Fundings and Exits

Incorta, a startup founded by former Oracle executives who want to change the way we process large amounts data, announced a $30 million Series C today led by Sorenson Capital. Other investors participating in the round included GV (formerly Google Ventures), Kleiner Perkins, M12 (formerly Microsoft Ventures), Telstra Ventures and Ron Wohl. Today’s investment brings
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Flatfair, a London-based fintech that lets landlords offer “deposit-free” renting to tenants, has raised $11 million in funding. The Series A round is led by Index Ventures, with participation from Revolt Ventures, Adevinta, Greg Marsh (founder of Onefinestay), Jeremy Helbsy (former Savills CEO) and Taavet Hinrikus (TransferWise co-founder). With the new capital, Flatfair says it
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Today is our promised Equity Shot (a short-form, single-topic episode) on the WeWork S-1. You can read Kate’s notes here, or Alex’s here as a place to start. Given that we didn’t know when the WeWork S-1 filing
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WeWork, now known as The We Company, released its IPO prospectus Wednesday morning months after filing confidentially to go public. Backed by billions by SoftBank and its monstrous Vision Fund, the exit is expected as soon as next month. The New York-based company, valued at $47 billion earlier this year, has long been rumored to
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Digital payments startup QFPay announced today that it has raised $20 million in new funding led by returning investors Sequoia Capital China and Matrix Partners. MDI Ventures, the investment arm of state-owned Indonesian telecom Telkom Indonesia, Rakuten Capital and VentureSouq also participated as new strategic investors. According to Crunchbase, this brings QFPay’s total raised so
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Postmates plans to make its IPO paperwork public in September, TechCrunch has learned. Despite previous reports indicating the on-demand delivery company is seeking an M&A exit, sources close to the matter say Postmates is on track to go complete an initial public offering this year. With the S-1 dropping in September, San Francisco-based Postmates is
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August is often considered the black hole of venture capital fundraising. Everyone is on vacation (well, everyone who’s not a founder anyway), while half of Silicon Valley is slogging down to Black Rock City for Burning Man. It understandably can just seem like an exercise in futility to try to raise any funding at all.
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Experian, one of the largest credit reporting bureaus in the United States, announced today that it has invested in CompareAsiaGroup, the financial services marketplace. Experian led the initial closing of a $20 million B1 round. In addition to new funding, the investment also gives Hong Kong-based CompareAsiaGroup access to Experian’s technology, including Experian One, a
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Indian conglomerate Reliance Industries is acquiring 87.6% stake in Fynd, a seven-year-old Mumbai-based startup that connects brick and mortar retailers with online stores and consumers, for 2.95 billion Indian rupees ($42.33 million), the two said in a brief statement late Saturday. Fynd, which was founded in 2012, helps offline retailers sell their products to consumers
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While you’d be hard pressed to find any startup not brimming with confidence over the disruptive idea they’re chasing, it’s not often you come across a young company as calmly convinced it’s engineering the future as Dasha AI. The team is building a platform for designing human-like voice interactions to automate business processes. Put simply,
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