French startup Gourmey just raised a Series A funding round led by Earlybird Venture Capital. In total, the company banked $48 million (€48 million). The company has been working on cultivated meat, and more specifically lab-grown foie gras. It is part of a new wave of companies that want to turn cell-cultured meat products into…
Party Round wants you to know that the party isn’t over. In fact, it just rebranded, put the music just a little bit lower and finally put out some appetizers. After a certain point, don’t we all get peckish? Party Round announced today that it has rebranded to Capital to underscore its product expansion. Now,…
It is typical for consumers to purchase more food items than they need and then throw them away because they either forgot about it or the food expired. It is estimated that 1.3 billion tons of food items are wasted yearly, an approximate $1 trillion loss. Recelery, a pantry tracker app and online marketplace, aims…
Businesses can use dozens of separate software tools to manage their day-to-day operations. Carbon6 Technologies estimates that for smaller businesses, like e-commerce marketplace companies, that can be between eight and 15 custom SaaS tools, which can cost anywhere from several thousand dollars to tens of thousands per year. Instead of continuing to buy each business,…
Last April, Egyptian and MENA-focused venture capital firm Algebra Ventures announced the launch of its $90 million second fund. It was the sequel to its first: a $54 million fund invested in 21 startups across Egypt and the Middle East. While Algebra Ventures predicted it would reach its first close in Q3 2021, the firm…
Naver, the South Korean search giant, today announced it plans to acquire secondhand apparel marketplace Poshmark for $1.2 billion in cash. The deal values publicly-traded Poshmark’s shares at $17.90 — a 15% premium over today’s closing price — and the companies expect it to close by Q1 2023, subject to approval by Poshmark stockholders and…
Heading into 2022, it seemed like we were poised for a big year in M&A. This was especially true for enterprise SaaS companies that saw their values begin to fall in late 2021, a trend that extended into this year. Why are we not seeing more aggressive M&A activity and some good old-fashioned bargain hunting…
Amazon is launching Amazon Access, a new hub for customers to explore the programs, discounts and features that the online retailer offers for affordable shopping, the company announced on Monday. Amazon also announced that its discounted Prime membership, which launched in 2017, will now be called Prime Access. The new Amazon Access hub gives customers…
Prosus Ventures and PayU, the payments giant it controls, called off the $4.7 billion merger of BillDesk they announced last year citing failure of fulfilment of “certain conditions precedent” in a surprising move weeks after they received approval from the local regulator to go ahead with the deal. (More to follow…) Source link Shiv EswarShiv…
It takes a veritable army to make TechCrunch Disrupt — which takes place October 18–20 in San Francisco — the well-oiled experience that savvy startuppers have come to know and love. And we couldn’t do it nearly as well without our incredible volunteers. If you’re looking for a no-budget way to experience Disrupt up close…
