It took SoftBank several years, but the Japanese investment giant is now ready to bet on India’s food delivery market. Swiggy said on Tuesday it has closed a $1.25 billion financing round led by SoftBank Vision Fund 2 and Prosus Ventures. The new financing round, a Series J, includes the $800 million investment the Bangalore-based […]
YouTube has acquired social commerce startup Simsim, the Google-owned firm said on Tuesday. Neither of the firms disclosed the terms of the deal, but two people with knowledge of the matter told TechCrunch the Indian startup was valued at over $70 million. Two-year-old Simsim had raised about $17 million prior to today’s announcement and was […]
GM will add a full-size electric pickup truck to its GMC lineup, the latest in a string of EV product announcements by the automaker in the past year as it pushes to deliver more than 1 million electric vehicles globally by 2025. The EV pickup was shared in a slide deck during the media presentation […]
Over the weekend, an international consortium of news outlets reported that several authoritarian governments — including Mexico, Morocco and the United Arab Emirates — used spyware developed by NSO Group to hack into the phones of thousands of their most vocal critics, including journalists, activists, politicians and business executives. A leaked list of 50,000 phone […]
Africa is a smaller addressable market. If you’re looking to pitch a product or service to governments, it’s helpful to keep in mind that your first customer might be from a smaller country.
Tactically, fundraising is a skill like any other. You get better the more you do it. But practicing gets you nowhere if you don't have a strong foundation in understanding fundraising components.
Blue Origin is set to launch its fully reusable New Shepard spacecraft with humans on board for the first time on Tuesday, and it’s sending Amazon founder and billionaire Jeff Bezos up along with his brother and two record-setting astronauts. The launch livestream above is scheduled for 6:30 a.m. CDT (7:30 a.m. EDT/4:30 a.m. PDT), […]
The rumors of a CNN streaming service were true. The network has unveiled a CNN+ service that will offer a blend of live and on-demand shows that are "separate and distinct" from existing TV coverage.
Velodyne Lidar CEO Anand Gopalan is leaving the lidar company at the end of July as the sensor supplier continues to struggle with internal drama. Gopalan, who was previously CTO, is leaving the top leadership position after about a year and a half on the job. Velodyne said Monday in a statement that a team […]
You’ve just sat down to dinner and your wearable device reminds you to get up and get in your steps for the day. Maybe the app has a point, but odds are you’ll push the notification to the side. The founders of Sweetch, an Israeli company creating its own AI-driven behavior change app, are betting […]
Microsoft has secured a court order to take down several malicious “homoglyph” domains that were used to impersonate Office 365 customers and commit fraud. The technology giant filed a case earlier this month after it uncovered cybercriminal activity targeting its customers. After receiving a customer complaint about a business email compromise attack, a Microsoft investigation […]
If you spent any time this year desperately trying to figure out what the heck NFTs are, you probably have Dapper Labs CEO Roham Gharegozlou to thank for that. His startup’s crypto trading card marketplace NBA Top Shot went viral earlier this year with users dropping hundreds of millions of dollars on digital NBA collectibles. […]
There’s not much that thrills us more than a startup competition — and we mean deep down in our bones thrilled. That’s why we’re beyond excited to host the Extreme Tech Challenge (XTC) Global Finals on July 22 starting at 9:00 a.m. (PT). This event is virtual and free to attend — but you need […]
Rappi, a Colombian on-demand delivery startup, has raised “over” $500 million at a $5.25 billion valuation in a Series F round led by T. Rowe Price, the company announced late Friday. Baillie Gifford, Third Point, Octahedron, GIC and SoftBank also participated in the new funding event. Previous backers include DST Global, Y Combinator, Andreessen Horowitz […]
