Anima, the YC-backed platform that turns designs into code, has today announced the close of a $10 million Series A financing. The round was led by MizMaa Ventures with participation from INcapital and Hetz Ventures. We’ve been following Anima, which was bootstrapped until last year, for a while now. The startup indexes on several trending […]
Skit raises $23M Series B round led by WestBridge Capital to accelerate its growth
“Traditional voice-based call center service is difficult and costly. This is where artificial intelligence and voice technology have presented an opportunity for enterprises to overcome the challenges of scale and engagement at their customer contact centers,” co-founder and CEO Skit Sourabh Gupta told TechCrunch. The Covid-19 pandemic led to an unprecedented increase in call volumes […]
Vista Equity to acquire majority stake in SaaS startup Drift, taking it to unicorn status
Private equity firm Vista Equity Partners announced today that it is taking a majority stake in Drift, a company which aims to be the Amazon of businesses, with a “growth investment” that propels the venture-backed startup to unicorn status. Unfortunately, neither party would disclose the amount of the investment, or Drift’s new valuation. But co-founder […]
General Catalyst, Abstract back Wanderlog’s $1.5M round for collaborative travel
The free itinerary maker and road trip planner takes the best parts of Google Docs and Maps and enables users to import the information and map out their trips with others.
“Knowledge-as-a-service” platform Lynk lands funding from UBS’ Investment Bank
Lynk, the “knowledge-as-a-service” platform with more than 840,000 experts, announced today it has added $5 million raised from UBS’ Investment Bank division to its previously announced Series B. This brings the round’s new total to $29 million. The strategic investment marks the first time UBS has invested private equity in Lynk. The startup, which has […]
Our favorite startups from YC’s Summer 21 Demo Day, Part 1
Y Combinator kicked off its fourth-ever virtual Demo Day today, revealing the first-half of its nearly 400 company batch. The presentation, YC’s biggest yet, offers a snapshot into where innovation is heading, from not-so-simple seaweed to a Clearco for creators. The TechCrunch team stuck to its tradition of covering every single company live (but, you […]
Tribe and Arkam back Jar app to help millions in India start their savings journey
Even as hundreds of millions of people in India have a bank account, only a tiny fraction of this population invests in any financial instrument. Fewer than 30 million people invest in mutual funds or stocks, for instance. In recent years, a handful of startups have made it easier for users — especially the millennials […]
Here are all the companies from Y Combinator’s Summer 2021 Demo Day, Part 1
Today Y Combinator kicked off the Demo Day cycle for its Summer 2021 cohort. The collection of early-stage startups on day one-of-two alone numbered in the hundreds, meaning that we had to assemble a team here at TechCrunch just to cover it all. But before we get into notes on each company that presented, a […]
Daily Crunch: Databricks reaches $38B billion valuation with $1.6B Series H
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Yandex buys out Uber’s stake in Yandex Self-Driving Group, Eats, Lavka and Delivery for $1B
The total cost of the deal came to $1 billion, giving the Russian company 100% ownership over all four businesses.