After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. […]
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Back to news homeIndian logistics giant Delhivery raises $277 million ahead of IPO
Delhivery, India’s largest independent e-commerce logistics startup, has raised $277 million in what is expected to be the final funding round before the firm files for an IPO later this […]
Brazilian proptech startup QuintoAndar lands $300M at a $4B valuation
Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in […]
Mortgage is suddenly sexy as SoftBank pumps $500M in Better.com at $6B valuation
Digital mortgage lender Better.com has raised a $500 million round from Japanese investment conglomerate SoftBank that values the company at $6 billion. The financing is notable for a few reasons. […]
Coupang follows Roblox to a strong first day of trading
Another day brings another pubic debut of a multibillion dollar company that performed well out of the gate. This time it’s Coupang, whose shares are currently up just over 46% […]
Compass files S-1, reveals $3.7B in revenue on net loss of $270M
Compass, the real-estate brokerage startup backed by roughly $1.6 billion in venture funding, filed its S-1 Monday. The move comes just under one year after the New York-based company laid […]
Investors’ SPAC push could revamp the private market money game
Is this venture capital’s natural evolution? Alex Wilhelm 10 hours Since last year, we’ve been tracking the growing list of capitalists who got into the SPAC game. You can read […]
Does SoftBank have 20 more DoorDashes?
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. This […]
SoftBank and the late-stage venture capital J-curve
How many high-performance startups remain to be found in the Vision Fund? Danny Crichton 8 hours SoftBank had some good data to report overnight with its third-quarter earnings, which covers […]
SoftBank files for a double scoop of SPAC
The SPAC mania continues unabated, with new SPACs being filed with the SEC on an almost hourly basis at times. SoftBank, the Japanese telecom conglomerate which has also been running […]