Index Ventures
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Revolut raises $66 million for its global banking alternative
Revolut has raised a $66 million Series B round with Index Ventures leading the round, and existing investors Balderton Capital and Ribbit Capital also participating. The startup will also run another $5 million crowdfunding campaign in a few weeks. The company has raised $83 million in total. Revolut started as a mobile app that lets you send and receive money in multiple currencies. Over… Read More
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Years after crashing on Travis Kalanick’s couch, this founder has raised $18M for his startup, Mashape
For Mashape CEO Augusto Marietti, the Silicon Valley dream is playing out as well as could be imagined. In 2009, Marietti and his co-founder Marco Palladino — who’d formed a software company in Milan a year earlier — learned of and were accepted into TechCrunch50, a pitch competition that has evolved into today’s giant TechCrunch Disrupt events. As the event… Read More
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Roblox nabs $92 million to power its massive social gaming platform for kids
Roblox has spent the greater part of the millennium creating a cool place for kids to play a diverse collection of games inside a single cross-platform world for its huge audience of tens of millions of monthly active youngsters. The company announced Tuesday that it has closed a massive $92 million funding round led by Meritech Capital Partners and Index Ventures. Read More
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Index-backed Hutch puts $5.5M in the tank to rev up its mobile gaming engines
UK-based indie free-to-play mobile games developer studio, Hutch, is gearing up to step on the gas and strap a bunch more players into its clutch of racing themed titles, fueled by a $5.5M expansion round of seed funding… The cash injection is co-led by Index Ventures and early stage London-based fund Backed VC. Read More
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Kayrros is like a weather forecast, but for oil and gas consumption
Last year, I was on vacation in Goa in India with my brother. We ended up renting a motor scooter and buying exactly two liters of gas in the middle of nowhere (pictured above). The shop gave us two plastic water bottles filled with gasoline. Ever since, I’ve wondered how a remote village in the middle of a rural area in India manages to get oil and gas. There are some interesting… Read More
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Productboard raises $1.3 million to help product teams prioritize what to build next
Productboard, the makers of a product management system that helps to organize user research and prioritize development tasks, has raised $1.3 million in seed funding to further its business. The round was co-led by Index Ventures and Credo Ventures, and included participation from Spread Capital. The service only officially launched last month at TechCrunch Disrupt SF 2016, following its… Read More
Latest Crunch Report
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Crunch Network
The biotech empires of Silicon Valley and Europe
As biotechnology gains prominence among investors, two hubs have emerged as hotbeds of innovation for the resurgent industry. While the two-square-mile patch of South San Francisco bustles with more than 70 biotech firms, including Genentech, Amgen and Exelixis, an equally influential geography has grown along the Lemanic Arc of Switzerland and into the heart of Basel, where pharma… Read More
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Secret’s founder returns with Bold, a Medium for enterprise
David Byttow learned just how much goes unsaid inside companies while he was running Secret. Blasting private information out publicly causes harassment, which led Secret to flame out and give investors back some of their money. But now Byttow is channeling his insight into a new startup called Bold, which he tells me is a “platform for writing long-form content at work. Use cases… Read More
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Vente-Privee buys Spanish fashion ecommerce site Privalia for ~$560M
Barcelona has just clocked up its biggest ever exit — albeit the price-tag on the sale of veteran Spanish ecommerce player Privalia, headquartered in the city, to France’s Ventee-Privee has not been disclosed. Recent rumors swirling about a possible exit for Privalia pegged the price being discussed at up to €500 million. Read More
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Slack is work chat’s runaway train, raises $200M at $3.8B
The Slack rocketship won’t slow down. The business messaging startup has raised $200 million at a $3.8 billion post-money valuation, the company confirms to TechCrunch. The round was led by Thrive Capital, with participation by GGV, Comcast Ventures and Slack’s existing investors, including Accel, Index Ventures and Social Capital. This brings the total funding for the… Read More
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Revolut Gets More Funding For Its Mobile Foreign Exchange Service
British startup Revolut just closed its seed round. After announcing having raised $2.3 million this Summer, the company has added a couple of new investors. In total, the company has raised $4.8 million (£3.2 million) from Index Ventures, Balderton Capital, Seedcamp and Point Nine, Venrex and business angels. Read More
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Index Ventures Has A New, $550 Million Fund, And A New Partner
When yesterday, the keyboard developer Swiftkey was reported to be acquired by Microsoft for $250 million — about 10 times what it raised from investors — it seemed just another success in a string for Index Ventures, the venture firm with offices in San Francisco, London, and Geneva. Indeed, the now 20-year-old venture firm has had a very good run of things, with eight… Read More
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Urban Transport App Citymapper Snags $40M From Index, Benchmark, Yuri Milner, Others
People who don’t take Uber frequently take the bus. And those Europeans folks now include some rather high profile investors in London-based urban transport startup Citymapper — who have just poured $40 million into a new Series B round for its app which algorithmically knits together different transit options to help city dwellers quickly figure out how to get from A to… Read More
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New Year, Two New Jobs For Ex-Twitter CEO Dick Costolo…
Former Twitter CEO Dick Costolo, who stepped away from the big blue bird last June, has a new health and fitness platform startup in the works, focused on motivating people to make lifestyle improvements by drawing on the expertise of a range of “wellness professionals” to provide inspiring guidance. Read More
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Second Home Raises $10.7M From Yuri Milner, Martin Lau, Index And Plans Lisbon Home
Co-working spaces and membership clubs with a heavy tech bent have proliferated across the planet in recent years as the industry itself has exploded, and startups look to find flexible spaces to work. But not many have gone for such an eclectic mix of fashion, designers, startups and investors (among others) as Second Home, the club and work space created by Rohan Silva (former adviser to the… Read More
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Call9 Raises $10 Million Series A Led by Index Ventures
Call9, a nine-month-old, Palo Alto, Ca.-based telemedicine startup that came together last spring as a Y Combinator company, has raised $10 million in Series A funding led by Index Ventures, whose cofounder, Neil Rimer, is joining the company’s board. Other investors in the round include Ali Rowghani, who leads the Y Combinator Continuity Fund; Joe Lonsdale, the VC and co-founder… Read More
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