Financial comparison “super app” Jeff raises $1.5M seed extension
newsdepo.com
Financial services, especially those for people who don’t have access to traditional bank accounts or lines of credit, are proliferating in Southeast Asia. Jeff App wants to give consumers a “super app” where they can compare many financial products an
Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation
newsdepo.com
Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter told TechCrunch. If the talks materialize in a deal, CoinSwitch Kuber will become
After years of inaction against adtech, UK’s ICO calls for browser-level controls to fix ‘cookie fatigue’
newsdepo.com
In the latest quasi-throwback toward ‘do not track‘, the UK’s data protection chief has come out in favor of a browser- and/or device-level setting to allow Internet users to set “lasting” cookie preferences — suggesting th
Portcast gets $3.2M to create more transparent and sustainable supply chains
newsdepo.com
For many manufacturers and freight forwarders, managing logistics is still a very manual process: tracking shipments with a call or online lookup, and entering that data into an Excel spreadsheet. Portcast, which describes itself as a “next-generation logis
H2O Hospitality secures $30M Series C to expedite hotel digital transformation
newsdepo.com
The pandemic has triggered more demand for contactless and staff-less operations in the hospitality sector, and now H2O Hospitality, the unmanned hotel management company, has closed a $30 million round on the back of that boost. The South Korea and Japan-bas
Commerce platform ShopUp raises $75 million led by Valar in Bangladesh’s largest funding
newsdepo.com
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market. Peter Thiel’s Valar Ventures led ShopUp’s $75 million Series B financing round. Pro
A.ID closes Pre-Seed funding for ID verification platform aimed at high-risk clients
newsdepo.com
A.ID, an identity and compliance platform with a focus on high-risk clients, has closed a pre-seed investment round of $500,000 from angel investors including former employees of RobinHood, Square and Snap. The startup says it is addressing a market that trad
Financial automation startup Aurelia raises $3M Seed round led by Blossom Capital
newsdepo.com
Financial automation platform, Aurelia has raised $3 million in seed funding, led by Blossom Capital. Billing itself as a sort of “IFTTT for finance” aimed at small businesses that want to integrate their bank accounts with financial tools, Aurelia says t
Fractory raises $9M to rethink the manufacturing supply chain for metalworks
newsdepo.com
The manufacturing industry took a hard hit from the Covid-19 pandemic, but there are signs of how it is slowly starting to come back into shape — helped in part by new efforts to make factories more responsive to the fluctuations in demand that come wit
The Station: Lyft, Uber take action in Texas, Van Moof charges up with capital, an eVTOL SPAC deal gets knocked
newsdepo.com
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means o
Mobius Labs nabs $6M to help more sectors tap into computer vision
newsdepo.com
Berlin-based Mobius Labs has closed a €5.2 million (~$6.1M) funding round off the back of increased demand for its computer vision training platform. The Series A investment is led by Ventech VC, along with Atlantic Labs, APEX Ventures, Space Capital, Luna
ProtonMail logged IP address of French activist after order by Swiss authorities
newsdepo.com
ProtonMail, a hosted email service with a focus on end-to-end encrypted communications, has been facing criticism after a police report showed that French authorities managed to obtain the IP address of a French activist who was using the online service. The
Lee Fixel’s Addition invests over $75 million in Delhivery
newsdepo.com
Indian logistics firm Delhivery has courted one more high-profile investor before its expected IPO in the next two quarters: Lee Fixel’s Addition. The Gurgaon-headquartered firm has disclosed in a regulatory filing that Addition has invested $76.4 mill
Nigeria’s Autochek acquires Cheki Kenya and Uganda from ROAM Africa
newsdepo.com
Nigerian automotive tech company Autochek today is announcing the acquisition of Cheki Kenya and Uganda from Ringier One Africa Media (ROAM) for an undisclosed amount. Per a statement, Autochek will finalize the deal in the coming weeks. With the acquisition
Founders Factory and G-Force launch Seed program for climate-focused startups
newsdepo.com
UK tech accelerator Founders Factory is joining forces with a European counterpart to launch the Founders Factory Sustainability Seed program. Launched in partnership with G-Force (the G is for Green) based out of Bratislava, Slovakia, the program will look t
Spain’s Factorial raises $80M at a $530M valuation on the back of strong traction for its ‘Workday for SMBs’
newsdepo.com
Factorial, a startup out of Barcelona that has built a platform that lets SMBs run human resources functions with the same kind of tools that typically are used by much bigger companies, is today announcing some funding to bulk up its own position: the compan
Dukaan raises $11 million to help merchants in India set up online stores
newsdepo.com
Dukaan, a one-year-old Bangalore-based startup that enables merchants to set up online stores and sell products digitally, said on Monday it has raised $11 million in a new financing round as it looks to broaden its offerings and deepen footprints in the Sout
Singapore-based caregiving startup Homage raises $30M Series C
newsdepo.com
