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In its 3,000-square-foot warehouse in San Francisco’s Mission District, Farmstead founders Pradeep Elankumaran and Kevin Li, a pair of former Yahoo product managers, plot the future of grocery shopping. “Think of us as if Whole Foods was rebuilt from scratch by tech founders,” Elankumaran, Farmstead’s chief executive officer, told TechCrunch. “Of course we do delivery because it’s 2018
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Flipdish, the online ordering and loyalty platform for takeaways and restaurants, has closed a €4.8 million in Series A funding. The round is led by Rocket Internet’s Global Founders Capital, with participation by existing investor Elkstone. Founded in 2015, Flipdish enables restaurants to directly accept online orders and manage their online presence and operations in
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M17, the Taiwanese streaming company that controversially priced on the NYSE but didn’t list, has returned to the private markets after it raised a $25 million funding round. The round was led by Terry Tsang — CEO of Hong Kong-based games company Madhead — with participation from Pavilion Capital, Stonebridge Ventures and existing investors. This new investment follows a $35
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LeanIX, the Software-as-a-Service for ‘Enterprise Architecture Management’, has closed $30 million in Series C funding. The round is led by Insight Venture Partners, with participation from previous investors Deutsche Telekom Capital Partners (DTCP), Capnamic Ventures, and Iris Capital. It brings LeanIX’s total funding to nearly $40 million since the German company was founded in 2012.
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AsiaYo, a travel accommodation booking platform based in Taipei, Taiwan, has raised a $7 million Series B led by Alibaba Taiwan Entrepreneurs Fund, a nonprofit initiative run by the Chinese e-commerce giant, and China Development Financial. Darwin Ventures and Delta Ventures also participated in the round, which brings AsiaYo’s total raised since its launch in
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Startup Battlefield Africa in Lagos, Nigeria, is coming up fast. As usual, we have a great lineup of panels that will include investors and founders discussing issues such as blockchain, raising venture capital on the continent and beyond and more. And of course companies will compete in Startup Battlefield, our premier startup competition. Startup Battlefield consists of
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The humble business card is a target for disruption in Southeast Asia after Japanese contacts management startup Sansan raised JPY 3 billion ($26.5 million) to expand its business into the region. Founded way back in 2007, Sansan helps bring business intelligence to companies through a system that helps build connections between users and both internal employees
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Scott McCorkle has spent most of his professional career thinking about business to business software and how to improve it for a company’s customers. The former president of ExactTarget and later chief executive of Salesforce Marketing Cloud has made billions of dollars building products to help support customer service, and now he’s back at it
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Video won’t start rolling on Meg Whitman and Jeffrey Katzenberg’s new bite-sized streaming service with the billion-dollar backing until the end of 2019, but talent keeps signing up to come along for their ride into the future of serialization. The latest marquee director to sign on the dotted line with Quibi is Catherine Hardwicke, who
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Workato, a startup that offers an integration and automation platform for businesses that competes with the likes of MuleSoft, SnapLogic and Microsoft’s Logic Apps, today announced that it has raised a $25 million Series B funding round from Battery Ventures, Storm Ventures, ServiceNow and Workday Ventures. Combined with its previous rounds, the company has now received investments
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Content recommendation company Revcontent has a new chief executive: Omar Nicola, formerly the co-founder of mobile advertising company Kixer. Revcontent’s founder and outgoing CEO John Lemp will remain involved as chairman of the board of directors. “Omar is the perfect choice to take over as CEO of Revcontent, because of his wealth of experience and
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Mobile intelligence and data firm App Annie is today releasing its 2019 predictions for the worldwide app economy, including its forecast around consumer spending, gaming, the subscription market and other highlights. Most notably, it expects the worldwide gross consumer spend in apps — meaning before the app stores take their own cut — to surpass
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“The Google of Russia” is a fairly apt description, as far as those things go. Yandex has its hand in just about everything internet in its native Russia. Recent additions include a Prime-style service, a smart speaker and, yes, self-driving cars. So it was really only a matter of time before the company unleashed a
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Camunda, a Berlin-based company that builds open-source workflow automation software, announced a €25 million (approximately $28 million) investment from Highland Europe today. This is the company’s first investment in its 10-year history. CEO and co-founder Jakob Freund says the company has been profitable since Day One, but decided to bring in outside capital now to
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