Fundings and Exits

A website built using Strikingly’s platform. Half a decade after it was founded, website building platform Strikingly finally decided it’s time to raise a Series A. The Y Combinator alum announced that it has closed a $6 million round from investors including CAS Holding, Infinity Venture Partners, Innovation Works, former Y Combinator partner Kevin Hale and
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Thailand’s banks have stepped up to chase the startup dream over the past year. Following on from SCB’s Digital Ventures, which has backed blockchain startup Ripple among others, Kasikorn Bank (KBank) has made the first investment from its $30 million fund — a $1.15 million round for Bangkok-based FlowAccount. KBank announced its Beacon fund this
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Welcome back to Equity, our podcast for all things venture capital and tech business. I host along with Matthew Lynley and Alex Wilhelm, who was out-of-town (how dare he). This week we were joined by Rob Coneybeer, who is co-founder and managing director at Shasta Ventures. We talked about Uber (what else?!), which shared its growing
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There are more than 1 billion cellphone users in India, which abruptly went cashless last November, when Prime Minister Narendra Modi announced that millions of high-denomination currency notes would no longer be legal tender. These two developments play nicely into the vision of Ezetap, a six-year-old, Bangalore-based startup whose software as a service is used by more
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It’s official…Amazon says its purchase of Whole Foods will close on Monday. According to the release, “the two companies will together pursue the vision of making Whole Foods Market’s high-quality, natural and organic food affordable for everyone. As a down payment on that vision, Whole Foods Market will offer lower prices starting Monday on a selection of
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Finland-based ICEYE is launching a constellation of microsatellites with the aim of helping provide a view from space where traditional imaging cannot, with images delivered within a few hours using a technology that is typically very expensive and difficult to deploy. The startup uses something called synthetic-aperture radar (SAR) to observe Earth even through clouds
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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: In our series A Look Back In IPO, we’re diving back into the S-1 documents of tech’s biggest players. What were today’s giants like back when they first filed to go public? After looking into Amazon, Microsoft
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Home, a Berlin-based startup that offers an app to help landlords manage their properties, has raised €3 million in seed funding. EQT Ventures led the round, along with the company’s existing investor, Redalpine. Claiming to already have more than 100,000 apartments being managed through its app since the company was founded last year, Home aims
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Databricks, a big data analytics platform built by a team that grew out of the Apache Spark project, today announced that it has raised a $140 million Series D round led by Andreessen Horowitz, with participation from New Enterprise Associates and Battery Ventures. This brings Databricks’ total funding raised to date to $247 million, which
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German automotive giant Continental is furthering its push into the future of transportation after it got its check book out to acquire Quantum Inventions, a Singapore-based company that specializes in mobility data services. The deal was announced in June with little fanfare and it is officially undisclosed, but a source told TechCrunch that it is around the
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In an announcement about a set of new discovery tools, Amazon-owned video game streaming site Twitch also unveiled that it recently acquired Palo Alto-based video indexing platform ClipMine. The startup’s technology is now being put to use to translate visual information in videos – like objects, text, logos and scenes – into metadata that can
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