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Armed with $40M in fresh capital, fintech Stash says it’s moving toward an IPO

Stash, an investing app, is taking advantage of a tool that’s been around for some time – a convertible note. The company told TechCrunch exclusively that it just raised $40 million through one of

T. Rowe Price has marked down its stake in Canva by 67.6%

Last summer, Blackbird, one of Australia’s largest venture operations, marked down the value of one of its most prized stakes, in the Sydney-based design platform Canva. Valued at $40 billion by

Convoy raises $260M Series E to expand digital freight network products

Convoy, a digital freight network that connects shippers with carriers, has raised $260 million in fresh funding to scale up initiatives that will push the trucking tech industry into new ground. The

Alphabet just spun out out its quantum tech group, launching it as an independent company

Quantum tech may be having its moment at long last. Consider that earlier this month, one of the few “pure play” quantum tech companies in the world, Rigetti Computing, went public by merg

AARP, T. Rowe Price, QED kick off community to target $8.3T 50-plus market

Prior to the global pandemic, technology for older folks was a nice to have, but now is “an absolute necessity to live your best life,” according to AARP's Andy Miller.

Identity verification startup Socure raises $450M at $4.5B valuation, adding Tiger Global as new investor

Socure, a company that uses AI and machine learning to verify identities, announced today that it raised $450 million in funding for its Series E round led by Accel and T. Rowe Price.  The round brin

Rigetti Computing goes public via SPAC merger

Rigetti Computing, one of the most visible quantum hardware startups, today announced that it is going public through a merger with the Supernova Partners Acquisition Company II SPAC. Once the transac

Cyber insurance firm Coalition lands $205M at Series E, valued at $3.5B

Coalition, a San Francisco-based cybersecurity insurance company, has raised $205 million in Series E funding, valuing the pre-IPO company at more than $3.5 billion. The round was co-led by Durable Ca

Canva raises $200 million at a $40 billion valuation

Canva is now valued at $40 billion following a fresh capital injection of $200 million (USD) in a round led by T. Rowe Price. New and existing investors participated in the round, including Franklin T

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

Celonis snares $1B Series D on $11B valuation

Celonis, the late-stage process mining software startup, announced a $1 billion Series D investment this morning on an eye-popping $11 billion valuation, up from $2.5 billion in its Series C in 2019,

Canada’s newest unicorn: Clio raises $110M at a $1.6B valuation for legal tech

Clio, a software company that helps law practices run more efficiently with its cloud-based technology, announced Tuesday it has raised a $110 million Series E round co-led by T. Rowe Price Associates

With an ARR topping $250 million, LA’s vertical SaaS superstar ServiceTitan is now worth $8.3 billion

Who knew building a vertical software-as-a-service toolkit focused on home heating and cooling could be worth $8.3 billion? That’s how much Los Angeles-based ServiceTitan, a startup founded just

SecurityScorecard snags $180M Series E to measure a company’s security risk

SecurityScorecard has been helping companies understand the security risk of its vendors since 2014 by providing each one with a letter grade based on a number of dimensions. Today, the company announ

Rivian raises $2.65B as it pushes toward production of its electric pickup

Rivian has raised $2.65 billion as it prepares to begin production this summer of its all-electric pickup truck. The round, which was led by funds and accounts advised by T. Rowe Price Associates Inc.

Color raises $167 million funding at $1.5 billion valuation to expand ‘last mile’ of US health infrastructure

Healthcare startup Color has raised a sizable $167 million in Series D funding round, at a valuation of $1.5 billion post-money, the company announced today. This brings the total raised by Color to $

Autonomous delivery startup Nuro hits $5 billion valuation on fresh funding of $500 million

Nuro, the autonomous delivery startup founded by two former Google engineers, has raised $500 million, suggesting that investors still have an appetite for long-term pursuits such as robotics and auto

Cruise can now test driverless vehicles on the streets of San Francisco

Cruise, the self-driving car subsidiary of GM that also has backing from SoftBank Vision Fund, Honda and T. Rowe Price & Associates, has been issued a permit from California regulators that will a

Allbirds CEO Joey Zwillinger on the startup’s $100 million round, profitability and SPAC mania

As people spend less time out in the world and more time daydreaming about when a vaccine will arrive, lifestyle shoes are only gaining traction. One obvious beneficiary is Allbirds, the San Francisco

Xometry raises $75M Series E to expand custom manufacturing marketplace

When companies need to find manufacturers to build custom parts, it’s not always an easy process, especially during a pandemic. Xometry, a seven-year-old startup based in Maryland, has built an
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