Browsing Category: Startups

  • Contentsquare, the digital experience analytics platform, scores $190M Series D

    Contentsquare, the cloud-based platform that helps businesses understand how and why users are interacting with their app, mobile and web sites, has closed $190 million in Series D funding. The round is led by BlackRock’s Private Equity Partners team, with participation from previous investors. In addition, as part of this round, Sapiance Capital Limited is …

    May 19, 2020 | by Raheel
  • Experience marketplace Pollen lays off 69 North America staff, furloughs 34 in UK

    As the coronavirus pandemic continues, throwing countries into lockdown and recession, two of the hardest-hit sectors have been travel and events. And startups operating in the space that have recently raised significant funding aren’t immune to the crisis. Pollen, the U.K.-based influencer marketplace for travel and events that closed $60 million in funding in October, …

    May 19, 2020 | by Raheel
  • 70% of Indian startups will run out of money in less than 3 months

    More than two-thirds of startups in India need to secure additional capital in the coming weeks to steer through the coronavirus pandemic, according to an industry report. 70% of startups in India, home to one of the world’s largest startup ecosystems, have less than three months of cash runway in the bank, and another 22% …

    May 19, 2020 | by Raheel
  • African countries need ‘startup acts’ more than ever to support innovation

    Adedana Ashebir Contributor Share on Twitter Adedana Ashebir is regional manager for Africa for Village Capital, which has supported more than 100 entrepreneurs and 15 entrepreneur support organizations in Sub-Saharan Africa since 2012. As the fallout from COVID-19 continues to grip Africa’s major economies, the tech ventures in those countries need state support. National legislation …

    May 19, 2020 | by Raheel
  • Arculus raises €16M to upgrade assembly lines with its ‘modular production platform’

    Arculus, the Ingolstadt, Germany-based startup that has developed a “modular production platform” to bring assembly lines into the 21st century, has raised €16 million in Series A investment. Leading the round is European venture firm Atomico, with participation from Visionaries Club and previous investor La Famiglia. Arculus says it will use the injection of capital …

    May 19, 2020 | by Raheel
  • Pennylane is an accounting service that improves your financial visibility

    Meet Pennylane, a new French startup that is a building a full-stack service to deal with your financial data. With Pennylane, you get a real-time view of your financial data and you don’t have to work with an accounting company — the startup hires accountants for you. The startup just raised a $4.3 million (€4 …

    May 19, 2020 | by Raheel
  • What SoftBank’s Vision Fund results tell us about troubled startup sectors

    A famous investor published notes today concerning its startup investments, detailing where they excelled and where they struggled. To understand why we care about this particular investor’s results, a little context helps. The investor in question is Japanese telecom giant and startup benefactor SoftBank, which reported its fiscal year results this morning. SoftBank’s investments are …

    May 18, 2020 | by Raheel
  • SoftBank’s Q1 2020 earnings presentation mixes comedy and drama

    Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re digging into SoftBank’s latest earnings slides. Not only do they contain a wealth of updates and other useful information, but some of them are gosh-darn-freaking hilarious. We all deserve a bit of levity …

    May 18, 2020 | by Raheel
  • Call for EU state aid rules to flex for startups

    European startups are calling for more flexibility in EU state aid rules to allow national governments to provide liquidity for the region’s fledgling digital businesses during the COVID-19 crisis. In a joint letter addressed to Commission EVP Margrethe Vestager, more than a dozen startup associations from across the bloc have called for rules to be …

    May 18, 2020 | by Raheel
  • GO1, an enterprise learning platform, picks up $40M from Microsoft, Salesforce and more

    With a large proportion of knowledge workers doing now doing their jobs from home, the need for tools to help them feel connected to their profession can be as important as tools to, more practically, keep them connected. Today, a company that helps do precisely that is announcing a growth round of funding after seeing …

    May 18, 2020 | by Raheel