Tech


Posts filtered by tags: Softbank[x]


 

10 things in tech you need to know today

Matt Rourke/AP Photo Welcome to 10 Things in Tech. If this was forwarded to you, sign up here.Plus, download Insider's app for news on the go - click here for iOS and here for Android.Let's get into it.1. Amazon's AI-powered cameras reportedly punish drivers when other cars cut them off. Delivery drivers can also face punishment for using side mirrors, which can hurt their chances of earning more money, per Motherboard. Read the full story on how Amazon's delivery vans p...
Tags: Apple, Amazon, Twitter, Florida, Microsoft, France, Softbank, US, Newsletter, Trends, Tech, Tesla, Miami, SEC, Silicon Valley, Coinbase


Sorare raises $680 million for its fantasy sports NFT game

French startup Sorare has announced that it has raised a significant funding round. SoftBank's Vision Fund 2 has led a $680 million Series B round, which values the company at $4.3 billion. Sorare has built a fantasty football (soccer) platform based on NFTs, or non-fungible tokens. Each digital card is registered as a unique token on the Ethereum blockchain. Players can buy and sell cards from other players. Transactions are all recorded on the Ethereum blockchain. What makes Sorare unique ...
Tags: Europe, Softbank, Tech, Nba, Juventus, NFT, Real Madrid Liverpool, LionTree, SoftBank s Vision Fund, Sorare, Nicolas Julia, Atomico Bessemer Ventures D1 Capital Eurazeo IVP


SoftBank’s Marcelo Claure is coming to Disrupt next week

SoftBank has been on a tear in Latin America. The Japanese investment conglomerate just announced it has launched its second Latin America-focused fund with a $3 billion capital commitment from the company that may grow as the fund explores “options to raise additional capital,” according to SoftBank. The vehicle follows hot on the heels of SoftBank’s debut Latin America-focused fund, announced in March 2019 with an initial $2 billion in committed capital. It’s easy to see what all the fuss is a...
Tags: TC, Softbank, Events, Tech, Mexico City, Venture Capital, Ryan Reynolds, Latin America, Boston Dynamics, Bolivia, SoftBank Group Corp, Adam Neumann, Claure, IRR, Mobile US, Marcelo Claure


SoftBank deepens commitment to LatAm with two new partners focused on early-stage investing

In March 2019, SoftBank Group International made headlines when it announced the SoftBank Innovation Fund, which started out with a $2 billion commitment to invest in tech startups in Latin America. A lot has changed since then. SoftBank changed the name of the fund to the SoftBank Latin America Fund, or LatAm Fund for short. The Japanese investment conglomerate has dramatically ramped up its investing in the region, and so have a number of other global investors. In fact, venture capit...
Tags: Amazon, Startups, Mexico, Softbank, Funding, US, San Francisco, Tech, Venture Capital, Brazil, Argentina, Remove From TC River, Latin America, Early Stage, Crunchbase, Mckinsey


Two years after launching, Inspired Capital has closed its second fund with $281 million

Inspired Capital, the New York-based early-stage venture firm that was founded in 2019 by entrepreneurs Alexa von Tobel and Penny Pritzker, is today announcing the close of their second fund with $281 million in capital commitments, an amount that brings the firm’s total assets under management to nearly half a billion dollars. (Inspired raised $200 million for its debut fund.) We talked earlier this week with von Tobel about the portfolio of 25 companies that her firm — which also counts as cof...
Tags: TC, New York, Softbank, Tech, Venture Capital, West Coast, Lucy, Penny, Mark, Bogota Colombia, Penny Pritzker, Alexa von Tobel, Tobel, Orum, Brynne McNulty Rojas, Mark Batsiyan


Sendcloud nabs $177M led by SoftBank to double down on SaaS — shipping as a service

E-commerce has undoubtedly seen a huge boost in growth in the last year and a half of Covid-19 living, with people turning to the web and apps to shop for essentials and not-so-essentials to keep their social distance, and using delivery services to receive their goods rather than picking things up in person. Today, a Dutch startup called Sendcloud that has built a service to help retailers with the latter of these — providing a cloud-based to easily organize and carry out shipping services by c...
Tags: Amazon, TC, Europe, Softbank, Tech, Rob, Shippo, Amazon FBA, Christopher North, Eindhoven Netherlands, Catterton, SoftBank Vision Fund, SoftBank Investment Advisers, Van Den Heuvel, Yanni Pipilis, Sendcloud


