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Updated 2024-11-23 17:31
Investors Clara Brenner, Quin Garcia and Rachel Holt on SPACs, micromobility and how COVID-19 shaped VC
Few people are more closely tapped into the innovations in the transportation space than investors. We talked to three of them.
Google updates its kids online safety curriculum with lessons on gaming, video and more
Google announced today it’s updating and expanding its digital safety and citizenship curriculum called Be Internet Awesome, which is aimed at helping school-aged children learn to navigate the internet responsibly. First introduced four years ago, the curriculum now reaches 30 countries and millions of kids, says Google. In the update rolling out today, Google has […]
Ukrainian police arrest multiple Clop ransomware gang suspects
Multiple suspects believed to be linked to the Clop ransomware gang have been detained in Ukraine after a joint operation from law enforcement agencies in Ukraine, South Korea, and the United States. The Cyber Police Department of the National Police of Ukraine confirmed that six arrests were made after searches at 21 residences in the […]
Companies should utilize real-time compensation data to ensure equal pay
Insights from a digital compensation platform can steer employers in the right direction, ensuring that employee experience is met with equal rewards.
GM increases EV and AV investments to $35B through 2025
General Motors Co. has yet again upped the amount it says it will spend on electric and autonomous vehicle investments, saying Wednesday that it would spend $35 billion through 2025 – an $8 billion increase from its previous plan announced in November 2020. The company has set a target to bring 30 new EVs to […]
HBCUvc’s new million-dollar fund wants to give overlooked investors a track record
HBCUvc, a non-profit organization that wants to diversify the world of venture by rooting itself in historically Black colleges and universities, nearly shut down last year. Founder Hadiyah Mujhid met with her team, an entirely Black and Latinx staff, and warned them that they only had two months left before she would have to shut […]
Yasmin Razavi of Spark Capital will sit in judgment at TechCrunch Disrupt 2021’s Startup Battlefield
Joining us onstage as a judge for TechCrunch Disrupt 2021‘s Startup Battlefield will be Yasmin Razavi, general partner at Spark Capital. Her engineering background and fintech chops should make for incisive questions for the founders presenting. Razavi invests in growth-stage enterprise, fintech and developer companies, but her background is until fairly recently an engineering-focused one. […]
No, NFTs aren’t copyrights
When artists sell their digitally minted artwork as a non-fungible token, they usually aren’t selling the underlying copyright — but there are overlaps.
Dear Sophie: Is it possible to expand our startup in the US?
I launched a startup in Iran, and I’m happy to say it’s thriving. I'd like to expand in California. Now that Biden has eliminated the Muslim ban, is it possible? Is the pandemic still a problem?
On a growth tear, DuckDuckGo reveals it picked up $100M in secondary investment last year
Privacy tech continues cooking on gas. To wit: Non-tracking search engine DuckDuckGo has just revealed that it beefed up its balance sheet at the back end of last year with $100 million+ in “mainly secondary investment” — from a mix of existing and new investors. Its blog post name-checks Omers Ventures, Thrive, GP Bullhound, Impact America […]
Introhive raises $100M for AI-powered sales tools to help companies build ‘relationship graphs’
By its nature, sales is one of the most social faces of a business, so it’s no surprise that there are tools being built for sales teams that are tapping into some of the most interesting dynamics of the world of social networking, and that the startups that are doing this most successfully are making […]
Self-driving trucks startup Kodiak Robotics snags investment, partnership from Bridgestone
Tire-making giant Bridgestone has taken a minority stake in Kodiak Robotics, the Silicon Valley-based startup developing autonomous trucks, as part of a broader partnership to test and develop smart tire technology. While the terms of the deal weren’t disclosed, Kodiak Robotics co-founder and CEO Don Burnette told TechCrunch that this is a direct financial investment. […]
Waymo, Alphabet’s self-driving arm, raises $2.5B in second external investment round
Waymo, Google’s former self-driving project that is now a business unit under Alphabet, said Wednesday it raised $2.5 billion in its second outside funding round. The company said in a blog post it will use the funds to continue growing Waymo Driver, its autonomous driving platform, and growing its team. The round saw participation from […]
