Kabuku, a Tokyo-based startup that explores new uses for 3D printing, plans to expand around the world after raising a $6.1 million Series A round. The company runs Rinkak, an online marketplace that lets makers upload their 3D printed designs and sell them directly to consumers. Read More
from TechCrunch
Yixia Tech, the Beijing developer behind Chinese video blogging app Miao Pai, has raised $200 million in Series D funding from microblogging platform Weibo, Sequoia Capital, YG Entertainment, and other investors at a valuation of $1 billion. Read More
from TechCrunch
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