October closes $300 million in new funds for its SME lending marketplace

French fintech startup October has raised some fresh capital to invest in small and medium companies on its lending platform. Overall, the company has gathered $300 million (€258 million) from various partners that will be deployed over the next few years. This is not a traditional startup fundin

Baidu’s smart voice unit to raise independent round on $2.9B valuation

Baidu, China’s dominant search service and a leader in artificial intelligence research, is further diversifying into the smart voice space as its smart living group is poised to raise an independent round on a 20 billion yuan ($2.94 billion) post-money valuation. The fundraising move signals

Papaya Global raises $40M for a payroll and HR platform aimed at global workforces

Workforces are getting more global, and people who work day in, day out for organizations don’t always sit day in, day out in a single office, in a single country, to get a job done. Today, one of the startups building HR to help companies provision services for and manage those global worker

Salesforce creates for-profit platform to help governments distribute COVID vaccine when it’s ready

For more than 20 years, Salesforce has been selling cloud business software, but it has also used the same platform to build ways to track other elements besides sales, marketing and service information, including Work.com, the platform it created earlier this year to help companies develop and org

TravelPerk launches an open API platform to extend its work trip SaaS

Business travel SaaS startup TravelPerk has launched an open API-based platform — letting its customers and partners build custom integration and apps. The initial APIs cover HR and expense management use-cases, but more are set to be added as usage and demand grows. “Ap

The joke is on consumers as Liquid Death raises $23 million more

In what began as a kind of funny, savvy marketing stunt that has since gained traction, a nearly three-year-old, Santa Monica-based startup that sells water from the Austrian Alps under the brand Liquid Death has raised $23 million in Series B funding. Backers in the round include an unnamed family

E-scooter startup Neuron Mobility adds $12 million to its Series A for expansion in Australia and New Zealand

Neuron Mobility, a Singapore-based e-scooter rental startup, announced today that it has added $12 million to its Series A. Led by Square Peg, an Australian venture capital firm and GSR Ventures, this increases the round's new total to $30.5 million. The company, which operates in Australia and

Facebook names VP of product growth Alex Schultz as new CMO

To fill its empty CMO position, Facebook just promoted to the C-suite a longtime Facebook executive focused on product growth. Former VP of product growth and analytics Alex Schultz, who has been with the company since 2007, announced the move Tuesday in a Facebook post. Schultz will fill the posit

Swarm prices out its orbital IoT network’s hardware and services

Swarm’s new network of satellites is intended to provide low-bandwidth, low-power connectivity to “Internet of Things” devices all over the world, and the company just announced how much its technology will actually cost. A $119 board will be sold to be integrated with new product

Palantir's reference price values it at roughly $16 billion

Palantir is preparing for its public debut tomorrow morning on the NYSE (after 17 years), and now we are getting some data on how the company's shares are being valued by investors. The NYSE announced that the company, which will be traded under the ticker PLTR, will have a reference price of $

Daily Crunch: Amazon lets you pay with your palm

Amazon unveils a new biometric ID technology, the Biden campaign takes aim at Facebook and iRobot’s co-founder joins a robotic gardening startup. This is your Daily Crunch for September 29, 2020. The big story: Amazon lets you pay with your palm The company announced a new bio

Spin workers just ratified their first union contract

A group of 40 workers at Ford-owned Spin just successfully ratified their first union contract. This comes after this group of shift leads, maintenance specialists, operations specialists, community ambassadors and scooter deployers and collectors joined Teamsters Local 665 toward the end of last y

Amazon launches a virtual tours and experience platform, Amazon Explore

Amazon today is launching a new service called Amazon Explore that allows customers to book live, virtual experiences led by local experts. The experiences may be focused on creativity, learning DIY skills, taking virtual tours of far-off places or cultural landmarks or, in some cases, shopping loc

Ford drops the price of its all-electric Mustang Mach-E to stay ‘fully competitive’

Ford has slashed the price of its upcoming all-electric Mustang Mach-E crossover by as much as $3,000 as the automaker seeks to stay competitive in an increasingly crowded and unsettled sector of the automotive market. The price reductions, which were shared with dealerships and then posted Tuesday