Wonderschool’s Chris Bennett and investor Marlon Nichols will break down the path to seed-stage funding
Extra Crunch Live is all about helping founders build better venture-backed businesses. Naturally, we do this by having candid conversations with founders and their investors. On an upcoming episode of Extra Crunch Live, we’ll sit down with MaC Venture Capital founding managing partner Marlon Nichols and Wonderschool co-founder and CEO Chris Bennett. REGISTER HERE FOR […]
Every startup needs an in-house senate
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, Natasha and Danny unpacked the Expensify EC-1, which includes a ton of surprises, building tips, and, as we discuss in the show, some life lessons as well. This is our largest EC-1 to […]
Honey Insurance launches with $15.5M AUD, the largest seed round ever for an Australian tech startup
When Richard Joffe moved his family to Australia in 2019, he said applying for home insurance “was like traveling back in time 30 years.” “I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. They never contacted me aside from my renewal,” he told TechCrunch. […]
Hybrid events platform Brella raises $10M Series A led by Connected Capital
Hybrid event platform Brella has raised a $10M Series A funding round led by Connected Capital. Normally used as an offline networking app, Brella pivoted from live events into a virtual event platform after the pandemic hit. The company counts Informa, Marcus Evans, Questex and IQPC as customers Markus Kauppinen, CEO and Founder of Brella […]
Cannabis and digital health start-up Sanity Group closes $44.2M Series A led by Redalpine
Berlin-based cannabis and digital health start-up Sanity Group has closed a $44.2M Series A financing round led by Swiss VC Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of cannabis funding in Europe to date and brings total investment in Sanity […]
Spotify launches its live audio app and Clubhouse rival, Spotify Greenroom
In March, Spotify announced it was acquiring the company behind the sports-focused audio app Locker Room to help speed its entry into the live audio market. Today, the company is making good on that deal with the launch of Spotify Greenroom, a new mobile app that allows Spotify users worldwide to join or host live […]
With iOS 15, Apple reveals just how far Health has come — and how much further it can go
Apple’s recent Worldwide Developers Conference (WWDC) keynote was packed with new features for iPhones, Macs and iPads — and like it has done pretty consistently since the debut of its original ‘Health’ app in 2014, those included updates focused on personal health and wellness. Often, it’s impossible to assess the impact of the work Apple […]
Bringg nabs $100M at a $1B valuation for a last-mile delivery platform for retailers
With many consumers making the switch to online shopping in the last year due to Covid-19 and largely staying active on those platforms even after physical shops and the freedom to move about them have been restored, companies that are enabling those services are continuing to see a lot of business and attention. In the […]
BrowserStack valued at $4 billion in $200 million BOND-led funding
Yet another SaaS startup, which began its journey in India, has attained the much coveted unicorn status. BrowserStack, a startup that operates a giant software testing platform, said on Wednesday it has raised $200 million in a new financing round that valued the 10-year-old firm at $4 billion. BOND led the Dublin and San Francisco-headquartered startup’s Series […]
Your boss might tell you the office is more secure, but it isn’t
For the past 18 months, employees have enjoyed increased flexibility, and ultimately a better work-life balance, as a result of the mass shift to remote working necessitated by the pandemic. Most don’t want this arrangement, which brought an end to extensive commutes and superfluous meetings, to end: Buffer’s 2021 State of Remote Work report shows […]
Novo, a neobank for SMBs, banks $41M
Small businesses have traditionally been underserved when it comes to IT — they are too big and have too many requirements that can’t be met by consumer products, yet are much too small to afford, implement or thoroughly need apps and other IT build for larger enterprises. But when it comes to neobanks, it feels […]
Adtech ‘data breach’ GDPR complaint is headed to court in EU
New York-based IAB Tech Labs, a standards body for the digital advertising industry, is being taken to court in Germany by the Irish Council for Civil Liberties (ICCL) in a piece of privacy litigation that’s targeted at the high speed online ad auction process known as real-time bidding (RTB). While that may sound pretty obscure […]
