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Jonathan Shieber @ TechCrunch 2 place · 02/11/2021 10:49 EDT

Planning 500,000 charging points for EVs by 2025, Shell becomes the latest company swept up in EV charging boom

Shell’s plan to roll out 500,000 electric charging station in just four years is the latest sign of an EV charging infrastructure boom that has prompted investors to pour cash into the industry and inspired a few companies to become public companies in search of the capital needed to meet demand. Since the beginning of […] Read more ›

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TechCrunch
Connie Loizos @ TechCrunch · 02/11/2021 10:45 EDT

Maisonette is becoming a go-to brand for fashion-conscious families; here’s how

Maisonette, a four-year-old, New York-based company has aimed from the outset to become a one-stop curated shop for everything a family might need for their young children. That plan appears to be working. Today, the company — which launched with preppy young children’s apparel and has steadily built out categories that include home decor, home […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 02/11/2021 10:38 EDT

Reduct.Video raises $4M to simplify video editing

The team at Reduct.Video is hoping to dramatically increase the amount of videos created by businesses. The startup’s technology is already used by customers including Intuit, Autodesk, Facebook, Dell, Spotify, Indeed, Superhuman and IDEO. And today, Reduct is announcing that it has raised a $4 million round led by Greylock and South Park Commons, with […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 02/11/2021 10:28 EDT

Treinta announces $500k+ in funding for its microbusiness financial app

Treinta, a startup that is part of the Winter 2021 Y Combinator cohort, announced this morning that it has raised north of half a million dollars for its bookkeeping and inventory management software aimed at Latin American small businesses. The capital was raised between a small friends-and-family round, Y Combinator’s investment in Treinta, and another […] Read more ›

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TechCrunch
Steve O'Hear @ TechCrunch · 02/11/2021 10:01 EDT

Tillit, a fintech offering buy now, pay later for B2B purchases, is closing in on investment from Sequoia

Tillit, a fintech startup that is building something akin to buy now, pay later for B2B purchases , looks set to become Sequoia’s next European investment, TechCrunch has learned. According to multiple sources, the Silicon Valley VC — which recently expanded to Europe with an office in London — is backing a €2.5 million round […] Read more ›

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TechCrunch
Jordan Crook @ TechCrunch · 02/11/2021 10:00 EDT

2up launches ahead of Valentines Day to help gamers find one another

People don’t often equate gaming with dating, but maybe they should. As gaming continues to grow in popularity, particularly in the wake of the pandemic, a new startup called 2up is launching to help gamers connect both on and off screen. The app was founded by sibling duo Stephanie and Lincoln Smith, who have been […] Read more ›

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TechCrunch
Jordan Crook @ TechCrunch · 02/11/2021 10:00 EDT

Workplace injuries and illnesses cost the U.S. upwards of $250 billion each year, according to the Economic Policy Institute. ERA-backed startup Intenseye, a machine learning platform, has raised a $4 million seed round to try to bring that number way down in an economic and efficient way. The round was co-led by Point Nine and […] Read more ›

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/11/2021 09:00 EDT

401(k) provider Human Interest doubles valuation with $55M fundraise

Human Interest, a 401(k) provider for small and medium-sized businesses (SMBs), announced Thursday that it has tacked on another $55 million to its Series C. The news is notable for a couple of reasons. For one, the San Francisco-based company had already raised $50 million across two tranches in 2020. Secondly, the majority of its […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 02/11/2021 08:43 EDT

TikTok emerges as a political battleground in Navalny-stirred Russia

TikTok has crafted a number of policies over the years to distance itself from the often-messy political fray, but its users continue to have other agendas in mind. In Russia, a tug-of-war has emerged on the social network. On one side are young people using the app to create videos in support of free speech, […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/11/2021 08:30 EDT

UpEquity raises $25 million in equity and debt for its cash-pay mortgage lending service

With a stated goal of aligning the mortgage industry with consumer interests, Austin-based UpEquity has raised $25 million in equity and debt funding to expand its business. Chief executive Tim Herman started the mortgage lending company to take advantage of what he saw as inefficiencies in the $2 trillion U.S. housing market. Existing financial services […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/11/2021 08:28 EDT

EV charging stations, biofuels, the hydrogen transition and chemicals are pillars of Shell’s climate plan

