StrideUp, a U.K. startup founded last year by Sakeeb Zaman and Rohan Trivedi, both formerly of Deutsche Bank, wants to make shared home ownership more readily available within the private housing sector. The company, which launched in the summer, lets you buy a portion of your home while you continue to rent the remainder. Read More
from TechCrunch
Co-working space giant WeWork will acquire Meetup, according to Crunchbase News. The report says Meetup chief executive officer and co-founder Scott Heiferman shared the news with employees at a company-wide meeting on Monday. Read More
from TechCrunch
French startup Doctolib is raising money for the second time in the past twelve months. The company is building a sort of Salesforce for the healthcare industry with a big emphasis on bookings. Doctolib just raised $42 million (€35 million) from Eurazeo and existing investor Bpifrance. The startup announced another round of funding back in January 2017. If you combine those two rounds,… Read More
from TechCrunch
A SoftBank Group-led team of investors has made an offer to buy Uber’s shares in a tender offer that would value the company at about a 30% discount to Uber’s last private valuation of nearly $70 billion, a source with knowledge of the proposed deal tells TechCrunch. We’re hearing that the proposed price per share is $32.95, which works out to under $50 billion. Bloomberg… Read More
from TechCrunch
It’s been just ten days since Stitch Fix debuted on the stock market and after soaring 24% on shopping holiday “Cyber Monday,” Stitch Fix has risen almost 54% since it went public. The fashion styling business got off to a rough start, but quickly turned things around as it started to gain momentum by its third day of trading. To recap, Stitch Fix originally priced its IPO… Read More
from TechCrunch
SpaceX filed a new amended update to its $351 million funding round from this summer, adding around $100 million to the round in newly disclosed funds and bringing the total to $450 million. The new follow-on funding puts SpaceX’s total post-money valuation at SpaceX spokesperson James Gleeson provided the following statement regarding the amended filing: “This filing simply… Read More
from TechCrunch
ClimaCell, a weather forecasting technology that uses wireless networks to create incredibly granular predictions, has raised $15 million to develop new products and expand beyond the U.S.
The Boston-based company’s service has broad applications across government and business, offering ways to better prepare for the increasing number of severe weather events that are occurring… Read More
from TechCrunch
More VC money sloshing around Europe: In what was probably one of the worst kept secrets in European VC, London-based Balderton Capital is announcing a new $375 million fund. I understand that it actually closed earlier this year, however, and I’m told has already been used to make ten investments. Read More
from TechCrunch
Pokémon Go creator Niantic has raised a new $200 million in funding, reports The Wall Street Journal. The Series B raise was led by Spark Capital, and includes participation from Founders Fund, Meritech, Javelin Venture Capital, You & Mr. Jones and NetEase, Inc. Spark partner Megan Quinn is also joining Niantic’s board as part of the new financing deal.
Niantic is known for its… Read More
from TechCrunch
In another example of Starling Bank jumping on the Open Banking/PSD2 train before legislation in the U.K. and Europe next year will force banks to do so, it is launching its latest API partnership: this time with Yoyo Wallet, the U.K.-based mobile payment and loyalty platform. Read More
from TechCrunch