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StartUp

Indiana-based rocket fuel startup Adranos has raised $1 million, after closing an oversubscribed round led by Archibald Cox Jr., chairman of private investment firm Sextant Group. The funding will be used by Adranos to build out its manufacturing capability, and to pursue additional key hires to build out its team.
Adranos is building a new kind of
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Read more: Solid rocket fuel startup Adranos raises $1 million to scale up manufacturing
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Just a couple days after mobile analytics and marketing company Localytics was acquired by Upland Software, two of its founders are announcing their new startup, Demand Sage.
CEO Raj Aggarwal and CTO Henry Cipolla previously co-founded and served in the same roles at Localytics, and they founded Demand Sage with Chief Product Officer Randy Dailey —
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Meet AssoConnect, a French startup that is building a software-as-a-service application to give you all the tools you need to manage your nonprofit organization (association in French).
The company just raised a $7.7 million (€7 million) funding round with XAnge and ISAI leading the round. Various business angels, such as Nicolas Macquin, Rodolphe
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Read more: AssoConnect is a service that helps you manage your nonprofit organization
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Negotiatus, a SaaS business meant to optimize and streamline the purchasing and procurement process for businesses, has today announced the close of a $10 million Series A round.
The funding was led by Rally Ventures, with participation from ERA, 645 Ventures, Green Visor Capital and Stage 2 Capital. This brings the company’s total funding to n
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Read more: Negotiatus, looking to help businesses optimize purchasing, raises $10 million
Write comment (95 Comments)“It’s an open secret that every company is on fire,” says Kintaba co-founder John Egan. “At any given moment something is going horribly wrong in a way that it has never gone wrong before.” Code failure downtimes, server outages and hack attacks plague engineering teams. Yet the tools for waking up the right employees, assembling a team to fix the
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Read more: Facebook Workplace co-founder launches downtime fire alarm Kintaba
Write comment (94 Comments)Fundraising is the single most
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Read more: What to expect when pitching European VCs
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Companies spend a lot of money and time testing their security defenses (or at least they should). Sometimes they hire a set of consultants called a “red team” to attack (in a safe way) their systems and see where vulnerabilities are. Today, Randori, a Boston-based security startup, introduced Randori Attack Platform, which effectively packages
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Read more: Randori introduces ‘Red Team’ attack platform as a service
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Are you a student enthralled by robots and the AI that powers them? Do you live within striking distance of UC Berkeley? Ready to learn from the greatest minds and makers in the field? Then we want you at TC Sessions: Robotics + AI 2020 on March 3 at UC Berkeley’s Zellerbach Hall.
We’re investing in the next generation of makers by making our d
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Read more: Students, score $50 tickets to TC Sessions: Robotics + AI 2020
Write comment (95 Comments)In a little less than three months, TechCrunch will bring its Early Stage event to SF for the very first time. Early Stage is meant to bring together more than 50 experts across startup core competencies, from funding to marketing to operation.
Today, I’m pleased to announce another four experts being added to the agenda. We’re thrilled to be joi
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Read more: New Early Stage speakers to tackle growth marketing, media strategy and M A
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Following TechCrunch’s coverage of 500 Startups’ 25th batch (and numbers 24, 23, 22, and 21, in case you wanted to go back in time), today we’re saying hello to the accelerator’s 26th cohort.
500 Startups, in case you weren’t aware, is a seed-stage accelerator and a collection of venture funds. The group, now with a few dozen accelerator batches
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Read more: Meet 500 Startups’ 26th batch of startups
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Starling Bank, the U.K.-based challenger bank founded by banking veteran Anne Boden, has raised another £60 million from its existing investors Merian Global Investors and Harry McPike’s JTC.
The investment brings the total raised by Starling to £323 million and follows two funding rounds of £105 million in aggregate led by Merian in 2019.
Boden told
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Read more: Starling Bank raises another £60M from existing backers
Write comment (92 Comments)Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
This week was something fun. First, we were back as a group in the San Francisco studio, which is always fun. Even better, we had NEA’s Rick Yang on hand to chat with Danny and Alex about the week. Yang, as old-school
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Read more: Why is One Medical worth more than Casper
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MoEngage, a San Francisco and Bangalore-based startup that helps firms better understand their customers and improve their engagement, has raised $25 million in a new financing round as it looks to grow its network in North America and Europe.
The Series C was led by Eight Roads Ventures . F-Prime Capital, Matrix Partners India and Ventureast also
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Read more: MoEngage lands $25M for its mobile-first customer engagement platform
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Donny Hall, the chief executive and co-founder of the used car certification service SureSale, knows used cars. The serial entrepreneur built and sold a previous business, CarSure, which was an insurance plan for vehicle repairs.
After selling that business in 2017 to Innovative Aftermarket Systems, Hall decided that his next venture would be to
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This morning Carta, a startup that helps private companies manage equity, announced it has created an investing vehicle called Carta Ventures. The well-funded unicorn wants to invest in young startups that it sees building off of its data-driven perspective into the world of private companies, helping to foster an ecosystem around its core
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Read more: Carta debuts fund to invest in startups that tap into its platform
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Revolut, the European banking and money transfer app that now claims over 10 million customers, has partnered with open banking API provider TrueLayer to add bank account aggregation features to its app.
