Startup

Why do serial entrepreneurs keep jumping back in? What things might you learn the third, fourth, or fifth time around?

To find out, Extra Crunch Managing Editor Eric Eldon spoke to Drift CEO and founder David Cancel at TechCrunch Disrupt San Francisco. Cancel has spent more than 20 years founding SaaS companies, with exits including Compete

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LabGenius, a London-based startup applying AI and “robotic automation” to protein drug discovery, has raised $10 million in Series A funding.

The round is led by Lux Capital and Obvious Ventures, with participation from Felicis Ventures, Inovia Capital, Air Street Capital and existing investors. Also investing is Recursion Pharmaceuticals’ f

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Electric vehicle charging software EV Connect raises $12 million

EV Connect, the Los Angeles-based company that sells software to manage electric vehicle charging, has raised $12 million in a Series B round led by investors Mitsui - Co. and Ecosystem Integrity Fund.

The company has raised $25 million to date.

EV Connect’s cloud-based platform has an open standard architecture that is designed to be hardware a

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Venture capital firm Redpoint hires a ‘head of founder experience&

As access to top deals becomes more competitive, venture capital firms are creating new roles to attract top entrepreneurs. Now, in addition to recruiting top dealmakers, firms are bringing in culture experts and allocating roles to individuals who better understand and empathize with the founder journey.

In keeping with this trend, Redpoint

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SoftBank reportedly ends WeWork ownership debacle with a potential $1.7 billion windfall for Adam Neumann

After erasing more than $30 billion in projected shareholder value, Adam Neumann could walk away from the We Company with a windfall of as much as $1.7 billion, according to a report in The Wall Street Journal.

This is how the company will end, not with the pop of a successful public offering, but with a whimper from defeated investors probably

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Databricks announces $400M round on $6.2B valuation as analytics platform continues to grow

Databricks is a SaaS business built on top of a bunch of open-source tools, and apparently it’s been going pretty well on the business side of things. In fact, the company claims to be one of the fastest growing enterprise cloud companies ever. Today the company announced a massive $400 million Series F funding round on a hefty $6.2 billion v

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  1. Obvious Ventures makes CBD sporty with beam, which sells cannabis products to the GNC set
  2. Squarespace acquires social media authoring startup Unfold
  3. Medium says it will compensate writers based on reading time, not claps
  4. Figma’s Community lets designers share and remix live files
  5. Koio, the D2C luxury sneaker brand, raises $6 million