Crunch Hype

What is working in the office going to look like in a post-COVID-19 world? That’s something one startup hopes to help companies figure out. Saltmine, which has developed a web-based workplace design platform, has raised $20 million in a Series A funding round. Existing backers Jungle Ventures and Xplorer Capital led the financing, which also […]

Whether you’re working on something new according to your Twitter bio, or self-employed, according to your LinkedIn bio, founder Ben Huffman thinks his platform, Contra, will be the best way for independent workers to explain and monetize what they are working on. Contra is a platform that wants professionals to create profiles that show project-based […]

The clear takeaway from the first Oscar Health IPO pricing interval is that public investors have lost their minds. Go public now.

This morning the tech-heavy Nasdaq Composite index is off 2.34% after falling yesterday. Shares of Tesla are off more than 6% today, now mired in a bear-market correction after reaching new all-time highs earlier this year. Apple stock is worth $122.02 per share, down from over its recent highs of more than $145. After a […]

Twitter is running a new test that will ask users to pause and think before they tweet. According to the company’s announcement, when Twitter detects what appears to be a potentially harmful or offensive reply to someone else’s tweet, it will prompt you to consider revising your text instead of tweeting. Users whose tweets are […]

Relevant. Inevitable. Believable. Simple. Behind most successful companies is a story that checks every one of those boxes.

This morning Shippo, a software company that provides shipping-related services to ecommerce companies, announced a new $45 million investment. The new capital values the startup at $495 million. TechCrunch is calling the new funding a Series D as it is a priced round that followed its Series C; the company did not award the round […]

This morning Wisetack, a startup that provides buy-now-pay-later services to in-person business transactions, announced that is has closed a total of $19 million across two rounds, a seed investment and a Series A. Greylock led both rounds, with the seed round clocking in at $4 million and the Series A at $15 million. Bain Capital […]

Rode Microphones has a new and improved version of its much-loved Go portable mic, the Wireless Go II, which uses the same form factor as the original but adds a list of new and improved features. Most notably, the Go II offers two transmitter packs that can simultaneously talk to a single receiver, letting you […]

The robotics revolution in farming is set to continue as the autonomous crop cultivation company FarmWise looks to add new capabilities to its autonomous farming equipment. The San Francisco-based company is currently testing the application of fungicides and insecticides to row crops as an additional capability for its weed-killing robots, according to company chief executive […]

As money floods into the electric vehicle market a number of small companies are trying to stake their claim as the go-to provider of charging infrastructure. These companies are developing proprietary ecosystems that work for their own equipment but don’t interoperate. ChargeLab, which has raised $4.3 million in seed financing led by Construct Capital and […]

3D model provider CGTrader, has raised $9.5M in a Series B funding led by Finnish VC fund Evli Growth Partners, alongside previous investors Karma Ventures and LVV Group. Ex-Rovio CEO Mikael Hed also invested and joins as Board Chairman. We first covered the Vilnius-based company when it raised 200,000 euro from Practica Capital. Founded in […]

It would be an understatement to say that enterprise-focused startups have fared well during the pandemic. As organizations look to go remote, and the way we work has been flipped on its head, quickly-growing tech companies that simplify this transition are in high demand. One such startup has, in fact, raised $61.5 million in the […]

Flurostat and Dagan, two startups that both are tackling the monitoring and management of agricultural inputs and outputs for a better understanding of the role sustainable agriculture can play in reducing greenhouse gas emissions, have merged and are launching a package of services under a new brand, Regrow. The merge, announced yesterday, will create a […]

A new investment fund is coming to Midwest cities, and it’s lead by names familiar to the local scenes. The aptly-named Midwest Fund targets early-stage startups from Pittsburgh to Chicago, from Detroit to Cincinnati, and everywhere in between. Unlike traditional venture capital funds, this one gets its funding from successful entrepreneurs looking for ways to […]

Much of our daily lives have been transformed in one way or another by technology – and often through intentional efforts to innovate thanks to the advent of new technology. Now more than ever, we rely on shared collaboration platforms and digital workspaces in our professional lives, and yet most of the changes wrought by […]

Burrow, a startup that first launched with a modular sofa, eventually aims to sell you furniture for every room in your home. Today, it’s announcing that it’s raised $25 million in Series C funding. Burrow participated in the Y Combinator accelerator in 2016 with an initial aim of building sofas that, by virtue of being […]

Miami-based AdMobilize and its spin-off, Matrix Labs, announced this morning that they are being acquired for $19.5 million. The buyer is Rokk3r, a Miami-based holding company that invests in creating, acquiring and integrating companies. AdMobilize quantifies digital advertising in the physical world, so marketers can better reach their target audiences. “If you’re walking on 5th […]

