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Updated 2024-11-23 14:01
TechCrunch July 4th event sale: 2-for-1 passes on all TechCrunch events
Calling all savvy shoppers across the startup stratosphere. We’re about to roll into a long holiday weekend here in the States, and we’re in the mood to celebrate. In true American style, we’re offering a Fourth of July sale on tickets to not one, not two, not three but all FOUR TechCrunch events. Our four-event […]
TikTok expands max video length to 3 minutes, up from 60 seconds
TikTok is embracing longer videos. The company announced this morning it will roll out the option to create videos of up to 3 minutes in length after first testing the change with a larger number of creators over the past several months. Previously, TikTok videos could be up to 60 seconds in length, after initially […]
After bootstrapping since 2002, Articulate raises $1.5B on $3.75B valuation
Most companies don’t announce their first venture investment after almost 20 years in the business, nor do they announce that round is the equivalent of a good startup’s entire private fundraising history. But Articulate, a SaaS training and development platform, is not your typical company and today it announced a whopping $1.5 billion investment on […]
German government bodies urged to remove their Facebook Pages before next year
Germany’s federal information commissioner has run out of patience with Facebook. Last month, Ulrich Kelber wrote to government agencies “strongly recommend[ing]” they to close down their official Facebook Pages because of ongoing data protection compliance problems and the tech giant’s failure to fix the issue. In the letter, Kelber warns the government bodies that he […]
An email sent by One Medical exposed hundreds of customers’ email addresses
Primary care company One Medical has apologized after it sent out an email that exposed hundreds of customers’ email addresses. The email sent out by One Medical on Wednesday asked to “verify your email,” but one email seen by TechCrunch had more than 980 email addresses copied on the email. The cause: One Medical did […]
Pinterest updates policy to prohibit ads promoting weight loss
Starting today, Pinterest will prohibit all advertisers from sharing ads that promote weight loss. This includes any language and imagery that encourages weight loss, promotes weight loss products, idealizes certain body types, or references the BMI (which is often a poor indicator of overall health). This makes Pinterest the first major social media platform to […]
Codat raises $40M from Tiger for its SMB-focused API service
This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global. The company raised $10 million in a Series A around a year ago that Index led; Codat also raised some strategic capital in the interim, but […]
Duolingo Director of engineering Karin Tsai talks opinionated development
Karin Tsai joined Duolingo in 2012 and is now the director of engineering. Yesterday, at TechCrunch’s City Spotlight: Pittsburgh, she spoke on the company’s extensive development process and unique culture. This interview was pre-recorded and aired a day after the company filed its SEC Form S-1 ahead of its initial public offering. As per SEC […]
Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank
Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group, Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America. The funding comes just months after São Paulo-based Mercado Bitcoin’s […]
Tiger Global in talks to back Indian fintech Yap
Tiger Global is in advanced stages of talks to back Indian embedded finance startup Yap, according to more than half a dozen people familiar with the matter. The New York-headquartered firm is in talks to lead a $35 million financing round in Yap — also known as YapPay and M2P — that values the Bangalore-headquartered […]
Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy
Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them delivered in minutes, has grown its business up to now organically: targeting urban markets across Europe (and soon the U.S.) where it is disrupting the well-stocked cornershop with a […]
Goodbye CVs — As work went remote, companies flocked to a startup dumping CVs for skill tests
As companies scrambled to re-orient themselves last year during the pandemic, one thing was clear: the shift to remote working had come sooner than anyone expected. With this came a fundamental shift in how businesses would have to hire new talent. And the question was, were managers going to laboriously sift through CVs in a […]
Germany’s icon group VC bets $30M to back startups enabling traditional companies to pivot
Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of the company from a full-service innovation agency into also offering VC backing. iconmobile has garnered a reputation as an innovative technology, design, and sustainability agency, but the turnaround means it will […]
Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe
“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little as 10 or 15 minutes. But today a startup that’s built a much bigger proposition — a virtual […]
Uber’s first head of data science just raised a new venture fund to back nascent AI startups
Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left. […]
Nodes & Links raises $11M to — maybe — save billions on the big projects the world needs now
Nodes & Links is a scheduling platform for large-scale infrastructure projects which works out when the nuts and bolts for the bridge (for example) should be delivered, and in what order. Unsurprisingly, complex infrastructure projects often get this wrong. The company has now raised an $11 million Series A funding round led by urban sustainability-focused […]
VividQ, which has raised $15M, says it can turn normal screens into holographic displays
VividQ, a UK-based deeptech startup with technology for rendering holograms on legacy screens, has raised $15 million to develop its technology for next-generation digital displays and devices. And it’s already lining up manufacturing partners in the US, China and Japan to do it. The funding round, a Seed extension round, was led by UTokyo IPC, […]
Daily Crunch: Insecure server exposes Byju’s students’ names, phone numbers, emails and more
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Lego should snap up this rapid-fire brick-finding iOS app
Lego has worked extremely closely with Apple over the years, experimenting with unreleased iOS tech and demoing it onstage at launch events like WWDC; this has included some pretty heavy tinkering on the augmented reality ARKit platform that they’ve integrated several of their play sets with, adding digital experiences to the physical toys. But one […]
Dispense with the chasm? No way!
