Tag: TC
Mural raises $23M Series A after history of capital-efficient growth
This morning Mural, a software startup focused on visual collaboration1, announced that it closed a $23 million Series A round of capital. The funds come after MURAL, formerly Mural.ly, had raised just a few million dollars previously. That fact made its round interesting: How did the company raise ten times…
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GM commits $3 billion to build electric and autonomous vehicles in Michigan
GM said Monday it will invest $2.2 billion into its Detroit-Hamtramck assembly plant to produce all-electric trucks and SUVs as well as a self-driving vehicle unveiled by its subsidiary Cruise. The automaker will invest an additional $800 million in supplier tooling and other projects related to the launch of the…
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WholyMe, which makes natural products for chronic pain, closes Seed round
WholyMe, a London startup that makes and markets ‘natural relief’ products to manage chronic pain, has closed a £500,000 Seed round from investors Financière Saint James, V1 Capital, Guibor and business angels. The round also includes Joyance Partners, a New York-based VC concentrating on the new science emerging around ‘health…
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Berlin venture studio Merantix raises $27M fund to concentrate on AI startups
Berlin-based Merantix, a venture studio which specifically concentrates on building ‘AI companies’, says it has raised a new €25M fund ($27M). Anchor investors include Trusted Insight, the Robert Wood Johnson Foundation, the W.K. Kellogg Foundation, as well as further family offices from Europe. Co-founder Adrian Locher said in a statement…
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Equity Monday: A global selloff, MURAL snags $23M, and two unicorns that can’t raise
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years don’t worry — we’re not changing it in the slightest. (Here’s last week’s episode which took…
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Teller raises $4M to take on Plaid in the U.S. by providing API access to bank accounts
“They’re idiots, they’re really naive,” is how Stevie Graham, the co-founder of fintech Teller, once described Open Banking Limited, the body charged with delivering open banking in the U.K. His view back in 2017 — which now looks somewhat prophetic — was that open banking wouldn’t be the competition driver…
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