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Japanese space startup Gitai has raised a $17.1 market yet,” explained Gitai founder and CEO Sho Nakanose in an interview. million funding round, a Series B financing for the robotics startup. So we would like to get missions from U.S. commercial space companies, as a subcontractor first.
Cashfree, an Indian startup that offers a wide-range of payments services to businesses, has raised $35.3 The new round brings the startup’s to-date raise to $42 million. Setu raises $15M to help developers connect with banks to offer Indians ‘sachet-sized’ financial products.
Cartona , one of the major players digitizing the traditional trade market, including mom-and-pop stores, FMCG producers, wholesalers, and distributors in Egypt, has raised $12 million in Series A funding. We won’t expand like crazy without having positive unit economics in every city,” CEO Mahmoud Talaat told TechCrunch in an interview. “We
When the $80 price was first revealed, gamers immediately raised questions. Credit: Nintendo In interviews with the media after the big Switch 2 Direct two weeks ago, Nintendo employees generally took the position that Mario Kart World 's price makes sense because of how much content is in the game.
Byteboard , a service designed to replace the pre-onsite technical interview part of a company’s hiring process with a web-based alternative, will be spinning out of Google, TechCrunch learned and Google confirmed. A group of experienced engineers review and rate the interviews. The business took off following its 2019 debut.
years since it raised its preceding round. For Treasury Prime, the new capital was an internal affair, with prior investors stepping up to lead its new round of funding. So, why raise more funds now? Fintech is a big and expensive market, and Treasury Prime isn’t busy raising nine-figure rounds — yet, at least.
Why raise more money so soon after its last round? Behrens Wu noted in an interview with TechCrunch that when her company was helping its early customers ship just a few packages, shipping companies it supports on its platform didn’t want to meet with the startup. GPV is the company’s acronym for gross postage volume.
You get the order, you find manufacturers and workshops that make them,” explained Amrit Acharya, co-founder and chief executive of Zetwerk, in an interview with TechCrunch. A quick side note: Zetwerk announced a $21 million Series C round last year , but ended up raising $31 million in that round.).
With the market turning so dramatically in 2022, it’s no surprise that many startups are now believed to be raising down rounds. This week alone, it was reported that Varo was raising a $50 million equity round led by Warburg Pincus at a “significantly” lower valuation. That’s down from the $2.5 That’s down from the $2.5 consumer bank.
Sensing a trend, Western startups are getting in on the action, with companies like Whatnot and PopShop.Live raising rounds to build out their infrastructure. This week, Miranda Halpern and Anna Heim interviewed experts on growth marketing: The MKT1 interview: Growth marketing in 2021, hiring versus outsourcing and more.
Private station operators “are going to need an easy LEGO brick to build in space,” he told TechCrunch in a recent interview: versatile, modular hardware to let humanity build in space at scale. Gravitics raises $20M to make the essential units for living and working in space by Aria Alamalhodaei originally published on TechCrunch.
On Wednesday it announced its acceptance by the market has helped it raise $70 million in a new financing round as the startup prepares to scale the 16-month-old app across India. The app also offers people the opportunity to upskill themselves, practice with their interview performance, and become eligible for even more jobs.
fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has raised £14 million in Series A funding. The young company wasn’t actively fund-raising, having quietly raised £3.8 Primer , the U.K. million in funding announced in May.
Blnk said it has raised $32 million, money split across different stages and funding types: $12.5 million pre-seed and seed equity rounds (led by Abu Dhabi’s Emirates International Investment Company [EIIC], Sawari Ventures and other investors), $11.2 Money Fellows, an Egyptian fintech digitizing money circles, raises $31M funding.
Stacked , a web-based platform that provides passive investment tools for retail investors interested in crypto, just announced it raised a $35 million Series A co-led by Alameda Research , a crypto trading firm owned by FTX founder Sam Bankman-Fried. Bybit and BitDAO partner Mirana Ventures co-led the round alongside Alameda.
Zambian card issuing fintech Union54 has raised $12 million in a seed extension round led by Tiger Global. What this is telling us is that there’s very much real interest in the number of people who want to have debit cards and this is not going to stop anytime soon,” Mlambo said in an interview.
But for their internal communications, they are stuck using applications that don’t play well with one another. This is a problem, as most employees at a mid-sized or large-sized firm spend a fourth to a third of their days on internal communication applications. The startup announced on Tuesday that it has raised a seed round of $2.8
Genesis Therapeutics has a new simulation approach and cross-disciplinary team that has clearly made an impression: the company just raised a $52 million A round. ” Founder Evan Feinberg got into the field when an illness he inherited made traditional lab work, as an intern at a big pharma company, difficult for him.
Losing a couple of stripes : Anita , Natasha M and Mary Ann teamed up to tackle Stripe’s news that it is the latest to cut its internal valuation. And how does that make you feel, |*FNAME*| : Therapist chatbots are continuing to rise in popularity, and Wysa raised $20 million to further expand its services, as Jagmeet reports.
An Interview with Matt Roberts-Davies , General Manager of M-Changa – an official partner of the 2018 Global Trends in Giving Report. According to the International Center for Not-for-Profit Law , there are 6,500+ NGOs registered with the NGOs Coordination Board in Kenya. How do you see it evolving over the next 10 years?
In fact, behavioral science should inform the ways you recruit and engage supporters as well as raise awareness for your cause. A key benefit of this campaign is giving their supporters free rein of how they wish to raise money for the organization, promoting creativity and a sense of ownership.
