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Updated 2024-11-23 00:01
Watch Boeing try its pivotal crew spacecraft orbital demonstration launch for the second time
Update 08/03/2021 @ 10:44 AM EST: The launch attempt has been officially scrubbed for today, and a new timeline for the next attempt is set to be confirmed. We’ll provide updates as they become available. Boeing is all set to make a second attempt at flying its Starliner CST-100 commercial crew spacecraft to the International […]
Why Draper Esprit doubled down on its status as a publicly listed VC
Draper Esprit, another British venture capital firm, moved from the AIM to the LSE proper, with a secondary listing on Euronext Dublin.
Apple’s Touch ID-enabled keyboard is finally available on its own
Three-and-half months after launching the Magic Keyboard with Touch ID, Apple is finally breaking it out from its iMac bundle. The accessory is now available as a standalone through Apple Stores and the company’s site. There are two versions: the standard and a longer model with a numeric keypad (pretty much what the company offers […]
Controversial crime app Citizen launches $20/month Protect service
After months of testing with upwards of 100,000 beta testers, Citizen today is launching its premium Protect offering for all users. The subscription service runs $20 a month and opens up a number of features on the app. Chief among the new paid features is a “Get Agent” button, which offers access to a Citizen […]
Wireless charging firm Aira raises $12M
Founded in 2017, Arizona-based Aira didn’t waste any time proving out its technology. We’ve written about the company’s wireless charging a few times over the years, including the “FreePower” technology it has baked into Nomad’s charging pads, which brings a more streamlined version of the Apple’s abandoned AirPower. The tech allows for users to charge […]
Moderne Ventures closes second fund with $200M, targets industry digital transformation
Constance Freedman and Liza Benson have built up a network of more than 700 executives across the real estate, finance, insurance and home services industries.
Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia
According to the World Bank, it is more expensive to send money to sub-Saharan African than to any region in the world. It is also the most expensive region to send money from. In Q1 2020, people spent an average of 8.9% to send money to the region, much higher than the global average of […]
Rapyd raises $300M on $8.75B valuation as fintech-as-a-service continues to boom
Neobanks, other financial startups, and the basic concept of “finance anywhere” are seeing huge gains at the moment, and today one of the key companies building the infrastructure that powers services like these is announcing a major growth round of funding to double down on the opportunity. Rapyd — which provides a range of financial […]
Revery gets $2M to improve mental health with mobile gaming techniques
In “Macbeth,” Shakespeare described sleep as the “chief nourisher in life’s feast.” But like his titular character, many adults aren’t sleeping well. Revery wants to help with an app that combines cognitive behavioral therapy (CBT) for insomnia with mobile gaming concepts. Founded in March 2021, Revery is currently in beta stealth mode and plans to […]
Gapsquare, a pioneer of machine learning into gender pay disparity, is acquired by XpertHR
Inequalities between women and men in the workplace have been exacerbated during the COVID-19 pandemic and are likely to persist in the near future, according to the International Labour Organization (ILO). The World Economic Forum estimates globally it will take 267.6 years to close the gender gap in economic participation and opportunity. So it’s even […]
India’s Infra.Market valued at $2.5B in Tiger Global-led $125M funding
Infra.Market, an Indian startup that is helping construction and real estate companies in the world’s second-most populated nation procure materials and handle logistics for their projects, said on Tuesday it has secured its third financing round in the past nine months. Tiger Global, which led the startup’s Series C round in February this year, has […]
South Africa’s Khula closes $1.3M seed to scale its software-for-agriculture platform
The myriad challenges faced by smallholder farmers in Africa -- inadequate financing, education and input distribution -- persist and greatly affect the agricultural output on the continent.
Independent retailer platform Creoate raises $5M Seed led by Fuel Ventures
Creoate is a startup, which lets independent retailers buy sustainable products from brands and wholesalers, has raised a $5m Seed round led by Fuel Ventures with participation from Vinted founder, Justas Janauskas. Its competitors include traditional wholesalers who’ve supplied independent retailers for decades, and other startups such as Faire (US, raised $696M) and Ankorstore (FR, […]
Health and wellness apps maker Palta raises $100M Series B led by VNV Global
Health and wellness apps startup Palta, has raised $100 million in a Series B round led by Per Brillioth at VNV Global, with the participation of Target Global and other existing and new investors. The cash will be used to generate more products, such its existing products Flo.Health, Simple Fasting, Zing Fitness Coach, and others. […]
Daily Crunch: Zoom will pay $85M to settle lawsuit over ‘Zoombombing,’ user privacy
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
You can’t afford to make poor decisions about incentive stock options
When the time is right, employees should actively look for help from a qualified fiduciary financial adviser who can walk these could-be "options millionaires" through various cash-in scenarios.
