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UK neobank Monzo hits $5.9B valuation with secondary market sale (Fr, 11 Okt 2024)
Monzo is now valued at $5.9 billion after the U.K.-based challenger bank confirmed a secondary market share sale to provide liquidity for its employees. The transaction, first rumored yesterday, saw existing investors such as Singapore’s sovereign wealth fund (GIC) and StepStone Group procuring additional shares in the London-based fintech. A secondary market sale essentially rewards […] © 2024 TechCrunch. All rights reserved. For personal use only.
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SpaceX alums are working to raise a hefty $550M first deep tech fund (Thu, 10 Oct 2024)
Interlagos, the venture capital firm started by former senior SpaceX leaders, is looking to raise $550 million for its first venture fund, according to regulatory filings and a confidential deck sent to prospective LPs and viewed by TechCrunch.  The existence of the firm was first reported by TechCrunch in April, but almost nothing has been […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Numeric grabs $28M Series A to automate accounting using AI (Thu, 10 Oct 2024)
Just five months after it raised a $10 million seed round, Numeric has raised a $28 million Series A led by Menlo Ventures. © 2024 TechCrunch. All rights reserved. For personal use only.
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Swsh’s new photo-sharing app lets Gen Zers filter out red Solo cups and alcoholic drinks  (Thu, 10 Oct 2024)
When Swsh launched last year, the social app was initially designed as a poll game (similar to the Most Likely To game), where users can answer five daily questions with their friends. However, the company has completely switched gears, joining a very crowded market — photo album-sharing platforms. These types of apps have existed for […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Students and recent grads! Last call for a Student Pass discount at TechCrunch Disrupt 2024 (Thu, 10 Oct 2024)
TechCrunch Disrupt 2024 is only two weeks away, and we want to ensure that students and recent grads don’t miss out on the full Attendee Pass experience — now available at a discounted rate with a Student Pass. We get that finances can be tight for students and recent grads, but we don’t want you […] © 2024 TechCrunch. All rights reserved. For personal use only.
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