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Cannabis and digital health start-up Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health start-up Sanity Group has closed a $44.2M Series A financing round led by Swiss VC Redalpine along with US-based Navy Capital and SOJE Capital. GMPVC also participated in the round. This appears to be the largest round of cannabis funding in Europe to date and brings total investment in Sanity Group to $73M. The new capital will be used to expand the Group’s medical division in Europe as well as a EU-GMP-compliant research and production facility near Fra...
Tags: TC, Europe, UK, France, Germany, Berlin, US, Alyssa Milano, Tech, European Union, Ceo, Cannabis, Frankfurt, Czech Republic, United States, United Kingdom


Elisity raises $26M Series A to scale its AI cybersecurity platform

Elisity, a self-styled innovator that provides behavior-based enterprise cybersecurity, has raised $26 million in Series A funding. The funding round was co-led by Two Bear Capital and AllegisCyber Capital, the latter of which has invested in a number of cybersecurity startups including Panaseer, with previous seed investor Atlantic Bridge also participating. Elisity, which is led by industry veterans from Cisco, Qualys, and Viptela, says the funding will help it meet growing enterprise demand f...
Tags: Security, Technology, Mac, California, Cloud Computing, Funding, Tech, Cisco, Ceo, Artificial Intelligence, Computing, Computer Security, Qualys, Cloud Infrastructure, Atlantic Bridge, Viptela


Riot Blockchain, Coinbase, and other cryptocurrency stocks gain as bitcoin nears $40,000

Bitcoin 2021 Photo by Joe Raedle/Getty Images Stocks tied to the cryptocurrency space jumped in early morning trading Monday as bitcoin rallied near $40,000. Bitcoin rallied to its highest point in over two weeks after Elon Musk tweeted Tesla would accept payment in crypto once mining uses cleaner energy. Mining stocks Riot Blockchain, Marathon Digital Holdings, and Bit Digital jumped. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Stocks tied to the cryptocurre...
Tags: Elon Musk, Trends, Markets, Tesla, Ceo, Joe Raedle Getty, Bitcoin Price, Emily Graffeo, Bitcoin price today, Bitcoin Rally, Riot Blockchain stock price, Bit Digital, MI Exclusive, Marathon Digital Holdings Stock, Marathon Digital Holdings, Ebang


Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures

Motorway, is a UK startup that allows professional car dealers to bid in an auction for privately-owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It’s now raised £48m / $67.7m in a Series B round led by Index Ventures, along with new investors BMW i Ventures and Unbound. Existing investors Latitude and Marchmont Ventures also participated. The funding will be used to extend its platform and grow the current 160-strong team. The startup allows ...
Tags: TC, Europe, UK, Tech, Ceo, Smartphone, United Kingdom, Transport, Auction, Car Sales, Index Ventures, Farfetch, Porter, Danny Rimer, Motorway, BMW i Ventures


Cyber security training platform Immersive Labs closes $75M Series C led by Insight Partners

Immersive Labs, a platform which teaches cyber security skills corporate employees by using real, up-to-date threat intelligence in a “gamified” way, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing investor Goldman Sachs Asset Management. The investment will be used to scale Immersive’s offering in the US and take advantage of the new wave of interest in cyber threats caused by so many people working remot...
Tags: TC, Europe, UK, London, Crime, Gchq, Boston, US, Tech, CIO, Ceo, Cybercrime, United States, NHS, United Kingdom, Hsbc


Productivity startup Time is Ltd raises $5.6M to be the ‘Google Analytics for company time’

Productivity analytics startup Time is Ltd wants to be the Google Analytics for company time. Or perhaps a sort of “Apple Screen Time” for companies. Whatever the case, the founders reckon that if you can map how time is spent in a company enormous productivity gains can be unlocked and, money better spent. It’s now raised a $5.6 million late seed funding round led by Mike Chalfen, of London-based Chalfen Ventures, with participation from Illuminate Financial Management and existing investor Acc...
Tags: Apple, Google, TC, Europe, London, Microsoft, Articles, Tech, Ceo, Analytics, Google Analytics, Software, Computing, The Wall Street Journal, Leader, Business Intelligence


Fintech startup TreasurySpring raises $10M for platform giving online access to Fixed-term-funds

