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Updated 2024-11-22 13:31
Hunters brings in $30M Series B to grow XDR security tech
With the growing volume of ransomware and supply chain security attacks, there is a need for organizations to more rapidly detect threats. It’s that opportunity that startup Hunters is looking to capitalize on as the company today announced that it has raised a $30 million Series B round led by Bessemer Venture Partners (BVP). Hunters, […]
Peloton Tread arrives next week with enhanced safety features, following recall
During a banner year for connected fitness, Peloton stumbled, as its two treadmills – the Tread+ and Tread – drew the scrutiny of the U.S. Consumer Product Safety Commission (CPSC). The two eventually collaborated for the planned recall of 125,000 Tread+ units, while offering fixes to 6,450 Treads – the budget model had a pre-launch […]
ICON lands $207M Series B to construct more 3D-printed homes after seeing 400% YoY revenue growth
Creating single-family homes for the homeless using 3D printing robotics. Developing construction systems to create infrastructure and habitats on the moon, and eventually Mars, with NASA. Delivering what is believed to be the largest 3D-printed structure in North America — a barracks for Texas Military Department. These are just some of the things that Austin, […]
NS1 brings open-source service NetBox to the cloud
New York City based startup NS1 got its start providing organizations with managed DNS services to help accelerate application delivery and reliability. With its new NetBox Cloud service that is being announced in preview today, NS1 is expanding its services into a new area beyond DNS. It can often be a challenging task for a […]
Max Q: Launch industry low-down
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. Another public launch company is coming soon, while a still-private launch had to push off their planned first flight date. Still another launcher got the go-ahead for its big debut. It’s a […]
Samsung to invest $205B in semiconductor, biopharma and telco units by 2023, creating 40,000 jobs
Samsung Group, South Korea’s tech giant, announced on Tuesday that it will invest $205 billion (240 trillion won) in their semiconductor, biopharmaceuticals and telecommunications units over the next three years to enhance its global presence and lead in new industries such as next-generation telecommunication and robotics. The investment will be led by Samsung affiliates including […]
Plentific cements $100M to expand its property management SaaS
London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm of the eponymous real estate giant — along with Mubadala Investment Company and RXR Digital Ventures, […]
A new NSO zero-click attack evades Apple’s iPhone security protections, says Citizen Lab
A Bahraini human rights activist’s iPhone was silently hacked earlier this year by a powerful spyware sold to nation-states, defeating new security protections that Apple designed to withstand covert compromises, say researchers at Citizen Lab. The activist, who remains in Bahrain and asked not to be named, is a member of the Bahrain Center for […]
India’s Khatabook raises $100 million for its bookkeeping platform for merchants
Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services. The startup’s new financing round — a Series C — was led by Tribe Capital and Moore Strategic Ventures […]
Pakistan’s B2B marketplace and digital ledger platform Bazaar raises $30 million
A one-year-old startup that is building a business-to-business marketplace for merchants in Pakistan and also helping them digitize their bookkeeping is the latest to secure a mega round in the South Asian market. Bazaar said on Tuesday it has raised $30 million in a Series A round. The new financing round — the largest Series […]
SoBanHang gets $1.5M to help small Vietnamese stores sell online for the first time
A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar to Khatabook in India and BukuKas and BukuWarung in Indonesia. Then a new COVID-19 […]
GM says it will seek reimbursement from LG Chem for $1B Chevy Bolt recall losses
American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement from LG Chem, its battery cell manufacturing partner, for what it expects to be $1 billion worth of losses. Following the news of the recall, the […]
Japan’s B2B ordering and supply platform CADDi raises $73 million Series B funding
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. CADDi, a Tokyo-based B2B ordering and supply platform in the manufacturing and procurement industry, helps both procurement (demand side) and manufacturing facilities (supply […]
Back to the suture: The future of healthcare is in the home
In-home care is nothing new. In the 1930s, over 40% of physician-patient encounters took place in the home, but by the 1980s, that figure dropped to under 1%.