Inside Compass’ recruiting machine

For full functionality of this site it is necessary to enable JavaScript. Please Allow Javascript and reload this page. Inside Compass’ recruiting machine “When we want someone, we go after them from every angle possible.” New York / (Illustration by Lexi Pilgrim for The Real Deal) UPDATED, Feb. 13, 9:38 a.m.: Residential brokerages in New York woke up on Dec. 7 with 450 million new reasons to fear Compass. Softbank’s cash infusion in that amount accelerated the firm’s nationwide growth tim...
Tags: Travel, Google, New York, Softbank, Chicago, Queens, Manhattan, Dallas, Fifth Avenue, Compass, Upper West Side, Derek Smith, Lewis, Greenberg, Brian Lewis, Douglas Elliman


Pacaso raises $125M with Softbank-led Series C round

The company's model allows multiple parties to co-own luxury second-homes in locations such as Lake Tahoe, Aspen, Napa and Malibu. It operates in 25 markets to date.
Tags: Technology, Softbank, Radio, Luxury, Zillow, Malibu, Dotloop, Austin Allison, Spencer Rascoff, Select, News Brief, Second Homes, Luxury Vacation Homes, Property Portfolio, Luxury Lens, Craig. C. Rowe


SoftBank’s latest proptech bet is leading Pacaso’s $125M Series C

Less than six months after raising $75 million, Pacaso — a real estate platform which aims to help people buy and co-own a second home — announced today that it has raised $125 million at a $1.5 billion valuation. SoftBank Vision Fund 2 led the Series C funding round for Pacaso, which essentially went from “launch to unicorn” in five months earlier this year and is pronounced like Picasso. New backers Fifth Wall and Gaingels also participated in the financing, along with existing backers ...
Tags: Oregon, Softbank, Tech, Spain, Park City, Zillow, Austin Allison, Allison, Jett, Spencer Rascoff, Rascoff, SoftBank Vision Fund, Lydia Jett, Allison It, Gaingels, Pacaso


Sendoso nabs $100M as its corporate gifting platform passes 20,000 customers

Corporate gift services have come into their own during the Covid-19 pandemic by standing in as a proxy for other kinds of relationship building activities — office meetings, lunches, and hosting at events — that have traditionally been part and parcel of how people do business, but were no longer feasible during lockdowns, social distancing and offices closing their doors. Now, Sendoso — a popular “end-to-end” gifting platform offering access to 30,000 products including corporate swag, regular...
Tags: Amazon, Business, Enterprise, Ebay, Softbank, Funding, Marketing, San Francisco, Gift, Tech, Amazon.com, Ceo, Economy, Companies, Comcast, Ireland


SoftBank commits $3B more to investing in Latin American tech companies

SoftBank Group Corp. is doubling down on its commitment to Latin America. Today, the Japanese investment conglomerate is announcing the launch of the SoftBank Latin America Fund II, its second dedicated private investment fund focused on tech companies located in LatAm. SoftBank is launching the new fund with an initial $3 billion commitment. “Fund II will explore options to raise additional capital,” SoftBank said in a statement. The new fund builds upon SoftBank’s $5 billion Latin Ameri...
Tags: Fundings & Exits, Startups, Mexico, Softbank, Funding, San Francisco, Tech, Venture Capital, Brazil, Ecuador, Latin America, Marcelo, SoftBank Group Corp, Masayoshi Son, Claure, IRR


Brandy Melville employees say the fast-fashion brand is built on exploitation and discrimination

Hello!Welcome to this weekly roundup of stories from Matt Turner, Insider's co-Editor in Chief of business. Subscribe here to get this newsletter in your inbox every Sunday. Plus, download Insider's app for news on the go - click here for iOS and here for Android.Here's what we're going over today:Brandy Melville staffers describe racism and Hitler memes as part of a company culture built on exploitation. Former employees of elite real-estate broker Darcy Stacom say the skyscrape...
Tags: Apple, Amazon, New York, Massachusetts, Softbank, New York City, US, Trends, Afghanistan, New York Times, Hsbc, Silicon Valley, Pfizer, Andreessen Horowitz, Hitler, KKR


An influential Saudi banker moved to the US to pitch his country and crown prince to DC. Here's how his mission suddenly derailed.

