Crunch Hype

The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture fund and an $800 million growth-stage fund from its existing LPs, including many of the foundations, endowments and family offices that have backed the firm […]

There isn’t one right way to raise capital, and authenticity above all is what will make your round a successful one.

Spin, the Ford-owned micromobility operator, has added a new CEO, launched a new strategy to capture market share and announced a plan to get back into bike share, although this time with an electric twist. The flurry of moves suggest that Spin is still trying to figure out the best path forward to push past […]

Google has selected 30 startups to receive a share of its $2 million Black Founders Fund in Europe, providing these companies with a spot of cash, some valuable cloud services and a bit of good old-fashioned networking among the Google crew. The fund was announced last fall as part of a company-wide effort toward “building […]

Waymo One, the ride-hailing service that uses driverless vehicles in the suburbs of Phoenix, can now be accessed and booked through Google Maps. This will be the first fully autonomous ride-hailing option available in the app, which will roll out first to Android users, Waymo said Thursday. The team-up not only brings together two Alphabet […]

SpaceX’s Dragon capsule is once again heading to the International Space Station. The company launched its 22nd Commercial Resupply Services (CRS) mission for NASA on Thursday. This is the fifth capsule SpaceX has sent to ISS in the last 12 months, SpaceX director of Dragon mission management Sarah Walker noted in a media briefing Tuesday. […]

The Supreme Court has ruled that a police officer who searched a license plate database for an acquaintance in exchange for cash did not violate U.S. hacking laws. The landmark ruling concludes a long-running case that clarifies the controversial Computer Fraud and Abuse Act, or CFAA, by putting limits on what kind of conduct can […]

It’s been a busy week for private equity with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Today Blackstone bought media and data company IDG for $1.3 billion. The company had been owned by Oriental Rainbow, LLC, a subsidiary of China Oceanwide Holdings Group, Co. Ltd. With IDG, Blackstone gets […]

Hormones are key to solving many health conditions that disproportionately impact women, from diabetes to infertility to mental health challenges.

Disrupt 2020 was an absolute banger of a conference, but we’re not ones to rest on our laurels. We have an incredible Disrupt in store for you this September 21-23, with an amazing line up of speakers across the hottest of topics, like crypto, health/biotech, SPACs, the creator economy, and the usual spread of startup […]

Simplified, a marketing-focused design software looking to take on Canva, has raised $2.2 million in seed funding led by Craft Ventures. Superhuman’s Rahul Vohra and Todd Goldberg, former Uber CPO Manik Gupta, Pelican Ventures Ajay Yadav (also Roomie founder), Form Capital, 8Bit Capital, Early Grey Capital, GFR Fund, MyAsia VC and others participated in the […]

Twitter is updating its app to make its audio chat room feature, Twitter Spaces, a central part of the user experience. Today, the company will begin to roll out a dedicated tab for Twitter Spaces in the main navigation bar of its mobile app, initially on iOS to select users. The feature will see Twitter […]

Get ready to spend a full day rubbing virtual elbows with the global mobility community’s best and brightest minds and makers. TC Sessions: Mobility 2021 takes place June 9, and we’ve packed the agenda with experts, interviews, demos, panel discussions, breakout sessions and a metric ton of opportunity. Pro tip: It’s not too late to […]

The agriculture sector is ripe for technological improvements, but beyond satellite-based crop management and bees-as-a-service, the actual people who work in the fields should be benefiting as well. Ganaz, empowered by a $7M A round, aims to change how people with little documentation and no bank account get paid and send money with a modern […]

Google does a lot of things well. But hardware strategy has never really been among them. The last several years have seen the company at least finding some consistency with its Pixel and Nest devices. But the former, in particular, has continued to struggle as the company has worked to find its footing in an […]

VC funds Frst and Fabric Ventures are teaming up to create Le Crypto Fellowship. With this program, the two firms want to find the next 10 crypto entrepreneurs in France. And they think they might foster the most promising crypto startups if they don’t have any preconceived idea and team yet. As Pierre Entremont from […]

What happens to technology companies with slowing growth and a rising focus on profitability before they reach behemoth scale? How much does the market value hypergrowth?

