TechCrunch Startup News

Seoul and South Korea may well be the secret startup hub that (still) no one talks about. While often dwarfed by the scale and scope of the Chinese startup market next door, South Korea has proven over the last few years that it can — and will — enter the top-tier of startup hubs. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 million. The extended seed round for the two-year-old startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asia-focused European backed private investment company. Learn more abou...

Welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about U.S. VC activity in Europe. Before that, I noted Chinese investor activity in Africa. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter@KateCl...

On the heels of Bill.com’s debut, Chicago-based social media software company Sprout Social priced its IPO last night at $17 per share, in the middle of its proposed $16 to $18 per-share range. Selling 8.8 million shares, Sprout raised just under $150 million in its debut. Underwriters have the option to purchase an additional 1.3 million shares if they so choose. Learn more about your ad choices....

At the very beginning, there were 14 startups. After two days of incredibly fierce competition, we now have a winner. Startups participating in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. They all presented in front of multiple groups of VCs and tech leaders serving as judges for a chance to win $50,000 and the coveted Disrupt Cup...

Many companies realized that there was a huge opportunity when it comes to on-demand delivery of food and groceries. And apparently, too many companies as Glovo co-founder Sacha Michaud expects some consolidation in the space in the near future. Learn more about your ad choices. Visit podcastchoices.com/adchoices

This week Gtmhub announced a $9 million Series A led by CRV. The investment was not a large round, even for an A. But the capital found its way into one of the fastest-growing SaaS companies that we’ve spoken with recently, which made it interesting all the same. And, the firm was willing to talk about its financial performance in some detail. The combination made its Series A impossible to ignore...

As Airbnb absorbs more and more of the demand for housing, it’s exploring how to monetize opportunities beyond vacation rentals. A marketplace for longer term corporate housing could be a huge business, but rather than build that itself, Airbnb is making a strategic investment in one of the market leaders called Zeus Living and will list its homes on the Airbnb site. Learn more about your ad choic...

Nodle, which is competing in the TechCrunch Disrupt Berlin Startup Battlefield this week, is based on a simple premise: What if you could crowdsource the connectivity of smart sensors by offloading it to smartphones? For most sensors, built-in cell connectivity is simply not a realistic option, given how much power it would take. A few years of battery life is quite realistic for a sensor that use...

Open source is a great source of free tools for developers, but as these projects proliferate, and some gain in popularity, the creators sometimes look for ways to monetize successful ones. The problem is that it’s hard to run a subscription-based, dual-license approach and most developers don’t even know where to start. Enter Israeli startup xs:code, which has created a platform to help developer...

According to CEO Afif Khoury, we’re in the middle of “the third wave of social” — a shift back to local interactions. And Khoury’s startup Soci (pronounced soh-shee) has raised $12 million in Series C funding to help companies navigate that shift. Soci works with customers like Ace Hardware and Sport Clips to help them manage the online presence of hundreds or thousands of stores. Learn more about...

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Chinese investor activity in Africa. Before that, I noted Airbnb’s issues. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter@KateCla...

Nathan Beckord Contributor Share on Twitter Nathan Beckord is CEO of Foundersuite.com, a software platform for raising capital and managing investors that has helped entrepreneurs raise over $2 billion since 2016. He is also the host of Foundersuite’s How I Raised It podcast. Learn more about your ad choices. Visit podcastchoices.com/adchoices

“Airbnb’s unit economics are quite legendary — the S-1 is going to be MOST disrupted FASTEST in the next 3 YEARS? Caps for effect.” Who Tweeted that? Initialized Capital’s Garry Tan? Homebrew’s Hunter Walk? Y Combinator co-founder Paul Graham? Or perhaps one of the dozens of other venture capitalists active on Twitter . No, it was Parrot. VC, a new Twitter account and website dedicated to making l...

Uberflip is acquiring SnapApp, bringing together two startups that promise help marketers use their content more effectively. President and Chief Marketing Officer Randy Frisch argued that Uberflip focuses on content experience, not content marketing. In other words, it’s not selling productivity and workflow tools for marketers to write blog posts and and create videos. Instead, it helps them pre...

Uniform Teeth, the teeth straightening startup that helped me figure out I needed a root canal, has just raised a $10 million round of funding led by Canaan Ventures. This brings Uniform Teeth’s total funding to $14 million. With the new funding, Uniform Teeth plans to open up two more locations, one in Seattle and one in Chicago early next year. Uniform Teeth currently operates two locations in S...

A lot of companies talk about the value of your data, and about helping you get more control over the information you share, but Toronto-based Delphia is unique in aiming to build a viable, sustainable and scalable way to take a person’s data and turn that into real monetary gain. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Accel, one of the world’s most influential venture capitalist firms, is becoming more bullish on India. The Silicon Valley-headquartered firm, which largely focuses on early stage investments, said today it has closed $550 million for its sixth venture fund in India. This is a significant amount of capital for Accel’s efforts in India, where it began investing 15 years ago and has infused roughly...

Back in February, we wrote that Postscript “wants to be the Mailchimp for SMS.” Now they’ve raised $4.5 million to help get it done. This round was led by Accomplice, and backed by Kayak co-founder Paul English, Wufoo co-founder Kevin Hale, Klaviyo co-founder Andrew Bialecki, Drift co-founder Elias Torres, Front co-founder Mathilde Collin and Podium co-founders Eric Rea and Dennis Steele. The Post...

Have we got a Cyber Monday deal for you. TC Sessions: Robotics+AI (March 3) and TC Sessions: Mobility (May 14) are coming back to California in 2020 with early bird tickets starting at $275 and $250 respectively. But if you buy your pass today, you’ll save an extra 15 percent on each event. How sweet is that? Don’t delay, startuppers. Buy your pass to TC Sessions: Robotics & AI and/or TC Sessions:...

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about Airbnb’s issues. Before that, I noted Uber’s new “money” team. Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter@KateClarkTweets. Le...

The New York Stock Exchange filed paperwork this morning with the U.S. Securities and Exchange Commission to allow companies to raise capital as part of a direct listing. Direct listings are a way for companies to go public by selling existing shares held by insiders, employees and investors directly to the market, rather than the traditional method of issuing new shares. Learn more about your ad...

Zebra Fuel, the startup that brought fuel directly to your vehicle, is ‘no longer’ delivering in London Zebra Fuel, the London-based startup that delivered fuel directly to your vehicle — backed by Robin and Saul Klein’s LocalGlobe, Brent Hoberman’s Firstminute Capital and Zoopla founder Alex Chesterman — has told customers it is “no longer” delivering fuel in London. Learn more about your ad choi...

Joe Procopio Contributor Share on Twitter Joe is a multi-exit, multi-failure entrepreneur. Joe is currently building Spiffy, and previously sold Automated Insights, sold ExitEvent, and built Intrepid Media. Find more about Joe at joeprocopio.com or @jproco on Twitter. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Vivun, a startup that wants to help companies keep better track of pre-sales data announced a $3 million seed round today led by Unusual Ventures, the venture firm run by Harness CEO Jyoti Bansal. Vivun founder and CEO Matt Darrow says that pre-sales team works more closely with the customer than anyone else, delivering demos and proof of concepts, and generally helping sales get over the finish l...