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Indian B2B e-commerce startup Udaan raises $280 million

5 years 9 months ago
Business-to-business marketplace Udaan has raised $280 million from new and existing investors as the Indian startup builds a war-chest to accelerate its growth and fend off rivals. The new capital is not part of a new financing round but is an extension of its Series D. The Bangalore-based startup, which secured $585 million prior to […]

Indonesian robo-advisor app Bibit raises $30 million led by Sequoia Capital India

5 years 9 months ago
Bibit, a robo-advisor app that wants to make investing more accessible in Indonesia, has raised $30 million from Sequoia Capital India. Returning investors East Ventures, EV Growth, AC Ventures and 500 Startups also participated. This funding is a growth round and comes after Bibit’s May 2019 Series A. It brings the company’s total funding so […]

Oxbotica raises $47M to deploy its autonomous vehicle software in industrial applications

5 years 9 months ago
While the world continues to await the arrival of safe, reliable and cost-effective self-driving cars, one of the pioneers in the world of autonomous vehicle software has raised some substantial funding to double down on what it sees as a more immediate opportunity: providing technology to industrial companies to build off-road applications. Oxbotica, the Oxford, […]

Google to add App Store privacy labels to its iOS apps as soon as this week

5 years 9 months ago
Contrary to reports, Google is not delaying updates to its iOS apps because it doesn’t want to comply with Apple’s recently announced App Store Privacy Labels policy. The new policy, a part of the company’s larger privacy push, requires developers to disclose how data is collected from App Store users and used to track them. […]

OpenAI’s DALL-E creates plausible images of literally anything you ask it to

5 years 9 months ago
OpenAI’s latest strange yet fascinating creation is DALL-E, which by way of hasty summary might be called “GPT-3 for images.” It creates illustrations, photos, renders or whatever method you prefer, of anything you can intelligibly describe, from “a cat wearing a bow tie” to “a daikon radish in a tutu walking a dog.” But don’t […]

Daily Crunch: NYSE won’t delist Chinese telcos

5 years 9 months ago
The New York Stock Exchange reverses course, Nintendo acquires a game studio and an Indian electronics and lifestyle startup raises $100 million. This is your Daily Crunch for January 5, 2021. The big story: NYSE won’t delist Chinese telcos The New York Stock Exchange is reversing a recent decision to delist China’s three major telecom […]

Sources: Hinge Health has raised $310M Series D at a $3B valuation

5 years 9 months ago
Hinge Health, the San Francisco-based company that offers a digital solution to treat chronic musculoskeletal (MSK) conditions — such as back and joint pain — has closed a $310 million in Series D funding, according to sources. The round is led by Coatue and Tiger Global, and values 2015-founded Hinge at $3 billion post-money, people […]

Remembering TechCrunch Japan’s Hirohide Yoshida (1971-2020)

5 years 9 months ago
On New Year’s Eve, TechCrunch Japan’s Editor-in-Chief Hirohide Yoshida passed away at age 49. In addition to being a tremendously valuable member of our international team who helped build the site’s presence on the international stage, Hiro-san was a thoughtful, warm and kind colleague who impacted the lives of those of us who had the […]

Minecraft Earth will shut down in June

5 years 9 months ago
Throughout 2019, Microsoft experimented with building a real-world, augmented reality Minecraft game designed in the same vein as Pokémon GO. Called Minecraft Earth, they finally opened it up to everyone in November of 2019. In just a few months, it’ll shut down and all player data will be deleted. So what happened? Writes the Minecraft […]

Dell monitors embrace video calls with pop-up webcams and Teams buttons built in

5 years 9 months ago
Dell’s latest monitors reflect the growing need for simple, solid solutions to video conferencing needs, with a clever pop-up camera and a perhaps too clever by half Teams integration. The new displays integrate a number of advanced features — but they’re still made strictly with offices in mind. The new Dell 24, 27 and 34 […]

FBI, NSA say ongoing hacks at US federal agencies ‘likely Russian in origin’

5 years 9 months ago
The U.S. government says hackers “likely Russian in origin” are responsible for breaching the networks of at least 10 U.S. federal agencies and several major tech companies, including FireEye and Microsoft. In a joint statement published Tuesday, the FBI, the NSA and Homeland Security’s cybersecurity advisory unit, CISA, said that the government was “still working […]

P&G terminates plan to acquire razor startup Billie following FTC lawsuit

5 years 9 months ago
Procter & Gamble will not acquire women’s beauty products startup Billie, as previously planned, following action taken by the U.S. Federal Trade Commission to stop the deal from proceeding. In December, the FTC sued to block P&G’s acquisition of the New York-based startup Billie, a maker of women’s razors and other beauty products, on the grounds […]

Coral Vita cultivates $2M seed to take its reef restoration mission global

5 years 9 months ago
Coral reefs all over the world are struggling to survive, with millions of people and billions of dollars in business that rely on them at risk — on top of the fundamental tragedy of losing such a crucial ecosystem. Coral Vita aims to modernize both coral restoration techniques and the economy surrounding them, and has […]

Nintendo buys Canadian game studio in rare acquisition

5 years 9 months ago
While gaming giants Sony and Microsoft have made M&A a critical part of their strategic growth plans, Nintendo has always seemed to be more reluctant to bring outside talent into the fold of its video game empire. Today, the company announced that it will be acquiring the developer behind Luigi’s Mansion 3, Canada-based Next Level […]

Affirm targets up to $38 per share in IPO, pushing its valuation above $9B

5 years 9 months ago
Today Affirm, a fintech startup that offers payment options to e-commerce customers, released a new S-1/A filing. The new document follows a late-December filing of a similar nature, though that update focused on changing the language of Affirm’s reported results, tweaking its language to remove some adjusted metrics and hewing closer to generally accepted accounting […]
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