Spinal surgery is not for the faint of heart at the best of times, but Intelligent Implants raised €7.5 million ($8.7 million) to make spinal surgery less of a pain in the backside. The company’s smart implants’ first application is in spinal fusion surgery — where two or more vertebrae are permanently connected to improve […]
Facebook’s next chapter just might make sense
I could never really figure out why Facebook spent heavily on VR, but the move may have actually been pretty brilliant from a strategic perspective.
The Trump SPAC is doing stonk things, which is hilarious
None of this makes sense. Even by the standards of 2021 and the SPAC era, this is all very stupid.
Working to understand Rent the Runway’s IPO valuation
If we make critical remarks about Rent the Runway’s business, we’re not mocking the market demand it is working to meet. We’re noting that it is perhaps undercharging, which makes some numbers wonky.
Another month, another billion dollars in value appreciation
Hello, and welcome to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. And have a good time. This week Mary Ann and Natasha and Alex (along with our amazing production team Grace, Chris, and Kell) took on a bevy of topics from around the world of startups and technology more […]
a16z, Base Partners cook up $15M in funding for Colombia cloud kitchen concept Foodology
Foodology collects data on user preferences and cross-references that with nearby food options in a geographical area to manage the end-to-end creation of original dishes with delivery.
Citcon raises $30M to make paying with mobile wallets ‘as easy as paying with a credit card’
Citcon, a mobile wallet payment provider, has closed on $30 million in funding in a Series C round co-led by Norwest Venture Partners and Cota Capital. Sierra Ventures and Sonae IM also joined the financing, which brings San Jose-based Citcon’s total raised since its 2015 inception to nearly $50 million. Citcon’s mission is straightforward: to […]
Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies
The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.
Hong Kong-based fintech XanPool raises $27M for its decentralized payment network
XanPool, a payment infrastructure provider that facilitates faster crypto and fiat settlements, announced today it has raised a $27 million Series A led by Valar Ventures. The round included participation from CMT Digital, Wise founder and chairman Taavet Hinrikus and existing investors Gumi Gryptos and Antler. The funding brings XanPool’s total raised since it was […]
Brex just signed a term sheet for $300M at a $12.3B valuation
Fast-growing fintech Brex has raised $300 million in funding that propels it to decacorn status, just six months after it was valued at $7.4 billion, according to people familiar with the deal. The sources, who wished to remain anonymous since the deal is not yet public (although a term sheet has been signed), said corporate […]