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Alex Wilhelm @ TechCrunch · 03/26/2021 11:22 EDT

WeWork lines up for a second run at the public markets

At this point, if you aren't going public via a direct listing, traditional IPO or SPAC, are you even a growthy business? Read more

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TechCrunch
Anthony Ha @ TechCrunch · 03/26/2021 10:10 EDT

Benitago Group raises $55M in combined debt and equity to buy and grow Amazon brands

Benitago Group, a startup looking to build a big portfolio of Amazon brands, is announcing that it has raised $55 million in new funding — most of it in the form of credit lines to fund acquisitions, plus an equity investment. “We want to take these brands and growth them and run them a lot […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 03/26/2021 10:03 EDT

What Silicon Valley could learn from China’s Q&A platform Zhihu

China’s largest question and answer platform Zhihu began trading in New York at $9.5 per share at the lower end of its IPO range, valuing the company at about $5.3 billion. The aggregate offering size of Zhihu’s IPO and the concurrent private placements is $772.5 million, assuming the underwriters do not exercise their option to […] Read more

2

TechCrunch
Zack Whittaker @ TechCrunch · 03/26/2021 10:00 EDT

A new Android spyware masquerades as a ‘system update’

Security researchers say a powerful new Android malware masquerading as a critical system update can take complete control of a victim’s device and steal their data. The malware was found bundled in an app that had to be installed outside of Google Play, the app store for Android devices. Once installed by the user, the […] Read more

11

TechCrunch
Natasha Mascarenhas @ TechCrunch · 03/26/2021 10:00 EDT

You can only invest if you promise not to read the fine print, ok?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. News was right back up to a dull roar this week, so we did our best to trim and hone and just bring you the most […] Read more

0

TechCrunch
Mary Ann Azevedo @ TechCrunch · 03/26/2021 09:30 EDT

Crypto boom continues as Chainalysis raises $100M, doubles valuation to over $2B

Chainalysis, a blockchain analysis company, announced Friday it has closed on $100 million in Series D financing, doubling its valuation to over $2 billion. The round comes just four months after the company secured a $100 million Series C round at a $1 billion valuation. Paradigm led the latest funding event while existing backers Addition […] Read more

2

TechCrunch
Alex Wilhelm @ TechCrunch · 03/26/2021 09:10 EDT

A first look at UiPath’s IPO filing

This morning, well-known robotic process automation (RPA) unicorn UiPath has filed to go public. The company’s S-1 filing comes after it raised billions of dollars while private, making it amongst the best-funded startups in history. Over the last year, for example, the company’s rapid-fired fundraising included its Series E and Series F rounds of capital, both […] Read more

0

TechCrunch
Ron Miller @ TechCrunch · 03/26/2021 08:10 EDT

No code, workflow, and RPA line up for their automation moment

We’ve seen a lot of trend lines moving throughout 2020 and into 2021 around automation, workflow, robotic process automation (RPA) and the movement to low-code and no-code application building. While all of these technologies can work on their own, they are deeply connected and we are starting to see some movement towards bringing them together. […] Read more

4

TechCrunch
Darrell Etherington @ TechCrunch · 03/26/2021 08:00 EDT

Vibrant raises $7.5M for a drug-free mechanical pill to treat constipation

Vibrant, a medical technology company that’s developed a disposable vibrating pill to treat chronic constipation, today announced its Series E for $7.5 million. The company is based in Tel Aviv and is lead by Lior Ben-Tsur, a startup veteran. Since its founding in 2007, the company has raised a total of $25 million. This round is […] Read more

6

TechCrunch
Manish Singh @ TechCrunch · 03/26/2021 06:49 EDT

Google’s latest investment in India is a startup that is helping businesses come online. One-year-old DotPe, a Gurgaon-based startup, said on Friday it has raised $27.5 million in its Series A financing round. The round was led by PayU, with participation from existing investor Info Edge Ventures and Google. The young startup, now valued at […] Read more

1

TechCrunch
Catherine Shu @ TechCrunch · 03/26/2021 05:01 EDT

“Link-in-bio” company Linktree raises $45M Series B for its social commerce features

