One down, many more to go! The first episode of TechCrunch’s latest podcast, Equity, our venture capital-focused podcast is out.
This week, TechCrunch’s Matthew Lynley, CrunchBase editor-in-chief Alex Wilhelm and I sat down with investor and SaaStr founder Jason Lemkin to talk about Tesla’s $1 billion raise, the return of IPOs and recent acquisitions in the technology… Read More
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Enterprise software company MuleSoft will go public tomorrow and just priced their IPO at $17 – slightly above the proposed $14-16 range.
The company will start trading on the New York Stock Exchange tomorrow, under the symbol “MULE”. Founded in 2006, MuleSoft is an integration platform that helps help businesses use APIs to connect different types of software and… Read More
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True&Co., an e-commerce company founded with the mission of disrupting the lingerie industry by creating a new business model for selling bras and other undergarments, has been sold. Phillips Van Heusen (PVH), owner of Calvin Klein, Tommy Hilfiger and Izod, among other iconic brands, has acquired the startup and plans to use it to move deeper into online sales and big data… Read More
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Whether or not you like the so-called Internet of Things, the fact is that we do live in an internet of things, and every one of those things has a chip inside it. These chips are very advanced, of course, but also in many ways very traditional. Reduced Energy Microsystems wants to upend the status quo with a chip tech that the competition is too set in their ways to adopt. Read More
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Online fashion retailer ModCloth, known for its vintage-inspired and indie apparel, is on the verge of being acquired by Walmart, by way of its subsidiary, Jet.com. The deal, which had already been rumored, is almost finalized and will fetch a price tag between $50 million and $75 million, sources tell TechCrunch. This is a disappointing outcome for ModCloth, which had raised $78… Read More
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Helpling, the Rocket Internet-founded company that lets you book a range of home services online, is disclosing €10 million in new funding. The round was led by Asia Pacific Internet Group (APACIG), the joint venture between Rocket Internet and Ooredoo, and also includes a number of other existing investors. Read More
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After launching its first car last year, Alibaba is digging deeper into the automobile industry. The Chinese Internet and e-commerce behemoth is the lead investor in smart car tech developer WayRay’s $18 million Series B round, the startup announced. Read More
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SeedPlus, the early stage investment firm launched by Singapore-based VC firm Jungle Ventures last year, has snagged a strategic investment from IFC, the investment and asset management firm within the World Bank Group. IFC confirmed today that it has invested $2 million in the SeedPlus fund, the size of which has not been disclosed. The firm is also an LP with Jungle Ventures, which… Read More
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A startup called LimeBike has raised $12 million in venture funding to make Chinese-style bike sharing mainstream in the US. Andreessen Horowitz led the round joined by IDG Ventures, DCM Ventures and other investors who declined to be named. In China, companies like MoBike and Ofo have raised massive amounts of venture capital and distributed tens of thousands of their GPS-enabled bikes in… Read More
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500 Startups is increasing its commitment to global investing with a new Latin America fund, targeting $10 million, going by the name of Luchadores II, the Spanish word for wrestlers. The fund is 500’s second aimed at the region and one of a growing number of its seed investment vehicles targeted at underserved markets across Europe, Asia and The Americas.
The accelerator has been… Read More
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