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StartUp

Forward Partners, the early-stage venture fund and startup studio, has long offered something a little different to the U.K’s tech startup ecosystem, and today the VC is continuing that trend with the launch of “Forward Advances,” a revenue-based finance solution for startups that need to bolster marketing.
Aimed at “fast-growing” e-commerce, mar
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Read more: Forward Partners launches Forward Advances, a revenue-based finance solution for startups
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In this world, there is no such thing as perfect security.
Every app or service you use — even the websites you visit — have security bugs. Companies go through repeated rounds of testing, code reviews and audits — sometimes even bringing in third-parties. Bugs get missed — that’s life, and it happens — but when they are uncovered, companies can get
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Read more: A bug bounty alone won’t save your startup — here’s why
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Notion, a startup that operates a workplace productivity platform, has raised $50 million from Index Ventures and other investors at a $2 billion valuation, the company told The New York Times.
A Notion spokesperson confirmed the raise and valuation to TechCrunch.
As startups across the board begin looking at layoffs or raising at less than
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Read more: Idea hits $2 billion valuation in new raising
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Lunar, the Nordic challenger bank that started out life as a personal finance manager app (PFM) but since acquired a full banking license last year, has extended it Series B round with an additional €20 million in funding. It brings the Series B total to €46 million, having disclosed €26 million in August last year.
The Series B extension is led by
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Read more: Nordic challenger bank Lunar adds €20M to its Series B
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Yesterday we explored what the SaaS world thinks about churn. A cohort of SaaS executives surveyed by Gainsight are expecting medium-bad churn (our take on their reported forecasts); select software companies will see booming
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Read more: SaaS growth appears to slow as churn concerns rise
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Time is money, as the old adage goes, and this is doubly true in healthcare systems operating with thin margins now made even thinner thanks to the loss of revenue caused by a freeze on elective procedures.
Stepping in with a technology that automates much of the time-consuming back-end processes hospitals and healthcare providers need to keep up
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Flagship Pioneering, the Boston-based biotech incubator and holding company, said it has raised $1.1 billion for its Flagship Labs unit.
Flagship, which raised $1 billion back in 2019 for growth-stage investment vehicles, develops and operates startups that leverage biotechnology innovation to provide goods and services that improve human health
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The COVID-19 pandemic has shifted their pace, focus and interests

As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital.
But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s not hard to find investors who s
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Read more: How 6 top VCs are adapting to the new uncertainty
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I recently had a scheduled video conference call with a Fortune 100 company.
Everything on my end was ready to go; my presentation was prepared and well-practiced. I was set to talk to 30 business
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Computer vision techniques used for commercial purposes are turning out to be valuable tools for monitoring people’s behavior during the present pandemic. Zensors, a startup that uses machine learning to track things like restaurant occupancy, lines and so on, is making its platform available for free to airports and other places desperate to take
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Read more: Activity-monitoring startup Zensors repurposes its tech to help coronavirus response
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The technology that runs our companies these days is staggering in its complexity. We have moved from a monolith to a microservices world, from boxes to SaaS, and while that has added agility to the enterprise, it has come at the cost of a metric f-ton of services and software platforms required by every team in the building.
CIOs need a place to
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Read more: CIOs are dead tired of dumb tech. Pulse has $6.5M to help them help each other
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Maurice Werdegar is the longtime CEO of venture debt shop Western Technology Investment, one of the most active venture debt lenders in the U.S.
It’s also one of the older firms, having loaned out money for roughly 40 years to startups that needed to achieve certain milestones, reach profitability or wanted additional runway and didn’t necessarily w
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Bluetooth location beacon startup Estimote has adapted its technological expertise to develop a new product designed specifically for curbing the spread of COVID-19. The company created a new range of wearable devices that co-founder Steve Cheney believes can enhance workplace safety for those who have to be co-located at a physical workplace even
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Read more: Estimote launches wearables for workplace-level contact tracing for COVID-19
Write comment (94 Comments)GDPR and other data protection and privacy regulations — as well as a significant (and growing) number of data breaches and exposées of companies’ privacy policies — have put a spotlight on not just the vast troves of data that businesses and other organizations hold on us, but also how they handle it. Today, one of the companies helping them cope
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Read more: Collibra nabs another $112.5M at a $2.3B valuation for its big data management platform
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Philter Labs aims to reduce the stigma associated with vaping tobacco and cannabis. The company’s product is simple enough: It’s a portable filter that, to my surprise, eliminates nearly all secondhand smoke and vapor.
The company today is announcing an additional $1 million in funding from a private equity firm that invests in the cannabis
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Write comment (100 Comments)What do you do if you’re an event discovery startup and suddenly it’s illegal to attend events? You lean into the cultural shift and pivot. Today, $11 million-funded calendar app IRL is morphing from In Real Life to In Remote Life. It will now focus on helping people find, RSVP for, plan, share and chat about virtual events, from live-streamed con
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Read more: IRL pivots into virtual event calendar In Remote Life
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Scoutbee, the supplier discovery platform, has rolled out a new free tool for organisations helping to fight the coronavirus pandemic and who are in need of critical supplies.