Gloat raises $57M to reinvent the internal job board
A lot of the focus in recruitment these days has been on better technology to connect people to job opportunities at new organizations, but that also leaves a wide opening to focus on one of the other big funnels for finding work: internal transfers. Today, a startup that is building tools to improve that experience […]
Polestar to build its first all-electric SUV in the United States
Polestar, Volvo Car Group’s standalone electric performance brand, will manufacture its first all-electric SUV in the United States. The automaker said Wednesday that the Polestar 3 will be assembled at a plant shared with Volvo Cars at a factory in Ridgeville, South Carolina. The Polestar 3 follows the all-electric Polestar 2 sedan and the hybrid […]
Denmark’s Templafy raises $60M for its B2B SaaS platform that does business document creation
Templafy, a Denmark-born B2B SaaS platform that does business document creation, has raised a $60 million D round of funding led by Blue Cloud Ventures. All previous investors also participated, including Insight Partners, Seed Capital, Dawn Capital and Damgaard Company. Templafy has now raised a total of $125 million. To some extent, Templafy competes with […]
Trigo bags $10M for computer-vision based checkout tech to rival Amazon’s ‘Just Walk Out’
While Amazon continues to expand its self-service, computer-vision-based grocery checkout technology by bringing it to bigger stores, an AI startup out of Israel that’s built something to rival it has picked up funding and a new strategic investor as a customer. Trigo, which has produced a computer vision system that includes both camera hardware and […]
Early-stage venture firm The Fund launches in Australia
The Fund, the early-stage investment firm focused on pre-seed and seed startups, is going Down Under for its latest expansion. The Fund was founded in New York in 2018, before launching in Los Angeles, London, the Rockies and the Midwest, too. Co-founder Jenny Fielding, who is also managing director at Techstars New York, said The […]
EV battery swapping startup Ample charges up operations in Japan, NYC
EV battery swapping startup Ample has locked in two partnerships this month that will help fuel an expansion into Japan and New York City after years of working on the technology. The startup, which was founded in 2014 and came out of stealth in March, said Tuesday it has partnered with Japanese petroleum and energy […]
Apna raises $70 million to help workers in India secure jobs
Indian cities are home to hundreds of millions of low-skilled workers who hail from villages in search of work. Many of them have lost their jobs amid the coronavirus pandemic that has slowed several economic activities in the world’s second-largest internet market. Apna, a startup by an Apple alum, is helping millions of such blue […]
Lordstown Motors execs cite binding orders to restore confidence a day after CEO, CFO resignations
Lordstown Motors has enough “binding orders” from customers to fund limited production of its electric pickup truck through May 2022, executives at the company said Tuesday, just a day after an executive shakeup that included the resignation of the company’s CEO and CFO. Reaching that goal will come at a cost. The company is putting […]
10x, a UK fintech, raises $187M to build new services for old banks
As so-called neobanks continue to gain more traction in the market with their more modern takes on banking and other financial services, a startup that’s building technology to help incumbent players better compete is announcing a big round of funding. 10x Future Technologies, a London-based fintech that helps larger, established banks build both next-generation services […]
Biden admin will share more info with online platforms on ‘front lines’ of domestic terror fight
The Biden administration is outlining new plans to combat domestic terrorism in light of the January 6 attack on the U.S. Capitol and social media companies have their own part to play. The White House released on Tuesday a new national strategy on countering domestic terrorism. The plan acknowledges the key role that online platforms […]
FamPay, a fintech aimed at teens in India, raises $38 million
How big is the market in India for a neobank aimed at teenagers? Scores of high-profile investors are backing a startup to find out. Bangalore-based FamPay said on Wednesday it has raised $38 million in its Series A round led by Elevation Capital. General Catalyst, Rocketship VC, Greenoaks Capital and existing investors Sequoia Capital India, […]
Edtech investors are flocking to SaaS guidance counselors
“If you’re not going to an Ivy League, which is most of the world, you need better support than just going to a website.”
