Tim Hortons marks two years in China with Tencent investment
TC

Tim Hortons marks two years in China with Tencent investment

Tim Hortons, the Canadian coffee and doughnut giant, has raised a new round of funding for its Chinese venture. The investment is led by Sequoia China with participation from Tencent, its digital partner in China, and Eastern Bell Capital. The round comes two years after Tim Hortons made its foray …

A photo of social commerce startup Raena’s team. From left to right: chief operating officer Guo Xing Lim, chief executive officer Sreejita Deb and chief commercial officer Widelia Liu
Asia

Singapore-based Raena gets $9M Series A for its pivot to skincare and beauty-focused social commerce

Raena’s team, from left to right: chief operating officer Guo Xing Lim, chief executive officer Sreejita Deb and chief commercial officer Widelia Liu Raena was founded in 2019 to create personal care brands with top social media influencers. After several launches, however, the Singapore-based startup noticed an interesting trend: customers …

How to land startup funding from real estate giant Brookfield, which manages $600 billion in assets
TC

How to land startup funding from real estate giant Brookfield, which manages $600 billion in assets

There are big investment firms, and then there are big investment firms. Brookfield Asset Management, the Toronto-based,122-year-old outfit whose current market cap is $63 billion and that oversees $600 billion in assets, clearly falls into the latter camp. Think real estate, infrastructure, renewable power, private equity, and credit. If it …

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 …

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, …

Blue Origin pushes New Glenn orbital rocket’s first flight to Q4 2022
Aerospace

Blue Origin pushes New Glenn orbital rocket’s first flight to Q4 2022

Jeff Bezos’ space company Blue Origin published an updated timeline for the first flight of New Glenn, the orbital rocket it’s building to complement its existing New Shepard suborbital space launch vehicle. The company is now targeting Q4 2022 — a slippage of roughly a year from the prior stated …

Learn about creating equity in tech with Rep. Barbara Lee at TechCrunch Sessions: Justice
Events

Learn about creating equity in tech with Rep. Barbara Lee at TechCrunch Sessions: Justice

Rep. Barbara Lee, who has represented the East Bay of California since 1998, is one of Congress’s staunchest proponents of diversity in tech. Representing Oakland, Emeryville and other cities nestled around the hills of the East Bay, she knows all too well about the benefits reaped by those in Silicon …

LTA Research and Exploration airship patent
Google

Sergey Brin’s airship aims to use world’s biggest mobile hydrogen fuel cell

Sergey Brin’s secretive airship company LTA Research and Exploration is planning to power a huge disaster relief airship with an equally record-breaking hydrogen fuel cell. A job listing from the company, which is based in Mountain View, California and Akron, Ohio, reveals that LTA wants to configure a 1.5-megawatt hydrogen …

Twitter’s ‘Super Follow’ creator subscription takes shots at Substack and Patreon
analyst

Twitter’s ‘Super Follow’ creator subscription takes shots at Substack and Patreon

It’s been an all-around more ambitious year for Twitter. Following activist shareholder action last year that aimed to oust CEO Jack Dorsey, the company has been making long overdue product moves, buying up companies and aiming to push the envelope on how it can tap its network and drive new …