The last year of life under a global health pandemic has seen a massive surge of people working from home — a shift that has thrown a stark light on the iffy quality of our broadband networks. Today a startup called Plume — which has built a mesh-WiFi platform that helps optimize broadband connectivity and […]

Anuvia Plant Nutrients has raised $103 million to commercialize its novel fertilizer technology. The company, backed by investors like TPG ART, Pontifax Global Food and Agriculture Technology Fund, Generate Capital andPiva Capital, is now ready to roll out its tech, which is already used on roughly 1200 farms and is projected to be on 20 million […]

Mobile advertising company ironSource is announcing its second acquisition of the year — Luna Labs, a startup that that’s built a platform allowing app developers to create and manage video and playable ads. When I first wrote about the startup in 2019, its main selling point was the ability to create those ads directly from […]

ConstellR, a SpaceTech startup with a technology that can monitors land surface temperatures from space, has raised a €1m pre-seed round led by FTTF, with the participation of strategic investor OHB Venture Capital, Baden-Württemberg’s state bank L-Bank and an undisclosed investor. The first system is due to go into orbit in December 2021. The company […]

Better Origin is a startup that converts waste food into essential nutrients using insects fed to chickens inside a standard shipping container. It’s now raised a Seed Series $3 million funding round led by Fly Ventures and solar entrepreneur Nick Boyle, while previous investor Metavallon VC is also participating. Its competitors include Protix, Agriprotein, InnovaFeed, […]

When people ask me which robotics categories are poised for the biggest growth, I often point to agriculture. The technology already has a strong foothold in places like warehouse and logistics, but it’s impossible to look at the American – and global – farming community and not see a lot of potential for human-assisted automation. […]

The onset of the pandemic has led to increased demand across customer income groups around the world for digital banking options. We’ve seen how digital banks like Zolve and Nubank have raised money in recent months to fill this need. This time, a startup from Africa has joined the party. TymeBank, a South African digital […]

Based in Singapore, ErudiFi wants to help more students in Southeast Asia stay in school by giving them affordable financing options. The startup announced today it has raised a $5 million Series A, co-led by Monk’s Hill Ventures and Qualgro. ErudiFi currently works with more than 50 universities and vocational schools in Indonesia and the […]

A new VC fund, “2150“, is launching with the first close of a €200m ($240m) fund which will back technologies aimed largely at reducing the carbon footprint of cities. For example, startups that inject carbon into concrete, or monitor the energy of buildings. The final close is anticipated by mid-2021. The advisory board for 2150 […]

Spreadsheet software — led by products like Microsoft’s Excel, Google’s Sheets and Apple’s Numbers — continues to be one of the most-used categories of business apps, with Excel alone clocking up more than a billion users just on its Android version. Now, a startup called Rows that’s built on that ubiquity, with a low-code platform […]

Katana, an Estonian startup that has built manufacturing-specific enterprise resource planning (ERP) software for SMBs, has raised $11 million in Series A funding. Leading the round is European venture capital firm Atomico, with participation from angel investors Ott Kaukver (Checkout.com CTO), Sten Tamkivi (CPO Topia, formerly Skype), Sergei Anikin (CTO, Pipedrive) and Kairi Pauskar (former […]

Facebook said it will begin restoring news sharing to Australian users’ feeds in “the coming days” after reaching an agreement with the country’s government. The social media giant made the drastic move of restricting news content in Australia last Wednesday after a dispute over a proposed media bargaining code that is expected to be voted […]

Lucid Motors reached an agreement to become a publicly traded company through a merger with special-purpose acquisition company Churchill Capital IV Corp, in the largest deal yet between a blank-check company and electric vehicle startup. The combined company, in which Saudi Arabia’s sovereign fund will continue to be the largest shareholder, will have a transaction […]

Not everyone has Type 2 diabetes, the disease that causes chronically high blood sugar levels, but many do. Around 9% of Americans are afflicted, and another 30% are at risk of developing it. Enter software by January AI, a four-year-old, subscription-based startup that in November began providing personalized nutritional and activity-related suggestions to its customers […]

In the face of rising homelessness, increasing crime and inadequate public transit in San Francisco, many tech influencers are pulling up stakes to geographies that offer a seemingly more welcome climate to conduct business and make investments. But the ongoing disaster in Texas makes one cold truth very clear: No place is safe from America’s […]

