Category: Startups
Cityscoot raises another $25.6 million for its electric moped service
French startup Cityscoot is raising a $25.6 million (€23.6 million) funding round from Allianz France, Demeter as well as existing investors Groupe RATP and Banque des Territoires. The startup is also raising at least $6.5 million (€6 million) in debt in order to finance its service. Cityscoot is a free-floating…
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Startup malaise, startup ambition
Recapped. Layoffs. Slowdown. CEO transition. Budget cuts. Downsizing. In spite of a spate of massive startup exits the last few months, culminating in fintech’s shining moment yesterday with Intuit’s $7.1 billion acquisition of Credit Karma, it’s been a tough period for the startup world. Layoffs abound, centered perhaps on SoftBank’s…
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Announcing the TC Pitch Night: Robotics + AI startups
The night before the Robotics + AI event at UC Berkeley, TechCrunch is hosting a private Pitch Night, featuring innovative startups in robotics and artificial intelligence. After reviewing hundreds of applications, TechCrunch selected the early-stage startups below to pitch in front of industry executives, TC writers and our expert panel…
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For investors, late-stage fintech startups are a lucrative bet
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Over the past three months, a number of financial events have occurred in the fintech and finservices world that have caught our eye. Between two rounds at $500 million and…
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Blockchain security startup CoolBitX raises $16.75 million Series B round
CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised $16.75 million in Series B funding, led by returning investor SBI Holdings, a Japanese financial group. Korean cryptocurrency exchange Bitsonic, Monex Group, another Japanese financial group, and Taiwan’s National Development Fund also participated. Founded in 2014, CoolBitX…
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Grab and Gojek began discussing a potential merger more than three months ago
After a report that it is considering a potential merger with Grab, Gojek denied that it is planning a deal with its rival, but a source tells TechCrunch that the two companies have been talking for about three and a half months, beginning after Gojek founder and former CEO left…
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