Depository of News

Watch Blue Origin launch a test of NASA’s future Moon landing tech live

Blue Origin’s last launch was its landmark first human flight, carrying Jeff Bezos, his brother, Wally Funk and Oliver Daemen to suborbital space. Today, it’s flying New Shepard again — without any people on board, this time, but with a key payl

UK names John Edwards as its choice for next data protection chief as gov’t eyes watering down privacy standards

The UK government has named the person it wants to take over as its chief data protection watchdog, with sitting commissioner Elizabeth Denham overdue to vacate the post: The Department of Digital, Culture, Media and Sport (DCMS) today said its preferred repl

‘No code’ process automation platform, Leapwork, fires up with $62M Series B

Copenhagen-based process automation platform Leapwork has snagged Denmark’s largest ever Series B funding round, announcing a $62 million raise co-led by KKR and Salesforce Ventures, with existing investors DN Capital and Headline also participating. Al

PawaPay raises $9M seed backed by MSA, 88mph and Mr Eazi’s Zagadat Capital

When companies create digital payments-facing solutions for African countries outside Nigeria and South Africa, building around mobile money is key. It’s literally a no-brainer. The concept is ubiquitous in East Africa, but since mobile money is a telec

Mental health startup Intellect gets $2.2M to expand across Asia

Intellect, a Singapore-based startup that wants to make mental health care more accessible in Asia, announced it has raised $2.2 million in pre-Series A funding. It is taking part in Y Combinator’s current batch, which will hold its Demo Day at the end of t

Taktile makes it easier to leverage machine learning in the financial industry

Meet Taktile, a new startup that is working on a machine learning platform for financial services companies. This isn’t the first company that wants to leverage machine learning for financial products. But Taktile wants to differentiate itself from competit

Jolla hits profitability ahead of turning ten, eyes growth beyond mobile

A milestone for Jolla, the Finnish startup behind the Sailfish OS — which formed, almost a decade ago, when a band of Nokia staffers left to keep the torch burning for a mobile linux-based alternative to Google’s Android — today it’s a

The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others

Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions and the civil penalties it’s see

Solo.io integrates a cloud native API gateway and service mesh into its enterprise platform

Connecting to all the services and microservices that a modern cloud native enterprise application requires can be a complicated task. It’s an area that startup Solo.io is trying to disrupt with the new release of its Gloo Mesh Enterprise platform. Bas

Dawn Aerospace conducts five flights of its suborbital spaceplane

While the rocket launch sector is quickly becoming crowded, the same can’t be said for companies developing suborbital spaceplanes. This means there’s plenty of room to grow for startups like Dawn Aerospace, which has now completed five test flights of it

Peter Beck on Rocket Lab’s public listing debut, space SPACs and the Neutron rocket

Peter Beck’s earliest memory is standing outside with his father in his hometown of Invercargill, New Zealand, looking up at the stars, and being told that there could very well be people on planets orbiting those stars looking right back at him. “For a t

Peter Beck on Rocket Lab’s public listing debut, space SPACs, and the Neutron rocket

Peter Beck’s earliest memory is standing outside with his father in his hometown of Invercargill, New Zealand, looking up at the stars, and being told that there could very well be people on planets orbiting those stars looking right back at him. “For a t

Using AI to reboot brand-client relationships

Using strategically focused AI, brands can identify what their audiences are doing when they are not engaged in a purchase or using a product or service. The secret here is understanding context.

Daily Crunch: South Korea’s parliament delays final vote on ‘anti-Google law’

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Salad chain Sweetgreen buys kitchen robotics startup Spyce

Like so many other aspects of the robotics world, the pandemic has dramatically accelerated interest in the automated kitchen. After all, the food and restaurant industry was deemed essential amid global shutdowns, but finding kitchen staff proved a problem f

Dear Sophie: Can I still get a green card through marriage if I’m divorcing?

I received a conditional green card after I got married in 2019. We decided to divorce, but I want to remain in the U.S. Is it still possible for me to complete my green card based on my marriage?

YouTube has removed 1 million videos for dangerous COVID-19 misinformation

YouTube has removed 1 million videos for dangerous COVID-19 misinformation since February 2020, according to YouTube’s Chief Product Officer Neal Mahon in a new blog post.

Inspired by Airbnb, Hims & Hers offers 10,000 free medical visits to displaced Afghan refugees

Hims & Hers co-founder and CEO Andrew Dudum said Thursday that his company is in the process of distributing 10,000 primary care and mental health visits to displaced Afghan refugees. Founded in 2017, San Francisco-based Hims & Hers has built out a mu

Elastic acquisition spree continues as it acquires security startup CMD

Just days after Elastic announced the acquisition of build.security, the company is making yet another security acquisition. As part of its second-quarter earnings announcement this afternoon, Elastic disclosed that it is acquiring Vancouver, Canada based sec

LOVE unveils a modern video messaging app with a business model that puts users in control

A London-headquartered startup called LOVE, valued at $17 million following its pre-seed funding, aims to redefine how people stay in touch with close family and friends. The company is launching a messaging app that offers a combination of video calling as w

Astroscale successfully demos in-space capture-and-release system to clear orbital debris

Astroscale hit a major milestone Wednesday, when its space junk removal demo satellite that’s currently in orbit successfully captured and released a client spacecraft using a magnetic system. The End-of-Life Services by Astroscale-demonstration (ELSA-d) mi

