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Updated 2024-11-24 12:31
GV partner Terri Burns is joining us to judge the Startup Battlefield
One of the best parts of TechCrunch Disrupt is the Startup Battlefield competition, and one of the most important pieces of the Startup Battlefield is our lineup of expert judges — they’re the ones the founders are trying to impress. Once the demos and presentations are done, the judges need to think quickly and ask […]
UiPath’s first IPO pricing could be a warning to late-stage investors
A few months back, robotic process automation (RPA) unicorn UiPath raised a huge $750 million round at a valuation of around $35 billion. The capital came ahead of the company’s expected IPO, so its then-new valuation helped provide a measuring stick for where its eventual flotation could price. UiPath then filed to go public. But […]
Biden’s cybersecurity dream team takes shape
President Biden has named two former National Security Agency veterans to senior government cybersecurity positions, including the first national cyber director. The appointments, announced Monday, land after the discovery of two cyberattacks linked to foreign governments earlier this year — the Russian espionage campaign that planed backdoors in U.S. technology giant SolarWinds’ technology to hack […]
Cybersecurity training startup Hack The Box raises $10.6M Series A led by Paladin Capital
Cybersecurity training startup Hack The Box, which emerged originally from Greece, has raised a Series A investment round of $10.6 million, led by Paladin Capital Group and joined by Osage University Partners, Brighteye Ventures, and existing investors Marathon Venture Capital. It will use the funding to expand. Most recently it launched Hack The Box Academy. […]
When wildfires rage close, Perimeter wants to tell you where to go
Out the window, a fire is raging — and it’s moving ever closer. Confusion. Fear. A run for the car. Roads open and then suddenly closed by authorities. Traffic jams. A fire break that stalls the flames and then suddenly the flames jump, changing direction. Everyone has a plan for what to do — a […]
Intel’s Mobileye teams with Udelv to launch 35,000 driverless delivery vehicles by 2028
Intel subsidiary Mobileye is ratcheting up its autonomous vehicle ambitions and getting into delivery. The company said Monday it struck a deal with Udelv to supply its self-driving system to thousands of purpose-built autonomous delivery vehicles. The companies said they plan to put more than 35,000 autonomous vehicles dubbed Transporters on city streets by 2028. […]
Ride-hailing’s profitability promise is in its final countdown
Last month was Uber's best in history in terms of gross sales on its platform. That's good, but not as good as you might think.
EV automaker Rivian partners with Samsung SDI in battery cell supply deal
Rivian, the Amazon-backed EV manufacturer aiming to bring an electric pickup to market later this year, has partnered with Samsung SDI as its battery cell supplier, the company said Monday. The two companies did not disclose the value of the deal or its term length, but in a statement released Monday Rivian said it had […]
Microsoft goes all in on healthcare with $19.7B Nuance acquisition
When Microsoft announced it was acquiring Nuance Communications this morning for $19.7 billion, you could be excused for doing a Monday morning double take at the hefty price tag. That’s surely a lot of money for a company on a $1.4 billion run rate, but Microsoft, which has already partnered with the speech-to-text market leader […]
Equity Monday: Microsoft buys Nuance, Uber isn’t dead, and Austin has a new unicorn
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Hardware is still hard in the Motor City
“It’s a little bit of a messy story,” Adam Leeb says with a laugh. The story that landed Astrohaus in Detroit on two separate occasions is a bit tangled, certainly. The hardwre startup’s cofounder and CEO isn’t the sort of hometown cheerleader you often encounter when speaking with executives who’ve opted to keep their organizations […]
Dive into Detroit’s growing startup scene with TechCrunch’s Detroit City Spotlight and meetup
Don’t sleep on Detroit. The city that put America in motion is quickly growing into a startup hub with a wide variety of successes. From sneakers to mortgages to houseplants, companies are finding success in Southeast Michigan thanks to welcoming investors, access to amazing engineering talent, and a deep history of creating lasting businesses. Throughout […]
IonQ now supports IBM’s Qiskit quantum development kit
IonQ, the trapped ion quantum computing company that recently went public via a SPAC, today announced that it is integrating its quantum computing platform with the open-source Qiskit software development kit. This means Qiskit users can now bring their programs to IonQ’s platform without any major modifications to their code. At first glance, that seems […]
