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StartUp
Around 70% of the world’s population now has some form of bank account or — thanks to mobile phones — a facility to receive and send money virtually, according to the World Bank. But when it comes to people crossing borders and setting up lives in new countries, they essentially leave behind their financial histories, starting again from scratch in
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Read more: Nova Credit banks $50M to expand its service sourcing credit reports across borders
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Remember when “mobility” meant laptops and cell phones? Those were quaint times. Now the category encompasses the future of transportation — everything from flying cars and autonomous vehicles to delivery bots and beyond. There’s no better place to explore this rapidly moving industry than TC Sessions: Mobility 2020, our day-long conference in San
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Read more: Show off your startup at TC Sessions: Mobility 2020
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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
Write comment (90 Comments)Much has been made about the roles and responsibilities of board members these days. This is especially true in the venture-backed
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Read more: Mike Volpi on the art of board membership
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There was a lot of moving and shaking in the cybersecurity unicorn world in 2019.
It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike went public valued at $3.35 billion and Cloudflare rocketed 20% in its first day on the stock market.
Clearly, the cybersecurity market is booming. Recent data suggests that
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Read more: Meet 5 cybersecurity unicorns that could IPO in 2020
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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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Model9, an Israeli startup launched by mainframe vets, has come up with a way to transfer data between mainframe computers and the cloud, and today the company announced a $9 million Series A.
Intel Capital led the round with help from existing investors, including StageOne, North First Ventures and Glenrock Israel. The company reports it has now
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Read more: Model9 gets $9M Series A to move data between mainframes and cloud
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German fintech startup N26 is shutting down its operations in the U.K. Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money at an ATM, as all accounts will be automatically closed on April 15, 2020.
Many European fintech companies take advantage of a European
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Read more: N26 exits UK market following Brexit
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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
Write comment (94 Comments)The worlds of artificial intelligence and cybersecurity have become deeply entwined in recent years, as organizations work to keep up with — and ideally block — increasingly sophisticated malicious hackers. Today, a startup that’s built a deep learning solution that it claims can both identify and stop even viruses that have yet to be identified ha
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Alpha Foods, the vegetarian prepared food manufacturer, has raised $28 million in financing for its portfolio of vegetarian burritos, tamales, nuggets, pizzas, burgers, patties and sausages.
The Glendale, Calif.-based company was launched by Loren Wallis, the founder of the dairy substitute, Good Karma Foods, and Cole Orobetz, a former director
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Read more: Alpha Foods raises $28 million for its vegetarian prepared foods
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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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Last year we embarked on a mission to democratize information for startups, and today we are celebrating the one-year anniversary of our membership program, Extra Crunch.
Since launching Extra Crunch, we’ve published more than 1,000 articles, onboarded a few new hires, overhauled our technical infrastructure, expanded into five new European c
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Read more: Extra Crunch Anniversary: 9 lessons from building a media subscription product
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Sixgill, an Israeli cyberthreat intelligence company that specializes in monitoring the deep and dark web, today announced that it has raised a $15 million funding round led by Sonae IM, a fund based in Portugal, and London-based REV Venture Partners. Crowdfunding platform OurCrowd also participated in the round, as did previous investors Elron
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Read more: Sixgill raises $15M to expand its dark web intelligence platform
Write comment (93 Comments)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
Write comment (96 Comments)Europe has emerged as a key region for hatching and scaling fintech companies. And today, one of the more prominent fintech startups is announcing a large round of funding, from a mix of strategic investors, to keep growing its business.
Dublin-based Fenergo builds solutions for banks and other financial management companies to help with regulatory
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There have been plenty of stories written about the so-called “Slack-lash” and the growing unrest among workers dealing with DM interruptions that take their attention away from the task at hand. Slack is a poster child for the problem, but VCs have invested heavily in a number of collaboration tools over the past several years that have com
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Read more: Google backs productivity startup building algorithmic inbox for Slacks, emails and texts
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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 (98 Comments)11 entrepreneurs share their hopes and predictions for the year ahead

To get a better sense of what lies ahead for the European startup ecosystem, we spoke to several investors and entrepreneurs in the region about their impressions and lessons learned from 2019, along with their predictions for 2020.
We asked for blunt responses, and we weren’t d
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Read more: European founders look to new markets, aim for profitability
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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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It often feels like half of the new security startups that receive funding are from Israel. As YL Ventures’ Yoav Leitersdorf and Ofer Schreiber wrote last month, investments in Israeli cybersecurity startups increased to $1.4 billion last year, with average seed rounds of $4.7 million, up 30.5% from 2018.
I spent some time on the ground at
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Read more: Israel’s maturing cybersecurity startup ecosystem
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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 (91 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)Spaceflight Industries to sell its satellite rideshare launch business to JapanMitsui Co. and Yamasa

Spaceflight Industries, owner of both Spaceflight, Inc. and BlackSky, is selling the Spaceflight, Inc. portion of its business to Japanese industrial megacorporation Mitsui - Co, and Yamasa both of which will co-own the company in a 50/50 joint venture after its closing. The deal will see Spaceflight continue to operate as an independent
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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 (97 Comments)The market has tightened expectations for ride-hailing companies

Hello and welcome back to our regular look at private companies, public markets and the gray space in between.
This afternoon we’re digging into Lyft’s earnings results, unpacking the company’s performance, the market’s expectations and why shares in the American ride-hailing giant are
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Read more: Profitability expectations ding Lyft despite better-than-expected growth
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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
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