Pragmatic customers are being forced to adopt because they are under duress. It is not that they buy into the vision of software eating the world. It is because their very own lunches are being eaten.
SpaceX delivers 88 satellites to orbit, lands first stage onshore for first time in 2021
SpaceX launched 85 satellites for external customers, as well as three Starlink satellites, to orbit on Tuesday, marking the second successful launch of the company’s dedicated rideshare missions. While the Transporter-2 mission will deliver fewer objects to space than the first rideshare mission (the Transporter-1 sent up 143 satellites, a new record), it launched more […]
BMW i Ventures announces new $300 million fund to invest in sustainable technology
BMW i Ventures, the venture capital arm of BMW Group, has announced a new $300 million fund to further its investment in technologies that make transportation, manufacturing and supply chains more sustainable. The firm doesn’t operate as a traditional corporate venture capital fund, but rather acts independently from BMW while being fully backed by the […]
Women’s social network Peanut launches microfund StartHER to invest in pre-seed stage startups
Peanut, the maker of a social networking app for women, is entering into the investing space with today’s launch of a microfund called StartHER. As the name implies, the new fund will focus on investing in women, as well as other historically excluded founders “of all ages, life stages, ethnicities and sexual orientations,” the company says. […]
Volvo Cars sets the tone for its next-gen vehicles with ‘Concept Recharge’ EV
Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles might look like. But it’s not going to do it alone. Although the automaker plans on developing its own in-car operating system and other parts […]
How to cut through the promotional haze and select a digital building platform
Most buildings are beginning their digital transformation and are looking for ways to bring people back, keep people healthy and create environments where people want to spend time.
Look out language teachers, a synthetic human could be about to take your job
Hour One, a startup that allows businesses to create ‘photoreal’ presenters which can speak pre-set any text or any language in a highly realistic manner, has signed a deal with Berlitz. The language learning giant will use the platform to augment its instructor-led services and grow its online language training programs in a way that […]
Slack’s new voice, video tools should fit nicely on Salesforce platform after deal closes
It’s easy to forget, but Salesforce bought Slack at the end of last year for almost $28 billion, a deal that has yet to close. We don’t know exactly when that will happen, but Slack continues to develop its product roadmap adding new functionality, even while waiting to become part of Salesforce eventually. Just this […]
Apple just released the first iOS 15 beta to everyone
This is your opportunity to get a glimpse of the future of iOS, iPadOS and watchOS. Apple just released the first public beta of iOS 15, iPadOS 15 and watchOS 8. Those releases are the next major versions of the operating systems for the iPhone, iPad and Apple Watch. Unlike developer betas, everyone can download […]
Common Sense Networks launches Sensical, a free, hand-curated streaming service for kids
Common Sense Media has made a name for itself among parents as a useful resource for vetting entertainment and technology in terms of its age-appropriateness. Now, the organization’s for-profit affiliate, Common Sense Networks, is taking inspiration from those kid-friendly recommendations with the launch of new streaming service called Sensical. The service offers age-appropriate, entertaining, and […]
Demand Curve: 7 ad types that increase click-through rates
Here are seven ad types that have proven to increase click-through rates (CTR), with examples of each. Clone them to test in your own social ad campaigns.
