Read more: YFood puts away $16M to develop out its meal-in-a-bottle as well as sandwich shop company
Write comment (91 Comments)French startup Alan has raised a $54.4 million (€50 million) Series C funding round. Temasek is leading the round with existing investors (such as Index Ventures) also participating. Overall, Alan has raised $136 million (€125 million) over the past four years.
Alan has built a health insurance product for the French market. The company first
Read more: Alan increases one more $54.4 million for its health insurance policy product
Write comment (95 Comments)Vestiaire Collective just closed another big round of funding in the middle of an economic crisis — the round closed in early April. The startup raised $64.2 million (€59 million) and the company has raised over $240 million over the year according to CrunchBase. Vestiaire Collective operates a marketplace of pre-owned fashion items. Users can
Read more: Vestiaire Collective raises $64.2 million for its pre-owned fashion system
Write comment (98 Comments)After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government today unveiled plans for a new “Future Fund” designed to ensure high-growth companies — namely, startups — across the U.K. receive enough investment to remain viable during the coronavirus crisis.
Initially, the U.K. government is pledging a total
Vox Media is making a number of cutbacks in response to the economic fallout from the COVID-19 pandemic.
In addition to Vox itself, the digital media company owns properties including Curbed, Eater, Recode, SB Nation and The Verge — and it acquired New York Magazine last year.
In a staff memo obtained by TechCrunch (and others), CEO Jim Bankoff
Read more: Vox Media is cutting pay and likewise furloughing 9% of employees
Write comment (92 Comments)A lot of startups have answered the call for more personal protective equipment (PPE) and other essentials to support healthcare workers in their efforts to curb the spread and impact of COVID-19. One of those is direct-to-consumer 3D-printed eyewear brand Fitz, which is employing its custom-fit glasses technology to build protective, prescription
Welcome to a look back at the past week in security and what it means for you. Each week we’ll look at the big news of the week and why it matters.
What will the world look like after the coronavirus pandemic subsides?
Some of us are now in our fifth week of sheltering in place, but there’s no fixed end-date in sight. We’ve gone from a period of con
Read more: Decrypted: Post-coronavirus, Auth0’s close call, North Korea warning, Awake’s Series C
Write comment (93 Comments)Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.
Yesterday news broke that Robinhood is on the hunt for new capital at a roughly flat valuation, per friend of the blog Katie Roof. If you are a bit confused by the news, I understand. Robinhood went through a gauntlet of bad press
Read more: Saving, not costs, is the brand-new hotness in fintech
Write comment (94 Comments)Building a startup is hard enough. But COVID-19, our generation’s worst plot twist, gives new meaning to uncertainty and stress. No one had “pandemic” on their early-stage startup’s radar, which begs the question: How do you move your business forward in unprecedented times?
It’s a huge challenge, and we’ve worked hard to find a way to help you kee
Read more: Presenting the Digital Startup Street Plan for Disrupt SF
Write comment (100 Comments)Read more: Club voice chat leads a wave of spontaneous social apps
Write comment (90 Comments)Codementor, an online education platform for software developers, is launching Code Against COVID-19 to match volunteers with software projects to fight the pandemic. The initiative, which Codementor is not making money from, wants to connect coders with universities, non-profits, local government agencies and other organizations.
Some of the
Read more: Codementor releases Code Against COVID-19 to match volunteers with software program jobs
Write comment (96 Comments)It would be easy to assume that Verizon’s purchase last week of video-conferencing tool BlueJeans was an opportunistic move to capitalize on the sudden shift to remote work, but the ball began rolling last June and has implications far beyond current work-from-home requirements.
The video-chat darling of the moment is Zoom, but BlueJeans is
Read more: Verizon's BlueJeans acquisition is around greater than the work-from-home trend
Write comment (97 Comments)Before the COVID-19 pandemic shook up the world and reshaped the economy, Boston was quietly setting records.
