Fundings and exits
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Daily Crunch: Airbnb takes a $1B loan
Airbnb takes on new debt as it adapts to a world without tourism, Apple announces a new entry-level iPhone and Google lowers Nest camera quality.Here’s your Daily Crunch for April 15, 2020.1. Airbnb ups its debt by $1B amid the coronavirus travel crunchAirbnb has secured commitments of $1 billion More
College isn’t free yet, but Savi raises a $6M Series
The student loan crisis has crescendoed to even worse heights. As universities shut down across the country due to the outbreak of COVID-19 and employment opportunities dim with the rapidly decelerating economy, today’s students and postgrads need better tools than ever to navigate their finances.Unfortunately, student loans in the United More
Pangea.app raises $400K pre-seed round to help connect student workers
Pangea.app, a Providence, Rhode Island-based startup has raised a $400,000 pre-seed round, it told TechCrunch this week. The company’s new capital, raised as a post-money SAFE, comes from PJC, a Boston-based venture capital firm and Underdog Labs. Previously, Pangea.app raised money from angel investors.The company links “remote college freelancers,” per More
Listen to our midweek chat with USV’s Albert Wenger
Earlier this week TechCrunch caught up with Union Square Ventures‘ (USV) Albert Wenger. Wenger, a managing partner at the venture firm, is well-known in the New York startup scene. USV has invested in former startups like Twitter, Twilio, Etsy and Cloudflare.TechCrunch is touching base with a number of investors during More
12 major league edtech VCs discuss top trends, opportunities
Ready or not, edtech has been shoved into the spotlight as millions of students shifted to remote learning due to pandemic-related school shutdowns.But backing these companies are investors who have long believed that edtech was always set up for great returns and a big impact. We reached out to several More
Founder worries increase as investors pump the brakes
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.So far, 2020 has proven to be a year of surprises and disappointments. Over the past month, we’ve seen companies like Toast go from raising huge new rounds this year at More