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Updated 2024-11-23 03:31
Walmart to sell its e-commerce technologies to other retailers
Walmart’s investments in software and retail technologies it used to transform its business from a brick-and-mortar to one that combines both in-person and online shopping will now be made available to other retailers for the first time, the company announced today. Through a strategic partnership with Adobe, Walmart will integrate access to Walmart’s Marketplace, as […]
Why I make everyone in my company be the CEO for a day
Unsurprisingly, the CEO of the Day program is one of our most popular initiatives. The program gives an employee the reins for 24 hours with an unlimited budget.
Squire, a barbershop tech platform, triples its valuation (again) with Tiger Global
Squire is now a 175-person company with a tech platform used by over 2,000 shops across three continents.
BioNTech founder Uğur Şahin and Mayfield’s Ursheet Parikh are coming to Disrupt
It’s hard to argue that any technology company has had a greater impact in the past decade than BioNTech, the mRNA-based therapeutics pioneer behind the world’s most widely-used COVID-19 vaccine. Developed in record time in partnership with Pfizer, thanks to an existing partnership to work on immunization for the common flu, BioNTech’s mRNA inoculation is […]
Want to work at a Google campus? You’ll need to be vaccinated
While the rise of the Delta variant is extending the company’s work-from-home policy through October 18, it’s not entirely clear what happens after that date.
Fisker invests in EV charging network Allego’s SPAC merger
Fisker is investing $10 million in private-investment-in-public equity (PIPE) funding for the merger of Allego and special purpose acquisition company Spartan Acquisition Corp III.
Shopify’s Q2 results beat estimates as e-commerce shines
Like Microsoft and Apple in the wake of their after-hours earnings reports, Shopify shares are having a muted reaction to the better-than-expected results.
Spotify’s podcast ad revenue jumps 627% in Q2
In the minutes before its quarterly earnings call this morning, Spotify played advertisements for its Originals & Exclusives, like the true crime show “Deathbed Confessions,” and the sex and relationships podcast “Call Her Daddy,” which Spotify recently acquired in a deal worth $60 million. Sure, it’s kind of hilarious to hear a recording of host […]
Financial firms should leverage machine learning to make anomaly detection easier
Anomaly detection is one of the more difficult and underserved operational areas in the asset-servicing sector of financial institutions.
Algramo aims to cut plastic waste with a reusable container ecosystem and $8.5M A round
Single-use plastic containers make up a huge amount of the world’s waste, but so far no one has come up with a good way to replace them that’s also easy for consumers and cost-effective. Algramo may have cracked this nut with a combination of reusable containers and distribution points that both makes and saves money, […]
48-hour countdown to early bird savings on passes to TC Disrupt 2021
What’s big enough, bold enough and influential enough to inspire more than 10,000 people around the world to carve out three days from their intensely busy schedules? If you said TechCrunch Disrupt 2021, the grand matriarch of startup tech conferences, well friend, you’d be right on the money. And speaking of money, you have just […]
Hear Startup Alley companies pitch expert VC judges in upcoming episodes 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 […]
Google unveils its proposed ‘safety section’ for apps on Google Play
In the user interface concept Google debuted today, developers are now able to see how this feature will look to the end user.
Duolingo’s IPO pricing is great news for edtech startups
Duolingo, a consumer edtech company, is now more valuable per revenue dollar than the median public enterprise SaaS business.
QuotaPath raises $21.3M in Insight Partners-led round to help sales teams better track commissions
The startup gives teams a way to streamline the commission process and avoid inaccurate budgets, payouts, and 'unhappy sales reps due to poor sales commission planning, reporting and administration.'
Twitter launches U.S. e-commerce pilot that lets users shop from profiles
Twitter this morning will launch a pilot in the U.S. aimed at testing the potential for e-commerce on its platform. The company is introducing a new “Shop Module” that offers brands, businesses and other retailers the ability to showcase their products to Twitter users directly on the business’ profile. Users will then be able to […]
Calgary’s parking authority exposed driver’s personal data and tickets
If you parked your car in one of the thousands of parking spots across Calgary, there’s a good chance you paid the Calgary Parking Authority for the privilege. But soon you might be hearing from the authority after a recent security lapse exposed the personal information of vehicle owners. The parking authority oversees about 14% […]
What Tesla’s bet on iron-based batteries means for manufacturers
Elon Musk mused that Tesla's batteries may eventually be two-thirds iron-based and one-third nickel-based across its products. 'And this is actually good because there’s plenty of iron in the world.'