Daily Crunch: Virgin Orbit rockets to $3.2B valuation in SPAC merger
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Samsung’s Galaxy Z Flip 3 is the foldable to beat
I took a long walk on Saturday. It’s become a routine during the pandemic, a chance to unwind after too many hours indoors, while seeing parts of the city that would otherwise be lost to subway rides in normal years. Saturday was more purpose-driven, heading to a newly opened Trader Joe’s before Henri unleashed itself […]
SpaceX ships 100,000 Starlink terminals to customers, eyes future launches using Starship
Elon Musk’s Starlink project, which aims to provide global broadband connectivity via a constellation of satellites, has shipped 100,000 terminals to customers. 100k terminals shipped!https://t.co/Q1VvqVmJ2i — Elon Musk (@elonmusk) August 23, 2021 It’s a jaw-dropping pace for the capital-intensive service, which began satellite launches in November 2019 and opened its $99/month beta program for select […]
Rocket Lab’s Mars mission gets green light from NASA
Rocket Lab is one step closer to going to Mars with NASA’s approval of the company’s Photon spacecraft for an upcoming science mission. If all continues according to plan the two craft will launch in 2024 and arrive on the red planet 11 months later to study its magnetosphere. The mission is known as the […]
Elastic acquires build.security for security policy definition and enforcement
Less than a year after raising its $6 million seed funding round, Tel Aviv and Sunnyvale-based startup build.security is being acquired by Elastic. Financial terms of the deal are not being publicly disclosed at this time. The deal is expected to close in Elastic’s Q2 FY22, ending October 31, 2021. In an email to TechCrunch, […]
How Cisco keeps its startup acquisition engine humming
Cisco has a rich history of buying its way to global success. And it's remained quite active, acquiring more than 30 startups over the last four years for a total of 229 over the life of the company.
OnlyFans’ explicit content ban should spark a conversation about a creators’ bill of rights
OnlyFans’ decision to ban sexually explicit content is reigniting an important and overlooked conversation around tech companies, content guidelines and sex work.
Instagram is ditching ‘swipe-up’ links in favor of stickers
Instagram is ditching the “swipe-up” link in Instagram Stories starting on August 30. The popular feature has historically allowed businesses and high-profile creators a way to direct their Story’s viewers to a website where they could learn more about a product, read an article, sign up for a service or do anything else the creator […]
OpenTable integrates CLEAR’s digital vaccine card for restaurants requiring proof of vaccination
Cities like New York City, San Francisco and New Orleans are moving to enact COVID-19 vaccination requirements for indoor dining. So OpenTable, the online restaurant reservation service, is rolling out features to help restaurants streamline vaccination checks. Today, OpenTable announced a partnership with the biometric security company CLEAR, which allows users to create a digital […]
Intel inks deal with Department of Defense to support domestic chip-building ecosystem
Intel has signed a deal with the Department of Defense to support a domestic commercial chip-building ecosystem. The chipmaker will lead the first phase of a program called Rapid Assured Microelectronics Prototypes – Commercial (RAMP-C), which aims to bolster the domestic semiconductor supply chain. The chipmaker’s recently launched division, Intel Foundry Services, will lead the […]
Kapacity.io is using AI to drive energy and emissions savings for real estate
Y Combinator-backed Kapacity.io is on a mission to accelerate the decarbonization of buildings by using AI-generated efficiency savings to encourage electrification of commercial real estate — wooing buildings away from reliance on fossil fuels to power their heating and cooling needs. It does this by providing incentives to building owners/occupiers to shift to clean energy […]
Future tech exits have a lot to live up to
Investors appear to be betting that the future IPO market will accelerate at attractive prices. Otherwise, none of what we are seeing regarding the rising price of startups makes sense.
TikTok is building its own AR development platform, TikTok Effect Studio
Both Facebook and Snap offer tools that allow developers to build out augmented reality (AR) experiences and features for their own respective family of apps. Now, TikTok is looking to do the same. The company recently launched a new creative toolset called TikTok Effect Studio, currently in private beta testing, which will allow its own […]
Pry Financials raises $4.2M to make startup accounting more approachable
Pry Financials wants to make startup finances approachable for its entire team, not just the people in charge of its accounting spreadsheets. The Y Combinator alum announced today it has raised $4.2 million from Global Founders Capital, Pioneer Fund, NOMO VC, Liquid2 and Hyphen Capital. Launched in March, Pry now has more than 200 customers […]
How one founder aims to bring researchers and food producers together around cultured meat
When Clarisse Beurrier was getting her education in chemical engineering and biotechnology, she already knew she wanted to make a difference; hence her participation in Effective Altruism Cambridge, an organization dedicated to helping smart and capable people target their philanthropic urges at the problems that will have the biggest actual impact on the world. She’s […]
Taiwan Innovative Space will conduct a test launch of its Hapith I rocket in Australia later this year
Australian regulators have given Taiwan Innovative Space, a five-year-old launch company that goes by Tispace, the green light to conduct a commercial launch at a newly licensed facility in southern Australia later this year. Tispace will conduct a test flight of its two-stage, suborbital rocket Hapith I from the Whalers Way Orbital Launch Complex in […]
Netflix’s live-action ‘Cowboy Bebop’ series arrives on November 19th
Netflix's live-action adaptation of classic anime Cowboy Bebop has been a long time coming, and the show finally has a release date. The 10-episode first season will start streaming on November 19th.
Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services
Getting children to school safely is a challenge nearly as old as public education. But rarely have entrepreneurs tackled the problem of updating and optimizing one of our largest transit systems.
