Fundings and Exits

Yesterday, Tally, the startup looking to automate consumers financial lives, announced it had raised a $50 million Series C round led by Andreessen Horowitz and with participation from Valley heavy hitters Kleiner Perkins, Shasta Ventures, Cowboy Ventures and Sway Ventures. On the back of the announcement, TechCrunch’s fintech contributor Gregg Schoenberg sat down with Tally’s
0 Comments
Cherry Ventures, the Berlin-based investor that backs European companies predominantly at seed-stage, has raised a third fund. The new “Cherry Ventures III” has closed at €175 million and will continue to be focused on seed, although the firm has historically invested at pre-seed and Series A, too. It will remain fairly industry agnostic, backing promising
0 Comments
Youper, a mental health app with a chatbot it calls an “emotional health assistant,” has raised $3 million in seed funding from Goodwater Capital. The funds will be used to accelerate development of Youper’s artificial intelligence-based capabilities and grow its user base. Based in San Francisco, Youper was co-founded in 2016 by Dr. Jose Hamilton.
0 Comments
Target Circle and TapHeaven have announced that they’re merging into a single company under the Target Circle brand. TapHeaven co-founder and CEO Chris Hoyt, who is becoming chief growth officer at the combined organization, said the two companies have been “trying to solve the same problem” — namely, eliminating many of the inefficiencies in the mobile advertising
0 Comments
Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores and restaurants, is disclosing $100 in in Series B investment. The round is led by London VC Atomico, and consists of mix of equity funding and debt financing. Infarm’s existing investors, including Balderton Capital, Astanor Ventures, Cherry Ventures, also participated in the
0 Comments
Spacemaker, a Norway-based startup that’s created AI software to help property developers and architects make better design decisions, has picked up $25 million in Series A funding. The round is jointly led by Atomico and Northzone, with participation from investors in property and construction tech including Danish property developer NREP, Nordic property developer OBOS, and
0 Comments
Synapse, a San Francisco-based startup that operates a platform enabling banks and fintech companies to easily develop financial services, has closed a $33 million Series B to develop new products and go after international expansion. The investment was led by Andreessen Horowitz with participation from existing backers Trinity Ventures and Core Innovation Capital . Synapse
0 Comments
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Connie Loizos sat down with Scott Kupor, managing director at venture capital firm Andreessen Horowitz to dig into his new book Secrets of Sand Hill Road, discuss his advice for new
0 Comments
Despite the seemingly fantastical demonstration of walking and jumping robots, today’s robots are often stupid, brittle and inflexible, only capable of working in carefully-engineered environments, and unable to respond dynamically and sensibly in unexpected circumstances. Deep learning has been spectacularly successful in certain problems (facial recognition, object recognition, etc) but the “smart robots” that we
0 Comments
Tink, the European open banking platform that recently raised €56 million in new funding, is disclosing that PayPal has become a strategic investor. The online payments giant joins a long list of existing backers that includes U.S.-based Insight Venture Partners, Sunstone, SEB, Nordea Ventures and ABN AMRO Digital Impact Fund. Individuals such as Christian Clausen,
0 Comments