Crunch Hype

I believe generational startups will be created from 2020's reckoning with cybersecurity, just as they’ve been created coming out of market disruptions in the past.

For founder Najette Fellache, coming to the Bay Area a few years ago from Nantes, France was a way to grow a company she’d founded and which was already beginning to count major U.S. corporations like GE, Tesla, Amazon, and Medtronics as customers. What that six-year-old outfit, Speach, sells is essentially knowledge-sharing between colleagues via […]

It’s not uncommon these days to hear of U.S.-based investors backing Latin American startups. But it’s not every day that we hear of Latin American VCs investing in U.S.-based startups. Berkeley-based fintech Flourish has raised $1.5 million in a funding round led by Brazilian venture capital firm Canary. Founded by Pedro Moura and Jessica Eting, the […]

Maintaining company culture when the majority of staff is working remotely is a challenge for every organization — big and small. This was an issue, even before COVID. But it’s become an even bigger problem with so many employees working from home. Employers have to be careful that workers don’t feel disconnected and isolated from […]

With most of us locked into a square video box on platforms like Zoom, the desire to break away and perhaps wander around a virtual space is strong. These new ways of presenting people — as small circles of videos placed in a virtual space where they can move around — has appeared in various […]

Coursera, an online education platform that has seen its business grow amid the coronavirus pandemic, is planning to file paperwork tomorrow for its initial public offering, sources familiar with the matter say. The company has been talking to underwriters since last year, but tomorrow could mark its first legal step in the process to IPO. […]

When I first wrote about Whatnot in February of last year, they were just getting started. Aiming to be the GOAT of collectible toys, they were focusing first on being the go-to trusted spot for buying and selling authenticated Funko Pop figurines. A few months later, as they expanded into categories like pins and Pokémon […]

A lot of our communication these days with each other is digital, and today one of the companies enabling that — with APIs to build chat experiences into apps — is announcing a round of funding on the back of some very strong growth. Stream, which lets developers build chat and activity streams into apps […]

TechCrunch Early Stage is coming around the corner fast, April 1 & 2nd. And you still have a chance to pitch your startup on the famous TC stage to an amazing line up of judges. On April 2nd, TechCrunch will feature ten top startups across the globe at the Early Stage Pitch Off. Companies will […]

Hepster, an insurtech platform from Germany, has raised $10 million in a Series A funding led by Element Ventures. Also participating was Seventure Partners, MBMV, and GPS Ventures, as well as previous investors. The funds will be used to broaden the Hepster insurance ecosystem and scale up its network, with an emphasis on automation. The […]

Google today announced that its Chrome browser is moving to a faster release cycle by shipping a new milestone every four weeks instead of the current six-week cycle (with a bi-weekly security patch). That’s one way to hasten the singularity, I guess, but it’s worth noting that Mozilla also moved to a four-week cycle for […]

Without the understanding of engagement metrics, brands often end up partnering with creators at a life stage that could be incompatible with their goals.

Earlier this year, TikTok was spotted testing a new Q&A feature that would allow creators to more directly respond to their audience’s questions using either text or video. Today, the company has announced the feature is now available to all users globally. With the release of TikTok Q&A, as the feature is officially called, creators […]

A year ago, Microsoft announced that its Edge browser would get vertical tabs and here we are: Microsoft today announced that vertical tabs in Edge are now generally available. In addition, the Edge team also announced a few under-the-hood changes that will allow the browser to startup significantly faster (up to 41% faster according to […]

Healthcare is one of the most complex industries out there, creating frustration on the consumer side but also the opportunity for huge improvements from, in a way, rather simple methods. Halo Diagnostics (or Dx for short) has raised a $19M series A to improve diagnosis of several serious illnesses by crossing the streams from multiple […]

If you’re a startup that’s worried about building your team today for tomorrow’s successes you’re not going to want to miss our session with Bain Capital Ventures’ Sarah Smith at TechCrunch Early Stage on April 1 & 2. The current Bain Capital Ventures partner who invests in early to mid-stage companies saw what it was […]

Apple has clarified that the iOS 14.5 beta is not actually allowing users to select a new default music service, as has been reported. Following the beta’s release back in February, a number of beta testers noticed that Siri would now ask what music service they would like to use when they asked Siri to […]

