TechCrunch Startup News

Huron founder and CEO Matt Mullenax is hoping to build a big business around body wash. “For us, the broader mission is A+ personal care for guys everywhere — not just guys in New York or guys in the Bay Area or guys in Los Angeles,” he said. The startup has raised $1 million in seed funding from RXBAR founders Peter Rahal and Jared Smith, CXT Investments, and Lean Luxe founder M. Paul Munford. Le...

Is there room for another social media platform? ShareChat, a four-year-old social network in India that serves tens of million of people in regional languages, just answered that question with a $100 million financing round led by global giant Twitter . Other than Twitter, TrustBridge Partners, and existing investors Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and M...

Binance, the world’s largest cryptocurrency exchange, announced today that it will launch an open blockchain project called Venus to develop regional stablecoins pegged to fiat currencies (or traditional currencies usually issued and backed by a government). Based in Malta, Binance launched its decentralized trading service, Binance Chain, earlier this year, and since then has issued stablecoins p...

UrbanStems is announcing that it has raised $12 million in Series B funding. CEO Seth Goldman told me the startup has already been using the money to expand nationally. He explained that UrbanStems now has two delivery models — there are bike couriers who deliver plants and flowers within two hours in New York City and Washington, D.C. (where the company is headquartered), and then there’s a third...

Holy hardware, startup founders! You have only 24 hours left to apply to the Hardware Battlefield at TC Shenzhenon November 11-12. This hardware-only pitch competition, cousin to TechCrunch’s world-renown Startup Battlefield, is a real game-changer. Got hardware? Want to launch on a world stage? Do. Not. Delay. Apply to compete in TC Hardware Battlefield 2019 before 11:59pm on August 14th. What’s...

What happens when two former spies meet the startup world? We’re about to find out. We’re pleased to announce former National Security Agency director Adm. Mike Rogers will be at Disrupt SF on October 2-4. The former U.S. intelligence head oversaw the shadowy agency during one of its most tumultuous times in its history in the aftermath of the massive leak of classified documents by whistleblower...

Would you rent out your living room for a few hours? This startup is counting on it Recharge, a startup that tried convincing hotels to let its customers rent their rooms by the hour and even minute, has revamped and rebranded. Now Globe, the company is hoping to convince guests to sign up for short stays instead in people’s homes so that they can kick back between other commitments, and, if the h...

Postmates plans to make its IPO paperwork public in September, TechCrunch has learned. Despite previous reports indicating the on-demand delivery company is seeking an M&A exit, sources close to the matter say Postmates is on track to go complete an initial public offering this year. With the S-1 dropping in September, San Francisco-based Postmates is expected to debut on the stock exchange by the...

Ro, a two-year-old startup known for its online pharmacy of men’s health products, has named BuzzFeed’s Todd Levy its chief technology officer. Levy first joined BuzzFeed in 2014 as the digital media company’s vice president of engineering; he was named CTO in 2016. Prior to BuzzFeed, Levy co-founded and led link management tool bit.ly. Levy begins his new role Wednesday, August 14. We’ve reached...

Small satellite launch startup Vector has indefinitely shut down operations “in response a major change in financing,” the company confirmed. Co-founder and CEO Jim Cantrell has also been cut loose as part of the upset. The news comes as a surprise to the space startup community, and apparently to its employees. The company lined up $70 million in funding late last year, and recently was announced...

Considering its unparalleled success, it was only a matter of time before a Brex copycat emerged. Ramp Financial, a new startup led by Capital One-acquired Paribus founders Eric Glyman and Karim Atiyeh (pictured), has raised $7 million, TechCrunch has learned. The capital came from Keith Rabois of Founders Fund, BoxGroup’s Adam Rothenberg and Coatue Management, a hedge fund that recently launched...

Gaming continues to grow in popularity, with esports revenue growing 23 percent from last year to top $1 billion in 2019. But the metrics by which talent is evaluated in gaming, and the methods by which gamers can train to better hone their craft, are varied and at times non-existent. That’s where StateSpace, and specifically the company’s gaming arm Klutch, come into play. In 2017, Statespace lau...

