Starting today, Pinterest will prohibit all advertisers from sharing ads that promote weight loss. This includes any language and imagery that encourages weight loss, promotes weight loss products, idealizes certain body types, or references the BMI (which is often a poor indicator of overall health). This makes Pinterest the first major social media platform to […]
This morning Codat, a startup that provides APIs to link small-business fintech data to external services, announced that it has closed a $40 million round led by Tiger Global. The company raised $10 million in a Series A around a year ago that Index led; Codat also raised some strategic capital in the interim, but […]
Karin Tsai joined Duolingo in 2012 and is now the director of engineering. Yesterday, at TechCrunch’s City Spotlight: Pittsburgh, she spoke on the company’s extensive development process and unique culture. This interview was pre-recorded and aired a day after the company filed its SEC Form S-1 ahead of its initial public offering. As per SEC […]
Mercado Bitcoin, a Latin American digital assets exchange, has raised $200 million in Series B funding from the SoftBank Latin America Fund. The round values 2TM Group, Mercado Bitcoin’s non-operating parent company, at $2.1 billion, ranking it among the top 10 unicorns in Latin America. The funding comes just months after São Paulo-based Mercado Bitcoin’s […]
Tiger Global is in advanced stages of talks to back Indian embedded finance startup Yap, according to more than half a dozen people familiar with the matter. The New York-headquartered firm is in talks to lead a $35 million financing round in Yap — also known as YapPay and M2P — that values the Bangalore-headquartered […]
Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them delivered in minutes, has grown its business up to now organically: targeting urban markets across Europe (and soon the U.S.) where it is disrupting the well-stocked cornershop with a […]
As companies scrambled to re-orient themselves last year during the pandemic, one thing was clear: the shift to remote working had come sooner than anyone expected. With this came a fundamental shift in how businesses would have to hire new talent. And the question was, were managers going to laboriously sift through CVs in a […]
Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of the company from a full-service innovation agency into also offering VC backing. iconmobile has garnered a reputation as an innovative technology, design, and sustainability agency, but the turnaround means it will […]
“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little as 10 or 15 minutes. But today a startup that’s built a much bigger proposition — a virtual […]
Kevin Novak joined Uber as its 21st employee its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left. […]
Nodes & Links is a scheduling platform for large-scale infrastructure projects which works out when the nuts and bolts for the bridge (for example) should be delivered, and in what order. Unsurprisingly, complex infrastructure projects often get this wrong. The company has now raised an $11 million Series A funding round led by urban sustainability-focused […]
VividQ, a UK-based deeptech startup with technology for rendering holograms on legacy screens, has raised $15 million to develop its technology for next-generation digital displays and devices. And it’s already lining up manufacturing partners in the US, China and Japan to do it. The funding round, a Seed extension round, was led by UTokyo IPC, […]
Lego has worked extremely closely with Apple over the years, experimenting with unreleased iOS tech and demoing it onstage at launch events like WWDC; this has included some pretty heavy tinkering on the augmented reality ARKit platform that they’ve integrated several of their play sets with, adding digital experiences to the physical toys. But one […]
Pragmatic customers are being forced to adopt because they are under duress. It is not that they buy into the vision of software eating the world. It is because their very own lunches are being eaten.
SpaceX launched 85 satellites for external customers, as well as three Starlink satellites, to orbit on Tuesday, marking the second successful launch of the company’s dedicated rideshare missions. While the Transporter-2 mission will deliver fewer objects to space than the first rideshare mission (the Transporter-1 sent up 143 satellites, a new record), it launched more […]
BMW i Ventures, the venture capital arm of BMW Group, has announced a new $300 million fund to further its investment in technologies that make transportation, manufacturing and supply chains more sustainable. The firm doesn’t operate as a traditional corporate venture capital fund, but rather acts independently from BMW while being fully backed by the […]
Peanut, the maker of a social networking app for women, is entering into the investing space with today’s launch of a microfund called StartHER. As the name implies, the new fund will focus on investing in women, as well as other historically excluded founders “of all ages, life stages, ethnicities and sexual orientations,” the company says. […]
Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles might look like. But it’s not going to do it alone. Although the automaker plans on developing its own in-car operating system and other parts […]
Most buildings are beginning their digital transformation and are looking for ways to bring people back, keep people healthy and create environments where people want to spend time.