Internxt gets $1M to be ‘the Coinbase of decentralized storage’

Valencia-based startup Internxt has been quietly working on an ambitious plan to make decentralized cloud storage massively accessible to anyone with an internet connection. It’s just bagged $1 million in seed funding led by Angels Capital, a European VC fund owned by Juan Roig (aka SpainR

Unit raises $51M in Accel-led Series B to grow its banking-as-a-service platform

We've all heard the phrase, “Every company is a fintech.”  But these days, that's becoming more and more true as an increasing number of companies that are not even in the financial services space seek to add a fintech component to their offering. A group of startups po

Kenyan foodtech startup Kune raises $1M pre-seed for its ready-to-eat meals service

While there has been a wave of innovation in food tech worldwide, it’s still in early days for Africa. There are only a handful of African food-tech startups, and a year and a half’s worth of global pandemic has added a couple to that list. Kune is one of the most recent food-tech start

Tractable raises $60M at a $1B valuation to make damage appraisals using AI

As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Tractable, which works with automotive insurance companies to let users take and submit pho

GM increases EV and AV investments to $35B through 2025

General Motors Co. has yet again upped the amount it says it will spend on electric and autonomous vehicle investments, saying Wednesday that it would spend $35 billion through 2025 — an $8 billion increase from its previous plan announced in November 2020. The company has set a target to bri

Dear Sophie: Is it possible to expand our startup in the US?

Here’s another edition of “Dear Sophie,” the advice column that answers immigration-related questions about working at technology companies. “Your questions are vital to the spread of knowledge that allows people all over the world to rise above borders and pursue their dreams,” says

Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone

Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and

Waymo, Alphabet's self-driving arm, raises $2.5B in second external investment round

Waymo, Google's former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing

Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding

Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon

Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup

When Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.” “I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. They never contacted me a

Hybrid events platform Brella raises $10M Series A led by Connected Capital

Hybrid event platform Brella has raised a $10 million Series A funding round led by Connected Capital. Normally used as an offline networking app, Brella pivoted from live events into a virtual event platform after the pandemic hit. The company counts Informa, Marcus Evans, Questex and IQPC as cust

Bringg nabs $100M at a $1B valuation for a last-mile delivery platform for retailers

With many consumers making the switch to online shopping in the last year due to COVID-19 and largely staying active on those platforms even after physical shops and the freedom to move about them have been restored, companies that are enabling those services are continuing to see a lot of business

Gloat raises $57M to reinvent the internal job board

A lot of the focus in recruitment these days has been on better technology to connect people to job opportunities at new organizations, but that also leaves a wide opening to focus on one of the other big funnels for finding work: internal transfers. Today, a startup that is building tools to impro

Trigo bags $10M for computer-vision-based checkout tech to rival Amazon’s ‘Just Walk Out’

While Amazon continues to expand its self-service, computer-vision-based grocery checkout technology by bringing it to bigger stores, an AI startup out of Israel that’s built something to rival it has picked up funding and a new strategic investor as a customer. Trigo, which has produced a co