Tech

South Korean travel tech startup Yanolja has acquired a 70% stake in a listed South Korean e-commerce pioneer, Interpark, for about $250 million.  The company plans to use the acquisition to make further inroads into the overseas tourism industry. Interpark offers online travel booking services and international shipping to more …

MagicCube, a mobile security startup, has raised $15 million in a round led by Mosaik Partners. Bold Capital, Epic Ventures, card-reader/POS hardware maker ID Tech and unnamed individual investors in the fintech space also participated in the financing, which brings the Santa Clara-based startup’s total funding raised to $30 million …

AI shopping assistant and shopping network Karma announced that it has raised $25 million in Series A funding led by Target Global followed by MoreTech Ventures, with participation from existing investors including NFX and Altair Capital. Karma allows users to plan their next online purchases, get notified about real-time price …

Tala, an emerging markets digital lender that offers loans between $10 to $500 to consumers and small business owners, has raised $145 million in Series E funding. Upstart, a company founded by ex-Googlers Dave Girouard, Anna Counselman and Paul Gu, led the round. The Stellar Development Foundation’s Enterprise Fund participated, alongside …

YouTube is the third-most-used website within schools, according to Matthew Gross, CEO and co-founder of Newsela. “That is incredible, considering how difficult it is to find videos, how unfiltered it is and how inaccessible it is for many students who have different learning abilities and learning levels,” said Gross. “Video …

One in 20 people suffer from irritable bowel syndrome, a common disorder related to how your bowels work, that can cause a number of symptoms, including abdominal pain and difficulty using the bathroom. A go-to remedy for gut sensitivity is to avoid certain foods, but many of the associated diets …

Jonas van de Poel Contributor Share on Twitter Jonas van de Poel is head of content marketing at Unmuted, an Amsterdam-based growth marketing agency. For many startups and SMBs, successfully setting up account-based marketing strategies can feel like a pipe dream. Startups still struggling to find product-market fit wouldn’t dream …

Billy Libby Contributor Share on Twitter Billy Libby is the CEO and co-founder of Upper90, a hybrid firm that manages more than $600m and $1.5B in total originations that provides founder-friendly credit and equity to top distributors in e-commerce and fintech. More capital is flooding into growth equity at earlier …

Hello and welcome back to Equity, TechCrunch’s venture capital focused podcast where we unpack the numbers behind the headlines. This is our Wednesday show, the time of the week when we niche down to a single topic. Today? Fashion. Natasha and Danny and Alex got together to dig into the world of fashion resale …

Nexla, a company that participated in the TechCrunch Disrupt Battlefield in New York City in 2017, has been building its data operations startup the old-fashioned way. After launching in beta and securing a $3.5 million seed at Battlefield, it has proceeded to build a cash flow positive business. Today with …

Update: The round in question was $135 million, not $100 million as originally noted. I apologize for the mistake! What do you call AI these days? ML in a suit. ML, or machine learning, is a big market today. That is thanks to modern corporations accreting data like hoarders and …

It’s no longer Hot Summer anything, sadly, as the seasons change. But perhaps we’re in for Warm IPO Autumn. Rent the Runway, NerdWallet and other companies are setting us up for a busy second half of October. But this week will see the debut of a company worth a multiple …