Postmates lines up another $100M ahead of IPO

Postmates, one of the earlier entrants to the billion-dollar food delivery wars, has raised an additional $100 million in equity funding at a $1.85 billion valuation, as first reported by Recode and confirmed to TechCrunch by Postmates. The round comes four months after the eight-year-old startup drove home a $300 million investment that finally knocked […]

Distinguished VCs back wholesale marketplace Faire with $100M at a $535M valuation

A slew of venture capitalists known for high-profile exits — Kirsten Green of Forerunner Ventures, Keith Rabois of Khosla Ventures, Alfred Lin of Sequoia Capital and Alex Taussig of Lightspeed Venture Partners — have invested in Faire (formerly known as Indigo Fair), a 2-year-old wholesale marketplace for artisanal products. A quick glance at Faire suggests it’s […]

Zizoo, a booking.com for boats, sails for new markets with $7.4M on board

Berlin-based Zizoo — a startup which self describes as booking.com for boats — has nabbed a €6.5 million (~$7.4M) Series A to help more millennials find holiday yachts to mess about taking selfies in. Zizoo says its Series A — which was led by Revo Capital, with participation from new investors including Coparion, Check24 Ventures and PUSH […]

Men’s wellness startup Hims has launched a line of women’s health products called Hers

Exactly one year to the day since it launched its line of men’s health products, Hims is announcing its foray into women’s wellness. The company is using its mountain of venture capital to support the new brand, called Hers. In September, Hims raised another $50 million in a round led by IVP.  The financing valued the […]

The tactics behind The Athletic’s breakout success in sports subscriptions

Local newspapers may be shuttering and people may be consuming most news on social media, but don’t tell Alex Mather that a subscription news publication can’t grow like a unicorn startup. His 2-year-old sports publisher The Athletic has gained over 100,000 paid subscribers (60 percent under age 34) and has a 90 percent retention rate. Having […]

Summersalt raises $6M for its direct-to-consumer line of eco-friendly swimsuits

Founders Fund has led the $6 million Series A for Summersalt, an early-stage e-commerce startup embracing the next-gen consumer’s penchant for inclusivity and affordability. Headquartered in St. Louis, the 1-year old company sells swimsuits designed in-house with eco-friendly fabrics directly to consumers. Like other D2C brands, Summersalt cuts out the middlemen to give its customers […]

China is funding the future of American biotech

Silicon Valley is in the midst of a health craze, and it is being driven by “Eastern” medicine. It’s been a record year for US medical investing, but investors in Beijing and Shanghai are now increasingly leading the largest deals for US life science and biotech companies. In fact, Chinese venture firms have invested more this […]

In-car commerce startup Cargo raises $22 million led by Founders Fund

Cargo, the startup that helps ridesharing drivers earn money by bringing the convenience store into their vehicles, has raised $22 million in a Series A round led by Founders Fund. Additional investment came from Coatue Management, Aquiline Technology Growth and a number of  high-profile entertainment, gaming and technology executives that include Zynga founder Mark Pincus, Twitch’s […]

TC Sessions: AR/VR early-bird sale extended to Friday

You heard it here first! Early-bird ticket sales are extended till September 28 for TechCrunch Sessions: AR/VR on October 18 at UCLA. Don’t miss out on the biggest savings for this event — book your $99 tickets here. Students, get your tickets for just $45 when you book here. What’s going to happen at TC […]

Early-bird tickets close today, 9/21

TC Sessions: AR/VR on October 18 at UCLA is gearing up to be a great show.Early-bird sales end after today, September 21. Don’t miss out on the biggest savings for this event — book your $99 tickets here before prices go up by $100. The stage will feature some of the industry’s most groundbreaking companies […]