact at an evening event hosted by Center61 at SXSW.
The company won’t be doing a company-wide pay raise to match rising prices. That rings especially true as Google expects 80 percent of its employees to spend at least some time in its offices (often located in cities with higher-than-average costs of living like Austin, New York, or San Francisco) when they end up returning.
BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . He co-founded BluePallet with Austin Britts, Kevin Fuller and Brian Perrott. “As
Former Sequoia partner Amy Sun , who left the famed venture capital firm just months ago, has already raised $3.8 Since leaving Sequoia, Sun has lived a “nomadic lifestyle,” with time in San Francisco, Boston, North Carolina and, more recently, Austin, Texas. million for her new startup, Daylight Labs, SEC filings show.
Workrise , which has built a workforce management platform for the skilled trades, announced today that it has raised $300 million in a Series E round led by U.K.-based With this latest financing, Workrise has now raised more than $750 million. You may know Austin-based Workrise better by its former name, RigUp.
With a stated goal of aligning the mortgage industry with consumer interests, Austin-based UpEquity has raised $25 million in equity and debt funding to expand its business. They since relocated to Austin because of its booming housing market and relatively more relaxed regulatory environment. housing market.
ZenGo , a mobile app to manage your cryptocurrencies, has raised a $20 million Series A funding round led by Insight Partners. Other investors include Distributed Global and Austin Rief Ventures. Fireblocks , a company that has recently raised $133 million , is one example. But ZenGo is building a consumer app.
QuotaPath , which has developed a commission-tracking solution for sales and revenue teams, has raised $21.3 The funding comes amid a year of growth for the startup, which has dual headquarters in Austin and Philadelphia. 6 VCs talk the future of Austin’s exploding startup ecosystem. million since its 2018 inception.
Self Financial, a fintech company that aims to help consumers build credit and savings at the same time, announced today it has raised $50 million in Series E funding. This week, TomoCredit, which has the similar goal of helping underrepresented consumers build a credit history, announced it has raised $10 million. billion valuation.
SoleSavy, a community built around buying hot sneakers and related items that are increasingly hard to acquire at retail, raised $2 million in a round that closed late last year. Crypto-driven marketplace Zora raises $2M to build a sustainable creator economy.
Note from Beth: I’m headed down to Austin, TX for SXSW where I will have the pleasure of facilitating a workshop on measuring social media with KD Paine with case studies by David Neff and Carie Lewis. Austin is hosting its own giving day, called Amplify Austin , on March 4, 2013. I’m so glad you asked.
The Austin-based company officially launched in 2019 and has doubled its number of customers to nearly 40 since its first institutional funding round last February, Seal said. Routefusion just raised another $10.5 million in a “seed prime” round, bringing the company’s total institutional funding raised to date to $14.1
Soona , a startup aiming to satisfy the growing content needs of the e-commerce ecosystem, is announcing that it has raised $10.2 So you want to raise a Series A. ” Soona raises $1.2M million in Series A funding led by Union Square Ventures. “We can have conversations about our values and how we see the world.
The Austin-based company says it’s looking to “democratize product innovation by drastically lowering barriers to entry for creation of new products.” To help accelerate its own vision, Gembah has raised an $11 million Series A, led by local firm ATX Venture Partners along with Silverton, Flexport, Brett Hurt, Jim Curry and Dan Graham.
Juno , a proptech startup which aims to build more sustainable and affordable apartment buildings, has raised $20 million in a Series A funding round. Comcast Ventures, Khosla Ventures and Real Estate Technology (RET) Ventures co-led the financing, which brings the company’s total raised to $32 million since its 2019 inception.
This morning Wunderite , a Boston-based software startup, announced that it has raised $3 million in an early-stage round led by Spark Capital. That may surprise, but most of the United States is not the Bay Area, Austin, Boston, Chicago, Denver, or Seattle it turns out. At which point it can raise more capital at a higher valuation.
Party Round is building software that it hopes will make the process of raising early-stage corporate capital far simpler than it is today. And the company just used its own service to raise $7 million. It then helps handle the requisite documents, signatures and capture of raised funds. It’s still early days.
Founded by Melanie Stricklan, David Godwin, and Thomas Ashman in 2017 and based in Austin and El Segundo, it’s raised $34.6 LeoLabs raises $65M Series B for its satellite monitoring and collision detection service. million over a two-part Series A round, the second chunk of which — worth $25 million — was announced today. (
Shef is a marketplace meant to help these home chefs connect with customers, handle orders and get the food delivered — and they’ve just raised $20 million to get it done. “We want to be able to expand the services to as many people as possible, because so many people need it,” Salehi tells me.
Follow the lead of organizations like the Austin Public Library who have a sign-up form for those interested in participating. Bonus points if you can provide exclusive members-only perks like the Austin Public Library does with sneak peeks to new program developments or behind-the-scenes looks at sold-out events.
So alongside her husband, Bennie King (himself a serial entrepreneur in the Dallas area), and her University of Texas at Austin and Harvard classmate, Star Carter, Price launched Kanarys in late 2019. Notably, Kanarys founders join the (far-too-few) ranks of Black entrepreneurs launching businesses and raising venture capital.
The sheer volume of people migrating to Austin from all over the country, but particularly from the San Francisco Bay Area, has been making headlines for a while now. Homebound has raised about $73 million over the years from the likes of Google Ventures, Fifth Wall, Khosla, Sound Ventures, Atomic and Thrive Capital.
Laura Lorek has lived in the Austin area since 2000, where she's been writing about established companies like Dell, NI, IBM, Apple, Oracle, Google, Meta and tech startups like Opcity, now Realtor.com, Homeaway, now VRBO, RetailMeNot, Indeed.com, Homeward, OJO Labs and others. He didn’t raise any capital for Chaotic Moon. Laura Lorek.
Sapphire Ventures will inject $2 billion of newly raised capital into growth-stage enterprise companies from two new funds, Sapphire Ventures Fund VI and Sapphire Ventures Opportunity Fund III. The new funding represents the venture capital firm’s largest raise to date, Nino Marakovic, CEO of Sapphire, told TechCrunch, giving it more than $8.8
Bridgeford, who once left a finance career in New York, founded and ran Austin-based Stylust , a text-based shopping platform that aimed to offer a shopping assistant for consumers. A focus on wine and spirits retail was also mentioned in an Austin Biz Journal feature.
At-home health testing kit startup Everlywell has raised $75 million, following the close of the $175 million Series D it announced in December. Austin-based Everlywell develops at-home testing kits for a range of health concerns, including thyroid issues, allergies and food sensitivity. billion valuation from December still holds.
Raven’s Associate Community Manager Austin O’Brien said that team members were being called into individual meetings to be told whether or not they would still have a job come January 28th. Austin O'Brien (@eyyohbee) December 3, 2021. an hour, along with better benefits and bonuses. Now they are out of a job on January 28th.
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