Fixed-term-funds (FTFs) have historically been a bank-to-bank market. FTF products allow for investing into some of the safest assets including, UK Government bonds, US Government bonds and highly-rated corporations. They allow holders of large amounts of cash (such as charities, private funds, family offices etc) to reduce and diversify their risk, but also increasing returns. TreasurySpring is a fintech startup that is aiming to opening up access to this area of financial markets, by creating ...
Tags: TC, Europe, UK, Cook, Money, US Government, Finance, US, Tech, Investment, Ceo, Economy, Bank, Fintech, Bond, UK Government


RSA spins off fraud and risk intelligence unit as Outseer

RSA Security has spun out its fraud and risk intelligence business into a standalone company called Outseer that will double down on payment security tools amid an “unprecedented” rise in fraudulent transactions. Led by CEO Reed Taussig, who was appointed head of RSA’s Anti-Fraud Business Unit last year after previously serving as CEO of ThreatMetrix, the new company will focus solely on fraud detection and management and payments authentication services. Outseer will continue to operate under t...
Tags: Security, Startups, Crime, Articles, Risk Management, E-commerce, Ceo, Fraud, EMV, Archer, Fireeye, Dell, Payments, Rsa, Phishing, Identity Theft


GameStop just named an Amazon alum as its new CEO, the latest in a string of executive appointments hailing from the e-commerce giant

Customers line up for the launch of "Grand Theft Auto 5" in 2013 at a GameStop. Reuters GameStop just hired a new CEO: Matt Furlong, a former senior leader at Amazon. GameStop has reshaped its executive suite around former Amazon leaders. The charge is being led by newly appointed GameStop board chairman and Chewy cofounder Ryan Cohen. Visit the Business section of Insider for more stories. The world's biggest video game retailer just appointed a new chief executive officer: Former Ama...
Tags: Amazon, Gaming, New York, News, Video Games, Entertainment, Australia, Trends, Chief executive officer, Ceo, Reddit, Miami, Amazon Web Services, Coo, Gamestop, Cto


Commit raises $6M seed round to match senior engineers to startups they want to work for

Commit, a Vancouver, Canada-based startup that has a unique approach to matching up engineers looking for a new job to early-stage startups that want to hire them, today announced that it has raised a $6 million seed round. Accomplice led the round , with participation from Kensington Capital Partners, Inovia and Garage Capital.  The company, which focuses on working with remote-first startups, launched in 2019, with co-founders Greg Gunn (CEO) and Beier Cai (CTO), who met as early employees at...
Tags: TC, Money, Finance, Tech, Ceo, Economy, Engineer, Canada, Vancouver, iNovia Capital, Bootstrapping, Cto, Startup Company, Hootsuite, Valley, Gunn


Contentstack raises $57.5M for its headless content management system

Contentstack, a startup that offers a headless content management system (or a ‘content experience platform’ in marketing speak), today announced that it has raised a $57.5 million Series B round. The round, which the company says was oversubscribed, was led by Insight Partners, which also led its Series A round. New investor Georgian and existing investors Illuminate Ventures and GingerBread Capital also participated. With this, the company has now raised a total of $89 million. “In the last ye...
Tags: TC, Tech, Hp, Ceo, Cms, Artificial Intelligence, Machine Learning, Mcdonalds, Financial Services, Broadcom, Content Management System, Contentstack, Neha Sampat, Emily Walsh, Insight Partners, Illuminate Ventures


Amid controversy, Dispo confirms Series A funding, high-profile advisors, and investors

It’s only been nine months since Dispo rebranded from David’s Disposable. But the vintage-inspired photo sharing app has experienced a whiplash of ups and downs, mostly due to the brand’s original namesake, YouTuber David Dobrik. Like Clubhouse, Dispo was one of this year’s most hyped up new social apps, requiring an invite from an existing member to join. On March 9, when the company said “goodbye waitlist” and opened the app up to any iOS user, Dispo looked poised to be a worthy competitor to ...
Tags: Apps, Japan, Beyonce, Instagram, Sofia Vergara, Germany, Social Media, Tech, Ceo, Software, David, Digital Photography, United States, Computing, Venture Capital, Nba


