Whitebox, a startup that manages e-commerce logistics and fulfillment for a variety for brands, has raised $18 million in Series B funding. While discussing the new funding, CEO Marcus Startzel repeated a point he made after Whitebox raised its $5 million Series A last year — that the startup is differentiated by combining tools for […]
Bowery Farming has added to its executive team as it expands its retail footprint to 650 stores, the company said. From three indoor farms in Kearny, N.J. and Nottingham, Md., the New York-based company is pitching a smattering of leafy greens and herbs. Irving Fain, Bowery’s chief executive and founder declined to disclose the company’s […]
With the US presidential election now 40 days away, all eyes are focused on how online conversations, in conjunction with other hallmarks of online life like viral videos, news clips, and misleading ads, will be used, and often abused, to influence people’s decisions. But political discourse, of course, is just one of the ways that […]
Airship is announcing that it has acquired mobile commerce startup ReplyBuy. The startup (which was a finalist at TechCrunch’s 1st and Future competition in 2016) works with customers like entertainment venues and professional and college sports teams to send messages and sell tickets to fans via SMS. It raised $4 million in funding from Sand […]
Sometimes raising venture capital can be as simple as talking to your existing investor and having them wire over another check. When we last caught up with Petal in January 2019, the startup was hot off its $30 million Series B round and was accelerating its mission to take on the world of credit cards. […]
There’s still no clear path back to any sense of ‘business-as-usual’ as the COVID-19 pandemic continues, but United Airlines is embarking on a new pilot project to see if easy access to COVID-19 testing immediately prior to a flight can help ease freedom of mobility. The airline will offer COVID-19 tests (either rapid tests at […]
ShareChat, an Indian social network that focuses entirely on serving users in non-English languages, said on Thursday it has raised $40 million from a clutch of investors after the Indian startup added tens of millions of new users in recent months. The five-year-old Bangalore-based startup said Dr. Pawan Munjal, chief executive and chairman of giant […]
Within3, a collaboration and communication service for the biotech and pharma industries, has raised over $100 million in new financing, the company said. The investment came from Insight Partners with participation from Silversmith Capital Partners. Most of the top 20 pharmaceutical companies already use the Lakewood, Ohio-based company’s service to publish clinical studies, host advisory […]
Switzerland-based machine learning code review startup DeepCode — which bills itself as ‘Grammarly for coders’ — has been acquired by Snyk, a post-unicorn valuation cybersecurity startup which is focused on helping developers secure their code. Financial terms of the deal have not been disclosed. But the ‘big code’ parsing startup had only raised around $5.2M […]
YouTube has been relatively quiet about its strategy to battle the flow of misinformation leading into the 2020 U.S. election, but the platform has a few new measures in store. The video sharing site will begin attaching a box with vetted facts about mail-in voting on any videos that discuss the topic. The new mail-in […]
The last two regions of the UK now have an official coronavirus contacts tracing app, after the UK government pushed the button to launch the NHS COVID-19 app across England and Wales today. Northern Ireland and Scotland launched their own official apps to automate coronavirus exposure notifications earlier this year. But the England and Wales […]
Financial crime as a wider category of cybercrime continues to be one of the most potent of online threats, covering nefarious actives as diverse as fraud, money laundering and funding terrorism. Today, one of the startups that has been building data intelligence solutions to help combat that is announcing a fundraise to continue fueling its […]
B2B financial service start-up Finom — which provides online financial services for SMEs, freelancers, and the self-employed in Europe — has raised an additional $12 million (€10.3 million) to add to its previous Seed round of €6.5 million last April. The total funding raised in 2020 is now €16.8 million, and this is before the […]
Four years after its foray into the Chinese market followed by rapid and cash-hemorrhaging expansion, WeWork decided to wind down its involvement in the country. WeWork’s Chinese unit has secured a $200 million investment led by Shanghai-based equity firm Trustbridge Partners, which first backed WeWork China in its Series B round in 2018, the American […]
Mobileye’s computer vision technology will be used in a new premium electric vehicle called Zero Concept from Geely Auto Group, one of China’s largest privately-held automobile manufacturers. Mobileye’s owner Intel made the announcement today at the Beijing Auto Show. Zero Concept is produced by Lynk & Co., the brand formed as a joint venture between […]
About three weeks ago, Facebook announced will increase its efforts against hate speech and misinformation in Myanmar before the country’s general election on November 8, 2020. Today, it gave some more details about what the company is doing to prevent the spread of hate speech and misinformation. This includes adding Burmese language warning screens to […]
VC and corporate investment into climate tech grew at a faster rate than overall VC investment as a whole between 2013-2019, according to a major new report — to the tune of $60 billion of early-stage capital. The new research by PwC (“The State of Climate Tech 2020“) found that although it’s still early days […]
Peterson Ventures, a 12-year-old, Salt Lake City, Utah-based seed-stage fund, has long operated fairly quietly, but many of its bets have become known brands in the respective worlds of consumer and enterprise software investing. Among these is the shoe company Allbirds; the men’s clothing company Bonobos (acquired a few years ago by Walmart); and Lucid […]
Shopify blames “rogue” employees for a data breach, Google Maps adds COVID-19 data and China pushes back against the TikTok deal. This is your Daily Crunch for September 23, 2020. The big story: Shopify confirms data breach The e-commerce platform blamed two “rogue members” of its support team, alleging that they stole customer data from […]
It happens to the best of us. Some newer, flashier model comes along and we’re no longer the latest and greatest new thing. The iPad’s had a plenty good run, of course. Ten years ago, the device redefined what a tablet is and has maintained a dominant spot atop the category, as countless competitors have […]