Homage, the caregiving-focused startup, has raised a $30 million Series C led by Sheares Healthcare Group, which is wholly-owned by investment firm Temasek. Other participants included new investors DG Daiwa Ventures and Sagana Capital, and returning backers
Mercedes-Benz throws down the EV gauntlet at IAA Mobility
newsdepo.com
Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and a G-Class SUV concept — all part of the company’s bid to become an electric-only automake
Quantum Machines plans to expand quantum orchestration platform with $50M investment
newsdepo.com
Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today. Today’s round was led by Red Dot Capital Partners with help from Ex
Food sharing app OLIO raises $43M Series B, as the world switches on to the food waste crisis
newsdepo.com
It was curious enough that OLIO, a UK startup with an app that lets users post a photo of unwanted food and share it with the local neighborhood, picked up $6 million in Series A funding back in 2018. Many outside observers wondered what was going on with thi
Volkswagen and Argo AI reveal first ID Buzz test vehicle for autonomous driving
newsdepo.com
Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. T
Today, Amazon Web Services is a mainstay in the cloud infrastructure services market, a $60 billion juggernaut of a business. But in 2008, it was still new, working to keep its head above water and handle growing demand for its cloud servers. In fact, 15 year
China roundup: Beijing wants tech giants to shoulder more social responsibilities
newsdepo.com
This week, the gaming industry again became a target of Beijing, which imposed arguably the world's strictest limits on underage players. On the other hand, China's tech titans are hastily answering Beijing's call for them to take on more social responsibilit
This Week in Apps: Another App Store settlement, Apple asks to personalize ads, Twitter launches Super Follows
newsdepo.com
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global c
What 377 Y Combinator pitches will teach you about startups
newsdepo.com
Along with a cadre of other TechCrunch folks, I spent this week extremely focused on one event: Y Combinator. The elite accelerator announced a staggering 377 startups as its Summer 2021 cohort. We covered every single on-the-record startup that presented an
Hello friends, and welcome back to Week in Review. Last week, we dove into the truly bizarre machinations of the NFT market. This week, we’re talking about something that’s a little bit more impactful on the current state of the web — Apple&
Talking shop with Twitter’s recent head of corp dev — and now VC — Seksom Suriyapa
newsdepo.com
Seksom Suriyapa was seemingly destined to land at a venture firm. A Stanford Law graduate, he worked at two blue-chip investment banks before joining the cybersecurity company McAfee as a senior corp dev employee, later logging six years at the human resource
Catching up with Twitter’s most recent head of corp dev — and new VC — Seksom Suriyapa
newsdepo.com
Seksom Suriyapa was seemingly destined to land at a venture firm. A Stanford Law graduate, he began his career at two blue-chip investment banks before joining the cybersecurity company McAfee as a senior corp dev employee, later logging six years at the huma
Rivian’s electric R1T pickup truck, R1S SUV get their official EPA ranges
newsdepo.com
Rivian announced Friday that the first edition version of its all-electric R1T pickup truck has an official EPA range of 314 miles, while its R1T SUV comes in a skosh higher at 316 miles. The official range and fuel economy values have been posted on the U.S
Make accessibility part of your startup’s products and culture from day one
newsdepo.com
Startups have an advantage here: They do not bear years of inaccessible baggage. It’s not written into the code of their products. It’s not woven into the business culture.
A founder’s guide to effectively managing your options pool
newsdepo.com
In today’s cash rich environment, options are more valuable than cash. Founders have many guides on how to raise money, but not enough has been written about how to protect your startup’s option pool.
NYC-based insurance underwriting platform Kalepa raises $14M Series A led by Inspired Capital
newsdepo.com
Kalepa, an insurance underwriting platform based out of New York, has raised a $14 million Series A funding round led by Inspired Capital, with participation from previous investor IA Ventures. Also participating was Gokul Rajaram of Doordash, Coinbase, and f
Playbyte’s new app aims to become the ‘TikTok for games’
newsdepo.com
A startup called Playbyte wants to become the TikTok for games. The company’s newly launched iOS app offers tools that allow users to make and share simple games on their phone, as well as a vertically scrollable, fullscreen feed where you can play the
Private equity giveth, and private equity taketh away
newsdepo.com
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris gathered to dig through the week’s biggest happenings, including some news o
Instagram may not be a photo-sharing app anymore, but Glass is
newsdepo.com
Instagram made headlines (including this one) when product head Adam Mosseri said in June that the app is “no longer just a square photo-sharing app,” since it’s pivoting its focus to shopping and video. But where does that leave photographe
Acquired by Mercedes-Benz, YASA’s revolutionary electric motor is set for big things
newsdepo.com
Back in July, YASA (formerly Yokeless And Segmented Armature), a British electric motor startup with a revolutionary ‘axial-flux’ motor, was acquired by Mercedes-Benz. The acquisition didn’t exactly garner enormous press attention, as scant othe