'If you are planning to raise money this year, just know your best case is probably Q4'

When this growth investor expects startups will be able to raise again

Earlier today, TechCrunch caught up with Chris Sugden, a managing partner at Edison Partners, to talk about the current fundraising market, what’s next for SaaS startups and if there’s any good news to be found in today’s market.

As the stock market continues to

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Business banking fintech Penta raises another €18.5M

Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round.

Leading the round is new investor RTP Global and existing investor HV Holtzbrinck Ventures. Also participating is ABN AMRO Ventures and Berliner Volksbank Ventures, and Finleap (the

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Edtech has been a hot category for investors for some time. Surging demand for better classes globally from new entrants to the knowledge economy has pushed revenues to new highs. Now, coupled with the rapid propagation of the coronavirus forcing dozens of colleges and universities to shut down and move entirely online, the sector is even further

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YC-backed EduRev wants to democratize online learning in India

As edtech startups emerge and expand in India, millions of students in the country now have an additional option to choose from when they prepare for competitive exams.

But despite the proliferation of cheap Android handsets and availability of some of the world’s cheapest mobile data plans, online learning platforms in India are struggling to

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Impossible Foods confirms $500 million fundraising, has raised $1.3 billion in total

Impossible Foods, the privately held meat replacement challenger to publicly traded Beyond Meat, said it has raised roughly $500 million in its latest round of funding.

The new investment brings the company’s total haul to $1.3 billion since it was founded nearly nine years ago.

The new financing was led by Mirae Asset Global Investments, with

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Have hundreds of unicorns missed their exit window as Q1 IPOs grind to a halt?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

As investors struggle to price the stock market as economic and political news continues to break, the private market is entering a rough period. It seems increasingly likely that the period of disruption due to COVID-19 will

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GiveVision partners with Sony to develop and manufacture wearables for people with visual impairments

GiveVision, the U.K. startup creating wearable technology to help “restore” sight to people with visual impairments, is partnering with Sony (via the Sony UK Technology Centre) to develop and manufacture its next generation device.

Specifically, GiveVision says it will be working with Sony UK Tec to help bring to market a new, lightweight version

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This startup got a meeting with Mark Suster by getting clever with Google ads

Startups have done some wild things to get the attention of VCs. In fact, Instacart founder Apoorva Mehta sent YC partner (at the time) Garry Tan a six-pack of beer through the service after missing the deadline for Y Combinator by two months.

Yesterday, the ingenuity of startups struck again.

Tadabase.io, an enterprise startup that offers no-code

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Oura raises $28 million for its health and sleep tracking ring

Smart rings are still a relatively young category in the wearable hardware world, but the Oura Ring seems to be a standout in terms of early success. The Oura Ring hardware is sleek and packed with sensors, allowing it to measure a user’s sleep patterns, take your body temperature and track activity, and now Oura has raised $28 million in Series B

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Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers.

Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders and SMEs — a

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With the globalized world going into partial or complete lock down over the Covid-19 pandemic, startups in the travel sector are facing a huge stress test and immediate disruption to business as usual as public health concern spirals and entire populations are encouraged or even forced not to travel.

The traditional travel hub of Europe has emerged

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Spectro Cloud launches with $7.5M investment to help developers build Kubernetes clusters their way

By now we know that Kubernetes is a wildly popular container management platform, but if you want to use it, you pretty much have to choose between having someone manage it for you or building it yourself. Spectro Cloud emerged from stealth today with a $7.5 million investment to give you a third choice that falls somewhere in the middle.

The

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While companies might pay for a CEO coach, lower level employees often get stuck with lame skill-building worksheets or no mentorship at all. Not only does that limit their potential productivity, but it also makes them feel stagnated and undervalued, leading them to jump ship.

