Depository of News

EverAfter closes $13M to help companies ride off into the sunset with their customers

EverAfter's customer-facing tool streamlines onboarding and retention and enables B2B clients to embed personalized customer portals within any product.

Here’s what your BNPL startup could be worth

What would you pay for $1 of BNPL GMV?

Xiaomi launches its own smart glasses, of course

Xiaomi is challenging Facebook in the wearables arena by launching its own smart glasses. The device won't only be capable of taking photos, but also of displaying messages, notifications and more.

Sonos’ second-gen Beam soundbar supports Dolby Atmos

Today, the Sonos Beam is getting a major upgrade. The new, second-generation Beam goes on sale today for $449 and will be available on October 5th, and includes Dolby Atmos support.

Skype alumni head to court in a battle over Starship Technologies and Wire

A new lawsuit threatens a decades-long collaboration that brought Skype, robot delivery startup Starship Technologies and encrypted enterprise messaging service Wire into the world. TechCrunch has learned that Mark Dyne, one of Skype’s founding investor

Immi takes in $3.8M to cook up plant-based instant ramen

The funding raise comes as Immi releases a reformulation of their product this year aimed at replicating traditional instant ramen in broth taste, mouthfeel, texture and slurp ability.

Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and p

Fintech startup SellersFunding raises $166.5M in equity, credit round to support e-commerce sellers

SellersFunding created a lending and financial services platform to streamline global commerce for thousands of marketplaces, including working capital, cross-border cash management and taxes.

SoftBank’s latest proptech bet is leading Pacaso’s $125M Series C

Less than six months after raising $75 million, Pacaso — a real estate platform which aims to help people buy and co-own a second home — announced today that it has raised $125 million at a $1.5 billion valuation. SoftBank Vision Fund 2 led the Se

Logistics robotics startup Ambi raises $26M

Five months ago, Ambi Robotics emerged from stealth with a $6 million raise. Today the Bay Area-based firm is back with several times that, announcing a $26 million Series A, led by Tiger Global. The new round also features participation from existing investo

SpaceX launches its first batch of Starlink satellites aimed at new coverage areas from California

SpaceX launched a Falcon 9 rocket carrying 51 of its Starlink satellites from Vandenberg Air Force Base in California on Monday night at 8:55 PM PDT (11:55 PM EDT). This was the first launch for the Starlink satellite internet constellation from the west coas

AgBiome lands $166M for safer crop protection technology

The company captures diverse microbes for agricultural applications, like crop protection, and screens strains for the best assays that would work for insect, disease and nematode control.

Glovo bags two grocery picking and delivery startups

More startup swapping in the food delivery space: Spain’s Glovo, an on-demand delivery platform which operates a network of dark stores focused on urban convenience shopping, is pushing deeper into planned grocery shopping — announcing the acquisi

SoftBank commits $3B more to investing in Latin American tech companies

SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies locate

Helsinki’s Maki.vc poised to close fund at €100M, key focus will be sustainability, deeptech

Helsinki-based VC Maki.vc is poised to reach the final close of its second fund at €100 million, with the aim to invest in seed-stage startups across Europe. The first investments from the new fund include UK-based Baseimmune (antigen discovery and vaccine

PassFort, a RegTech SaaS for KYC and AML, nets $16.2M

London-based PassFort, a SaaS provider that helps business meet compliance requirements such as KYC (Know Your Customer) and AML (Anti-Money Laundering) reporting, has closed a $16.2 million Series A led by US growth equity fund, Level Equity. The 2015-founde

South Korean antitrust regulator fines Google $177M for abusing market dominance

The Korea Fair Trade Commission (KFTC) said on Tuesday it fined Google $177 million for abusing its market dominance in its Android operating system (OS) market. The U.S. tech company has restricted market competition by prohibiting local smartphone makers li

Digital freight marketplace BridgeLinx raises $10 million in Pakistan’s largest seed funding

BridgeLinx, a 9-month-old Lahore-headquartered startup that operates a digital freight marketplace, said on Tuesday it has raised $10 million in what is the largest seed financing round in Pakistan. Harry Stebbings’ 20 VC, Josh Buckley’s Buckley Ventures

Chinese tech giant Baidu begins publicly testing Apollo Go robotaxis in Shanghai

Chinese search engine giant Baidu has begun publicly testing its Apollo Go robotaxi mobile platform in Shanghai, marking the company’s continued expansion of its footprint in China.  While Baidu says its robotaxis have achieved Level 4 capabilities, a

The Equity crew riffs on the Intuit-Mailchimp news

Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines. We are back! From this morning, I suppose. But the news cycle doesn’t wait for our publishing schedule, so the Equity cre

Daily Crunch: Apple urges users to update all devices after hacktivists reveal zero-day flaw

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

Amazon releases a Kindle software redesign to make navigation easier

Yeah, yeah, you don’t need to charge a real book — but you also don’t need to update a book’s software, and that’s also often true for Amazon’s Kindle, which rarely gets a software refresh. But now, our trusty Kindles rem

Use creative automation software to amp up your brand’s lower-funnel assets

In addition to driving a clear lift in revenue, automating digital marketing assets means cost and time savings, too.

