Fundraising

With $175M in new funding, Island is putting the browser at the center of enterprise security

Island, the enterprise browser company, may be the most valuable startup that you have never heard of. The company, which is putting the browser at the center of security, announced a $175 million Series D investment on Tuesday at a whopping $3 billion valuation. Island has now raised a total of $487 million. That’s a

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‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way

Ansa, a startup that helps merchants develop and offer branded virtual wallets, has raised a $14 million Series A round of funding, the company has told TechCrunch exclusively. Renegade Partners led Ansa’s latest financing, which included participation from existing backers Bain Capital Ventures, BoxGroup and Wischoff Ventures and new investor B37 Ventures. With this latest

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Investors won’t give you the real reason they are passing on your startup

“When an investor passes on you, they will not tell you the real reason,” said Tom Blomfield, group partner at Y Combinator. “At seed stage, frankly, no one knows what’s going to fucking happen. The future is so uncertain. All they’re judging is the perceived quality of the founder. When they pass, what they’re thinking

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Good news for Rubrik, bad news for TikTok and medium news for early-stage startups

You don’t have to be venture-backed to be successful Rubrik’s strong IPO pricing and warm reception by the public markets after its listing add more weight to the perspective that the public markets are not as closed to tech startups as some thought. If Rubrik’s result isn’t enough to break the logjam, well, maybe there’s something else

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Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn

Norwest Venture Partners, a 65-year-old firm backed solely by Wells Fargo, has raised its 17th fund at $3 billion. That’s a noteworthy number, given that NVP last raised the same amount in December 2021. That was the peak of the venture boom, and at that time, the firm said it increased its capital pool by

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RevenueCat raises $12M Series C as it expands its subscription management to the web

RevenueCat, a top subscription management platform for apps that monetize via in-app purchases, is now flush with new capital as it expands to the web. The company has closed on a $12 million Series C led by Adjacent, following the launch of a new product, RevenueCat Billing, that allows web app developers to integrate subscription

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Edonia grabs €2M to turn microalgae into less bitter-tasting ground meat alternative

As the world’s population continues to grow, the need to feed everyone is something a number of entities are working on. Paris-based Edonia, is one of the startups working on creating protein ingredients using microalgae. Edonia joins companies like Brevel, AlgaeCore Technologies, Algenuity and NewFish that are tapping into the global market for commercial algae,

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