Twitter partners with AP and Reuters to address misinformation on its platform
Twitter announced today it’s partnering with news organizations The Associated Press (AP) and Reuters to expand its efforts focused on highlighting reliable news and information on its platform. Through the new agreements, Twitter’s Curation team will be able to leverage the expertise of the partnered organizations to add more context to the news and trends […]
Novakid’s investors bet $35M that it can teach kids English
If you’re trying to develop fluency in a non-native tongue, language immersion is a crucial part of the learning process. Surrounding yourself with native speakers helps with pronunciation, context building, and most of all, confidence. But what if you’re an eight-year-old kid in Spain learning English and can’t swing a solo trip to the United […]
Demand Curve: Questions you need to answer in your paid search ads
Around 15% of website traffic comes through paid search ads. But to turn passive searchers into active shoppers, your ads should answer their question and entice them to click.
Planted raises another $21M to expand its growing plant-based meat empire (and add schnitzel)
Swiss alternative protein company Planted has raised its second round of the year, a CHF 19 million (about $21 million at present) “pre-B” fundraise that will help it continue its growth and debut new products. A U.S. launch is in the cards eventually, but for now Planted’s exclusively European customers will be able to give […]
MGA Thermal raises $8M AUD led by Main Sequence for its modular energy storage blocks
MGA Thermal wants to help utility companies transition from fossil fuels to renewable energy sources with shoebox-sized thermal energy storage blocks. The company says a stack of 1,000 blocks is about the size of a small car and can store enough energy to power 27 homes for 24 hours. This gives utility providers the ability […]
Amazon will pay you $10 in credit for your palm print biometrics
How much is your palm print worth? If you ask Amazon, it’s about $10 in promotional credit if you enroll your palm prints in its checkout-free stores and link it to your Amazon account. Last year, Amazon introduced its new biometric palm print scanners, Amazon One, so customers can pay for goods in some stores […]
Can your startup support a research-based workflow?
Most startups and scaleups are used to fast-paced resourcing and R&D cycles designed specifically for product development. However, there is no rushing academic-style research.
Google is building its own chip for the Pixel 6
Google just dumped a whole bunch of news about its upcoming Pixel 6 smartphone. Maybe the company was looking to get out in front of August 11’s big Samsung event — or perhaps it’s just hoping to keep people interested in the months leading up to a big fall announcement (and beat additional leaks to […]
Salesforce steps into RPA buying Servicetrace and teaming it with Mulesoft
Over the last couple of years, robotic process automation or RPA has been red hot with tons of investor activity and M&A from companies like SAP, IBM and ServiceNow. UIPath had a major IPO in April and has a market cap over $30 billion. I wondered when Salesforce would get involved and today the company […]
All-electric 2022 Audi e-tron GT and RS e-tron GT provide a pop of tech in understated packaging
Luxury, technology and a whole lot of flash often go hand in hand. In the age of space-faring billionaires, we all expect the latest wiz-bang gadget to look like something from the future, right? Not in Audi’s view. The 2022 Audi e-tron GT and RS e-tron GT are a pair of all-electric grand touring halo […]
Google gives the world its first official glimpse of the Pixel 6
While the company isn’t revealing everything about it just yet, this morning Google gave the world its first official peek at its next flagship phone: the Pixel 6. Here’s what we know so far: It’ll come in two forms: Pixel 6 and Pixel 6 Pro. The base 6 will have a matte aluminum finish with […]
Pokémon GO influencers threaten a boycott after Niantic removes COVID safety measures
The creators of Pokémon GO, Niantic, developed one of the first mainstream augmented reality games, boasting 166 million users and over a billion dollars in revenue last year. Taking inspiration from the main series Pokémon games, Pokémon GO uses in-game incentives to encourage users to explore their surroundings, team up with other users to fight […]
The next generation of global payments: Afterpay + Square
Sunday was a big day in fintech: Afterpay has agreed to merge with Square. This agreement sets two of the most admired financial technology companies in recent history on a path to becoming one.
Lilium in talks with Brazilian airline for $1B order
German electric aircraft startup Lilium is negotiating the terms for a 220-aircraft, $1 billion order with one of Brazil’s largest domestic airlines, the companies said Monday. Should the deal with Azul move forward, it would mark the largest order in Lilium’s history and its first foray into South American markets. “A term sheet has been […]
Cloud infrastructure market kept growing in Q2 reaching $42B
It’s often said in baseball that a prospect has a high ceiling, reflecting the tremendous potential of a young player with plenty of room to get better. The same could be said for the cloud infrastructure market, which just keeps growing with little sign of slowing down any time soon. The market hit $42 billion […]
Tech leaders can be the secret weapon for supercharging ESG goals
Over the past few years, we have seen an uptick in organizations setting long-term sustainability goals. However, CEOs and CSOs typically forecast these often long-term and aspirational goals.
