SplashLearn raises $18 million for its game-based edtech platform

SplashLearn, a 10-year-old U.S.-headquartered edtech startup that teaches children through a game-based curriculum, has raised $18 million in a new financing round as it looks to expand to more markets. San Francisco-based Owl Ventures led the Series C funding round in SplashLearn, and Accel, which

EU’s lead data supervisor for most of big tech is still using Lotus Notes

The lead data supervisor for a slew of tech giants in the European Union, including Apple, Facebook, Google, LinkedIn, TikTok and Twitter, is still relying on Lotus Notes to manage complaints and investigations lodged under the bloc’s flagship General Data Protection Regulation (GDPR), per fr

Target Global leads $150M round for Amazon Marketplace consolidator Branded

There’s been a profusion of startups emerging in the last year around the concept of rolling up smaller e-commerce businesses — operations that mainly sell and distribute their products on marketplace platforms like Amazon’s — using economies of scale to bring them together

Finch Capital launches third fund to invest in European fintech at Series A and B

Finch Capital, the early-stage fintech VC with a presence in London and Amsterdam, has raised a third fund. Targeting a final close of €150 million, the fund has already secured €85 million from LPs ready to deploy. Out of Finch Capital “Europe III,” the VC will invest in fintech startups a

Hoxton Farms raises £2.7M seed to produce animal fat without animals

Hoxton Farms, a U.K. startup that wants to produce animal fat without using animals, has raised £2.7 million in seed funding. The round is led by Founders Fund, the Silicon Valley venture capital firm founded by Peter Thiel. Also participating is Backed, Presight Capital, CPT Capital and Sustainab

Tesla summoned by Chinese regulators for quality concerns

Tesla, which is seeing rapid growth in China as it ramps up local manufacturing capacity, has been called upon by the Chinese government for talks over quality issues in its electric cars. A group of Chinese authorities, including the country's top market regulator, cyberspace watchdog and tran

LanzaJet inks deal with British Airways for 7,500 tons of low-emission fuel additive per year

LanzaJet, the renewable jet fuel startup spun out from the longtime renewable and synthetic fuel manufacturer LanzaTech, has inked a supply agreement with British Airways to supply the company with at least 7,500 tons of fuel additive per year. The deal marks the second agreement between the U.K.-b

Maya, a startup focused on accessible healthcare in Asia, raises $2.2 million seed for regional expansion

Maya is dedicated to making it easier for women to get healthcare, especially for sensitive issues like reproductive and mental health. Now the startup, based in Bangladesh and incorporated in Singapore, is expanding into new countries. Maya announced today it has raised $2.2 million in seed fundin

Reddit raises $250 million in Series E funding

Reddit has raised a new funding round, totaling $250 million. This is the company’s Series E round of financing, and it comes hot on the heels of renewed public attention on the site that has dubbed itself “the front page of the Internet,” owing to the role the subreddit r/WallStr

A former NEA partner and a former Uber exec just closed their $140 million debut VC fund

Dayna Grayson and Rachel Holt seemingly didn’t have the best timing. It was late in 2019 when the two, who met six years ago in Washington through a mutual acquaintance, decided to act on earlier conversations and start a fund together called Construct Capital. At the time, Grayson spied an o

Tesla’s Bitcoin investment could be bad for the company’s climate reputation and its bottom line

Tesla’s $1.5 billion investment in Bitcoin may be good for Elon Musk, but it’s definitely risky for the company that made him the world’s richest man, according to investors, analysts and money managers at some of the country’s largest banks. As a standard bearer for the con

Ex-Salesforce manager alleges microaggressions and inequity

Cynthia Perry, a former design research senior manager at Salesforce who left earlier this month, posted her resignation letter on LinkedIn that detailed her negative treatment at the company, Protocol first reported. In it, Perry, a Black woman, alleges she experienced “countless microaggres

Daily Crunch: DoorDash acquires Chowbotics

DoorDash acquires a salad-making robotics startup, Twitter confirms subscription plans and Tesla makes a big bet on bitcoin. This is your Daily Crunch for February 8, 2021. The big story: DoorDash acquires Chowbotics DoorDash has acquired the Bay Area startup behind Sally, a salad-m

Facebook says it will remove more COVID-19 conspiracies that discourage vaccination

Vaccine misinformation has been around since well before the pandemic, but ensuring that anti-scientific conspiracies don’t get boosted online is more crucial than ever as the world races against the spread of a deadly, changing virus. Now, Facebook says it will expand the criteria it uses to