Intudo Ventures, the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Fund III’s limited partners include Black Kite Investments, the family office of Singaporean businessman Koh Bon Hwee; Wasson Enterprises, the family office of […]
Four months after its last funding announcement, Singapore-based e-commerce aggregator Rainforest has closed a $20 million pre-Series A round led by Monk’s Hill Ventures. Other participants included January Capital, Crossbeam Venture Partners, Amasia and Lo & Behold Group, along with returning investors Nordstar and Insignia Venture Partners. Rainforest announced in May that it had raised […]
Marshmallow — a U.K.-based car insurance provider that has made a name for itself in the market by providing a new approach to car insurance aimed at using a wider set of data points and clever algorithms to net a more diverse set of customers and provide more competitive rates — is announcing a milestone […]
Reducing waste is key to meeting environmental milestones, and some retail firms have narrowed in on a unique approach to minimize what their customers throw away: personalization.
San Francisco-based startup Orbit Fab wants to be the go-to source for orbital refueling, and now it has raised over $10 million in its quest to get there. The money will go toward funding a refueling trial that’s due to launch as early as the end of 2022, in which the company plans to send […]
Twitter is exploring ways to build a more visually immersive experience with its latest test, which brings edge-to-edge tweets to the app on iOS. Full-width images and videos track for the direction the company has shown some interest in going lately. Twitter introduced bigger images with improved cropping controls for its pair of mobile apps […]
In late summer, car collectors converged in Monterey, Detroit and, most recently, Oxford, England, in an annual tradition focused on ogling over — and oftentimes bidding for — luxury and historic vehicles. The outdoor luxury automotive events ruled in 2021 after a universal pause the year before due to the COVID-19 pandemic. The events, which […]
The process to train algorithms to detect wear and tear would be different for factories that produce different products; after all, a shoe is not a smartphone is not a bicycle.
Not all startup growth is equal, and there are a few key aspects that make the difference between a startup reaching its full potential or falling short.
Don't wait to be blindsided: Put an action plan in place to assess employee engagement. Remember, seven out of the next 10 people you see on a video call might be polishing their resumes.
Ford Motor has hired Doug Field, the engineering executive who was leading Apple’s special projects team, as the automaker seeks to gain an edge in software and other advanced technology. Field, who previously was senior vice president of engineering at Tesla, was named Tuesday as Ford’s chief advanced technology and embedded systems officer. Field was […]
Solid Power, a battery developer backed by Ford and BMW, is expanding its Colorado-based factory footprint as it prepares pilot production of its solid state batteries early next year. The new production facility will be dedicated to manufacturing one of the company’s flagship products, a sulfide-based solid electrolyte material, by up to 25 times its […]
Microsoft today is introducing its own personalized news reading experience called Microsoft Start, available as both a website and mobile app, in addition to being integrated with other Microsoft products, including Windows 10 and 11 and its Microsoft Edge web browser. The feed will combine content from news publishers, but in a way that’s tailored […]
Just like the automotive industry, aerospace has its sights set on going electric — but flying with battery-powered engines is a tougher proposition than rolling. Wright is among the startups looking to change the math and make electrified flight possible at scales beyond small aircraft — and its 2-megawatt engine could power the first generation […]
A jury will soon decide whether former Theranos CEO Elizabeth Holmes is guilty of a federal crime. But the deeper public policy questions that Theranos raised remain unanswered. How did a startup built on a technology that never worked grow to a valuation of $9 billion?
Speech recognition holds tremendous promise for something desperately needed in the era of COVID-19: technology that can significantly improve reading outcomes and tackle the global literacy crisis in a real and profound way.
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 to catch up on weekend news and prep for the days ahead. We’re here on Tuesday this week since us folks in the United States had off for Labor Day. You […]
We interviewed MuteSix CRO Greg Gillman to discuss how the LA-based performance marketing agency bets on content and data to work with its direct-to-consumer e-commerce clients.
