European online charity auction platform CharityStars, which counts eBay as its main competitor (in addition to ChaityBuzz and IfOnly), has closed a modest €2 million in Series A funding. The round is led by 360 Capital Partners, with participation from A.S. Roma soccer player Stephan El Sharaawy, and LastMinute Group CEO Fabio Cannavale. Read More
from TechCrunch
Walmart Stores is buying Jet.com in a deal worth $3 billion dollars according to a source with direct knowledge of the deal, confirming reports that have been pouring in about the bid for Jet.com all week. According to our source the signatures for the deal were dry on Friday and will be announced as early as Monday morning — echoing what was reported in both Bloomberg and Recode.… Read More
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Tech unicorn and sharing economy darling Airbnb has informed the State of Delaware that it’s raising another heap of cash. TechCrunch independently verified that Airbnb indicated in a 28 page filing on July 28th that it has plans to bring in additional late-stage capital. Almost a year after its last raise of $1.6 billion, the company is said to be adding $850 million to its… Read More
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The team from a startup called Eyegroove, a “musical selfie” app, has joined Facebook. According to a message on the company’s website, most of the small team who worked on the app will now be focused on building new experiences for Facebook users that will help them to “create, share and connect.” Founded in late 2013, the Eyegroove application was the… Read More
from TechCrunch
The team from a startup called Eyegroove, a “musical selfie” app, has joined Facebook. According to a message on the company’s website, most of the small team who worked on the app will now be focused on building new experiences for Facebook users that will help them to “create, share and connect.” Founded in late 2013, the Eyegroove application was the… Read More
from TechCrunch
Word just started going around the rumormill that Apple has acquired Turi, a company that describes itself as a “machine learning platform for developers and data scientists.” We reached out to Apple for confirmation, and sure enough — we got the standard reply they give when they’re confirming an acquisition but not saying much else: “Apple buys smaller… Read More
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Deliveroo, a popular on-demand restaurant food delivery startup in Europe, has raised another $275 million in funding, a Series E investment that we have heard from sources values the company at around $1 billion. This latest round is led by new investor, Bridgepoint, previous investors DST Global and General Catalyst, and also had participation from existing investor Greenoaks… Read More
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U.K. startup Network Locum, which has built a staffing platform and workplace management software targeting the U.K.’s National Health Service, has acquired a smaller locum GP-booking platform, Leicester-based RLocums, which operates across the East Midlands. Read More
from TechCrunch
The average seed round in the nascent cannabis industry in the U.S. hovers around $1 million, according to hemp and cannabis-focused investment research by Poseidon Asset Management.
But Denver-based Baker has raised $1.6 million in seed funding for software that helps marijuana dispensaries win new customers, eliminate long lines in stores, and retain and reward their best customers for… Read More
from TechCrunch
Insert is the new startup from the team behind app development company Worklight (which was acquired by IBM for $70 million). Today it’s announcing that it has raised $10 million in Series A funding. Insert CEO Shahar Kaminitz said that where Worklight (where he was founder and former CEO) was focused on “the core development of the application,” he’s come to realize… Read More
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