Crunch Hype

It is clear that Black, women, Latinx and LGBTQ+ startup founders face an uphill battle when it comes to getting a share of the VC investment pie in Silicon Valley. Perhaps that’s why Sixty8 Capital, a firm based in Indianapolis, Indiana, smack dab in the middle of the country, has chosen to launch a new […]

Snack, a video-first mobile dating app designed with a younger generation in mind, is opening itself up to Gen Z investors. The startup today announced the launch of its own Gen Z Syndicate on AngelList, which will allow Gen Z community members, influencers, creators and others to participate in the company’s upcoming $2 million SAFE, […]

Let’s make it clear from the outset that this story is about an expense management SaaS business called Expensify. As you’d expect, yes, this is about the expense management market and how Expensify has grown, its technology and all of that. Normally, that would make us change the channel. But this is also a story […]

It’s natural to think an expense report management business would play it by the book. But one look at Expensify is enough to tell you that this is a company that never even looked for the book.

Fair, a multilingual digital bank and financial services platform, is launching to the public after raising $20 million in 40 days earlier this year. Founder Khalid Parekh raised the capital primarily from the very demographic that Houston-based Fair aims to serve: from a group consisting of a number of immigrants, many of whom were first-time […]

Three years after its inception, crypto financial service provider Babel Finance is racking up fundings and partnerships from major institutional investors. The startup said Monday that it has closed a $40 million Series A round, with lead investors including Zoo Capital, Sequoia Capital China, Dragonfly Capital, Bertelsmann and its Asian fund BAI Capital, and Tiger […]

Going through Y Combinator's rigorous vetting gives founders a sense-check of what they’re missing, and who they're missing. Take it from someone who applied to the program 13 times before getting in.

Blind has carved out a unique niche in the social-networking world. It’s an app of verified, pseudonymous employees talking to each other about what’s going on at their employers, trading notes on everything from layoffs, to promotions, to policies. Part LinkedIn, part Reddit, part Slack — it’s become widely popular among tech workers at Silicon […]

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to […]

Last week we saw some major backing of the Secret Network blockchain, as significant blockchain players Arrington Capital and Blocktower Capital invested in the privacy-first smart contract platform. What this is signaling is the rise of privacy-oriented financial blockchain projects, which are crucial if “DeFi” (decentralized finance) is to have any kind of future. We […]

Google, which reaches more than half a billion people in India, is turning its services into tools to help the world’s second largest internet market fight the pandemic. Google said on Monday it has rolled out a range of updates to its Search, Maps, YouTube, and Google Pay services in India to display and boost […]

Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional $300 million in ride-hailing and payments firm Gojek, the two firms said Monday, just months after the network provider wrote a $150 million check to the Southeast Asian firm. The announcement comes amid Gojek working to seal a proposed merger with e-commerce […]

Whether learning online or taking a class in person, every student knows all too well how important it is to have good notes from your classes as a key way to remember and apply what you’ve been taught. Now, an Amsterdam-based startup called StuDocu, which has built a big and profitable business by way of […]

Clubhouse finally has an Android app that you can download from the Play Store — provided you live in the U.S. The voice-based social network launched its beta Android app on Play Store for users in the U.S. on Sunday, and said it will gradually make the new app available in other English-speaking countries and […]

Disasters may not always be man-made, but they are always responded to by humans. There’s a whole panoply of skills and professions required today to respond to even the tiniest emergency, and that doesn’t even include the needs during pre-disaster planning and post-disaster recovery. It’s not a very remunerative industry for most and the mental […]

SpaceX has launched another 60 Starlink satellites — making 180 delivered to orbit in under two weeks — but the launch early Sunday morning was more notable because it set a new, key record for Falcon 9 rocket reusability. This marked the 10th flight of the first-stage rocket booster used for the launch, which sets […]

At the heart of Duolingo is its mission: to scale free education and increase income potential through language learning. However, the same mission that has helped it grow to a business valued at $2.4 billion with over 500 million registered learners, has led to tensions that continue to define the business. How do you survive […]

On this week’s Found podcast, we sat down with Dandelion co-founder and President Kathy Hannun. Kathy came up with the idea for Dandelion while working at Google X, tackling some of the world’s most intractable problems, and making them tractable through the application of technology. Kathy realized that harnessing geothermal energy was a way to […]

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 […]

E-bike startup Cowboy has launched the Cowboy 4, its newest generation of urban electric bikes. The bike will come in two different frames, a traditional frame, and a step-through. The C4 is basically an upgrade on the previous version 3, while the ‘C4 ST’ is a step-through model which the company is predicting will appeal […]

The internet is now our nervous system. We are constantly streaming and buying and watching and liking, our brains locked into the global information matrix as one universal and coruscating emanation of thought and emotion. What happens when the machine stops though? It’s a question that E.M. Forster was intensely focused on more than a […]

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

What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently […]

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.