Royal Dutch Shell Group, one of the largest publicly traded oil producers in the world, just laid out its plan for how the company will survive in a zero-emission, climate conscious world. It’s a plan that rests on five main pillars that include the massive rollout of electric vehicle charging stations; a greater emphasis on […] Read more ›

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/11/2021 07:30 EDT

Capitalize, a startup that wants to make it easy to roll over your 401(k), closes on $12.5M Series A

If you’ve ever left a job, chances are you left your 401(k) plan along with it. And, if you’re like many Americans and change jobs every few years or so, you could have multiple 401(k) plans spread out at various companies, doing their own thing. Many of us don’t deal with the hassle of trying […] Read more ›

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 02/11/2021 06:00 EDT

Goldman Sachs and Sesame Workshop pour money into this edtech firm’s newest fund

Shauntel Garvey and Jennifer Carolan liked edtech before the sector was cool, so the duo co-founded Reach Capital in 2015 with a $53 million debut fund. The San Francisco-based venture firm has since put checks into education startups including Newsela, Sketchy, ClassDojo and Outschool, landing six exits so far. Now, after seeing its portfolio accelerate […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 02/11/2021 05:08 EDT

SuperAnnotate, a computer vision platform, partners with with open-source to spread visual ML

SuperAnnotate, a NoCode computer vision platform, is partnering with OpenCV, a non-profit organization that has built a large collection of open-source computer vision algorithms. The move means startups and entrepreneurs will be able to build their own AI models and allow cameras to detect objects using machine learning. SuperAnnotate has so far raised $3M to […] Read more ›

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 02/11/2021 05:00 EDT

How African startups raised investments in 2020

The venture capital scene in Africa has consistently grown, with an influx of capital from local and international investors reaching unprecedented heights in recent years. To understand how much growth has occurred, African startups raised a meagre $400 million in 2015 compared to the $2 billion that came into the continent in 2019, according to […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 02/11/2021 04:30 EDT

Crypto-currency pioneer Diana Biggs joins digital assets startup Valour as its new CEO

Crypto-currency pioneer and early Bitcoin thought-leader Diana Biggs has joined Swiss-based startup Valour, which lets investors easily buy digital assets through their bank or broker. The move is significant with the news that Tesla has bought $1.5 billion worth of Bitcoin, thus massively boosting the mainstream markets for crypto assets. Biggs explored the potential for […] Read more ›

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TechCrunch
Steve O'Hear @ TechCrunch · 02/11/2021 04:06 EDT

Monzo, the British challenger bank nearing 5 million customers, has recruited a new U.S. CEO

Monzo, the U.K. challenger bank with just shy of 5 million customers, has recruited a new U.S CEO to head up its efforts states-side, TechCrunch has learned. Carol Nelson, who previously spent ten years as CEO of Cascade Bank and prior to that was a long time senior vice president of Bank of America, will […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 02/11/2021 04:00 EDT

Cloud automation startup Spacelift raises $6M Series A led by Blossom Capital

Spacelift, a startup that automates the management of cloud infrastructure, has raised $6 million in a Series A funding round led by London’s Blossom Capital. Polish fund Inovo Venture Partners and Hoxton Ventures are also investing. The Polish and US-based startup is taking advantage of the opportunity presented by the increasingly complex cloud world, with […] Read more ›

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 02/11/2021 03:00 EDT

Pngme, a financial data platform, closes $3M seed to accelerate growth in Sub-Saharan Africa

Since M-Pesa’s mobile money infrastructure came into play in 2007, there has been a proliferation of fintech services ranging from wallets to savings and loans. With this mobile money ecosystem growing in double-digits year-on-year, a lot of data is being created in the process. But this has left some fragmentation, where one person’s information is […] Read more ›

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TechCrunch
Manish Singh @ TechCrunch · 02/11/2021 01:33 EDT

India’s BharatPe valued at $900 million in new $108 million fundraise

India may soon have another fintech unicorn. BharatPe said on Thursday it has raised $108 million in a financing round that valued the New Delhi-based financial services startup at $900 million. Coatue Management led the three-year-old startup’s Series D round. Other six existing institutional investors — Ribbit Capital, Insight Partners, Steadview Capital, Beenext, Amplo and Sequoia […] Read more ›

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