Startups

A year after the FTC blocked Harry's from getting acquired by Edgewell Personal Care, the direct-to-consumer razor startup raised $155 million in Series E financing to give it a $1.7 billion valuation. Now, months later, Harry's filed paperwork indicating that it has raised another nine-fi

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 11, 2022! Today we have new venture funds, spyware news, Brex raising (again), and more. We're back to 100% of

In the war for talent, equity compensation has become more important than ever, but it's not the easiest concept to explain, especially in privately funded companies. Equity isn't a new concept. Public and private companies have been using stock options (or RSUs) to recruit, motivate and re

French startup Back Market has raised another mega round of funding. In May, the company raised a $335 million Series D round. Today, the company is announcing a $510 million Series E round, which values the company at $5.7 billion. If you're not familiar with Back Market, the company operates

French startup Doctolib is expected to close the acquisition of Tanker today (based on regulatory filings). Doctolib is a French unicorn that develops a software-as-a-service product to help doctors and medical workers with admin tasks. In particular, Doctolib acts as a booking platform that connec

Every company has to decide what to pay their employees and track that compensation in some way, often in spreadsheets and across disparate payroll, finance and HR systems. Companies also need to ensure that they are paying people with comparable experience a similar amount for the same job. Assemb

AmazeVR, a virtual reality concert platform that enables users to experience their favorite artists' VR concerts through content generation tools, announced today it has secured $15 million, which was oversubscribed within three weeks.  Partners Investment and Murex Partners co-led the new fun

Foxtrot is changing the way we think about convenience stores, and just picked up $100 million in new Series C funding to expand its brick-and-mortar footprint to 50 new retail locations in the next two years. We last looked in on Chicago-based Foxtrot in early 2020, just before the world was shook

Withsomanyappsandtoolsouttheretotry,mostcompaniesaskyoutofilloutastandardformandthencreateausernameandpassword.Onceyougetthroughallofthat,youfindthattheappwasnotallitwascrackeduptobe. Arcadeisouttochangethat.Theinteractivedemocompany,whichlaunchedtothepublictoday,ismakingiteasierforcompaniestocreat

A study by McKinsey & Company on general e-commerce activities in Africa says consumer spending will reach over $2 trillion in the next three years. Much of this spending falls under the importation of products, primarily influenced by consumer demand and the positioning of major e-commerce pla

In the latest fintech megaround, Brex has confirmed that it has raised $300 million in a Series D-2 round that ups its valuation to $12.3 billion. technewss in October was the first to report that Brex was raising the capital and had achieved decacorn status. Greenoaks Capital and TCV co-led the f

French startup Qonto has raised a $552 million Series D funding round (€486 million). Following this investment, the startup has reached a valuation of $5 billion (€4.4 billion). This is one of the largest rounds in the French tech ecosystem. Qonto is a challenger bank focused on business bank

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The company, which provides feeding devices, software and financing for fish and shrimp farmers, got a $90 million Series C co-led by Temasek, Soft

The backbone of Indonesia's economy are its estimated more than 60 million SMEs. But many lack access to working capital and, especially before the pandemic, managed their finances using manual processes like spreadsheets. With COVID-19 prompting many to digitize, startups that focus on SMEs ha