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Tier Mobility, the European e-scooter rentals startup, adds another ~$40M to its Series B

Tier, the European e-scooter rentals startup that operates in 55 cities across 11 countries, has topped up its funding for the second time in four months. The Berlin-based company has extended its Series B round to over $100 million, up from $60 million disclosed in October. The additional capital is a mix of equity and debt financing provided by Moscow’s RTP Global, London’s Novator, and an unnamed U.S. debt fund. Part one of the Series B was co-led by Mubadala Capital and Goodwater Capital. Ti...
Tags: Travel, Fundings & Exits, Startups, TC, Europe, Berlin, Moscow, Bird, U K, Europe Meanwhile, Mubadala Capital, Leuschner, Okai, Lawrence Leuschner, RTP Global London, Goodwater Capital Tier


What the $13B Etrade deal says about Robinhood’s valuation

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re living up to the introduction of this daily column by digging into the recently announced Etrade sale and what its new price and recent financial performance can tell us about Robinhood, a startup competitor, and the unicorn’s valuation. As always, when we’re comparing a fast-growing, private company in contrast to a larger, more mature, slower-growing, and profitabl...
Tags: Travel, Fundings & Exits, TC, Morgan Stanley, Robinhood, Etrade, Brokerages


CBS All Access to gain content from Nick, MTV, Comedy Central, Paramount Pictures & more

CBS All Access, the streaming service now owned by ViacomCBS following the merger, is expanding. Announced today as part of the company’s otherwise underwhelming Q4 earnings, the plan is to launch a new “broad pay” streaming service that will include CBS All Access content along with other ViacomCBS assets in film and TV to complement the company’s existing free streaming service Pluto TV and premium network Showtime. The company believes this three-tiered strategy of free, broad pay, and premiu...
Tags: Travel, TC, Media, Australia, Disney, Netflix, Canada, Showtime, Switzerland, Cbs, Jeffrey Katzenberg, Hulu, Latin America, Pluto TV, Nbcu, Cbs All Access


Google Cloud acquires mainframe migration service Cornerstone

Google today announced that it has acquired Cornerstone, a Dutch company that specializes in helping enterprise migrate their legacy workloads from mainframes to public clouds. Cornerstone, which provides very hands-on migration assistance, will form the basis of Google Cloud’s mainframe-to-GCP solutions. This move is very much in line with Google Cloud’s overall enterprise strategy, which focuses on helping existing enterprises move their legacy workloads into the cloud (and start new projec...
Tags: Travel, Google, TC, Cloud, Enterprise, Cloud Computing, Cloud Infrastructure, Cornerstone, Google Cloud, IBM Power Systems, John Jester VP, Cornerstone Google Cloud


SpaceX successfully launches 60 more Starlink satellites but misses booster landing

SpaceX has launched a batch of 60 Starlink satellites to orbit, marking its fifth overall launch of a group of 60 of the small spacecraft and its third this year alone. This launch brings the total constellation to 300 satellites for Starlink on orbit, extending SpaceX’s lead as the largest commercial satellite operator in the world. The Starlink project sees SpaceX deploying a constellation of small, low Earth orbit satellites that will work with one another in concert to delivery high-sp...
Tags: Travel, TC, Transportation, Space, Spacex, Earth, Broadband, Canada, United States, Falcon 9, Spaceflight, Aerospace, Spacecraft, Falcon Heavy, Falcon, Atlantic Ocean


Tradeshift cuts headcount by three figures in effort to turn towards profitability

Last month Tradeshift, a platform for supply chain payments which has achieved unicorn startups in recent years, had some good news and some bad news. It announced a Series F funding round of $240 million in equity and debt, raised from a combination of existing and new investors. It’s now raised a total of $661M since it started in 2008 and investors include Goldman Sachs, Principal Strategic Investments and Wipro Ventures among others. The new funding came, despite talk of a possible IPO last ...
Tags: Travel, TC, Europe, Microsoft, Finance, San Francisco, Unilever, Hsbc, Goldman Sachs, Computerworld, WeWork, Siemens, Financial Services, Copenhagen, DHL, Volvo


