Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55 million. With this, APX, which launched in 2018, is now able to deploy up to €500,000 in pre-Series A seed funding per company. That’s […]
No-code — software that lets you accomplish tasks that previously required coding skills — is an increasingly hot space, even if the basic premise has been promised and not fully realised for many years. Related to this are companies like Airtable, which attempt to make building relational databases and interrogating them as easy as creating […]
Lucile Cornet has been appointed Partner with Eight Roads Ventures Europe, a firm focusing on startups in Europe and Israel. Cornet is its first female Partner. Eight Roads is backed by Fidelity and has over $6 billion assets under management globally. Cornet will be focusing on the software and fintech sectors and previously led a […]
With every year, AI is beginning to bring more standardized levels of diagnostic accuracy in medicine. This is true of skin cancer detection, for example, and lung cancers. Now, a startup in Israel called Embryonics says its AI can improve the odds of successfully implanting a healthy embryo during in vitro fertilization. What the company […]
French startup Georges — or Georges.tech — is raising a new round of funding of $42.4 million (€35 million). The company is also getting a new name and will be called Indy going forward. The startup has been building an accounting automation application for freelancers and small companies. Singular is leading today’s funding round. You […]
When the two year-old Indian company Jetsons Robotics began searching for a partner to help design charging stations for their autonomous rooftop solar installation cleaning robots, the Israeli company Powermat was an obvious choice. While the company had made its name as the designer for wireless charging technologies for consumer electronics, over the past two […]
iSTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment […]
Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it […]
Genflow, a London and LA-based brand-building agency that offers an e-commerce and mobile tech platform to let influencers start companies, has raised $11 million in funding. Leading the round is U.K. investor BGF. The injection of capital will be used by Genflow to further scale its offering and for international expansion. Founded in 2016 by […]
On his way out the door, President Donald Trump pardons a former Googler, Jack Ma reappears and Wattpad gets acquired. This is your Daily Crunch for January 20, 2021. The big story: Trump pardons Anthony Levandowski Although Donald Trump is no longer president of the United States as I write this, he still held the […]
Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, […]
ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Other participants include LocalGlobe and existing investors, including TLcom Capital and […]
Following Joseph Biden’s swearing in as the 46th president of the United States, Amazon is offering help in the administration’s stated goals for rolling out the COVID-19 vaccine. In a letter provided to TechCrunch, Worldwide Consumer CEO Dave Clark congratulates Biden and Vice President Kamala Harris, while promising, “to assist you in reaching your goal […]
TikTok is testing a new video Q&A feature that allows creators to more directly respond to their audience’s questions with either text or video answers, the company confirmed to TechCrunch. The feature works across both video and livestreams (TikTok LIVE), but is currently only available to select creators who have opted into the test, we […]
The massive shift to remote work due to COVID-19 has resulted in a huge reduction in emissions from vehicles and other sources, but it comes with costs of its own. A new study puts tentative carbon costs on the connectivity and data infrastructure that make working from home possible — and gives you an excuse […]
Ironhack, a company offering programming bootcamps across Europe and North and South America, has raised $20 million in its latest round of funding. The Miami-based company (with locations in Amsterdam, Barcelona, Berlin, Lisbon, Madrid, Mexico City, Miami, Paris and São Paulo) said it will use the money to build out more virtual offerings to complement […]
WhiteHouse.gov, the official website for all presidential actions and efforts, is among the first things to be changed up under the freshly inaugurated President Biden. A fashionable dark mode appeared, as well as a large text toggle for straining eyes, and the webmaster has committed to making the whole site conform to the latest accessibility […]
Monzo founder Tom Blomfield is departing the U.K. challenger bank entirely at the end of the month, staff were informed earlier today. Blomfield held the role of CEO until May last year when he assumed the newly created title of president and resigned from the Monzo board. However, having been given the time and space […]
