Month: September 2021

London-based Reachdesk, which offers tools for sending and managing B2B gifts, raises $45M Series B led by Highland Europe (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch: London-based Reachdesk, which offers tools for sending and managing B2B gifts, raises $45M Series B led by Highland Europe  —  Gifting has become a major lever in the world of building business relationships in the last 20 months.  With in-person meetings reduced to a trickle …

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Shares of London-listed Alphawave, which develops chips with fast data flows, dropped up to 50% after FT report highlighted close links to key contract partners (Financial Times)

Financial Times: Shares of London-listed Alphawave, which develops chips with fast data flows, dropped up to 50% after FT report highlighted close links to key contract partners  —  Toronto-based chip designer loses more than £1bn of market value  —  Alphawave’s London-listed shares crashed …

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Deliveroo partners with UK supermarket Morrisons to launch rapid delivery service Hop, initially in select London areas, with a goal of 10-15 minute deliveries (Tim Bradshaw/Financial Times)

Tim Bradshaw / Financial Times: Deliveroo partners with UK supermarket Morrisons to launch rapid delivery service Hop, initially in select London areas, with a goal of 10-15 minute deliveries  —  Meal delivery app steps into competition with start-ups Getir, Gorillas and Zapp  —  Deliveroo is taking its first step into …

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Austin-based Found, which offers app-based weight loss services with a telehealth component, emerges from stealth with $24M Series A and $8M seed (Mary Ann Azevedo/TechCrunch)

Mary Ann Azevedo / TechCrunch: Austin-based Found, which offers app-based weight loss services with a telehealth component, emerges from stealth with $24M Series A and $8M seed  —  GV, Atomic back Austin-based startup that aims to provide ‘holistic’ weight care management  —  Found, a startup focused on weight care management …

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B2B commerce and financing startup OfBusiness raises $200M Series F led by Tiger Global at a $3B valuation, after raising $160M at a $1.5B valuation in July (Harsh Upadhyay/Entrackr)

Harsh Upadhyay / Entrackr: B2B commerce and financing startup OfBusiness raises $200M Series F led by Tiger Global at a $3B valuation, after raising $160M at a $1.5B valuation in July  —  Business to business e-commerce platform OfBusiness has raised $200 million in its Series F round led by Tiger Global …

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Massachusetts-based Catalog, which claims to be developing a DNA-based computing platform, raises $35M Series B, bringing total funding to $45M+ (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: Massachusetts-based Catalog, which claims to be developing a DNA-based computing platform, raises $35M Series B, bringing total funding to $45M+  —  The Transform Technology Summits start October 13th with Low-Code/No Code: Enabling Enterprise Agility.  Register now!

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