Building back better means hiring more workers skilled through alternative routes
When I arrived in the U.S., I applied to countless IT jobs, from customer service to computer repair. Every company rejected me before they even gave me the chance to show what I could do.
China’s regulatory crackdown is good news for startups aligned with CCP goals
Things are changing in China, and the regulatory landscape of tech work in the country won't be the same from here on out.
Relief looks to negotiate on behalf of users struggling with debt
Jason Saltzman is a serial entrepreneur. He first cofounded SeamlessDocs and then went on to found The Alley, a coworking space based out of New York City. Following Alley’s acquisition by Verizon, Saltzman left to build something new and became fascinated with the debt consolidation and relief space. That’s how Relief, cofounded by Saltzman, Bryan […]
Nura finally goes fully wireless with the NuraTrue buds
As I write this, I have no fewer than five recently reviewed earbuds sitting on the desk in front of me. And you know what? They’re all pretty good. Some are better than others, of course — that’s why they invented gadget reviews. But as far as consumer electronics go, the category seemed to mature […]
The mmhmm story and how it plans to spend its $100M
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For our Wednesday show this week, Natasha and Alex Chris had prior Equity guest Phil Libin back for a chat. Libin was first on our show a while back to chat about his startup studio. But since then, he’s been […]
ASCAP Lab highlights a quartet of early-stage music startups
The cohort aims to tackle wide-ranging music industry issues. Some have already laid out commercialization plans, while others came together for the program and haven’t thought that far down the road.
Brain Technologies raises $50M+ for the launch of Natural, a natural language search engine and ‘super app’
Voice-based and other personal assistant apps — which use natural language and hefty AI engines in the backend to source information to address your various questions, do your e-commerce bidding, or control one electronic device or another in your home — have been around for years, but too often they have come up short when […]
Redwood Materials raises $700M to expand its battery recycling operation
The company's post-funding valuation is $3.7 billion, according to a source familiar with the investment round.
Noetic Cyber emerges from stealth with $15M led by Energy Impact Partners
Noetic Cyber, a cloud-based continuous cyber asset management and controls platform, has launched from stealth with a Series A funding round of $15 million led by Energy Impact Partners. The round was also backed by Noetic’s existing investors, TenEleven Ventures and GlassWing Ventures, and brings the total amount of funds raised by the startup to […]
Insurtech startup Spot brings in $17.5M equity, debt to fill insurance gaps for accidental injuries
Spot is tackling affordable healthcare with a digital, on-demand injury insurance product that can be as-is or as a compliment to traditional health insurance.
Launch vehicle startup Isar Aerospace lands an additional $75M in funding
A slew of launch startups have emerged in recent years to help meet growing demand from satellite providers, biotech companies and others looking to send payload to space. One such startup is Germany’s Isar Aerospace Technologies, which is focused on building orbital launch vehicles designed to carry up to 1,000 kilograms to low Earth orbit. […]
Customer engagement platform Dixa raises $105M Series C led by General Atlantic
European customer engagement platform Dixa has raised a Series C funding round of $105 million, led by growth equity investor General Atlantic. Existing investors Notion Capital, Project A, and Seed Capital also participated. In February last year, it raised $36 million in Series B funding, led by Notion Capital, with support from existing investors Project […]
MedRhythms raises $25M to get patients back in tune after a stroke
The company's digital therapy platform works to measure and improve someone’s ability to walk after they have experienced a neurologic injury or disease.
Search API startup Algolia raises $150 million at $2.25 billion valuation
Algolia has raised a $150 million Series D funding round at a post-money valuation of $2.25 billion. Compared to the Series C round from October 2019, the company’s valuation has more than quadrupled. It means that Algolia is now a unicorn with a valuation above $1 billion. The company is best known for its search-as-a-service […]
High-profile entrepreneurs launch $85 million fund to back Indian SaaS startups
Four high-profile Indian entrepreneurs who are among those who kickstarted India’s SaaS journey, building and helping startups scale and win customers globally and also backed about 100 such firms, are ready for their next phase of participation in the country’s startup ecosystem. The group — Girish Mathrubootham of Freshworks, Manav Garg of Eka Corporation, Shubham […]
Contentful raises $175M at a $3B valuation from Tiger for its content delivery service
TechCrunch caught up with Contentful's CEO, Steve Sloan (previously of Twilio and Bessemer), and its comms connect, Brian Spittler (previously of Podium), to dig more into its products.
