Getting the myriad of devices involved in the industrial internet of things provisioned and communicating with one another in a secure way will be one of the great technological challenges facing companies in the coming years. Xage (prounounced Zage) emerged from stealth today with a blockchain-based security solution that could help simplify this. The company also announced that Duncan… Read More
from TechCrunch
Boston biotech startup Gingko Bioworks has announced the raise of $275 million in Series D funding to build out its Bioworks3 production facility. The funding comes from previous investors Viking Global, Y Combinator’s Continuity Fund, Cascade Investment, Bill Gates, as well as new investor, General Atlantic. The company previously raised over $154 million, bringing the total up to… Read More
from TechCrunch
Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll. The company, formerly known as Bezahlt, has picked up €18 million of financing of its own, and already claims 5,000 customers. Read More
from TechCrunch
Paddle, a U.K. startup that offers software companies a single platform for the entire software sales process — including trials and licenses, payments, and analytics — has raised $12.5 million in further funding. Read More
from TechCrunch
Teabox, the company pioneered the concept of selling tea to direct to consumers online, has served up $7 million in fresh funding to grow its five-year-old business.
This new infusion of capital — last tea joke, I promise — is a Series B round that takes Teabox, which has head offices in India and Singapore, to just shy of $15 million in funding to date. The round was led by… Read More
from TechCrunch
Pace, a London startup that has developed tech that uses machine learning to let hotels set room prices dynamically based on demand, has raised £2.5 million in seed funding. The financing round is led by InterGlobe, with participation from Seedcamp, Speedinvest, and Amadeus Capital Partners. The company says it will use the new capital to invest in its tech and marketing teams. Read More
from TechCrunch
Sophia Amoruso famously founded the retailer Nasty Gal, growing it from an eBay store that sold vintage items to a darling of the fashion world that was seeing more than $300 million in sales at one point. Somewhere along the way, however, Nasty Gal lost its way. In the meantime, Amoruso is on to a new business, and now it’s venture-backed. Read More
from TechCrunch
Loans can be the hardest to get for the people who need them the most. An estimated 45 million Americans don’t have a credit score and others have trouble bringing up their scores, even if they are in a better financial position than in years past. While most lenders would consider low-income families with bad credit scores to be too risky, a startup called INSIKT believes that it… Read More
from TechCrunch
Here’s a great present for a sports fan this holiday season: Fanchest is a Brooklyn-based startup that curates and sends team-themed gift boxes as gift. The boxes start at $59 and include about $80 worth of apparel and gear from whatever pro or college team you choose. Today the startup has announced $4M in seed funding with a diverse group of investors like New Orleans Saints… Read More
from TechCrunch
One of the reasons recently IPO’d Stitch Fix became so popular among female shoppers is because of how it pairs the convenience of home try-on for clothing and accessories with a personal styling service that adapts to your tastes over time. But often, personal stylists bring their own subjective takes on fashion to their customers. A new startup called Lily aims to offer a more… Read More
from TechCrunch