SoftBank’s massive Vision Fund raises $93 billion in its first close

 SoftBank’s huge $100 billion investment fund — the largest tech fund in history — announced its first close today… and it’s huge. The Japanese telecom giant revealed that its VisionFund has closed an initial commitment of $93 billion from a bevy of high profile backers. They include Apple, Qualcomm, UAE-based Mubadala Investment Company, Saudi Arabia’s… Read More

Equity podcast: Instagram copies Snap again and Greycroft’s Ellie Wheeler on self-driving cars

 Hello and welcome back to another episode of Equity, TechCrunch’s weekly podcast focusing on all things venture and capital. This week we pulled off our very first live episode, taping the session during the last day of TechCrunch Disrupt NY 2017. For our inaugural public show, Ellie Wheeler of Greycroft joined our merry band of nerds: Katie Roof, Matthew Lynley, and Alex Wilhelm. In… Read More

For investors seeking a purpose-built CRM toolkit, Affinity raised $13.5 million to get you covered

For the venture capitalists, hedge funders, investment bankers and private equity folks trawling the skyways looking for deals, there’s nothing more important than a strong network. But for most firms keeping track of meetings, managing follow-ups, and plotting a next move is still a pretty low-tech process (ironic considering all the CRM tools these guys have built for others). Well,… Read More

Hong Kong’s Qupital raises $2M led by Alibaba to finance invoice loans for SMES

 Qupital, a one-year-old Hong Kong-based startup that addresses cash flow issues for SMEs, has closed a $2 million seed funding round. The is certainly a notable size for an early stage investment in Hong Kong’s nascent but growing startup scene. The financing was led by Hong Kong-London firm MindWorks Ventures and the $130 million Alibaba Entrepreneurs Fund which launched in 2015.… Read More

Cadre and Point are betting that the best way to win in real estate is to disrupt the market

 On the stage of TechCrunch Disrupt, the founders of two of the hottest startups in real estate, Cadre and Point articulated the inefficiencies of today’s real estate markets and expressed optimism in their ability to use innovative markets to benefit investors and homeowners respectively. Cadre is an exclusive startup that connects real estate investors to… Read More

Apple is shoring up Siri for its next generation of intelligent devices

 Siri is a critical component of Apple’s vision for the future, so integral that it was willing to spend $200 million to acquire Lattice Data over the weekend. The startup was working to transform the way businesses deal with paragraphs of text and other information that lives outside neatly structured databases. These engineers are uniquely prepared to assist Apple with building… Read More

CreditHero wants to help fix credit scores for those afraid to even look

 With apps and services for investing and checking credit scores, it might seem like financial services are finally getting more mainstream. But people still need to have decent credit to get to the point where they’ll use those services. That’s why Nicole Sanchez and her co-founders started CreditHero, a service to help people understand their credit score — and how to… Read More

Our favorite startups from 500 Startups’ 20th class

 41 startups graced the stage at 500 Startups’ 20th demo day at the Parc55 hotel in downtown San Francisco. The event came complete with mascots, a summer of love theme and a diverse array of early-stage companies.
This time around, 500 focused in heavily on health startups. A number of the founders demoing presented businesses in the interest of the public good &#8212… Read More