Category: Fundings and Exits

Framer, the interactive design platform, scores $24M Series B led by Atomico – TechCrunch

Framer, the Amsterdam-based startup behind interactive design platform Framer X, has raised $24 million in Series B investment. The round is led by European VC firm Atomico, with participation from Accel, and AngelList. The startup says it will use the new capital to continue building out its platform for designers

Clearbanc raises $70M to give startups ad money for a rev share – TechCrunch

Selling equity to buy Facebook and Google ads is a bad deal for startups. Clearbanc offers a fundraising alternative. For fast-growing businesses reliably earning sales from their marketing spend, Clearbanc offers funding from $5,000 to $10 million in exchange for a steady revenue share of their earnings until it’s paid

SAP agrees to buy Qualtrics for $8B in cash, just before the survey software company’s IPO – TechCrunch

Ryan Smith of Qualtrics speaks onstage during TechCrunch Disrupt SF 2015 Enterprise software giant SAP announced today that it has agreed to acquire Qualtrics for $8 billion in cash, just before the survey and research software company was set to go public. The deal is expected to be completed in

Bonobo AI raises $4.5M seed round to help companies turn interactions with customers into valuable data – TechCrunch

Bonobo AI, an AI-based platform that helps companies get insights from customer support calls, texts and other interactions, announced today that it has raised $4.5 million in seed funding led by G20 Ventures and Capri Ventures. Founded in 2016 and led by co-founder and CEO Efrat Rapoport, the Tel Aviv-based

Social media content and analytics startup PressLogic raises $10M from popular Chinese selfie app Meitu – TechCrunch

PressLogic founders Ryan Cheung and Edward Chow PressLogic, a Hong Kong-based social media content and data analytics startup, announced today that it has raised a $10 million Series A+ round from Meitu, developer of the popular Chinese selfie app. PressLogic will use the funds to launch its new lifestyle brand GirlStyle

Home Made raises further £2M for its premium online lettings agency – TechCrunch

Home Made, the London premium online lettings agency, has raised a further £2 million in funding. The round is led by Athens-based venture capital firm VentureFriends, and follows the proptech startup’s £850,000 “pre-seed” round nine months ago. Founded in 2016 by Asaf Navot, a former Bain strategy consultant and INSEAD

Precision farming startup Taranis gets $20M Series B for its crop-monitoring tech – TechCrunch

Taranis, an ag-tech startup that uses aerial scouting and deep learning to identify potential crop issues, announced today that it has raised a $20 million Series B led by Viola Ventures. Existing investors Nutrien (one of the world’s largest fertilizer producers), Wilbur-Ellis venture capital arm Cavallo Ventures and Sumitomo Corporation

VMware acquires Heptio, the startup founded by 2 co-founders of Kubernetes – TechCrunch

During its big customer event in Europe, VMware announced another acquisition to step up its game in helping enterprises build and run containerised, Kubernetes-based architectures: it has acquired Heptio, a startup out of Seattle that was co-founded by Joe Beda and Craig McLuckie, who were two of the three people who

SoftBank to wait on Khashoggi murder investigation before deciding on second Vision Fund – TechCrunch

SoftBank CEO Masayoshi Son says the company won’t walk away from its existing commitment with the Saudi Arabian royal family — the largest LP in its $100 billion Vision Fund — but the firm will wait on the outcome of an investigation into the death of journalist Jamal Khashoggi before deciding

Retail-as-a-service provider Leap raises $3M and launches first store – TechCrunch

The past decade in retail has been the golden age of direct-to-consumer (D2C) and digitally native vertical brands (DNVBs) that use the internet to communicate with customers, execute transactions, handle distribution and offer better economics. But as small independent startups have scaled into unicorn territory and as countless brands have saturated

HashiCorp scores $100M investment on $1.9 billion valuation – TechCrunch

HashiCorp, the company that has made hay developing open-source tools for managing cloud infrastructure, obviously has a pretty hefty commercial business going too. Today the company announced an enormous $100 million round on a unicorn valuation of $1.9 billion. The round was led by IVP, whose investments include AppDynamics, Slack

KKR’s latest Southeast Asia bet is a $144M investment in PropertyGuru – TechCrunch

Global investment giant KKR is warming up to Southeast Asia after it made a third high-profile investment. The firm — which has nearly $150 billion in assets under management — has cut a SG$200 million (US$144 million) check for PropertyGuru, the region’s largest property listings group. Founded in 2006, PropertyGuru operates rental

Monzo, the U.K. challenger bank, raises £85M Series E at a £1B pre-money valuation – TechCrunch

Monzo, the U.K. challenger bank that now boasts more than a million customers, has raised £85 million in Series E funding. The round is led by U.S. venture capital firm General Catalyst, and Accel. Existing backers Passion Capital, Goodwater, Thrive Capital, Orange Digital Ventures, and Stripe also participated. The latest

Failed drone startup Airware auctions assets, Delair buys teammates – TechCrunch

Airware desperately sought cash for 18 months before running out of money and shutting down last month, leaving about 120 employees without jobs after the startup had burned $118 million in funding. Bandaid strategic investments from construction company Caterpillar and others kept Airware alive as it looked for a $15