Twitch sues two users for harassing streamers with hate raids

Twitch filed a lawsuit late last week against two people on its own platform for running automated hate and harassment campaigns. The harassment, often targeted at Black and LGBTQ streamers, manifests in a unique Twitch phenomenon as a “hate raid.”

Intuit confirms $12B deal to buy Mailchimp

This afternoon Intuit confirmed persistent rumors that it was in the process of buying MailChimp, detailing a $12 billion transaction that will bring the well-known email infra company to its corporate remit. Intuit is not a well-known player in the email mar

Instagram is building a ‘Favorites’ feature so you don’t miss important posts

Instagram confirmed it’s developing a new feature called “Favorites,” which would allow users to select certain accounts whose posts they would like to see higher in their feed. A similar feature already exists on Facebook where it gives use

Apple patches a NSO zero-day flaw affecting all devices

Apple has released security updates for a newly discovered zero-day vulnerability that affects every iPhone, iPad, Mac and Apple Watch. Citizen Lab, which discovered the vulnerability and was credited with the find, urges users to immediately update their dev

3 keys to pricing early-stage SaaS products

The pricing journey is long and, despite what some founders might think, jumping head-first into customer acquisition isn’t the first stop. Step one is making sure you have a fully fledged product.

Ford hires new chief digital information officer as it seeks to expand into software and services

Ford Motor has hired Mike Amend as its chief digital and information officer as the automaker seeks to expand into software, subscriptions and in-vehicle connectivity. Amend, who was president of Lowe’s Online for three years, will focus on Ford’s “use

Join Team TechCrunch at these speed networking sessions at Disrupt

Grab a red Sharpie, circle September 20 on your calendar (ooh, how old school), and get ready to jump start your TechCrunch Disrupt 2021 networking experience. Sure, Disrupt’s “official” run is September 21-23, but why wait to meet other movers and shak

How Colossal sold investors on a quest to resurrect a woolly mammoth

There are a growing number of companies interested in CRISPR’s potential to upend medicine. It’s probably safe to say there’s only one company interested in using the gene-editing system to create a living, breathing woolly mammoth. Or, at least, so

BitSight raises $250M from Moody’s and acquires cyber risk startup VisibleRisk

BitSight, a startup that assesses the likelihood that an organization will be breached, has received a $250 million investment from credit rating giant Moody’s, and acquired Israeli cyber risk assessment startup VisibleRisk for an undisclosed sum. Boston-ba

Epic Games appeals last week’s ruling in antitrust battle with Apple

Fortnite maker Epic Games is appealing last week’s ruling in its court battle with Apple, where a federal judge said Apple would no longer be allowed to block developers from adding links to alternative payment mechanisms, but stopped short of dubbing A

The past, present and future of IoT in physical security

It is impossible to compare where the IP camera industry stands today to where it stood 25 years ago without being impressed.

GM invests in radar software startup Oculii as demand for automated driving features rise

Oculii, a software startup that aims to improve the spatial resolution of radar sensors by up to 100-fold, has scored a new investment from General Motors. The new funding, which the two companies say is in the millions, comes just months after Oculii closed

SpotOn raises $300M at a $3.15B valuation and acquires Appetize

Last year at this time, SpotOn was on the brink of announcing a $60 million Series C funding round at a $625 million valuation. Fast forward to almost exactly one year later, and a lot has changed for the payments and software startup. Today, SpotOn said it h

What to make of Freshworks’ first IPO price range

It appears that Freshworks is pretty reasonably priced in its current range.

Toast looks toward $18B valuation in upcoming IPO

If you were considering buying into Toast's IPO in hopes of having a say in its future, don't. You won't.

Spotify’s Clubhouse clone adds six new weekly shows, some that tie to Spotify playlists

This summer, Spotify launched its live audio app and Clubhouse rival, Spotify Greenroom, with the promises of more programming to come in the months ahead to augment its then primarily user-generated live content. Today, the company is making good on that ear

GrubMarket gobbles up $120M at a $1B+ pre-money valuation to take on the grocery supply chain

When people talk about “online food delivery” services, chances are that they’ll think of the Uber Eats, Instacarts and Getirs of this world. But today a startup that’s tackling a different aspect of the market — addressing the s
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