StockX, a marketplace for sneakers, has announced that they’ve closed a $6M round from a group of high-profile investors like Mark Wahlberg, Scooter Braun, and Wale. They join existing investors like SV Angel and Detroit Venture Partners. The sneaker reseller space couldn’t be hotter right now. GOAT, one of the largest app-based sneaker marketplaces has raised more than $30M in… Read More
Josephine, the startup that lets people cook meals inside their homes and sell them to neighbors, is sponsoring a recently-introduced homemade food bill in California that aims to legalize the sales of prepared meals and other food from small-scale, home kitchen operations. Assemblymember Eduardo Garcia (D-Coachella) introduced the bill, AB 626, this week. Josephine is sponsoring this bill… Read More
Planet, the company that recently acquired Google’s satellite Earth imaging business, just pulled off another monumental feat – launching 88 satellites into orbit at once, as part of the largest satellite payload on record with a total of 104 aboard an Indian Space Research Organization rocket (EDIT: As mentioned, the ISRO is the launch provider in this case, and all credit is due… Read More
Walmart this morning announced it’s acquiring a leading outdoor retailer Moosejaw for approximately $51 million in an all-cash deal. Headquartered in Madison Heights, Michigan, the retailer has both a large online presence as well as 10 physical stores across Michigan and the midwest U.S. Walmart says it will allow Moosejaw to continue to operate its website and stores as a standalone… Read More
Honda is extending its courtship of startups through its Xcelerator program with a new partnership announced Wednesday with DRIVE, a new startup hub in Tel Aviv, Israel that focuses specifically on smart mobility tech, including transportation and automotive solutions. The partnership will see Honda’s Silicon Valley Lab work directly with the DRIVE center, offering “expertise,… Read More
IBM wants to bring machine learning to its traditional mainframe customers, and eventually to any technology with large data stores hidden behind a company firewall in what IBM calls a “private cloud.”
Yes mainframes, those ginormous computing machines from an earlier age, are still running inside some of the world’s biggest companies including banks, insurance companies… Read More
Developers have Stripe for payments, Mixpanel for analytics, and Twilio for communications, but what about location.
That’s where Radar comes in.
Radar was founded by Nick Patrick, former Foursquare and Handy employee, along with his fellow Foursquarer Coby Berman, after realizing that lots of apps need location services, but it’s tedious and difficult to build out on the back… Read More
Groupon, the daily deals platform that has been restructuring itself and trying to shift into more profitable areas of e-commerce, today reported its Q4 earnings. The company reported sales of $934.9 million but with a net loss of $50.2 million, and a non-GAAP EPS of $0.07. Both are a beat for the company: analysts were expecting revenues of $912.8 million, and non-GAAP earnings per… Read More
HTC will offer a mobile VR solution, and it’ll work with the company’s new top-end smartphone, the U Ultra, but it’ll be more than just a headset that lets the smartphone do most of the work like the Samsung Gear VR, according to HTC CFO Chia-lin Chang, who spoke to CNET. The plan is to introduce their mobile VR product sometime before the end of the year, Chang added. HTC… Read More
MiDrive, a U.K. startup that helps you learn to drive with a driving test app and instructor marketplace, has lost Scott Taylor as CEO, after he departed the company last month. He’s been replaced by Asher Ismail, who previously joined miDrive as COO in May 2016.
Curiously, the move comes shortly after miDrive has raised £2 million in further funding. Read More
Employees throughout the world are are struggling to compete in a fast-moving and dynamic global job market, thanks to an unprecedented number of technological advancements and highly linked information networks. Read More
Mozilla-backed Cliqz, a German startup building an anti-tracking browser with a built-in private search feature powered by aggregated usage of its products, is acquiring the consumer assets of ad-tracker privacy tool and browser extension Ghostery. Read More
“When is another generation of Pokémon coming to Pokemon GO?!” It’s a question that the game’s players (including myself) have been shouting since… well, pretty much immediately after the game launched. We’ve finally got an official answer: “later this week”. The once oh-so-shaky servers have stabilized. The game is now available in most of… Read More
An impetuous 20-something year old team of startup founders may not automatically reach out to the AARP to bring its products to market. Ignoring the aging population isn’t the sharpest move, however. With its Innovation Champion Award, AARP wants to highlight that those over 50 have sacks of disposable cash and aren’t afraid to spend it — as long as the value is there. Read More
It’s safe to say that we had a blast last year at our Tel Aviv meetup. To nobody’s surprise, we’re holding a TechCrunch Meetup + Pitch-Off again in June. Save the date as June 28, 2017 is going to be a great time for the tech community in Tel Aviv. What do we have in store exactly? Let’s be honest, TechCrunch doesn’t come often enough to Israel. So we’re… Read More
Health startups are pulling in money in Southeast Asia. A week after wellness-focused insurance brokerage CXA drew $25 million from investors, fellow Singapore-based startup mClinica has announced a $6.3 million Series A raise. mClinica was founded in 2012 and its mission is to provide healthcare data in Southeast Asia, much like Nielsen and other traditional analyst houses, through an… Read More
London and Copenhagen-based fintech startup Pleo, which offers a card and app to manage company expenses, has closed an additional $3.25 million in funding. The round was led by European VC firm Creandum, with participation from pre-seed and seed investor Seedcamp, and previous backer Founders. Read More
Australia-based payment firm PromisePay, which raised $10 million last year, has a double shot of news this week: it has rebranded to Assembly Payments and inked a major partnership deal with Gumtree. The deal will see Gumtree, which is owned by eBay, introduce a new services-focused business in Africa. Gumtree Connect links users with local home services, such as cleaners, machine repairs… Read More
As publishers — scrambling for revenues and audiences in a rapidly changing media industry — try to get a grip on how to make the best use of social platforms like Facebook and Twitter (without simply conceding traffic to those social platforms), a startup that’s building tools to help them surface interesting content has raised $6.4 million in funding to grow its… Read More
