Meet PowerZ, a new French startup founded by Emmanuel Freund, the founder of popular cloud gaming service Shadow, as well as former Shadow employees. The company wants to develop a video game that is as engaging as Fortnite, but with a focus on education. It is both an edtech startup and a video game studio. […]
On August 5th, TechCrunch wrote that startups should “go public while software valuations make no sense.” What came next was a happy coincidence. Just a few weeks after that post, Unity, JFrog, Asana, Snowflake and Sumo Logic all filed to go public. Today we’re seeing some data from those debuts, most notably the incredibly strong […]
More consolidation in the thin-margin food delivery space: Delivery Hero has announced it’s buying the LatinAm operations of Glovo, a Spanish on-demand delivery app. The German company said today that it’s paying up to €230 million to take over eight markets, including a €60M performance-based earn-out. The transaction, which Berlin-based Delivery Hero said it expects to […]
Kbox Global, the U.K. startup that turns underused commercial kitchen space into takeout delivery hubs — therefore helping existing kitchens generate much-needed revenue — has raised £12 million in new funding. The round is led by Balderton Capital, and follows a £5 million investment from early Deliveroo backer Hoxton Ventures disclosed in July. Aiming to […]
Amazon Music is the latest streaming service to embrace podcasts. The company announced this morning it’s launching support for podcasts in the U.S., U.K., Germany and Japan on Amazon Music at no additional cost, and is rolling out its own original programming. The first slate of originals on Amazon Music will include shows hosted by […]
With careful planning and preparation — and plenty of help from your legal team — your brand will come out an IPO stronger than before and ready to evolve as your company moves into its next chapter of growth.
Students — both high school and college — if you have a burning passion for mobility tech, take advantage of our discount passes and join thousands of mobility professionals around the world for TC Sessions: Mobility 2020 on October 6-7. Buy a student pass for just $50 (before prices go up), and you’ll save up […]
After leaking like crazy, the GoPro Hero 9 Black arrives today, bringing with it a handful of features aimed at keeping the company on the bleeding edge of the action camera category. GoPro has, of course, experienced a good deal of competition in the category for which it’s become synonymous. The most notable recent entrant […]
The Justice Department has announced charges against five alleged Chinese citizens, accused of hacking over 100 companies in the United States, including tech companies, game makers, universities and think tanks. Zhang Haoran and Tan Dailin were charged in August 2019 with over two dozen counts of conspiracy, wire fraud, identity theft and charges related to […]
Apple’s developer relations have hit another sour note. At the company’s hardware event on Tuesday, where it announced new Apple Watch devices and iPads, Apple surprised developers with the news that it would be releasing the updated versions of its major software platforms, iOS 14, iPad OS 14, watchOS 14 and tvOS 14 on September […]
Atlassian today announced the launch of Atlassian Ventures, a new $50 million fund that will invest into startups — and even more established companies — that are building products in the overall Atlassian ecosystem. “As more and more customers transition to our cloud products, we are committed to supporting their journey by fostering a robust […]
On the heels of two IPOs pricing above raised ranges, Unity boosted the value of its own impending debut this morning. The well-known unicorn is currently set to begin trading this Friday, pricing after the bell Thursday. If that happens, the gaming platform company expects to be worth between $44 and $48 per share, up […]
After raising their IPO price ranges, both JFrog and Snowflake priced above their refreshed intervals last night. At their final IPO prices, the two debuts are aggressively valued, showing continued optimism amongst public investors that cloud shares are an attractive bet, even if their growth is financed through a history of steep losses, as in […]
If your sad-faced technology mantra is ‘we were promised flying cars and all we got were these shitty Internet trolls’ never fear, Berlin-based autonomous air mobility startup, Volocopter, wants to revive your sci-fi dreams. It’s just kicked off presales for trips in its forthcoming electric air taxi service, VoloCity — albeit, there’s no date on […]
Pure Storage, the public enterprise data storage company, today announced that it has acquired Portworx, a well-funded startup that provides a cloud-native storage and data-management platform based on Kubernetes, for $370 million in cash. This marks Pure Storage’s largest acquisition to date and shows how important this market for multi-cloud data services has become. Current […]
E-bike startup VanMoof, has raised a $40 million investment from Norwest Venture Partners, Felix Capital and Balderton Capital. The Series B financing comes after a $13.5 million investment in May. The funding brings VanMoof’s total raised to $73 million and furthers the e-bike brand’s ultimate mission of getting the next billion on bikes. The Series […]
There are some changes at the helm of Blade, the French startup behind Shadow. Mike Fischer is going to work for the company and become Chief Executive Officer. Jean-Baptiste Kempf is joining the company as Chief Technology Officer. Shadow is a cloud computing service for gamers. For a monthly subscription fee, you can access a […]
Suranga Chandratillake has (almost) seen it all. After being the early CTO for Autonomy, he went on to found the blinkx video search engine in 2004, long before many thought we’d even need one. He scaled the company to San Francisco and the US market, eventually IPO’ing blinkx for over $1 billion. On his return […]
Europe will propose its own digital tax early next year if there’s no agreement at a global level on how to update taxation rules for the Internet age, EU president Ursula von der Leyen said today, reiterating the bloc’s determination not to let tax reform slide in a ‘state of the union’ speech to the […]
