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More than 14.4 million adults over the age of 18 in the United States exhibited some kind of alcohol use disorder, and only about 7.9% of those people received treatment. Alcohol-related deaths number roughly 88,000 people in the U.S. — making it the third leading preventable cause of death in the country. And alcohol-related illnesses …
May 11, 2020 | by RaheelIn an episode of Extra Crunch Live last week, Roelof Botha expressed excitement not only about the shift to teleconference platforms like Zoom, but the apps and bots that may spring up on top of the Zoom ecosystem. Interestingly, Zoom just announced the results of its Marketplace App competition, with Docket taking first place. Docket …
May 11, 2020 | by RaheelPrimer, a U.K. fintech that wants to help merchants consolidate their payments stack and easily support new payment methods in the future, has quietly raised £3.8 million in funding. Leading its £3.2 million seed round is Balderton Capital — which mostly does Series A — with participation from Taavet Hinrikus, who co-founded and previously led …
May 11, 2020 | by RaheelVochi, a startup operating out of Belarus that’s created a “computer vision”-based video editing and effects app for mobile phones, has raised $1.5 million in seed funding. Leading the round is Ukraine-based Genesis Investments (backer of BetterMe and Jiji). It follows pre-seed funding in April 2019 from Bulba Ventures, where Vochi founder and CEO Ilya …
May 11, 2020 | by RaheelHummingbird Bioscience, a startup focused on developing new treatments for cancer and other diseases, announced today it has added $6 million to its previously announced Series B, bringing the round’s total to $25 million. The extension was led by SK Holdings, and included participation from returning investors including Heritas Capital and SEEDS Capital, the investment …
May 11, 2020 | by RaheelJobHopin, a Vietnam-based startup building an automated job-recruitment platform for Southeast Asia, announced today that it has closed a $2.45 million Series A. This brings JobHopin’s total raised so far to more than $3 million, from investors including SEMA Translink, KK Fund, Mynavi Corporation, Edulab Capital Partners, NKC Asia and Canaan Capital. Founded in 2017 …
May 11, 2020 | by Raheel“I just think change unfairly favors the startup, the nimble small company,” says Roelof Botha. The Sequoia partner, whose portfolio includes Unity, 23andMe, Instagram, Instacart, Xoom and YouTube, says he’s hopeful about the opportunities this pandemic has created for companies across a variety of sectors, including healthcare, cloud computing, social and others. We spoke for …
May 10, 2020 | by RaheelEditor’s note: Get this weekly recap of TechCrunch news that any startup can use every Saturday morning by email (7am PT). Subscribe here. A specific type of small startup has a window to raise crowdfunding in a somewhat less regulated way than normally required in the U.S., based on a temporary set of rule changes …
May 9, 2020 | by RaheelWelcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with a record 204 billion downloads and $120 billion in consumer spending in 2019. People are now spending …
May 9, 2020 | by RaheelChris Lynch, a founder and former general partner at Boston-based seed-stage fund Accomplice, remembers “VC Mountain in Waltham.” Back then, entrepreneurs on funding quests would visit a building overlooking the Waltham Reservoir near Boston where they pitched to a few investors: Matrix Partners, Charles River Ventures and Highland Capital Partners. “And if they didn’t invest in …
May 8, 2020 | by Raheel