Daily Crunch: In $1.2B deal, EV battery maker Solid Power files to go public
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Scale AI CEO Alex Wang weighs in on software bugs and what will make AV tech good enough
Scale CEO Alex Wang joined us at TechCrunch Sessions: Mobility 2021 to discuss his company's role in the autonomous driving industry and how it's changed in the five years since its founding.
Uberall raises $115M, acquires MomentFeed to scale up its location marketing services
Location-based services may have had their day as a salient category for hot apps or innovative tech leveraging the arrival of smartphones, but that’s largely because they are now part of the unspoken fabric of how we interact with digital services every day: We rely on location-specific information when we are on search engines, when […]
Extra Crunch roundup: TC Mobility recaps, Nubank EC-1, farewell to browser cookies
What, exactly, are investors looking for?
Chinese startup Pony.ai plans to launch a driverless robotaxi service in California in 2022
Pony.ai, the robotaxi startup that operates in China and the United States, has started testing driverless vehicles on public roads in California ahead of plans to launch a commercial service there in 2022. The company said the driverless vehicle testing, which means the autonomous vehicles operate without human safety drivers behind the wheel, is happening […]
Meet the mobile therapy startup backed by Christian Angermayer’s re:Mind Capital
Mental health startup Ksana Health has received $2 million in seed funding led by re:Mind Capital, the mental health VC arm of Christian Angermayer and Apeiron Investment Group. It’s a move informed by two trends: passive data collection, and a burgeoning mental health crisis in teens and young adults. Ksana Health is an Oregon-based company […]
Founders Ben Schippers and Evette Ellis are riding the EV sales wave
EV sales are driving demand for services and startups that fulfill the new needs of drivers, charging station operators and others.
Telecom giant MTN said to have warned Nigerians of service disruption
Subscribers of MTN, the largest telecom provider in Nigeria, may soon face service disruption in the West African nation, according to a notice seen by some journalists and outlets. A rise in insecurity challenges in Nigeria is likely to disrupt MTN’s service, Reuters and others said, citing an alert from customer service reps. Throughout this […]
How to identify unicorn founders when they’re still early-stage
The easiest traits to recognize as an investor is the founder’s ability to ace the fundraising process, crucial to which is the ability to think strategically and influence, inspire and persuade.
Facebook CEO Mark Zuckerberg hosts first test of Live Audio Rooms in U.S.
In April, Facebook announced a slew of new audio products, including its Clubhouse clone, called Live Audio Rooms, which will be available across both Facebook and Messenger. Since May, Facebook has been publicly testing the audio rooms feature in Taiwan with public figures, but today the company hosted its first public test of Live Audio […]
Solar concentration startup Heliogen basks in $108M of new funding
Sunlight is a great source of energy, but it rarely gets hot enough to fry an egg, let alone melt steel. Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace to a few game mines and refineries. We […]
Tech antitrust crusader Lina Khan is confirmed as FTC commissioner
The Senate confirmed big tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner Tuesday, signaling a new era of scrutiny for the tech industry. Khan was confirmed in a 69-28 vote, with Republicans joining Democrats in a rare show of bipartisan support for Khan’s ideas on reining in tech’s most powerful companies. An […]
Europe’s tech leaders define a strategy to create tech giants
A group of 200 startup founders, investors, associations and government members are backing a manifesto and a set of recommendations in order to create the next wave of tech giants in Europe. Today, French President Emmanuel Macron is hosting an event in Paris with some of the members of this group called Scale-Up Europe. Companies, […]
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