Social Capital reincarnated

Nine months ago, the once high-flying venture capital fund Social Capital made the bold decision to stop accepting outside capital and operate as a family office, in essence. The co-founder of the outfit, brazen billionaire and early Facebook executive Chamath Palihapitiya, pledged to upend his investment strategy and make fewer but much larger investments as […]

Password manager Dashlane raises $110M in Series D, adds CMO

Password manager maker Dashlane has raised $110 million in its latest round of funding, the company said Thursday. The company said Sequoia Capital led the Series D round, with partner Jim Goetz joining the board. Dashlane also said Lyft executive Joy Howard was appointed as its new chief marketing officer and will start in August. […]

Lime’s founding CEO steps down as his co-founder takes control

In an all-hands meeting this afternoon, the scooter and bike-sharing phenom Lime announced co-founder and chief executive officer Toby Sun would transition out of the C-suite to focus on company culture and R&D. Brad Bao, a Lime co-founder and long-time Tencent executive, will assume chief responsibilities, Lime confirmed to TechCrunch. “Lime has experienced unprecedented growth […]

Crowned by Burger King, meat replacement company Impossible Foods raises $300 million

After being crowned by Burger King as the first meat replacement patty to roll out nationally with one of the largest fast food chains, Impossible Foods has raised $300 million in capital. The financing brings the company’s total equity raise to $750 million — and provides a sizable pool of funds to draw from as […]

As measles returns, Indiegogo joins other tech platforms in banning Anti-Vaccine campaigns

The last year has been the worst on record in the US for measles outbreaks since the disease was declared ‘eradicated’ in 2000. Even though vaccination rates across the country are still high, (according to the CDC) there remains some communities where disinformation campaigns which claim that ‘vaccines are dangerous’ (often called ‘anti-vaxx’ campaigns) have […]

Startups Weekly: All these startups are raising big rounds

TechCrunch’s Connie Loizos published some interesting stats on seed and Series A financings this week, courtesy of data collected by Wing Venture Capital. In short, seed is the new Series A and Series A is the new Series B. Sure, we’ve been saying that for a while, but Wing has some clean data to back […]

Why your CSO, not your CMO, should pitch your security startup

Whenever a security startup lands on my desk, I have one question: Who’s the chief security officer (CSO) and when can I get time with them? Having a chief security officer is as relevant today as a chief marketing officer (CMO) or chief revenue boss. Just as you need to make sure your offering looks […]

Grocery delivery startup Honestbee is running out of money and trying to sell

Honestbee, the online grocery delivery service in Asia, is nearly out of money and trying to offload its business. The company has held early conversations with a number of suitors in Asia, including ride-hailing giants Grab and Go-Jek, over the potential acquisition of part, or all, of its business, according to two industry sources with […]

Google reshuffles its leadership in Asia Pacific

There’s a changing of the guard within Google’s Asia Pacific business. In recent weeks, personnel changes within two of its most important roles show the search giant is entering a new era of management for its fast-growing business across the continent. Scott Beaumont, a British executive who previously ran Google in China and Korea, stepped […]

Flying taxi startup Blade is helping Silicon Valley CEOs bypass traffic

One year after a $38 million Series B valued on-demand aviation startup Blade at $140 million, the company has begun taxiing the Bay Area’s elite. As part of a new pilot program, Blade has given 200 people in San Francisco and Silicon Valley exclusive access to its mobile app, allowing them to book helicopters, private […]