Crunch Hype

Lucile Cornet has been appointed Partner with Eight Roads Ventures Europe, a firm focusing on startups in Europe and Israel. Cornet is its first female Partner. Eight Roads is backed by Fidelity and has over $6 billion assets under management globally. Cornet will be focusing on the software and fintech sectors and previously led a […]

With every year, AI is beginning to bring more standardized levels of diagnostic accuracy in medicine. This is true of skin cancer detection, for example, and lung cancers. Now, a startup in Israel called Embryonics says its AI can improve the odds of successfully implanting a healthy embryo during in vitro fertilization. What the company […]

French startup Georges — or Georges.tech — is raising a new round of funding of $42.4 million (€35 million). The company is also getting a new name and will be called Indy going forward. The startup has been building an accounting automation application for freelancers and small companies. Singular is leading today’s funding round. You […]

When the two year-old Indian company Jetsons Robotics began searching for a partner to help design charging stations for their autonomous rooftop solar installation cleaning robots, the Israeli company Powermat was an obvious choice. While the company had made its name as the designer for wireless charging technologies for consumer electronics, over the past two […]

iSTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment […]

Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it […]

Genflow, a London and LA-based brand-building agency that offers an e-commerce and mobile tech platform to let influencers start companies, has raised $11 million in funding. Leading the round is U.K. investor BGF. The injection of capital will be used by Genflow to further scale its offering and for international expansion. Founded in 2016 by […]

On his way out the door, President Donald Trump pardons a former Googler, Jack Ma reappears and Wattpad gets acquired. This is your Daily Crunch for January 20, 2021. The big story: Trump pardons Anthony Levandowski Although Donald Trump is no longer president of the United States as I write this, he still held the […]

Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, […]

ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Other participants include LocalGlobe and existing investors, including TLcom Capital and […]

Following Joseph Biden’s swearing in as the 46th president of the United States, Amazon is offering help in the administration’s stated goals for rolling out the COVID-19 vaccine. In a letter provided to TechCrunch, Worldwide Consumer CEO Dave Clark congratulates Biden and Vice President Kamala Harris, while promising, “to assist you in reaching your goal […]

What is your sense as to how the new administration will change business, corporate and startup founder immigration to the U.S.?

TikTok is testing a new video Q&A feature that allows creators to more directly respond to their audience’s questions with either text or video answers, the company confirmed to TechCrunch. The feature works across both video and livestreams (TikTok LIVE), but is currently only available to select creators who have opted into the test, we […]

The massive shift to remote work due to COVID-19 has resulted in a huge reduction in emissions from vehicles and other sources, but it comes with costs of its own. A new study puts tentative carbon costs on the connectivity and data infrastructure that make working from home possible — and gives you an excuse […]

Ironhack, a company offering programming bootcamps across Europe and North and South America, has raised $20 million in its latest round of funding. The Miami-based company (with locations in Amsterdam, Barcelona, Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and São Paulo) said it will use the money to build out more virtual offerings to complement […]

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WhiteHouse.gov, the official website for all presidential actions and efforts, is among the first things to be changed up under the freshly inaugurated President Biden. A fashionable dark mode appeared, as well as a large text toggle for straining eyes, and the webmaster has committed to making the whole site conform to the latest accessibility […]

Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. However, having been given the time and space […]

In a speech to the European Parliament today marking the inauguration of U.S. president Joe Biden, the president of the European Commission has called for Europe and the U.S. to join forces on regulating tech giants, warning of the risks of “unfiltered” hate speech and disinformation being weaponized to attack and undermine democracies. Ursula von […]

Investors and businesses should not overlook how quickly President Biden will move on policy – especially as it relates to the future of work and getting the U.S. economy back on track.

This morning, as America itself resets, let's take a moment to understand last year just a little bit better as we get into this new one.

