Fundings and Exits

Automattic, the company behind WordPress.com, WooCommerce, Longreads, Simplenote and a few other things, is acquiring Brooklyn-based startup Atavist. Atavist has been working on a content management system for independent bloggers and writers. With an Atavist website, you can easily write and publish stories with a ton of media. You might think that this isn’t particularly
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week TechCrunch’s Silicon Valley Editor Connie Loizos and I jammed out on a couple topics as Alex Wilhelm was out managing his fake stock game spreadsheets or something. (The jury is out on whether this was a
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Mighty Bear, a game studio startup that grew out of King.com’s former office in Singapore, has landed new funding as it readies its debut title for smartphones. The startup was founded by four former King.com staffers — Simon Davis, Fadzuli Said, Benjamin Chevalier and Saurabh Shukul — after the gaming giant closed its Singapore office — inherited
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Beamery, a London-based startup that offers self-styled “talent CRM”– aka ‘candidate relationship management’ — and recruitment marketing software targeted at fast-growing companies, has closed a $28M Series B funding round, led by EQT Ventures. Also participating in the round are M12, Microsoft’s venture fund, and existing investors Index Ventures, Edenred Capital Partners and Angelpad Fund. Beamery last
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Supermercato24, an Italian same-day grocery delivery service, has raised €13 million in Series B funding. Leading the round is FII Tech Growth, with participation from new investor Endeavor Catalyst, and current investors 360 Capital Partners, and Innogest. Similar to Instacart in the U.S. and claiming to be the leader in Italy, Supermercato24 lets customers order
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Peek, a U.S. startup aiming to digitize the travel activities industry, has pulled a $23 million Series B round of financing and uncorked a partnership with Google that will help increase its visibility. Founded in 2012 by Ruzwana Bashir (CEO) and Oskar Bruening (CTO), the San Francisco-based startup describes itself as “OpenTable for the activities market” in
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Talentry, a startup based in Munich that has developed a “social recruitment and marketing platform,” has closed €6 million in Series A funding. Leading the round is Nauta Capital, the pan-European VC focused on SaaS, with participation from Rocket Internet’s GFC, Allgeier SE, and number of angel investors. I also understand that GFC previously backed
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Veriff, the Estonian startup that wants to become something akin to the ‘Stripe for identity’, has raised $7.7 million in Series A funding. Leading the round is Mosaic Ventures, joining an impressive list of backers that include Taavet Hinrikus, Ashton Kutcher, Paul Buchheit, Elad Gil, SV Angel, ACE Ventures, and Superangel. Mosaic’s Simon Levene, and
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BitTorrent, an early mover (and currently the largest player) in decentralised computing architecture to distribute and store data, is being sold for $140 million in cash to Justin Sun and his blockchain media startup Tron, according to multiple sources close to the deal, who spoke to TechCrunch. Variety earlier this week reported that a sale
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The largest payment app in South Korea, Toss, has pulled in $40 million in fresh investment from Singapore sovereign wealth fund GIC and Sequoia China. The deal for Viva Republica, Toss’s parent company, comes just over a year after it raised $48 million from payment giant PayPal and others. There’s no valuation for this newest round,
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PatSnap, a Euro-Asian company that offers a patent and R&D platform and services, has pulled in a $38 million Series D funding round led by existing investors Sequoia and Shunwei Capital, the investment firm founded by Xiaomi co-founder and CEO Lei Jun. Southeast Asia’s Qualgro also took part. All three backed the company in 2016 when it led
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Farmdrop, the farmer-friendly online grocery platform based in the U.K., has picked up £10 million in new funding. New investors in this Series B round include LGT Impact Ventures (described as a growth equity investor that invests in businesses making a positive contribution to society), and Belltown Ventures, a renewable energy investment specialist with an
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Swedish telehealth startup Kry has closed a $66 million Series B funding round led by Index Ventures, with participation from existing investors Accel, Creandum, and Project A. It raised a $22.8M Series A round just over a year ago, bringing its total raised since being founded back in 2014 to around $92M. The new funding will be put towards market expansion,
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Metaboards, an Oxford-based startup that is developing new wireless charging technology, has secured $5 million in funding. The round is led by Oxford Sciences Innovation (OSI), with participation from RT Capital Management, and Woodford Investment Management. The burgeoning company will use the new funds to expand the team with the aim of bringing its patented
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Naspers, the South Africa-based firm that famously backed Chinese giant Tencent in its infancy, is in talks to invest in Singapore-based startup Carousell, according to two sources with knowledge of discussions. Carousell offers a mobile app that combines listings with peer-to-peer selling across Southeast Asia, Taiwan and Hong Kong. That makes it well-aligned with Naspers’ portfolio,
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