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Can direct listings really fix the IPO pricing problem?
Even if you are tired of IPOs, the direct listings from Amplitude and Warby Parker warrant your attention.
New Age Meats bites into $25M for cultured meat product line development
The company will begin production of its first product offering, a variety of pork sausages, next year.
Astera Labs, a fabless chip startup, nabs $50M at a $950M valuation to remove bottlenecks in high-bandwidth cloud applications
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more […]
Equity Monday: Instagram pauses youth product as Amplitude, Warby Parker prep public offerings
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Signal, the encrypted messaging app, is currently down for many users
Update: In a tweet, Signal said the disruption is due to a hosting outage. Hold tight, folks! Signal is currently down, due to a hosting outage affecting parts of our service. We’re working on bringing it back up. — Signal (@signalapp) September 27, 2021 Signal is down for many users right now. Its status website […]
Thailand’s fintech startup Ascend Money lands $150M at a $1.5B valuation
Ascend Money, the Thailand-based fintech startup behind TrueMoney, an e-wallet service, announced today it has raised a $150 million Series C round at a valuation of $1.5 billion. The Series C round was led by Charoen Pokphand Group, which is a major shareholder of Ascend Money, with participation from Bow Wave Capital Management and returning […]
Oraan raises $3M to increase financial inclusion among Pakistani women
After working as an investment banker in Canada for a decade, Halima Iqbal moved back to Pakistan in 2017 and quickly realized how difficult it is for women to access financial services. “I had a really hard time opening up a basic bank account. It took me about three and a half months,” Iqbal told […]
Singapore-based logistics startup Ninja Van secures $578M Series E
Ninja Van, a Singapore-based logistics startup, has closed a $578 million Series E round to support its operations infrastructure and technology systems growth. Investors include China’s Alibaba Group as well as existing investors DPDgroup’s GeoPost, Facebook co-founder Eduardo Savering’s B Capital Group, Monk’s Hill Ventures, and Zamrud, a sovereign wealth fund controlled by Brunei, based on its […]
Extra Crunch roundup: Here’s everything you missed at TechCrunch Disrupt 2021
If that headline sounded judgmental, I apologize.