Nowsta takes in fresh capital to show some tech love for hourly workforces

Nowsta attracted venture capital for its approach to help employers better engage with their hourly workforces in this increasingly hybrid work environment. The company announced today $41 million in Series B funding in a round led by GreatPoint Ventures that brings the company’s total funding raised to date to $59 million. Joining GreatPoint in the […]

To reinvent itself in telehealth, Wheel lands $150 million Series C

When Michelle Davey was first building Wheel, a healthcare platform that helps staff clinical workforces, she had to convince investors on two visions: one, that consumers will soon demand high-quality virtual care, and two, that the behavior will change so dramatically that her startup would build vital, underlying infrastructure to scale hybrid medical workforces. “We’re […]

Mantra Health raises $22M to scale its digital mental health clinic for young adults

Mantra Health, a digital mental health startup focused on young adults, has raised $22 million in Series A funding led by VMG Partners. The round includes new investors New Market Venture Partners, Elements Health Ventures, 14W and Alumni Ventures. Returning investors included Canaan Partners, Global Founders Capital, Baleon Capital, Western Tech Investments and City Light […]

Former SpaceX engineers bring autonomous, electric rail vehicle startup out of stealth

Parallel Systems, a company founded by three former SpaceX engineers to build autonomous battery-electric rail vehicles, came out of stealth mode on Wednesday with a $49.55 million Series A raise. The company, which has raised $53.15 million to date, including a $3.6 million seed round, is working to create a more efficient, decarbonized freight network […]

Ancient8 secures $4M in seed to democratize social and financial access in the metaverse

Ancient8, Vietnam’s blockchain gaming guild, develops a community and software platform to enable everyone to play P2E (play-to-earn) games and build the metaverse while earning rewards. “We lend our P2E game assets to the scholars, or guild players, so they can play P2E games and enable them to earn rewards. Vietnam has a monthly average […]

Senegalese logistics and delivery company PAPS raises $4.5M led by 4DX Ventures and Orange

Multinationals like Amazon and Alibaba have leveraged logistics infrastructure such as UPS and FedEx to create large businesses. It’s not the same in Africa, where few third-party infrastructure players exist to provide end-to-end logistics to e-commerce companies. PAPS, a Senegal-based logistics and delivery company, is filling this gap in its region by offering customers various logistics […]

QED Investors hires Gbenga Ajayi as partner to focus on investments in Africa

In a move rarely made by Western venture capitalists, QED Investors announced today that it has hired an African partner, Gbenga Ajayi. He will focus on Africa investments as part of QED’s international team. Last September, the fintech-focused venture capital firm announced closing $1.05 billion for its oversubscribed seventh fund. TechCrunch reported that Fund VII, […]

Philippines ‘buy now pay later’ startup BillEase scores $11M Series B

Buy now pay later (BNPL) startups are proliferating around the world and the Philippines is no exception. Today, one of the country’s biggest BNPL providers, BillEase, announced it has raised an $11 million Series B. The round was led by BurdaPrincipal Investments, growth capital arm of Hubert Burda Media. Other participants included Centauri, a joint […]

Better.com CEO Vishal Garg returns to work amid controversy regarding his leadership

After a month-long “break,” Better.com CEO Vishal Garg is back at the helm of the mortgage tech company he co-founded in 2016, according to an internal memo that circulated today that has been shared with TechCrunch. In the memo, the Better board of directors said it was “moving forward with strong, dynamic CEO leadership.” The […]