TechCrunch

DECEMBER 11, 2023

The app, which reached 1 billion monthly active users in 2021, has now become the first non-game mobile app to generate $10 billion in consumer spending across the Apple App Store and Google Play combined, according to a new analysis by app intelligence provider data.ai. TikTok’s short-form video app is hitting a new milestone.

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TechCrunch

JANUARY 18, 2022

The company was founded in 2015, and it went public in 2021 through a SPAC at a $2 billion valuation. Quantum startups map, as of October 2021. Although many VCs seem to be new to quantum technologies, some investors foresaw this movement several years ago and are now making their first quantum exits. Take IonQ, a U.S.-based

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TechCrunch

JANUARY 19, 2021

So far, 2021’s startup financing and exit market appears to be the mirror of what we saw in late 2020. So we’d best understand the past so we can forecast what we’ll see in Q1 of 2021. To avoid getting too lost in the data, we’ll proceed by stage, pulling out key facts for each step of the startup lifecycle.

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TechCrunch

NOVEMBER 26, 2023

In late 2021, the TikTok parent’s plans for video games came into the spotlight after it became one of the firm’s six core business units, posing a new threat to incumbents such as Tencent and NetEase and rising star MiHoYo. ByteDance’s gaming ambition has been an expensive, short-lived pursuit.

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TechCrunch

OCTOBER 10, 2021

In particular, back in February 2021, the company said it managed to generate 250 million downloads. But Homa Games is increasing its release pace as 20 games will be released by the end of 2021. Other investors in today’s funding round include Singular, King, the founders of FuboTV and Daniel Ek’s family office.

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TechCrunch

DECEMBER 5, 2023

When TuSimple went public in 2021 it was flying high as the leading self-driving trucks developer in the United States. Now — after a string of internal controversies and the loss of a critical partnership with truck manufacturer Navistar — TuSimple is exiting the U.S. altogether.

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TechCrunch

JANUARY 8, 2024

It’s the first indication that ABL has raised venture funding since October 2021, […] © 2023 TechCrunch. ABL Space Systems is looking to raise up to $100 million in new funding, and has just closed over $40 million, according to a new filing with the U.S. Securities and Exchange Commission. The company filed the Form D on December 29.

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TechCrunch

MAY 1, 2021

Marketing in 2021 is emotional and not just transactional (2,200 words/9 minutes). Announcing the Agenda for TC Sessions: Mobility 2021. Announcing the Agenda for TC Sessions: Mobility 2021. How Klaviyo used data and no-code to transform owned marketing (3,000 words/12 minutes). Image Credits: Nigel Sussman. Around TechCrunch.

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TechCrunch

APRIL 25, 2023

Sadly for investors and founders alike, that year — 2021, as I am sure you’ve guessed — turned out to be more of an outlier than an indicator of a new normal. Since 2021, the value of American startups has cratered and how: Total exit value last year was only around 10% of 2021’s total, according to a recent PitchBook report.

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TechCrunch

JANUARY 4, 2024

Logan Paul is offering refunds for CryptoZoo, the failed and allegedly fraudulent Pokémon-inspired NFT game that he launched in 2021. You can’t sue him if you get a refund. In an X (formerly Twitter) post on Thursday, Paul announced that he is “personally committing” more than $2.3

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TechCrunch

MARCH 24, 2023

After 2021, a record-breaking year for IPOs, everything screeched to a halt in 2022. PitchBook counted 296 venture-backed companies that went public in 2021, which doubles — or more — any other year prior. This plummeted to 28 in 2022, the lowest number recorded since 2009, amid the financial crisis.

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TechCrunch

JANUARY 4, 2024

The firm, which is emerging from stealth today, raised $50 million for its first fund in November of 2021. Exponent Founders Capital, an early-stage venture firm founded by alumni of startups such as Plaid, Robinhood and Ramp, has closed on $75 million in capital commitments, TechCrunch is the first to report. All rights reserved.

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TechCrunch

NOVEMBER 16, 2023

BrightDrop, the commercial EV subsidiary of General Motors that launched in 2021, is being swallowed up by its parent company. GM said Thursday that BrightDrop — a “startup” that spun out of the automaker’s Global Innovation organization to become a wholly owned subsidiary — will become part of GM.

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TechCrunch

MAY 26, 2022

More than 60% of adults in sub-Saharan Africa are unbanked, according to World Bank estimates for 2021. A recent report said over 40 African blockchain startups raised a total of $127 million in 2021. African countries have made great strides in promoting financial inclusion over the past decade, but it’s still early days.

