Softbank

Paystand banks $50M to make B2B payments cashless and with no fees

It’s pretty easy for individuals to send money back and forth, and there are lots of cash apps from which to choose. On the commercial side, however, one business trying to send $100,000 the same wa

Cyber risk startup Safe Security lands $33M from UK telco BT

Safe Security, a Silicon Valley cyber risk management startup, has secured a $33 million investment from U.K. telco BT.  Founded in 2012, Safe Security — formerly known as Lucideus — helps organi

Ethos picks up $100M at a $2.7B+ valuation for a big data platform to improve life insurance accessibility

More than half of the U.S. population has stayed away from considering life insurance because they believe it’s probably too expensive, and the most common way to buy it today is in person. A st

Indian food delivery startup Swiggy raises $1.25 billion led by SoftBank and Prosus

It took SoftBank several years, but the Japanese investment giant is now ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by Sof

Colombian on-demand delivery startup Rappi raises ‘over’ $500M at a $5.25B valuation

Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Giff

India’s GlobalBees raises $150 million to build Thrasio-like house of brands

The universe of Indian firms attempting to replicate Thrasio’s success in the world’s second-largest internet market just got bigger. Three-month-old GlobalBees said on Monday it has raised $150 m

Indian digital payments giant Paytm files for $2.2 billion IPO

Digital payments giant Paytm, one of India’s most valuable startups, plans to raise up to $2.2 billion in an initial public offering, it said in draft papers submitted to the country’s market

Revolut’s 2020 financial performance explains its big new $33B valuation

It's not super stupid to value Revolut far more richly with massively improved gross margins, profitability and more proven revenue growth.

Cybereason raises $275M at Series F, adds Steven Mnuchin to board

Cybereason, a U.S.-Israeli late-stage cybersecurity startup that provides extended detection and response (XDR) services, has secured $275 million in Series F funding.  The investment was led by Libe

Flipkart valued at $37.6 billion in new $3.6 billion fundraise

Flipkart said on Monday it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate as it works to l

Mmhmm raises $100M, which is a fun thing to say to people who don’t follow tech

If you’re a frequent TechCrunch reader, you probably already know about mmhmm, the startup with the name you likely either love or hate. It’s Phil Libin’s second act after Evernote,

Satellite imagery startup Satellogic to go public via SPAC valuing the company at $850M

The space SPAC frenzy might have died down, but it isn’t over: Earth observation startup Satellogic is the latest to go public via a merger with CF Acquisition Corp. V, a special purpose acquisi

Gympass, the corporate wellness unicorn, raises a $220M series E

Gympass, the exercise and corporate wellness unicorn that originated in Brazil, today announced a $220 million Series E. The company has seen tremendous growth in the last few months, as more and more

Surgical robotics company CMR raises $600M

UK-based robotics company CMR Surgical this morning announced a $600 million Series D. This latest round, led by SoftBank’s Vision Fund 2 and co-led by Ally Bridge Group, joins an existing $384.8 mi

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 by SoftBank Vision Fund

Hyundai completes deal for controlling interest in Boston Dynamics

Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020. The compani

SoftBank Vision Fund 2 leads $140M funding in Vishal Sikka’s Vianai

Vianai Systems, an AI startup founded by Vishal Sikka, former chief executive of Indian IT services giant Infosys, said on Wednesday it has raised $140 million in a round led by SoftBank Vision Fund 2

SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ridesharing behemoth, finally unveiled its IPO filing in the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose th

AI startup Eightfold valued at $2.1B in SoftBank-led $220M funding

Eightfold AI, a startup which uses deep learning and artificial intelligence to help companies find, recruit and retain workers, said on Thursday it has raised $220 million in a new round as it looks

Paytm, India’s most valuable startup, confirms plan for an IPO

Paytm, India’s most valuable startup, confirmed to its shareholders and employees on Monday that it plans to file for an IPO. In a letter to shareholders and employees, Paytm said that it plans
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