Bolt Bikes launches e-bike subscription platform for gig delivery workers in US, UK

Bolt Bikes, the Sydney, Australia-based startup founded in 2017, is taking to the U.S. and U.K. its electric bike platform designed for gig economy delivery workers. The company is expanding on the heels of a $2.5 million seed round led by Maniv Mobility, European e-mobility firm Contrarian Ventures, individual investors and former executives of Uber […]

Wrench’s on-demand vehicle repair and maintenance service picks up $20 million

Wrench, the Seattle-based on-demand vehicle maintenance and repair service for consumers and fleets, has raised $20 million in its latest round of financing. The company’s round was led by Vulcan Capital, with additional participation from Madrona Venture Group, Tenaya Capital and Marubeni Corp. Wrench is one of a growing number of companies using technology to […]

San Francisco smokes Juul’s hopes by voting to keep e-cigarette ban

Voters in San Francisco have resoundingly rejected an attempt to overturn a citywide ban on e-cigarettes by a margin of around 80:20. Reporting on the count in the Bay Area, CBS SF says at least 78 per cent of voters rejected the ballot measure, known as Proposition C. The measure had been heavily back by e-cigarette […]

Startups Weekly: Understanding Uber’s latest fintech play

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about how SoftBank is screwing up. Before that, I noted All Raise’s expansion, Uber the TV show and the […]

Bosun Tijani talks strategy as CEO of Africa’s new largest tech hub

With CcHub‘s acquisition of iHub in September, Nigerian Bosun Tijani is at the helm of (arguably) the largest tech network in Africa. He is now CEO of both organizations, including their robust membership rosters, startup incubation programs, global partnerships and VC activities from Nigeria to Kenya . One could conclude Tijani has become one of […]

IoT security startup Particle raises $40M in Series C

Particle, a platform for Internet of Things devices, has raised $40 million in its latest round of funding. Qualcomm Ventures and Energy Impact Partners led the Series C raise, with backing from existing investors including Root Ventures, Bonfire Ventures, Industry Ventures, Spark Capital, Green D Ventures, Counterpart Ventures and SOSV. With its latest round of […]

ZeroDown, valued at $150M, plans to take on Zillow

Days out of Y Combinator, venture capitalists valued ZeroDown, a financial and real estate technology startup, at $150 million. The company had the perfect match of experienced founders and eye-popping ambitions to carve a new path to home ownership. “I think we will be known as a company that makes it easier to buy a […]

8 tips for founders trying to raise their first round of venture capital

If you’re an avid TechCrunch reader, someone who loves to absorb endless startup profiles and pore through fundraising stories, you might think raising venture capital is easy. In reality, it’s very, very difficult and not the best source of capital for most businesses. For startups hoping to scale far and wide as fast as possible, […]

Opendoor appoints CFO, CPO

Opendoor has named Gautam Gupta its chief financial officer and chief business officer, critical roles as the business continues to alter the way in which homes are bought and sold. Uber’s former head of finance, Gupta joined the $3.8 billion home-selling platform as its chief operating officer in 2017. The company, which has raised more […]

Tiger Global values people management tool Lattice at ~$200M

The secretive New York-based hedge fund Tiger Global Management has led a $25 million Series C investment in Lattice, an employee performance and engagement management tool, with participation from the startup’s existing investors. The round, which values Lattice in the ballpark of $200 million, says co-founder and chief executive officer Jack Altman, comes just six […]