Spotify makes a bunch of announcements, Netflix introduces an intriguing new feature and Clubhouse faces security concerns. This is your Daily Crunch for February 22, 2021. The big story: Spotify announces a high-end subscription Spotify listeners will get the chance to pay for higher-quality audio when the streaming service launches a new tier that it […]

Huawei’s first foldable feels like a distant memory. Announced in 2019, the company went back to the drawing board prior to release, as Samsung ran into its own much publicized issues with the innovative form factor. The Mate X was well-received among journalists — I had the opportunity to spend some time with it at […]

Zomato has raised $250 million, two months after closing a $660 million Series J financing round, as the Indian food delivery startup builds a war-chest ahead of its IPO later this year. Kora (which contributed $115 million), Fidelity ($55 million), Tiger Global ($50 million), Bow Wave ($20 million) and Dragoneer ($10 million) pumped the new […]

The FCC has taken a major step toward offering financial support for people struggling to pay broadband bills during the pandemic. If approved, the Emergency Broadband Benefit Program could provide $50 per month to millions of households, and more in tribal lands. The EBBP was created in the budget passed by Congress earlier this year, […]

During its livestreamed event today, Spotify officially confirmed its plans to launch paid podcast subscriptions on its platform. As a first step, the company will this spring begin beta testing a new feature in its Anchor podcast creation tool that will allow U.S. creators to publish paid podcast content aimed at their “most dedicated fans.” […]

Amber Group has fixed a second security lapse that exposed private keys and passwords for the government’s JamCOVID app and website. A security researcher told TechCrunch on Sunday that the Amber Group left a file on the JamCOVID website by mistake, which contained passwords that would have granted access to the backend systems, storage and […]

EquityBee, a stock option marketplace startup, has raised $20 million in a Series A round of funding. Group 11 led the financing, which also included participation from Oren Zeev Ventures, Battery Ventures and ICON Continuity Fund. It brings the company’s total raised to over $28 million since its 2018 inception. EquityBee CEO and co-founder Oren […]

NASA has released video taken by the Perseverance landing module and rover showing the famous “seven minutes of terror” in a bracing first-person perspective. The images sent back Friday were just a teaser — this is the full experience, and the first video of a Mars landing ever captured. A full description of the rover’s […]

Over the next few days, Spotify will be launching its service in 85 new markets, and will also roll out 36 new languages on the platform. The news was announced at its online event, “Stream On” today. The expansion includes markets across Africa, Asia, Europe, Latin America and the Caribbean. Combined, these markets include more […]

Spotify provided more details today about how it plans to monetize its investments in podcasts. The company said it’s launching a new audio advertising marketplace, the Spotify Audience Network, which will allow advertisers to reach listeners across Spotify’s own Originals and Exclusives, as well as podcasts via Megaphone and creation tool Anchor, and its ad-supported […]

As part of its news announced at its live event today, Spotify announced a set of new creator tools and resources, including the expansion of Marquee, the launch of a tool called “Discovery Mode” into beta testing, the opening of the Canvas looping visual feature to all artists and its plans to expand its Spotify […]

Splice, the New York-based, AI-infused, beat-making software service for music producers created by the founder of GroupMe, has managed to sample another $55 million in financing from investors for its wildly popular service. The GitHub for music producers ranging from Hook N Sling, Mr Hudson SLY, and Steve Solomon to TechCrunch’s own Megan Rose Dickey, Splice […]

Mere days after we discussed Coinbase at $77 billion and Stripe at $115 billion in the private markets, those same semi-liquid exchanges have provided a new valuation for the cryptocurrency company. It’s now $100 billion, per Axios’ reporting. Good thing we argued last week that there could be some merit to Coinbase’s $77 billion secondary market […]

Spotify today announced its plans to roll out a new high-end subscription service, called Spotify HiFi, along with other new features and updates, including new content deals, and features for creators. The company said Spotify HiFi will launch later this year to Spotify Premium subscribers in select global markets, allowing them to listen to music […]

TechCrunch is embarking on a major project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Oslo and Norway will capture how the country is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. We’d like to know how Norway’s startup scene is evolving, […]

I’ve piloted Spot a number of ways in a number of different settings. I had the chance to control the robot for the first time at one of our Robotics events a number of years back, and drove one around an obstacle course at Boston Dynamics’ headquarters. More recently, I navigated it via web browser […]

A new market forecast predicts app spending will reach $270 billion by the year 2025, including paid downloads, in-app purchases, and subscriptions. According to data from Sensor Tower, in-app spending will return to pre-pandemic levels of stable growth over the next few years, downloads will continue to grow, and, perhaps most notably, it’s predicting app […]