Fintech startup ClearGlass Analytics has closed a £2.6 million ($3.6M) funding round for its platform, which aims to create greater transparency on fees in the long-term savings market, such as pensions and the wider asset management market. The £2.6m seed round includes European VC Lakestar and Outward VC, the venture arm of Investec, as well […]

Colombian startup Elenas says it’s helping tens of thousands of women make money by selling products online. And today, it announced that it has raised $6 million in Series A funding. That’s on top of the $2 million seed round that Elenas announced last fall. Founder and CEO Zach Oschin said that demand continues to […]

Porsche is taking its electrification ambitions to two wheels. The German automaker unveiled two electric bikes Thursday, alongside the global debut of the Porsche Taycan Cross Turismo, the latest variant to its EV flagship. Both electric bikes are said to be inspired by the Taycan, Porsche’s first electric vehicle that kicked off its broader EV […]

On the 25th of January, Techstars Seattle announced its 12th class featuring 10 startups from different parts of the world. The accelerator, which has accepted only a handful of African startups, included one from Zimbabwe in this class. AfriBlocks is a global pan-African marketplace of vetted African freelance professionals. The startup was founded by Tongayi Choto […]

Cryptocurrency exchange company Bitfinex is launching Bitfinex Pay, a cryptocurrency payment gateway. With this new product, online merchants can accept payments in various cryptocurrencies. It should make cross-border transactions easier in particular. While there are a few crypto payment gateways already, Bitfinex Pay has the advantage of working seamlessly with the company’s exchange. Merchants can […]

General Motors is exploring building a second U.S. battery cell manufacturing plant with its joint-venture partner Seoul, South Korea-based LG Chem. If the plant moves forward, it would be the latest in a series of investments aimed at building out the auto giant’s portfolio of electric vehicles. The company’s joint venture with LG, Ultium Cells […]

Global air transport data giant SITA has confirmed a data breach involving passenger data. The company said in a brief statement on Thursday that it had been the “victim of a cyberattack,” and that certain passenger data stored on its U.S. servers had been breached. The cyberattack was confirmed on February 24, after which the […]

Aero, a startup backed by Garrett Camp’s startup studio Expa, has raised $20 million in Series A funding — right as CEO Uma Subramanian said demand for air travel is returning “with a vengeance.” I last wrote about Aero in 2019, when it announced Subramanian’s appointment as CEO, along with the fact that it had […]

What investors will be willing to pay for ThredUp is going to be very interesting. A bit like Oscar Health, it's a hard company to price.

People are not only shopping digitally more than ever. They’re also shopping using their mobile phones more than ever. And for mobile-first companies like Snapcommerce, this is good news. Snapcommerce, formerly known as SnapTravel, has raised $85 million in what the company is describing as a “Pre-IPO” growth round to help further its mission of […]

Remote working — hiring people further afield and letting people work outside of a central physical office — is looking like it will be here to stay, and today one of the startups building tools for that environment is announcing a big fundraise in response to the opportunity. Papaya Global, an Israeli startup that provides […]

I’m excited for any opportunity to talk about soft robotics. There’s something other-worldly about the world of inflatable robotic bladders. Human beings are wont to develop robotics in their own image. The world of soft robots are something akin to what the technology would be like if it was developed by a sea creature. Certainly […]

Fresh off the termination of its planned merger with Visa, Plaid announced Thursday a new income verification product, which it said is aimed at “improving the lending lifecycle” with payroll data. Dubbed simply Income, the new product — which is currently in beta — is designed to make it easier for people to verify their […]

This morning Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal, worth some $297 million, will Tidal allow artist-partners to keep their ownership in the music company. Square CEO Jack Dorsey used his other company, Twitter, this morning […]

SpaceX has launched another batch of its Starlink satellites – the usual complement of 60 of the low Earth orbit spacecraft, which will join the more than 1,000 already making up the existing constellation. This is the fifth launch of Starlink satellites for SpaceX this year, and the 20th overall. Earlier this year, SpaceX opened up […]

This morning Hopin, a virtual events platform and video-focused software service, announced that it has closed a $400 million Series C. The new capital values Hopin at $5.65 billion. Both numbers match prior TechCrunch reporting that the company was targeting a $400 million raise at a valuation of between $5 billion and $6 billion. Andreessen […]

There has been a rapid proliferation of roll-up companies armed with wallets full of money to consolidate promising smaller merchants that sell on Amazon and other marketplaces, the idea being to create economies of scale to help them sell more effectively and grow. Today, a company that is somewhat doing the opposite — building tools […]

