sequoia capital
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Gear up for Disrupt Berlin’s Startup Battlefield and apply today
One dozen days. That’s how much time you have left to apply for the Startup Battlefield at Disrupt Berlin 2017. If you want to introduce your early-stage company to the world, there’s no better place to do so than from the Startup Battlefield main stage. It’s the premier launching pad for startups, as Battlefield alumni — like Mint, Dropbox, Yammer and Tripit —… Read More
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23andMe confirms $250 million round led by Sequoia
Genetics testing company 23andMe has formally announced that Sequoia Capital is leading an investment round in the company. This confirms the news we broke last week. The press release says that the final amount was $250 million and that Sequoia’s Roelof Botha will be taking a board seat. Others participating in the round include new investors Euclidean Capital, Altimeter Capital and… Read More
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Zilingo raises $18M for its fashion e-commerce service in Southeast Asia
Southeast Asia-based fashion marketplace Zilingo has closed an $18 million Series B funding round led by Sequoia Capital India and Burda Principal Investments. Zilingo was founded less than two years ago by ex Sequoia analyst Ankiti Bose (CEO) and former Yahoo engineer Dhruv Kapoor (CTO). The basic vision is to help Southeast Asia’s thriving independent fashion sellers… Read More
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AR startup CurioPets is Pokémon GO meets Tamagotchi
CurioPets, short for curious pets, is a multi-player, augmented reality pet simulator that launches tomorrow on iOS. Built with Apple’s ARKit, the aim is to encourage real-world exploration — similar to Pokémon GO — as you travel around with either a puppy or a kitten and take care of them, which is more like Tamagotchi and NeoPets. Read More
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23andMe is raising about $200 million, led by Sequoia
23andMe, the Mountain View-based genetic testing and analysis company, is raising close to $200 million in a funding round led by Sequoia Capital, multiple sources tell us. Sources say that Fidelity is also looking to participate. We’re now hearing that this round is being done at a $1.5 billion pre-money valuation. This is about 50% higher than the roughly $1 billion valuation from the… Read More
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Every board member of anonymous app Whisper has reportedly stepped down
Remember Whisper, the anonymous chat app? It’s been a while since we’ve heard much from the company, but it’s still around and has recently lost a bunch of high-profile board members. Read More
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Athelas launches a new type of blood testing device for the home
Athelas is launching a low-cost, blood diagnostics device today made for testing certain diseases like the flu, bacterial infections and cancer in the comfort of your home. Tanay Tandon founded the startup in 2014 at the tender age of 17 to develop a smartphone device that could detect malaria through blood samples. That idea proved difficult but the idea of ease and mobility stuck with… Read More
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English teaching service VIPKID raises $200M and reportedly hits a $1.5B valuation
VIPKID, an online English teaching tool, announced today that it has raised $200 million in financing. That financing round values the company at $1.5 billion, according to a report by Bloomberg. That wouldn’t just give VIPKID unicorn status — it also exposes a huge amount of demand there is in China and other countries as a tool to learn English from English speakers. VIPKID… Read More
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After rebranding to Puls and raising new cash, CellSavers wants to help set up your smart gadgets
CellSavers, the on-demand smartphone and tablet repair service, is rebranding its business to Puls and expanding its suite of services to include most smart devices in a home. The San Francisco-based company also rounded up $25 million in new financing to help support its new marketing push and services. Read More
Latest Crunch Report
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Filecoin’s ICO opens today for accredited investors after raising $52M from advisers
Filecoin, the much-anticipated cryptocurrency that will eventually power a distributed file storage system, is opening its ICO today at 12pm PT / 3pm ET today. Last week Filecoin concluded a much talked about “advisor” sale that brought in a total of $52M from ~150 investors including Sequoia Capital, Andreessen Horowitz, Union Square Ventures, Winklevoss Capital and about 100… Read More
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Reddit just raised a new round that values the company at $1.8 billion
Reddit, the 12-year-old, San Francisco-based online discussion platform that has long called itself the “front page of the internet,” just closed its biggest round ever, from a whole lot of investors, reports Recode. Andreessen Horowitz, Sequoia Capital, Coatue Management, Vy Capital, Fidelity, Sam Altman and Ron Conway all chipped into the $200 million financing. Read More
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Instacart raises $400 million at a $3.4 billion valuation to deliver groceries on demand
Grocery delivery startup Instacart has raised $400 million in a new round of financing at a valuation of $3.4 billion, according to sources familiar with the deal. Axios broke news that Instacart was in talks to close the deal last week. Instacart executives declined to comment for this story. However, Instacart CEO Apoorva Mehta confirmed the deal, tweeting out a company blog post… Read More
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Chinese photo-sharing app Kuaishou planning U.S. IPO later this year
We’re hearing from sources that Kuaishou — a hot photo-sharing application in China — is planning to go public in the U.S. later this year. Sources tell us the app has more than 40 million daily active users against 100 million monthly active users, and was most recently valued at around $3 billion. The app is in some ways similar to Instagram, with photos (some of which… Read More
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Sequoia Capital has quietly announced a leadership change-up, with partner Jim Goetz taking a step back
Prominent venture firm Sequoia Capital has famously handled well its transitions from one powerful team of investors to the next. Founder Don Valentine handed the reins over to Doug Leone and Michael Moritz earlier than he might have planned, then continued attending partner meetings for another 10 years. (The partners say they were happy for his continued advice and guidance — not that… Read More
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Strange new lawsuit against longtime investor Michael Goguen gets dropped
Early last month, we told you about a bizarre new lawsuit involving longtime venture capitalist Michael Goguen, whose career at Sequoia Capital ended early last year after he was sued in a salacious breach of contract suit that accused him of sexually mistreating a woman named Amber Baptiste, then refusing to honor an elaborate financial arrangement they’d made. Baptiste and Goguen… Read More
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Zipline raises $25 million to deliver medical supplies by drone
Zipline International Inc. has raised $25 million in a Series B funding round to expand its humanitarian delivery drone business in Rwanda, the U.S. and beyond. The startup builds drones and runs delivery services, dropping crucial medical supplies to clinics or hospitals in areas that aren’t accessible by land. Recently, TechCrunch visited Zipline’s headquarters in Half Moon… Read More
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Jess Lee of Polyvore joins Sequoia Capital as its 11th investing partner
Sequoia Capital has brought aboard Jess Lee as its eleventh investing partner in the U.S., becoming the firm’s first senior female U.S. investor in its 44-year-old history. Lee was a former Google product manager turned CEO of the fashion site Polyvore, which was acquired for $230 million in cash by Yahoo last year. She had stayed on with Yahoo, which is now being sold, maybe, to… Read More
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Carbon raises $81 million for international expansion of its rapid 3D-printing tech
Large manufacturers of high-tech products, from luxury vehicles to elastomers and resins, have lined up to invest in and partner with Carbon (formerly known as Carbon 3D) the Redwood City, Calif. company known for its rapid, 3D-printing technologies. The three-year-old startup added $81 million in venture funding to its Series C round from strategic investors, including BMW Group, GE, Nikon… Read More
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