Microsoft is acquiring Nuance Communications for $19.7B
Microsoft agreed today to acquire Nuance Communications, a leader in speech to text software, for $19.7 billion. Bloomberg broke the story over the weekend that the two companies were in talks. In a post announcing the deal, the company said this was about increasing its presence in the healthcare vertical, a place where Nuance has […]
Clim8 raises $8M from 7pc Ventures, launches climate-focused investing app for retail investors
Ethical investing remains something of a confusing maze, with a great deal of ‘greenwashing’ going on. A new UK startup is hoping to fix that with the launch of its new app and platform for retail investors. Clim8 Investhas raised $8 million from 7pc Ventures (early backers of Oculus, acquired by Facebook), British Business Bank […]
Jack Ma’s Ant called to end anti-competition in payments
The details for Ant’s restructuring plan after its IPO was called off have arrived. Ant Group, the fintech affiliate of Alibaba controlled by Jack Ma, will be restructuring as a financial holding company, China’s central bank said on Monday. Ant, which provides online infrastructure for payments and other financial services, needs to “correct its anti-competitive […]
Memic raises $96M for its robot-assisted surgery platform
Memic, a startup developing a robotic-assisted surgical platform that recently received marketing authorization from the U.S. Food and Drug Administration, today announced that it has closed a $96 million Series D funding round. The round was led by Peregrine Ventures and Ceros, with participation from OurCrowd and Accelmed. The company plans to use the new […]
Apple said to be developing Apple TV/HomePod combo and iPad-like smart speaker display
Apple is reportedly working on a couple of new options for a renewed entry into the smart home, including a mash-up of the Apple TV with a HomePod speaker, and an integrated camera for video chat, according to Bloomberg. It’s also said to be working on a smart speaker that basically combines a HomePod with […]
EcoCart raises $3 million for a Honey-like browser extension to offset shoppers’ carbon emissions
EcoCart, a company pitching consumers on ways to offset their carbon emissions for free at select merchants (with a browser extension!) has raised $3 million in financing from Base10 Partners. Brands pay the company a commission to drive traffic to their websites under a standard affiliate marketing model and EcoCart uses a portion of the […]
Domino’s, Nuro to begin autonomous pizza deliveries in Houston
Starting this week, some Domino’s customers in Houston can have a pizza delivered without ever interacting with a human. The pizza delivery giant said Monday it has partnered with autonomous delivery vehicle startup Nuro to allow select customers to have their pizzas dropped at their door via Nuro’s R2 robot. “There is still so much […]
Austin’s newest unicorn: The Zebra raises $150M after doubling revenue in 2020
The Zebra, an Austin-based company that operates an insurance comparison site, has raised $150 million in a Series D round that propels it into unicorn territory. Both the round size and valuation are a substantial bump from the $38.5 million Series C that Austin-based The Zebra raised in February of 2020. (The company would not […]
The Station: The biggest SPAC ever and reading the micromobility permit tea leaves
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from […]
NGK Spark Plugs launches $100M corporate venture fund, will seek M&A opportunities
NGK Spark Plug, one of the world’s largest manufacturers of automative spark plugs, announced a new $100 million fund to invest in startups and find potential merger and acquisition deals. The fund was launched with Pegasus Tech Ventures, the “venture capital as a service” firm that has also worked with corporations like Sega Sammy Holdings, […]
Cruise strikes deal to launch robotaxi service in Dubai
Cruise has expanded its robotaxi ambitions beyond San Francisco. The autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has struck a deal to launch a robotaxi service in Dubai in 2023. The robotaxi service in Dubai will use the Cruise Origin, the all-electric shuttle-like vehicle that has […]
Nigerian fintech Appzone raises $10M for expansion and proprietary technology
Africa’s fintech space has gained proper attention over the past few years in investments but it is not news that startups still battle with offering high-quality products. However, they seem to be doing quite well compared with traditional banks that face challenges like legacy cost structures and a major lack of operational efficiency. Appzone is […]
The 2022 Mercedes-Benz EQS stakes its claim on a luxury, electric future
A day spent driving a pre-production 2022 Mercedes Benz EQS provided an up-close look at what the German automaker has been doing with the billions of dollars it has dedicated to electrification. The EQS is a meticulously designed flagship sedan that brings together the automaker’s MBUX infotainment system, a new electric platform and advancements in […]
