From Online payment to eCommerce
Profitability expectations ding Lyft despite better-than-expected growth
Hello and welcome back to our regular look at private companies, public markets and the gray space in between. This afternoon we’re digging into Lyft’s earnings results, unpacking the company’s performance, the market’s expectations and why shares in the American ride-hailing giant are off in after-hours trading. Lyft’s earnings — following Uber’s own results that […]
Show off your startup at TC Sessions: Mobility 2020
Remember when “mobility” meant laptops and cell phones? Those were quaint times. Now the category encompasses the future of transportation — everything from flying cars and autonomous vehicles to delivery bots and beyond. There’s no better place to explore this rapidly moving industry than TC Sessions: Mobility 2020, our day-long conference in San Jose on […]
Meet 5 cybersecurity unicorns that could IPO in 2020
There was a lot of moving and shaking in the cybersecurity unicorn world in 2019. It was a year that saw two of the biggest exits in cybersecurity history: CrowdStrike went public valued at $3.35 billion and Cloudflare rocketed 20% in its first day on the stock market. Clearly, the cybersecurity market is booming. Recent […]
N26 exits UK market following Brexit
German fintech startup N26 is shutting down its operations in the U.K. Customers who opened a bank account in the U.K. will have to transfer their deposits, spend everything with their card or withdraw money at an ATM, as all accounts will be automatically closed on April 15, 2020. Many European fintech companies take advantage […]
Alpha Foods raises $28 million for its vegetarian prepared foods
Alpha Foods, the vegetarian prepared food manufacturer, has raised $28 million in financing for its portfolio of vegetarian burritos, tamales, nuggets, pizzas, burgers, patties and sausages. The Glendale, Calif.-based company was launched by Loren Wallis, the founder of the dairy substitute, Good Karma Foods, and Cole Orobetz, a former director with the agricultural debt lending […]
Sixgill raises $15M to expand its dark web intelligence platform
Sixgill, an Israeli cyberthreat intelligence company that specializes in monitoring the deep and dark web, today announced that it has raised a $15 million funding round led by Sonae IM, a fund based in Portugal, and London-based REV Venture Partners. Crowdfunding platform OurCrowd also participated in the round, as did previous investors Elron and Terra […]