Startups Weekly: VCs are drunk on beverage startups

In this week’s newsletter: Y Combinator has a new president, DoorDash raises $600M and startups go on acquisition sprees.

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Reserve your demo table for TC Sessions: Mobility 2019

Early-stage startup ingenuity is one of the driving forces shaping the rapid, radical changes taking place in mobility and transportation. Come July 10, TechCrunch will host more than 1,000 movers, shakers and makers in San Jose for TC Sessions: Mobility 2019 for a day-long exploration of the technologies and challenges upending both industries. Talk about […]

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Biofourmis raises $35M to develop smarter treatments for chronic diseases

Biofourmis, a Singapore-based startup pioneering a distinctly tech-based approach to the treatment of chronic conditions, has raised a $35 million Series B round for expansion. The round was led by Sequoia India and MassMutual Ventures, the VC fund from Massachusetts Mutual Life Insurance Company. Other investors who put in include EDBI, the corporate investment arm […]

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India’s Locus raises $22 million to expand its logistics management business

Locus, an Indian startup that uses AI to help businesses map out their logistics, has raised $22 million in Series B funding to expand its operations in international markets. The financing round for the four-year-old startup was led by Falcon Edge Capital and Tiger Global Management . Existing investors Exfinity Venture Partners and Blume Ventures […]

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Kargo is disrupting logistics in Myanmar, one of the world’s most challenging countries

Founders in Seattle recently bemoaned a lack of capital and support when compared to Silicon Valley — what about those building startups in more remote markets? Kargo, a company that takes the spirit of Uber and brings it to the disorganized world of trucking, has raised a SG$800,000 (US$580,000) round of funding, giving TechCrunch an […]

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Startups Weekly: Will the Seattle tech scene ever reach its full potential?

In this week’s newsletter: WeWork files confidentially for IPO, Lyft loses scooter head and Magic Leap raises MORE money.

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Coinbase loses its first CTO after just one year in the job

Coinbase, the $8 billion-valued crypto exchange, has lost its CTO after Balaji Srinivasan announced his departure from the company. Srinivasan became the U.S. company’s first CTO one year ago after it acquired Earn.com, where he was CEO and co-founder. Given the tenure — one year and one day — it looks like Srinivasan’s departure comes […]

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