Researchers at MIT have developed a new method for growing plant tissues in a lab — sort of like how companies and researchers are approaching lab-grown meat. The process would be able to produce wood and fibre in a lab environment, and researchers have already demonstrated how it works in concept by growing simple structures […]

Fyllo has acquired DataOwl, a company offering marketing and loyalty tools for cannabis retailers. Fyllo said it already works with 320 cannabis retailers across 25 states (plus Puerto Rico and Jamaica). According to Chief Marketing Officer Conrad Lisco, this acquisition allows the company to offer the industry’s “first end-to-end marketing solution,” combining consumer data, digital […]

SpaceX has launched its seventeenth batch of Starlink satellites during its first mission of 2021, using a Falcon 9 rocket that was flying for the eighth time, and that landed again, recording a record for its reusability program. This puts the total Starlink constellation size at almost 1,000, as the company has expanded its beta […]

A lengthy antitrust investigation into PC games geo-blocking in the European Union by distribution platform Valve and five games publishers has led to fines totalling €7.8 million (~$9.4 million) after the Commission confirmed today that the bloc’s rules had been breached. The geo-blocking practices investigated since before 2017 concerned around 100 PC video games of […]

Rocket Lab has launched its 18th mission, and the first of 2021, as of 8:26 PM NZT (2:30 AM EST). The “Another One Leaves The Crust” mission took off from Rocket Lab’s Launch Complex 1 on the Mahia Peninsula in New Zealand, and flew a single communications microsatellite on behalf of client OHB Group, a […]

HiPeople, an HR tech startup based in Berlin that wants to automate the reference checking process, has raised $3 million in seed funding. Leading the round is Mattias Ljungman’s Moonfire, with participation from Capnamic Ventures and Cherry Ventures. It follows a $1.1 million pre-seed in late 2019. Notably, the seed round was closed fully remote, […]

Alibaba’s billionaire founder resurfaced as he spoke to 100 rural teachers through a video call, three months after his last public appearance in October, sending the e-commerce firm’s shares up more than 8% in Hong Kong. A recording of the call was first posted on a news portal backed by the government of Zhejiang, the […]

Barcelona-based Landbot, a ‘no-code’ chatbot builder, has bagged a $8M Series A led by the Spanish-Israeli VC firm Swanlaab, alongside support from Spain’s innovation-focused public agency, CDTI. Previous investors Nauta Capital, Encomenda and Bankinter also participated in the round. We last chatted to Landbot back in 2018 when it raised a $2.2M seed and had […]

Anthony Levandowski, the former Google engineer and serial entrepreneur who had been sentenced to 18 months in prison on one count of stealing trade secrets, has received a pardon from President Donald Trump. The full pardon, which was one of 73 issued late Tuesday evening, means Levandowski will avoid a prison cell. The president also […]

Wattpad, the 14-year-old, Toronto-based, venture-backed storytelling platform with reach into a number of verticals, is being acquired by Naver, the South Korean conglomerate, in a $600 million cash-and-stock deal. Naver plans to incorporate at least part of the business into another of its holdings, the publishing platform Webtoon, which Naver launched in 2004, brought to […]

I’ve spent more time than I care to mention over the last several years wondering aloud about the value of in-person trade shows. There’s something seemingly antiquated in the idea of jamming a bunch of people in a room, walking from booth to booth. Sure, they’ve fulfilled an important need in the past, but aren’t […]

The decentralized tech community is aiming to find support for technologies that go beyond cryptocurrency support. In a blog post today the team at Brave announced that they have worked with Protocol Labs to integrate native support for the InterPlanetary File System (IPFS) inside their browser. The peer-to-peer file-sharing standard launched in 2015 and has […]

After two days locked up in an Italian prison, American Max Craddock was finally able to make his case to a judge. “It’s not a weapon of war,” his lawyer told the investigating magistrate. “It’s a toy they sell to children.” Craddock had been arrested in the Sardinian port city of Olbia in June 2018 […]

