Quantum Machines raises $17.5M for its Quantum Orchestration Platform
Avigdor Willenz

Quantum Machines raises $17.5M for its Quantum Orchestration Platform

Quantum Machines, a Tel Aviv-based startup that is building both hardware and software to operate quantum computers, today announced that it has raised a $17.5 million Series A funding round. The round was led by Israeli tech entrepreneur Avigdor Willenz (who, among other companies, co-founded Habana Labs and Anapurna Labs …

Where top VCs are investing in remote events
Accel Partners

Where top VCs are investing in remote events

The novel coronavirus pandemic has rapidly moved companies into a remote-first world. Nearly all of the world’s largest events have been canceled, put on pause or pivoted to online-only. In the tech world, event cancellations thus far have included SXSW, GDC, Mobile World Congress, Google I/O, Facebook F8, E3 and …

Join TC tomorrow at 9 am PT for a chat about the latest YC startup batch
Fundings & Exits

Join TC tomorrow at 9 am PT for a chat about the latest YC startup batch

Hello TechCrunch friends and family, tomorrow morning at 9 am Pacific Time we’re gathering on Zoom for an in-depth chat about our favorite startups from the latest Y Combinator Demo Day. This year’s installment of the twice-yearly startup event happened yesterday, a week early and online only. Like many other …

When this growth investor expects startups will be able to raise again
Angel Investor

When this growth investor expects startups will be able to raise again

Earlier today, TechCrunch caught up with Chris Sugden, a managing partner at Edison Partners, to talk about the current fundraising market, what’s next for SaaS startups and if there’s any good news to be found in today’s market. As the stock market continues to gyrate (more up than down), and …

Equity Tuesday: Wild markets, a neat early-stage round and the closed IPO window
equity

Equity Tuesday: Wild markets, a neat early-stage round and the closed IPO window

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing the main show. For folks hunting for our longer-form work, …

As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout
coronavirus

As the world waits for more economic stimulus, stocks stabilize following Monday’s market rout

Investors seem to be taking a wait-and-see approach to the markets right now, after a bumpy evening where a presidential tweet and commitment of economic support seemingly sent traders to smash buy buttons before realizing that there was no new substance behind Monday’s night moves. Economies around the world are …

Have hundreds of unicorns missed their exit window as Q1 IPOs grind to a halt?
coronavirus

Have hundreds of unicorns missed their exit window as Q1 IPOs grind to a halt?

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. As investors struggle to price the stock market as economic and political news continues to break, the private market is entering a rough period. It seems increasingly likely that the …

Equity Tuesday: Wild markets, a neat early-stage round, and the closed IPO window
coronavirus

Equity Tuesday: Wild markets, a neat early-stage round, and the closed IPO window

Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Regular Equity episodes still drop Friday morning, so if you’ve listened to the show over the years, don’t worry — we’re not changing the main show. For folks hunting for our longer form …

Business banking fintech Penta raises another €18.5M
Europe

Business banking fintech Penta raises another €18.5M

Penta, the Berlin-based business banking challenger that also now operates in Italy, has raised €18.5 million, described as the first closing of a new funding round. Leading the round is new investor RTP Global and existing investor HV Holtzbrinck Ventures. Also participating is ABN AMRO Ventures and Berliner Volksbank Ventures, and Finleap …

To make locks touchless, Proxy bluetooth ID raises $42M
Access Control

To make locks touchless, Proxy bluetooth ID raises $42M

We need to go hands-off in the age of coronavirus. That means touching fewer doors, elevators, and sign-in iPads. But once a building is using phone-based identity for security, there’s opportunities to speed up access to WIFI networks and printers, or personalize conference rooms and video call set-ups. Keyless office …