Copenhagen-based Leapwork lands $62M Series B co-led by KKR and Salesforce Ventures – TechCrunch

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‘Ello and welcome to Daily Crunch for August 26, 2021. Or as someone called it recently, Friday Jr. We have lots and lots of news today, with a slight bias toward big items from Big Tech companies. But first, do note that we’re going to spend a lot of time talking fintech at Disrupt this year, and TechCrunch simply announced that Techstars’ Saba Karim is coming. It’s going to be nice! — Alex

The TechCrunch Top 3

  • Airbnb expands who can help host Afghan refugees: Want to assist with Airbnb’s push to deal with refugees fleeing Afghanistan? The firm introduced right this moment that it’ll permit anybody to assist, not merely present hosts. Hopefully this expands the pool of housing inventory accessible and will get extra of us housed. We’re all human, so let’s assist each other.
  • Apple’s commission rigidity fades further: Apple’s hard-line 30% fee is softening but once more, with the corporate planning to supply decrease take charges for information purchases, no less than for publishers who participate within the Apple News app. So it’s excellent news, with a powerful arm-twist to associate with it. Why is Apple combating so laborious to proceed rent-seeking within the cell economic system? Because it’s profitable as heck, that’s why.
  • Major tech companies pledge huge dollars for cybersecurity: U.S. tech giants Apple, Google and Microsoft are pledging to work on cybersecurity with further fervor, they mentioned in a White House assembly. Microsoft is pledging to spend $20 billion on the trouble, and Google $10 billion. Apple has promised to “establish a new program to drive continuous security improvements throughout the technology supply chain,” TechCrunch writes. All that is excellent news, however we do surprise how a lot of the pledged spending was already penciled into future budgets.


The different day we famous that our personal Brian Heater was launching a e-newsletter. He nonetheless is, and certainly one of its pre-launch entries right this moment sports activities a headline that I can’t enhance upon: “I don’t know what to do with those tossed salads and robot legs.” Heater will get 100 factors for getting that previous the editors. You can join the robotic e-newsletter here.

  • expands transcription capabilities: If you want to file a dialog and transcribe it, Otter is a good software to make use of. I do know that as a result of I’m an Otter buyer — with my very own cash — and depend upon it closely. Its information right this moment is that the service is rolling out its “Otter Assistant feature for Microsoft Teams, Google Meet and Cisco Webex,” after beforehand launching assist for Zoom.
  • Compa raises $3.9M to build better job offer software: Hiring is a ache within the bottom, and in right this moment’s superheated expertise marketplace for quite a few startup-friendly gigs, it’s much more irksome. To fight these details, Compa has constructed software program to assist recruiters of their work by serving to them “manage their compensation strategies to create and communicate offers that are easy to understand and are unbiased.” The startup simply got here out of stealth.
  • Playbook wants to build the Dropbox for designers: Yes, in years previous Dropbox was the Dropbox for designers, however right this moment it’s an enterprise storage and productiveness software. So now there’s Playbook, which needs to imagine Dropbox’s previous mantle. And it simply raised $4 million in a spherical led by Founders Fund.
  • Picsart raises $130M: Today’s SoftBank and/or Tiger spherical is Picsart, for whom the Vision Fund 2 simply led a $130 million transaction. Details have been mild, however the firm is now a unicorn that crested the $100 million income mark. So when you have been curious if mobile-first creator instruments may scale, nicely, they’ll.
  • Atheneum raises $150M for its research and survey product: When I first noticed this information I used to be very excited. Because I dwell close to a personal library known as the Athenæum. However, this isn’t that, and so my native temple to books didn’t simply elevate $150 million. A startup with the title did, nonetheless, and the shopper base for its analysis and survey service is already 500 large corporations deep.
  • Leapwork proves that no-code is still hot by raising $62M Series B: Based in Denmark, and elevating that nation’s largest-ever Series B, Leapwork is making waves with its no-code software that helps with course of automation. I suppose on the union of two scorching tendencies it isn’t a shock that the corporate is doing nicely — course of automation is booming, and everybody is brief on builders.
  • Finally, latest TechCrunch rent Kate Park is out right this moment with a chunk digging into AI voice and synthetic speech startup LOVO, which simply put collectively a $4.5 million spherical. Perhaps it will probably fill in for TechCrunchers on our podcasts when we’ve colds.

You can’t hack your YC software, however right here’s what to keep away from

Forget what you’ve heard: There are many shortcuts to success.

Tapping into another person’s expertise is a tried-and-true methodology, which is why two-time Y Combinator participant Chris Morton wrote a visitor publish for Extra Crunch with recommendation for founders hoping to be accepted by the famed accelerator.

Morton, who has additionally reviewed 1000’s of YC functions, shares his ideas on when to submit an software, what to do when you miss the deadline and whether or not you’ll have to relocate if accepted.

“Remember that your application should be good enough to get an interview, not win a prize,” says Morton. “Go back to work instead of spending more time perfecting an application.”

(Extra Crunch is our membership program, which helps founders and startup groups get forward. You can sign up here.)

Big Tech Inc.

To shut out our information roundup right this moment, a wall of Big Tech information to your diversion:

  • Google kills Streams, its clinician support app: Google is excellent at making issues and even higher at killing them. If Google was a novelist, it will self-kill so many darlings that it will solely produce novellas. Regardless, that Streams is useless just isn’t an enormous shock, however for some doubtless an actual bummer.
  • Want some Netflix games? Move to Poland: Netflix is entering into video games, which isn’t an enormous shock on condition that video games are an even bigger enterprise than motion pictures, to select an instance. But not everybody goes to get their palms on its cell titles directly. Poland is up first. That’s not surprising so far as market choice goes, given the recognition of video video games in Europe and the cheap dimension of the Polish market.
  • Facebook considers launching an election policy decision board group oversight Entmoot coven thing: In extra proof that Facebook could also be barely too massive an organization to suit into the fashionable world as a single entity, and that possibly single-human, full shareholder management ought to go the way in which of monarchy, the social big is “looking to create a standalone advisory committee for election-related policy decisions.” Does that encourage confidence? You inform me.
  • Lordstown gets new CEO: This is a tough, high-profile gig, so it will need to have been one thing of an journey to fill. Still, troubled public EV firm Lordstown has secured new management that TechCrunch studies is “Daniel A. Ninivaggi, a longtime automotive executive and former head of Carl C. Icahn’s holding company.” Let’s see if he can flip the corporate round.
  • Wrapping up, in case you are a paid YouTube subscriber, here’s some good news.

TechCrunch Experts: Growth Marketing

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Image Credits: SEAN GLADWELL (opens in a new window) / Getty Images

TechCrunch needs you to suggest progress entrepreneurs who’ve experience in search engine optimization, social, content material writing and extra! If you’re a progress marketer, move this survey alongside to your purchasers; we’d like to listen to about why they cherished working with you.

If you’re interested by how these surveys are shaping our protection, take a look at this interview Anna Heim performed with Robert Katai: “Romanian marketing expert Robert Katai explains how to get the most out of your content.”

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