European neobroker Scalable Capital raises $180M+ at a $1.4B valuation
Neobrokers — startups that are disrupting the investment industry by providing a platform for a wider range of consumers to partake in the stock market by offering them more incremental investment options and modern and easy mobile-based interfaces to manage their money — continue to se
Terraformation gets $30M to fight climate change with rapid reforesting
Every startup is trying to fix something, but Terraformation is tackling the only problem that must matter to all of us: climate change.
This is why it’s in such a big huge hurry. Its mission — as a “forest tech” startup — is to accelerate tree planting by applying a s
Refyne raises $20.1 million to help workers in India get faster access to wages
A young Indian startup that is betting that earned wage access solutions will take off in the South Asian nation said on Wednesday it has closed a new round from high-profile investors.
Bangalore-based Refyne said on Wednesday that it has raised $16 million in Series A from partners of DST Global a
A men’s brand, Faculty, launches with nail polish — and seed funding from Estée Lauder
“It’s not a nail polish company.” It’s almost the first thing out of the mouth of Fenton Jagdeo of Faculty, the startup he co-founded in 2019 with Umar ElBably. Though their Toronto-based company currently sells just three shades of nail polish along with some nail stickers
Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M
"attachment_2162862" aria-describedby="" style="width: 1024px">Wagely founders (from l to r): Tobias Fischer, Sasanadi Ruka and Kevin Hausburg. Image Credits: wagely
Earned wage access (EWA) platforms that allow workers to withdraw their earnings on demand instead of waiting until payday are prolife
Trump congratulates Nigeria for Twitter ban, says more countries should do the same
Today, former President Donald Trump issued a statement supporting the Nigerian government’s decision to suspend Twitter activities in the West African country.
“Congratulations to the country of Nigeria, who just banned Twitter because they banned their President,” he said in th
Extra Crunch roundup: Security data lakes, China vs. Starlink, ExtraHop’s $900M exit
News broke this morning that Bain Capital Private Equity and Crosspoint Capital Partners are purchasing Seattle-based network security startup ExtraHop.
Part of the Network Detection and Response (NDR) market, ExtraHop’s security solutions are for companies that manage assets in the cloud and
Pledge 1% is asking VCs to help unlock billions in corporate philanthropy
The corporate philanthropy organization Pledge 1% has, since its launch in 2014, asked founders to donate 1% of their companies’ equity, product or employees’ time starting on their first day of business.
While the Bay Area-based outfit has found meaningful support from companies like D
Trucks VC launches two new funds for early and late-stage transportation startups
Trucks Venture Capital, a fund that focuses on early-stage entrepreneurs in transportation, is launching two new funds that it says will help build the future of transportation.
Its new core fund, Trucks Venture Fund 2 (TVF2), was raised over the last year and recently closed on $52,525,252. The fu
Don’t trust that SPAC deck
The continuing saga of Lordstown Motor’s struggles as a public company took a new turn today as the electric truck manufacturer made yet more news. Bad news.
Shares of Lordstown are down sharply today after the company reported in an SEC filing that it does not have enough capital to build an
Ring refuses to say how many users had video footage obtained by police
Ring gets a lot of criticism, not just for its massive surveillance network of home video doorbells and its problematic privacy and security practices, but also for giving that doorbell footage to law enforcement. While Ring is making moves toward transparency, the company refuses to disclose how m
Osma’s high-tech instant cold brew could change summertime coffee forever
It’s rare that a truly new way to make coffee is invented, and nearly all of them have one thing in common: heat. After all, it’s hot water that quickly extracts flavor and body from grounds. But Osma, a new device using an entirely novel coffee-making technique, makes a rich, strong es
EV startup Fisker sets moonshot goal of making a climate-neutral EV by 2027
Electric vehicle startup Fisker Inc. has set a moonshot goal of creating its first climate-neutral car by 2027.
Fisker has yet to bring a vehicle to market — climate neutral or not — making this an ambitious target. The all-electric Fisker Ocean SUV, which is still on track to go into producti
Apple’s new ShazamKit brings audio recognition to apps, including those on Android
Apple in 2018 closed its $400 million acquisition of music recognition app Shazam. Now, it’s bringing Shazam’s audio recognition capabilities to app developers in the form of the new ShazamKit. The new framework will allow app developers — including those on both Apple platforms a