Locus (not to be confused with this Locus) is one of those names that’s been popping up a lot in the news — and this roundup — over the past year. Last time we spoke to the Massachusetts company, it was around a sizable raise — $150 million to be nearly precise. That effectively valued […]

Roku is expanding its programming for its free content hub, The Roku Channel, with today’s launch of its own weekly entertainment program called “Roku Recommends.” The 15-minute show will leverage Roku’s data to highlight the Top 5 titles for viewers to stream that week. While not exactly “original programming” the way that Roku’s recent additions […]

Boston-based Realtime Robotics this morning announced a $31.4 million round. The funding is part of the $11.7 million Series A the company announced all the way back in late 2019. Investors include HAHN Automation, SAIC Capital Management, Soundproof Ventures , Heroic Ventures, SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures and Duke Angels. […]

Early-stage startups are increasingly looking for alternative ways to access capital, meaning not every company wants to raise money from VCs or take on debt. In recent years, a flurry of startups have emerged to give companies other options. (Think Pipe, for example.) And today, San Francisco-based Architect Capital is a new firm that is […]

Nextdoor, the app that helps neighbors connect, launched a new feature called Free Finds today, which will help people browse the free items available in their neighborhoods. Since the start of 2020, monthly listings to buy, sell, and give away items on Nextdoor have increased by 80%, but 25% of these listings advertised free stuff. […]

Japanese multinational conglomerate Fujifilm has been forced to shut down parts of its global network after falling victim to a suspected ransomware attack. The company, which is best known for its digital imaging products but also produces high tech medical kit including devices for rapid processing of COVID-19 tests, confirmed that its Tokyo headquarters was hit […]

The governing party of the UK has been fined £10k by the national data protection watchdog for sending spam. The Information Commissioner’s (ICO) Office has sanctioned the Conservative Party following an investigation triggered by complaints from 51 recipients of unwanted marketing emails sent in the name of prime minister, Boris Johnson. The emails in question […]

Our relationship with fashion has changed, not just because of the pandemic. Months in lockdown means people are probably more aware of their fashion purchases and how they consume, given its been such a long time without socialising. But the oft-talked about ‘Clueless wardrobe’ which would allow women to both see into their collections, as […]

Ford is adding a new entry-level truck called Maverick to its lineup as the automaker seeks to offer pickups at every price level in this increasingly competitive market. The company said Thursday it will debut the vehicle June 8, including on its new Tiktok channel. The automaker tapped actress Gabrille Union to do the official […]

Twitter today is officially launching its first-ever subscription service, Twitter Blue, initially in Australia and Canada. The subscription will allow Twitter users to access premium features, including tools to organize your bookmarks, read threads in a clutter-free format and take advantage of an “Undo Tweet” feature — which is the closest thing Twitter will have […]

Builders, creators and developers, this one’s for you! TechCrunch has always been about discovering fresh solutions and shining the light on exciting, new products that have the potential to make a difference. Our past hackathons have been the breeding ground for products like Alexa Shop Assist, Quick Insurance, reVIVE and GroupMe who went on to […]

Gong, the revenue intelligence startup, has been raising capital at a rapid pace, and today the company announced another $250 million on a $7.25 billion valuation, a number that triples its previous valuation from last summer. Franklin Templeton led today’s festivities with participation from Coatue, Salesforce Ventures, Sequoia, Thrive Capital and Tiger Global. The company […]

Joor, an online marketplace that connects fashion brands and retailers around the world, has opened its first China office in downtown Shanghai as it eyes growth in the region. The 11-year-old New York-based company works as a virtual showroom for brands, which traditionally would meet with their retail partners in physical venues to showcase the […]

Low Earth orbit is full of stuff: not only bits of debris and junk, but also satellites — the number of which is growing rapidly alongside the decreasing cost of launch. This can occasionally pose a problem for satellite providers, whose valuable spacecraft run the risk of colliding with other satellites, or with the many […]

As more people return to the office over the next few months, companies will have to work harder than ever to make sure the environment is comfortable and inviting. One company that is out to ease the pain of millions of employees leaving the comfy confines of their homes and losing the convenience of conducting […]

NUE Life Health, a telemedine startup in the USA, is developing what it describes as a “next-generation mental wellness solution” employing treatments such as psychedelic-assisted therapies, combined with a graph database-driven app. The Miami-based startup has raised a $3.3m Seed round from investors including Jack Abraham (Atomic Ventures, Hims), Shervin Pishevar (Shervin Pishevar (formerly of […]

European Union lawmakers have asked tech giants to continue reporting on efforts to combat the spread of vaccine disinformation on their platforms for a further six months. “The continuation of the monitoring programme is necessary as the vaccination campaigns throughout the EU is proceeding with a steady and increasing pace, and the upcoming months will […]

