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At Basis Set Ventures, merging venture capital and software development yields a $165 million new fund

5 years 5 months ago
When Xuezhao Lan first formed Basis Set Ventures, the goal was to leverage technology to give venture capital investing super powers. From the earliest days, when Lan hired former TechCrunch reporter John Mannes, and then built out the team with the data scientist Rachel Wong, former Upfront Ventures partner Chang Xu and former Opendoor vice […]
Jonathan Shieber

Fraud prevention platform Sift raises $50M at over $1B valuation, eyes acquisitions

5 years 5 months ago
With the increase of digital transacting over the past year, cybercriminals have been having a field day. In 2020, complaints of suspected internet crime surged by 61%, to 791,790, according to the FBI’s 2020 Internet Crime Report. Those crimes — ranging from personal and corporate data breaches to credit card fraud, phishing and identity theft […]
Mary Ann Azevedo

Google Fi turns 6 and gets a new unlimited plan

5 years 5 months ago
Google Fi, Google’s cell network, is turning six today and to celebrate, the team is launching a new pricing plan, dubbed “Simply Unlimited” starting at $60 per month for a single line (down to $30 per line for three lines or more). The new plan features unlimited calls and texts in the U.S., plus unlimited […]
Frederic Lardinois

Alexa von Tobel will join Disrupt 2021 as a Startup Battlefield judge

5 years 5 months ago
Alexa von Tobel, co-founder and managing partner of Inspired Capital, will be joining TechCrunch Disrupt 2021 taking place September 21-23 to help judge the startups competing in Startup Battlefield. NOTE: Applications are now open to don’t hesitate to throw your hat in the ring here! Prior to Inspired Capital, Alexa founded LearnVest in 2008 with […]
Sarah Perez

Proctorio sued for using DMCA to take down a student’s critical tweets

5 years 5 months ago
A university student is suing exam proctoring software maker Proctorio to “quash a campaign of harassment” against critics of the company, including an accusation that the company misused copyright laws to remove his tweets that were critical of the software. The Electronic Frontier Foundation, which filed the lawsuit this week on behalf of Miami University […]
Zack Whittaker

E-commerce tracking platform AfterShip raises $66M led by Tiger Global

5 years 5 months ago
AfterShip launched in 2012 to help online sellers track packages across different carriers, but since then it has built a suite of data analytics tools covering almost every step of the shopping experience, from email marketing to customer retention. The Hong Kong-headquartered startup announced today it has raised a $66 million Series B led by […]
Catherine Shu

Google’s Anthos multicloud platform gets improved logging, Windows container support and more

5 years 5 months ago
Google today announced a sizable update to its Anthos multicloud platform that lets you build, deploy and manage containerized applications anywhere, including on Amazon’s AWS and (in preview) on Microsoft Azure. Version 1.7 includes new features like improved metrics and logging for Anthos on AWS, a new Connect gateway to interact with any cluster right […]
Frederic Lardinois

Brazil’s Loft adds $100M to its accounts, $700M to its valuation in a single month

5 years 5 months ago
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation from a mix of new and existing investors such as DST, Tiger Global, Andreessen Horowitz, Fifth Wall and QED, among many others. At the […]
Mary Ann Azevedo

Universal Hydrogen raises $20.5M Series A to help launch hydrogen aviation

5 years 5 months ago
The race to decarbonize aviation got a boost this Earth Day with the announcement of a $20.5 million Series A round by Universal Hydrogen, a Los Angeles-based startup aiming to develop hydrogen storage solutions and conversion kits for commercial aircraft. “Hydrogen is the only viable path for aviation to reach Paris Agreement targets and help […]
Henry Pickavet

SOSV’s burgeoning climate portfolio is worth nearly $6 billion as planetary health bets pay off

5 years 5 months ago
The burgeoning climate-focused portfolio from early-stage investor SOSV Investments has managed to raise nearly $2 billion in follow-on financing since the startup companies graduated from the investment firm’s various accelerator programs. Taken together those companies have a collective market capitalization of nearly $6 billion. Ahead of Earth Day this year, the early-stage investor responsible for […]
Jonathan Shieber

PicPay, the Brazilian mobile payments platform, files for an IPO on Nasdaq

5 years 5 months ago
Brazilian mobile payments app PicPay filed on Wednesday an F-1 with the Securities and Exchange Commission (SEC) for an IPO valued at up to $100 million. The company plans to list on the Nasdaq under the ticker symbol PICS. PicPay operates largely as a financial services platform that includes a credit card, a digital wallet […]
Marcella McCarthy

Purple iPhone purple iPhone purple iPhone purple iPhone purple iPhone

5 years 5 months ago
With the spring comes color from Apple. The new iMacs are offered in seven different shades including a nice deep purple. As a refresh to the lineup, Apple has also released an iPhone 12 and iPhone 12 mini in a purple hue as well. I have a preview unit in hand to look at and […]
Matthew Panzarino

WhizzCo helps publishers maximize their content recommendation revenue

5 years 5 months ago
Israeli startup WhizzCo says it’s time for publishers to adopt the programmatic, auction-based approach when it comes to the ads in content recommendation widgets like Outbrain and Taboola. After all, publishers regular employ this approach for most of their other digital ad units. But co-founder and CEO Alon Rosenthal said that when trying to monetize […]
Anthony Ha

As capital pours in to climate investments, Congruent Ventures closes on $175 million for early stage bets

5 years 5 months ago
Congruent Ventures, the early stage investment firm focused on technologies and services designed to avert the current climate emergency, has raised $175 million in financing for its latest fund. The firm, which now has $300 million in assets under management, is focused on investing in pre-seed, seed and Series A rounds and was founded by […]
Jonathan Shieber

Satellite imagery startup Albedo closes $10M seed round

5 years 5 months ago
While most startups today are creating software, not every upstart enterprise is taking a code-only approach to building a business. Some of today’s most ambitious startups are aiming quite a bit higher. Albedo is one such company. The recent Y Combinator graduate wants to build a constellation of low-orbit satellites that can provide higher-resolution Earth […]
Alex Wilhelm

Bosch sees a place for renewable fuels, challenging proposed European Union engine ban

5 years 5 months ago
Bosch executives on Thursday criticized proposed EU regulations that would ban the internal combustion engine by 2025, saying that lawmakers “shy away” from discussing the consequences of such a ban on employment. Although the company reported it is creating jobs through its new businesses, particularly its fuel cell business, and said it was filling more […]
Aria Alamalhodaei
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