Today’s Deals – Nuro’s self-driving vehicle is a grocery-getter and errand-runner

 Not every self-driving car has to be able to move passengers from point A to point B. Take, for example, Nuro: The startup just revealed their unique autonomous vehicle platform, which is more of a mobile small logistics platform than a self-driving car.
The company, which has been working away in stealth mode in Mountain View until now, has raised a $92 million Series A round led by Banyan… Read More

from TechCrunch

Today’s Deals – Asana raises $75M Series D led by Al Gore’s Generation Investment Management

 Asana, the productivity and collaboration service, is getting a major infusion of cash after Generation Investment Management, a London-based firm backed by former U.S. Vice President Al Gore, led a $75 million investment. Investment Management was joined in this Series D round by existing backers 8VC, Founders Fund, Y Combinator President Sam Altman who also participated in the round.… Read More

from TechCrunch

Today’s Deals – Bench bookkeeping service raises $18 million in funding

 Bench, the TechStars-backed bookkeeping service for SMBs, has today announced the close of an $18 million B-1 funding round led by iNovia Capital. Existing investors, including Bain Capital Ventures, Altos Ventures, and Silicon Valley Bank, also participated in the round.
Bench first launched out of TechStars NYC in 2012. Back then, the company was called 10Sheet, and it aimed to providing… Read More

from TechCrunch

Today’s Deals – SoftBank buys into Line’s mobile service in Japan

 SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More

from TechCrunch

Today’s Deals – Speedinvest x is a new micro VC fund that will invest in European early-stage marketplace startups

 A new vertical fund from pan-European VC firm Speedinvest is officially outing today. Dubbed “Speedinvest x” and targeting a final closing of €25 million, of which €20.5 million has already been committed, the micro VC fund will target early-stage marketplace startups exclusively. Read More

from TechCrunch

Today’s Deals – Fools and their crypto

 What should we do about token sales?
Two days ago a Lithuanian “company” called Prodeum looked like a promising if silly blockchain startup. Their stated goal? To track every piece of food on the Internet. While I doubt many of us will care about the exact provenance of the orange we just ate, we could see, in some distant future, a need for this sort of tracking.
After all, the… Read More

from TechCrunch

Today’s Deals – Red Hat acquires CoreOS for $250 million in Kubernetes expansion

 Red Hat, a company best known for its enterprise Linux products, has been making a big play for Kubernetes and containerization in recent years with its OpenShift Kubernetes product. Today the company decided to expand on that by acquiring CoreOS, a container management startup, for $250 million. The company’s core products includes CoreOS, a Linux distribution and Tectonic, a… Read More

from TechCrunch

Today’s Deals – On-demand dog walking app Wag raises $300 million from SoftBank Vision Fund

 The SoftBank Vision Fund has struck again. This time, it’s investing $300 million in on-demand walking and dog care startup Wag. Wag has also brought on Hilary Schneider, formerly of identity theft protection company LifeLock, to serve as the company’s new chief executive officer. Wag, which launched back in 2015, offers on-demand walking and boarding for pups. The startup… Read More

from TechCrunch

Today’s Deals – NEA leads $21m round for Drop, a rewards app for millennials

 Everyone loves free stuff, apparently including VC investors. Toronto-based Drop, whose app allows consumers to collect points for transactions they make and then receive reward offers, has secured a $21 million Series A round led by Rick Yang at NEA. The company has previously raised about $10 million in seed capital over the past year. Drop’s concept is simple. Unlike traditional… Read More

from TechCrunch

Today’s Deals – Cake raises $5 million for a swipeable mobile browser

 A startup called Cake has an ambitious plan to take on incumbents like Chrome and Safari to build a better browser for mobile devices. The company announced this morning it has raised $5 million for those efforts from Peak Ventures, Pelion Ventures and Kickstart Seed Fund. Cake was founded in late 2016 in Provo, Utah by Jase Bosarge, who had originally developed technologies and a… Read More

from TechCrunch

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