Wipro said on Thursday it has reached an agreement to buy 22-year-old British tech consultancy firm Capco for $1.45 billion as the major Indian software exporter looks to win customers in Europe and Asia. The Indian firm, which identifies U.S. as its biggest market, said the two companies share “complimentary business models” and expects the […]

Apple is facing another antitrust investigation in Europe into how it operates the iOS App Store. The UK’s Competition and Markets Authority (CMA) announced today that it’s opened an investigation following a number of complaints from developers alleging unfair terms and as a result of its own work in the digital sector. “The CMA’s investigation […]

China’s relaxation of its one-child restriction has not delivered the population targets set by its policy planners. In 2019, the birth rate in China slumped to a seven-decade low, which experts attribute to changes in social attitudes, skyrocketing living costs as well as a demanding work culture. One way to fix China’s demographic crisis is […]

Food delivery start-up Deliveroo has today confirmed its £8bn ($11bn) stock market floatation in London, something which was on the cards previously. The eight-year-old company will use the “dual-class” innovation which has been introduced to the London Stock Exchange by the UK government in a bid to keep UK companies from being lured over to […]

Bolt, an Uber competitor that is building an international on-demand network of services to transport people, food and other items in cars, scooters and bikes across Europe and Africa, has picked up some strategic funding today to continue expanding its business in emerging markets. The International Finance Corporation, a division of the World Bank, is […]

Countingup, the U.K. fintech offering a business current account with built-in accounting features, has closed £9.1 million in Series A investment. Leading the round is Framework Venture Partners, with participation from Gresham House Ventures, Sage and existing investors. It’s noteworthy that Countingup has previously taken investment from ING, and the addition of Sage as a […]

WhatsApp is rolling out support for voice and video calling to its desktop app, the Facebook-owned messaging service said Thursday, providing relief to countless people sitting in front of computers who have had to reach for their phone every time their WhatsApp rang. For now, WhatsApp said its nearly five-year-old desktop app for Mac and Windows […]

Payfazz and Xfers, two startups that want to increase financial inclusion in Southeast Asia, announced today they have joined forces to create a new holding entity called Fazz Financial Group. As part of the deal, Payfazz, an agent-based financial services network in Indonesia, invested $30 million into payments infrastructure provider Xfers. Based in Singapore, Xfers […]

A security flaw in a website run by the government of West Bengal in India exposed the lab results of at least hundreds of thousands of residents, though likely millions, who took a COVID-19 test. The website is part of the West Bengal government’s mass coronavirus testing program. Once a COVID-19 test result is ready, […]

Of all the gin joints etc. etc. Clubhouse continues to confound those who don’t believe in the restorative powers of the Next Big Thing. It doesn’t make sense, they say, that an audio service based on live podcasts will change the course of human history, And they are right. Social computing is in the doghouse […]

Bond, the growth-stage firm that spun out of the Kleiner Perkins Digital Growth Fund in late 2018, is closing a second fund with $2 billion, suggests a new SEC filing that says the amount has not yet been raised, though investment firms sometimes file their paperwork at the final stages of their fundraising and even […]

Fintech startup Revolut has its own banking license in the European Union since late 2018. It lets the company offer some additional financial services without partnering with third-party companies. And the company is going to let customers switch to Revolut Bank in 10 additional countries. The Bank of Lithuania has granted a specialized license — […]

SpaceX has launched SN10 — the tenth iteration of its current prototype series of Starship, the heavy-lift reusable spacecraft it’s developing. Starship SN10 took off from Boca Chica, Texas, where SpaceX is developing the vehicle. It flew to a height of roughly 10 km, or 32,000 feet, before performing a maneuver to re-orient itself for […]

The Aston Martin DBX is the brand’s first SUV — and the stakes for the iconic British luxury car maker couldn’t be higher. Like Astons before it, the DBX is objectively handsome. Its sculptural form stretches out to unapologetic ample proportions, and stands out in the crowd of SUVs that frequent the private-school pickup lane. […]

Google says it’s focusing on privacy-friendly approaches to ad targeting, Okta acquires Auth0 and a flying taxi startup raises $241 million. This is your Daily Crunch for March 3, 2021. The big story: Google swears off ad-tracking While Google had already announced it would be phasing out support for third-party cookies in Chrome, it went […]

Activist investors will only sit still for so long, and when they take action, it usually involves one of two approaches: Replace the leadership team or induce a sale.