Browsing Category: Startups

  • Diet autopilot Thistle raises $5M for health food subscriptions

    What if it was easier to eat salad than junk food? Most diet routines take a ton of time, whether you’re cooking from scratch, making a meal kit or seeking a nutritious restaurant. But on-demand prepared food delivery companies like Sprig that tried to eliminate that work have gone bankrupt from poor unit economics. Thistle …

    January 27, 2020 | by Raheel
  • Kidtech startup SuperAwesome raises $17M, with strategic investment from Microsoft’s M12 venture fund

    Kidtech startup SuperAwesome has raised an additional $17 million in funding, which includes a new strategic investment from Microsoft’s venture fund, M12. Others participating in the round include existing investors Mayfair Equity, Hoxton Ventures and Ibis, along with other angels. To date, SuperAwesome has raised $37 million in outside investment. SuperAwesome has been tapping into …

    January 27, 2020 | by Raheel
  • Bird confirms acquisition of Berlin scooter rival Circ

    If you didn’t see this coming, then clearly you didn’t have your eyes on the road. Bird, the LA-founded e-scooter giant, has confirmed that it is acquiring European competitor Circ, the micromobility company founded by Lukasz Gadowski of Delivery Hero fame. The deal, for which terms remain undisclosed, was first reported by FT late last …

    January 27, 2020 | by Raheel
  • Los Angeles’ AmazeVR raises more cash, heads to Incheon for first location-based VR installation

    AmazeVR, the Los Angeles-based virtual reality entertainment distribution service, is taking its first steps into the world of location-based virtual reality experiences with an installation in Seoul’s Incheon International Airport. The company, which also scored an additional $2.5 million commitment to expand its total funding to around $9 million, made the announcement last week. The …

    January 27, 2020 | by Raheel
  • Casper’s valuation could fall 40% in IPO as it reports 2019 results

    Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking stock of the latest from Casper, the D2C mattress company that is going public. The unicorn announced its initial IPO price range this morning, targeting a $17 to $19 per-share IPO price …

    January 27, 2020 | by Raheel
  • Mural raises $23M Series A after history of capital-efficient growth

    This morning Mural, a software startup focused on visual collaboration,1 announced that it closed a $23 million Series A round of capital. The funds come after Mural, formerly Mural.ly, had raised just a few million dollars previously. That fact made its round interesting: How did the company raise 10 times its prior total in one …

    January 27, 2020 | by Raheel
  • AI-powered voice transcription app Otter raises $10M, including from new strategic investor NTT DOCOMO

    Otter.ai, an AI-powered transcription app and note-takers’ best friend, has received a strategic investment from Japan’s leading mobile operator and new Otter partner, NTT DOCOMO Inc. The two companies are teaming up to support Otter’s expansion into the Japanese market, where DOCOMO will be integrating Otter with its own AI-based translation service subsidiary, Mirai Translation, …

    January 27, 2020 | by Raheel
  • WholyMe, which makes natural products for chronic pain, closes seed round

    WholyMe, a London startup that makes and markets “natural relief” products to manage chronic pain, has closed a £500,000 seed round from investors Financière Saint James, V1 Capital, Guibor and business angels. The round also includes Joyance Partners, a New York-based VC concentrating on the new science emerging around “health and happiness” which recently expanded …

    January 27, 2020 | by Raheel
  • Equity Monday: A global selloff, MURAL snags $23M and two unicorns that can’t raise

    Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing it in the slightest. (Here’s last week’s episode, which took a look at The Athletic’s …

    January 27, 2020 | by Raheel
  • Teller raises $4M to take on Plaid in the US by providing API access to bank accounts

    “They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver it was hyped up to …

    January 27, 2020 | by Raheel