Industry News

Campus, a community college startup, receives $23M Series A extension led by Founders Fund

Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But Campus, an online alternative to traditional community colleges, has an approach that aims to change that.  Many adjunct professors at the nation’s top universities, including UCLA, Princeton […]

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Fintech Fundid was shut down over interest rates and a strained cap table

To keep going, Fundid “needed to put up a lot more collateral because of the changing environment,” Stefanie Sample said.

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Bump raises $3M seed to help creators manage finances

Bump allows creators to track income and market value, which can help them negotiate better deals and see how much money they are owed from partners.

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Rippling’s Parker Conrad on the company’s new round, new SF lease and, also, its newest critic

Last week, TechCrunch broke the news that the workforce management software outfit Rippling was on the cusp of closing a new, $200 million round of funding at a hefty $13.4 billion valuation led by Coatue. We also reported that the round featured a separate, $670 million secondary component meant to give some of the company’s […]

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Salesforce’s silly deal dies, Rubrik’s IPO, and venture capital in space

Equity discusses the latest market news, upcoming earnings, IPOs, and what impact — if any — the recent bitcoin halving had on its value.

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TLcom Capital closes second fund at $154M to back early-stage startups across Africa

Venture capital activity in Africa has shown resilience over the past six months, with major firms on the continent closing their funds despite the ongoing funding winter. In the latest development, TLcom Capital, an African VC firm with offices in Lagos and Nairobi and a focus on early-stage startups, has concluded fundraising for its second […]

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Seraphim Space launches second VC fund with 9 investments already under its belt

Following its first close with limited partners, including Eutelsat, the early-stage fund will build a global portfolio of 30 startups that will be backed at the seed and Series A stages.

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Peak XV’s Piyush Gupta is leaving firm to start own secondary-focused VC fund

Piyush Gupta, one of the operating leaders at Peak XV Partners, is leaving the firm at the end of this month to start his own fund, four people familiar with the matter told TechCrunch. Gupta joined Peak XV, formerly known as Sequoia Capital India & SEA, in 2017, leading the influential venture firm’s strategic development […]

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Fintech startup Ramp sees 32% bump in valuation, Mercury expands into consumer banking

Welcome to TechCrunch Fintech! This week, we’re looking at Ramp’s big raise and valuation jump, Mercury’s move into personal banking, Klarna’s new credit card, global funding rounds and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:00 a.m. PT, subscribe here.  The big story Ramp, […]

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Notable Capital’s Hans Tung on the state of VC and the upside to down rounds

To some investors, “down round” is a dirty phrase, but not to Notable Capital’s Hans Tung. Hans is a managing partner at Notable Capital, formerly GGV Capital, a venture firm focusing on investments in the U.S., Latin America, Israel, and Europe. Hans, whose portfolio includes the likes of Airbnb, StockX and Slack, sat down with […]

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