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Snap acquires AR startup WaveOptics, which provides tech for Spectacles, for over $500M

5 years 4 months ago
Snap yesterday announced the latest iteration of its Spectacles augmented reality glasses, and today the company revealed a bit more news: it is also acquiring the startup that supplied the technology that helps power them. The Snapchat parent is snapping up WaveOptics, an AR startup that makes the waveguides and projectors used in AR glasses. […]
Ingrid Lunden

LinkedIn is the reason Apple made the M1 chip

5 years 4 months ago
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week was good fun not only because we had the whole team together to record, but also because we are still basking in the endless glory of our winning a Webby earlier this week. Frankly we are still […]
Natasha Mascarenhas

Decentralized Komorebi Collective launches to back female and nonbinary crypto founders

5 years 4 months ago
As decentralized currencies have taken off in recent months, there’s been renewed attention around DAOs, or Decentralized Autonomous Organizations, as a means of bringing together groups of investors who can deploy capital as a unit while voting collectively on those investments. In the spirit of blockchain, they aim to bring greater transparency to investment decision-making. […]
Lucas Matney

India objects to ‘manipulated’ label on politicians tweets; asks removal of reference to ‘Indian variant’ of coronavirus

5 years 4 months ago
The Indian government has expressed strong objection to Twitter for classifying tweets by Indian politicians as “manipulated media,” and separately asked social media firms to remove posts that refers to an “Indian variant” of the coronavirus. The first notice comes two days after Twitter labeled a tweet from Sambit Patra, the spokesperson of India’s ruling […]
Manish Singh

Indonesian agritech platform TaniHub Group harvests a $65.5M Series B round

5 years 4 months ago
TaniHub Group, an Indonesian startup that helps farmers get better prices and more customers for their crops, has raised a $65.5 million Series B. The funding was led by MDI Ventures, the investment arm of Telkom Group, one of Indonesia’s largest telecoms, with participation from Add Ventures, BRI Ventures, Flourish Ventures, Intudo Ventures, Openspace Ventures, […]
Catherine Shu

BuffaloGrid and Techfugees launch education, solar charging initiative for refugees, aim to raise $3M

5 years 4 months ago
BuffaloGrid, a startup that provides phone charging and digital content to people in off-grid environments, is teaming up with the Techfugees refugee nonprofit to provide free educational content and device charging to displaced people across East Africa and the Middle East. The initial service will see solar-powered “BuffaloGrid Hubs” deployed in refugee camps across Kenya […]
Mike Butcher

Rakuten and Beyond Next invest $1.4M seed funding in farm-to-table startup Secai Marche

5 years 4 months ago
Farmers and food businesses, like restaurants, deal with the same issue: a fragmented supply chain. Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and enabling food businesses to bundle products from different farmers into the same order. The company is headquartered in Japan, with operations in Malaysia, and plans to expand into […]
Catherine Shu

factory14 raises $200M to jump into the Amazon marketplace roll-up race

5 years 4 months ago
It doesn’t feel like a week goes by at the moment that another startup doesn’t emerge armed with a huge wallet of cash to pursue a strategy of consolidating and then scaling promising brands that have built a business selling on marketplaces like Amazon’s. In the latest development, a startup called factory14 is coming out […]
Ingrid Lunden

Apple launches an affiliate program for paid podcast subscriptions

5 years 4 months ago
Apple last month unveiled its plans for paid podcast subscriptions in a newly redesigned Apple Podcasts app. Now, it’s introducing a new program that will help podcast creators grow their subscriber base: affiliate marketing. The company’s “Apple Services Performance Partner Program,” which already exists to help market other Apple services like Apple TV, Apple News […]
Sarah Perez

Portside raises $17M for its business aviation management platform

5 years 4 months ago
Portside, an aviation startup that is building a platform for managing the backend of a corporate flight department, charter operation, government fleet and fractional ownership operation, today announced that it has raised a $17 million funding round led by Tiger Global Management, with participation from existing investors I2BF Global Ventures and SOMA Capital. The idea […]
Frederic Lardinois

Snap emphasizes commerce in updates to its camera and AR platforms

5 years 4 months ago
At Snap’s Partner Summit, the company announced a number of updates to the company’s developer tools and AR-focused Lens Studio, including several focused on bringing shopping deeper into the Snapchat experience. One of the cooler updates involved the company’s computer vision Scan product, which analyzes content in a user’s camera feed to quickly bring up […]
Lucas Matney
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