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Tailscale raises $12 million for its WireGuard-based corporate VPN

Tailscale raises million for its WireGuard-based corporate VPN Tailscale has raised a $12 million funding round. Accel is leading the round with Heavybit and Uncork Capital also participating. The company is building a better corporate VPN by leveraging a modern protocol and focusing on ease of implementation. A VPN, or a virtual private network, is […]

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Hopin raises $125M for its online events platform on the back of surging growth

Hopin raises 5M for its online events platform on the back of surging growth This morning Hopin, a startup that provides online events software, announced that it has closed a $125 million Series B round of capital. The new funds come mere months after Hopin raised a $40 million Series A this summer. According to […]

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Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation

Hong Kong insurtech startup Coherent gets million Series A led by Cathay Innovation Based in Hong Kong, Coherent helps insurance providers go digital. With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. The Series A round, led by Cathay Innovation with participation […]

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The race to be China’s top fintech platform: Ant vs Tencent

The race to be China’s top fintech platform: Ant vs Tencent As Ant Group seizes the world’s attention with its record initial public offering, which was abruptly called off by Beijing, investors and analysts are revisiting Tencent’s fintech interests, recognized as Ant’s archrival in China. It’s somewhat complicated to do this, not least because they […]

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What happens to high-flying startups if the pandemic trade flips?

What happens to high-flying startups if the pandemic trade flips? So much can change in a day. This morning, news that a trial COVID-19 vaccine candidate had an effective rate of more than 90% shook the financial world. The Pfizer vaccine is reportedl;y so effective, the company “will have manufactured enough doses to immunize 15 […]

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Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy

Positive vaccine news punishes pandemic-boosted companies like Zoom, Peloton, Etsy Stock markets worldwide are soaring on news that a vaccine candidate is 90% effective at preventing COVID-19, and could start coming to market in a matter of months. This is upending the stock market, sending futures shares shooting higher in pre-market trading. But while the […]

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Singapore-based sales productivity platform Nektar raises $2.15 million seed round

Singapore-based sales productivity platform Nektar raises .15 million seed round Nektar co-founders Abhijeet Vijayvergiya and Aravind Ravi Sulekha Singapore-based Nektar.ai, a productivity platform for sales teams, has raised $2.15 million in seed funding. Founded earlier this year, Nektar has been working in stealth mode with five companies, and has plans for an early adopter release […]

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Here comes the next IPO wave

Here comes the next IPO wave This is The TechCrunch Exchange, a newsletter that goes out on Saturdays, based on the column of the same name. You can sign up for the email here. Are you tired? I am. What a week. But, if you kept your eyes off American politics and instead focused on the stock […]

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Software companies are reporting a pretty good third quarter

Software companies are reporting a pretty good third quarter What a difference a week makes. This time last week, in the wake of earnings from tech’s five largest American companies and early results from other software companies, it appeared that tech shares were in danger of losing their mojo. The Exchange explores startups, markets and […]

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Challenger bank Starling is out raising a new £200M funding round

Challenger bank Starling is out raising a new £200M funding round Starling founder Anne Boden recently told TechCrunch that the U.K. challenger bank is on track to be profitable by Christmas, but this doesn’t mean it isn’t out raising additional capital already. According to well-placed sources, Starling has hired Rothschild with the aim of raising […]

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