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The cost of Velodyne’s internal drama is starting to add up

5 years 1 month ago
Velodyne Lidar, the sensor company that went public a year ago when it merged with special purpose acquisition company Graf Industrial Corp., reported its second quarter earnings Thursday, results that show a company spending more to find new customers for its products while grappling with an increasingly expensive internal drama. Just a few weeks ago, […]
Rebecca Bellan

Prices increase tonight on all TechCrunch Disrupt 2021 passes

5 years 1 month ago
If your work life — or your life’s work — revolves around the tech startup world, there’s no more important place to be on September 21-23 than TechCrunch Disrupt 2021. And for just a few more hours, you can snag a pass to this be-all-and-end-all tech startup conference for less than $99. In other words, […]
Alexandra Ames

Raise, a startup building Africa’s Carta, gets backing from 500 Startups

5 years 1 month ago
As startups in Africa continue to grow and raise money at a ridiculous pace, so too will their cap tables expand. Most African startups’ bulk of VC money is from foreign investors, making it imperative for African startups to incorporate abroad, especially in the U.S. The processes for incorporation are quite complicated, and even though […]
Tage Kene-Okafor

What to expect from Samsung’s next Unpacked

5 years 1 month ago
Foldables! Two, probably! Those are your headliners. Samsung tipped its hand with the event invite, which features a pair of geometrical objects that pretty clearly represent the new Galaxy Z Fold and Galaxy Z Flip. The other headliner is what we won’t be seeing at the event (Deadliner? Endliner?). The company already confirmed via corporate […]
Brian Heater

Bulk payments startup Comma raises $6M seed round led by Octopus and Connect

5 years 1 month ago
U.K.-based open banking bulk payment startup Comma has raised £4.34 million ($6 million) in a seed round of funding led by Octopus Ventures and Connect Ventures. They were joined by investors Village Global, and the founders of Wagestream, Peter Briffett and Portman Wills. The company says it enables small and micro businesses to bulk-pay bills, […]
Mike Butcher

Nigeria’s Decagon raises millions to finance and train software engineers

5 years 1 month ago
This past decade, Nigeria has seen several companies cater to the development and growth of software engineers and tech talent in general. It’s a space many in the Nigerian ecosystem like to think is budding yet overcrowded. So when Chika Nwobi started Decagon in 2018, the perception was generally “here comes another tech talent accelerator.” […]
Tage Kene-Okafor

India’s Vedantu not in talks to sell to Byju’s, top exec says

5 years 1 month ago
Indian online learning platform Vedantu is not engaging to sell the firm to edtech giant Byju’s, a top executive said on Friday. A report by Indian news outlet Entrackr said early Friday that Byju’s had offered $700 million to $800 million to acquire Bangalore-based Vedantu, which counts Accel and GGV Capital among its investors. In a […]
Manish Singh

Micromobility startup Voi raises $45 million to end sidewalk riding, improve safety

5 years 1 month ago
Micromobility startup Voi has raised $45 million, funds it says will be used to research and develop technology that will improve safety, keep users from riding on sidewalks and ensure scooters are properly parked. The funding comes a month after Voi launched a pilot in Northhampton, UK with Irish startup Luna to test how computer […]
Rebecca Bellan

Dutch startup hub Utrecht emerges from Amsterdam’s shadow

5 years 1 month ago
While Amsterdam garners the lion’s share of attention in the Netherlands tech ecosystem, the not-so-far-away region around Utrecht has its fair share of tech startups and investors, as is evidenced by our latest survey of locals, below. Area ecosystem wranglers such as StartupUtrecht, UtrechtInc, Holland Startup, Utrecht Community and others bring startups, scaleups, corporates, angels, […]
Mike Butcher

Fisker-Foxconn EV partnership ‘moving faster than expected,’ CEO Henrik Fisker says

5 years 1 month ago
U.S. electric automaker Fisker expects operating expenses to reach between $490 million and $530 million this year, a slight increase in its business outlook for the year that is driven by R&D spending on prototypes for its Ocean SUV, testing and validation of advanced technology, hiring and its “accelerating” partnership with Foxconn. The company, which […]
Kirsten Korosec

Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

5 years 1 month ago
Last summer, in the wake of George Floyd’s murder, Best Buy committed to “do better” when it came to supporting communities of color. As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. Minnesota-based […]
Mary Ann Azevedo
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