Autonomous vehicle company Cruise raises a $2 billion new round, Netflix keeps growing and WhatsApp faces more privacy concerns. This is your Daily Crunch for January 19, 2021. The big story: Microsoft backs Cruise Cruise announced today that it has raised $2 billion in new funding at a $30 billion valuation, with Microsoft joining as […]

Podchaser, a startup building what it calls “IMDB for podcasts,” recently announced that it has raised $4 million in a funding round led by Greycroft. In other words, it’s a site where — similar to the Amazon-owned Internet Movie Database — users can look up who’s appeared in which podcasts, rate and review those podcasts […]

Adthena is expanding its partnership with market research company Kantar by acquiring Kantar’s paid search business. The two companies announced an agreement earlier this month, through which Adthena data will be integrated into Kantar’s ad intelligence product. Now, through this new acquisition, Adthena said Kantar search clients will get access to the Adthena product suite. […]

Bay Area-based construction startup TraceAir today announced a $3.5 million Series A. Led by London-based XTX Ventures, this round brings the company’s total funding up to $7 million. The raise includes existing investor Metropolis VC, along with new additions Liquid 2 Ventures, GEM Capital, GPS Ventures and Andrew Filev. We first noted the company back […]

Every picture posted to Facebook and Instagram gets a caption generated by an image analysis AI, and that AI just got a lot smarter. The improved system should be a treat for visually impaired users, and may help you find your photos faster in the future. Alt text is a field in an image’s metadata […]

Netflix is always in search of a better way to instantly connect users to something to watch, instead of having them waste time unsuccessfully scrolling through all the available programming options. Now, the company says a recent test focused on solving this problem, Shuffle Play, has proven popular enough to roll out to all users […]

The Qualtrics debut is going to be huge, and that matters. Can the bankers get its IPO price closer to what retail investors are willing to pay?

Netflix capped off a year of impressive streaming growth by adding 8.5 million net new paying subscribers during the fourth quarter. That means the streaming giant now has a total of 204 million paying subscribers worldwide — net growth of 37 million new subscribers for the full year, up from 28 million net additions in […]

When should deep-tech companies hire marketers, and do these hires need industry experience?

Bolt Mobility, the Miami-based micromobility startup co-founded by Olympic gold medalist Usain Bolt, is expanding to 48 new markets after acquiring the assets of Last Mile Holdings. Bolt Mobility’s rise and Last Mile’s demise captures the uncertainty that plagued micromobility companies in the past year as the COVID-19 pandemic upended business models that were, in […]

SpaceX’s next spacecraft is in development in Texas, and CEO Elon Musk previously revealed that the company was planning to build floating spaceports for Starship operations, after a job ad was posted looking for someone to oversee their development. Now, SpaceX has purchased two oil rigs to convert for this purpose, as first reported by […]

A new music platform, Uppbeat, aims to make it easier for YouTubers and other content creators to find quality free music to use in their videos. The system, which is designed to navigate the complexities of copyright claims while also fairly compensating artists, offers an alternative to existing free music platforms, including YouTube’s own Audio […]

Volta, the developer of a network of electric vehicle charging stations that monetize using advertising, has raised $125 million in new funding in a process managed by Goldman Sachs. Volta builds and operates a network of electric vehicle charging stations that are sited in parking lots around grocery stores, pharmacy chains, banks and hospitals. The […]

The European Union is preparing the ground for vaccine passports. A common approach for mutual recognition of vaccination documentation is of the “utmost importance,” the commission said today, adding that it wants “an appropriate trust framework” to be agreed upon by the end of January — “to allow member states’ certificates to be rapidly useable […]

I asked a group of VCs about their approach to mobile content investing and whether new platforms were changing perspectives about mobile-first and desktop-first experiences.

Apple today announced a new editorial franchise called Apple Podcasts Spotlight, which aims to highlight rising podcast creators in the U.S. The editorial team at Apple will select new podcast creators to feature every month and then give them prominent screen real estate in the Apple Podcasts app and promote them across social media and […]