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  • Luxury fashion marketplace Farfetch opens trading on NYSE at $27, a pop of 35 percent

    It’s been a strong year for tech IPOs so far, and it looks like today’s debut of Farfetch — a UK-based shopping site for luxury fashion — is on trend, so to speak. The company opened trading today — on NYSE under the ticker FTCH — at $27, making for a decent pop of 35 […]

    September 21st, 2018 10:31 AM

    On-demand trucking app Convoy raises $185M at $1B valuation

    CapitalG, the growth equity arm of Alphabet, has led the $185 million round in Convoy, its first investment in the Seattle-based tech-enabled trucking network. The round brings Convoy’s total raised to $265 million and values the company at $1 billion. New investors T. Rowe Price and Lone Pine Capital participated in the financing alongside existing […]

    September 21st, 2018 10:03 AM

    Trump’s new cyber strategy eases rules on use of government cyberweapons

    The Trump administration’s new cyber strategy out this week isn’t much more than a stringing together of previously considered ideas. In the 40-page document, the government set out its plans to improve cybersecurity, incentivizing change, and reforming computer hacking laws. Election security about a quarter of a page, second only to “space cybersecurity.” The difference […]

    September 21st, 2018 09:00 AM

    Eventbrite goes public, and everyone else is raising hella money

    Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This week we worked with an (excellent) skeleton crew. Our own Connie Loizos held down the fort with a guest that knew quite a lot: March Capital’s Jamie Montgomery. There was a healthy blizzard of news to get through, […]

    September 21st, 2018 08:10 AM

    uBiome is jumping into therapeutics with a healthy $83 million in Series C financing

    23andMe, IBM and now uBiome is the next tech company to jump into the lucrative multi-billion dollar drug discovery market. The company started out with a consumer gut health test to check whether your intestines carry the right kind of bacteria for healthy digestion but has since expanded to include over 250,000 samples for everything […]

    September 21st, 2018 06:00 AM

    Eight Roads Ventures targets Southeast Asia deals

    Eight Roads Ventures, the investment arm of financial giant Fidelity International, is moving into Southeast Asia where it sees the potential to plug the later stage investment gap. The firm has funds across the world including the U.S, China and Europe, and it has invested nearly $6 billion in deals over the past decade. The firm […]

    September 21st, 2018 03:24 AM

    Amazon makes offline retail push in India

    Amazon unleashed a flurry of new products this week at a U.S. press event, but halfway across the world, it is getting deeper into physical retail in the Indian market. The U.S. e-commerce giant is buying up 49 percent of More in a deal that sees Amazon partner and PE firm Samara Capital pick up the […]

    September 21st, 2018 01:24 AM

    AdGuard resets all user passwords after account hacks

    Popular ad-blocker AdGuard has forcibly reset all of its users’ passwords after it detected hackers trying to break into accounts. The company said it “detected continuous attempts to login to AdGuard accounts from suspicious IP addresses which belong to various servers across the globe,” in what appeared to be a credential stuffing attack. That’s when […]

    September 20th, 2018 08:09 PM
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