Cockroach Labs, makers of CockroachDB, sits in a tough position in the database market. On one side, it has traditional database vendors like Oracle, and on the other there’s AWS and its family of databases. It takes some good technology and serious dollars to compete with those companies. Cockroach took care of the latter with a $55 million Series C round today. The round was led by Altimeter Cap...

If enterprise software makes your entrepreneurial heart beat faster, you do not want to miss TC Sessions: Enterprise 2019 on September 5 in San Francisco. And if you really want to make your heart sing, buy an early-bird ticket and save $100. But act quickly, because that deal disappears in just 48 hours on August 9 at 11:59 p.m. (PT). Learn more about your ad choices. Visit podcastchoices.com/adc...

Shouting out to all the fierce female founders. Have you applied to participate in theAll Raise“ask me anything” (AMA) sessions atDisrupt SF 2019? No? Women, it’s time to act. Apply for an AMA session by the August 30 deadline and you could win a free Expo Only Pass. You heard that right. We have 30 free Expo Only passes, and we’ll give them away at random to women founders who get accepted to the...

We’re still in the hunt for innovative early-stage hardware startup founders. And by that, we mean boundary-pushers, exceptional disrupters and all-around game-changers. If that sounds like you, you still have time to apply to compete in Hardware Battlefield at TC Shenzhenon November 11-12. Don’t miss your chance to compete in our epic, hardware-focused pitch competition. Apply to TC Hardware Batt...

Cybereason, which uses machine learning to increase the number of endpoints a single analyst can manage across a network of distributed resources, has raised $200 million in new financing from SoftBank Group and its affiliates. It’s a sign of the belief that SoftBank has in the technology, since the Japanese investment firm is basically doubling down on commitments it made to the Boston-based comp...

Monzo says it wasn’t storing ‘some’ customer PINs correctly, but has now fixed the bug Monzo, the fast-growing challenger U.K. challenger bank that recently soft-launched in the U.S., is disclosing a potential, albeit relatively limited, security oversight that saw customer PINs stored incorrectly within the company’s internal systems. Learn more about your ad choices. Visit podcastchoices.com/adc...

There’s nothing like having a pair of fresh, unique sneakers. Limited-release culture facilitates some of that, but The Custom Movement hopes to make originality and self-expression via sneakers more accessible to the masses. The Custom Movement, a custom sneaker startup backed by Y Combinator, enables independent artists to sell their one-of-a-kind sneaker designs to those who want highly unique...

Secure your seat to Disrupt Berlin now and pay later Sonderangebot! That sounds like a super-cool robotics startup you’d find at Disrupt Berlin 2019, right? But it’s German for special offer — and that’s super cool, too. Our premier tech conference takes place on 11-12 December, and we want to make attending Disrupt Berlin as easy on the budget as possible. Learn more about your ad choices. Visit...

Direct-to-consumer plant retailer Bloomscape has raised $7.5 million in Series A funding, with several high-profile D2C startup founders signing on as investors. Founder and CEO Justin Mast told me that his family has five generations of experience as greenhouse owners and operators, and that he first tried to get Bloomscape off the ground more than a decade ago. Since then, Mast has worked at oth...

UrbanClap, a startup that offers home services across India and UAE, has raised $75 million to expand its business. The Series E round for the four-and-half-year-old Gurgaon-based startup was led Tiger Global. Existing investors Steadview Capital, which led the startup’s Series D round, and Vy Capital also participated in the round. The startup has raised about $185 million to date, according to C...

Forget the village, people. It takes an army to make TechCrunch Disrupt the well-oiled experience that savvy start-uppers have come to know and love. And we couldn’t do it nearly as well without our incredible volunteers. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Got hardware? Well then, listen up, because our search continues for boundary-pushing, early-stage hardware startups to join us in Shenzhen, China for an epic opportunity; launch your startup on a global stage and compete in Hardware Battlefield at TC Shenzhenon November 11-12. Apply here to compete in TC Hardware Battlefield 2019. Why? It’s your chance to demo your product to the top investors an...

Low code programming is supposed to make things easier on companies, right? Low code means you can count on trained administrators instead of more expensive software engineers to handle most tasks, but like any issue solved by technology, there are always unintended consequences. While running his former company, Steelbrick, which he sold to Salesforce in 2015 for $360 million, Max Rudman identifi...