Bloomberg memes push Instagram to require sponsorship disclosure

Instagram is changing its advertising rules to require political campaigns’ sponsored posts from influencers to use its Branded Content Ads tool that puts a disclosure label of “Paid Partnership With” on posts. The change comes after the Bloomberg presidential campaign paid meme makers to post screenshots that showed him asking them to make him look cool. Instagram provided this statement to TechCrunch: “Branded content is different from advertising, but in either case we believe it’s important ...
Tags: Travel, TC, Instagram, US, Bloomberg


This co-op wants to put money back into patients’ hands

Too often, people are asked to give away their insights and time for free. Jen Horonjeff, founder and CEO of healthcare startup Savvy, knows this first hand and is trying to change that by applying a cooperative model to her business. As an infant, Horonjeff was diagnosed with juvenile idiopathic arthritis. Since then, she has been diagnosed with a number of autoimmune conditions. Seven years ago this month, she had a brain tumor removed. “I’ve just always been somebody who’s been a patient,” Ho...
Tags: Travel, Health, Co-op, Startups, TC, Jen Horonjeff, Horonjeff, New York City Horonjeff


Innovaccer wants to be the service that unifies all healthcare data

The holy grail for technology companies working in the healthcare industry is becoming the gateway for all healthcare data. Big legacy providers like Epic and Cerner are trying to reach out to hospital networks to hoover up all of their data. Google is interested in it. Salesforce is interested in it. Everyone wants to be the resource that organizes and manages healthcare data for physicians and hospital providers — everyone including the San Francisco-based startup Innovaccer, which has r...
Tags: Travel, Health, Google, TC, Technology, Microsoft, Articles, San Francisco, Insurance, Epic, Healthcare, Healthcare Industry, Salesforce, Abu Dhabi, Tiger Global, Founder


Datometry snares $17M Series B to help move data and applications to the cloud

Moving data to the cloud from an on-prem data warehouse like Teradata is a hard problem to solve, especially if you’ve built custom applications that are based on the data. Datometry, a San Francisco startup, has developed a solution to solve that issue, and today it announced a $17 million Series B investment. WRVI Capital led the round with participation from existing investors including Amarjit Gill, Dell Technologies Capital, Redline Capital and Acorn Pacific. The company has raised a total ...
Tags: Travel, Google, Startups, TC, Cloud, Enterprise, Developer, Funding, San Francisco, Teradata, Amazon Microsoft, Waas, Data Warehouses, Cloud Data Migration, Datometry, Acorn Pacific


Tesla is going back to the markets to raise more than $2 billion through stock offering

Tesla said Thursday it plans to raise more than $2 billion through a common stock offering and will use the funds to strengthen its balance sheet and for general corporate purposes, despite signaling just two weeks ago that it would not seek to raise more cash. Tesla CEO Elon Musk will purchase up to $10 million in shares in the offering, while Oracle co-founder and Tesla board member Larry Ellison will buy up to $1 million worth of Tesla shares, according to the securities filing. The ...
Tags: Travel, TC, Transportation, Elon Musk, Cars, Tesla, Ceo, Automotive, Larry Ellison, Oracle, Hyperloop, Tesla Model S, Musk, Cfo, Tesla CEO Elon Musk, The Boring Company


Rocket startup Gilmour Space gets a $3M grant to develop lighter fuel tanks

Mass is money when it comes to the rocket launch business, and any small savings you can eke out can add up to big savings. That’s been the driving force behind the growing commercialization of space and the rapid rise of the small satellite industry. Now Australian rocket startup Gilmour Space has received a $3 million grant from the Australian government to help improve rockets in a way that could add significant savings to the launch process. Gilmour has spent the past seven years launching a...
Tags: Travel, Startups, TC, Space, Nasa, Flight, Rocket, Radiation, Spaceflight, Aerospace, Rocketry, Gilmour, Rocket Propulsion, Gilmour Space, Gilmour the University of Southern Queensland USQ


