SendOwl, a platform used to sell and deliver digital products, has raised $4.5 million in seed funding from Defy.vc, with participation from Stripe and other investors. SendOwl enables creators and businesses to sell digital goods such as ebooks, podcasts, online courses, memberships, coaching services, live remote events and more. Users are able to do so…
Felix Capital, the London VC firm that has built a portfolio emphasizing investments in startups in the ecosystem that supports the creative class, is bringing on two more partners, Julien Codorniou and Susan Lin, as it continues to expand into a wider range of categories. Codorniou had been a longtime executive at Meta (formerly Facebook),…
A virtual bank is soon coming to Indonesia. WeLab, a Hong Kong-based fintech unicorn, announced Tuesday its acquisition of Bank Jasa Jakarta (BJJ), an Indonesian commercial bank. With the deal, WeLab is planning to launch a digital bank to capture the country’s enormous unbanked population in the second half of next year. A consortium led…
Microsoft has seized control of a number of websites that were being used by a Chinese-government backed hacking group to target organizations in 29 countries, including the U.S. Microsoft’s Digital Crimes Unit (DCI) said on Monday that a federal court in Virginia had granted an order allowing the company to take control of the websites…
Berlin-based smartphone-as-a-service provider, Everphone, has topped up with $65 million in a Series C equity raise in addition to taking $135M in debt financing — for a total raise of $200M. The latest tranche of funding is led by German private equity investor, Cadence Growth Capital (CGC), which is now Everphone’s biggest shareholder. Deutsche Telekom,…
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot, a Nigeria- and U.S.-based company that connects consumer goods brands to thousands of retailers and help out with distribution, has raised $110 million in new equity and debt…
Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch. The San Francisco-headquartered startup has raised $50 million in its Series D financing round,…
Sense, an HR tech startup that helps some of the world’s largest staffing and recruitment agencies timely find and hire talent, has grown its valuation to $500 million in a new financing round, a person familiar with the matter told TechCrunch. The San Francisco-headquartered startup has raised $50 million in its Series D financing round,…
The killer app of any tech is to make your life easier and more comfortable; the GPS in your car helps you find the best route to a restaurant when traffic is backed up, if you have cruise control, you can set a speed on the highway to ensure that you don’t get a ticket.…
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. While we have certainly talked through what Jack Dorsey’s resignation means for Twitter (and now how it impacts Block), I’m still thinking about a few lines from his resignation tweet. “There’s a…
