Arrival, the U.K. electric vehicle startup that will soon be a publicly traded company, plans to build a second microfactory in the United States. The announcement comes several months after Arrival picked Charlotte, North Carolina for its North American headquarters. This new microfactory will be located in West Charlotte near the airport and about 32 […]
We're checking in on the price investors paid for a block of Olo shares before it began trading and will look into the latest numbers in Coinbase's new S-1/A filing
Google earlier this year announced an update to Google Maps to help people find COVID-19 vaccination sites nearby, and now Apple is doing the same. Apple device owners can either ask Siri or search within Apple Maps to find nearby COVID-19 vaccine providers within the U.S., the company says. These results will include key information, […]
One of the biggest gripes about investing apps is that they are not acting responsibly by not educating users properly and allegedly letting them fend for themselves. This can result in people losing a lot of money, as evidenced by the number of lawsuits against Robinhood. Today, an eight-year-old company that has been focused on […]
When we think about getting access to an application, we tend to focus on the authentication side — granting or denying people (or devices) entry. But there is another piece to this, and that’s authorization. This is related to what you can do once you are inside the application, and Oso, an early-stage startup, has […]
LA and Bangalore-based space startup Pixxel has closed a $7.3 million seed round, including newly committed capital from Techstars, Omnivore VC and more. The company has also announced a new product focus: Hyperspectral imaging. It aims to provide that imaging at the highest resolution commercially available, via a small satellite constellation that will provide 24-hour, […]
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This is our Wednesday show, where we niche down and focus on a single topic, or theme. This is our sweet spot: going beyond definitions and into the dirty and deep impact of how a phenomenon could […]
Facebook this morning announced it will increase the penalties against its rule-breaking Facebook Groups and their members, alongside other changes designed to reduce the visibility of groups’ potentially harmful content. The company says it will now remove civic and political groups from its recommendations in markets outside the U.S., and will further restrict the reach […]
Clubhouse, the buzzy but still invite only social audio app that’s popular with the Silicon Valley technorati, is being investigated by France’s privacy watchdog. The CNIL announced today it’s opened an investigation into Clubhouse following a complaint and after it got some initial responses back from Alpha Exploration Co., the U.S.-based company behind the app. […]
Copy.ai, a startup building AI-powered copywriting tools for business customers, announced a $2.9 million round this morning. The investment was led by Craft Ventures. Other investors took part in the deal, including smaller checks from Li Jin’s newly-formed Atelier Ventures, and Sequoia. The startup is notable for a few reasons. First for its model of […]
Victories notwithstanding, the 2020 election blew up many of the assumptions Democrats have long held about the American electorate.In Florida, Arizona and elsewhere, Latino voters broke for Trump in unexpected numbers, upending conventional wisdom that the growing Spanish-speaking population will reliably vote the same way — and vote blue. Polling again failed to capture contours […]
Stack Overflow is the default Q&A site for programmers (though the overall Stack Exchange network goes well beyond helping you answer your basic PHP questions). But over the course of the last year and a half, with its new CEO Prashanth Chandrasekar coming on board, the company has also kickstarted its SaaS business with a […]
Policybazaar has raised $75 million as the Indian online insurance platform looks to expand its presence in UAE and Middle East. Sarbvir Singh, chief executive of PolicyBazaar, told TechCrunch that the startup had raised $75 million, but didn’t elaborate. Falcon Edge Capital led the new tranche of investment in the Indian startup, which has raised […]
Investors often say they don’t just invest in products, but in the right teams to solve a particular problem. With Steady, Adam Roseman built the platform based on his own personal experience. His father hadn’t saved enough for retirement and needed to work part-time. Steady is a platform that helps people find flexible jobs quickly, […]
For the first time, Pinduoduo has surpassed Alibaba in annual active users, marking the Chinese e-commerce upstart’s meteoric rise over the course of five years. The milestone also indicates Pinduoduo has overcome the early stereotype that it was an app for users in China’s less developed, low-tier cities. Pinduoduo made its name by removing intermediary […]
Back in December, Swell Energy said it would be raising $450 million to support the development of distributed power projects in three states. Now, with the announcement of a deal between the venture-backed startup and New York City’s utility, ConEd, industry watchers can get a glimpse of what those projects may look like. The Los […]
Unagi, the startup behind the portable, design-centric electric scooters, is launching its subscription service to six more U.S. cities in an expansion fueled by $10.5 million in funding. The startup, launched in late 2018 by former Beats Music CEO David Hyman and Mog co-founder, said Wednesday it is bringing its subscription service to Austin, Miami, […]
OctoML, a Seattle-based startup that offers a machine learning acceleration platform build on top of the open-source Apache TVM compiler framework project, today announced that it has raised a $28 million Series B funding round led by Addition. Previous investors Madrona Venture Group and Amplify Partners also participated in this round, which brings the company’s […]
In recent years, the publicly traded observability service New Relic started adding more machine learning-based tools to its platform for AI-assisted incident response when things don’t quite go as planned. Today, it is expanding this feature set with the launch of a number of new capabilities for what it calls its “New Relic Applied Intelligence […]
Digitail, a cloud service for veterinary surgeries and customers, has raised $2.5M in a Seed round led by byFounders and Gradient Ventures (Google’s AI fund), joined by Partech and a series of angels including as Dr. Ivan Zakharenkov (Smartflow). The startup was already backed (pre-seed round in 2019) by Fast Track Malmo. Digitail is currently […]