VUZ , a social app that allows users to stream and experience immersive realism in extended reality (XR) and metaverse digital experiences, has raised $20 million in Series B investment. and EMEA-based investors, will be pivotal to its international expansion. Seven existing investors participated as well. Asia, and Europe.
In our effort to highlight brilliant changemakers, we sat down with Cylinda Nickel at Compassion Services International to dive deeper into their global fundraising initiatives – particularly their work for Ukraine- and hear about her top fundraising tips. Watch the interview on demand here.
Metromile will likely be one of 2021’s many SPAC-led debuts, so Alex interviewed CEO Dan Preston to learn more about the process and what he learned along the way. Dear Sophie: How can I improve our startup’s international recruiting? Dear Sophie: How can I improve our startup’s international recruiting?
Today came the latest development in that story: HungryPanda , which makes a Mandarin-language app specifically targeting Chinese consumers outside of China, has raised $70 million to continue its global expansion in delivering food from Chinese restaurants and Asian grocery stores targeting the Chinese diaspora.
Today, one of those startups has raised a significant round of funding to help it achieve its goals. Existing backers Edison Partners, Soros Fund Management, Greenspring Associates, Raine Ventures, Greycroft and Expansion Capital also put money in the round, which brings Yieldstreet’s total raised to $278.5
Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. Gloat nabs $90M to build AI-powered internal jobs marketplaces. Stage 2 Capital launches $80M Fund II targeting B2B software startups.
The company previously raised a $6 million pre-seed and $6 million seed round that TechCrunch covered last November. In a prior interview with Alpaca CEO Yoshi Yokokawa , the startup confirmed that it generates revenues from routing order flow through specific market makers. What’s driving API-powered startups forward in 2020?
Remote , which provides tools to manage onboarding, payroll, benefits and other services for tech and other knowledge workers located in remote countries — be they contractors or full-time employees — has raised $150 million. Remote raises $35M to help orgs with global workforce payroll, benefits and more.
Splitwise simply wants to help reduce the stress and awkwardness that money puts on relationships of all sorts, CEO Jon Bittner told TechCrunch in an interview. The startup declined to share active user numbers, but as it is merely raising a Series A we gave it an early-stage pass on more concrete usage metrics.
In the latest development, Lentra , an Indian embedded AI-based finance startup, has raised $60 million — a Series B that values the startup at “over $400 million,” D Venkatesh, the founder and CEO of the startup, told TechCrunch in an interview.
In fact, it’s been used for decades in aerospace applications, to power everything from satellites to the International Space Station and the Hubble Telescope. The investment comes around a year after EnerVenue raised a $12 million seed. The technology itself – nickel-hydrogen batteries – isn’t actually new. I had essentially given up.”
Glade Brook, Nexus, Breyer Capital, Lachy Groom, Global Founders Capital, and Contrary Capital also participated in the round, which brings its to-date raise to $160 million. But at the same time, Zepto is cautious about keeping its employees and delivery partners happy, he said, pointing to the retention and internal feedback.).
NALA , a Tanzanian cross-border payments company that recently pivoted from local to international money transfers, said Thursday it has raised $10 million in a new fundraising round. But in 2020, NALA started testing international money transfers after some users expressed interest in moving money from the U.K. and the E.U.,
Brimore –a market leader in the country and, to an extent, Africa–off the back of witnessing impressive growth in the last three years, has raised $25 million in a Series A round. The International Finance Corporation (IFC) and Endure Capital led the new financing round. African tech took center stage in 2021.
Developer-focused productivity tool Raycast has raised $15 million in Series A funding, led by Accel and Coatue. We started the company because we wanted to improve how we work with computers,” Raycast CEO Thomas Paul Mann told TechCrunch in an interview. “As We’d rather spend our time on the work that actually matters.
But despite India contributing more international students than any other country, most firms aiming to address this challenge are not focused on India, and struggle to understand some unique problems students in the world’s second-most populous country face. An Indian startup that is bridging this gap on Thursday said it has raised $6.5
Today, the company is announcing a $100 million Series C financing round, bringing the total amount raised since its founding in 2015 to $130 million. In an interview with TechCrunch, he says that this was a bet the company made in 2015 that the future of e-commerce is not a marketplace, but the complete digitization of all commerces.
Later, with the fintech effort low on capital and time, the company realized that some internal tech it had built to help support remote staff’s hardware and software needs might have broader application. Some of the staff it intends on hiring will be in its sales org, a focus that Herd mentioned during our interview.
The company currently has 15 million users — about half of Spain’s internet population, CEO Rob Cassedy pointed out to us in an interview earlier today, and has maintained a decent No. Today, one of the startups that saw a big lift in its service as a result of that trend is announcing a major fundraise to fuel its growth.
Many platforms power these KYC processes, and one of them, Identitypass , is today announcing that it has raised $2.8 The round also comes a few months after the startup raised $360,000 in pre-seed investment last November, bringing its total funding to $3.1 That was it,” the CEO told TechCrunch in an interview.
Acronis has raised $250 million in equity, and co-founder and CEO Serguei Beloussov said in an interview the company plans to use the financing both to grow organically, as well as for acquisitions to bring more “proactive” technology into its portfolio.
Weeks after laying off workers, supply chain startup FourKites has raised $30 million as part of an ongoing financing round, according to documents filed with the U.S. Elenjickal blamed economic factors like inflation, raising interest rates and unpredictable energy prices. Securities and Exchange Commission.
It brings the startup’s total raised to $45 million, which Socher said will be put toward developing “premium features” and collaborating with outside developers to “show more useful actionable apps” in You’s search results page. Image Credits: You.com.
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