Tiger Global goes super aggressive in India
Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the world’s second largest internet market. Tiger Global has finalized — or is in late stages of concluding — […]
A ‘more honest’ stock market
Hello friends, and welcome back to Week in Review! Last week, I talked about Clubhouse’s slowing user growth. Well, this week news broke that they had been in talks with Twitter for a $4 billion acquisition, so it looks like they’re still pretty desirable. This week, I’m talking about a story I published a couple […]
This startup summer could be blistering
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
Let’s talk about gaslighting and fundraising
“Most of the startups I give advice to about how to raise venture capital shouldn’t be raising venture capital,” an investor recently told me. While the idea that every startup isn’t venture-backable might run counter to the narrative to the barrage of funding news each week, I think it’s important to double click on the […]
How one founder identified a huge healthcare gap and acquired the skills necessary to address it
Our new podcast Found is now available, and the first episode features guest Iman Abuzeid, co-founder and CEO of Incredible Health. Abuzeid’s story of founding and building Incredible Health, a career platform for healthcare professionals focusing specifically on nurses, is all about a focused entrepreneur building a unique skill set, and acquiring the experience necessary […]
This Week in Apps: Facebook’s other Clubhouse rival, Apple details ATT, App Store trial nears
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android […]
China gets serious about antitrust, fines Alibaba $2.75B
Chinese regulators have hit Alibaba with a record fine of 18 billion yuan (about $2.75 billion) for violating anti-monopoly rules as the country seeks to rein in the power of its largest internet conglomerates. In November, China proposed sweeping antitrust regulations targeting its interent economy. In late December, the State Administration for Market Regulation said […]
Wonder Dynamics raises $2.5M seed to equip indie filmmakers with AI-powered VFX
Practically every film production these days needs some kind of visual effects work, but independent creators often lack the cash or expertise to get that top-shelf CG. Wonder Dynamics, founded by VFX engineer Nikola Todorovic and actor Tye Sheridan, aims to use AI to make some of these processes more accessible for filmmakers with budgets […]
Google denies Pixel 5a 5G cancelation, confirming it’s coming this year
Sometimes you’ve just got to confirm an unannounced product to put the rumors to bed, I guess. That was Google’s strategy this afternoon, following earlier rumors from Android Central that a chip shortage had put the kibosh on the mid-budget phone. In a comment to TechCrunch, a Google spokesperson noted, “Pixel 5a 5G is not […]
Scale CEO Alex Wang and Accel’s Dan Levine explain why sometimes unconventional VC deals are best
Few companies have done better than Scale at spotting a need in the AI gold rush early on and filling that gap. The startup rightly identified that one of the tasks most important to building effective AI at scale — the laborious exercise of tagging data sets to make them usable in properly training new […]
Extra Crunch roundup: StockX EC-1, Early Stage recaps, unpacking Alkami’s IPO, more
Over the last few days, we’ve published several articles recapping panels from last week’s TechCrunch Early Stage virtual conference. Each story is based on an interview with a founder or investor who addressed some of the most common startup dilemmas. Predictably, they’re mostly focused on the how and why: How do I get into an […]
Ocean Solutions Accelerator doubles down on blue economy with new track for later-stage companies
The planet-loving folks at the Sustainable Ocean Alliance started an accelerator a couple years back focusing on very early-stage companies, but this year they’re expanding the program to accept those that have already closed their first round. The mix of experimental and (comparatively) proven approaches may help diversify the accelerator’s growing network. “Last year, amidst […]
Daily Crunch: Amazon beats back union push
Efforts to unionize an Amazon warehouse in Alabama appear to have failed, Facebook takes down fake review groups and a monkey plays Pong with its brain. This is your Daily Crunch for April 9, 2021. The big story: Amazon beats back union push Union organizers lost a much-publicized election at Amazon’s Bessemer, Alabama warehouse, with […]
Founder and investor Melissa Bradley outlines how to nail your virtual pitch meeting
Ureeka founder Melissa Bradley explains how to prepare for a virtual pitch, allocate time, how to close meetings with a clear list of action items, and what to avoid.