Therapy… err… executive coaching is finally becoming destigmatized as en

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It’s amazing that in this day and age, the best way to search for new clothes is to click a few check boxes and then scroll through endless pictures. Why can’t you search for “green patterned scoop neck dress” and see one? Glisten is a new startup enabling just that by using computer vision to understand and list the most important aspects of the

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The Dispatch, a news organization built on Substack, passes $1M in annual revenue

Is there an audience for a center-right news publication focused on original reporting and analysis? That’s the proposition that The Dispatch set out to test when it launched last October, and the early results are promising. The startup says it’s now approaching 10,000 paying subscribers, adding up to more than $1 million in annualized revenue.

Edi

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HashiCorp soars above $5B valuation in new $175M venture round

The rise of the cloud over the past decade has forced software developers and DevOps engineers to completely rearchitect the modern web application, ensuring scalability, performance, and security. That’s a really painful proposition when done manually, which is where HashiCorp comes in to play. The company’s suite of products helps everyone in t

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Y Combinator’s Demo Day is a key soirée on the startup calendar. This year, however, instead of a packed room replete with short pitches and lackluster catering, Demo Day has gone virtual. Even more, it was moved up by a week, pushing the public debut of a host of companies to this coming Monday.

TechCrunch will be covering it closely, so make

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Addapptation snares $1.3M seed to build a better UX for Salesforce

Addapptation, a startup that wants to build a practical design layer on top of Salesforce and other enterprise tools, announced a $1.3 million seed investment today.

2048 Ventures led the round with participation from East Coast Angels, The Millworks II Fund and additional angel investors from New Hampshire, where the firm is located

Co-founder

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TransferWise partners with Alipay for international money transfers

TransferWise, the London-headquartered international money transfer service most recently valued by investors at $3.5 billion, has partnered with China’s Aliplay for international transfers.

The launch enables TransferWise’s now 7 million-plus users to be able to send Chinese yuan from 17 currencies to users of Alipay, which serves more than 1.2

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When concerns about the novel coronavirus — and subsequent changes in activity — are not bringing productivity to a halt (and perhaps especially in times of needing to be as efficient as possible), one of the bigger IT trends has been a push to streamline how people work by creating better integrations between the different apps that they use. Tod

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Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing the main show.

For folks hunting for our longer-form work, here’s last week’s episode with Danny

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I’ll admit it: When it comes to food, I’m lazy.

There are dozens of great dining

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From long payment cycles to antiquated processes on how to bill workers, the hefty inefficiencies of the construction industry are long overdue for innovation. 

Enter startups such as the large venture-backed Katerra and recently public companies such as Procore. Still, independent contractors or workers from small family businesses often can’t a

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Veteran VC Mike Volpi discusses investing and fundraising in ‘a very difficult time&

Last week, I talked with Mike Volpi, longtime Index Ventures partner and the former head of M-A at Cisco for many years before that. We originally planned to talk about Index and general market trends, and we did. The topics we discussed included whether self-driving technologies have attracted too much funding and the damage inflicted by

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Travel savings tool Service shuts down, citing COVID-19 downturn

Service, a tool that helped you get compensation when there are flight delays and find lower hotel rates after you’ve already booked, today said it would shut down its service.

The company, which launched in 2015, says it faced a fundraising round that collapsed two weeks ago and was in the middle of an acquisition that collapsed on Friday. It

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Startup founders are building companies on WhatsApp

In Asia, where I work as a partner at an early-stage VC firm, startups are regularly rolling out a minimum viable product (MVP) and then transacting on messaging apps.

Companies like shoe brand Portblue, AI e-commerce company Sorabel and Sama, an

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It’s no secret I’m a fan of the reMarkable, a tablet with a paper-like display that’s focused on text and sketching rather than rich media and games. The sequel to the original, announced today, looks to make a good thing even better.

Designed for the creation and consumption of monochromatic content like long documents, e-books, notes and

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We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and video call set-ups. Keyless office entry startup Proxy wants to

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

Today was something a bit special. We’d originally hoped to have this episode in person, as a group, but the world isn’t flying as much right now so we had to make do. Regardless, please say hello and welcome Natasha

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