The new functionality means that Revolut’s U.K. customers — both consumer and business — can now connect their external U.K. bank accounts to Rev
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Read more: Revolut uses ‘open banking’ to let you aggregate other bank account data within its app
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Snowflake, the cloud-based data warehouse company, doesn’t tend to do small rounds. On Friday night word leaked out about its latest mega round. This one was for $479 million on a $12.4 billion valuation. That’s triple the company’s previous $3.9 billion valuation from October 2018, and CEO Frank Slootman suggested that the company’s next finance e
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Read more: After $479M round on $12.4B valuation, Snowflake CEO says IPO is next step
Write comment (94 Comments)It’s no secret that it’s hard to make the economics work at rideshare companies. That may explain the success to date of HopSkipDrive, a six-year-old, L.A.-based company that pairs drivers with both families but also, crucially, school districts. Specifically, the now 100-plus person company has deals in place with school districts in 13 markets
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Read more: Rideshare startup HopSkipDrive raises $22M to focus on school transportation
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Impala has raised another round of funding just a few months after raising an $11 million Series A round. This time, the startup is raising a $20 million Series B round led by Lakestar. Latitude Ventures is also participating in the round.
The company is building a service that works pretty much like Plaid, but for hotel rooms. The hotel industry
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Read more: Impala raises $20 million to build the API of the hotel industry
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As founding executive director of Tech:NYC, Julie Samuels is one of the state’s most prominent advocates for the tech sector, both in Albany and at City Hall.
Samuels, a lawyer by training,
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Read more: ‘A city where you can pilot almost anything and figure out if it’s going to work’
Write comment (96 Comments)When Fair laid off 40% of its staff in October, CEO Scott Painter promised it wasn’t shuttering leasing services to on-demand fleets. But just one week later, Painter was removed as CEO and replaced in the interim with Adam Hieber, a CFA from Fair investor SoftBank. Today, according to two sources, Fair announced at an all-hands meeting that it w
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Read more: Shrunken unicorn Fair cancels car leasing to Uber drivers
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You’ve been busy. I’ve been busy. But people are talking about Slack all over Twitter, so let me catch us both up.
All the ruckus concerning Slack and its publicly traded stock appeared to kick off with a Business Insider story, which had the following headline:
Slack just scored its biggest customer deal ever, as IBM moves all 350,000 of its
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Read more: What happened to Slack today
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Scape Technologies, the London-based computer vision startup working on location accuracy beyond the capabilities of GPS, has been acquired by Facebook, according to a regulatory filing.
Full terms of the deal remain as yet unknown, although a Companies House update reveals that Facebook Inc. now has majority control of the company (more than 75%).
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Read more: Facebook has acquired Scape Technologies, the London-based computer vision startup
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As the national conversation pushes companies to reexamine the HR processes suppressing sexual harassment and bias reporting, tech startups are looking to find a way to smooth out the process and encourage communication.
LA-based AllVoices is building an encrypted communications platform for offices that allows employees to anonymously send
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U.S. femtech startup CurieMD is offering menopause diagnosis and treatment prescription via a telehealth platform — beginning in California, where it launched late last year.
Founder Dr. Leslie Meserve says the goal is to widen access to treatment and support services for mid-life women, spying a business opportunity in offering an auxiliary
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Read more: CurieMD is using telehealth to plug the menopause support gap
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With Casper’s public offering earlier this week, we’ve closed the book on the first two venture-backed IPOs of note in 2020. Casper, joined by One Medical, carried over $870 million of private capital, venture and otherwise, across the finish line.
Even though each IPO featured an unprofitable tech-enabled business that had posted sub-30% growth
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Read more: 3 unicorn takeaways from the Casper and One Medical IPOs
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Time to mark September 14-16 on your calendar for the startup extravaganza that is TechCrunch’s Disrupt San Francisco 2020. Registration for our flagship, 10,000-person event is officially open, and pass prices will never be lower. Super early-bird passes are now available, and if you reserve your seat today, you can save up to $1,800.
There are
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Read more: Registration is now open for Disrupt SF 2020
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Over the last few years, Facebook has been busy building out AI capabilities in areas like computer vision, natural language processing (NLP) and ‘deep learning,’ in part by acquiring promising startups in the space.
Understandably, this has seen the U.S. social networking giant look to the U.K. for AI talent, including an acqui-hire of NLP startup
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Read more: Facebook quietly acquired another UK AI startup and almost no one noticed
Write comment (97 Comments)A startup called Our.News is working to make its users smarter consumers of the news.
In other words, it’s confronting some big, seemingly intractable problems. For one thing, there’s a tremendous amount of disinformation online — as Our.News founder and CEO Richard Zack put it, “Unfortunately, you have thousands of people all over the world who in
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Read more: Our.News fights misinformation with a ‘nutrition label’ for news stories
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Nuro, the autonomous delivery startup that raised $940 million in financing from SoftBank Vision Fund last year, is the first company to receive a driverless exemption from the federal government.
The exemption granted by the the U.S. Department of Transportation’s National Highway Traffic Safety Administration is for Nuro’s newest — and until Thur
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Read more: Nuro’s new delivery R2 bot gets the first driverless vehicle exemption from feds
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