Pietra raises $15M from Founders Fund to help creators launch their own product lines
In the white-hot creator economy space, startups are increasingly looking to build paint-by-numbers platforms to help budding creators more easily execute on what were once seemingly insurmountable business challenges. The ex-Uber team at Pietra is cashing in on this vision with a plan to build a backend for launching and scaling creator product lines. The […]
Amazon betrays its fear with petition to sideline FTC Chair and antitrust hawk Lina Khan
Amazon has petitioned that the newly minted Chair of the FTC and implacable critic of the company, Lina Khan, be recused from decisions relating to the company. The company argues that she has been too outspoken about the failure to regulate Amazon to handle matters impartially. It will be for the FTC to decide, and […]
SWORD Health closes on $85 million Series C for virtual MSK care
SWORD Health, a virtual musculoskeletal care platform founded in 2015, announced today that it has raised an $85 million Series C funding round led by General Catalyst. Other participating investors included BOND, Highmark Ventures, BPEA, Khosla Ventures, Founders Fund, Transformation Capital and Green Innovations. The funding comes months after the company raised a $25 million […]
Virgin Orbit successfully launches its first commercial payloads to space
Virgin Orbit had a successful first commercial launch, meaning there’s now officially another small satellite launch provider in operation with a track record of delivering payloads to space. Virgin Orbit’s LauncherOne rocket took off from its carrier aircraft at around 11:45 AM EDT today, and the spacecraft had a successful series of engine fires and […]
DOJ files 7 new charges against alleged Capital One hacker
The U.S. Department of Justice (DOJ) has filed seven new charges against Paige Thompson, the former Amazon Web Services (AWS) engineer accused of hacking Capital One and stealing the personal data of more than 100 million Americans. The new charges, which include six counts of computer fraud and abuse and one count of access device […]
Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit
Australian rocket launch startup Gilmour Space Technologies is betting that bigger isn’t always better. The company has developed a small launch vehicle it calls Eris, a 25-meter (82 foot) rocket that can deliver a payload of up to 215 kilograms (474 pounds) to sun synchronous orbit. Now, it’s raised a $61 million AUD ($46 million […]
5 reasons why should you attend TC Early Stage 2021: Marketing
It’s almost go-time for all you early-stage startup founders. That’s right, on July 8-9 thousands of determined entrepreneurs around the world will gather virtually for the best little two-day bootcamp we like to call TC Early Stage 2021: Marketing and Fundraising. Two days focused on the bottom-line essentials to build your start up the right […]
Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community
Over the past year, there has been a surge of newly formed digital banks aimed at specific demographics. The banks in nearly all cases are trying to meet the needs of certain populations that they believe are feeling left out or underserved by traditional financial institutions. The latest such neobank to emerge is New York-based […]
Concert livestreaming platform Mandolin raises $12M
Mandolin just marked its first birthday earlier this month, and yet the Indianapolis-based startup is already announcing a $12 million Series A. That’s a quick follow up to the $5 million seed it raised in early October of last year. Turns out the global pandemic is a pretty fortuitious time to launch and grow a […]
For US and Chinese startups, the IPO market is increasingly a two-tier affair
While many Chinese companies are seemingly struggling to find the demand that they expect for their shares on American exchanges, domestic companies are seeing some opposite results.
Instagram is developing its own version of Twitter’s Super Follow with ‘Exclusive Stories’
Instagram is building its own version of Twitter’s Super Follow with a feature that would allow online creators to publish “exclusive” content to their Instagram Stories that’s only available to their fans — access that would likely come with a subscription payment of some kind. Instagram confirmed the screenshots of the feature recently circulated across […]
Cityblock’s Iya Romm and Maverick Ventures’ Ambar Bhattacharyya are joining us on Extra Crunch Live
If the pandemic achieved anything good, it was putting health front and center in the minds of the general public, elected officials, investors and innovators. Cityblock has been working on solutions for bringing together the healthcare industry and communities since long before now, but it raised a total of $372 million spanning December through March, […]
Fewer CEOs are serving on outside boards. That’s good (and bad)
Increased diversity on boards isn’t just a great development by itself; board experience positions members well for future leadership roles, getting more women and people of color into corner offices.
Bessemer replaces board member at Hinge Health following competitive tensions
Board tensions at Hinge Health, a San Francisco-based digital health unicorn, have caused Bessemer Venture Partners to switch up its board director seat, replacing the original investor at the chair with a different one. Hinge Health co-founder and CEO Daniel Perez says BVP’s original board seat went to the partner who led the his company’s […]
Microsoft says a third of its government data requests have secrecy orders
Microsoft’s customer security chief says as many as one-third of all government demands that the company receives for customer data are issued with secrecy clauses that prevents it from disclosing the search to the subject of the warrant. The figure was disclosed in testimony by Microsoft’s Tom Burt ahead of a House Judiciary Committee on […]
Twitter is making NFTs now, apparently
No, it’s not April Fool’s Day. But Twitter’s entire account has been taken over by NFTs. As its new header reads: “I’ve stopped moisturizing because tweeting about NFTs is keeping me young now.” If that’s true, the Twitter bird is going to look like a little baby duckling by the end of the day. This […]
Facebook and Matterport collaborate on realistic virtual training environments for AI
To train a robot to navigate a house, you either need to give it a lot of real time in a lot of real houses, or a lot of virtual time in a lot of virtual houses. The latter is definitely the better option, and Facebook and Matterport are working together to make thousands of […]
Slack’s new video and voice tools are nod to changing face of work
Slack started talking about a new set of communications tools to enhance the text-based channels at the end of last year. Today the company released a new audio tool called Slack Huddles and gave more details on a couple of other new tools including the ability to leave a video message and an enhanced employee […]
Gusto is now offering pieces of its service to other companies via API
This morning Gusto, a unicorn that sells payroll and benefits management software, announced that it will now offer part of its service via an API to external platforms. The new product, dubbed Gusto Embedded Payroll, will allow vertical SaaS companies to provide payroll support to their own customers. The move to provide elements of its […]
Dear economy, creators aren’t fragile plants
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. For this week’s deep dive, Alex and Natasha brought on Alexis Gay, a former operator at Patreon who now makes her living as comedian and podcast host, to talk about the creator economy — including our disdain for that horrid phrasing. You […]
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