DeepSource announce $2.6M seed round to automate static code analysis – TechCrunch

[ad_1] DeepSource, a member of the Winter 2020 Y Combinator cohort, announced a $2.6 million seed investment today. The company is building a solution to help developers automate static code analysis to find certain errors before going through human code review. 645 Ventures led the round with help from Y Combinator, FundersClub, Pioneer Fund, Liquid…

No-code industrial robotics programming startup Wandelbots raises $30 million – TechCrunch

[ad_1] Dresden, Germany-based Wandelbots – a startup dedicated to making it easier for non-programmers to ‘teach’ industrial robots how to do specific tasks – has raised a $30 million Series B funding round led by 83North, an with participation from Next47 and Microsoft’s M12 venture funding arm. Wandelbots will use the funding to help it…

Tonik raises $21 million to launch digital bank in the Philippines – TechCrunch

[ad_1] A wave of digital banks, or neo-banks, has flourished in recent years in Western nations as people begin to flee megabanks. While most of these startups are yet to prove they can turn a profit, entrepreneurs are beginning to replicate similar ideas in South Asian markets, where most people don’t have accounts with traditional…

Sinch to buy India’s ACL Mobile for $70 million – TechCrunch

[ad_1] Sinch said on Monday it has agreed to buy Indian firm ACL Mobile for £56 million (roughly $70 million) in what is the third acquisition deal the Swedish mobile voice and messaging firm has entered into at the height of a global pandemic. The Swedish firm said acquiring ACL Mobile will enable it to…

India’s Reliance Jio Platforms to sell $250 million stake to L Catterton – TechCrunch

[ad_1] Speaking of Reliance Jio Platforms, the top Indian telecom operator said on Saturday it has secured another investment. L Catterton, a U.S. private equity firm will invest $250 million for a 0.39% stake in Jio Platforms, becoming the ninth investor to back the Indian firm at the height of a global pandemic. L Catterton,…

India’s Reliance Jio Platforms to sell $600 million stake to TPG – TechCrunch

[ad_1] American private equity firm TPG said on Saturday it will invest $600 million in Jio Platforms, joining a roster of high-profile investors including Facebook and Silver Lake that have backed India’s top telecom operator at the height of a global pandemic. TPG said it is acquiring a 0.93% stake in Jio Platforms, giving the…

‘The money is still there,’ says APX managing director Jörg Rheinboldt – TechCrunch

[ad_1] APX is an early-stage accelerator in Berlin, but it’s not quite your average accelerator — it’s essentially a joint venture between giant European publishing house Axel Springer and Porsche, the German automaker. Earlier this month, we sat down with APX managing director Jörg Rheinboldt to discuss what makes APX different and how it’s weathering…

This startup just raised $12 million from top VCs to offer financial planning as an employee perk – TechCrunch

[ad_1] Companies increasingly recognize that one of the greatest stresses for their employees is financial wellness. Even at innovative tech startups, people typically bump up against the limits of how much they know about wealth management pretty fast. But providing financial education to a workforce, which has become increasingly common, is largely useless as most…

Instacart raises $225 million at $13.7 billion valuation – TechCrunch

[ad_1] Facing unprecedented growth, Instacart has secured new funding to keep up with demand. The San Francisco company announced today that it has raised $225 million in a round led by DST Global and General Catalyst. Existing investor D1 Capital Partners participated in the round, which brings Instacart’s valuation to $13.7 billion. Instacart will use…

API platform Postman delivers $150M Series C on $2B valuation – TechCrunch

[ad_1] APIs provide a way to build connections to a set of disparate applications and data sources, and can help simplify a lot of the complex integration issues companies face. Postman has built an enterprise API platform and today it got rewarded with a $150 million Series C investment on a whopping $2 billion valuation…