Startups Weekly: Upfront Ventures bets on a bus service

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy news pertaining to startups and venture capital. Before I jump into today’s topic, let’s catch up a bit. Last week, I profiled an e-commerce startup Part & Parcel. Before that, I wrote about Stripe’s grand plans. Remember, you can […]

How Kobalt is betting on music’s middle class and DIY stars

Streaming services have made music ubiquitous, driving more exploration by consumers who don’t have to pay for each song or album individually. Musicians are correspondingly able to find their own niche of fans scattered around the world. (This is the third installment of our EC-1 series on Kobalt Music Group and changes in the music […]

At TechCrunch Disrupt, insights into key trends in venture capital

At TechCrunch Disrupt, the original tech startup conference, venture capitalists remain amongst the premier guests. VCs are responsible for helping startups — the focus of the three-day event — get off the ground and as such, they are often the most familiar with trends in the startup ecosystem, ready to deliver insights, anecdotes and advice […]

Vianai emerges with $50M seed and a mission to simplify machine learning tech

You don’t see a startup get a $50 million seed round all that often, but such was the case with Vianai, an early-stage startup launched by Vishal Sikka, former Infosys managing director and SAP executive. The company launched recently with a big check and a vision to transform machine learning. Just this week, the startup […]

Alchemist Accelerator is launching a European program

Enterprise-focused startup accelerator Alchemist is expanding its footprint this morning with the launch of an initiative focused on European startups. While Alchemist was happy to accept European companies into their U.S. program before — they tell me they’ve had about 25 European startups go through Alchemist already — it hasn’t been a focus. With the […]

Clutter acquires The Storage Fox for $152M to add self-storage to its on-demand platform

The world of on-demand storage has seen some ups and downs, with some of the biggest hopefuls pivoting into new areas, some as unrelated as cryptocurrency, in the search for better product-market fit. One that found its groove early on, however, is today announcing an acquisition to expand its existing business into a new market category. […]

The cult of the founder and Silicon Valley’s lack of moral authority

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate and Alex were back at TechCrunch’s San Francisco headquarters to chat the news with Kleiner Perkin’s Mamoon Hamid. Hamid is best known as a former member of the Social Capital team, and for driving generational […]

Subscription email app Tempo hits the right minimalist notes

Email will likely never die, but if new apps can change how we think about using it, maybe it will feel like the worst parts have croaked. In the wake of popular apps like Inbox and Mailbox being sunsetted, like many, I’ve been left rudderless trying to find an email client that fills the void. […]

Readying an IPO, Postmates secures $225M led by private equity firm GPI Capital

Postmates, the popular food delivery service, has raised another $225 million at a valuation of $2.4 billion, the company confirmed to TechCrunch on Thursday, ahead of an imminent initial public offering. Private equity firm GPI Capital has led the investment, first reported by Forbes, which brings Postmates’ total funding to nearly $1 billion. GPI takes […]

Lime is shutting down car rental service, LimePod

Transportation startup Lime is shutting down LimePod, its car-sharing service that it launched last November in Seattle. Lime plans to start removing its vehicles from the streets of Seattle next month and will completely shut down the service by the end of the year. The news was first reported by GeekWire. Lime has operated a […]