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BigID keeps rolling with $70M Series D on $1B valuation

5 years 10 months ago
BigID has been on the investment fast track, raising $94 million over three rounds that started in January 2018. Today, that investment train kept rolling as the company announced a $70 million Series D on a valuation of $1 billion. Salesforce Ventures and Tiger Global co-led the round with participation from existing investors Bessemer Venture […]

ZeroAvia’s hydrogen-powered vision for aviation nets $21.4 million from Amazon, Shell, and Bill Gates-backed fund

5 years 10 months ago
ZeroAvia, the company that’s on a mission to move the world to zero-emission, hydrogen-fueled flight, has just received some corporate jet fuel in the form of a new $21.4 million cash infusion. The investment came from the Bill Gates-backed Breakthrough Energy Ventures and the Ecosystem Integrity Fund,  which led the company’s latest round, alongside previous investors […]

Capella Space now offers the highest resolution SAR imagery commercially available

5 years 10 months ago
SF-based small satellite startup Capella Space is now exclusively offering the most cutting-edge synthetic aperture radar (SAR) imagery available on the commercial market. The company has now made available 50cm x 50cm ‘Spot’ imagery – much higher resolution than the previous 1m x 25cm images that were the best available. SAR imagery offers advantages vs. […]

Dry cleaning robotics startup Presso raises $1.6M as it shifts focus to Hollywood

5 years 10 months ago
Robotic dry cleaning startup Presso today announced that it has closed a $1.6 million pre-seed with investment from Pathbreaker, AME Cloud Ventures, SOSV, 1517 Fund and YETI Capital. The Atlanta-based startup has developed a kiosk capable of dry cleaning a garment in around five minutes. Initially focused on business travelers, with plans to install machines […]

New Wave is a new European seed fund headed up by ex-Accel VC Pia d’Iribarne

5 years 10 months ago
Pia d’Iribarne, formerly of Accel and Stride, is heading up a new European early stage venture capital firm co-founded with French entrepreneur and investor Xavier Niel, TechCrunch has learned. Dubbed New Wave, its debut fund of $56 million was raised in just 3 months and has already begun making investments. It is said to be […]

StockX raises $275m Series E, valuing the retailer at $2.8b

5 years 10 months ago
StockX today announced its Series E funding led by Tiger Global. The $275 million funding round values the company at $2.8 billion at a post-money valuation. The company intends to use the cash to accelerate global expansion, product development, and to expand StockX’s categories. Rumors are swirling that this financing will allow the company to […]

Facebook to move UK users out of EU’s privacy jurisdiction next year, post-brexit

5 years 10 months ago
Facebook is to follow Google’s lead and move millions of UK users out of the jurisdiction of EU privacy laws to the US (which has no such comprehensive data protection framework) next year under a looming Brexit-related change to its T&Cs, Reuters reported yesterday. Confirming the switch, Facebook told the news agency: “Like other companies, […]

Why Alibaba rival Pinduoduo is investing in agritech

5 years 10 months ago
Back in 2018, Pinduoduo sent shock waves through the investor community when it raised $1.6 billion from a Nasdaq listing as a three-year-old company. Online shoppers in China were excited to see its rise as an alternative to long-time market dominators Alibaba and JD.com. But the startup founded by former Google engineer Colin Huang has […]

Australia sues Facebook over its use of Onavo to snoop

5 years 10 months ago
Yet more trouble brewing for Facebook: Australia’s Competition and Consumer Commission (ACCC) is suing the tech giant over its use, in 2016 and 2017, of the Onavo VPN app to spy on users for commercial purposes. The ACCC’s case accuses Facebook of false, misleading or deceptive conduct toward thousands of Australian consumers, after it had […]

Facebook relaunches Instagram Lite app, begins test in India

5 years 10 months ago
Facebook is working to bring back the Instagram Lite app, months after it shut down the light version offering worldwide. The social conglomerate said on Wednesday that it is testing the revamped Instagram Lite app in India, where it hopes to “gain valuable insights” about the new offering before “a global rollout” of the app […]

Extra Crunch membership now available in Switzerland

5 years 10 months ago
TechCrunch readers in Switzerland can now purchase Extra Crunch membership. Join our growing community of founders, startup teams, and investors here.  Use the code SWISSCRUNCH during checkout for an additional 25% off an annual or 2-year plan. The discount code expires on January 15, 2021. Thanks to everyone who voted on where to expand. If […]

Hong Kong-based Pickupp makes logistics more affordable for e-commerce sellers

5 years 10 months ago
Logistics is one of the biggest challenges in e-commerce, especially for smaller merchants. Pickupp helps them compete in the on-demand economy with flexible, customizable delivery services. Based in Hong Kong, Pickupp also operates in Malaysia, Singapore and Taiwan, and claims it can save clients an average of about 28% in logistic costs. Pickupp is able […]

MessageBird acquires real-time notifications and in-app messaging platform Pusher for $35M

5 years 10 months ago
MessageBird, the omnichannel cloud communications platform recently valued at $3 billion following a Series C round in October, has acquired London-based real-time web technologies company Pusher. The acquisition price is $35 million, and sees Pusher co-founder and CEO Max Williams and the 25-person Pusher team join Amsterdam-headquartered MessageBird . (In 2018, Pusher told TechCrunch it […]
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