Daily Crunch: Amazon announces new warehouse safety steps

Amazon says it will start taking additional steps to ensure the safety of its warehouse workers, SoftBank backs out of its latest WeWork investment and Zoom tries to fix its security issues. Here’s your Daily Crunch for April 2, 2020. 1. Amazon begins runnin…

New Media Ventures creates rapid-response fund for political startups in the COVID-19 era

The decade-old New Media Ventures investment fund, which backs startup businesses and non-profits developing technologies to improve access to government, said it is raising a “Crisis Innovation Fund” aiming to provide matching grants for startups advancing d…

India’s Swiggy raises $43M to expand to new businesses

Indian food delivery startup Swiggy said on Monday it had secured an additional $43 million as it looks to expand to new businesses. Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets provided the capital, which is part o…

Yaguara nabs $7.2M seed to help e-commerce companies understand customers better

Yaguara, a Denver-based startup that wants to help e-commerce companies understand their customers better to deliver more meaningful experiences, announced a $7.2 million seed investment today. The round was led by Foundation Capital with participation from …

COVID-hit UK startups cry out for help, as UK gov trails Europe in its response

The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and private VC funds. Investors have been warning that typicall…

Anodot grabs $35M Series C to help monitor business operations

Anodot, a startup that helps customers monitor business operations against a set of KPIs, announced a $35 million Series C investment today. Intel Capital led this round with a lot of help. New investors SoftBank Ventures Asia, Samsung NEXT and La Maison als…

Coronavirus poses ‘concrete risks’ to women’s football investment, warns world players’ union

The 2019 Women’s World Cup reached a global audience of 1.12bn view Women’s football faces “concrete risks” and could be hit much harder by coronavirus than the men’s game, world players’ union Fifpro has warned. Jonas Baer-Hoffmann, Fifpro’s general secret…

6 investment trends that could emerge from the COVID-19 pandemic

While some U.S. investors might have taken comfort from Chinas rebound, we still find ourselves in the early innings of this period of uncertainty. Some epidemiologists have estimated that COVID-19 cases will peak in April, but PitchBook reports that dealmak…

Flagship Pioneering raises $1.1 billion to spend on sustainability and health-focused biotech

Flagship Pioneering, the Boston-based biotech company incubator and holding company, said it has raised $1.1 billion for its Flagship Labs unit. Flagship, which raised $1 billion back in 2019 for growth stage investment vehicles, develops and operates startu…

Wefunder launches campaign to help coronavirus-impacted small businesses crowdfund loans

With the COVID-19 crisis, startups across Silicon Valley are looking for opportunities where they can both increase the visibility of their services and be helpful to people and businesses deeply affected by the pandemic. Wefunder, an investment crowdfunding…