Crunch Hype

From time to time, we see a Chinese app climbing to the top of Google Play and App Store in a host of Western countries. It might be a utility tool like a selfie beautifier or some casual video game, which has universal appeal and require little localization effort. But most of them tend to […]

Investment activities in Egypt continue to gain steam, not for startups only but also the funds backing them. Today, seed accelerator Flat6Labs announced the second close of its Egypt fund to support early-stage startups and provide follow-up investment. The fund had a target for EGP50 million (~$3.2 million) but eventually closed at EGP207 million ($13.2 […]

Zeta, a startup that helps banks and fintech firms launch products, is the newest to attain the coveted unicorn status after closing a financing round. The banking tech firm, co-founded by veteran Indian entrepreneur Bhavin Turakhia, said on Monday it has raised $250 million in a Series D Series C round led by SoftBank Vision […]

Aurora Solar had one of those pitches that seemed obvious in retrospect. Instead of going to a house and measuring its roof manually for a solar panel installation, why not use aerial scans and imagery of the whole region? That smart play earned them a $20M A round, a $50M B round, and now only […]

Emitwise, a startup that claims its AI platform can measure greenhouse gas emissions from companies and their supply chains, has added to its seed funding round by $3.2 million, bringing its total seed funding raised to $6.6 million. ArcTern Ventures led the $3.2m raise. Also participating were Angel investors including Peter Harrison, the CEO of […]

In February, Nigerian fintech startup Mono announced its acceptance into Y Combinator and, at the time, it wanted to build the Plaid for Africa. Three months later, the startup has a different mission: to power the internet economy in Africa and has closed $2 million in seed investment towards that goal. The investment comes nine […]

British artificial intelligence (AI) company, Faculty has raised £30 million ($42.5M) in growth funding from the Apax Digital Fund (ADF). The startup has now raised a total of £40m ($56.6M) to date. In April this year, the company announced it had won a contract to work with the UK’s NHS to better predict its future […]

These days, the path of least resistance in laptop design is straight-up knocking off the MacBook. We’ve certainly seen our share of egregious cases over the years. Microsoft, however, has defiantly forged its own path with industrial design across the board. Its products are largely interesting and innovative — something not every hardware manufacturer can […]

Three months after air transport data giant SITA reported a data breach, we are still learning about the damage. Air India said this week that personal data of about 4.5 million passengers had been compromised following the incident at SITA, Indian flag carrier airline’s data processor. The stolen information included passengers’ name, credit card details, […]

Startups used to be obsessed with billboards. It was the first thing I noticed when I moved to San Francisco: venture-backed companies including Eaze, Airbnb, and notoriously, Brex, would post large billboard advertisements all over the city to grab attention and eyeballs. When I dug into it more, I learned this type of old school, […]

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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices […]

Full disclosure: the second time I worked at a startup founded by Mark Pincus, his dog Zinga slept behind my desk and I was one of her favorite dog-sitters.

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

The buyer’s guide is a win for both sides: Buyers are informed of what’s to come, and startups can expedite a potential deal by preempting any concerns about a product and/or the sales process.

With vaccination rates slowing in the U.S., the White House is getting creative about getting shots in arms. Beyond protecting yourself and others from a deadly disease, the latest incentive to get vaccinated could help you find love (or get laid). The White House COVID-19 response team announced Friday that a number of popular dating […]

Fisker Inc., the EV startup-turned publicly traded company, is working on a modified version of its all-electric Ocean SUV for Pope Francis. The company said Friday that it plans to deliver to the Vatican late next year a Popemobile based on its upcoming Fisker Ocean SUV. An initial agreement was reached during a private meeting […]

Chinese robotaxi startup Pony.ai has been given permission by California regulators to pilot its autonomous vehicles without a human safety driver behind the wheel in three cities. While dozens of companies — 55 in all — have active permits to test autonomous vehicles with a safety driver, it’s far less common to receive permission for […]

Apple CEO Tim Cook took his first turn in the witness chair this morning in what is probably the most anticipated testimony of the Epic v. Apple antitrust case. But rather than a fiery condemnation of Epic’s shenanigans and allegations, Cook offered a mild, carefully tended ignorance that left many of the lawsuit’s key questions […]

Work and what’s going on in the world are inextricably connected. And while I don’t know exactly how to navigate the choppy waters, a recent experience helped my team crystallize a few lessons.

The direct-to-consumer wave is a critical enabler for the e-commerce progress we expect to see over the next decade as we strive toward inevitable 50% penetration.

It’s hard enough to talk about your feelings to a person; Jo Aggarwal, the founder and CEO of Wysa, is hoping you’ll find it easier to confide in a robot. Or, put more specifically, “emotionally intelligent” artificial intelligence. Wysa is an AI-powered mental health app designed by Touchkin eServices, Aggarwal’s company that currently maintains headquarters […]

In the past month, we’ve gotten a look at Poshmark’s early fundraising pitch deck with CEO Manish Chandra and Mayfield’s Navin Chaddha, heard where the biggest opportunities lie in the proptech space with Fifth Wall’s Brendan Wallace and Orchard’s Court Cunningham, and heard how to nail your pitch from Sequoia’s Shaun Maguire and Vise AI’s […]

The relationship between Spotify and Apple has been…understandably contentious at times. After all, Apple runs the streaming service’s biggest competitor. At the end of the day though, the Apple Watch and Spotify maintain the No. 1 spot in their respective categories by a wide margin. And playing nice ultimately benefits a wide swath of users […]

This morning, we're looking at the Jam City deal to merge with DPCM Capital. Jam City is a bit like Zynga, but unless you are a mobile-gaming aficionado, you might not have heard of it.