A graphic showing Saudi Crown Prince Mohammed bin Salman, the US Capitol, and Ali Shihabi. Amir Levy/Reuters; Bloomberg/YouTube; Samantha Lee/Insider Ali Shihabi set up the Arabia Foundation to promote MBS to the Washington, DC, elite. He weathered claims of official Saudi funding, an employee lawsuit, and Khashoggi's murder. But he abruptly closed the foundation with no warning. Here's the story of what - and who - got in his way. See more stories on Insider's business page. S...
Tags: Apple, Google, Politics, UK, California, Washington Post, Washington, Saudi Arabia, Softbank, US, Trends, Turkey, Cnn, Atlantic, Washington Dc, Middle East


Indian crypto exchange CoinSwitch Kuber in talks to raise funds at unicorn valuation

Indian crypto exchange CoinSwitch Kuber is in advanced stages of talks to raise a new financing round at up to $2 billion in valuation, several sources familiar with the matter told TechCrunch. If the talks materialize in a deal, CoinSwitch Kuber will become the second crypto startup in the world’s second largest internet market to attain the unicorn status. The four-year-old startup, which counts Tiger Global, Sequoia Capital India, and Ribbit Capital among its existing investors, was valued at...
Tags: TC, Asia, India, Softbank, Funding, Tech, Andreessen Horowitz, Sequoia Capital, Tiger Global, Coinbase, Cryptocurrency, Reserve Bank of India, A16z, Sequoia Capital India, Apna, CoinSwitch Kuber


Online learning platform CLASS101 bags $26M Series B to support growth

Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education platforms like CLASS101 that bring stable incomes and improve opportunities. CLASS101, a Seoul-based online education platform, announced today it has closed $25.8 million (30 billion won) Series B funding to accelerate its growth in South Kor...
Tags: Startups, TC, Asia, South Korea, Japan, Education, Youtube, Softbank, Tech, Seoul, Edtech, KO, Goodwater Capital, Online Education, E-learning, Eric Kim


Online learning platform Class 101 bags $26M Series B to support growth

Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education platforms like Class 101 that bring stable incomes and improve opportunities. Class 101, a Seoul-based online education platform, announced today it has closed $25.8 million (30 billion won) Series B funding to accelerate its growth in South K...
Tags: Startups, TC, Asia, South Korea, Japan, Education, Youtube, Softbank, Tech, Seoul, Edtech, KO, Goodwater Capital, Online Education, E-learning, Eric Kim


SoftBank deepens commitment to LatAm with two new partners focused on early-stage investing

In March 2019, SoftBank Group International made headlines when it announced the SoftBank Innovation Fund, which started out with a $2 billion commitment to invest in tech startups in Latin America. A lot has changed since then. SoftBank changed the name of the fund to the SoftBank Latin America Fund, or LatAm Fund for short. The Japanese investment conglomerate has dramatically ramped up its investing in the region, and so have a number of other global investors. In fact, venture capit...
Tags: Amazon, Startups, Mexico, Softbank, Funding, US, San Francisco, Tech, Venture Capital, Brazil, Argentina, Latin America, Early Stage, Crunchbase, Mckinsey, Aurora


Whoop raises another $200M for its athlete-focused fitness wearable

Founded in 2012, Whoop is far from a household name in the world of fitness trackers. But over the years, the company has attracted its share of converts. It hasn’t had any issue attracting venture capital over the years, either. Last time we checked in on the Boston-based company was in late-2019, when it raised $55 million. Now it’s back with a massive $200 million raise. The Series F round brings Whoop’s total funding to nearly $405 million — a pretty massive investment for a company of its s...
Tags: Boston, Softbank, Tech, Fitbit, Vision Fund, Will Ahmed