Job postings hint at winners of NYC and London e-scooter pilots
A batch of job listings along with some Twitter whisperings suggests that scooter companies such as Lime and Superpedestrian are gearing up to operate in London and New York City — two of the last remaining frontiers of shared-scooter services. A review of job listings, company websites and LinkedIn shows that Lime and Dott are […]
No-code publishing platform Shorthand raises $8M
Shorthand, the Australian startup behind a no-code platform that allows publishers and brands to create multimedia stories, has raised $10 million Australian (just under $8 million U.S.) from Fortitude Investment Partners. CEO Ricky Robinson told me via email that this is Shorthand’s first institutional round of funding, and that the company has been profitable for […]
How we dodged risks and raised millions for our open-source machine language startup
Open-source startups hoping to secure funding must be aware of these risks when crafting business models to attract investment.
RWDSU head says rerun election ‘very likely’ following Amazon union vote loss
However the outcome of today’s vote count turned out, there was one thing we knew for certain: it wasn’t going to mark the end of the battle between Amazon and the Retail, Wholesale and Department Store Union. With voting having broken overwhelmingly in Amazon’s favor, the union was quick to challenge the results. The RWDSU […]
APKPure app contained malicious adware, say researchers
Security researchers say APKPure, a widely popular app for installing older or discontinued Android apps from outside of Google’s app store, contained malicious adware that flooded the victim’s device with unwanted ads. Kaspersky Lab said that it alerted APKPure on Thursday that its most recent app version, 3.17.18, contained malicious code that siphoned off data […]
European tech event mainstays Shift and TOA find new homes, new models, post-COVID
Given the pandemic, huge changes are being wrought in tech events, something which used to be the lifeblood of the industry. Many a startup has pitched to win funding, and many a hackathon has formed teams that went on to greater things. It’s a sad fact that this era is over, at least until the […]
Building the right team for a billion-dollar startup
Bain Capital Ventures managing director Sarah Smith talks about how to ensure the critical early hires are the right ones to grow a business.
Joby Aviation’s JoeBen Bevirt and Reid Hoffman to talk about building a startup, the future of flight and SPACs
Joby Aviation founder JoeBen Bevirt has spent more than a decade developing an all-electric, vertical take-off and landing passenger aircraft — an effort that was largely shrouded in secrecy until January 2020 when the company announced a $590 million Series C round of funding that was led by Toyota Motor Corporation (that round later expanded […]
Reap all the benefits of exhibiting in Startup Alley at Disrupt 2021
If we’ve said it once, we’ve said it 1,000 times. Startup Alley is ground zero for entrepreneurial opportunity. It’s where hundreds of savvy, exhibiting startups increase their brand recognition, connect with investors, grow their network, expand their customer base and garner invaluable media coverage. TechCrunch Disrupt 2021 takes place on September 21-23, and we’ve added new […]
Facebook takes down 16,000 groups trading fake reviews after another poke by UK’s CMA
Facebook has removed 16,000 groups that were trading fake reviews on its platform after another intervention by the UK’s Competition and Markets Authority (CMA), the regulator said today. The CMA has been leaning on tech giants to prevent their platforms being used as thriving marketplaces for selling fake reviews since it began investigating the issue […]
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