Barcelona-based blue-collar recruitment app CornerJob has closed a $19 million Series C. The new financing will be used for product development, says CEO David Rodriguez, as well as bolstering its position in “strategic markets” and expanding into some new ones. Read More
from TechCrunch
Shipamax, a London-based startup and recent graduate of Silicon Valley accelerator Y Combinator, has raised $2.5 million in seed funding, money it plans to use to continue building and marketing its cloud software platform for the bulk shipping industry. Leading the round is Cherubic Ventures, with participation from AME Cloud, and FF Angel. Read More
from TechCrunch
SoftBank’s huge $100 billion investment fund — the largest tech fund in history — announced its first close today… and it’s huge. The Japanese telecom giant revealed that its VisionFund has closed an initial commitment of $93 billion from a bevy of high profile backers. They include Apple, Qualcomm, UAE-based Mubadala Investment Company, Saudi Arabia’s… Read More
from TechCrunch
What do people actually want in luggage? A phone charger, unbreakable exterior, and maximum packing space at a resonable price is what Away discovered. So it built a line of sleek but expansive polycarbonite suitcases equipped with battery packs, and sold them direct-to-consumer. Now after selling nearly 100,000 suitcases and generating $20 million in revenue, Away has raised a $20 million… Read More
from TechCrunch
Spotify has made its fourth acquisition of the year after it announced that AI startup Niland has joined its ranks. Paris-based Niland offered an API-based product focused on providing more accurate search and recommendation options for music. Spotify said the French company will join its R&D team which is based in New York to help hone its personalization and recommendation features… Read More
from TechCrunch
Brit + Co, the media startup founded by Brit Morin, is announcing an additional $15 million in funding led by Verizon Ventures. Former Uber president and Target CMO Jeff Jones will also be joining the startup as an advisor. San Francisco-based Brit + Co will be using the funding to expand its digital content business that targets women. Read More
from TechCrunch
No one, it seems, has come up with a good way to harness all the videos, photos, and tweets that budding creators post every day on YouTube, or the Facebook media juggernaut, or its smaller Snap-pier rivals. Read More
from TechCrunch
The Farmer’s Dog wants to fill the bowls of canines everywhere with fresh food made especially for them. Based in New York City, the startup plans to expand its dog food delivery service after closing a $8.1 million Series A round led by Shasta Ventures. Returning investors Forerunner Ventures, Collaborative Fund, and SV Angel also participated. Read More
from TechCrunch
Qupital, a one-year-old Hong Kong-based startup that addresses cash flow issues for SMEs, has closed a $2 million seed funding round. The is certainly a notable size for an early stage investment in Hong Kong’s nascent but growing startup scene. The financing was led by Hong Kong-London firm MindWorks Ventures and the $130 million Alibaba Entrepreneurs Fund which launched in 2015.… Read More
from TechCrunch
Let’s say you randomly selected 1,000 seed-stage startups based in the United States. How many of those would go on to raise a Series A? Of companies that go on to raise a Series A, how many would go on to raise a Series B? You could keep this process going until only a few companies remain. But it’s not enough to just ask what the survival rate of companies is from round to round. Read More
from TechCrunch