• Celebrity video platform Memmo raises $10M

    1 month ago - By TechCrunch

    Memmo.me , a startup allowing users to pay celebrities for personalized video messages, is announcing that it has raised $10 million in Series A funding.
    “We're really excited about our mission to break down these barriers connect one-to-one instead of one-to-thousands,” said co-founder and CEO Gustav Lundberg Toresson.
    He added that celebrities are embracing this as a new source of income. It's particularly appealing during the pandemic, but he predicted that celebrities will still be excited about “making this much money from their living rooms” after the pandemic ends.
    The concept...
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  • Stori raises $32.5M in a Lightspeed-led Series B to build Mexico's credit card for the masses

    Stori raises $32.5M in a Lightspeed-led Series B to build Mexico's credit card for the masses

    1 month ago - By TechCrunch

    While credit cards are commonplace in the United States, they are far less ubiquitous in many other countries, particularly those in Latin America. In Mexico in particular, cash remains the dominant method of payment with an estimated 86% of all payments being in the form of cash.
    But card usage is growing as more people are shopping online than ever before. According to one recent study , Mexico topped the list of the world's fastest growing e-commerce markets. Meanwhile, only 37% of Mexicans over 15 years old have a bank account , according to recent World Bank stats.
    All these factors...
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  • Customer data platform Lexer raises $25.5M Series B for global expansion

    Customer data platform Lexer raises $25.5M Series B for global expansion

    1 month ago - By TechCrunch

    Left to right: Lexer founders Dave Whittle, Aaron Wallis, Chris Brewer
    The massive shift to online shopping during the COVID-19 pandemic means retailers need to analyze customer data quickly in order to compete against rivals like Amazon. Lexer , a customer data platform headquartered in Melbourne, Australia, helps brands manage data by organizing it on one platform, making analysis easier for small to medium-sized brands. The company announced today that it has raised $25.5 million in Series B funding for expansion in Australia, the United States and Southeast Asia.
    The round was led by...
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  • Connected pet collar company Fi raises a $30M Series B

    1 month ago - By TechCrunch

    Pet tech company Fi today announced that it has raised a $30 million Series B. The round, led by Chuck Murphy of Longview Asset Management, follows a $7 million Series A raised back in 2019. The round values the startup at north of $200 million.
    The New York-based startup specializes in connected dog collars, releasing its Series 2 device late last year. The second-gen version of the product brings some key hardware improvements to the pet tracking device, including battery optimization that gives up to three months of life on a charge (with an average of around 1.5, according to the...
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