Northzone
Finom, a European challenger bank aimed at SMEs (small and medium-sized enterprises) and freelancers, has raised €50 million ($54 million) in a Series B equity round of funding. Founded out…
Rayon is a collaborative design tool for architects and designers
When you think about collaborative design tools, chances are you immediately start thinking about Figma, the popular design tool that Adobe wants to acquire for $20 billion (by the way,…
Bedrock’s autonomous ocean-mapping ambitions score $25M as renewables rise
The demand for offshore wind has skyrocketed, like all renewable energy sources — but the necessary work of surveying, inspecting and mapping coastal areas is stuck in the past. Bedrock’s…
Molly Alter is joining venture capital firm Northzone after being a partner with Index Ventures since 2020.
‘Amex-meets-SecretNYC for Gen-Z’ startup raises $15.4M equity round to expand globally
A U.K. credit card rewards startup aimed at millennials and Gen Z consumers has stumbled upon a combined business model that has now secured it £12.5 million ($15.4 million in…
Infogrid raises $90M for its AI-driven building monitoring tech
Infogrid, a startup that uses AI to collect and analyze data on things like air quality, occupancy and energy consumption, today announced that it raised $90 million in a Series…
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Troop rallies retail investors to get out the proxy vote
Retail investors entered the stock market in droves over the past couple of years. Much ink has already been spilled analyzing competition between fintech companies such as Robinhood and Public.com to capture these new customers. But there’s another implication of this trend that’s less obvious: These new investors also have the power to introduce and…
VC funds still rolling as Northzone announces largest fund, while Salkantay is largest Peru fund
Northzone and Salkantay Ventures join other venture capital firms in raising their largest funds to date.
This niche cryptographic technique could transform privacy in web3
Privacy is a core concern in crypto. Once you know a crypto wallet address corresponds to a certain individual, you can track all the transactions that individual has made through…
UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages…
Pandemic and ‘revenge travel’ helps power Heygo to a $20M Series A funding round
During the worst throes of the COVID-19 pandemic, very few people could travel. Meanwhile, both 2021 and 2022 were predicted to be the years of “revenge travel” where people would…
Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa
Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.…
Stonly, a customer onboarding platform, raises $22M series A led by Northzone and Accel
In the age of COVID — or rather, the age of massive digitization of services, post-COVID — online customers want to onboard themselves to products and platforms. After all, isn’t…
Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be…
Soveren launches from stealth with $6.5M seed funding to automate GDPR compliance
Soveren, a London-based startup that automates the detection of privacy risks to help organizations comply with GDPR and CCPA, has launched out of stealth with $6.5 million in seed funding.…
Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers
SellersFunding created a lending and financial services platform to streamline global commerce for thousands of marketplaces, including working capital, cross-border cash management and taxes.
Stockeld Dreamery loves cheese so much that it raised $20M to make it out of legumes
Stockeld Chunk is made using fermented legumes, which gives the cheese a feta-like look and feel and contains 13% protein.
Magic lands $27M Series A for its ‘plug and play’ passwordless tech
Magic, a San Francisco-based startup that builds “plug and play” passwordless authentication technology, has raised $27 million in Series A funding. The round, led by Northzone and with participation from…
Forto raises $240M in funding round led by SoftBank, taking its valuation to $1.2B
Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It’s now raised $240 million in a round led…
Nested, the UK-based ‘modern’ estate agent, raises additional £5M to improve the home-selling experience
Nested, the London-based startup that is using technology to build a “modern” estate agency and improve the home-selling experience, has raised an additional £5 million. Backing comes from Axel Springer,…
Wendy Xiao Schadeck becomes Northzone’s first New York partner
Northzone‘s new partner Wendy Xiao Schadeck isn’t new to the firm — she actually joined back in 2015. Before entering the venture world, Schadeck co-founded co-working and childcare startup CoHatchery.…
Infogrid raises $15.5M from Northzone to retrofit buildings with ‘smart’ IoT
Infogrid, an IoT startup which can retrofit an existing building to make it “smart”, has raised $15.5 million. The Series A funding round was led by Northzone, with participation from…
Spacemaker, AI software for urban development, is acquired by Autodesk for $240M
Autodesk, the U.S. publicly listed software and services company that targets engineering and design industries, has acquired Norway’s Spacemaker, a startup that has developed AI-supported software for urban development. The…
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5 VCs agree: COVID-19 reshaped adtech and martech
We last surveyed VCs about their advertising and marketing investment strategies back in January — which is to say, in a completely different world, before the coronavirus pandemic began to wreak havoc on the global economy. While there don’t appear to be any comprehensive numbers yet about the effect on digital advertising (which is, after…
Cathay Innovation’s first investment in Germany is healthcare startup Medwing
Medwing, a German startup with an ambition to tackle Europe’s shortage of healthcare workers, said on Tuesday that it has secured €28 million ($30 million) in a Series B financing…
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7 VCs discuss how COVID-19 is changing the media startup landscape
The world has changed dramatically since May 2019 when we last surveyed venture capitalists about the trends they were seeing in media, entertainment and gaming. Since then, COVID-19 and the resulting physical distancing measures have created plenty of demand for companies helping to inform and entertain us as we’re stuck at home. At the same…
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How 6 top VCs are adapting to the new uncertainty
As the global economy grinds to a halt, every business sector has been impacted, including the linked worlds of startups and venture capital. But how much has really changed? If you read VC Twitter, you might think that nothing has changed at all. It’s not hard to find investors who say they are still cutting…
Startups Weekly: A new era for consumer tech
TechCrunch is out hunting for bright spots in the startup world as we all come to grips with the pandemic — particularly where checks are actually being written despite everything.…
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Where top VCs are investing in D2C
If you’re looking for toothbrushes, skin-care face masks, mattresses, glasses or even socks, there’s a digitally-native, direct-to-consumer (D2C) company or two that can help you out. And thanks to smart digital marketing, the cult followings that ensue and the economics of e-commerce, D2C has changed how we relate to consumer goods (while attracting a waterfall…
The novel coronavirus pandemic has rapidly moved companies into a remote-first world. Nearly all of the world’s largest events have been canceled, put on pause or pivoted to online-only. In…