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TechCrunch

DECEMBER 19, 2022

trillion won in June 2021, when it raised $410 million in pre-Series G funding at a $7.4 million since its December 2021 launch. billion in 2021, as fintech and e-commerce firms use BNPL as one of their marketing tools. . trillion won ( $7 billion), up from 8.5 billion (8.5 trillion won) valuation. billion by 2028 , up from $5.6

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TechCrunch

JANUARY 3, 2024

The Israeli cybersecurity industry, much like the global one, has been undergoing an evolution that seemed to peak in 2021 with soaring funding rounds, overwhelming valuations, and multiple newly minted unicorns, only to cool down dramatically amidst the market slowdown of 2022 with steep declines and frozen growth rounds.

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TechCrunch

SEPTEMBER 22, 2022

Many of the e-commerce roll-up companies, also known as aggregators, slowed down this year after a record 2021. One of these is OpenStore , a company founded in 2021 as a way for Shopify entrepreneurs looking to move on to sell their businesses in a matter of days with a cash offer and less stressful experience.

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TechCrunch

JANUARY 27, 2023

When payments giant Stripe raised $600 million at a $95 billion valuation in 2021, it made headlines for raising capital at the highest-ever valuation for a privately-held startup. billion it was valued at in June of 2021. In 2021, Stripe reportedly notched gross revenues of $12 billion and was EBITDA profitable, according to Forbes.

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TechCrunch

DECEMBER 13, 2023

In 2021, co-founder and CEO Diana […] © 2023 TechCrunch. Maka, an African fashion and beauty e-commerce platform, has raised a $2.65 million pre-seed round led by Pan-African venture capital firms 4DX Ventures and Janngo Capital. All rights reserved. For personal use only.

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TechCrunch

JANUARY 9, 2024

billion in funding as of 2021. Governance, risk management and compliance — GRC for short — remains one of the most active startup areas in terms of VC investments. According to Tracxn, the private market data tracker, the roughly 1,500 vendors selling GRC software had received $28.7 GRC […] © 2023 TechCrunch.

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TechCrunch

OCTOBER 21, 2022

billion they received in Q3 2021 and a sizable drop from the $594 million the cohort raised in Q2. allocated in the record-breaking year that was 2021. The amount of capital raised by Black entrepreneurs continues to decrease. Black founders raised just 0.12% of the $150.9 billion deployed in Q3.

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Network Report Industry 269

TechCrunch

JANUARY 9, 2024

Good Chemistry, founded by Arman Zaribafiyan in 2021 as a spin-off of quantum computing company 1QBit and backed by investors including Green Sands Equity […] © 2023 TechCrunch. All rights reserved. For personal use only.

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TechCrunch

DECEMBER 19, 2023

million round in 2021. We last wrote about Breakr — a platform that connects record labels, artists and brands with social media influencers to run mass campaigns in a programmatic way — when it closed a $4.2 In the past two years, Breakr has onboarded over 30,000 influencers and managed more than $3.5 All rights reserved.

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TechCrunch

MARCH 17, 2023

The comedown from the venture capital boom of 2021 has shaken up much of the startup world, but the dearth of capital has shown up sharply in one particular niche: fintech. CB Insights data indicates that after reaching a peak in 2021, funding to fintech startups across the world dropped a drastic 46% to $75.2 billion from $139.8

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TechCrunch

JANUARY 26, 2023

Founded in Ireland by brothers John and his brother Patrick Collison (the CEO), Stripe last raised venture capital in March of 2021 — a $600 million round that gave it that lofty $95 billion valuation. Stripe reportedly notched gross revenues of $12 billion and was EBITDA profitable in 2021, according to Forbes.

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TechCrunch

SEPTEMBER 2, 2023

Economic headwinds have scattered many of the gains that fintech companies made during the tech funding boom of 2021. Case in point — global payment platforms Stripe and Checkout.com lowered their internal valuations. Still, it would be unwise to count out the opportunities for fintech growth, especially in the U.S.

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TechCrunch

JULY 18, 2022

Regional discrepancies abound in a changing global market, but today, instead of merely tracking which areas are declining the fastest when compared to 2021, we have some more positive data to chew on. Read it every morning on TechCrunch+ or get The Exchange newsletter every Saturday.

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TechCrunch

MAY 9, 2023

The venture marks a new area of interest for Nazemi, who previously co-founded two companies in the healthcare technology space — Oscar Health (a tech-enabled medical insurance provider backed by Alphabet that went public in March 2021) and Renew Health, a technology-driven health platform focused on retirees.

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TechCrunch

APRIL 29, 2023

billion as of Persona’s Series C in 2021. The company raised a Series B in 2021 after seeing revenues jump 10x while users increased 5x. Rick Song co-founded Persona with Charles Yeh in 2015, and according to PitchBook, the company’s valuation is $1.5

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TechCrunch

DECEMBER 5, 2023

Twilio's stock has fallen from 2021 of $400 a share to somewhere in the $60s today. It's no wonder activist investors are circling. © 2023 TechCrunch. All rights reserved. For personal use only.

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