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Business / TechCrunch

Kakao Mobility picks up additional $55M funding at over $4.2B valuation

Kakao Mobility, the South Korea-based mobility as a service (MaaS) startup behind Kakao T, a ride-hailing app, said it has raised an additional $55 million (65 billion won) from strategic investor GS Retail. This brings its total raised to about $941.4 million (1.11 trillion won) and values it at more than $4.2 billion, a spokesperson []

2 Dec 2021 9:35 am
4 analysts break down Bret Taylors pretty sweet week

Bret Taylor finds himself in a unique position in Silicon Valley: in just one week at age 42, he's accepted substantial positions at two tech powerhouses.

2 Dec 2021 6:24 am
If we cant design autonomous robots, maybe they can design themselves

Delivering a humanoid robot capable of independently venturing out into public is likely a long way off.

2 Dec 2021 6:23 am
South African talent marketplace OfferZen gets $5.2M to deepen European expansion

South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised 4.5 million ($5.07 million) in Series A funding from South African investment company Base Capital. This is OfferZens first round of funding since Philip Joubert, Malan Joubertand Brett []

1 Dec 2021 1:33 pm
Maple VC locks down $16.5 million for its second seed-stage fund by waving the Canadian flag

Maple VC is based in San Francisco, but dont let that fool you, says its founder, Andre Charoo. The young fund, which launched in 2016 with $1.2 million in capital commitments, just closed on $16.5 million in capital commitments for a second fund that promises to almost exclusively back savvy Canadian founders, no matter where []

1 Dec 2021 10:02 am
Formula E says third-gen vehicle will be the worlds most efficient race car

Formula E has announced what it claims is the planet's most efficient race car. Teams will use the third-generation (Gen3) electric car in the 2022-23 season and can start testing it in the spring.

30 Nov 2021 10:31 pm
ThreeFlow raises $45 million to scale its employee benefits placement software

ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in []

30 Nov 2021 6:30 pm
Sydney-based quantum sensing startup Q-CTRL raises $25M Series B led by Airbus Ventures

Q-CTRL, a Sydney-based startup that provides quantum control engineering solutions, announced today it has raised a $25 million Series B led by Airbus Ventures with participation from Ridgeline Partners, Main Sequence Ventures, Horizons Ventures, SquarePeg Capital, Sierra Ventures, DCVC, Sequoia Capital China and InQTel. The latest funding will support hiring staff and enable new data-as-a-service []

30 Nov 2021 6:30 pm
Abacum, a SaaS for finance teams, adds $25M in Atomico-led Series A

Abacum, a SaaS maker geared toward upgrading mid-sized companies financial planning and analysis tools, has fast-followed the $7 million seed it raised earlier this year (April) with a $25M Series A round. The latest funding brings its total raised to date to $32M. The Series A is led by European VC Atomico, with participation from []

30 Nov 2021 6:30 pm
Soveren launches from stealth with $6.5M seed funding to automate GDPR compliance

Soveren, a London-based startup that automates the detection of privacy risks to help organizations comply with GDPR and CCPA, has launched out of stealth with $6.5 million in seed funding. The company analyzes real-time data flows inside an organizations infrastructure to discover personal data and detect privacy risks to make it easier for CTOs and []

30 Nov 2021 1:35 pm
Partech raises $750 million growth fund

Paris-based VC firm Partech has announced the closing of the fundraising of its new growth fund. Partech Growth II is the firms second growth fund. And the team managed to raise $750 million. As a reminder, Partech Growth I was a smaller fund with 400 million under management, which represents $460 million at todays exchange []

30 Nov 2021 1:31 pm
Upway is building an online marketplace to buy and sell used electric bikes

Meet Upway, a French startup that is building a marketplace for second-hand electric bikes. The startup just raised a $5.7 million (5 million) seed round from Sequoia Capital and Global Founders Capital. If youre familiar with the world of online marketplaces for cars, Upway will sound familiar to you as well. The company buys electric []

30 Nov 2021 10:30 am
BMW combines M legacy and rockstar esthetic into a quick V8 hybrid SUV

BMW couldnt mark the 50th anniversary of its high-performance M division with any ol concept vehicle. Instead, the German automaker tapped into a rock star aesthetic that would make David Lee Roth proud with a plug-in hybrid concept that merges V8 power with next level M design. The XM SUV plug-in hybrid concept suitably []

30 Nov 2021 6:30 am
4 key strategies for succeeding at international expansion

Expanding internationally can exponentially impact your bottom line, business and brand. Scaling your business beyond borders, however, is a path riddled with obstacles.

30 Nov 2021 6:29 am
Labor board authorizes new Amazon union vote

The director of the National Labor Relation Boards 10th region has authorized a new union election for workers at Amazons Bessemer, Alabama fulfillment center. An NLRB representative has confirmed the decision with TechCrunch, which would see the Retail, Wholesale and Department Store Union getting a second chance to unionize workers at the site, following its []

30 Nov 2021 2:17 am