The B2B payments space has seen an explosion in demand, and investor interest, in the wake of the COVID-19 pandemic as businesses try to figure out how to pay each other digitally. The challenges become even more complex when dealing with cross-border payments. Startups that were formed before the pandemic stand to benefit from the […]
Category Archives: Uncategorised
Quibi’s content is coming to Roku as ‘Roku Originals,’ will kick off Roku’s investment in original content
Earlier this year, Roku acquired the program catalog from Quibi, the short-form video app backed by Jeffrey Katzenberg that had failed to gain traction amid the pandemic, despite nearly $2 billion in financing. Quibi had been designed for on-the-go viewing, but launched when users were staying at home — watching TV on bigger screens and […]
A cooling trend in public markets makes UiPath’s down-round IPO a win for the company
Robotic process automation (RPA) unicorn UiPath last night priced its IPO at $56 per share, above its raised price target range of $52 to $54. The company sold 9,416,384 shares at that price, alongside 14,474,393 from existing shareholders. Its underwriters can purchase 3,583,616 shares at its IPO price if they so choose. UiPath raised $527.3 […]
Remote hiring startup Deel raises $156M at a $1.25B valuation after 20x growth in 2020
Many of the world’s organizations shifted to remote work due to the COVID-19 pandemic. But even as more people are vaccinated and offices are planning re-openings, it’s clear that for some organizations, remote work is here to stay. Deel, a startup which provides payroll, compliance tools and other services to help businesses hire remotely, has […]
The rise of the next Coinbase, thanks to Coinbase
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive Natasha and Alex and Danny wanted to chat crypto. No, not cryptography, but cryptocurrency. The topic has been hot in recent months thanks to Coinbase, recent weeks thanks to the rapid price appreciation in the value […]
SoftBank bets big on a ‘digital Ellis Island’
Welcome Tech, which has built a digital platform aimed at immigrants and their families, has raised $35 million in a Series B funding round co-led by TTV Capital, Owl Ventures and SoftBank Group Corp.’s SB Opportunity Fund. Crosscut Ventures, Mubadala Capital, Next Play Capital and Owl Capital also participated in the financing, which brings the […]
Discount grocery startup Misfits Market raises $200M
Misfits Market, a startup known for selling “ugly” fruits and vegetables at discount prices, announced this morning that it has raised $200 million in Series C funding. The company says this brings its total funding to $301.5 million and moves its valuation into unicorn territory (i.e., above $1 billion). It isn’t getting any more specific […]
Amazon is bringing its Amazon One palm scanner to select Whole Foods as a payment option
Amazon is bringing its new biometric device, the Amazon One scanner, to Whole Foods store. The retail giant this past fall first introduced the Amazon One scanner, which allows shoppers to enter a store by having their palm scanned. The customer’s palm signature can be associated with their payment mechanism in a retail environment — […]
Stix expands from at-home pregnancy and ovulation tests to UTI products with $3.5M seed
Companies like Ro and Hims have capitalized on the need for more seamless and discreet access to health and wellness products that are part of everyday life. For men. Stix is looking to do the same for women, and has today announced the raise of a $3.5 million seed round. The financing was co-led by […]
Someone minted an NFT of the low-key photoshop we made to try to get people to vote for Equity in the Webbys
Our venture capital-focused podcast Equity made it to the finals of its category in the Webbys, a digital awards show for digital things. We were pretty stoked about it. Natasha, in fact, was both excited and ready to go to battle with editing tools so that we could share an image of sorts in an […]