Climate change is intensifying across the globe, and one of the most challenging cases is Japan. In addition to lying on a major fault, the archipelago is increasingly inundated from rising sea levels that make the country more prone to disasters. A decade ago, the Tohoku earthquake and tsunami dealt billions of dollars in damage, […]

United Airlines is the first official U.S. customer for Boom Supersonic, a company focused on making supersonic commercial flight a reality once again. Boom unveiled its supersonic sub-scale testing aircraft last year, and intends to start producing its Overture full-scale commercial supersonic passenger jet beginning in 2025, with a planned 2029 date for the beginning […]

Virgin Galactic has a new customer: The International Institute for Astronautical Sciences (IIAS), which will be flying researcher, citizen scientist and STEM influencer Kellie Gerardi on an upcoming dedicated Virgin Galactic launch. Gerardi will be conducing a range of experiments on her flight, focused on researching healthcare technologies including a new biomonitor system to study […]

WhatsApp will soon let you use the popular instant messaging app simultaneously on multiple devices, Facebook chief executive Mark Zuckerberg said. The instant messaging app, used by over 2 billion users, also plans to add more options to its disappearing messages feature, top executives said. Zuckerberg confirmed to news outlet WaBetaInfo that multi-device support will […]

Razor Group. Branded. Thrasio. These are big names in the new wave of e-commerce companies taking the world by storm. Their business of acquiring small e-commerce brands that look promising and consolidating them is quite popular in the U.S. and Europe. The concept has sifted through those shores to Latin America and Asia, where companies […]

Meet Lightyear, a new London-based startup coming out of stealth today. The company is building a stock trading app with a focus on creating a truly commission-free app. In addition to waving account fees and trading fees, Lightyear doesn’t charge foreign exchange fees either — up to a certain point. The two founders met when […]

India may be grappling with the second wave of the coronavirus, rising unemployment, and a dwindling economy, but the South Asian nation’s burgeoning startup ecosystem has never had it better. High-profile investors in India have long aggressively chased growth-stage, and late-stage deals, pouring record amounts of capital into the world’s second largest internet market. But […]

Tuesday Capital, a 10-year-old seed-stage fund that was founded by longtime VC Patrick Gallagher and TechCrunch founder Michael Arrington, has changed considerably over the years. Arrington now leads a crypto hedge fund. Tuesday was formerly known as Crunchfund. Gallagher now runs the outfit with partner Prashant Fonseka, who joined the fund in 2015 as an […]

Roadster, the Palo Alto-based digital platform that gives dealers tools to sell new and used vehicles online has been acquired for $360 million by retail automotive technology company CDK Global Inc., according to a Securities and Exchange Commission filing. As part of the all-cash deal, Roadster is now a wholly owned subsidiary. Roadster’s business model […]

Walmart accidentally scooped itself by publishing product listings for its own, onn-branded, low-cost Android TV streaming stick to the Walmart.com website ahead of its formal launch, where it was soon spotted, alongside an upcoming 4K streaming device. Both items are officially arriving next week in stores and online, Walmart told TechCrunch, but it seems the […]

Almost exactly a year ago, Google announced a couple of leadership changes that saw Prabhakar Raghavan, who joined the company back in 2012, take over the lead of Search, Assistant and Maps. Now, sources familiar with the hiring tell us, the company has hired Christopher Phillips, who was previously the chief product and technology officer […]

As dating app Tinder and its parent company Match explore the future of personal connection through apps, it’s interesting to see what sort of ideas it tested but later discarded. One such experiment was something called “Tinder Mixer,” which had briefly offered Tinder users a way to join group video chats, and “play games” with […]

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There are relatively few jobs directly inside private equity and venture capital funds, and those jobs are highly competitive. However, there are many other ways you can work within the industry.

Protesters gathered in bright red t-shirts and matching masks bearing the Independent Drivers Guild logo. Placards bearing slogans like “Freeze Hiring, Reactive Workers Now!” and “Unlock Uber” were being handed out at a table toward the entrance. What the gathering lacked in sheer numbers, it made up with enthusiasm. A wide range of speakers approached […]

Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion. The all-cash deal will split FireEye, the maker of network and email cybersecurity products, from its digital forensics and incident response arm Mandiant. FireEye’s chief executive Kevin Mandia said the deal […]