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The engineering daring that led to the first Chinese personal computer

5 years 3 months ago
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 […]

Zomato’s $100 million investment to turn Grofers into a unicorn

5 years 3 months ago
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 app Life360 announces $2.1M investment round from celebs and influencers

5 years 3 months ago
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 […]

Nansen raises $12M from a16z to help investors make sense of crypto markets

5 years 3 months ago
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 […]

SpaceX is losing money on its Starlink terminals, but sees lower costs ahead

5 years 3 months ago
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 […]

Forum Brands raises $27M Series A as crowded Amazon roll-up space continues to heat up

5 years 3 months ago
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 previews new AI tool that makes coding suggestions

5 years 3 months ago
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 […]

Zoom to acquire German startup to bring real-time translation to meetings

5 years 3 months ago
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 […]

Max Q: Licensed to space

5 years 3 months ago
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 […]

Digital greeting card startup Givingli raises $3 million seed round

5 years 3 months ago
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 […]

Revel unveils electric vehicle fast charging superhub with 25 chargers in Brooklyn

5 years 3 months ago
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 […]

Soft Robotics raises another $10M, citing pandemic-related demand

5 years 3 months ago
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 […]
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