RSS Startups – TechCrunch

  • Lookiero closes $19M led by MMC Ventures to be the Stitch Fix for Europe September 20, 2019
    Lookiero, the online personal shopping service for clothes and accessories, has closed a $19 million funding round led by London-based VC MMC Ventures with support from existing investor All Iron Ventures, and new investors Bonsai Partners, 10x and Santander Smart. The company will use the backing to expand in its main markets of Spain, France […]
    Mike Butcher
  • Clutter acquires The Storage Fox for $152M to add self-storage to its on-demand platform September 20, 2019
    The world of on-demand storage has seen some ups and downs, with some of the biggest hopefuls pivoting into new areas, some as unrelated as cryptocurrency, in the search for better product-market fit. One that found its groove early on, however, is today announcing an acquisition to expand its existing business into a new market category. […]
    Ingrid Lunden
  • The cult of the founder and Silicon Valley’s lack of moral authority September 20, 2019
    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.
    Kate Clark
  • Subscription email app Tempo hits the right minimalist notes September 19, 2019
    Email will likely never die, but if new apps can change how we think about using it, maybe it will feel like the worst parts have croaked. In the wake of popular apps like Inbox and Mailbox being sunsetted, like many, I’ve been left rudderless trying to find an email client that fills the void. […]
    Lucas Matney
  • Readying an IPO, Postmates secures $225M led by private equity firm GPI Capital September 19, 2019
    Postmates is expected to unveil its IPO prospectus this month.
    Kate Clark
  • Lime is shutting down car rental service, LimePod September 19, 2019
    Transportation startup Lime is shutting down LimePod, its car-sharing service that it launched last November in Seattle. Lime plans to start removing its vehicles from the streets of Seattle next month and will completely shut down the service by the end of the year. The news was first reported by GeekWire. Lime has operated a […]
    Megan Rose Dickey
  • Payments giant Stripe is raising another $250M at a $35B pre-money valuation September 19, 2019
    After a week of launching new services to bring payments giant Stripe into the areas of lending and credit, the company is announcing another big step forward to fuel its growth: it’s raising another $250 million in funding at a pre-money valuation of $35 billion, money to fuel more international expansion, launching more products and […]
    Ingrid Lunden
  • Wing will test drone delivery in the US with Walgreens and FedEx September 19, 2019
    Wing, the drone delivery company that started its life within the Google X lab before spinning out into its own thing under the Alphabet umbrella, is prepping for takeoff. The company announced this morning that it’s launching a test program in Virginia with Walgreens, FedEx and local retailer Sugar Magnolia. As part of the program, […]
    Greg Kumparak
  • How Automattic wants to build the operating system of the web September 19, 2019
    Automattic, the company behind WordPress.com, WooCommerce, Longreads, Simplenote and soon Tumblr, is now worth $3 billion. But its founder and CEO Matt Mullenweg has a bigger goal. He wants to make the web better, more open and diverse. With the rise of social networks and closed platforms, Automattic’s mission statement has never sounded so important. […]
    Romain Dillet
  • Groww, an investment app for millennials in India, raises $21.4M September 19, 2019
    Of the 1.3 billion people who live in India, more than 100 million of whom are using digital payment apps each day, only about 20 million today invest in mutual funds and stocks. An Indian startup that is betting on changing that figure by courting millennials has just received a big backing. Groww, a Bangalore-based […]
    Manish Singh
  • Daily Crunch: Automattic raises $300M September 19, 2019
    The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Automattic raises $300 million at $3 billion valuation from Salesforce Ventures Automattic, the company behind WordPress.com, WooCommerce and soon Tumblr, has […]
    Anthony Ha
  • Marissa Mayer and Alfred Lin are coming to Disrupt SF 2019 September 19, 2019
    Twenty+ startups, each with six minutes to tell the world what they’re about. If they can prove to our panel of judges that they’re the best of the best, they’ll walk away with $100,000 and their name forever etched on the Disrupt Cup. That’s the core idea behind the Startup Battlefield, a pillar of TechCrunch […]
    Greg Kumparak
  • Darkstore raises $21 million Series B round September 19, 2019
    Darkstore, the tech-driven fulfillment solution to enable e-commerce companies to offer same-day delivery, just raised a $21 million Series B round led by EQT Ventures. The deal will bring EQT principal Laura Yao to Darkstore’s board of directors. This Series B round comes less than one year after Darkstore raised a $7.5 million Series A […]
    Megan Rose Dickey
  • Airbnb says it will go public next year September 19, 2019
    Airbnb has said that it will have its initial public offering in 2020. The company is one of the last of the big unicorn herd that grew up roughly a decade ago (a herd that includes Uber, Lyft, The We Company and Postmates) to declare its public market intentions. Yesterday evening the company announced it […]
    Jonathan Shieber
  • Ginkgo Bioworks’ dev shop for genetic programming is now worth $4 billion September 19, 2019
    Ginkgo Bioworks is now worth $4 billion after a $290 million capital infusion that will give the company the cash to dramatically expand its developer shop for genetic programming. The Boston-based company is one of a handful of U.S.-based early-stage companies that are on the forefront of developing the tools to modify genetic material for […]
    Jonathan Shieber
  • ‘The best VC on Instagram’ is now VC-backed September 19, 2019
    @thingtesting wants to become the ultimate review platform for D2C products.
    Kate Clark
  • Quilt Data launches from stealth with free portal to access petabytes of public data September 19, 2019
    Quilt Data‘s founders, Kevin Moore and Aneesh Karve, have been hard at work for the last four years building a platform to search for data quickly across vast repositories on AWS S3 storage. The idea is to give data scientists a way to find data in S3 buckets, then package that data in forms that […]
    Ron Miller
  • Impossible Foods will debut in SoCal grocery stores on Friday as first step in phased national rollout September 19, 2019
    Congratulations Southern California Gelson’s store shoppers, you’re getting Impossible Foods on your grocery shelves. The meatless ground meat substitute will be appearing in stores across Southern California as the first step in a phased nationwide rollout on Friday. With the step into groceries, Impossible Foods moves into direct competition with its bigger, publicly traded rival Beyond […]
    Jonathan Shieber
  • Rocket Lab moves closer to opening US launch facility with landing pad completion September 19, 2019
    Rocket Lab is nearing completion of its second launch facility — its first in the U.S., located on Wallops Island in Virginia. The company announced that it has finished installing the launchpad at Launch Complex 2, which is set to finish construction as early as the end of this year, with the first launches taking […]
    Darrell Etherington
  • Automattic raises $300 million at $3 billion valuation from Salesforce Ventures September 19, 2019
    Automattic, the company behind WordPress.com, WooCommerce and soon Tumblr, has closed a $300 million funding round at a $3 billion post-money valuation. The Series D round has a single investor, Salesforce Ventures. Funding rounds are something special for Automattic . While the company has been around for nearly 15 years, it hasn’t raised a ton […]
    Romain Dillet