Fundraising

Deel acquires Hofy to build its own IT device management service

Fundraising /

Fast-growing payroll provider Deel is making a sizable acquisition, its third this year. Deel announced on Thursday that it acquired Hofy, a London-based company that delivers and helps manage office equipment for remote hires. Financial terms weren’t disclosed, but a source familiar with the matter told TechCrunch that the deal was worth over $100 million. […]

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Matera raises $100M from Warburg Pincus to help the US catch up to Brazil in instant payments

Fundraising /

To say that Pix, the instant payment system created by the Central Bank of Brazil, has been a resounding success is an understatement. With Pix, money moves directly between core banking systems of different financial institutions. Adoption has been widespread and ubiquitous. The country’s residents have the ability to even pay street vendors using the

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Wittaya Aqua’s data-driven AI helps seafood farmers increase aquaculture production

Fundraising /

More than 3 billion people around the globe rely on wild-caught and farmed seafood products for their protein intake. The world’s aquaculture production has hit a new record, and 89% of all aquatic animal production is being used for direct human consumption, according to a report published just last week. This shows a continuous increase

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Campus wants to crack the code to get community college to work for everyone

Fundraising /

Community colleges aren’t immune from the current reckoning higher education is facing. Student enrollment is declining while institutions keep raising tuition prices which can prevent students from finishing their programs. Clearly, it’s time for the industry to try something new. Tade Oyerinde thinks startups can help. Oyerinde is the founder and CEO at Campus, a

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Astor’s ‘community’ approach to financial advice aims to help women feel more confident about investing

Fundraising /

Among her friends, Lindsay Dorf is the one with the superpower of being able to understand retail investing. So much so that she became the go-to person for advice. “I had a lot of friends come to me asking for investing advice,” Dorf told TechCrunch. “There were two things I really saw: One, the people

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Female-founded startups have raised $15.5 billion so far this year but that’s not really good news

Fundraising /

Funding to women-founded companies overall (including mixed-gender teams) has declined in the first half of 2024 compared to the first half of 2023, picking up $15.5 billion out of $93 billion – 17% – compared to the $24.8 billion out of $87.7 billion – 28% – in the first half of 2023, according to Pitchbook

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Toddle wants to ‘change how we build software’ with a collaborative visual web app builder

Fundraising /

The technology world has long promised to democratize software development through “visual” tools that help non-coders build digital products. In years gone by, this might’ve been something like Microsoft’s Visual Basic for Applications (VBA) or Dreamweaver, and in recent times we’ve seen a slew of no-code and low-code startups raise bucket loads of cash to

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Adaptive builds automation tools to speed up construction payments

Fundraising /

The construction industry has a slow payments problem. Studies have found that it takes anywhere from two to three months on average for construction companies to get paid, due to factors such as delays, multiple payment layers and cost overruns. The cost of sluggish construction contract payments climbed to $273 billion in 2023, representing 14%

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A VC told Keely Cat-Wells to get a male, non-disabled co-founder — she balked, nabbed a $2M seed round

Fundraising /

Talent acquisition platform Making Space, founded in 2023 by noted disability activist Keely Cat-Wells, announced today that it has closed on an oversubscribed $2 million pre-seed round led by Beta Boom.  The startup seeks to help companies from all sectors hire, train and retain disabled talent. Prospective employees can sign up for free to look

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Shark Tank-backed Kudos raises another $3M for healthier, cotton-based disposable diapers

Fundraising /

Much has changed since Amrita Saigal last spoke to TechCrunch about her disposable diaper company Kudos.  At that time, the company, which launched in 2021, announced a $2.4 million seed raise and spoke about being the first disposable baby diaper company to use 100% cotton rather than the usual plastic. Since then, the company became

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