Reese Witherspoon’s Hello Sunshine sold to new media firm from former Disney execs
Hello Sunshine, Reese Witherspoon’s media company that has produced content for streaming services like Hulu, Apple and HBO, among others, has been sold to a yet-unnamed new media firm run by former Disney execs, Kevin Mayer and Tom Staggs, the company announced this morning. The Wall St. Journal first reported on the sale. Deal terms […]
Why Square is shelling out $29B to snag BNPL player Afterpay
With PayPal, Klarna, Afterpay, Affirm and a host of smaller BNPL providers proving that customers like fee-based installment loans for online purchases, Square had to join the fight or miss a trick
Hear Startup Alley companies pitch expert VC judges on the next episode of Extra Crunch Live
We know how much you love a good startup pitch-off. Who doesn’t? It combines the thrill of live, high-stakes entertainment with learning about the hottest new thing. Plus, you get to hear feedback from some of the smartest folks in the industry, thus learning how to absolutely crush it at your next pitch meeting with […]
The tale of two edtech IPOs
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Last week, Natasha and Alex jumped on Twitter Spaces to discuss the tale of two edtech IPOs: Duolingo, the consumer language learning company, and PowerSchool, the enterprise K-12 software platform. It was a rare moment in the sun for the […]
Zoom reaches $85M settlement in ‘Zoombombing’ lawsuit
Zoom has agreed to pay $85 million to settle a lawsuit that accused the video conferencing giant of violating users’ privacy by sharing their data with third parties without permission and enabling “Zoombombing” incidents. Zoombombing, a term coined by TechCrunch last year as its usage exploded because of the pandemic, describes unapproved attendees entering and […]
Yaydoo secures $20M, aims to simplify B2B collections, payments
It’s no secret that the technology for easy business-to-business payments has not yet caught up to its peer-to-peer counterparts, but Yaydoo thinks it has the answer.
Newtopia closes first fund of $50M to invest in LatAm startups
Early-stage venture capital fund Newtopia VC launched Monday with $50 million to invest in tech startups based in Latin America.
Finite State lands $30M Series B to help uncover security flaws in device firmware
Columbus, Ohio-based Finite State, a startup that provides supply chain security for connected devices and critical infrastructure, has raised $30M in Series B funding. The funding lands amid increased focus on the less-secure elements in an organizations’ supply chain, such as Internet of Things devices and embedded systems. The problem, Finite State says, is largely […]
How one founder turned her extensive retail experience into an entirely new kind of shopping
The Yes founder and CEO Julie Bornstein helped some of the world’s biggest and best-loved brands develop industry leading e-commerce operations, and also served as COO at Stitch Fix, arguable one of the top success stories of digital-first fashion. The Yes is her first foray into entrepreneurship, however, and we got the chance to talk […]
Element Ventures pulls in $130M to double-down on the FinTech enterprise trend
With the rise of Open Banking, Psd2 Regulation, InsurTech, and the whole, general Fintech boom, tech investors have realized that there is an increasing place for dedicated funds which double down on this ongoing movement. When you look at the rise of banking-as-a-service offerings, payments platforms, insurtech, asset management, and infrastructure providers, you realize that […]
BoxGroup closes on $255M across two funds to back startups at their earliest stages
BoxGroup has quietly, yet diligently, been funding companies at the early stage for over a decade. The 11-year-old firm in fact was the first investor in Plaid, a fintech company that nearly got sold to Visa last year for billions of dollars. It has seen a number of impressive exits over the years, proving an […]
Mixlab raises $20M to provide purrfect pharmacy experience for pet parents
Pet pharmacy Mixlab has developed a digital platform enabling veterinarians to prescribe medications and have them delivered — sometimes on the same day — to pet parents.
The Station: The script for Elon Musk’s Loop drivers, Redwood snags $700M and a chat with Kodiak Robotics’ co-founder
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. In […]
E-scooter company Fenix acquires Palm for $5M, gains entry to Turkish market
Abu Dhabi-based micromobility company Fenix has acquired Palm, a shared e-scooter company in Turkey, for $5 million – the exact amount the company raised last November and this past February during its seed round. Despite having not even raised a Series A round yet, Fenix scrounged together the cash and equity needed to fund this […]
Industrial cybersecurity startup Nozomi Networks secures $100M in pre-IPO funding
Nozomi Networks, an industry cybersecurity startup that aims to shield critical infrastructure from cyberattacks, has raised $100 million in pre-IPO funding. The Series D funding round was led by Triangle Peak Partners, and also includes investment from a number of equipment, security, service provider and go-to-market companies including Honeywell Ventures, Keysight Technologies and Porsche Digital. […]
Kuda, the African challenger bank, raises $55M at a $500M valuation
Kuda Bank, the London-based, Nigerian-operating startup that is taking on incumbents in the country with a mobile-first, personalised and often cheaper set of banking services built on newer, API-based infrastructure, has been on a growth tear in the last several months, and to fuel its expansion, it has now raised another round of funding. TechCrunch […]
Indian online insurer PolicyBazaar files for IPO, seeks to raise over $800 million
Indian online insurance aggregator PolicyBazaar has filed for an initial public offering in which it is seeking to raise $809 million, becoming the fourth startup in the past two months from the South Asian market to explore public markets. In papers submitted to the market regulator in India, PolicyBazaar said it is looking to raise […]
Indian edtech Unacademy valued at $3.44 billion in $440 million fundraise
Indian online learning platform Unacademy has raised $440 million in a new financing round as investors double down on the South Asian market and elsewhere following a widening series of regulatory crackdowns in China that wiped hundreds of billions of dollars last month. Temasek led the Bangalore-based startup’s new financing round — Series H — […]
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