Targeting NGOs, public bodies, local and national governments and healthcare providers, the platform does real-time analysis of terabytes of global supply chain data to
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
This morning we’re talking about churn — the bane of software-as-a-service (SaaS) companies big and small — in the new world we find ourselves in. SaaS companies, from startups to huge public firms, have built their businesses under
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Read more: How bad will SaaS churn get in the downturn
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As the largest federal stimulus package in the history of the United States, the Coronavirus Aid, Relief and Economic Security Act, injects a planned $2.2 trillion into the U.S. economy, fintech startups are angling to get a seat at the table when it comes to distributing the cash.
“In the last crisis, banks stepped away from the kinds of lending t
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Read more: Lending startups are angling for new business from the COVID-19 bailout
Write comment (94 Comments)Ikea, the Swedish home furnishings and decor giant, has been one of the leaders among retailers when it comes to adapting to tech innovations that impact its business, being one of the first to launch augmented reality applications, partnering with others to develop smart home devices and launching a business unit to build that out further,
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Read more: Ikea acquires AI imaging startup Geomagical Labs to supercharge room visualisations
Write comment (95 Comments)TechCrunch Disrupt San Francisco is known worldwide as the place where the early-stage startup area gathers to discover and release, connect and also work together. We understand COVID-19 has developed obstacles, however Disrupt SF is still on routine (maintain tabs on our updates below). Like startup owners all over, we quickly find out where, when and also how to
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Read more: Take your shot: Apply to TC Top Picks at Disrupt SF 2020
Write comment (95 Comments)The global coronavirus pandemic has already caused a tremendous strain on healthcare resources around the world, and it’s leading to a shift in how healthcare is offered. Startup Forward, which debuted in 2016 and has since expanded its tech-focused primary care medical practice to locations in major cities across the U.S., is launching a new
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Encore, the U.K. marketplace that lets you find and book a musician or band online for your event, is launching a new online product to help musicians find an additional revenue stream during the coronavirus pandemic, and bring a little joy to all of us.
Dubbed musical messages, the new offering lets you pay one of Encore’s musicians to create and s
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Read more: Encore’s musical messages let you commission a video performance to send to loved ones
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It’s highly unlikely that the current coronavirus crisis will be neatly and fully “solved” by any one endeavor or solution, which makes new studies like one involving startup WHOOP’s wrist-worn fitness and health tracking wearable all the more important. The study, conducted by the Central Queensland University Australia (CQUniversity), in
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Celularity, the venture-backed developer of novel cell therapies for cancer treatments, has received an initial clearance from the Food and Drug Administration to begin early-stage clinical trials on a potential treatment for COVID-19.
The company, which has raised at least $290 million to date (according to Crunchbase), uses “Natural Killer” (NK) c
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Azimo, the London-headquartered international money transfer service, has partnered with Thailand’s Siam Commercial Bank (SCB) to deliver instant payments for its customers from Europe to SCB bank accounts in Thailand.
According to the World Bank, Thailand is one of the top remittance destinations globally, with $6.7 billion received from abroad
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In just a few weeks, homeschooling has gone from a rarity to a baseline in homes across the country.
Jonah Liss, a 16-year-old student at International Academy of Bloomfield Hills in Michigan, was sent home out of precaution due to the coronavirus outbreak.
While the transition has been okay for Liss, who has used some of the extra time to create a
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Read more: What happens to edtech when kids go back to school
Write comment (94 Comments)Social entrepreneurship pioneer Jim Fruchterman has launched a new nonprofit, Tech Matters, with $1.7 million in backing from corporate and foundation sources, including Twilio, Okta, Working Capital, Facebook and Schmidt Futures.
Tech Matters is Fruchterman’s new vehicle to address what he sees as a crippling weakness in the social good sector: t
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When three former employees of Revolut founded Flux in 2016, the mission was clear: build a platform to bridge the gap between the itemised receipt data captured by a merchant’s point-of-sale (POS) system and what little information typically shows up in your bank statement or mobile banking app.
Off the back of this, the young fintech saw an
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Read more: Flux and Pleo partner to bring itemised digital receipts to Pleo’s ‘smart’ expense cards
Write comment (91 Comments)The Centers for Illness Control and also Avoidance (CDC) guidelines and also the COVID-19 pandemic has actually risen event terminations throughout the country. Technology workforces have actually discovered means to stay effective: back-to-back Zoom telephone calls, work-from-home delighted hrs as well as more Twitter strings than anybody asked for.But Jason Craparo, the founder of events system Hio,
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Read more: Hio intends to place networking occasions back on your remote-only calendars
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