With Y Combinator Demo Day kicking off tomorrow morning, startups in the current batch are hurrying to make a little news before they show off their recent growth to investors. The list includes Runway, Mono, Pangea and Flux. Add Chums to the mix. Chums is a social shopping service that helps friends suggest products to […]
After Spark Capital announced it would “sever all ties” with Dispo following allegations around co-creator and famous YouTuber David Dobrik, two of the app’s earliest investors have similarly backed away from the company. Seven Seven Six and Unshackled followed suit this morning, releasing subsequent statements that they plan to donate any potential profits from investments […]
Side, a real estate technology company that works to turn agents and independent brokerages into boutique brands and businesses, announced Monday that it has raised $150 million in Series D funding. Coatue Management led the round, which brings San Francisco-based Side’s valuation to $1 billion and total funding raised to over $200 million since its […]
Ahead of another big tech versus Congress “grab your popcorn” grilling session, scheduled for March 25 — when U.S. lawmakers will once again question the CEOs of Facebook, Google and Twitter on the unlovely topic of misinformation — a coalition of organizations across the privacy, antitrust, consumer protection and civil rights spaces has called for […]
We’re just days away from kicking off TC Early Stage 2021: Operations & Fundraising on April 1-2. Join us for two program-packed days dedicated to founders in the earliest stages of startup life (pre-seed through Series A). The event agenda features interactive presentations that cover a range of essential topics like fundraising, operations, growth, product-market […]
Amazon’s Prime Wardrobe has been a key way for the e-commerce giant to expand its reach selling clothing and other apparel: giving shoppers an easy way to try on several items, return what they don’t want and pay for what they keep has helped it cross the virtual chasm by bringing the online experience a […]
Nigerian startup Xend Finance uses decentralized finance (DeFi) to address currency devaluation. DeFi aims to bridge the gap between decentralized blockchains and financial services. Aronu Ugochukwu and Abafor Chima founded the startup in 2019, and Ugochukwu is quite familiar with currency devaluation. Currency devaluation is a common economic nightmare faced in most African countries and […]
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every Saturday in your inbox. Hi friends and new readers, welcome to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to Point […]
Space startup Astroscale has launched ELSA-d, the demonstration mission for its End-of-Life Services by Astroscale (ELSA) technology, which aims to dock with, and then safely remove, orbital debris. Astroscale’s demonstrator package includes two separate payloads: a servicer that represents its future production spacecraft and a “client” satellite that’s meant to represent the debris satellites it’ll […]
The SolarWinds attack was successful because it took advantage of a vast, intermixed supply chain of technology vendors. The lesson? Complexity is the enemy of security.
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 […]
Non-fungible tokens (NFTs) offer new ways for consumers to collect, wear and trade fashion online. Now that most fashion shows have scaled back or gone virtual, they may become an important tool for the industry.
Lost item finder Tile, the maker of the popular Bluetooth-powered tracker that can help you find your misplaced keys, bag, wallet or more, is bringing its tracking service to a wearable device for the first time with the launch of its Fitbit partnership. Starting today, all new and current Fitbit Inspire 2 users will gain […]
London-based fintech startup Revolut has announced that it is applying for a bank charter in the U.S. The company has submitted a draft application with the FDIC and the California Department of Financial Protection and Innovation. If the company manages to get a charter in California, it would let the company operate throughout the U.S. […]
One clear sign of a maturing platform is when the company exposes to other developers the services it uses for its own tools. Zoom has been doing that for some time, introducing Zoom Apps last year and the Marketplace to distribute and sell these apps. Today, the company introduced a new SDK (software development kit) […]
Berlin-based y42 (formerly known as Datos Intelligence), a data warehouse-centric business intelligence service that promises to give businesses access to an enterprise-level data stack that’s as simple to use as a spreadsheet, today announced that it has raised a $2.9 million seed funding round led by La Famiglia VC. Additional investors include the co-founders of […]
It’s clear that automated workflow tooling has become increasingly important for companies. Perhaps that explains why Camunda, a Berlin startup that makes open-source process automation software, announced an €82 million Series B today. That translates into approximately $98 million U.S. Insight Partners led the round with help from A round investor Highland Europe. When combined […]
Waterfund, an investment and trading firm that specializes in acquiring and managing water-related infrastructure assets, today announced a deal with Israel-based crowdfunding platform OurCrowd that will see the Waterfund team commit $50 million to build a water- and agtech-focused portfolio of 15 companies. The first of these investments is in Plenty, a well-funded vertical farming […]
The once untouchable semiconductor sector continues to attract fervent attention from VCs. The latest news this morning is that Ajay Royan of Mithril Capital has led a $55 million Series D round of financing into Flex Logix, which builds chips designed to bring AI workflows to the compute edge. That follows on earlier rounds in […]
