Category: Fundings & Exits
Raspberry Pi gets $45M to meet demand for low-cost PCs and IoT
This post is by Natasha Lomas from Fundings & Exits – TechCrunch Turns out COVID-19 lockdowns have been good for the indoor hobby of hardware hacking: The U.K.-based foundation behind the low-price microprocessor Raspberry Pi announced close of a $45 million funding round yesterday. The cash injection into the trading arm of the (nonprofit) Raspberry…
Just raises $8M in its effort to beat Root at the car insurance game
This post is by Mary Ann Azevedo from Fundings & Exits – TechCrunch Just Insure, a pay-per-mile insurance technology company, has raised $8 million in a funding round. CrossCut Ventures, ManchesterStory and Western Technology Investments co-led the investment, which brings its total raised to $15.3 million since its January 2019 inception. Los Angeles-based Just says…
EarthOptics helps farmers look deep into the soil for big data insights
This post is by Devin Coldewey from Fundings & Exits – TechCrunch Farming sustainably and efficiently has gone from a big tractor problem to a big data problem over the last few decades, and startup EarthOptics believes the next frontier of precision agriculture lies deep in the soil. Using high-tech imaging techniques, the company claims…
Sorare raises $680 million for its fantasy sports NFT game
This post is by Romain Dillet from Fundings & Exits – TechCrunch French startup Sorare has announced that it has raised a significant funding round. SoftBank's Vision Fund 2 has led a $680 million Series B round, which values the company at $4.3 billion. Sorare has built a fantasty football (soccer) platform based on NFTs,…
Fivetran hauls in $565M on $5.6B valuation, acquires competitor HVR for $700M
This post is by Ron Miller from Fundings & Exits – TechCrunch Fivetran, the data connectivity startup, had a big day today. For starters it announced a $565 million investment on $5.6 billion valuation, but it didn’t stop there. It also announced its second acquisition this year, snagging HVR, a data integration competitor that had…
Freshworks’ valuation could crest $10B in upcoming IPO
This post is by Alex Wilhelm from Fundings & Exits – TechCrunch Earlier today, TechCrunch examined the new IPO price range for Toast. The U.S. software-and-fintech company moved its valuation materially higher in anticipation of pricing tomorrow after the bell and trading on Wednesday. It was not alone in doing so. Freshworks is also targeting…
Toast raises IPO price range, providing a Monday bump to fintech valuations
This post is by Alex Wilhelm from Fundings & Exits – TechCrunch U.S. technology unicorn Toast filed a new S-1 document this morning detailing a higher IPO price range for its shares. The more expensive range indicates that Toast may be worth more in its debut than it initially expected, a bullish sign for technology…