If you browse Instagram, you are probably familiar with the term “link in bio.” Links aren’t allowed in post captions, and users are only allowed one URL in their bios, so many create a simple website with multiple links for their followers. Linktree, one of the most popular “link in bio” services with more than […] Read more

6

TechCrunch
Catherine Shu @ TechCrunch · 03/26/2021 04:37 EDT

YC-backed Homebase is an alternative to traditional mortgages for home buyers in Vietnam

The home ownership rate in Vietnam is about 90%, but many millennials are struggling to join that number. Rising property prices in cities, coupled with a lack of financing options, mean more people have to delay buying their first homes unless they have family support. Part of Y Combinator’s latest batch, Homebase was founded in 2019 […] Read more

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TechCrunch
Annie Siebert @ TechCrunch · 03/26/2021 02:25 EDT

There is tremendous potential in the Middle East for adtech startups and digital marketing agencies. Although consumers there used to prefer traditional advertising, the internet took over in 2020. Read more

6

TechCrunch
Connie Loizos @ TechCrunch · 03/25/2021 20:13 EDT

BBG Ventures just closed on $50 million to fund more women-led startups

BBG Ventures, a now eight-year-old, New York-based seed- and early-stage venture firm that only backs founding teams which feature at least one woman, just locked down $50 million in capital for its third fund, a major leap over its first two funds, both sized at $10 million. One determining factor in the bigger fund is […] Read more

0

TechCrunch
Anthony Ha @ TechCrunch · 03/25/2021 19:44 EDT

Daily Crunch: Zuckerberg defends Facebook over role in Capitol attack

Tech executives face Congress, Spotify gets a redesign and Snapchat is developing a new Remix feature. This is your Daily Crunch for March 25, 2021. The big story: Zuckerberg defends Facebook over role in Capitol attack Facebook’s Mark Zuckerberg, Twitter’s Jack Dorsey and Google’s Sundar Pichai appeared at a hearing today with the House Energy […] Read more

0

TechCrunch
Devin Coldewey @ TechCrunch · 03/25/2021 17:58 EDT

These House hearings on tech are a waste of time and everyone knows it

If Congress wants to write laws that effectively regulate companies like Facebook, Google, and Twitter, it needs to change the ways it interacts with those companies, because these hearings ain’t it. They’re a waste of everyone’s time, and no one is even pretending otherwise. To truly put Big Tech on the spot, future hearings need […] Read more

1

TechCrunch
Kirsten Korosec @ TechCrunch · 03/25/2021 17:48 EDT

Porsche adds the all-electric Taycan to its subscription program

Porsche has added its first all-electric vehicle, the Taycan sports sedan, to its subscription and short-term rental program as part of a broader expansion that aims to build a new customer base of U.S. owners. The German automaker said Thursday it is also expanding the Porsche Drive subscription and rental programs to five more cities […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 03/25/2021 16:49 EDT

Twitter CEO Jack Dorsey busted for tweeting during congressional hearing

Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during today’s congressional hearing on disinformation and extremism. The tech exec’s tweet was likely expressing frustration with the format of the hearing, which once again saw the tech CEOs forced to boil down their answers to complicated questions into simple “yes” […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 03/25/2021 15:40 EDT

Former Blue Apron CEO Matt Salzberg raises $25M for his new venture studio Material

Matt Salzberg, who co-founded and served as CEO of meal kit startup Blue Apron until 2017, is back in the startup business with a new venture studio called Material. Along with Salzberg, Material is led by partners Andy Salamon (formerly a general partner at Atomic Labs who backed Hims and Terminal) and Danielle David Parks […] Read more

0

TechCrunch
Danny Crichton @ TechCrunch · 03/25/2021 14:43 EDT

Pussy Riot shows the cypherpunk power of feminist NFTs

It might seem like everyone and their mom is selling a non-fungible token (NFT) these days, but Pussy Riot co-founder Nadya Tolokonnikova is one of the few strategizing beyond the hype cycle. The NFT market is just getting started, but where is it headed? “I’ve been using cryptocurrency before this,” Tolokonnikova told TechCrunch, noting Pussy […] Read more

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