Homage, the Singapore-based startup that matches families and caregivers, has launched a new service that provides home medical visits, telehealth consultations and medication delivery. Called Homage Health, the service was already being developed before the COVID-19 pandemic, but co-founder and CEO Gillian Tee told TechCrunch that its launch was accelerated because many of the company’s […]
South Korean prosecutors said on Thursday that they have filed an arrest warrant for Samsung Group’s anointed heir Jay Y. Lee and two other former company executives as part of a sprawling investigation into an alleged accounting fraud and a controversial merger that shook the country. In May, Lee appeared before prosecutors to be questioned […]
SpaceX launched its second Falcon 9 rocket in the span of just four days on Wednesday at 9:25 PM EDT (6:25 PM PDT). This one was carrying 60 more satellites for its Starlink constellation, which will bring the total currently in operation on orbit to 480. The launch took off from Florida, where SpaceX launched […]
In India, it’s Google and Walmart-owned PhonePe that are racing neck-and-neck to be the top player in the mobile payments market, while Facebook remains mired in a regulatory maze for WhatsApp Pay’s rollout. Google Pay had more than 75 million transacting users last month, ahead of PhonePe’s 60 million users, people familiar with the companies’ figures […]
RiskIQ, a startup providing application security, risk assessment and vulnerability management services, has added National Grid Partners as a strategic investor. The funding from the investment arm of National Grid, a multinational energy provider, is part of a $15 million new round of financing designed to take the company’s technology into critical industrial infrastructure — […]
For developers looking to quickly build identity management into their platforms, the most readily available options don’t stray far from the internet’s biggest, most data-hungry platforms. Magic, a small SF startup building a decentralized blockchain-based identity solution, wants to create a seamless experience that feels similar to login workflows from apps like Slack and Medium […]
As protests continue across the U.S. and beyond, there has been chatter this week in Silicon Valley and the venture industry more broadly about race and which venture firms have done a better job of diversifying their ranks and founder bets. There have been mea culpas, promises by firms to hold themselves more accountable, vows […]
Remote work has changed the tools offices need for communicating asynchronously across meetings and chat, but not all collaboration takes place in neat little chat bubbles. Anvil is a San Francisco startup that’s aiming to transform how businesses collaborate around the humble PDF. Anvil’s automation platform levels up Google Forms and allows customers to digitize […]
While we are seeing lower valuations, we believe certain B2B technology companies may be uniquely poised to thrive, and are pursuing investment opportunities in this space with a renewed focus.
Andreessen Horowitz announced today in a blog post that it is launching a fund designed to invest in underrepresented and underserved founders. The Talent x Opportunity (TxO) fund, which a16z says was in the works for six months, starts with $2.2 million in donations from the firm’s partners. TxO will be invested in a small […]
When Spotinst rebranded to Spot in March, it seemed big changes were afoot for the startup, which originally helped companies find and manage cheap infrastructure known as spot instances (hence its original name). We had no idea how big at the time. Today, NetApp announced plans to acquire the startup. The companies did not share […]
If you want to capture investor attention, you need a killer pitch. And that’s under normal circumstances. You’ve probably noticed that circumstances are anything but normal. With a global pandemic and the ensuing economic crisis, you’ll need to up your pitching game and get ready to bring the heat. We can help. Register today for […]
Mobile banking startup Varo Money has raised an additional $241 million in Series D funding, the company announced today. The investment was co-led by new investor Gallatin Point Capital and existing investor The Rise Fund, co-founded by TPG. Also participating in the round were Bono (yes, that one), along with entrepreneur, impact investor and movie […]
Monzo, the U.K. challenger bank, continues to be faced with tough decisions linked to the coronavirus crisis and resulting economic downturn. Following the shuttering of its Las Vegas-based customer support office and almost 300 staff being furloughed in U.K., the company has announced internally that up to 120 U.K. staff are being made redundant. Reuters […]
Snap announced this morning that it will not be promoting content from President Trump’s Snapchat account in its Discover tab following statements from Trump last week on Twitter, which threatened that protestors could be met with “vicious dogs” and “ominous weapons.” The move is notable for many reasons, but is particularly interesting because social media […]
Gaining millions of followers on social media is really hard for people and brands. It’s time-consuming, it requires sacrifice and it sucks in the beginning.
Zoom’s latest earnings report was even better than expected, SoftBank announces a new fund to invest in founders of color and Google pulls a trending app that targets apps from China. Here’s your Daily Crunch for June 3, 2020. 1. Remote work helps Zoom grow 169% in one year, posting $328.2M in Q1 revenue Zoom’s […]
Using micro-location robotics, this MIT spinout is tracking five miles of New York subway, showing the transportation authority where six of its trains are — down to the centimeter.
SpaceX just executed its most important and historic launch ever this past weekend, flying NASA astronauts for the first time. On Wednesday, it’s set to follow that up with a less significant Falcon 9 rocket launch, but one that’s still vital to the company’s future. This mission is the latest of SpaceX’s Starlink launches, which […]
