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Lordstown Motors accused of faking EV truck pre-orders by short-seller firm Hindenburg Research

5 years 7 months ago
Hindenburg Research, the short-seller firm whose report on Nikola Motor led to an SEC investigation and the resignation of its founder, is targeting another electric vehicle company. This time it’s Lordstown Motors, the Ohio electric automaker that went public after merging with special-purpose acquisition company DiamondPeak Holdings Corp., with a market value of $1.6 billion. […]

TaxDown banks ~$3M for tech that helps people get their taxes done

5 years 7 months ago
Madrid-based TaxDown, which automates income tax filing by calculating regional deductions due to users so they don’t have to navigate complex tax rules themselves, has raised €2.4 million (~$3M) in seed funding. US-based FJ Labs has joined TaxDown’s investment board as it closes the seed round. It says all its previous investors participated in the […]

Disruptel raises $1.1M to make smart TVs smarter

5 years 7 months ago
St. Louis-based voice assistant startup Disruptel is announcing that it has raised $1.1 million in seed funding. The money comes from an impressive group of investors who seem well-aligned with what the startup is aiming to do — namely, build a voice assistant that can provide detailed information about what’s happening on your TV screen. […]

Marco Rubio says he ‘stands with’ Amazon warehouse workers

5 years 7 months ago
Workers at Amazon’s Bessemer, Alabama, warehouse have already received public support from Democratic politicians ranging from Bernie Sanders to Joe Biden, the latter of whom promised to be “the most pro-union president you’ve ever seen,” late last year. Now, as many look to unionize, the team is getting some political backing from a more unexpected […]

Can you beat Google with Google’s brains?

5 years 7 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Danny and Alex and Grace were all here to chat through the week’s biggest tech happenings. Like every week, we had to leave a lot of great stuff on the cutting-room floor. But, we did get to touch on a bunch of […]

Shell’s Gamechanger Accelerator selects three companies for its energy transition accelerator

5 years 7 months ago
Yesterday, the European oil and gas major producer Shell announced the latest cohort selected to participate in its Shell GameChanger Accelerator (GCxN), focused on supporting companies developing tech for the transition away from fossil fuels. The three companies will have access to technical resources through Shell that can serve to aid in their commercialization. “GCxN’s […]

Assembled, an operating system for support teams, raises $16.6M

5 years 7 months ago
From the point of view of a consumer, customer service sometimes feels like a monolith, but behind the scenes it can be a very fragmented business, with dozens of companies providing various different tools to help agents do their jobs. Today, a startup founded by three Stripe alums that has set out to build a […]

How ByteDance plans to crack the gaming industry

5 years 7 months ago
For the last few years, ByteDance, the parent company of short video app TikTok, has been working to diversify its revenue streams beyond advertisement and find more ways to monetize its hundreds of millions of users. One area it is targeting is gaming, which has historically been a lucrative business in China’s internet economy. China […]

Luminar, Volvo subsidiary partner to sell automated driving systems to automakers

5 years 7 months ago
Luminar Technologies has deepened ties with Volvo Cars to develop and eventually sell an automated driving system for highways to other automakers. The partnership, announced Thursday, is between Luminar and Volvo’s self-driving software subsidiary Zenseact. The two companies are combining their tech to create what Luminar founder and CEO Austin Russell described as a “holistic […]

Legl gets $7M to help law firms upgrade to digital workflows

5 years 7 months ago
B2B SaaS startup Legl has bagged $7M in Series A funding led by Octopus Ventures for its platform for law firms which offers tools to streamline core business processes such as customer onboarding, due diligence and payments. Existing investors Backed, Samaipata and First Round Capital, and angels including Carlos Gonzalez-Cadenas (ex CPO and COO GoCardless), Al Giles […]

Daily Crunch: NFT artwork sells for $69M

5 years 7 months ago
The artist Beeple scores a huge NFT sale, Twitter Spaces are coming soon and Seth Rogen’s weed startup launches in the U.S. This is your Daily Crunch for March 11, 2021. The big story: NFT artwork sells for $69M For the first time, auction house Christie sold a digital-only artwork: “Everydays — The First 5000 […]
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