Startups
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Monzo’s latest round included £11M in secondary as founding employees partly cash in
Earlier this month, U.K.-based challenger bank Monzo announced that it had raised a further £71 million in a round led by Goodwater Capital, giving the startup a post-money valuation of £280 million. However, what wasn’t reported at the time was that the round included £11 million in secondary investment, meaning that only £60 million entered the company’s balance sheet and… Read More
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Media startup Cheddar launches its TV channel in Europe with Molotov
Business news network Cheddar has been partnering with social media platforms and OTT services in the U.S. And Cheddar is now looking at international markets. The media company is partnering with French startup Molotov so that French viewers can watch Cheddar from all their devices. Cheddar first launched 18 months ago. Unlike many new media companies, the startup has been focusing on live… Read More
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Fintech startup Glint de-cloaks to offer a multi-currency account and card that supports spending gold
London-based Glint has been pretty stealthy about what it planned to offer, despite several funding rounds and a vague description that it wanted to a create new “global currency” based on gold. Well, today the fintech startup is finally de-cloaking with a staggered launch of its multi-currency account, app and card that does indeed let you store your money in gold and convert it… Read More
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Pact Coffee founder steps down from CEO role as London startup looks to B2B for growth
Pact Coffee, the U.K. subscription service that delivers freshly roasted “specialty coffee” to your door, has seen a change of leadership as the company plans to focus more on the B2B side of its business. After 5 years running Pact, TechCrunch understands that founder Stephen Rapoport has stepped down from his role as CEO and instead will act as Chairman going forward.… Read More
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Ello Again…
The social networking platform splashed onto the tech scene promoting itself as an ad-free rival to Facebook. Soon millions of people (including yours truly) signed on just to see what all the fuss was about. The platform quickly ballooned to nearly 3 million community members in a short few months. The problem was no one knew what the hell this thing was. The logo was just a black dot with a… Read More
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Zego picks up £6M Series A led by Balderton for its gig economy worker insurance
Zego, the London-based startup that appears to have spotted a gaping insurance hole in the so-called gig economy, has raised £6 million in Series A funding. The round was led by Balderton Capital, with participation from existing backers, including LocalGlobe and unnamed angel investors in the insurance sector. The company plans to use the new capital to increase engineering and other… Read More
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Tap tap tap
We are now walking through a media desert. While access to content is astronomically high, the content that we read is dead, lifeless, and derivative. Yes, I see the irony in posting my criticism of the state of online media on, well, online media, but I want to explore how we got here and what we can do about it. We begin in about 1983. The education necessary to interact with media of that… Read More
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GoCater spins out from La Belle Assiette to build a corporate catering marketplace
GoCater is a marketplace with hundreds of catering companies accessible from a single platform. It makes it much easier to organize events in your company. As for caterers, it’s a great way to find clients and optimize your workflows. The startup first started as a spinoff from La Belle Assiette. I’ve covered La Belle Assiette multiple times over the years. and the company is… Read More
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Artland is a social art market that connects galleries and buyers
Danish startup Artland is building a social marketplace for the art world and its key players: Galleries and professional collectors, while also hoping an app-based approach helps onboard a new generation of art buyers. Media startup Axios raises another $20 million
There’s a glimpse of hope in new media as Axios just raised $20 million less than a year after its launch, the Wall Street Journal reported. The company already had a pretty big list of investors, and most of the startup’s existing investors are putting more money into Axios. Existing investors Greycroft Partners and Lerer Hippeau Ventures are co-leading today’s founding… Read More
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