Fundings & Exits
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GE invests $2 million in Alchemist Accelerator to back industrial IoT startups
Alchemist Accelerator has raised $2 million from GE Digital to start a new program for industrial IoT startups. Stanford lecturer Timothy Chou, formerly President of Oracle On Demand, will chair Alchemist’s new IIoT accelerator along with GE Digital’s West Coast group. In the past, enterprise hardware and software startups were seen as capital intensive, with the challenge of… Read More
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Industrious buys PivotDesk, raises $25M to be WeWork without startup bros
In the recruiting wars, a cool office is critical. Not just for scrappy startups, but big businesses with regional HQs, as well. So while WeWork signs questionable 20-year leases to provide desks for twenty-something engineers, Industrious is taking a more classy and conservative approach to coworking space. Read More
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Arable raises $4.25 million to demystify farming with sensors and data
Believe it or not, farmers in the U.S. have faced a labor shortage for years. U.S. citizens aren’t drawn to agriculture the way they were in previous generations. The labor trend has pushed farmers to automate some of the tasks done by agronomists and field workers in the past, using software, robotics and IoT devices like Arable’s. Read More
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Equity Podcast: Apple and Amazon buy more companies, and Uber’s saga
Welcome to the second episode of TechCrunch’s newest podcast, Equity, our venture capital-focused show focused on the numbers, people and companies driving the technology industry. This week, TechCrunch’s Katie Roof, Matthew Lynley, and myself were joined by special guest Elizabeth “Beezer” Clarkson from Sapphire Ventures. We discussed the potential for rising… Read More
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Ripcord gets $9.5 million Series A for its corporate file digitization service
The way Ripcord CEO Alex Fielding discusses chief competitor Iron Mountain, the record keeping company sounds like it runs the warehouse from the last scene of Raiders of the Lost Ark. The startup comes out of stealth this week with the announcement of $9.5 million in funding led by Kleiner Perkins Caufield & Byers for its goal of taking corporate records paperless through its industrial… Read More
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Lystable takes $10M top-up to tackle freelancer payments
Lystable, a startup that makes a workflow management platform aimed at businesses needing to manage lots of freelancers, has topped up its Series A again — this time with an additional $10 million, which founder and CEO Peter Johnston says will be used to fund a change of business model with a payments focus. Read More
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Drivemode raises $6.5M from Panasonic and others for smartphone car tech
If you’re an Android device owner and also a driver, you may be familiar with Drivemode: It’s one of the most popular apps for use in cars on Google Play, with over one million downloads and active users spread across 180 countries. The app is designed to reduce distractions for drivers via an eyes-free interface designed to access smartphone functions entirely via voice. Read More
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Viro wants to make mobile VR development a snap, and raises $2.5M to do it
VR is all over the place, but sometimes it’s not where you most expect it. Plenty of apps out there might could do with a wee bit of VR to help show off an apartment or a bit of 3D content, but those experiences can be pretty labor-intensive. Viro is a new company that hopes to empower mobile developers to add VR to their apps simply and using familiar tools and code bases. Read More
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Vinsight gives grape and almond growers a high-tech crystal ball
Farmers know how hard it is to predict yield accurately. High-value crops like grapes or almonds prove particularly challenging. Farmers expect, and settle for, twenty to forty percent uncertainty with these crops. Vinsight founder and CEO, Megan Nunes, who grew up in the farming business, found that unacceptable. After almost a decade-long career in the satellite industry, she turned her… Read More
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PlateIQ cooks up $4 million for restaurant management platform
As any fan of Kitchen Nightmares may know, the restaurant business is not for the faint of heart, nor is it likely to generate fat margins. Now, a startup called PlateIQ has raised $4 million in new funding to help restaurants automate accounts payable, and nail all their other accounting work so they can focus, finally, on the food and front-of-house. Eileses Capital led the round… Read More
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