Chinese robotaxi unicorn WeRide bags over $600M in 5 months
It’s hard to keep up with the fundraising spree in China’s autonomous driving industry these days. Guangzhou- and California-based robotaxi company WeRide, which counts Renault-Nissan-Mitsubishi Alliance as one of its strategic investors, has raised over $600 million in just under five
Holy Grail raises $2.7M seed fund to create modular carbon capture devices
The founders of Holy Grail, a two-year-old startup based in Mountain View, California, are taking a micro approach to solving the outsized problem of capturing carbon.
The startup is prototyping a direct air carbon capture device that is modular and small — a departure from the dozens of projects
Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips
Usually, a teacher who grades students on a curve is boosting the efforts of those who didn't perform well on the test. In the case of cloud companies, however, it's the other way around.
As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook
Investor Marlon Nichols and Wonderschool's Chris Bennett on getting to the point with a pitch deck
Before our conversation on Extra Crunch Live, Marlon Nichols dropped a bomb on me. The MaC Venture Capital founding managing partner hadn't actually seen Wonderschool's original pitch deck before investing in the remote education startup. Our conversation with the company's CEO, Chris B
Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation
Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 billion. The new funding was led by Alkeon Capital, an American investment firm, and included participation fro
Why Amazon should pay attention to Shein
Amazon commands a vast, dominating empire in the world of e-commerce. While its marketplace has proved a boon for businesses trying to get off the ground, many of the more successful companies are now looking beyond the e-commerce giant’s fences, spurred by a desire to compete on their own te
Dell Technologies, UserTesting, Movile, Pilot and oVice to offer mini master classes at TC Early Stage 2021
Hey, you there — early-stage founders. Yes, you. TC Early Stage 2021: Marketing & Fundraising, our mini master class in entrepreneurship, is right around the proverbial corner. And by mini we mean it's just two days — July 8-9. There's nothing mini about the expert advice, informati
Airbank centralizes all your business bank accounts and financial data
Meet Airbank, a startup that is taking advantage of open banking regulation and related APIs to aggregate all your bank accounts. Focused on startups and small and medium companies, the company wants to build an all-in-one banking interface to access financial data, initiate payments, manage cash f
Lidar company Quanergy to go public via $1.4B SPAC deal
Quanergy Systems, the Sunnyvale, California-based lidar company, said Tuesday it has agreed to merge with special purpose acquisition fund CITIC Capital Acquisition Corp., a Chinese blank-check firm affiliated with the country's largest state-owned investment conglomerate.
The deal, which puts
Oyster, an HR platform for distributed workforces, snaps up $50M on a $475M valuation
The future of work is long on long-distance, and today a startup that’s built a platform to help organizations hire global talent and build out those remote workforces is announcing a round of funding on the heels of strong growth.
Oyster — which provides tools to help with hiring, onbo
Merlyn Mind emerges from stealth with $29M and a hardware and software solution to help teachers with tech
We’ve chronicled, in great deta, the many layers of technology, services and solutions that have been wrapped around the world of education in recent years — and especially in the last year, which became a high watermark for digital learning tools because of COVID-19. Today, a startup c
Australian fintech Zeller lands $50M AUD led by Spark Capital at a $400M AUD valuation
Zeller, a Melbourne-based fintech founded by former Square executives to serve small- to mid-sized businesses, has raised $50 million AUD (about $37.5 million USD) led by Spark Capital, the investment firm whose portfolio also includes Twitter, Slack and Coinbase. Zeller’s valuation is now $4
A rewards program for your rent payments? Meet Bilt
Kairos, the startup studio led by Ankur Jain, is launching a new brand today called Bilt Rewards. Bilt is a rewards program that lets renters earn each time they make a rent payment.
The company is funded by Kairos, which is the studio that is also responsible for brands like Rhino, Alloy, and Litt
Inspired by founder's childhood asthma, NuvoAir raises $12M to tackle respiratory illnesses
You might well have a sleep app that tracks your sleep. I use Sleep Cycle, and have found it has started to even tell me when I cough during the night. It turns out you can run machine learning over how you might cough in the night to detect changes in the way you cough. That data could inform peop