E-commerce startup citiesocial raises $2.75M led by Alibaba’s fund for Taiwanese entrepreneurs

 Citiesocial, a Taipei-based startup that helps emerging brands break into Asia’s e-commerce market, has raised $2.75 million led by Alibaba Taiwan Entrepreneurs Fund, a non-profit backed by Alibaba Group to support local startups. CDIB Capital and returning investor Cherubic Ventures also participated. The capital will be used to expand citiesocial into China, South Korea and Japan this… Read More

Equity podcast: Spotify’s impending debut, Uber’s done deal, and Nasdaq 7,000

 Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.
This episode, the first of 2018, saw our own Katie Roof and your humble servant (Alex) joined by Atish Davda, CEO and founder of EquityZen. Matthew Lynley is off this week.
(Davda’s firm put together a landing page for Equity, which we thought was… Read More

MoneyLion raises $42M to grow its personal finance platform for the middle class

 MoneyLion, the part lending, part savings and part wealth management app targeted at the financial middle class has raised $42M in Series B funding.This brings total equity funding to $67M since being founded in 2013.
The startup provides an all-in-one platform for anything finance related. A user connects their bank accounts and credit cards and then gets personalized advice based on their… Read More

Microsoft acquires Avere Systems to further hybrid computing mission

 In a world shifting to the cloud, Microsoft has carved out a place trying to help companies caught between two worlds — on-prem legacy solutions and the public and private cloud. To help further that hybrid mission, the company announced it was acquiring Avere Systems today for an undisclosed amount. Microsoft describes Avere as “a leading provider of high-performance NFS and… Read More

Lab-made meat startup SuperMeat raises $3M seed to develop ‘clean’ chicken

 SuperMeat, an Israeli biotech and food-tech startup that is developing lab-made chicken meat, has raised $3 million in seed funding, as it becomes the latest of a crop of so-called ‘clean meat’ companies to get off the ground. Others in the space include Bill Gates, Atomico and DFJ-backed Memphis Meats, and Hampton Creek, which is also exploring lab-grown meat. Read More