USV has been aggressively selling off shares in Coinbase in run up to IPO

Coinbase's S-1 publicly dropped this morning, with much anticipation. My colleague Alex Wilhelm has the high-level details, but there was one major wrinkle for the crypto trading darling: two of its early investors seem to be cutting down their stakes pre-IPO. Coinbase files to go public in a k

Stori raises $32.5M in a Lightspeed-led Series B to build Mexico's credit card for the masses

While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment, with an estimated 86% of all payments being in the form of cash. But card usage i

Lob raises $50M for its direct mail platform

Lob is a startup promising to help businesses deliver physical mail more quickly and affordably, and with more personalization. The company estimates that its platform has been used to deliver mail to one in two U.S. households. And today, it’s announcing that it has raised $50 million in Ser

Boosted by the pandemic, meeting transcription service Otter.ai raises $50M

Over the past year or so, voice transcription startup Otter.ai doubled down on the future of remote work by integrating its product with meeting apps like Zoom and Google Meet. With the COVID-19 pandemic having sent so many to work from home, those investments have paid off — the company has

Coinbase files to go public in a key listing for the cryptocurrency category

This morning Coinbase, an American cryptocurrency exchange, released an S-1 filing ahead of its direct listing. The company’s public debut has been hotly anticipated thanks to recent activity amongst bitcoin and other blockchain-based assets, the company’s controversial political positi

Customer data platform Lexer raises $25.5M Series B for global expansion

"attachment_2117691" aria-describedby="" style="width: 1024px">Left to right: Lexer founders Dave Whittle, Aaron Wallis and Chris Brewer. Image Credits: Lexer The massive shift to online shopping during the COVID-19 pandemic means retailers need to analyze customer data quickly in order to compete a

Connected pet collar company Fi raises a $30M Series B

Pet tech company Fi today announced that it has raised a $30 million Series B. The round, led by Chuck Murphy of Longview Asset Management, follows a $7 million Series A raised back in 2019. The round values the startup at north of $200 million. The New York-based startup specializes in connected d

Allbirds is investing in a plant-based leather substitute, plans faux-leather shoe drop in December

The sustainability focused shoe maker Allbirds has taken another step to green its supply chain with a small $2 million investment in a new company called Natural Fiber Welding. Announced this morning, the investment in Natural Fiber Welding will see Allbirds bring a vegan leather replacement optio

Maze raises another $15 million for its user testing platform

Maze has closed a $15 million Series A funding round led by Emergence Capital. The company lets you run user tests at scale so you can get feedback before rolling out a design update or test copy. When you have a lot of users, you don't want to roll out some changes before testing first. Some c

TreeCard raises $5.1M seed to plant trees as you spend

TreeCard, a U.K. yet-to-launch fintech offering a spending card made out of wood and the promise to fund reforesting via the interchange fees generated, has raised $5.1 million in seed funding. The round is led by EQT Ventures, with participation from Seedcamp and Episode 1. Angel investors also ba

Stitch emerges from stealth with $4M for its API fintech play in Africa

Over the years, there has been a growing trend of fintech infrastructure players around the world. In Africa, a handful of startups have launched in the past three years to provide such services. Stitch, a South African fintech startup, is one of them; today, it is coming out of stealth and announc

Plant-based food startup Next Gen lands $10M seed round from investors including Temasek

Singapore is quickly turning into a hub for food-tech startups, partly because of government initiatives supporting the development of meat alternatives. One of the newest entrants is Next Gen, which will launch its plant-based “chicken” brand, called TiNDLE, in Singaporean restaurants

Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace

Through all of the last year’s lockdowns, venue closures and other social distancing measures that governments have enacted and people have followed to slow the spread of COVID-19, shopping — and specifically e-commerce — has remained a consistent and hugely important service. It&

Dear Sophie: Which immigration options are the fastest?

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