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Xesto is a foot-scanning app that simplifies shoe gifting

5 years 11 months ago
You wait ages for foot-scanning startups to help with the tricky fit issue that troubles online shoe shopping and then two come along at once: Launching today in time for Black Friday sprees is Xesto — which, like Neatsy, which we wrote about earlier today, also makes use of the iPhone’s TrueDepth camera to generate […]

Google, Facebook and Twitter threaten to leave Pakistan over censorship law

5 years 11 months ago
Global internet companies Facebook, Google and Twitter and others have banded together and threatened to leave Pakistan after the South Asian nation granted blanket powers to local regulators to censor digital content. Earlier this week, Pakistan Prime Minister Imran Khan granted the Pakistan Telecommunication Authority the power to remove and block digital content that pose […]

What is Roblox worth?

5 years 11 months ago
With Roblox joining the end-of-year unicorn stampede toward the public markets, we’re set for a contentedly busy second half of November and early December. I hope you didn’t have vacation planned in the next few weeks. This morning we need to get deeper into the Roblox S-1 so we can better understand the nature of […]

Prices increase tonight for our space-focused event, TC Sessions: Space

5 years 11 months ago
“Space, the final frontier…” You can probably recite the “Star Trek” opening monologue in your sleep. But we’re talking science fact, not fiction, and TC Sessions: Space 2020 provides real opportunity to connect with the people, information and funding you need to boldly build the future of space technology. Go boldly, yes. But why pay […]

Snap acquired Voisey, an app to create music tracks overlaying your own vocals

5 years 11 months ago
Snapchat helped pioneer the use of lenses on faces in photos and videos to turn ordinary picture messages into fantastical creations where humans can look like, say, cats, and even cats can wear festival-chic flower crowns. Now it sounds like the company might be turning its attention… to sound. The company appears to have acquired […]

Index ventures into Latin America to back Sofia, a Mexico City-based telemedicine and health insurer

5 years 11 months ago
Arturo Sanchez and his co-founders have spent the past two years developing the telemedicine and insurance platform, Sofia, as a way to give customers across Mexico better access to quality healthcare through their insurance plan. Along with his co-founders, Sebastian Jimenez, a former Google employee who serves as the company’s chief product officer, and Manuel […]

If you didn’t make $1B this week, you are not doing VC right

5 years 11 months ago
The only thing more rare than a unicorn is an exited unicorn. At TechCrunch, we cover a lot of startup financings, but we rarely get the opportunity to cover exits. This week was an exception though, as it was exitpalooza as Affirm, Roblox, Airbnb and Wish all filed to go public. With DoorDash’s IPO filing […]

Why is GoCardless COO Carlos Gonzalez-Cadenas pivoting to become a full-time VC?

5 years 11 months ago
Index Ventures, a London- and San Francisco-headquartered venture capital firm that primarily invests in Europe and the U.S., recently announced its latest partner. Carlos Gonzalez-Cadenas, currently COO of London-based fintech GoCardless and previously the chief product officer of Skyscanner, will join Index in January. Gonzalez-Cadenas is a seasoned entrepreneur and operator, but has also become […]

Onit acquires legal startup McCarthyFinch to inject AI into legal workflows

5 years 11 months ago
Onit, a workflow software company based in Houston, announced this week that it has acquired 2018 TechCrunch Disrupt Battlefield alum McCarthyFinch. Onit intends to use the startup’s AI skills to beef up its legal workflow software offerings. The companies did not share the purchase price. After evaluating a number of companies in the space, Onit […]

LA-based Credit Key raises $33 million for its business-to-business payments platform

5 years 11 months ago
Bringing to small businesses across the U.S. the buy-now pay-later model that transformed companies like Klarna and Affirm into billion-dollar businesses has netted the payment and lending company Credit Key another $33.85 million in funding. The Los Angeles-based company raised its latest cash from Greycroft, Bonfire Ventures, Loeb.nyc and other, undisclosed investors, the company said. […]

AllRight, an English language learning app for children, raises $5M from Genesis Investments

5 years 11 months ago
AllRight is a platform for English language learning, aimed at children four years or older, which combines lessons with real teachers and homework with “AI-powered” tutors. It’s now raised a $5 million Series A round led by Genesis Investments, with participation from TMT Investments, TerraVC and existing investors Flashpoint and Misha Lyalin. The Ukraine-based startup […]

Wish files to go public with 100M monthly actives, $1.75B in 2020 revenue thus far

5 years 11 months ago
This morning Wish, a well-known mobile e-commerce startup, filed to go public. It joins Affirm, Airbnb and Roblox in filing this week as many well-known and valuable private companies look to debut before the year ends and the holidays start. Wish’s S-1 (which is filed under its corporate name ContextLogic) is of particular interest given […]

OneWeb emerges from bankruptcy, aims to begin launching satellites again on December 17

5 years 11 months ago
Broadband communication satellite company OneWeb has emerged from its Chapter 11 bankruptcy protection status, the company announced today. It’s now also officially owned by a consortium consisting of the U.K. government and India’s Bharti Global, and Neil Masterson is now installed as CEO, replacing outgoing chief executive Adrián Steckel, who will remain as a board […]

Neatsy wants to reduce sneaker returns with 3D foot scans

5 years 11 months ago
U.S.-based startup Neatsy AI is using the iPhone’s depth-sensing FaceID selfie camera as a foot scanner to capture 3D models for predicting a comfortable sneaker fit. Its app, currently soft launched for iOS but due to launch officially next month, asks the user a few basic questions about sneaker fit preference before walking through a […]

Reddit appoints second Black board member this year

5 years 11 months ago
Reddit has appointed to its board of directors Paula Price, who has served on the board of six public companies, including Accenture and Deutsche Bank. Price’s appointment makes her one of two Black directors on the company’s board. “Paula’s vast experience as a world-class financial leader and strategic advisor will be a tremendous asset to […]

Pfizer and BioNTech to submit request for emergency use approval of their COVID-19 vaccine today

5 years 11 months ago
Two of the companies behind one of the leading COVID-19 vaccine candidates will seek approval from the U.S. Food and Drug Administration for emergency use authorization (EUA) of their preventative treatment with an application to be delivered today [Update: Pfizer confirmed the application was submitted as promised later Friday afternoon]. Pfizer and BioNTech, which revealed […]

Charge’s City is an e-bike for everyone

5 years 11 months ago
Charge Bikes founder Nick Larsen and VP of product Peter Vallance wanted to reduce the pain points of buying and owning an electric bike to attract everyday folks and cycling enthusiasts alike. The company offers three models: the Comfort for weekend leisure rides, the City for commuters and the XC for off-road enthusiasts. I got […]

How four European cities are embracing micromobility to drive out cars

5 years 11 months ago
The coronavirus pandemic is acting as a catalyst for urban transformation across Europe as city authorities grapple with how to manage urban mobility without risking citizens’ health or inviting gridlock by letting cars flood in. Micromobility and local commerce are being seen as both short and long-term solutions for urban revival in a number of […]
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