AdQuick raises $6M to conquer an advertising market Google and Facebook won’t

With Google and Facebook yielding massive control over the online ad market leaving only scraps for other ad platforms, perhaps it was only natural that tech startups would take a step back and start to look for opportunities in selling billboards. AdQuick, a marketplace for out of home (OOH) advertising, tells TechCrunch that it has closed a $6 million Series A led by Initialized Capital with participation from WndrCo, Shrug Capital, The Todd & Rahul Angel Fund and rapper Nas. The startup h...
Tags: Travel, Google, TC, Facebook, New York, La, San Francisco, Nas, Alexis Ohanian, Connor, Initialized Capital, Cheyenne Wyoming, Unites States, Matt O Connor, AdQuick, Brex


Taking a page from SimCity, UrbanFootprint pitches new tools for urban development

For decades, the best urban planning simulation wasn’t a simulation for urban planners at all, but the wildly popular city building game, SimCity, says Peter Calthorpe, an expert in the field and the co-founder of UrbanFootprint. Calthorpe began his career as an urban planner and designer in the late seventies, and in the mid-eighties he wrote the book on sustainable communities alongside the famous architect and designer Sim Van der Ryn. Working on design and development projects across Portlan...
Tags: Travel, TC, United States, Northern California, American Lung Association, Social Capital, Sim van der Ryn, Pacific Gas and Electric, Gehl, Zaveri, DiStefano, Calthorpe, Peter Calthorpe, Jay Zaveri, UrbanFootprint Calthorpe, Portland Salt Lake City Los Angeles


Tangle EE project joins Eclipse Foundation to bring distributed ledger apps to enterprise

As the number of IoT devices proliferate, and machines conduct transactions with machines without humans involved, it becomes increasingly necessary to have a permissionless system that facilitates this kind of communication in a secure way. Enter the IOTA Foundation, a Berlin-based open source distributed ledger technology (DLT) project, which has hooked up with the Eclipse Foundation to bring IOTA DLT to the enterprise via the Tangle EE project. For starters, this involves forming a working gr...
Tags: Travel, TC, Open Source, Enterprise, Berlin, Blockchain, STMicroelectronics, IOTA, DLT, Eclipse Foundation, Dell Technologies, Distributed Ledger, Mike Milinkovich, IOTA Foundation, Schiener, IOTA DLT


Google backs productivity startup building algorithmic inbox for Slacks, emails and texts

There have been plenty of stories written about the so-called “Slack-lash” and the growing unrest among workers dealing with DM interruptions that take their attention away from the task at hand. Slack is a poster boy for the problem, but VCs have invested heavily in a number of collaboration tools over the past several years that have compartmentalized chat and commenting systems and have left workers reeling. It seems fairly likely that we’ve reached peak VC interest in collaboration, but VCs ...
Tags: Travel, Google, Startups, TC, Utah, Enterprise, Niko Bonatsos, Recent Funding, Wasabi Ventures, General Catalyst Google, Chris Hicken, TechCrunch Hicken


Middle East healthcare platform Vezeeta raises $40M Series D led by Gulf Capital

Vezeeta, a healthcare platform operating in the Middle East and Africa, has raised a $40 Million Series D funding round led by UAE-based Gulf Capital, alongside further investment from existing Riyadh-based investor Saudi Technology Ventures (STV), which previously led Vezeeta’s Series C round in September 2018. Vezeeta’s other investors include BECO Capital, Silicon Badia, Vostok New Ventures, Crescent Enterprises’ CE-Ventures and Endeavour Catalyst. Prior to this fund-raise, the company had ra...
Tags: Travel, TC, Uber, Europe, Saudi Arabia, Africa, US, Chief executive officer, Ceo, Egypt, Healthcare, Middle East, Healthcare Industry, Jordan, Lebanon, Director


Oxx, a new European VC dedicated to SaaS, raises $133M fund

Oxx, a relatively new European venture capital firm founded by Richard Anton and Mikael Johnsson, has raised $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Headquartered in London and Stockholm, the VC is pitching itself as a dedicated SaaS-focussed fund, and will invest broadly across software applications and infrastructure. Its investment thesis highlights five key themes: “data convergence & refinery”, “future of work”, “financial services infrastructur...
Tags: Travel, Fundings & Exits, TC, Europe, London, Silicon Valley, Stockholm, Apica, Oxx, Richard Anton, Mikael Johnsson, ZIFT, British Patient Capital Pool Re, Mikael Johnsson Oxx