The pandemic has just pushed edtech mainstream, but language-learning startup Duolingo had already spent the past decade figuring out how to build a successful edtech app. In our latest installment of the EC-1 series, Natasha Mascarenhas goes deep with the company to understand how it found product-market fit, then figured out how to grow like […]

Long-running German audio company Sennheiser today announced that it has found a buyer for its consumer brand. Swiss holding company Sonova — a giant in the hearing aid business — will be acquiring the brand in a deal expected to close by end of year. The deal will bring headphones and sound bars to Sonova’s […]

Sensor data from smartphones and wearables can meaningfully predict an individual’s ‘biological age’ and resilience to stress, according to Gero AI. The ‘longevity’ startup — which condenses its mission to the pithy goal of “hacking complex diseases and aging with Gero AI” — has developed an AI model to predict morbidity risk using ‘digital biomarkers’ […]

Long before the multimillion-dollar acquisitions and funding rounds pushed autonomous vehicles to the top of the hype cycle, Karl Iagnemma and Chris Urmson were researching and, later, developing the foundations of the technology. These pioneers — Iagnemma coming from MIT, Urmson from Carnegie Mellon University — would eventually go on to launch their own autonomous […]

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain cordial relationships with more than 300,000 sellers who are facing severe disruption amid an unprecedented rise in the spread of coronavirus infections in the South […]

Today we're talking Square earnings and its bitcoin base, especially in how it relates to the results of other entities that offer bitcoin sales.

“I feel the need — the need for speed.” That could be the official mobility startup founder credo, amirite? Speed and agility are important, but don’t move so quickly that you miss the chance to save $100 on a pass to TC Sessions: Mobility 2021 on June 9. We’ve extended our early-bird price for just […]

Credit Karma Money, a new checking and savings account from the company best known for its credit monitoring service, recently launched a significant new feature. Called Instant Karma, the program rewards users by randomly refunding purchases. So far, since launching the feature, Credit Karma says it has rewarded 100,000 transactions, worth $5 million. I spoke […]

The drastic approach I took to recovering our company is often referred to as a “full reset" -- the old company is essentially annihilated and a new company is formed from the remaining pieces.

TechCrunch Disrupt — it’s the must-attend conference for anyone and everyone connected to the global startup community. Don’t miss your chance to attend TC Disrupt 2021, on September 21-23, for less than $100. That’s a tidy little bottom-line booster, yes? Three opportunity-packed days can be yours at the super early-bird price — just $99 — […]

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. The whole team was aboard for this recording, with Grace and Chris behind the scenes, and Danny, Alex and Natasha on the mics. We had to cut more than we included this week, which should give you a […]

Income-share agreements, or ISAs, are a way to bring flexibility to the often steep financial costs of higher education. The financial model allows a student to learn at zero upfront cost, and then pay any costs through a percentage of future income over time. While the model has caught fire from a variety of trade […]

How does Twitch make money? And more importantly, what subtle psychology does it use to encourage viewers to spend more? Let's tear it down.

The Biden Administration has reportedly proposed significant changes to the capital gains tax, aiming to target the wealthiest Americans to help fund his historic aid programs.

SpaceX is fresh off a high for its Starship spacecraft development program, but according to CEO Elon Musk, it’s already looking ahead to potentially repeating its latest success with an unplanned early reusability experiment. Earlier this week, SpaceX flew the SN15 (i.e., 15th prototype) of its Starship from its development site near Brownsville, Texas, and […]

We spoke to five investors to find out more about RPA. The general consensus? We're just getting started.

GajiGesa, a fintech startup that provides earned wage access (EWA) and other services for workers in Indonesia, has added strategic investors to help it launch new services and expand its user base. Its new backers include OCBC NISP Ventura, the venture capital arm of one of Indonesia’s largest banks, and the founders of grab-and-go coffee […]

Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue […]

Coinbase shares tumbled today to their their lowest point since the company began trading publicly on April 14. The market often moves in mysterious ways, but several drivers could be at play, including Coinbase’s high opening price at the time of its direct listing, its reliance on margins that are all but certain to drop […]

SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. […]

Let's unpack the deal to gain a better understanding of the huge exit and the value of Divvy's richly funded competitors.

Succession is a major issue for many venture firms. Institutional investors, founders — even reporters — often get attached to senior members of a team, and when one of those individuals decides to hang up his or her cleats, it can be tricky for the rest of the partnership. For its part, Emergence, a highly […]

The City of New York’s lawsuit against JOCO, the docked electric bike-share service, hit a snag with the court Thursday, when it was denied temporary restraining order to end the company’s operations. The city alleges in the lawsuit field Wednesday that JOCO is operating illegally because all bike-sharing systems within the city require prior written authorization […]

It’s safe to say WhatsApp didn’t have the ideal start to 2021. Less than a week into the new year, the Facebook-owned instant messaging app had already annoyed hundreds of thousands of users with its scary worded notification about a planned policy update. The backlash grew fast and millions of people, including several high-profile figures, […]

In April, real estate tech company Compass forged ahead with its initial public offering and is now valued at several billions of dollars. At that time, TechCrunch Senior Editor Alex Wilhelm caught up with founder and CEO Robert Reffkin to chat about his company’s debut in the market’s suddenly choppy waters for tech and tech-enabled […]

What would have been a celebratory earnings call in just about any other quarter ended on a somber note today, as Peloton CEO John Foley kicked things off with an apology. “We are a members-first organization,” the executive stated. “And that means for all of us at Peloton, the safety of our member community comes […]