Too Good To Go raises $31 million to fight food waste

Too Good To Go, the startup that lets you buy food right before it goes to waste, is raising a $31.1 million round; blisce/ is leading the round and investing $15.4 million. Existing investors and employees are also participating. While the company has been around for a while, this is the first tim

Pennylane raises $18.4 million for its accounting service

French startup Pennylane has raised $18.4 million (€15 million) for its accounting service that combines automated processes with human accountants. Existing investors Global Founders Capital and Partech are investing once again. Pennylane is both a software-as-a-service company that helps you de

IPRally is building a knowledge graph-based search engine for patents

IPRally, a burgeoning startup out of Finland aiming to solve the patent-search problem, has raised €2 million in seed funding. Leading the round is JOIN Capital and Spintop Ventures, with participation from existing pre-seed backer Icebreaker VC. It brings the total raised by the 2018-founded com

Revenue-based financing: The next step for private equity and early-stage investment

Revenue-based investing (RBI), also known as revenue-based financing, or revenue-share investing,1 is a natural next step for the private equity and early-stage venture investment industry. However, due to RBI being a relatively new model, publicly available data is limited. To address this foundat

Why VC funding is falling out of favor with top D2C brands

In 2020, venture capitalists unceremoniously broke up with D2C brands and product-based businesses. Many watched as the consumer brands in their portfolios rushed to make hefty layoffs and eke out more runway and grew more concerned with their business models. Some simply monitored

Extra Crunch Live is back in 2021, connecting founders with tech giants and each other

In April 2020, when the entire world was laser-focused on the coronavirus pandemic, we realized that startupland was in unprecedented territory. How should startups navigate fundraising, operations, and better understand the market?  In a matter of a couple weeks, we spun up a little series called

Dear Sophie: Banging my head against the wall understanding the US immigration system

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

Perfect Corp., developer of virtual beauty app YouCam Makeup, closes $50 million Series C led by Goldman Sachs

Spending on cosmetics has usually weathered economic crises, but that changed during the COVID-19 pandemic, with stay-at-home orders and masks tempering people's desire to wear makeup. This forced retailers to accelerate their online strategies, finding new ways to capture shoppers’ atten

Plant-centered prepared food delivery startup Thistle raises $10.3 million

Eating less meat is the easiest way for anyone to lower their carbon footprint, and the prepared food delivery startup Thistle has just raised $10.3 million to make that choice even easier for consumers.  The company delivers plant-based full menus (with meat options available for customers that

Veo raises $25M for AI-based cameras that record and analyze football and other team sports

Sports have been among some of the most popular and lucrative media plays in the world, luring broadcasters, advertisers and consumers to fork out huge sums to secure the chance to watch (and sponsor) their favorite teams and athletes. That content, unsurprisingly, also typically costs a ton of mon

Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India

Bibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and 500 Startups also participated. This funding is a growth round and comes after Bibit’s May 2019

Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industri

Virgin Orbit targets launch window opening January 10 for next orbital flight attempt

Virgin Orbit is wasting no time in 2021 getting back to active flight testing: The company has a window for its next orbital demonstration launch attempt that opens on Sunday, January 10, and that continues throughout the rest of the month. This follows an attempt last year made in May, which ended

P&G terminates plan to acquire razor startup Billie following FTC lawsuit

Procter & Gamble will not acquire women’s beauty products startup Billie, as previously planned, following action taken by the U.S. Federal Trade Commission to stop the deal from proceeding. In December, the FTC sued to block P&G’s acquisition of the New York-based startup Bill