According to new venture data compiled by TechCrunch, the region set what was at least a local maximum in venture capital raised in the space of a single quarter
Read more: Leading capitalists forecast what remains in development for Boston's VC scene in Q1
Write comment (91 Comments)Schools have been closed for the past month in France. That’s why French startup Molotov is leveraging its over-the-top TV service to offer content for children of all ages. In particular, the company has partnered with SchoolMouv, a company that offers videos, exercises and more.
Dubbed “Molotov for School”, the new section lets you find videos t
Read more: Molotov companions with SchoolMouv to provide video clip lessons
Write comment (91 Comments)After being forced to quickly shift plans and stage a remote demo day last month following the outbreak of COVID-19 stateside, Y Combinator announced today that they will officially be fully moving their next batch to a remote format.
In a post today on Y Combinator’s site, YC CEO Michael Seibel announced the move. “We have decided to run the S20 b
Read more: Y Combinator officially moves its next accelerator class to completely remote format
Write comment (100 Comments)Another startup has turned to downsizing and fund raising to help weather the uncertainty around the economy amid the global coronavirus health pandemic. People.ai, a predictive sales startup backed by Andreessen Horowitz, Iconic, Lightspeed and other investors and last year valued at around $500 million, has laid off around 30 people, working out
On-demand mobility, when done successfully, strikes a balance between demand and supply while providing reliable service and making a profit. It’s a sweet spot that can be difficult, if not impossible, to find.
Autofleet, a startup that develops fleet optimization software to redirect underused vehicles into ride-hailing and delivery services,
Read more: Autofleet raises $7.5 M to assist fleets place idle lorries right into drive
Write comment (91 Comments)If you have ever attended (or tuned into) one of Monzo’s many community events, you are likely familiar with the work of Simon Balmain. An early employee of the challenger bank, he has played a long term role in helping to build Monzo’s customer support and community efforts and was often seen emceeing events.
Now TechCrunch has learned that
Bradley Tusk has carved a unique path in the VC investment landscape: A longtime political and communications operative, he has built a track record for Tusk Ventures by going after highly regulated industries, rather than shying away from them.
Whether it is ride-hailing, sports betting, cannabis or myriad other regulated sectors, Tusk takes the
Read more: Bradley Tusk on starting a company and seed investing in the coronavirus period
Write comment (90 Comments)In a message posted to its internal communications channel earlier this week, the massive startup accelerator Y Combinator said it will change the terms of its own PPP (the YC pro rata investment program) and investing in companies raising seed and Series A rounds on a case-by-case basis.
The company began a policy of investing in every seed and
Read more: Unlearn.AI nabs $12M to develop electronic doubles to speed up and improve clinical tests
Write comment (90 Comments)Does working from home have to mean sitting in a chatroom all day or always being available for a video call?
Real-time chat and video platforms are great for building camaraderie and maintaining a sense of connection with remote teams, but when you need to focus for a few hours, it can be tough to tune out the endless GIFs and notifications.
Some
Starting tomorrow, 777 supermarkets in California, Illinois, Indiana, Iowa and Nevada will begin stocking the Impossible Foods plant-based meat substitute.
Fueling the increased distribution and a push to expand its product suite and geographic footprint domestically and internationally is a $500 million round of funding the company closed in March.
Read more: Difficult Foods presents to virtually 1,000 new grocery shops and grocery stores
Write comment (90 Comments)Good morning and welcome back to TechCrunch’s Equity Monday, a brief jumpstart for your week. Regular Equity episodes still drop each and every Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re only adding. In fact, last week’s show (with Danny Crichton and Natasha Mascarenhas) was a blast, and you should check
Read more: Equity Monday: What’s Clubhouse and why Marc wants us to build
Write comment (93 Comments)Read more: Daily Crunch: Stripe now valued at $36B
Write comment (91 Comments)Savvy, a healthcare cooperative, has just raised an undisclosed amount of funding from Indie.vc.
Established as a cooperative that shares profits with its users, Savvy connects patients with healthcare companies and other providers looking to better serve people through products and services. Patients can take paid gigs that include tasks like
Read more: Healthcare co-op Savvy snags venture funding from Indie.vc
Write comment (95 Comments)