Tag: Fundings & Exits
Daily Crunch: Airbnb raises another $1B
Airbnb turns to private equity for new funding, WhatsApp takes new steps to fight disinformation and another potential COVID-19 vaccine enters human trials. Here’s your Daily Crunch for April 7, 2020. 1. Airbnb turns to private equity to raise $1 billion Airbnb said Monday that it has raised $1 billion…
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Bringg nabs $30M to expand its delivery logistics platform used by Walmart and others
Over the last several years, delivery services have become a key component of how retailers, or anyone selling or distributing products and services, do business. Now, with a global health pandemic in full swing keeping people indoors (and away from physical storefronts), delivery has become an essential must-have if you…
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BounceX cuts staff, reduces salaries in wake of COVID-19 economic disruptions
TechCrunch confirmed today that BounceX (the firm is rebranding this year) has executed layoffs and salary cuts in the wake of recent COVID-19-led economic disruptions. Many startups are undergoing staff cuts as the domestic and global economies slow, making individual reductions less newsworthy as the layoff tally rises. However, as…
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Foursquare merges with Factual
Foursquare, the 10-year-old location platform based in New York City, has today announced its plan to merge with Factual. The terms of the deal were not disclosed. The merged company will keep the Foursquare moniker, and Foursquare CEO David Shim will remain at the helm, with Factual’s founder and now-former…
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Equity Monday: Hunting for green shoots amidst the startup data
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Before we jump into today’s show, don’t forget that the long-form Equity that we’ve done for more than three years still drops on Friday. Last week’s was a particular delight, so make sure…
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Open banking fintech Yapily raises $13M Series A
Yapily, one of a number of fintech startups that offer an opening banking API to let enterprises, such as financial service providers and merchants, connect to banks, has raised $13 million in Series A funding. Leading the round is Lakestar, which is also a backer of fintech unicorn Revolut. Existing…
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