What does Red Hat’s sale to IBM tell us about Couchbase’s valuation?

Couchbase could double its valuation provided that investors are more interested in its faster-than-Red-Hat growth than they are worried about its history of cash consumption and growing net losses.

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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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Vienna’s GoStudent raises $244M at a $1.7B valuation for its online tutor marketplace

Online teaching came into the spotlight for many students and parents in the last year, and today one of the companies that saw a big lift during that rush of activity is announcing a big round of funding to carry it into what has emerged as a more permanent change of habits for many learners. [&he…

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Sneaker community startup SoleSavy raises $12.5 million Series A to build an end-to-end sneakersphere

Collectibles boomed during the pandemic and while NFT outfits like NBA Top Shot exploded as consumers flirted with newer efforts, the sneaker world grew even more mature with enthusiasts digging deeper into communities dedicated to the hobby/passion/obsession/alternative asset class. Vancouver&#821…

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Ban biometric surveillance in public to safeguard rights, urge EU bodies

There have been further calls from EU institutions to outlaw biometric surveillance in public. In a joint opinion published today, the European Data Protection Board (EDPB) and the European Data Protection Supervisor (EDPS) Wojciech Wiewiórowski have called for draft EU regulations on the use of ar…

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Uber to become the sole owner of grocery delivery startup Cornershop

Uber has reached a deal to become the sole owner of Latin American delivery startup Cornershop, just one year after acquiring a majority stake in the company. The ride-hailing giant said in a regulatory filing Monday that it will purchase the remaining 47% interest in Cornershop in exchange for 29 …

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Hyundai completes deal for controlling interest in Boston Dynamics

Hyundai this morning announced that it has completed its acquisition of Boston Dynamics. The deal, which values the innovative robotics company at $1.1 billion, was announced in late-2020. The companies have not disclosed any future financial details. The South Korean automotive giant now owns a co…

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Transmit Security raises $543M Series A to kill off the password

The Boston-based passwordless security startup said it has a pre-money valuation of $2.2 billion.

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Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips

If you're a founder who's getting ready to knock on doors and ask strangers for money, read this first.

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Dell Technologies, UserTesting, Movile, Pilot and oVice to offer mini master classes at TC Early Stage 2021

Hey, you there — early-stage founders. Yes, you. TC Early Stage 2021: Marketing & Fundraising, our mini master class in entrepreneurship, is right around the proverbial corner. And by mini we mean it’s just two days — July 8-9. There’s nothing mini about the expert advice, information and actio…

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