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Nexite raises $67M for its new approach to tagging and tracking merchandise in physical stores

TechCrunch

Nexite , which has developed a radio-powered tagging system and corresponding data platform to read and parse information related to those tagged items, has raised $67 million in a Series C round of funding, and $100 million overall, money that it plans to use both for R&D as well as to roll out services to its first customers.

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TechCrunch+ roundup: YC Demo Day faves, thrift shop VCs, cybersecurity product challenges

TechCrunch

” VCs to recommerce startups: Let’s pop some tags Funds offering ‘friends and family’ checks could bring the change underrepresented founders need Image Credits: Overearth / Getty Images America’s long-standing wealth gap between white and Black households contributes to the lack of diversity among startup founders.

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If you can’t answer these 3 questions, you’re not ready to sell your business

Entrepreneurs' Organization

Is the company financially healthy enough to yield a suitable valuation? If you’ve decided that you need US$20 million to retire, but your current cash flow doesn’t warrant that price tag, it could make sense to wait until business picks up before pursuing a deal. Here are three questions to ask before selling your business.

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Future tech exits have a lot to live up to

TechCrunch

Inflation may or may not prove transitory when it comes to consumer prices, but startup valuations are definitely rising — and noticeably so — in recent quarters. That’s the obvious takeaway from a recent PitchBook report digging into valuation data from a host of startup funding events in the United States.

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Playbook, where ‘Pinterest meets Dropbox’ for designers, closes on $18M in funding

TechCrunch

Ko declined to reveal at which valuation this round was raised but did say it was a “preemptive” financing. That has led us to focus on features both significant and subtle around search, tagging and organization to create a delightful experience that creatives want to use.”.

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Lightning strikes again as Electric hits unicorn status

TechCrunch

This raise, which comes just five months after the raise of a $90 million Series D, was at a slightly higher price than the last one and brings the valuation to $1 billion post-money. Because Electric was willing to share hard revenue numbers and targets, the company has provided is a clear window into the current state of unicorn valuations.

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Gorgias’ valuation rises to $710M with $30M Series C for e-commerce customer support

TechCrunch

Gorgias , developing customer service tools for e-commerce companies, raised $30 million in new Series C capital in a round that boosted its valuation to $710 million. In late 2020, the company had raised $25 million in Series B funding on a $305 million valuation. The environment we’re working in has changed quite a bit,” he added.

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