Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear
Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offeri
Atlassian launches Atlas to improve team alignment
At its Team ’22 conference today, Atlassian announced the launch of Atlas, a new service for cross-functional team updates it previously offered as a beta under the name “Team Central.R
Pair Eyewear focuses on adult glasses as it takes in $60M
If Pair’s announcement is any indication, the direct-to-consumer eyewear market is doing quite well.
General Catalyst, Tiger Global lead $25M investment into Blank Street’s micro specialty coffee shops
The company now operates 14 locations in a mix of 700-square-foot brick-and-mortar spaces and mobile street carts. Each location hit profitability within two months after opening.
TechCrunch+ roundup: Alternative financing, Web3 adoption, India’s hot Q3 fundraising
The possibilities of Web3 are fascinating, although I will admit that the notion of public networks where everyone is presumed to be trustworthy is still a bit of a mind-bender.
Warby Parker makes it clear that direct listings are unicorn-friendly
Warby Parker not only listed, but did so at a price point that was above its final private-market valuation, and its shares appreciated rapidly during its first day of trading.
TechCrunch+ roundup: Creative capital, live-shopping strategy, new name + logo
Extra Crunch is now TechCrunch+. In addition to updating our name and logo, we’re offering military, student and government membership discounts and have expanded access to new regions. Also, Ex
Can direct listings really fix the IPO pricing problem?
Even if you are tired of IPOs, the direct listings from Amplitude and Warby Parker warrant your attention.
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri
Extra Crunch roundup: Pre-pitch tactics, Warby Parker S-1, Israel’s fintech ecosystem
Forget what you've heard: There are *many* shortcuts to success.
D2C specs purveyor Warby Parker files to go public
Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what's it worth?
BoxGroup closes on $255M across two funds to back startups at their earliest stages
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold
GAIA Design has raised more capital to become the West Elm of Mexico
Designing higher end furniture for Mexico’s rising middle and upper-middle class consumers has netted the Mexico City-based GAIA $15 million in a new round of funding. The bridge round will take
With a Warby Parker playbook, SISU raises funding from Greycroft to face off against cosmetic clinics
With so many people getting botox and filler treatments to their faces these days (or are they, during the pandemic?), it’s probably no wonder that venture capital has decided to look at the space.
Warby Parker, valued at $3 billion, raises $245 million in funding
Warby Parker, the optical e-commerce giant, has today announced the close of a $245 million funding round from D1 Capital Partners, Durable Capital Partners, T. Rowe Price and Baillie Gifford. A sourc
Ethyca raises $13.5M to help businesses automate data privacy and compliance
The upcoming CCPA regulations coming into effect in the U.S. have put a renewed focus on how companies online are handling the issues of data privacy and compliance. Today a startup that’s built
Aspiration, the LA-based fintech focused on conscious consumerism, raises $135 million
When former Bill Clinton speechwriter and political wunderkind Andrei Cherny launched Aspiration four years ago, the upstart fintech startup was one of Los Angeles’ early entrants into a finan
Yaguara nabs $7.2M seed to help e-commerce companies understand customers better
Yaguara, a Denver-based startup that wants to help e-commerce companies understand their customers better to deliver more meaningful experiences, announced a $7.2 million seed investment today. The ro
White House and House Democrats agree to funding package for paid sick leave, funding for tests
Late Friday night, after nearly two full days of negotiations, the House of Representatives is finally set to pass a bipartisan plan to provide sweeping new benefits to workers and businesses affected
FairShake automates the individual arbitration process
Years ago, Teel Lidow arrived at the airport to take a standard, eight-hour flight from Santiago, Chile to New York City. The journey ended up taking three days, involved an emergency landing, and pas