Startups

As Tropical Storm Harvey made its second landfall near the border of Louisiana and Texas this week, New Orleans marked the 12-year anniversary of Hurricane Katrina. In the intervening years since those storms, the nation has been continually pummeled by “historic” climatological events. While the country has been taking this beating from Mother Nature, the
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Startups rise and startups fall. 2017 has seen some prominent startups go under. From Jawbone to Beepi to Yik Yak, these companies raised major cash before they ultimately shut their doors. What follows are 10 of the best-funded companies to close in the first nine months of 2017. Together these companies raised a combined $1.7
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Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: In a pleasant Friday surprise, Roku dropped its S-1 document today, detailing its financial performance and corporate strategy. The filing indicates that the company intends to raise $100 million in its debut. The figure
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Appier co-founder and CEO Chih-Han Yu (middle) with the startup’s employees Appier, a Taiwanese startup that helps companies harness artificial intelligence to make marketing decisions, announced today that it has raised a $33 million Series C round from an impressive roster of Asian investors. They are SoftBank Group Corp., Line Corp., Naver Corp., EDBI (the
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Western Digital has today announced that it purchased Upthere for an undisclosed amount. Upthere had previously raised $77 million from an impressive list of investors, with KPCB and Western Digital Ventures leading the round, along with Floodgate, Elevation Partners, GV, NTT Docomo Ventures and Square 1 Bank. Upthere wants you to think of its service
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Leela Kids is a very straightforward app that nonetheless might prevent some parents from going insane. It curates podcasts by subject matter for age ranges from three to 15 years old and packages them in a kid-friendly interface. Leela Kids gives caretakers peace of mind that whatever their charges are listening to is age-appropriate and
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What if you could see if your Instagrams made people happy, surprised or disgusted? That’s just one of the innovative features of new photo-sharing social network Polygram. Using facial detection, Polygram gives you analytics about the emotional reactions people have to the photos you post. Polygram also has augmented reality makeup that lets you look
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WeWork just announced that it’s receiving a massive $4.4 billion investment from SoftBank Group and SoftBank Vision Fund. It’s been less than a month since WeWork announced $500 million in funding for a standalone WeWork China business, which SoftBank participated in. It’s also launching in Japan through a joint venture with SoftBank — so this
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Noah Schottenstein Contributor Noah Schottenstein is an associate at Baker Botts LLP. The entrepreneurial ecosystem has seen an unprecedented rush of investment over the past five years. But deal activity slowed considerably in 2016 and has leveled off during the first part of 2017. As trends continue to revert to the pre-2013 means, entrepreneurs should
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Left to Right: VP Production Dirk Gebser, Head of Recruitment Meggy Sailer, CCO Dr Remo Gerber, and co-founder CEO Daniel Wiegand Lilium is almost as ambitious as European startups come. The Munich-based company is developing an all-electric vertical take-off and landing (VTOL) jet, which it hopes will one day power an on-demand “air taxi” service,
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