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…

  • Business Canvas, a Korea-based document management SaaS company, closes $2.5M seed round

    This post is by Kate Park from Fundings & Exits – TechCrunch Business Canvas, the South Korean document management SaaS company behind Typed, announced today it has raised a $2.5 million seed round led by Mirae Asset Venture Investment, with participation from Kakao Ventures and Nextrans Inc. The seed round will be used for accelerating…

  • 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…