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Why some VCs prefer to work with first-time founders

5 years 11 months ago
Repeat founders who have a proven track record, good references, and in the best cases, an exit to point to will have an easy time making inroads with venture capitalists. Earlier this week, for example, the former founders of Udemy and altMBA raised more than $4 million for a startup with no name or final […]

Relativity Space is raising a massive $500M round at $2.3B valuation

5 years 11 months ago
Rocket printer Relativity Space is raising a $500 million D round, valuing the launch provider at $2.3 billion, as reported by CNBC and confirmed to TechCrunch by sources familiar with the matter. That’s not bad for a company that has yet to take its first payload to orbit. Relativity aims to reduce the cost and […]

Motional gets approval to test fully driverless vehicles in Nevada

5 years 11 months ago
Motional, the Aptiv-Hyundai $4 billion joint venture aimed at commercializing autonomous vehicles, is preparing to roll out fully driverless vehicles on public roads in Las Vegas after receiving approval from the state of Nevada. The company’s president and CEO Karl Iagnemma announced Tuesday in a blog post that the state has given permission to test […]

Marketing automation platform Klaviyo scores $200M Series C on $4.15B valuation

5 years 11 months ago
Boston-based marketing automation firm Klaviyo wants to change the way marketers interact with data, giving them direct access to their data and their customers. It believes that makes it easier to customize the messages and produce better results. Investors apparently agree, awarding the company a $200 million Series C on a hefty $4.15 billion valuation […]

YouTube targets music fans with new audio ad format

5 years 11 months ago
YouTube is announcing new ad products today, designed to help marketers reach YouTube visitors who are doing more listening than watching. The big addition is audio advertising. As the Google -owned video site puts it in a blog post, these are ads designed for viewers who “squeeze in a living room workout before dinner, catch […]

John Legend and Natalie Portman want you to try wearing fungus instead of leather

5 years 11 months ago
Natalie Portman and John Legend are joining a group of venture capitalists and unnamed fashion brands backing MycoWorks, a company that just raised $45 million to commercialize its technology that makes a fungal-based biomaterial that can replace leather. The goal is to get consumers to trade in their leather and lizard skin couture for some […]

5 questions from Airbnb’s IPO filing

5 years 11 months ago
Airbnb filed to go public yesterday, offering the world a look into its financial performance over the past several years. The company’s S-1 detailed an expanding travel giant with billions in annual revenue that was severely disrupted by the COVID-19 pandemic. But past our overview of Airbnb’s core financial results and our look into which investors […]

Hey look, glow-in-the-dark Powerbeats

5 years 11 months ago
Now that Apple’s getting more serious about its own branded headphones, Beats have, perhaps, lost a little bit of luster within the company. The products are still wildly popular, of course, and the brand offers a lot more options than its parent. Powerbeats are one of the more utilitarian entries among the brand’s wireless offerings […]

Turo puts $1 million toward helping Black people make money sharing cars

5 years 11 months ago
Car-sharing marketplace Turo has teamed up with Kiva to offer interest-free loans to Black people and folks from traditionally underserved communities to buy cars and then share them on Turo. The $1 million commitment aims to address the issue of wealth inequality in the United States. Called the Turo Seed Initiative, those who are eligible […]

Facebook’s Messenger Kids app redesigned to look more like Messenger

5 years 11 months ago
Facebook today is rolling out an updated version of its Messenger Kids app with the goal of making it easier for kids to interact with their friends and family, navigate the app and personalize their experience with features like custom chat bubble colors. The redesign also gives the kid-friendly app a look-and-feel that’s more like […]

Mati reshapes online trust and reputation with a Plaid-like API

5 years 11 months ago
Meet Mati, a startup that recently raised a $13.5 million Series A round to build a digital reputation API that could change the way you interact with online services. Mati uses an API-first approach and lets users seamlessly share pieces of their legal identity. Investors in today’s funding round include Tribe Capital, with Arjun Sethi […]

Dropbox shifts business product focus to remote work with Spaces update

5 years 11 months ago
In a September interview at TechCrunch Disrupt, Dropbox co-founder and CEO Drew Houston talked about how the pandemic had forced the company to rethink what work means, and how his company is shifting with the new requirements of a work-from-home world. Today, the company announced broad changes to Dropbox Spaces, the product introduced last year, […]

GoodRx, Walgreens, CVS shares all down on Amazon’s Pharmacy news

5 years 11 months ago
Consumer healthcare stocks are plummeting this morning on news that Amazon has finally launched its integrated pharmacy service. Amazon launches Amazon Pharmacy, a delivery service for prescription medications The news, which could dramatically reshape the healthcare landscape by offering deep discounts on prescription medication and two-day delivery services for Amazon Prime customers, has already taken […]

Hover secures $60M for 3D imaging to assess and fix properties

5 years 11 months ago
The US property market has proven to be more resilient than you might have assumed it would be in the midst of a coronavirus pandemic, and today a startup that’s built a computer vision tool to help owners assess and fix those properties more easily is announcing a significant round of funding as it sees […]

Astrobotic teams with Bosch and WiBotic to give its Moon rovers wireless charging and smarts to find power stations

5 years 11 months ago
Lunar exploration startup Astrobotic is working on developing ultra-fast wireless charging technology for its CubeRover shoebox-sized lunar robotic explorers. The project, which is funded by NASA’s Tipping Point program with a $5.8 million award, will tap Seattle-based wireless charging startup WiBotic for expertise in high-speed, short-range wireless power, and brings in Bosch to assist with […]

Trust & Will raises $15M as digital estate planning hits mainstream

5 years 11 months ago
Let’s get something morbid out of the way right up front: estate planning is a growth business in 2020. Whether you need to create or update a will, build a family trust, or sign over power of attorney for end-of-life decision-making, it’s been a heck of a year for many families, and even more people […]
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