SoftBank reportedly preps a package to take control of WeWork parent company

SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a  bid that would save WeWork parent company We Co., just weeks before the co-working real estate company’s imminent collapse, The Wall Street Journal reports. With the collapse of the company’s planned initial public offering, We Co. is facing a cash […]

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Brad Feld: what founders need to know about recent changes in VC deal terms

Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Connie Loizos hopped on the line with prominent investor, entrepreneur, thought leader, and Techstars co-founder Brad Feld to discuss the latest edition of his book “Venture Deals”, his advice to […]

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Club Factory raises $100M to expand its lifestyle e-commerce platform in India

Club Factory, a Chinese e-commerce platform that sells fashion and beauty items and electronics accessories, has raised $100 million in a new financing round as it looks to expand its footprints in India. The new financing round — Series D — was led by Qiming Venture Partners Bertelsmann, IDG Capital, and” other Fortune 500 companies […]

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Nexkey raises $6M Series A round to make your company’s doors smarter

Nexkey, a company that provides a mobile access control solution for commercial buildings and workspaces, today announced that it has raised a $6 million Series A round led by Upfront Ventures. K9 Ventures, Mark IV Capital and Anand Chandrasekaran, the former Head of Platform for Messenger at Facebook, also participated in the round. Upfront also […]

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India’s Vahdam Teas raises $11M to grow its tea-commerce business in the US and Europe

Vahdam Teas, an India-based e-commerce startup that sells fresh tea in international markets, has closed a new financing round as it looks to expand its presence in the U.S. and Europe. The three-year old startup said it has raised $11 million in its Series C financing round. The round, which according to a person familiar […]

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Clari snags $60M Series D on valuation of around $500M

Clari uses AI to help companies find key information like the customers most likely to convert, the state of orders in the sales process or the next big sources of revenue. As its revenue management system continues to flourish, the company announced a $60 million Series D investment today. Sapphire Ventures led the round with […]

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Boeing backs Virgin Galactic with strategic $20M investment

Virgin Galactic has $20 million more to pursue its goal of space tourism with a new investment from Boeing announced this morning. The two companies are both deeply involved in human spaceflight, but in different ways — and Boeing seems to feel that it’s better to join Virgin than try to beat them at this particular game.

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Get guaranteed rent for your home from new startup Doorstead

Missing out on a month’s rent because you can’t find a tenant is a huge loss. Searching for someone to fill a home takes work, while property managers are incentivized to price your place too high leading to costly vacancies. But new startup Doorstead wants to take on the risk and the work for you. […]

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Next Insurance raises $250M from Munich Re, becomes a unicorn

Next Insurance, a three-year-old U.S.-based firm that sells insurance products to small businesses, has become the latest unicorn in the nation after bagging $250 million in a new financing round, the startup said today. Germany-based Munich Re, one of the world’s largest reinsurers, alone funded Next Insurance’s Series C round, the two said in a […]

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