Life House, a boutique hotel operator that has built software aimed at helping independent hotel owners and operators, has raised $60 million in a Series C round of funding co-led by new investors Kayak and Inovia Capital. Existing backers Tiger Global, Derive Ventures, Thayer Ventures, JLL, Trinity Ventures, Sound Ventures and Cooley LLP, among others, […]
South African talent marketplace OfferZen gets $5.2M to deepen European expansion
South African tech talent marketplace OfferZen is one of the beneficiaries of the growing global demand for tech workers: It confirmed to TechCrunch that it has raised €4.5 million ($5.07 million) in Series A funding from South African investment company Base Capital. This is OfferZen’s first round of funding since Philip Joubert, Malan Joubert and Brett […]
Maple VC locks down $16.5 million for its second seed-stage fund by waving the Canadian flag
Maple VC is based in San Francisco, but don’t let that fool you, says its founder, Andre Charoo. The young fund, which launched in 2016 with $1.2 million in capital commitments, just closed on $16.5 million in capital commitments for a second fund that promises to almost exclusively back savvy Canadian founders, no matter where […]
Indonesia-focused AC Ventures closes oversubscribed $205M third fund
More investor money is flowing into Indonesia’s startup ecosystem. Today, AC Ventures, which focuses early-stage startups in the country, announced it has raise $205 million in committed capital for its oversubscribed Fund II, more than double its original target of $80 million. Investors include World Bank’s International Finance Corporation (IFC) and Disrupt AD, the venture […]
With $3B expected in 2021, Singapore is becoming a fintech capital
Despite its small size (less than 5 million total population), Singapore is quickly reaching investment levels of countries many times its size.
TechCrunch+ roundup: Jack leaves Twitter, Black Friday data, Nubank lowers IPO pricing
Perhaps it should be pro forma for corporate boards in search of a new CEO to start by talking to the company’s longtime engineers, product managers and marketing leads.
8 disappointing investor archetypes: How founders can stop falling for them
In the spirit of helping founders look beyond the promises of value, let’s delve into some common archetypes of investor relationships that founders experience post-investment.
ThreeFlow raises $45 million to scale its employee benefits placement software
ThreeFlow, which provides software for insurance brokers selling employee benefits, announced today that it raised $45 million in Series B funding. New investor Accel led the round alongside existing investors Emergence Capital, Equal Ventures, and First Trust Capital Partners. The Chicago-based company, formerly known as WatchTower, raised $8 million for its Series A round in […]
Partech raises $750 million growth fund
Paris-based VC firm Partech has announced the closing of the fundraising of its new growth fund. Partech Growth II is the firm’s second growth fund. And the team managed to raise $750 million. As a reminder, Partech Growth I was a smaller fund with €400 million under management, which represents $460 million at today’s exchange […]
VC has a pivotal role to play in the climate fight, but it can’t do everything
The TechCrunch Global Affairs Project examines the increasingly intertwined relationship between the tech sector and global politics.