Category Archives: Startups

TravelPerk grabs $44M to take its pain-free SaaS for business travel global

Only six months ago Barcelona-based TravelPerk bagged a $21 million Series B, off the back of strong momentum for a software as a service platform designed to take a Slack-like chunk out of the administrative tedium of arranging and expensing work trips. Today the founders’ smiles are firmly back in place: TravelPerk has announced a $44 million Series C to keep stoking growth that’s seen it grow from around 20 customers two years ago to approaching 1,500 now. The business itself was only founded at the start of 2015. Investors […]

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Electric scooter startup Grin raises ~$45 million

Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America. Grin, which is based in Mexico City, had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others. Currently, Grin only operates in Mexico City, but it has plans to expand to other cities throughout Latin America. Electric scooters are clearly a hot space. U.S.-based companies like Bird and Lime have raised millions of dollars. Bird is currently […]

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Y Combinator survey confirms what we already know — female founders are too often victims of sexual harassment

Y Combinator has released the results of a survey, completed in partnership with its portfolio company Callisto, highlighting the pervasive role of sexual harassment in venture capital and technology startups. Callisto, a sexual misconduct reporting software built for victims, is a graduate of YC’s winter 2018 class. The company sent a survey to 125 of YC’s 384 female founders, asking if they had been “assaulted or coerced by an angel or VC investor in their startup career.” Eighty-eight female founders completed the survey; 19 in total claimed to […]

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This robot uses lasers to ‘listen’ to its environment

A new technology from researchers at Carnegie Mellon University will add sound and vibration awareness to create truly context-aware computing. The system, called Ubicoustics, adds additional bits of context to smart device interaction, allowing a smart speaker to know it’s in a kitchen or a smart sensor to know you’re in a tunnel versus on the open road. “A smart speaker sitting on a kitchen countertop cannot figure out if it is in a kitchen, let alone know what a person is doing in a kitchen,” said […]

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Penta, the German challenger bank account for SMEs, raises €7M Series A

Penta, the German fintech startup that offers a digital bank account targeting SMEs, has raised €7 million in Series A funding. Backing the company once again is Inception Capital, with total funding now at €10 million since Penta was founded in May 2016. Launched in Germany in December, and powered by Banking-as-a-Platform solarisBank (rather than holding a banking license of its own), Penta is designed to meet the banking needs of small to medium-sized businesses, including startups. The premise is that SMEs are currently underserved by incumbent […]

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Entrepreneur First, the company builder backed by Greylock, lands in Bangalore

Entrepreneur First (EF), the London-HQ’d company builder that invests in individuals “pre-team, pre-idea” to enable them to found new startups, is scaling up rapidly, as it promised to so. Already running programs in Paris, Berlin, London, Singapore, and Hong Kong, the so-called talent-first investor is setting up shop in Bangalore, India. Although referred to as the “Silicon Valley of India,” Bangalore fits the EF bill quite well in terms of being a tech hub with latent potential, especially when measured by the small number of truly international […]

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AllTrails gets $75M to keep hikers happy

The app for hiking enthusiasts just secured a big round of capital that will help it map more trails worldwide. AllTrails has raised $75 million, led by Spectrum Equity, which has taken a majority stake in the company in the process. Founded in 2010, AllTrails raised a small amount of capital years ago from investors, including 2020 Ventures and 500 Startups. It was also part of AngelPad’s inaugural accelerator class. This is its first sizeable round of equity financing. AllTrails provides what it calls an “outdoors platform” that includes crowdsourced […]

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Zyl is now a nostalgia-powered photo app

AI-powered photo management app Zyl is going back to the drawing board with a streamlined, more efficient redesign. The app is now focused on one thing only — resurfacing your old memories. Taking photos on a smartphone is now a daily habit. But what about looking back at photos you took one year, three years or even eight years ago? It can pile up quite quickly. Zyl thinks there’s emotional value in those long-forgotten photos. Before this update, Zyl helped you delete duplicates, create smart photo albums […]

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Want to reduce fraud? Make a better password, dummy!

Researchers at Indiana University have confirmed that stringent password policies – aside from being really annoying – actually work. The research, led by Ph.D. student Jacob Abbott, IU CIO Daniel Calarco, and professor L. Jean Camp. They published their findings in a paper entitled “Factors Influencing Password Reuse: A Case Study.” “Our paper shows that passphrase requirements such as a 15-character minimum length deter the vast majority of IU users (99.98 percent) from reusing passwords or passphrases on other sites,” said Abbott. “Other universities with fewer password […]

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Readdle’s Denys Zhadanov to talk about bootstrapping at Disrupt Berlin

Readdle might not be a familiar name, but chances are you’ve been using some of their mobile apps. The Ukrainian company is a bootstrapped success story with 100 million downloads, 135 employees and a profitable business. That’s why I’m excited to announce that Readdle Vice President Denys Zhadanov is coming to TechCrunch Disrupt Berlin to talk about this remarkable journey. Readdle is behind some of the most popular productivity apps on iOS, such as Spark, PDF Expert, Calendars 5, Scanner Pro and Documents. When you browse the […]

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