Celebrity video platform memmo raises $10M
Apps

Celebrity video platform memmo raises $10M

Memmo.me, a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding. “We’re really excited about our mission to break down these barriers [and help talent] connect one-to-one instead of one-to-thousands,” said co-founder and CEO Gustav Lundberg Toresson. …

How top startup lawyer Dawn Belt thinks about company-building in the age of SPACs
Dawn Belt

How top startup lawyer Dawn Belt thinks about company-building in the age of SPACs

Dawn Belt has been working with top tech companies for two decades, most recently helping commercial electric vehicle company Proterra go public as a SPAC in January. Now she’ll be joining us at TC Early Stage in April to talk about building a company in 2021, from however you incorporate …

Five takeaways from Coinbase’s S-1
a16z

Five takeaways from Coinbase’s S-1

The Coinbase S-1 is out! And hot damn, did the company have a good fourth quarter. TechCrunch has a first look at the company’s headline numbers. But in case you’ve been busy, the key things to understand are that Coinbase was an impressive company in 2019 with more than a …

Former top Paytm exec is building his own financial services startup
Asia

Former top Paytm exec is building his own financial services startup

The executive who built the financial services boutique for Paytm, India’s most valuable startup, is ready to do something similar all over again. Pravin Jadhav, the former chief executive of Paytm Money, revealed on Thursday his own startup, Raise Financial Services. This time, Jadhav — under whose leadership Paytm had …

Foresite Capital raises $969 million fund to invest in healthcare startups across all stages of growth
alphabet

Foresite Capital raises $969 million fund to invest in healthcare startups across all stages of growth

Health and life science specialist investment firm Foresite Capital has raised a new fund, its fifth to date, totaling $969 million in commitments from LPs. This is the firm’s largest fund to date and was oversubscribed relative to its original target according to fund CEO and founder Dr. Jim Tananbaum, …

Docyt raises $1.5M for its ML-based accounting automation platform
accounting

Docyt raises $1.5M for its ML-based accounting automation platform

Accounting isn’t a topic that most people can get excited about — probably not even most accountants. But if you’re running any kind of business, there’s just no way around it. Santa Clara-based Docyt wants to make the life of small and medium business owners (and their accounting firms) a …

Register for TC Sessions: Justice for a conversation on diversity, equity and inclusion in the startup world
Startups

Register for TC Sessions: Justice for a conversation on diversity, equity and inclusion in the startup world

Diversity, equity and inclusion. These essential elements remain woefully lacking across the tech industry despite recent strides. Join us on March 3 — just one week away — for TC Sessions: Justice 2021. Hear from and engage with the top experts and leading voices working to change the tech industry …

A rocket does a test fire in an industrial environment.
Aerospace

Stoke Space aims to take reusable rockets to new heights with $9M seed

Many launch providers think reusability is the best way to lower the cost and delay involved in getting to space. SpaceX and Rocket Lab have shown reusable first stages, which take a payload to the edge of space — and now Stoke Space Technologies says it is making a reusable …

DigitalOcean’s IPO filing shows a two-class cloud market
Cloud

DigitalOcean’s IPO filing shows a two-class cloud market

This morning DigitalOcean, a provider of cloud computing services to SMBs, filed to go public. The company intends to list on the New York Stock Exchange (NYSE) under the ticker symbol “DOCN.” DigitalOcean’s offering comes amidst a hot streak for tech IPOs, and valuations that are stretched by historical norms. …

Crypto company Anchorage raises $80 million after getting federal banking charter
Anchorage

Crypto company Anchorage raises $80 million after getting federal banking charter

Anchorage has raised an $80 million Series C funding round led by GIC, also known as Singapore’s sovereign wealth fund. Andreessen Horowitz, Blockchain Capital, Lux and Indico are also participating in today’s funding round. The thinking behind this funding round is quite simple. Some companies, such as Tesla or Square, …