Category: TC
Untitled Ventures joins the scramble for Russian & Eastern European startups with a $118M warchest
Sorry Mr. Putin, but there’s a race on for Russian and Eastern European founders. And right now, those awful capitalists in the corrupt West are starting to out-gun the opposition! But seriously… only the other day a $100 million fund aimed at Russian speaking entrepreneurs appeared, and others are proliferating.…
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Indonesian B2B marketplace GudangAda raises more than $100M in new funding
GudangAda founder and chief executive officer Stevensang GudangAda, a Jakarta-based marketplace that brings wholesalers closer to retail stores and other buyers, announced it has closed a Series B of more than $100 million. The company says the round was oversubscribed, passing its initial target of $75 million. The funding was…
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Indonesia “sea-to-table” platform Aruna hooks $35M led by Prosus and East Ventures Growth Fund
When Aruna’s founders first met at university, they wanted to find a way to use their studies in information technology to help family members who were running small fisheries. Indonesia is one of the world’s largest fisheries producers, but the industry is very fragmented. This means fisheries, especially small ones,…
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Daily Crunch: India’s most valuable startup buys US-based digital reading platform Epic for $500M
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Extra Crunch for July 21, 2021. It’s been a good day for crypto fans, with major coins seeing some recovery from recent lows.…
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Rivian plans to install EV chargers in Tennessee’s 56 state parks
Rivian electric vehicle charging stations are coming to yet another state park system. The EV startup said it would install its so-called “waypoint” chargers at all of Tennessee’s 56 state parks, just four months after announcing a similar agreement with the state of Colorado. It’s the next step in Rivian’s…
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These simple metrics will tell you if your startup is ready to scale
Consider gross churn rate, the magic number and gross margin Tae Hea Nahm 8 hours Tae Hea Nahm Contributor Tae Hea Nahm is co-founder and managing director of Storm Ventures and is the co-author of the “Survival to Thrival” book and podcast series. For more, visit Unlock, his online resource.…
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