Tag: Startups
Liberis, the embedded finance provider for SMEs, raises additional £70M in equity and debt
Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in funding. The round is a mixture of equity and debt, although the company is declining to disclose the percentage split,…
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Peloton will pay $420 million to acquire fitness equipment maker Precor
Home fitness tech has been on a tear in 2020, and one major player is gearing up to capitalize on shifting workout habits for the long haul. In a press release, Peloton today confirmed its plans to acquire Precor, a maker of home and commercial-grade… Source
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Despite economic downturn, space startup funding defies gravity
Plus: what Spacefund and LMVC look for in founder teams Kirsten Korosec 8 hours The COVID-19 pandemic might have upended the global economy, but according to Meagan Crawford at Spacefund and Chris Moran with Lockheed Martin Ventures, it didn’t dampen investment in space startups. The space industry has enjoyed a…
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Silicon Valley should reward zebras, not unicorns
Rebecca Honeyman Contributor Silicon Valley has a unicorn problem. While no one is calling for startups with high valuations to go extinct, there ought to be a lot fewer of them. At least that’s what many young founders have concluded after looking at the trials and travails of billion-plus-dollar private…
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3 VCs discuss space junk and what else they’re betting on right now
Space may be the final frontier, but in terms of investment, VCs are just getting started. With that in mind during TC Sessions: Space 2020 last week, we spoke to three investors who’ve been actively funding what could become tomorrow’s biggest companies to learn where they might focus next. Sustainability…
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Equity Monday: Billion-dollar deals, JetBrain’s epic profitability, and our favorite new VC rounds
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds, and mulls over a larger theme or narrative…
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