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Updated 2024-11-23 03:31
Why Latin American venture capital is breaking records this year
The union of talent and money is what startup markets need to thrive. But there are other reasons why LatAm startups are often in the news: strong digital penetration and quick e-commerce growth.
Tenderly raises $15.3M to help Ethereum developers ship decentralized apps faster
Blockchain infrastructure startups are heating up as industry fervor brings more developers and users to a space that still feels extremely young despite a heavy institutional embrace of the crypto space in 2021. The latest crypto startup to court the attention of venture capitalists is Tenderly, which builds a developer platform for Ethereum devs to […]
Colombia’s Merqueo bags $50M to expand its online grocery delivery service across Latin America
Merqueo offers more than 8,000 products, including fresh foods, packaged goods, home essentials, beverages and frozen products. It currently operates in more than 25 cities and has over 600,000 users.
Uber will offer free Rosetta Stone language courses to drivers
Uber wants to overcome the language barriers you'll sometimes encounter when hailing a ride. The Verge says Uber has partnered with Rosetta Stone to offer free language lessons through its Driver app.
True ‘shift left and extend right’ security requires empowered developers
DevOps is fundamentally about collaboration and agility. Unfortunately, when we add security and compliance to the picture, the message gets distorted.
Old Amazon Kindle devices will soon lose 3G access
If you have an older Amazon Kindle with 3G internet, take note that you may not be able to wirelessly access and download new content anymore starting in December.
Amazon’s Fire TV Cube now supports Zoom calls on your TV
Late last year, Amazon launched support for two-way calling that worked with its Fire TV Cube devices. The feature allowed consumers to make and receive calls from their connected TV to any other Alexa device with a screen. Today, the company is expanding this system to enable support for two-way calling with Zoom. Starting today, […]
Early-stage founders: Beat the clock & buy a $79 Founder pass to TC Disrupt 2021
If you’re an early-stage founder, you’d be wise to make TechCrunch Disrupt 2021 (September 21-23) your must-attend virtual destination. It’s the OG of tech startup conferences, draws more than 10,000 attendees from around the world and features some of the most gifted, visionary minds and makers across the entire tech spectrum. Cash-strapped founders in the […]
Acrew Capital, Jeff Bezos back Colombia-based proptech La Haus’ $100M debt, equity round
La Haus, which has developed an online real estate marketplace operating in Mexico and Colombia, has secured $100 million in additional funding, including $50 million in equity and $50 million in debt financing. The new capital was obtained as an extension to the company’s Series B, the first tranche of which closed in January. With […]
Facebook’s next product will be its long-awaited Ray-Ban smart glasses
Facebook’s booming business is dominated by digital ads, but it also has hardware ambitions beyond VR. During the company’s latest earnings call, CEO Mark Zuckerberg said its next product release would be a pair of smart glasses from Ray-Ban. “The glasses have their iconic form factor, and they let you do some pretty neat things,” the Facebook […]
They’re programmed to work hard and play hard
Industrial robotics are big and heavy — and in some cases, legitimately dangerous. They’re also extremely difficult to train — particularly if you plan to implement them for tasks outside of their purpose-built intentions. There’s huge opportunity for the right AI/software company to come along and help make the bulky systems intended for things like […]
Craft Aerospace’s novel take on VTOL aircraft could upend local air travel
Air taxis may still be pie in the sky, but there’s more than one way to move the air travel industry forward. Craft Aerospace aims to do so with a totally new vertical-takeoff and landing aircraft that it believes could make city-to-city hops simpler, faster, cheaper, and greener. The aircraft — which to be clear […]
PayPal’s new ‘super app’ is ready to launch, will also include messaging
PayPal’s plan to morph itself into a “super app” have been given a go for launch. According to PayPal CEO Dan Schulman, speaking to investors during this week’s second-quarter earnings, the initial version of PayPal’s new consumer digital wallet app is now “code complete” and the company is preparing to slowly ramp up. Over the […]
Nikola founder Trevor Milton indicted on three counts of fraud
Trevor Milton, the fast-talking showman founder of Nikola and the electric truck startup’s former CEO and executive chairman, has been charged with three counts of fraud. Milton “engaged in a fraudulent scheme to deceive retail investors” for his own personal benefit, according to the federal indictment unsealed by U.S. Attorney’s Office in Manhattan on Thursday. […]
Talkiatry lands $20M Series A to go all in on in-network psychiatric care
Talkiatry raised a $20 million Series A to scale a strategy simple in theory yet potentially challenging in execution: bring psychiatry services in-network with insurance providers.
Draft.dev CEO Karl Hughes on the importance of using experts in developer marketing
Developer marketing came up in our conversation with strategic marketing firm MKT1, so we called on content marketing production company Draft.dev's CEO Karl Hughes to learn more.