Watch two rocket launches live, including a Space Station supply flight and a mission to study the Sun

There are two – that’s right two – launches happening this Sunday, and both are set to broadcast live on NASA’s official stream above. The first is a NASA International Space Station resupply mission, with a Norhtrop Grumman Cygnus spacecraft launching aboard an Antares rocket from Wallops Island in Virginia at 5:39 PM EST (2:39 PM PST). The second is the launch of the Solar Orbiter spacecraft, a joint scientific mission by NASA and the European Space Agency (ESA) that’s set to take off ab...
Tags: Travel, TC, Space, Florida, Science, Virginia, Nasa, Esa, Sun, European Space Agency, Astronaut, Spaceflight, Aerospace, Venus, Spacecraft, Space Station


The war against space hackers: how the JPL works to secure its missions from nation-state adversaries

NASA’s Jet Propulsion Laboratory designs, builds, and operates billion-dollar spacecraft. That makes it a target. What the infosec world calls Advanced Persistent Threats — meaning, generally, nation-state adversaries — hover outside its online borders, constantly seeking access to its “ground data systems,” its networks on Earth, which in turn connect to the ground relay stations through which those spacecraft are operated. Their presumptive goal is to exfiltrate secret data and proprietary tec...
Tags: Travel, TC, Opinion, Nasa, Earth, Digital Ocean, Jpl, Jet Propulsion Laboratory, Valley, Viswanathan, Arun Viswanathan


LA-based Retina raises $2.5 million in new funding to expand its customer analysis software

Casting a cold eye on customer behavior and their future lifetime value has brought the Los Angeles-based startup Retina $2.5 million in new funding. The new financing was anchored by previous seed round investor, the Los Angeles-based venture firm, Crosscut Ventures and shows how the startup ecosystem in Los Angeles is allowing for companies based in the Southern California ecosystem can increasingly look in their own backyard for their capital needs. Vendors can use Retina’s Shopify app to pro...
Tags: Travel, TC, La, Los Angeles, Retina, Crosscut Ventures, Madison Reed, Southern California, Michael Greenberg Retina


Japanese vacation rental management startup H2O raises $7 million Series B from investors including Samsung Ventures

Japan’s tourism industry is booming, but it faces a hotel room shortage, especially in Tokyo as it prepares for the Summer Olympics. H2O addresses the market opportunity with a platform that helps vacation rental owners manage their properties. The startup announced today it has raised $7 million in Series B funding from Samsung Ventures, Stonebridge Ventures, IMM Investment and Shinhan Capital, bringing its total raised to $18 million. H2O (the name stands for Hospitality 2.0) allows owners to ...
Tags: Travel, Fundings & Exits, Startups, TC, South Korea, Japan, China, Southeast Asia, Tech, Tourism, Tokyo, Morgan Stanley, Samsung Ventures, Cornell University, Lee, Hospitality Industry


Skymind Global Ventures launches $800M fund and London office to back AI startups

Skymind Global Ventures (SGV) appeared last year in Asia/US as a vehicle for the previous founders of a YC-backed open-source AI platform to invest in companies that used the platform. Today it announces the launch of an $800 million fund to back promising new AI companies and academic research. It will consequently be opening a London office as an extension to its original Hong Kong base. SGV Founder and CEO Shawn Tan said in a statement: “Having our operations in the UK capital is a strategic ...
Tags: Travel, TC, Asia, Hong Kong, Europe, UK, London, Indonesia, Southeast Asia, Ceo, Artificial Intelligence, Malaysia, United Kingdom, Hadoop, Computing, Vice President


Hyperledger Fabric, the open source distributed ledger, reaches release 2.0

The open source Hyperledger Foundation announced the release of Hyperledger Fabric 2.0 today, the first such project to reach a 2.0 release. It’s a notable milestone. The blockchain as a business tool has certainly had a rocky road over the last few years, but there is still plenty to like about smart contracts that have automated compliance checks built in. Hyperledger Fabric 2.0 has lots of new features with that in mind. The biggest updates involve forcing agreement among the parties before a...
Tags: Travel, TC, Open Source, Enterprise, Blockchain, Hyperledger Foundation, Hyperledger Fabric, Behlendorf, Brian Behlendorf, Distributed Ledger


