As the market for virtual reality technology continues to grow, Apple has made an interesting acquisition that could further its role in the space. TechCrunch has confirmed that Apple has snapped up Faceshift, a startup based in Zurich that has developed technology to create animated avatars and other figures that capture a person’s facial expressions in real time.
There were… Read More
from TechCrunch
Jet.com, an e-commerce company with its sights on Amazon, has raised a fresh $350 million, and according to a report on Re/code has “verbal agreements” for another $150 million.
TechCrunch confirmed the details of the story with the firm.
Jet has managed several feats in its short life, including generating a tectonic quantity of buzz by raising capital aggressively before its launch. Read More
from TechCrunch
When Slack’s IPO window opens, it wants to be able to quickly spring into the public markets. Otherwise it could see sour conditions or botched IPOs by other tech companies shut the window before it rings the opening bell. That’s why Slack CEO Stewart Butterfield says its already getting its ducks in a row so its poised to IPO when the time comes. Today, Butterfield The Australian… Read More
from TechCrunch
Square’s IPO came in hot, bouncing more than 40 percent in its first day of trading. Priced conservatively, the offering did what all IPOs must do to set a positive narrative: rise.
In the ensuing days of trading, Square has slipped. Today, as TechCrunch reported, shares in Square fell for the third consecutive session. A good first day, it seems, does not a good first week make.
The… Read More
from TechCrunch
All major banks today offer a way for customers to bank online, but this is not stopping a rush of startups emerging to build new, mobile and online-only banks from the ground up. In one of the latest developments, Atom Bank, a UK mobile banking startup and app aimed at hip, youthful consumers that has yet to launch its commercial service, is today announcing that it has closed an £82… Read More
from TechCrunch
Placester, a service that helps real estate agents and brokers to serve their clients and market themselves better, today announced that it has raised a $27 million Series C round. The round includes New Enterprise Associates (NEA) and Romulus Capital, both of which previously invested in the company, too. Read More
from TechCrunch
There’s little doubt in my mind (and industry experts and VCs I talk to) that the local on-demand delivery space will soon get messy given the number of startups entering the space and the amount of venture being thrown at the opportunity. The latest to raise capital is Spain’s Glovo. Read More
from TechCrunch
It was only in July that Deliveroo raised $70 million in Series C funding, but today the London-headquartered company has announced that it’s been dining at the VC table again. Read More
from TechCrunch
It’s become a meme in tech circles, “IPOs are the new down round,” venture capitalists quip. The dreaded “down round,” when a startup raises capital beneath its prior valuation, is getting pushed back to the public markets. While most companies grow their value in the stock market, Square, Box and Hortonworks went public at market caps that were lower than what… Read More
from TechCrunch
SportPursuit, the flash sales site for ‘premium’ outdoor and sports gear, has raised £9.5 million in Series C funding. Investors this time around are Scottish Equity Partners (SEP), Grafton Capital, and existing backer Draper Esprit, bringing total funding for the London-based company to just shy of £16 million since launching in 2012. SportPursuit, which currently ships to over… Read More
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