Self-cleaning water bottle company LARQ raises a $10M Series A

After launching its first bottle in 2018, LARQ has drummed up a good deal of interest among consumers looking for ways to wean themselves off of plastic bottles. Last year alone, the Bay Area-based startup managed to sell 75,000 bottles, with help from retail partners like Nordstrom and Bloomingdal

PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry

Shipping has long been one of the more antiquated, and least technological, segments in the world of commerce, with its physical aspects — rooted in massive cargo tankers, giant fleets of aircraft and trucks, and trains of linked-up containers — underscoring some of the more obvious ana

Crypto exchange Bitpanda closes $52M Series A from Valar Ventures, backed by Peter Thiel

Bitpanda, a crypto assets platform, has closed a $52 million Series A funding round from Valar Ventures, a venture capital firm backed by Peter Thiel. Vienna-based VC Speedinvest also participated, alongside other unnamed investors. Claiming 1.3 million users, Bitpanda has previously been trading

Online course platform Thinkific raises $22M

It’s been a big year for online learning companies — and it sounds like Thinkific is no exception. The Vancouver-based startup is announcing that it has raised $22 million in new funding. Thinkific is different from businesses such as MasterClass (which raised $100 million this year) and Sk

Huboo, the ‘full stack’ fulfilment provider, picks up £14M Series A

Huboo, the U.K.-headquartered startup that offers an end-to-end fulfilment service for online retailers of all sizes, has raised £14 million in Series A funding. The round is led by Stride.VC, with participation from Hearst Ventures. Existing investors, including Episode 1, Maersk Growth, Ada Vent

Travel activities platform KKday raises $75 million Series C as it focuses on ‘staycations’

With lockdowns around the world, the COVID-19 pandemic has hit the travel industry especially hard. In Asia, however, several startups are adapting by focusing on domestic activities (or “staycations”) instead of international travel. They include Taipei-based KKday, which announced tod

Multis is a business bank account for cryptocurrencies

Meet Multis, a French startup that is building business bank accounts, except that it lets you store, send and receive cryptocurrencies. The startup just raised a $2.2 million seed round. Investors in today's funding round include White Star Capital, Y Combinator, Coinbase Ventures, eFounders,

Russian surveillance tech startup NtechLab nets $13M from sovereign wealth funds

NtechLab, a startup that helps analyze footage captured by Moscow’s 100,000 surveillance cameras, just closed an investment of more than RUB 1 billion ($13 million) to further global expansion. The five-year-old company sells software that recognizes faces, silhouettes and actions on videos.

Exotec raises $90 million for its warehouse robots

French startup Exotec has raised a $90 million Series C round led by 83North, with existing investors Iris Capital and Breega also participating. Other existing investors include 360 Capital. The company has been working on semi-automated warehouses for e-commerce clients. The system is based on ti

XtalPi lands massive $319M SoftBank-led round C to continue its high-tech drug discovery

XtalPi, an American-Chinese biotech firm that focuses on AI-assisted drug discovery, has raised a $319 million round C from a slate of enthusiastic investors led by SoftBank’s Vision Fund. It joins numerous others with 9-figure rounds in what is clearly a valuable and competitive space. XtalP

Indonesian fintech startup BukuWarung gets new funding to add financial services for small merchants

A month after completing Y Combinator's accelerator program, BukuWarung, a financial tech startup that serves small businesses in Indonesia, announced it has raised new funding from a roster of high-profile investors, including partners of DST Global, Soma Capital and 20VC. The amount of the fu

Microsoft outage leaves users unable to access Office, Outlook, Teams

Microsoft said it’s investigating an authentication outage with Office 365, preventing users from accessing some of the company’s most widely used services, including Office.com, Outlook.com and Teams. The company’s status dashboard said the issue started at 2:25 p.m. PT, and has

Gillmor Gang: Over 2 U

The pandemic shook up our (and virtually every other) video news production process as Zoom became the focus of our daily lives; slowly but surely we've altered the production process to reflect Zoom's easy onboarding and semi-casual approach to virtualized meetings and conversations.

Daily Crunch: Judge delays TikTok ban

Americans can continue using TikTok for now, Google updates its developer policies and Uber gets approval to resume operations in London. This is your Daily Crunch for September 28, 2020. The big story: Judge delays TikTok ban The saga continues! The Trump administration’s ban