Tiger Global in talks to make Apna India’s fastest unicorn

Apna, a 21-month-old startup that is helping millions of blue and gray-collar workers in India upskill themselves, find communities and land jobs, is inching closer to becoming the fastest tech firm in the world’s second largest internet market to become a unicorn. Tiger Global is in advanced stages of talks to lead a $100 million round in Apna, according to four sources familiar with the matter. The proposed terms value the startup at over $1 billion, the sources said. The round hasn’t closed y...
Tags: TC, Asia, India, Softbank, Funding, Tech, Sequoia Capital, Tiger Global, Unicef, Apna, India The New York, Apna India, Nirmit Parikh an Apple, Insight Partners Lightspeed


Peak raises $75M for a platform that helps non-tech companies build AI applications

As artificial intelligence continues to weave its way into more enterprise applications, a startup that has built a platform to help businesses, especially non-tech organizations, build more customized AI decision making tools for themselves has picked up some significant growth funding. Peak AI, a startup out of Manchester, England, that has built a “decision intelligence” platform, has raised $75 million, money that it will be using to continue building out its platform as well as to expand in...
Tags: Softbank, Tech, Manchester, Richard, Potter, MANCHESTER England, Arete, Longer, SoftBank Vision Fund, SoftBank Investment Advisers, Oxx MMC Ventures Praetura Ventures, Richard Potter Peak, Nike Pepsico KFC Molson Coors Marshalls Asos, Max Ohrstrand


Foreign investors have a bigger role to play in growing Latin America’s startup ecosystem

Ricardo Sangion Contributor Share on Twitter Ricardo Sangion previously launched operations for Facebook and Pinterest in Latin America, before joining operator-led global investors TheVentureCity as partner for first-ticket investments in the region. There has been significant hype around Latin America’s startup success. For good reason, too: Startups have raised $9.3 billion in just the first half of 2021, almost double the ...
Tags: Startups, Facebook, Column, Asia, Pinterest, Entrepreneurship, Ebay, Mexico, Softbank, Africa, Tech, Colombia, United States, Chile, Venture Capital, Brazil


ARM China Seizes IP, Relaunches As an 'Independent' Company

New submitter TomGreenhaw writes: This should be very concerning for tech companies that operate in the Chinese market. 'It is not clear how much pressure was put on SoftBank to form the merger, but this looks like one of the most blatant examples of IP theft that we've seen. The Chinese arm of a company has gone rogue and refused to obey the ruling of its own board. The head of that company is essentially treating it as a personal fiefdom, and Chinese authorities do not appear to have taken mea...
Tags: Softbank, Tech, Independent Company, Wu Read, TomGreenhaw


Brazil’s Petlove raises $150M from Riverwood, SoftBank to sell pet products and services online

Petlove&Co, a São Paulo-based digital platform for products and services for the pet market, announced today that it has raised about $150 million (R$750 million) today in a funding round led by Riverwood Capital. The round is nearly double that of what Petlove has raised in its history. The company started its life as PetSuperMarket when it was founded in 1999 in the early days of the internet. Today, the company continues to operate an online store offering a wide range of pet products and ...
Tags: Fundings & Exits, Startups, TC, Ecommerce, Softbank, Funding, US, Tech, Venture Capital, Brazil, Latin America, Sao Paulo, Belo Horizonte, PetLove, Monashees, Riverwood Capital


Korean 3D spatial data tool startup Urbanbase closes $11.1M Series B+ round

Urbanbase, a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 million (13 billion won) in a Series B+ round as it scales up. This round of funding was led by Hanwha Hotel & Resort, which is a subsidiary of South Korean conglomerate Hanwha Corporation. Urbanbase, founded in 2013 by chief executive officer and a former architect Jinu Ha, has now raised $20 million (approximately 23 billion won) in total. Existing inv...
Tags: Apple, South Korea, Japan, Microsoft, Singapore, Softbank, Tech, Seoul, Strategy Analytics, Facebook Intel, Urbanbase, Hanwha Hotel Resort, Hanwha Corporation Urbanbase, Jinu Ha, LG Electronics Japan, TechCrunch Urbanbase


