We’ve got the details on Boston Dynamics’ upcoming warehouse robot Stretch, Apple releases security patches and Cazoo is going public via SPAC. This is your Daily Crunch for March 29, 2021. The big story: Boston Dynamics shows off its next commercial robot Boston Robotics continues its transformation from research organization to commercial robotics company: Stretch […]
Earlier this year Divvy, a Utah-based software company that provides corporate spend management software, raised a $165 million round at a $1.6 billion valuation. It followed its competitor Brex to unicorn-status as the market for financial services software and corporate payment solutions stayed red-hot in 2021 after a blockbuster 2020. Now Ramp, a competitor to […]
Swiss automation and technology company ABB has announced a collaboration with Amazon Web Services (AWS) to create a cloud-based EV fleet management platform that it hopes will hasten the electrification of fleets. The platform, which the company says will help operators maintain business continuity as they switch to electric, will roll out in the second […]
Oh hello. What’s this then? A Niantic-branded AR headset? Perhaps? John Hanke, CEO of the Pokémon GO developer teased what could be a first-party head-mounted wearable, as the company makes a more aggressive push into augmented reality. “Exciting to see the progress we’re making to enable new kinds of devices that leverage our platform,” the […]
A growing number of companies have emerged over the last few years determined to reduce waste in the electric vehicle battery market. Chief among these is recycling firm Redwood Materials, which has quickly expanded since its launch in 2017 by Tesla co-founder JB Straubel to become the largest lithium-ion battery recycler in North America. Now […]
Another proptech is considering raising capital through the public arena. Knock confirmed Monday that it is considering going public, although CEO Sean Black did not specify whether the company would do so via a traditional IPO, SPAC merger or direct listing. “We are considering all of our options,” Black told TechCrunch. “We pioneered the real […]
With the advent of the pandemic, there’s a historic opportunity to bring the smart city community together and revitalize these urban centers to make them more livable, sustainable and inclusive.
Before NFTs are written off as a flash in the pan, it might be worth considering that NFTs were never designed to be very useful in traditional investment frameworks.
The best way to know which aspects of the NFT craze will outlast this trendy boom is to look at the history of comparable assets; people have been making crypto collectibles for nearly seven years.
The coming wave of electric vehicles will require more than thousands of charging stations. In addition to being installed, they also need to work — and today, that isn’t happening. If a station doesn’t send out an error or a driver doesn’t report it, network providers might never know there’s even a problem. Kameale C. […]
This morning Bunch announced that it has closed a total of $4.4 million in seed capital, including a new $1 million infusion this week. The company’s product, a mobile app, focuses on teaching leadership skills to the younger generations more accustomed to learning in smaller chunks, often on the go. Don’t roll your eyes, all […]
EQT Ventures, an investment firm based in Europe that has raised more than €1.2 billion ($1.4 billion USD), announced that it has promoted Laura Yao to partner. At the same time, the firm announced it recently hired Anne Raimondi, former SVP of Operations at Zendesk, as operating partner. The company is based in Stockholm, with […]
Despite the fact that capital is abundant and dozens of startups get funding every day, the process of raising institutional capital is anything but simple. From getting an investor’s attention to nailing your virtual pitch meeting to the legal aspects of your term sheet, there is plenty to navigate. Luckily, TechCrunch Early Stage is bringing […]
Payment card network Visa has announced that transactions can be settled using USD Coin (USDC), a stablecoin powered by the Ethereum blockchain. Crypto.com is the first company to test the new capability with its own Visa-branded cards. USDC is a stablecoin co-founded by Circle and Coinbase and by managed the Centre consortium. As the name […]
The U.S. government has cut trade ties to Myanmar, two months after the country’s military staged a coup overthrowing the country’s president and also its de facto leader, Aung San Suu Kyi, and killed at least 200 protesters resulting from its offensive. In a statement, U.S. Trade Representative Katherine Tai said the trade suspension would […]
Can the market hold up the optimism that many SPAC-led debuts are implying in their pricing? I do not know. But there are a lot of wagers being made in the market today that are giving me pause.
Cazoo is picking up significant capital today by teaming up with a SPAC in the U.S. at a $7 billion valuation, but another big used-car play is consolidating operations. TechCrunch has learned and confirmed that Berlin-based Frontier Car Group, which builds used-car marketplaces with a focus on emerging markets, is shutting down its operations in […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
IBM today announced the launch of its first developer certification for programming quantum computers. While quantum computing may still be in its infancy, most pundits in the industry will tell you that now is the time to learn the basic concepts. And while there is little that’s immediately intuitive on the hardware side of quantum […]
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. Hi friends and new readers, welcome to The Station. A few items before we jump into the news. Rebecca Bellan, who started writing for TechCrunch earlier this month, […]