Swarm debuts $499 Evaluation Kit for consumers and tinkerers
The kit is an all-in-one product that includes a Swarm Tile, the company’s flagship modem device, a VHF antenna, a small solar panel, a tripod, a Feather S2 development board and an OLED.
Hello Divorce raises $2M so that couples can say ‘good-bye’ easier
Divorce is messy and stressful, made even messier and stressful when a couple is unable to go through the legal process because of the cost.
ConverseNow is targeting restaurant drive-thrus with new $15M round
One year after voice-based AI technology company ConverseNow raised a $3.3 million seed round, the company is back with a cash infusion of $15 million in Series A funding.
Nothing Ear (1) review
It’s always exciting to see a new company enter the consumer hardware space — and deliver a solid first product out of the game.
Student labor marketplace Pangea closes $2M seed round
The startup runs a marketplace that links college-age talent to companies in need of their services. Social media and web developer work are popular on the Pangea platform.
Summit invests $215M into Odoo, an open source business management software developer, at a $2.3B+ valuation
Open source has become a major force in the world of IT, and today a startup that has built a profitable operation by developing business management software on the priniciple is announcing a sizable secondary investment on the back of that growth. Odoo — a Belgium-based provider of open-source-based business software that ranges from inventory […]
GGV Capital gave this real estate startup founder a term sheet 48 hours after meeting
Realm, which aims to help homeowners maximize the value of their property with its data platform, has raised $12 million in Series A funding led by GGV Capital. Existing backers Primary Venture Partners, Lerer Hippeau and Liberty Mutual Strategic Ventures also participated in the round, bringing the New York-based startup’s total raised to $15 million. […]
Rocket Lab returns to flight after failed May mission with successful launch for U.S. Space Force
Rocket Lab is back in business launching rockets, after an issue during its last launch in May caused a total loss of the payloads on board. The company was quick to investigate the issue, and announced just over a week ago that it had completed that work, identified the problem and implemented corrective action to […]
Employee engagement platform Culture Amp raises $100M at a $1.5B valuation
Culture Amp was founded in 2009 to let companies conduct anonymous employee surveys, but since then, its focus has expanded to helping employers turn the data they collect into action. The company announced today it has raised $100 million in Series F funding, led by returning investors Sequoia Capital China and TDM Growth Partners. The […]
Exo secures $200M toward commercializing ultrasound device
Exo, pronounced “echo,” is commercializing its handheld ultrasound device and point-of-care workflow platform, Exo Works.
Homebase raises $71M for a team management platform aimed at SMBs and their hourly workers
Small and medium enterprises have become a big opportunity in the world of B2B technology in the last several years, and today a startup that’s building tools aimed at helping them manage their teams of workers is announcing some funding that underscores the state of that market. Homebase, which provides a platform that helps SMBs […]
European Investment Fund puts $30M in Fabric Ventures’ new $130M digital assets fund
Despite their rich engineering talent, Blockchain entrepreneurs in the EU often struggle to find backing due to the dearth of large funds and investment expertise in the space. But a big move takes place at an EU level today, as the European Investment Fund makes a significant investment into a blockchain and digital assets venture […]
Coralogix logs $55M for its new take on production analytics, now valued at $300-$400M
Data may be the new oil, but it’s only valuable if you make good use of it. Today, a startup that has built a new kind of production analytics platform for developers, security engineers and data scientists to track and better understand how data is moving around their networks is announcing a round of funding […]
Connected car insurance startup Flock raises $17M Series A led by Chamath Palihapitiya
Cast your mind back to that scene in Minority Report where all those autonomous cars are whizzing through the city. The more practically-minded of you may well have gone: “Yeah, but what about the insurance…?”. Among the startups building the on-demand, connected insurance world for the vehicles of tomorrow right now are UK-based Zego which […]
Unmuted founder Max van den Ingh on success beyond the metrics
"You have to understand that working at a startup often feels like you’re standing on the edge of a cliff. And that’s also the moment you’re at your most creative."
Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu
Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced today it has returned to lead SODA’s Series C, which currently totals $56.4 million. Other investors include South Korean sneaker reselling platform KREAM (another […]
Twitter shuttering NY, SF offices in response to new CDC guidelines
Just two weeks after reopening its New York and San Francisco offices, social media giant Twitter said Wednesday that it will be closing those offices “immediately.” The decision came “after careful consideration of the CDC’s updated guidelines, and in light of current conditions,” a spokesperson said. “Twitter has made the decision to close our opened […]
Zuckerberg is turning trillion-dollar Facebook into a ‘metaverse’ company, he tells investors
Following the quarterly release of Facebook’s earnings numbers where the company’s CFO takes time to walk analysts through the nitty gritty of the company’s financials, CEO Mark Zuckerberg took a moment to zoom out and wax on the company’s future goals, specifically calling out his ambitions to turn Facebook into “a metaverse company.” “I wanted […]
INKR draws in $3.1M to make more comics accessible to worldwide audiences
INKR is a digital comics platform that crosses cultural and language divides, enabling creators to reach global audiences with its proprietary localization technology. Previously bootstrapped, the company announced today that it has raised $3.1 million in pre-Series A funding led by Monk’s Hill Ventures, with participation from manga distributor TokyoPop founder and chief executive Stu […]
Personalized menopause platform Vira Health raises £1.5M from LocalGlobe, MMC Ventures
A new trend is emerging in the world of startups and, to many, it couldn’t have come too soon. Why are there so few women in senior roles? Women going through menopause are commonly known to drop out of leadership roles, for instance. In the UK, menopause is responsible for about 14 million lost working […]
Spotify’s Clubhouse rival, Greenroom, tops 140K installs on iOS, 100K on Android
Spotify’s recently launched live audio app and Clubhouse rival, Spotify Greenroom, has a long road ahead of it if it wants to take on top social audio platforms like Clubhouse, Airtime, Spoon and others, not to mention those from top social networks, like Twitter and Facebook. To date, the new Greenroom app has only been […]
Ford expects semiconductor rebound, new vehicle demand to increase 2021 profits
Despite semiconductor shortages peaking during the second quarter of 2021, Ford says it delivered better-than-expected operating results by leveraging strong demand for new vehicles, like its Bronco SUV, according to its most recent earnings report. In April, Ford had expected to lose about 50% of its planned Q2 production, resulting in a profit loss for […]
Ford F-150 Lightning electric pickup reservations surpass 120,000
Ford and its F-150 pickup, the automaker’s best-selling vehicle, have consistently inspired brand loyalty from pickup truck owners. According to the J.D. Power 2020 U.S. Automotive Brand Loyalty Study, Ford has a 54.3% loyalty rate. Now as the automaker moves to electrify its fleet, it seems to be bringing in fresh buyers. Ford released Wednesday […]
Daily Crunch: $150M Series D vaults search-as-a-service provider Algolia to $2.25B valuation
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Dear Sophie: Should we sponsor international hires for H-1B transfers and green cards?
"My startup is desperately recruiting, and we see a lot of engineering candidates on H-1Bs. They’re looking for H-1B transfers and green cards. What should we do?"
Facebook will require employees to be vaccinated before returning to campus
Earlier today, Google CEO Sundar Pichai announced that the company will require employees to be vaccinated before returning to work on-site. It was part of a larger letter sent to Google/Alphabet staff that also noted the company will be extending its work-from-home policy through October 18, as the COVID-19 delta variant continues to sweep through […]
Facebook warns of ‘headwinds’ to its ad business from regulators and Apple
Facebook posted its second quarter earnings Wednesday, beating expectations with $29 billion in revenue. The world’s biggest social media company was expected to report $27.8 billion in revenue for the quarter, a 50% increase from the same period in 2020. Facebook reported earnings per share of $3.61, which also bested expectations. The company’s revenue was […]
Ashirase, a Honda incubation, reveals advanced walking assistance system for visually impaired
The system aims to help users achieve more independence in their daily lives by allowing them to feel which way to walk through in-shoe vibrations connected to a navigation app on a smartphone.
Egyptian ride-sharing company Swvl plans to go public in a $1.5B SPAC merger
Queen's Gambit Growth Capital, the women-led SPAC in charge of the deal, called Swvl 'a disruptive platform that solves complex challenges and empowers underserved populations.'
The MKT1 interview: Growth marketing in 2021, hiring versus outsourcing and more
Excerpts from our Twitter Spaces chat with MKT1 founders Emily Kramer and Kathleen Estreich on the growth marketing industry, when to hire a marketer and when a startup should consider outsourcing.
The Lilium electric jet will use batteries manufactured by Germany’s Customcells
'Collaborating with experts, aerospace partners, is a deliberate choice for us,” Lilium chief program officer Yves Yemsi said. 'It will help us to reduce our time to market and still be safe.'
Score a free month of Extra Crunch with your TC Sessions: SaaS 2021 pass
Whether you’re just starting to build your SaaS empire or you’re further along in your journey, you don’t want to miss TC Sessions: SaaS 2021 on October 27. This day-long virtual event, dedicated to the increasingly sophisticated world of software-as-a-service, features some of the sector’s biggest names, plenty of actionable advice and ample opportunity to […]
Drivers for Elon Musk’s Loop get a script about their ‘great leader’
Ask 'Do you like working for him?' and you'll get a response that could have come straight from North Korea: 'Yup, he's a great leader! He motivates us to do great work.'
Snapchat adds My Places feature to Snap Map, recommending spots to visit
This further differentiates the social-forward Snap Map from more established resources like Google Maps and Apple Maps, which you can't really use to find out what restaurants your friends like.
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