Target, America’s other favorite old-line retailer (the one that’s not Walmart, with the arguably better commercials), is buying the Alabama-based delivery startup Shipt in a $550 million all-cash transaction. The deal, announced today, is another example of how every single store in America is responding to the very real threat that Amazon will drink their milkshake and eat… Read More
from TechCrunch
Japanese company ispace has raised $90.2 million in a Series A funding round, an amount it’s calling the “largest ever” Series A in commercial space financing. The funding comes from Innovation Network Corporation of Japan, Development Bank of Japan, Tokyo Broadcasting System, Konika Minolta and others, and will help the company continue its progress towards a very… Read More
from TechCrunch
Crowdfunding service and Kickstarter-competitor Indiegogo is now offering an ICO service alongside its partner, MicroVentures. The company will allow users to participate in SEC-complaint ICOs and, like its slow-burning equity crowdfunding service, will pick and choose startups that match certain exacting criteria. These tokens sales will be SEC complaint and the sales are performed within… Read More
from TechCrunch
Just eight months after its last round of funding, events management platform Bizzabo has raised a $15 million Series B. The new round, which brings Bizzabo’s total funding so far to $30 million, was led by Pilot Growth Equity, with participation from Maor Investments and returning investors. Read More
from TechCrunch
There’s been pause since Southeast Asia last welcomed fresh venture capital, but one reload is on its way after NSI Ventures, an early investors in Indonesian unicorn and Uber rival Go-Jek, announced a first close of its second fund, which is targeted at $125 million. The firm, which is part of Singapore-based PE firm Northstar Group, said it has pulled in $75 million of committed… Read More
from TechCrunch
FreightHub, a Berlin and Hamburg-based startup that claims to be Europe’s first fully digital freight forwarder, has raised a $20 million Series A round, just 1.5 years since launch. The round is led by VC firm Northzone, with participation from existing investors. The latter includes Rocket Internet’s Global Founders Capital (GFC), Cherry Ventures, Cavalry Ventures, and La Famiglia. Read More
from TechCrunch
iZettle — the payments startup based out of Stockholm that competes against companies like Square, Paypal and SumUp to provide card transactions using smartphones and tablets as well as related accounting services — has raised another €40 million ($47 million), money that CEO and co-founder Jacob de Geer told TechCrunch would be used to expand into more markets beyond the 12 where… Read More
from TechCrunch
A who’s-who of celebrities, investors and celebrity investors have come together to invest $47 million into Aspiration, the company launched by a former speechwriter for President Bill Clinton to challenge the traditional banking industry. Read More
from TechCrunch
Co-working startup Mindspace recently raised $20 million as it gears up to launch its first two locations in the U.S. While Mindspace is looking to go big or go home in the U.S., it’s starting off slow with its first two locations in San Francisco and Washington, D.C. Mindspace started in Tel Aviv about four years ago and has since expanded to Germany, Poland and the U.K. Read More
from TechCrunch
Upstream Security, a new startup founded by two cyber security industry veterans, announced a $9 million Series A today to help protect connected vehicles and eventually autonomous cars. Today, that probably means a car using a service like OnStar to connect over the internet to your manufacturer for a menu of in-car services such as automated crash detection and stolen vehicle assistance. In… Read More
from TechCrunch