Medloop secures €6M from Kamet Ventures and AXA for self-service patient app

Medloop, which allows patients to manage healthcare needs and providers, has secured €6 million from Kamet Ventures and AXA. The cash will be used to enhance its product offering and continue expansion across Germany and the UK. Medloop is also developing an evidence-based medical rule engine embedded on the Electronic Medical Record (EMR) of patients. Medloop offers patients what it calls “intuitive” self-service features in an app that enables them to navigate their own healthcare including on...
Tags: Travel, Health, TC, Europe, UK, Germany, Berlin, Articles, Entrepreneur, Ceo, United Kingdom, Healthcare, Axa, Electronic Health Records, Kamet Ventures, EMIS


Breach at Indian airline SpiceJet affects 1.2 million passengers

SpiceJet, one of India’s largest privately owned airlines, suffered a data breach involving the details of over a million of its passengers, a security researcher told TechCrunch. The security researcher, who described their actions as “ethical hacking” but whom we are not naming as they likely ran afoul of U.S. computer hacking laws, gained access to one of SpiceJet’s systems by brute-forcing the system’s easily-guessable password. An unencrypted database backup file on that system contained pr...
Tags: Travel, Security, TC, Asia, Hong Kong, India, Dubai, Cert, SpiceJet


SpaceX succeeds with a key pressure test in its Starship program

SpaceX has completed a key test necessary for development of its next Starship prototype – stress testing a fuel tank to the point of failure, at its Starship development site in Boca Chica, Texas. This test comes on the heels of a less intense pressure test for the same tank, which resulted in a burst weld that was subsequently corrected, paving the way for the good test on Tuesday evening. SpaceX is working on its third prototype of the Starship spacecraft at its Texas facility, which is de...
Tags: Travel, TC, Space, Spacex, Elon Musk, Texas, Ceo, Mars, Simulation, Spaceflight, Aerospace, Hyperloop, Steel, Spacecraft, Musk, Outer Space


KPCB has already blown through much of the $600 million it raised last year

Kleiner Perkins, one of the most storied franchises in venture capital, has already invested much of the $600 million it raised last year and is now going back out to the market to raise its 19th fund, according to multiple sources. The firm, which underwent a significant restructuring over the last two years, went on an investment tear over the course of 2019 as new partners went out to build up a new portfolio for the firm — almost of a whole cloth. Kleiner Perkins gets back to early-stage w...
Tags: Travel, TC, Y Combinator, Money, California, Finance, Los Angeles, Spokesperson, Investment, Venture Capital, SEC, Ibm, Kpcb, Bond, Upfront Ventures, Mary Meeker


Kepler will build its small satellites at a new manufacturing facility in Toronto

Satellite communications startup Kepler will manufacture its small satellites going forward at a new 5,000-square foot facility in Toronto, Ontario, Canada . The company is working with partners including the Canadian Space Agency and the University of Toronto on the new facility, which will also incorporate design and development of its satellites in addition to manufacturing. Already, Kepler operates two satellites currently in orbit, and has demonstrated the capabilities of its technology b...
Tags: Travel, Startups, TC, Space, Spacex, Toronto, Canada, Agriculture, Satellite, Manufacturing, Spaceflight, Aerospace, University of Toronto, Kepler, Spacecraft, Falcon


WholyMe, which makes natural products for chronic pain, closes Seed round

WholyMe, a London startup that makes and markets ‘natural relief’ products to manage chronic pain, has closed a £500,000 Seed round from investors Financière Saint James, V1 Capital, Guibor and business angels. The round also includes Joyance Partners, a New York-based VC concentrating on the new science emerging around ‘health and happiness’ which recently expanded to the UK and Europe. The funding will be used to manufacture WholyMe’s first range of 100% organic supplements and topicals for mu...
Tags: Travel, Startups, TC, Europe, UK, New York, London, Medicine, United Kingdom, Start-up, Perception, Pain, Organic Food, Chronic Pain, Pain Management, Joyance Partners



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