Atera raises $77M at a $500M valuation to help SMBs manage their remote networks like enterprises do
When it comes to software to help IT manage workers’ devices wherever they happen to be, enterprises have long been spoiled for choice — a situation that has come in especially handy in the last 18 months, when many offices globally have gone remote and people have logged into their systems from home. But the […]
Class, a Zoom-only virtual classroom, nears unicorn status after SoftBank check
Class, a virtual classroom that integrates exclusively with Zoom, announced today that it has raised $105 million in a financing led by SoftBank Vision Fund II. The 10-month old startup has now raised a total of $146 million in known venture funding to date, which eclipses the amount of capital raised by founder Michael Chasen’s […]
Field Intelligence targets 11 African cities to expand its pharmacy inventory-management service
The company's Shelf Life project aims to remedy the inventory-management issues in Africa's retail pharmacies.
Patchwork Health raises £3.5M to fix the staff scheduling disaster inside stressed hospitals
The tyranny of the Excel spreadsheet continues, and especially in rostering staff. Nowhere is this more acutely felt in today’s COVID-pressured hospital wards, which are now depleted not just by the disease but by staff burnout from patchy-over or under-scheduling of staff hours. Two doctors realized this and decided to create a startup. Patchwork Health […]
Joshua Kushner’s Thrive Capital leads $20M investment in Brazilian healthcare startup Pipo Saude
The company's business boomed amid the pandemic. In January 2020, it had two corporate clients. By December of the same year, it had around 70.
Business messaging platform Gupshup raises $240 million from Tiger Global, Fidelity and others
Gupshup, a business messaging platform that began its journey in India 15 years ago, surprised many when it raised $100 million in April this year, roughly 10 years after its last financing round, and attained the coveted unicorn status. Now just three months later, the San Francisco-headquartered startup has secured even more capital from high-profile […]
Colvin raises €45M Series C led by Eurazeo to disrupt the cosy flowers industry
Something very interesting is going on with supply chains, and has been for a while. But it’s clear the pandemic has accelerated the trend. Tech startups are once again cutting out the middle man, but this time at the supply chain level. The opportunity is to replace supply chains with platforms – it’s the ‘platformization […]
Blossom Capital lures Alex Lim from Silicon Valley to join the European tech boom
Alex Lim, a British-born VC based in the Bay Area who invested in Hopin, UiPath, Discord, and many other unicorns has decided to up sticks and leave Sand Hill Road behind for Blossom Capital in London. Blossom is fast making a name for itself both in Europe and internationally, having invested in breakout hits like […]
Indian automobile marketplace Droom valued at $1.2 billion in pre-IPO funding
An online marketplace for automobiles has become the latest Indian startup to attain the coveted unicorn status. Gurgaon-headquartered Droom said on Wednesday it is raising up to $200 million in what it described as a pre-IPO growth funding round. The new investment, part of which has been secured, valued the seven-year-old startup at $1.2 billion, […]
Ivorian fintech Julaya raises $2M to digitize business payments in Francophone Africa
Julaya enables companies to streamline their accounting and improve their operational efficiency by digitizing payments to workers and suppliers instead of relying on cash.
Shikho, an edtech startup focused on Bangladesh’s students, gets $1.3M seed
In Bangladesh, students often rely on after school learning centers for study help or test preparation, but many of the best ones are concentrated in major cities. Edtech startup Shikho was created to make supplementary education more accessible and affordable. The company announced today it has closed a $1.3 million seed round co-led by returning […]
Greywing launches Crew Change to help shipping companies navigate COVID-19 regulations
For fleet managers, managing shipping crew changes across different countries is an elaborate process even in the best of times—and now is definitely not the best of times. Greywing, a Y Combinator-backed platform for automating maritime operations, launched a new solution today that it describes as an industry-first. Called Crew Change, it is used to […]
Cassie the bipedal robot runs a 5K
You may well recognize Cassie as the basis of Agility Robotics’ delivery bot, Digit. If you’ve been following the tech’s progression at all, however, you no doubt know that it started life as the ostrich-inspired Cassie. The robot is all legs and not much else. In addition to fueling Agility’s commercial ambitions, the robot has […]
Daily Crunch: No-code startup Bubble pops with $100 million Series A round
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
iPhone sales fuel Apple’s Wall Street-beating Q3
Another excellent quarter for Apple, as the company posted $81.4 billion in revenue. That’s a 36% year-over-year jump for the company, besting Wall Street estimates of $73.3 billion by a considerable margin. “Our record June quarter operating performance included new revenue records in each of our geographic segments, double-digit growth in each of our product […]
Alphabet crushes Q2 earnings estimates as Google Cloud cuts losses, grows 54%
Today after the bell amidst a deluge of major technology company earnings reports, Alphabet reported its own second-quarter performance.
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