TaskRabbit Raises $13M Series C Financing

[Techtaffy Newsdesk]

TaskRabbit, an online marketplace for tasks and errand services, has received $13 million in Series C financing, led by Founders Fund. Existing investors, including Shasta Ventures, Lightspeed Venture Partners, Baseline Ventures, Shervin Pishevar, and 500 Startups, also invested in the round.  The new funds will be used to aggressively expand the company’s talent, including the product, engineering, and executive teams.

Founders Fund’s Bruce Gibney will join TaskRabbit’s board of directors, as will former eBay vice president and current Trunk Club chief operating officer, Rob Chesney.

TaskRabbit was founded around four years ago. Earlier this year, it acquired SkillSlate, an auction-based website for local services.

Just in

Tembo raises $14M

Cincinnati, Ohio-based Tembo, a Postgres managed service provider, has raised $14 million in a Series A funding round.

Raspberry Pi is now a public company — TC

Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate, writes Romain Dillet. 

AlphaSense raises $650M

AlphaSense, a market intelligence and search platform, has raised $650 million in funding, co-led by Viking Global Investors and BDT & MSD Partners.

Elon Musk’s xAI raises $6B to take on OpenAI — VentureBeat

Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital, Andreessen Horowitz (A16z), Sequoia Capital, Fidelity Management & Research Company, Prince Alwaleed Bin Talal and Kingdom Holding, writes Shubham Sharma. 

Capgemini partners with DARPA to explore quantum computing for carbon capture

Capgemini Government Solutions has launched a new initiative with the Defense Advanced Research Projects Agency (DARPA) to investigate quantum computing's potential in carbon capture.