Honeywell and Cambridge Quantum form joint venture to build a new full-stack quantum business

Honeywell, which only recently announced its entry into the quantum computing race, and Cambridge Quantum Computing (CQ), which focuses on building software for quantum computers, today announced that they are combining Honeywell’s Quantum Solutions (HQS) business with Cambridge Quantum in the form of a new joint venture. Honeywell has long partnered with CQ and invested in the company last year, too. The idea here is to combine Honeywell’s hardware expertise with CQ’s software focus to build wh...
Tags: TC, Technology, Enterprise, Tech, Ceo, President, Ibm, Cqc, Chairman, Operating System, Emerging-technologies, Quantum Computing, Honeywell, Ilyas Khan, Adamczyk, Darius Adamczyk


Croatia’s Gideon Brothers raises $31M for its 
3D vision-enabled autonomous warehouse robots

Proving that Central and Eastern Europe remains a powerhouse of hardware engineering matched with software, Gideon Brothers (GB), a Zagreb, Croatia-based robotics and AI startup, has raised a $31 million Series A round led by Koch Disruptive Technologies (KDT), the venture and growth arm of Koch Industries Inc., with participation from DB Schenker, Prologis Ventures, and Rite-Hite. The round also includes participation from several of Gideon Brothers’ existing backers: Taavet Hinrikus (co-founde...
Tags: TC, Europe, Germany, Boston, Massachusetts, US, Articles, Tech, Eu, European Union, Ceo, Geek, Artificial Intelligence, Munich, United States, Croatia


Lifted raises $6.2M Series A round led by Fuel Ventures for its long-term social care platform

As people live longer and longer and have long-term health issues like cancer and dementia, caring for elderly relatives is becoming a huge societal and political issue. Right now this care is antiquated and run by incumbents, many of which still run off paper and Excel. We are now seeing a new wave of startups turn up to tackle this space by applying Apple’s age-old model of owning the experience end-to-end and running everything on a platform. The latest to join this race is UK startup Lifted,...
Tags: Apple, Health, Startups, TC, Europe, UK, Ceo, United Kingdom, Dementia, Caregiving, UK Government, Online Community, Sam Cohen, Trustpilot, Mark Pearson, Managing Partner


Art app SketchAR to allow artists to list their artworks on NFT marketplaces directly

An update to an existing art app that allows artists to access NFT marketplaces directly, could have the potential to democratize access to the NFT world for artists not currently in crypto. SketchAR, is an existing mobile app that allows artists to turn photos into illustrations using its AI-based computer vision. It is now is launching a new feature that allows users to turn their art into NFTs directly inside the app, and then sell it. Content produced on the app can also include a public com...
Tags: TC, Europe, Tech, Ceo, Artificial Intelligence, Blockchains, Ethereum, Artist, NFT, Distributed Computing, Binance Smart Chain, Drobitko


Apple finally launches a Screen Time API for app developers

Just after the release of iOS 12 in 2018, Apple introduced its own built-in screen time tracking tools and controls. In then began cracking down on third-party apps that had implemented their own screen time systems, saying they had done so through via technologies that risked user privacy. What wasn’t available at the time? A Screen Time API that would have allowed developers to tap into Apple’s own Screen Time system and build their own experiences that augmented its capabilities. That’s now c...
Tags: Apple, Ios, Apps, Technology, Tech, Ceo, Tim Cook, Computing, App-store, Api, Mobile Device, Operating Systems, Sdk, Apple Inc, Mach, Web Traffic


In search of a new crypto deity

Hello friends, and welcome back to Week in Review! Last week, I wrote about tech taking on Disney. This week, I’m talking about the search for a new crypto messiah. If you’re reading this on the TechCrunch site, you can get this in your inbox from the newsletter page , and follow my tweets @lucasmtny . The Big Thing Elon has worn out his welcome among the crypto illuminati, and the acolytes of Bitcoin are searching out a new emperor god king. This weekend, thousands of crypto acolytes and...
Tags: TC, Facebook, Twitter, Spotify, Spacex, Elon Musk, Technology, Supreme Court, Steve Jobs, India, Nigeria, US, Tech, Tesla, Ceo, Bitcoin


