What if instead of blasting cargo into space on a rocket, we could fling it into space using a catapult? That’s the big, possibly crazy, possibly genius idea behind SpinLaunch. It was secretly founded in 2014 by Jonathan Yaney, who built solar-powered drone startup Titan Aerospace and sold it to Google. Now TechCrunch has learned… Continue reading Stealth space catapult startup SpinLaunch is raising $30M
Category: Fundings
Travel activities platform KKDay raises $10.5M led by Japanese travel firm H.I.S.
KKDay, a startup from Taiwan that operates a platform that helps travelers find local activities, has raised $10.5 million. The funding round was led by Japanese travel operator H.I.S. with participation from existing backer MindWorks Ventures, the Hong Kong-based VC. KKDay is one of a number of services that cater to Asia’s burgeoning regional tourism… Continue reading Travel activities platform KKDay raises $10.5M led by Japanese travel firm H.I.S.
Tinyclues, the AI-driven campaign marketing solution, scores $18M Series B
Tinyclues, the French startup that offers an intelligent campaign marketing solution that uses AI to help push the right products to the right customers, has closed $18 million in Series B investment. Leading the round is EQT Ventures, with participation from existing backers Alven, Elaia Partners, and ISAI. Using what it describes as “Deep AI… Continue reading Tinyclues, the AI-driven campaign marketing solution, scores $18M Series B
ParkBee closes €5M funding to open up private car parks to public bookings
ParkBee, a Netherlands-founded startup that lets private car parks monetize underutilized spaces by making them bookable to the public, has picked up €5 million in new funding The round is led by German-based Statkraft Ventures, with participation from existing investors. Statkraft Ventures is backed by the Statkraft Group, which claims to be Europe’s largest generator… Continue reading ParkBee closes €5M funding to open up private car parks to public bookings
India’s Capillary Technologies raises $20M from Warburg Pincus and Sequoia
Capillary Technologies, an India-based startup that helps e-commerce businesses manage their marketing and customer engagement, has pulled in $20 million in fresh funding from existing investors Warburg Pincus and Sequoia. The company said it plans to use the capital to develop its products and R&D, including a new focus on the fast-moving consumer goods (FMCG) space… Continue reading India’s Capillary Technologies raises $20M from Warburg Pincus and Sequoia
Startup that sells your salary data to VCs gets bought by Solium
Investors don’t want their portfolio companies to pay you too much, or too little. So they pay Advanced-HR for its compensation data pulled from 2,500 startups. With a generic name, the service has flown somewhat under the radar since launching 20 years ago. As startups grow more professional while staying private longer, they’re getting serious… Continue reading Startup that sells your salary data to VCs gets bought by Solium
Vectra raises $36M for its AI-based approach to cybersecurity intrusion detection
With the trend of growing cybercrime showing no indication of abating, a startup called Vectra that has built an artificial intelligence-based system called Cognito to detect cyberattacks and mobilise security systems to respond to them has raised $36 million to expand its R&D and business development. This Series D comes on the back of a… Continue reading Vectra raises $36M for its AI-based approach to cybersecurity intrusion detection
Outsourcing management startup 4me announces $1.65 million seed investment led by Storm Ventures
4me, a startup that helps companies organize and track their IT outsourcing projects, announced a $1.65 million seed investment led by Storm Ventures. The company, which launched in 2010, would seem to be a bit long in tooth to warrant a seed investment round, but co-founder and CEO Cor Winkler Prins explained that the founders… Continue reading Outsourcing management startup 4me announces $1.65 million seed investment led by Storm Ventures
Bike-share startup Zagster raises $15 million
Zagster, the bike-share company behind the Pace brand, has raised a $15 million round led by Edison Capital Partners. The startup has also unveiled its new bike parking system for both shared and personal bikes. “Bikes have always locked to things,” Zagster CEO Tim Ericson said in a press release. “Cities have been willing to… Continue reading Bike-share startup Zagster raises $15 million
Skelter Labs raises $9M to help put Korea on the global AI map
China and the U.S. are the two countries most closely associated with artificial intelligence (AI) technology, but a startup in Korea is out to add its nation to mix after it raised more than $9 million from some big-name investors. Skelter Labs, which was founded in 2015 by Google’s former chief technical officer in Korea,… Continue reading Skelter Labs raises $9M to help put Korea on the global AI map