European Union lawmakers are facing further pressure to step in and do something about lackadaisical enforcement of the bloc’s flagship data protection regime after the European Parliament voted yesterday to back a call urging the Commission to start an infringement proceeding against Ireland’s Data Protection Commission (DPC) for not “properly enforcing” the regulation. The Commission […]

There’s latent demand for life insurance currently unaddressed by much of the financial services industry, and embedded finance can be the solution.

Snap yesterday announced the latest iteration of its Spectacles augmented reality glasses, and today the company revealed a bit more news: it is also acquiring the startup that supplied the technology that helps power them. The Snapchat parent is snapping up WaveOptics, an AR startup that makes the waveguides and projectors used in AR glasses. […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was good fun not only because we had the whole team together to record, but also because we are still basking in the endless glory of our winning a Webby earlier this week. Frankly we are still […]

As decentralized currencies have taken off in recent months, there’s been renewed attention around DAOs, or Decentralized Autonomous Organizations, as a means of bringing together groups of investors who can deploy capital as a unit while voting collectively on those investments. In the spirit of blockchain, they aim to bring greater transparency to investment decision-making. […]

The Indian government has expressed strong objection to Twitter for classifying certain tweets by Indian politicians as “manipulated media,” according to a notice leaked to journalists Friday. The notice comes two days after Twitter labeled a tweet from Sambit Patra, the spokesperson of India’s ruling party BJP, as “manipulated media.” In the tweet, Patra claimed […]

TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, the investment arm of Telkom Group, one of Indonesia’s largest telecoms, with participation from Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, […]

BuffaloGrid, a startup that provides phone charging and digital content to people in off-grid environments, is teaming up with the Techfugees refugee non-profit to provid free educational content and device charging to displaced people across East Africa and the Middle-East. The initial service will see solar-powered ‘BuffaloGrid Hubs’ deployed in refugee camps across Kenya and […]

Farmers and food businesses, like restaurants, deal with the same issue: a fragmented supply chain. Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and enabling food businesses to bundle products from different farmers into the same order. The company is headquartered in Japan, with operations in Malaysia, and plans to expand into […]

Vietnam has one of the fastest-growing e-commerce markets in Southeast Asia, but many major platforms still focus on large cities. This means people in smaller cities or rural areas need to deal with longer wait times for deliveries. Social commerce company Mio is taking advantage of that gap by building a reseller network and logistics […]

Telemedicine has faced an uphill battle to become more relevant in the U.S., with challenges like meeting HIPPA compliance requirements and insurance companies unwilling to pay for virtual visits.

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Procore is thus being valued like a high-growth, high-margin software company, but it is not one that anticipates a rapid ramp to profitability.

It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup called factory14 is coming out […]

Amid a backdrop of skyrocketing tech valuations, the U.S. tech sector should look to Mexico as a key growth market and partner. The time is now for the U.S. to tap into Mexico's surplus tech talent.

At Snap’s Partner Summit, the company announced a number of updates to the company’s developer tools and AR-focused Lens Studio including several focused on bringing shopping deeper into the Snapchat experience. One of the cooler updates involved the company’s computer vision Scan product which analyzes content in a user’s camera feed to quickly bring up […]

Apple last month unveiled its plans for paid podcast subscriptions in a newly redesigned Apple Podcasts app. Now, it’s introducing a new program that will help podcast creators grow their subscriber base: affiliate marketing. The company’s “Apple Services Performance Partner Program,” which already exists to help market other Apple services like Apple TV, Apple News […]

Bain Capital Ventures (BCV), the venture arm of the 37-year-old private equity firm Bain Capital, announced this morning that it has $1.3 billion more smackers to invest across two funds, a $950 million fund for seed and Series A deals and a $350 million fund for growth-stage opportunities. That amount is up slightly from late […]

Amid a pre-recorded Partner Summit where Snap took users through a whole set of new tools for Snapchat users, creators and companies, Snap also threw in a “one more thing” at the end that shows the company, after a rocky start several years ago, is definitely not giving up on its hardware ambitions anytime soon. […]

President Biden’s vision for an empowered, expanded IRS is poised to have a big impact on cryptocurrency trading. According to a new report from the U.S. Treasury Department, the administration wants to put new requirements in place that would make it easier for the government to see how money is moving around, including digital currencies. […]

Portside, an aviation startup that is building a platform for managing the backend of a corporate flight department, charter operation, government fleet and fractional ownership operation, today announced that it has raised a $17 million funding round led by Tiger Global Management, with participation from existing investors I2BF Global Ventures and SOMA Capital. The idea […]

Snap wants users to get a more personal view of the world around them. While products like Google Maps and Apple Maps have long-relied on data partners to juice the quality of their contextual insights, Snap is hoping it can give users a more hands-on approach to mixing and matching third-party tie-ins to its Snap […]

During Snap Partner Summit, Snap announced a brand new app focused on creators. Named Story Studio, this standalone iOS app gives you several editing tools so that you can make your content look as professional as possible. Story editing tools are still in Snapchat — nothing is changing on this front. But if you’ve been […]

There may be billions of IoT devices in use today, but the tooling around building (and updating) the software for them still leaves a lot to be desired. Esper, which today announced that it has raised a $30 million Series B round, builds the tools to enable developers and engineers to deploy and manage fleets […]

With the evident need for solutions to ensure high data quality in the Big Data era, the space has received a lot of attention — especially during the past year.