Eric Crowley is executive director in the San Francisco office of global investment bank GP Bullhound. The pandemic has been extremely painful for many. But as lockdowns lifted and people began resuming their outdoor hobbies, mobile-first businesses have seen growth accelerate as consumers turned to digital tools to improve their time outdoors. The Dyrt, for…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 17, 2021. Today we have what struck us as the most interesting collection of startup news in some time. And we’re keeping an international…
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 16, 2021. While the world deals with myriad issues, we’re sticking to our usual remit. Hugs and love to everyone, and here’s hoping for…
LONDON, Aug. 17, 2021 /PRNewswire/ — Lighthouse Advisory Partners, leaders in technology M&A, has advised Snapbytes UK Ltd. Snapbytes, a Top Atlassian Marketplace Partner with over 4,300 global installations of its IT Service Management (ITSM) applications, has been acquired by Appfire, a leading provider of apps that help teams to solve modern challenges with digital solutions. With teams in Istanbul, Turkey and…
STOCKHOLM, Aug. 17, 2021 /PRNewswire/ — Medius, a leading provider of spend management solutions, is transforming its customer’s electronic invoice management processing with revolutionary patent pending design – ‘touchless capture technology’ – part of the Medius Accounts Payable (AP) Automation suite. Utilizing Microsoft Azure Machine Learning and Artificial Intelligence (AI), with a user-friendly interface, Medius has developed an e-invoicing solution that captures and converts data dynamically, and dramatically reduces processing time to mere moments. …
Revenue-based financing startup Jenfi raises $6.3M to focus on high-growth Southeast Asian companies
Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and…
EV startup Canoo has hired hundreds of employees and is homing in on a production date, but critical milestones including landing a battery supplier remain, according to the company’s second quarter earnings report. Canoo’s earnings report comes just a few weeks after the company’s first investor relations day when it named Dutch company VDL Nedcar…
The pandemic was a catalyst for showing companies looking to cut costs just how much they were spending on their software tools. New York-based Tropic’s platform not only uncovers those savings, but also brings a click-and-approve approach to buying software. Today, the company announced a $25 million Series A round of funding. Canaan Partners led…
Blue Origin, the space company helmed by billionaire Jeff Bezos, is taking NASA to court. The company filed a complaint with a federal claims court on Monday over the agency’s decision to award a lunar lander contract solely to rival company SpaceX. The complaint, which Blue Origin successfully petitioned to have sealed, says NASA’s evaluation…
Roblox is using M&A to bulk up its social infrastructure, announcing Monday morning that they had acquired the team at Guilded that has been building a chat platform for competitive gamers. The service competes with gaming chat giant Discord, with the team’s founders telling TechCrunch in the past that as Discord’s ambitions had grown beyond…