EU Set To Launch Formal Probe Into Nvidia's $54 Billion Takeover of Arm

Brussels is set to launch a formal competition probe early next month into Nvidia's planned $54 billion takeover of British chip designer Arm, after months of informal discussions between regulators and the US chip company. From a report: The investigation is likely to begin after Nvidia officially notifies the European Commission of its plan to acquire Arm, with the US chipmaker planning to make its submission in the week starting September 6, according to two people with direct knowledge of th...
Tags: UK, Softbank, US, Tech, Eu, European Commission, Nvidia, Brussels, Competition And Markets Authority


Daily Crunch: Copenhagen-based Leapwork lands $62M Series B co-led by KKR and Salesforce Ventures

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. ‘Ello and welcome to Daily Crunch for August 26, 2021. Or as someone called it recently, Friday Jr. We have lots and lots of news today, with a slight bias toward big items from Big Tech companies. But first, do note that we’re going to spend a lot of time talking fintech at Disrupt this year, and TechCrunch just announced that Techstars’ Saba Karim is coming. It’s...
Tags: Apple, Google, TC, Facebook, Europe, Microsoft, White House, Softbank, Tech, Afghanistan, Netflix, Poland, Denmark, Airbnb, Copenhagen, KKR


Picsart raises $130M from SoftBank, becomes unicorn on the back of its visual creator tools

Picsart announced this morning that it has raised a $130 million round led by SoftBank’s Vision Fund 2. The new capital infusion pushes the company’s valuation north of the $1 billion mark, though it declined to get more specific. Per PitchBook data, the company’s preceding round of capital, in 2019, valued the company at around $600 million. We can infer from the two figures that Picsart’s valuation went up materially in its latest round. It’s not incredibly hard to figure out why. TechCrunch c...
Tags: Fundings & Exits, Startups, Softbank, Tech, Picsart, ARR, NAM, Tammy Nam, Picscart, Picasart


The SEC and the DOJ just charged this startup founder with fraud, saying he lied to Tiger and others

Today, both the U.S. Department of Justice and the Securities and Exchange Commission charged Manish Lachwani, cofounder of a mobile app testing company Headspin, with fraud. The SEC says he violated antifraud provisions and the civil penalties it’s seeking include a permanent injunction, a conduct-based injunction, and an officer and director bar of Lachwani. The DOJ, which arrested Lachwani earlier, has accused him of , and the associated penalties if he’s found guilty are are more harsh, inc...
Tags: Google, Startups, TC, Crime, Yahoo, Softbank, Linkedin, Tech, Mobile Apps, Fbi, Palo Alto, Venture Capital, SEC, Tiger Global, Doj, Jerry Yang


Watch Larry Page playfully kick Boston Dynamics' robotic dog before Google sold the firm to Softbank in a newly-surfaced video

Google cofounder Larry Page. Getty / Justin Sullivan A 2015 video shows Google cofounder Larry Page testing a robot dog made by Boston Dynamics. Google bought the firm in 2013 but sold it to Softbank in 2017 after its robotics dreams fizzled. Page can be seen kicking the robot, which is a standard testing method for robotic development. See more stories on Insider's business page. A video of Larry Page has surfaced on social media of Google's cofounder playing with Boston Dynamics...
Tags: Google, Twitter, News, Softbank, Careers, Trends, Larry Page, Sergey Brin, Hyundai, Boston Dynamics, Boston Dynamics Google, Tech Insider, Katie Canales, Larry Page Getty Justin Sullivan


Daily Crunch: Virgin Orbit rockets to $3.2B valuation in SPAC merger

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 23, 2021. We’ve got a simply lovely bunch of news items for you below, but before we get into the mix, do note that Pfizer’s vaccine has been fully approved. Which is great news! And in other great news, the agenda is out for our October SaaS event. Which is going to kick maximum backside. See you there! — Alex Announc...
Tags: TC, Facebook, Softbank, Africa, Tech, Paypal, Earth, Virgin Galactic, Pfizer, Alex, Zum, Simon, SPAC, Newsletters, NARAYAN, Danny Crichton



Filters
show more filters
July - 2021
MoTuWeThFrSaSu
   1234
567891011
12131415161718
19202122232425
262728293031 
August - 2021
MoTuWeThFrSaSu
      1
2345678
9101112131415
16171819202122
23242526272829
3031     
September - 2021
MoTuWeThFrSaSu
  12345
6789101112
13141516171819
20212223242526
27282930