Nontraditional investors, which include anyone outside of traditional VC firms investing in venture capital deals, are increasingly making their presence felt in the investing community.
China is one of the world’s wealthiest digital economies today, with a hardware supply chain that is unrivaled and a panoply of prominent and massively profitable companies like Alibaba, Tencent and ByteDance taking a leading role in the world. Yet, all of this cutting-edge innovation rests on a 40-year-old solution to one of the great […]
Indian food delivery giant Zomato, which is working to explore the public markets later this year, has reached an agreement to invest $100 million in online grocer Grofers for about 10% stake in the seven-year-old startup, according to a source and multiple others familiar with the matter. The proposed investment values Grofers, which counts SoftBank […]
Family communication and tracking app Life360 has announced a new investment round that will see the company bringing on board a number of “celeb” investors and influencers who, combined, will form a new “Family Advisory Council” to help shape Life360’s future product direction and marketing. The round, which is approximately $2.1 million in size, was led […]
Following similar moves by Apple, Google, and more recently Amazon, among others, e-commerce platform Shopify announced today it’s also lowering its cut of developer revenue across its app marketplace, the Shopify App Store, as well as the new Shopify Theme Store. The news was announced today alongside a host of other developer-related news and updates […]
While the ambitions of crypto investors have swelled even faster than the market has in recent months, institutional players have had a mountain of blockchain data to try to make sense of without particularly mature analytics products at their disposal. Blockchain analytics startup Nansen is building a product for crypto traders and hedge funds to […]
After launching its IPO last week with an expected listing price range of $26 to $29 per share, cybersecurity company SentinelOne is going public tomorrow with some momentum behind it. Sources close to the deal tell us that the company, which will be trading under the ticker “S” on the New York Stock Exchange, is […]
It may be a little while longer until Starlink hits profitability. The SpaceX project, which aims to deliver global high-speed broadband via a satellite network, sells its beta kits to customers for around $500 dollars despite it costing much more to produce them, CEO Elon Musk said in an interview Tuesday. The kit includes a […]
The number of startups acquiring e-commerce businesses, especially those operating on Amazon, to grow and scale is increasing as more people than ever are shopping online. The latest such startup to raise capital is Forum Brands, which today announced it has raised $27 million in equity funding for its technology-driven e-commerce acquisition platform. Norwest Venture […]
GitHub has unveiled a new product that leverages artificial intelligence to help you write code more efficiently. Named GitHub Copilot, today’s new product can suggest lines of code and even sometimes entire functions. GitHub has partnered with OpenAI to develop this tool. It doesn’t replace developers, it’s just a tool that should improve productivity and […]
As companies expand worldwide and meet online in tools like Zoom, the language barrier can be a real impediment to getting work done. Zoom announced that it intends to acquire German startup Karlsruhe Information Technology Solutions or Kites for short, to bring real-time machine-learning-based translation to the platform. The companies did not share the terms […]
As the pandemic took hold, training staff had to “go virtual.” Typically, that would have meant falling back on existing corporate training solutions, which we all know and “love.” Could there be another way? In 2018, trauma surgeon Dr. Alex Young took the training required for high-stress scenarios like surgery and applied it to a […]
Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. Space this week was all about preparatory steps — and it’s looking more and more like we’re setting up for an out-of-this-world July, with just a few days left before the month […]
While the digital revolution has transformed nearly every social interaction and communication type in the past couple decades, the humble birthday card has shown surprising resiliency. Givingli, a small LA-based startup with an app aiming to challenge how Gen Z sends digital greeting cards, is picking up some seed funding from investors betting on their […]
How psyched are you about our TC Early Stage: Marketing & Fundraising event? Still need some convincing? Here’s another great session we’ve got planned for the show, which will span July 8 and 9. Emerge Capital Growth Partner Doug Landis will be joining us to discuss how early stage companies can build out the proper […]
On a muggy Tuesday morning in Brooklyn, electrified mobility company Revel unveiled its first electric vehicle fast charging superhub. U.S. Secretary of Energy Jennifer Granholm joined the New York-based startup, alongside Revel’s founder and CEO Frank Reig in a ribbon cutting ceremony. “Thank you, Revel, for being an example of what we need in this country[…] Thank […]
Add Soft Robotics to the long list of automation companies that have seen a boost in investment interest amid the pandemic. The New England-based firm announced this morning a $10 million raise that serves as an extension of the $23 million Series B it announced in January of last year. The extension was led by […]