With more cash and a launch, Vannevar Labs is reconnecting Silicon Valley to its defense industry roots
Silicon Valley was once one of the most productive regions in the country for the defense industry, churning out chips and technologies that helped the United States overtake the Soviet Union during the Cold War. Since then, the region has been known far less for silicon and defense than for the consumer internet products of […]
Announcing the agenda for TechCrunch Sessions: SaaS
TechCrunch Sessions is back! On October 27, we’re taking on the ferociously competitive field of software as a service (SaaS), and we’re thrilled to announce our packed agenda, overflowing with some of the biggest names and most exciting startups in the industry. And you’re in luck, because $75 early-bird tickets are still on sale — […]
Givz raises $3M in seed funding to make donations a marketing tool for businesses
Givz, which has developed an API-powered platform that gives brands a way to convert discounts into donations, has raised $3 million in seed funding. Eniac and Accomplice co-led the financing for the New York-based startup. Additional investors include Supernode Ventures, Claude Wasserstein of Fine Day, Phoenix Club and Dylan Whitman. Givz was founded in 2017 […]
Lux Capital’s Deena Shakir is helping judge Startup Battlefield at this year’s Disrupt
Deena Shakir is a partner at Lux Capital, where she looks to invest in technologies that are streamlining analog industries while also improving lives and livelihoods. Among the companies she has backed, for example, are Shiru, which is leveraging computational design to create enhanced proteins to help feed the world; and AllStripes, which aggregates and […]
FDA fully approves Pfizer-BioNTech’s COVID-19 vaccine
The U.S. Food and Drug Administration (FDA) has granted full approval to Pfizer-BioNTech’s COVID-19 vaccine, making it the first vaccine to achieve that status. The mRNA-based vaccine has been available since late last year through an Emergency Use Authorization (EUA), and will continue to be offered under that designation for those aged 12 to 15 […]
Why have the markets spurned public neoinsurance startups?
The companies we're examining cover auto insurance (Root, MetroMile), home and rental insurance (Hippo, Lemonade), and health insurance (Oscar Health). All are taking a whacking by the market. Why?
Equity Monday: Stocks up, cryptos up, regulation up
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 […]
Shelf.io closes huge $52.5M Series B after posting 4x ARR growth in the last year
This is the sort of deal that we expect to see Tiger in -- an outsized investment compared to prior rounds into a high-growth company that has lots of market room.
PayPal expands the ability to buy, hold and sell cryptocurrency to the UK
PayPal will now allow users outside the U.S. to buy, hold and sell cryptocurrency for the first time. The company announced today the launch of a new service that will allow customers in the U.K. to select between four types of cryptocurrencies — including Bitcoin, Ethereum, Litecoin, and Bitcoin Cash — which can be purchased […]
Moesif secures $12M to provide user behavior insights on API usage
As more companies provide more API-first services, Moesif has developed a way for those companies to learn how their customers are utilizing them.
African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding
Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The round, which marks the Fund’s first investment in an African startup, drew participation from existing investors like Sequoia Capital China, Redpoint China, Source Code Capital, and Softbank […]
Virtual dressing room startup Revery.ai applying computer vision to the fashion industry
Revery.ai is developing a tool that leverages computer vision and artificial intelligence to create a better online dressing room experience.
Y Combinator-backed Adra wants to turn all dentists into cavity-finding ‘super dentists’
Adra is bringing AI into the dentist's day-to-day workflow so they can spend less time finding cavities and more time with patients.
Virgin Orbit to go public via $3.2B SPAC deal
Virgin Orbit is set to go public via a merger with a special purpose acquisitions company (SPAC), the company has confirmed. The deal values the combined enterprise at $3.2 billion, and will provide Virgin Orbit with $483 million in cash at close, including a $100 million PIPE. The combined company will trade under the ticker […]
The Station: Bird’s improving scooter-nomics, breaking down Tesla AI day and the Nuro EC-1
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. Hello readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I’m […]
India’s Zetwerk valued at $1.33 billion in new funding
An Indian startup that operates a business-to-business marketplace for manufacturing items is the latest to attain the coveted unicorn status in the South Asian market. Bangalore-based Zetwerk said on Monday it has raised $150 million in a Series E financing round led by New York based D1 Capital Partners. New investors Avenir and IIFL also […]
Tencent in talks to lead funding in India’s Pocket FM
Tencent is in advanced stages of talks to lead an investment round in Gurgaon-headquartered Pocket FM, the latest in the Chinese giant’s push to broaden its consumer internet portfolio in the Indian market. The Chinese firm, which is already an investor in Pocket FM, is in talks to lead a ~20-25 million round in Pocket […]
Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus
Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars Toronto accelerator program last month. Canadian-based VC firm The Xchange led the round, SOSV and Shock Ventures participated, while Techstars Toronto made a follow-on investment. Nigerian firms Argentil Capital Partners and […]
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