PlanetScale raises $30M Series B for its database service

PlanetScale, the company behind the open-source Vitess database clustering system for MySQL that was first developed at YouTube, today announced that it has raised a $30 million Series B funding round led by Insight Partners, with participation from a16z and SignalFire. With this, the company has n…

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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TikTok’s Chinese nemesis Kuaishou hits 1 billion monthly users worldwide

It’s a big day for Kuaishou, TikTok’s largest rival in China. The Chinese short-video company, known overseas for one of its video apps Kwai, announced it has sailed past the one billion monthly active user (MAU) mark. How big is that? Facebook’s MAUs stood at 2.85 billion as of M…

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Apple to drive China revenues with search ad launch

After launching five years ago in the United States, Apple’s search advertising service finally arrived in mainland China this week. The feature, called Apple Search Ads, lets developers bid on an advertising slot based on users’ keyword search in the App Store, similar to how Google se…

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5 companies doing growth marketing right

Forward-thinking entrepreneurs and growth marketers simply must make time to study their competition, learn best practices and apply them to their own business growth.

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The early-stage venture capital market is weird and chaotic

With as much seed capital as there is in the market today, we talked to investors about startups raising later Series As than before, while Series B rounds can happen incredibly rapidly.

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Firm creates open framework to help VCs and founders address racial inequity

In 2017, Paul Hawken published a book (Drawdown) compiling a set of concrete actions people could take to combat climate change. Inspired by this, Seth Bannon, founding partner at Fifty Years, a firm that provides seed funding for companies aiming to make the world a better place, decided to do som…

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G2 raises $157M for its software review service

This morning G2, a company that provides an online software review and information database, announced that it has raised a $157 million Series D. Per a release the company shared with TechCrunch in advance of its news, G2 is now worth more than $1 billion, making it a unicorn in modern parlance. P…

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Vantage raises $4M to help businesses understand their AWS costs

Vantage, a service that helps businesses analyze and reduce their AWS costs, today announced that it has raised a $4 million seed round led by Andreessen Horowitz. A number of angel investors, including Brianne Kimmel, Julia Lipton, Stephanie Friedman, Calvin French Owen, Ben and Moisey Uretsky, Mi…

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How many lives does Bitcoin have?

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive Danny, Alex, and a bunch of the TechCrunch crew took on the recent happenings in the world of Bitcoin. In a break from our regular format, we r…

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