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Link-in-bio monetization platform Snipfeed raises a $5 5M seed round – TechCrunch

The link-in-bio business is heating up as more mobile website builders compete for a coveted slice of real estate on a creator’s TikTok, Instagram or Twitter. Linktree leads the space, securing a recent $45 million Series B raise to build out e-commerce features, but Beacons boasts competitive creator monetization tools with just a $6 million […]

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Powerhouse91 seed funding: Powerhouse91 secures seed funding from Crossbeam Venture Partners

Powerhouse91 seed funding: Powerhouse91 secures seed funding from Crossbeam Venture Partners
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Led by ex-Amazonians, Acquco raises $160M to buy and scale e-commerce businesses – TechCrunch

Led by ex-Amazonians, Acquco raises $160M to buy and scale e-commerce businesses There has been a flurry of investments in startups focused on acquiring third-party sellers on Amazon and helping them build their businesses. The latest is Acquco, which aims to stand out from the others in that it was formed by a pair of founders Raunak Nirmal and Wiley Zhang who actually worked at Amazon, and then built multimillion-dollar businesses on its platform. The New York City-based startup has raised $160 million in debt and equity in a Series A round that it says will fund its “aggressive growth plans.” CoVenture, Singh Capital Partners, Crossbeam and other notable investors such as GoDaddy CEO Aman Bhutani put money in the equity portion of the round. Acquco would not disclose the valuation at which the money was raised, nor the exact breakdown of debt and equity, other than to say “a significant portion was equity.” But CEO Raunak Nirmal did share a few other notable things.

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With 1v1Me, anyone can gamble on their ability to crush an opponent in player vs player games – TechCrunch

With 1v1Me, anyone can gamble on their ability to crush an opponent in player vs. player games Anthony Geranio has played video games for the past 13 years. The 26-year-old first-time founder of 1v1Me, a new company that lets anyone gamble on their ability to win in a player versus player game, tried to make it as a professional gamer, but when that didn’t work, he turned to the tech industry. Geranio and his co-founder Alex Emmanuel bounced between companies like TextNow, Skillshare and Grailed to combine both of their passions gaming and entrepreneurship into a new company.

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Crossbeam raises $25M to back startups built on platform economies – TechCrunch

Crossbeam raises $25M to back startups built on ‘platform economies’ While many venture capitalists might hope to fund the next Amazon or Shopify, Crossbeam is a new firm focused on backing the startups built on top of these platforms. And it recently closed its $25 million first fund. We’ve written about well-funded startups like SellerX, Perch and Heroes that acquire and grow Amazon businesses, and Crossbeam General Partner Ali Hamed similarly pointed to Amazon to illustrate the scale of the opportunity. Noting that third-party sales on Amazon reached $200 billion in 2019, Hamed said, “There’s going to be 100 winners in this space.”

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