Tezlab CEO Ben Schippers to discuss the Tesla effect and the next wave of EV startups at TC Sessions: Mobility 2021

As Tesla sales have risen, interest in the company has exploded, prompting investment and interest in the automotive industry, as well as the startup world. Tezlab, a free app that’s like a Fitbit for a Tesla vehicle, is just one example of the numerous startups that have sprung up in the past few years as electric vehicles have started to make the tiniest of dents in global sales. Now, as Ford, GM, Volvo, Hyundai along with newcomers Rivian, Fisker and others launch electric vehicles into the m...
Tags: Amazon, TC, Facebook, Technology, China, Articles, Linkedin, Tech, Tesla, Ceo, AV, Automation, Gm, Reid Hoffman, Fitbit, Self-driving Cars


AI cybersecurity provider SentinelOne files for $100M IPO

SentinelOne, a late-stage security startup that helps organizations secure their data using AI and machine learning, has filed for an IPO on the New York Stock Exchange (NYSE). In an S-1 filing on Thursday, the security company revealed that for the three months ending April 30, its revenues increased by 108% year-on-year to $37.4 million and its customer base grew to 4,700, up from 2,700 a year prior. Despite this pandemic-fueled growth, SentinelOne’s net losses more than doubled from $26.6 mil...
Tags: Security, Cloud, Ipo, US, Tech, Ceo, Companies, Artificial Intelligence, Barclays, Computing, Machine Learning, SEC, Mountain View, Goldman Sachs, Morgan Stanley, Initial Public Offering


Fujifilm becomes the latest victim of a network-crippling ransomware attack

Japanese multinational conglomerate Fujifilm has been forced to shut down parts of its global network after falling victim to a suspected ransomware attack. The company, which is best known for its digital imaging products but also produces high tech medical kit including devices for rapid processing of COVID-19 tests, confirmed that its Tokyo headquarters was hit by a cyberattack on Tuesday evening. “Fujifilm Corporation is currently carrying out an investigation into possible unauthorized acce...
Tags: Security, Crime, Hardware, Articles, Tech, Ceo, Intel, Ransomware, Cybercrime, Tokyo, Fujifilm, Dark Web, Crimes, Cyberwarfare, Cyberattacks, Computer Security


Cybersecurity unicorn Exabeam raises $200M to fuel SecOps growth

Exabeam, a late-stage startup that helps organizations detect advanced cybersecurity threats, has landed a new $200 million funding round that values the company at $2.4 billion. The Series F growth round was led by the Owl Rock division of Blue Owl Capital, with support from existing investors Acrew Capital, Lightspeed Venture Partners and Norwest Venture Partners. The announcement of Exabeam’s latest funding, which the company says will help it on its mission to become “the number one trusted ...
Tags: Security, Cloud, Okta, Funding, Tech, Ceo, Intel, Companies, Software, President, Leader, Lightspeed Venture Partners, Chairman, Executive, Crowdstrike, Lightspeed


SoftBank-backed construction giant Katerra said to be shutting down after raising billions

After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Information. Last year, the company claimed it had more than 8,000 employees globally. Menlo Park-based Katerra had already been struggling to find a viable business in cheaply building apartments properties for real estate developers when it was pushed to the edge of bankruptcy late last year, with the compa...
Tags: TC, Softbank, Tech, Ceo, Companies, Vodafone, WeWork, Khosla Ventures, Dfj Growth, Greenoaks Capital, Menlo Park, Barron, Masayoshi Son, SoftBank Group, Vision Fund, Katerra


Max Q: Selling space

Max Q is a weekly newsletter from TechCrunch all about space. Sign up here to receive it weekly on Mondays in your inbox. This week actually includes two, since I was out last week for a Canadian national holiday (and back today for the U.S. one, ironically). There’s plenty to cover, including Blue Origin’s bidding process, lunar landers, spaceships launching at sea and the return of our very own space event. Blue Origin’s big bid Blue Origin is auctioning off one seat on its first ever human ...
Tags: Google, TC, Space, Japan, Spacex, Elon Musk, Tech, Ceo, Nasa, Canada, United States, Space Tourism, Gm, Lockheed Martin, Spaceflight, Lockheed


ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp!, founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure they stay up and running. The idea for the on-demand repair app for EV charging stations came to Terry when she was working at EV Connect, where she held a number of roles including director of programs and head of customer experience. She noticed long wait times to fix non-electrical issues at chargi...
Tags: Startups, TC, Transportation, Electric Vehicle, Technology, China, Events, Linkedin, Tech, Ceo, AV, Automotive, Electric Vehicles, Automation, Transport, Reid Hoffman


Penfold closes $8.5M to provide a full stack pension in an app aimed at freelancers

Penfold, a startup that offers a full stack pension in a smartphone app, has closed a $8.5 million (£6m) funding round, $4M of which was from a crowdfunding campaign. The company is now approved by the FCA to operate a pension itself rather than relying on third parties, and is aimed at freelancers who rarely save. The round was led by Bridford Group, the Family Office of Jorg Mohaupt, allegedly the only Angel investor in Adyen. Alan Morgan of MMC Ventures also invested. Penfold says it built th...
Tags: Personal Finance, TC, Europe, Tech, Hmrc, London Stock Exchange, Banking, Ceo, Smartphone, Fca, Aviva, Adyen, Ifa, KYC, MMC Ventures, The Family


See what’s new from Wejo, CMC, iMerit, Plus, oVice, & Michigan at TechCrunch’s mobility event

We’re in the final run-up to TC Sessions: Mobility 2021 on June 9, and the great stuff just keeps on coming. We’ve stacked the one-day agenda with plenty of programming to keep you engaged, informed and on track to build a stronger business. You’ll always find amazing speakers — some of the most innovative minds out there — on the main stage and in breakout sessions. Dramatic pause for a pro tip: Don’t have a pass yet? Buy one here now for $125, before prices go up at the door. “I enjoyed the bi...
Tags: TC, Uber, Japan, Technology, California, Tech, Ceo, Automation, Transport, Michigan, Mobility, Las Vegas, Self-driving Cars, Robotics, Driver, Officer


Dapper Labs backs art hardware startup Infinite Objects in $6 million seed raise

The NFT world is all about reshaping the idea of digital ownership, but art hardware startup Infinite Objects sees a big opportunity in making physical copies of those assets as it looks to reshape digital art and collectibles. The startup makes screens that show a single video from a single artist and don’t do anything else. You can’t download apps to the screens or upload your own photos to them or check the time or weather. If you even want another piece of art from Infinite Objects, you can’...
Tags: TC, Articles, Tech, Ceo, Nba, Christie's, National Basketball Association, Ashton Kutcher, Cryptocurrencies, Blockchains, Ethereum, Cryptocurrency, Blockchain, Mary Meeker, Artist, Brooklyn Bridge Ventures


Skiff, an end-to-end encrypted alternative to Google Docs, raises $3.7M seed

Imagine if Google Docs was end-to-end encrypted so that not even Google could access your documents. That’s Skiff, in a nutshell. Skiff is a document editor with a similar look and feel to Google Docs, allowing you to write, edit and collaborate in real-time with colleagues with privacy baked in. Because the document editor is built on a foundation of end-to-end encryption, Skiff doesn’t have access to anyone’s documents — only users, and those who are invited to collaborate, do. It’s an idea th...
Tags: Google, Security, Startups, Technology, Yahoo, Tech, Ceo, Encryption, Cryptography, End-to-end Encryption, Software, Google-docs, Sequoia Capital, Jerry Yang, Signal, Operating Systems


With new Partner Colin Hanna, and Shikha Ahluwalia as Associate, Balderton puts down roots in Berlin

As of now, one fo the UK’s biggest and most active tech VCs has a new partner. Principal Colin Hanna has spearheaded several of Balderton’s deals in the past couple of years, and has now been appointed a Partner. But there’s a twist to this plot. He will be officially based in Berlin (where he’s lived since 2019), thus giving the VC a more powerful reach, being based, as it is, solely in London. Hanna said: “Having been with Balderton for five years, I am humbled to now call my mentors my Partne...
Tags: TC, Hong Kong, Europe, Balderton Capital, UK, Technology, London, Finance, Germany, Berlin, India, Tech, Ceo, Companies, United Kingdom, Jp Morgan