The war between Box’s current leadership and activist shareholder Starboard took a new turn today with a detailed timeline outlining the two groups’ relationship, thanks to an SEC filing and companion press release. Box is pushing back against a slate of board candidates put forth by Starboard, which wants to shake up the company’s leadership and sell […]
Super.mx, an insurtech startup based in Mexico City, has raised $7.2 million in a Series A round led by ALLVP. Co-founded in 2019 by a trio of former insurance industry executives, Super.mx’s self-proclaimed mission is to design insurance for “the emerging Latin American middle class,” according to CEO Sebastian Villarreal. “That means insurance that is […]
Bentley Motors, the 102-year-old ultraluxury automaker under Volkswagen Group, revealed its newest hybrid model on Tuesday. The company says this latest iteration of the Flying Spur Hybrid is its most environmentally friendly vehicle yet. This new model is part of Bentley’s Beyond100 plan to become a carbon-neutral organization with an entirely electrified range by 2023 […]
Amazon announced this morning it would begin to sell its own brand of COVID-19 at-home tests to Amazon shoppers in the U.S. The test retails for $39.99 on the Amazon.com website and is available to any U.S. customer without a prescription. The COVID-19 PCR collection kit is shipped to the customer’s home via Amazon Prime, […]
Hello and welcome back to Equity, TechCrunch’s venture-capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday Tuesday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […]
Video game platform Roblox announced this morning it has partnered with Sony Music Entertainment on a deal that will allow the two companies to work together to create music experiences for the Roblox community, including opportunities that would give Sony Music artists a way to reach new audiences and generate revenue. The announcement follows last month’s […]
The pet care industry has boomed over the past several years. From Chewy’s IPO to the various veterinarian startups that have sprung up, VC money (and consumer cash) is flowing into the space. Wagmo is no different. The pet insurance and perks startup has closed on a $12.5 million Series A financing, led by Revolution […]
The long holiday weekend may be over here in the states, but you still have a few hours left to take advantage of our two-for-one sale on passes to all four TechCrunch 2021 events. Don’t miss out — the sale ends tonight, July 6, at 11:59 pm (PT). All four TechCrunch events take place in […]
To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the first hire on the investment team of Formation 8, the VC firm co-founded by Palantir’s Joe Lonsdale. After iFly.vc backed Weee! […]
Pittsburgh is known as the Steel City, but these days, the city is turning to startups rather than steel. Mayor Bill Peduto lead this charge since taking office in 2014. He recently spoke at TechCrunch’s City Spotlight: Pittsburgh event, where he outlined the opportunity and challenges for entrepreneurs considering founding and running their companies in […]
The space SPAC frenzy might’ve died down, but it isn’t over: Earth observation startup Satellogic is the latest to go public via a merger with CF Acquisition Corp. V, a special purpose acquisition company set up by Cantor Fitzgerald. Satellogic already has 17 satellites in orbit, and aims to scale its constellation to over 300 […]
So much for the big E3 reveal. Weeks after the big gaming show, Nintendo has finally taking the wraps off the latest iteration of its wildly popular hybrid gaming console. The Nintendo Switch (OLED model) [parentheses theirs] will arrive on October 8, priced at $350. That is, the company’s quick to note, the same day […]
Amazon founder and CEO Jeff Bezos has always liked to motivate his employees by saying every day is Day 1. Well, it is actually Day 1 for his successor Andy Jassy, who officially moves into the corner office at Amazon today. Bezos announced that he would be stepping down as CEO in February to focus […]
Algorithmic management of gig workers has landed Glovo-owned on-demand delivery firm Foodinho in trouble in Italy where the country’s data protection authority issued a €2.6 million penalty (~$3M) yesterday after an investigation found a laundry list of problems. The delivery company has been ordered to make a number of changes to how it operates in […]
It’s not often that you hear DNA described as a wafer – but that’s the analogy that Grant Aarons, the founder of FabricNano, a cell-free biomanufacturing company uses to describe his company’s major product. That DNA, the company hopes, will make a dent in a growing global petrochemical industry that currently relies on fossil fuels […]
Influential entrepreneurs like Paul Graham and Naval Ravikant always preach the need for startups to have founders-turned-investors on their cap table. As Ravikant puts it, “founders want to know that the people they are taking money from have first-hand experience.” His platform AngelList has helped individual founders-cum-investors source and participate in deals via collectives. However, […]
Fittingly, we don’t know a lot about Nothing. The young hardware startup has, however, done a stellar job building hype around precisely that fact. In the lead up to the July 27 launch of the company’s first product, the Ear 1, the Nothing marketing machine has released information in drabs and drabs. Ahead of the […]