Avalo uses machine learning to accelerate the adaptation of crops to climate change

Climate change is affecting farming all over the world, and solutions are seldom simple. But if you could plant crops that resisted the heat, cold, or drought instead of moving a thousand miles away, wouldn’t you? Avalo helps plants like these become a

Kanye wants to sell you a $200 music gadget

Kanye (or “Ye,” as it were) is going all out in the promotion of his upcoming tenth studio album, “Donda” (named for his late-mother, Donda West). In July, there was a massive listening party at New Orleans’ Mercedes-Benz Stadium (where he a

Canalys: U.S. PC sales up 17% YoY for quarter, even as tablet sales stagnate

Canalys released its quarterly U.S. PC sales today, and while the news was quite good with sales overall up 17% YoY, the growth slowed significantly from the prior quarter when sales soared to 74% pushed by the pandemic. HP retained top spot for the second st

Fig raises $2.2M to supercharge the terminal

Can an old Terminal learn new tricks? Fig, a company out of Y Combinator’s S20 class, has raised a $2.2M seed round to prove that it can. Their goal: augment (but don’t try to replace) the command line terminal that so many people use every day and make i

Hulu launches support for HDR on select original content

For the first time, Hulu has started adding support for HDR viewing, years after some of its competitors. The gradual rollout of HDR support began on August 19, Hulu told TechCrunch, and should be available to all users with HDR-compatible devices in the comi

Europe’s quick-commerce startups are overhyped: Lessons from China

More than 10 companies currently compete across Europe with an instant grocery delivery business model. Half of them were established in 2020, the year of the pandemic.

Zeit’s early warning wearable for sleep strokes could save hours and lives

Those at risk are always vigilant for the signs of a stroke in progress, but no one can be vigilant when they’re sleeping, meaning thousands of people suffer “wake-up strokes” that are only identified hours after the fact. Zeit Medical’

Shares is a new stock trading app with a focus on social features

Meet Shares, a new European startup that wants to add a social twist to financial investment — in that case, the company means ‘social’ as in ‘social network’. The startup has been developing its product under the radar for a few months already

Netflix sets ‘Tudum,’ its first ever virtual global fan event, for September 25

Netflix has announced Tudum, a global virtual fan event set for September 25 that will showcase exclusive news and first looks at some of the streaming giant’s original content. Tudum, which is named after the sound users hear when they press play on Netfli

Grocery delivery startup Membo is hungry to build a Europe-wide, local food producer network

Estonia-based Membo — which is backed by Y Combinator and will be presenting at the incubator’s Summer 2021 Demo Day next week — is aiming to take a slice of the premium end of grocery shopping in Europe and a bite out of supermarket giants&

Mindset, an artist-driven mental wellness audio platform, raises a $8.7M from Scooter Braun’s TQ Ventures and others

Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 million in seed funding. As co-founders of the K-pop focused podcast production company DIVE Studios, brothers Brian Nam, Eric Nam and Eddie N

D2C specs purveyor Warby Parker files to go public

Warby Parker has two main sales channels, largely attractive economics, falling losses and rising adjusted profitability. You could even argue it handled the pandemic well. So what's it worth? 

Cannabis e-commerce startup Jane Technologies raises $100m after stellar growth

Don’t call Jane Technologies the Amazon of weed. Instead, think of Jane Technologies as the Shopify of weed, and it’s an important distinction. While other startups attempt to build a destination marketplace like Amazon, Jane Technologies is tryin

Bright raises $15M for its live video platform that lets you Zoom with top creators

Bright, a live video platform that lets fans Zoom with their favorite creators and celebs, has raised $15 million in new funding, the company announced today. The round was co-led by co-founder and talent manager Guy Oseary’s Sound Ventures, the fund h

With investors like Lightspeed and The Chainsmokers, Mexican neobroker Flink raises $57M to boost financial inclusion in LatAm

Flink, a Mexico City-based neobroker, has raised $57 million in a Series B round of funding led by Lightspeed Venture Partners. The financing comes just over six months after Flink raised $12 million in a Series A round led by Accel. Existing backers Accel, A

Macro relaunches its Zoom skin to focus on self-expression and inclusion

Productivity has been a focal point for many enterprise businesses since before the pandemic hit, and even more so since its onset. But Macro founders Ankith Harathi and John Keck are taking a different tack. The startup’s Zoom SDK-powered product has b

Balance raises $25M in a Ribbit Capital-led Series A to grow its ‘consumer-like B2B checkout platform’

Balance, a payments platform aimed at B2B merchants and marketplaces, has raised $25 million in a Series A funding round led by Ribbit Capital. Avid Ventures participated in the financing, in addition to existing backers Lightspeed Ventures, Stripe, Y Combina

Wing approaches 100,000 drone deliveries two years after Logan, Australia launch

In a blog post this morning, Alphabet drone delivery company Wing announced that it is set to hit 100,000 customer deliveries over the weekend. The news comes on the second anniversary of the service’s pilot launch in Logan, Australia, a city of roughly 300

Mindset, an artist-driven mental wellness audio platform, raises a $8.7M from Scooter Braun and others

Mindset, a platform featuring personal story collections from recording artists, announced today that it raised $8.7 million in seed funding. As co-founders of the K-pop focused podcast production company DIVE Studios, brothers Brian Nam, Eric Nam and Eddie N
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