March 27, 2020

Crunchbase resources to help your business during COVID-19

The coronavirus has forced businesses around the world to quickly adapt and explore new ways of working. We have compiled some free resources to help your business as we chart a new course forward together.

European VCs see more cuts looming

Among Europe’s startup investors, the prevailing mantra is to rapidly close any pending investment rounds and put new ones on hold. Their main focus for the time being will be managing the cash flow of existing portfolio companies, with an eye to cutting nonessential costs.

China’s big data unicorn MiningLamp secures $300M

MiningLamp Technology, a Beijing-based provider of big data analytics for enterprise customers, has raised $300 million in fresh funding. Leading the financing were Singapore’s state fund, Temasek and Chinese internet giant Tencent.

Irvine, California-based Restaurant365, a provider of software for the restaurant and hospitality industry, confirmed it reduced its workforce this week. Founded in 2011, the company has raised over $127 million to date, including an $88 million Series C round closed last July.

Austin startup layoffs rise

Austin, like many other tech hubs across the world, is seeing a flurry of layoffs in its startup community amid the COVID-19 outbreak. Those cutting jobs include marketing software startup OutboundEngine, hospitality startup The Guild and Yonder, which uses artificial intelligence to help companies identify disinformation campaigns.

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Crunchbase Pro: Searches and Lists

Name Type Entries
Privately held and exited unicorns in the healthcare sector Companies 72
Augmented and Virtual Reality companies funded in the last 3 months Funding Rounds 41
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Recent Investments

ReCode Therapeutics

$80M / Series A

ReCode Therapeutics is a biopharmaceutical company developing precision medicines for pulmonary diseases.

Categories:

Biopharma • Biotechnology • Health Care • Pharmaceutical • Wellness

Founders:

Daniel Siegwart, Michael Torres

Investors:

Colt Ventures (Lead), OrbiMed (Lead), Hunt Technology Ventures + 3 more

Dremio

$70M / Series C

Dremio empowers business users to curate all the data they need, from any data source.

Categories:

Analytics • Big Data • Business Intelligence • Machine Learning • Software

Founders:

Jacques Nadeau, Tomer Shiran

Investors:

Insight Partners (Lead), Cisco Investments, Lightspeed Venture Partners + 2 more

Pyramid Analytics

$25M / Series C

Pyramid Analytics provides insights for every employee across the organization with enterprise-level business analytics software.

Categories:

Analytics • Business Information Systems • Business Intelligence • Enterprise Software • Software

Founders:

Avi Perez, Herbert Ochtman, Omri Kohl

Investors:

Jerusalem Venture Partners (JVP) (Lead), Maor Investments, Sequoia Capital + 1 more

More Fundings

Company Amount / Round Lead Investor
CData Software $20M / Series A Updata Partners
DataGuard $20M / Series A One Peak Partners
Forager $10M / Series A U.S. Venture Partners (USVP)
3CLogic $9.0M / Series B Capitan Investment Partners
Yaguara $7.2M / Seed Round Foundation Capital
Pathlight $7.0M / Series A Kleiner Perkins
Slingshot Aerospace $1.5M / Venture Round -
All Recent Funding Activity

Recent Acquisitions

Letgo

Pending acquisition by OfferUp for Unknown

More Acquisitions

Company Acquired By Amount
Amerilab Technologies DCC $85M
All Recent Acquisition Activity

Upcoming Tech Events

Accelerator Deadlines

Date Accelerator Location
Mar 28, 2020 Blue Startups Honolulu
May 1, 2020 URBAN-X Brooklyn
More Upcoming Deadlines
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