Category: TechCrunch

Dahmakan, a Malaysian “full-stack” food delivery startup, raises $18 million Series B
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Dahmakan, a Malaysian “full-stack” food delivery startup, raises $18 million Series B

Dahmakan, a full-stack food delivery startup based in Malaysia, announced today that it has closed a $18 million Series B. Investors include Rakuten Capital, White Star Capital, JAFCO Asia and GEC-KIP Fund, along with participation from South Korean food delivery app Woowa Brothers, and returning investors Partech Partners and Y Combinator. This brings Dahmakan’s total…

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South African fintech startup Jumo raises second $50M+ VC round
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South African fintech startup Jumo raises second $50M+ VC round

South African fintech startup Jumo closed a $55 million round from a diverse group of investors, the company confirmed. Founded in 2015 and based in Cape Town, the venture offers a full tech stack for partners to build savings, lending, and insurance products for customers in emerging markets. This week’s funding follows a $52 million…

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Vice President Mike Pence will lead the US response to the COVID-19 outbreak
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Vice President Mike Pence will lead the US response to the COVID-19 outbreak

In an early-evening press conference, President Donald Trump tapped Vice President Mike Pence to lead the U.S. response to the COVID-19 outbreak that has spread through Europe, Asia and Latin America. The new coronavirus strain, which has infected about 81,000 people around the world and killed 3,000, has already wrought havoc on the global economy.…

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Reddit CEO: TikTok is ‘fundamentally parasitic’
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Reddit CEO: TikTok is ‘fundamentally parasitic’

TikTok is one of the hottest social media platforms but the CEO of Reddit had some harsh words for the popular app, calling it “fundamentally parasitic” at an event Wednesday. The comments from Reddit CEO and co-founder Steve Huffman were some of the more controversial offered up during a panel discussion with former public policy…

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Founders Factory backs Creator Fund, student-led VC to back EU student startups
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Founders Factory backs Creator Fund, student-led VC to back EU student startups

It seems like everyone wants student entrepreneurs. Entrepreneur First makes startups out of raw student material, for instance. Most countries want high-skilled students to stick around and make new companies. Only the U.K. likes to charge them a fortune for an education and then kick them out if they don’t earn enough. But I digress!…

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A look at Made Renovation, which just raised $9 million in seed funding to zero in on bathroom remodels
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A look at Made Renovation, which just raised $9 million in seed funding to zero in on bathroom remodels

Made Renovation, a new, San Francisco-based company, thinks it has found a profitable way to help homeowners get done something that busy general contractors in the Bay Area won’t otherwise make time for, which is bathroom remodels. Why they typically pass on these: they have too many entire homes, or, at least, entire floors, to…

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The fundraising landscape is shifting in 2020
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The fundraising landscape is shifting in 2020

Elizabeth Yin Contributor Elizabeth Yin is a founder and general partner of Hustle Fund, a pre-seed venture capital fund that invests in hilariously early software startups across the U.S., Canada and Southeast Asia. When I was a founder many years ago, I felt like I heard constantly conflicting advice and opinions on raising money for…

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