Posts filtered by tags: TC[x]


 

Snackpass gobbles up $70M at a $400M+ valuation as its social food ordering platform crosses 500k users

While every food delivery company is trying to get an edge on its rivals with discount codes, faster service, and a turn into the realm of spooky with ghost kitchens and dark stores, a startup built on a lighter, social concept — letting people see what their friends are chomping on, making it possible to order food and drinks for each other and group order, with buyers picking it all up for themselves — has just raised a substantial Series B and says that it is already profitable. Snackpass, wh...
Tags: TC, Tech, Snapchat, Yale, Miami, Andreessen Horowitz, Kevin Hart, Boston Celtics, Jamie Marshall, Bastian Lehmann, Tan, Jonas Brothers, Steve Aoki, Bastian, William Barnes, Kevin Tan


How one founder realized satellite internet didn’t have to be fast or expensive to be useful

It’s hard to understand just how steeply the cost of launching and operating satellites has dropped, particularly since the introduction of lower cost launch services from a number of commercial players, and the maturation of the smartphone supply chain. Swarm co-founder and CEO realized just how much the cost curve had changed when she and her co-founder Ben Longmeir realized that they could outfit tiny satellites Longmeir had created as a kind of space lover’s hobby with the equipment needed t...
Tags: Google, TC, Space, Podcast, Tech, Nasa, Artificial Intelligence, Satellites, Swarm, Found, Sara, Ben, Commercial Space, Ben Longmeir, Longmeir


Instagram’s newest test mixes ‘Suggested Posts’ into the feed to keep you scrolling

The days of a scrolling to the end of your Instagram feed look to be coming to an end. After adding algorithmic suggestions to the bottom of the app last year, Instagram is running a test that would splice more recommended posts from accounts you don’t follow into the feed with those you do. In the next few days, the company will begin testing an expansion of “Suggested Posts” which would sprinkle that content through the regular feed. As it stands now, Suggested Posts appear at the bottom of In...
Tags: Social, TC, Facebook, Instagram, Social Media, Tech, Software, Computing, Operating Systems, Mobile Software, Technology Addiction, Suggested Posts Instagram


As clinical guidelines shift, heart disease screening startup pulls in $43M Series B

Cleerly Coronary, a company that uses A.I powered imaging to analyze heart scans, announced a $43 million Series B funding this week. The funding comes at a moment when it seems that a new way of screening for heart disease is on its way.  Cleerly was started in 2017 by James K. Min a cardiologist, and the director of the Dalio Institute for Cardiac Imaging at New York Presbyterian Hospital/Weill Cornell Medical College. The company, which uses A.I to analyze detailed CT scans of the heart, h...
Tags: TC, UK, Medicine, Cdc, US, Tech, Cta, Artificial Intelligence, Heart Attack, Disease, Fda, United Healthcare, Radiation, American College of Cardiology, European Society of Cardiology, Imaging


VCs to meet with StartupAlley+ cohort at Disrupt 2021

This year we’re taking exhibiting in Startup Alley, the epicenter of opportunity at every Disrupt, to a whole new level at TechCrunch Disrupt 2021 (September 21-23). Team TechCrunch will tap up to 50 exhibiting founders to take part in Startup Alley+, an exclusive, VIP experience designed to grow your business and increase your opportunities two months before Disrupt kicks off. Want a shot? Buy a Startup Alley Pass before they’re gone. Pro Tip: The Startup Alley+ experience does not cost anythin...
Tags: TC, Tech, Dan Olsen, Redpoint Ventures, Startup Alley, Danny Crichton, John Lynn, Annie Kadavy, Startup Alley Pass, TechCrunch Disrupt 2021


PairTree speeds adoption process with an online self-matching platform and $2.25M seed

Making the choice to adopt, or to find an adopting family, is a legally complex, emotionally taxing, expensive and time-consuming process. PairTree aims to make one part at least considerably easier and faster with its online matching platform where expectant mothers and hopeful adopters can find each other without the facilitation of an agency or other organization. The company has just raised a $2.25 million seed round, a rarity in the industry. The path to adoption is different for everyone, ...
Tags: Social, Fundings & Exits, Startups, TC, Supreme Court, Funding, Tech, Adoption, TechStars, Cto, Quick, Founder Collective, Urban Innovation Fund, Recent Funding, Female Founders Alliance, Erin Quick


Edtech startups and VCs rally around a memo of their own

Outschool founder Amir Nathoo has a message to the edtech sector, which recently found itself under a spotlight thanks to the pandemic: Add your voice, and don’t try to always appear neutral. The founder of the unicorn business penned a statement, co-signed by other edtech leaders, promoting the continuance of teachers being allowed to teach critical race theory in classrooms across the country. The learning framework, which has been the subject of recent legislative debate, covers the acknowl...
Tags: TC, Tech, Racism, United States, Silicon Valley, Ev Williams, Edtech, Jim Crow, Coinbase, Medium, Sara Mauskopf, Basecamp, Joanna Smith, Black America, Brian Armstrong, Quizlet


Autonomous trucking startup Embark to go public in $5.2B SPAC deal

Five-year old self-driving truck startup Embark Trucks Inc. said Wednesday it would merge with special purpose acquisition company Northern Genesis Acquisition Corp. II in a deal valued at $5.2 billion. Embark takes a different approach to autonomous trucking: As opposed to manufacturing and operating a fleet of trucks themselves, which is the route rival TuSimple is taking, Embark offers its AV software as a service. Carriers and fleets can pay a per-mile subscription fee to access it. The comp...
Tags: Startups, TC, Transportation, Funding, Tech, Automotive, Private Equity, Sequoia Capital, Department Of Transportation, Embark, Cto, Autonomous Driving, HP Inc, SPAC, Elaine Chao, Anheuser Busch Inbev


An interview with a leading venture capitalist

Inspired by this Hunter Walk tweet and the ensuing chatter. TechCrunch recently sat down with Leading Investor from Well Known Firm to chat about their investing theses, the state of today’s venture capital market, and why prices are so high for early-stage startups. We’ve been hunting down Leading Investor for some time, so it’s great to get their thoughts on today’s startup market and the larger venture capital industry. Let’s have some fun! TechCrunch: To kick things off, the early-stage st...
Tags: TC, Tech, Venture Capital, Eric, IRR, Hunter Walk, Very Old Company


Dear Sophie: What options would allow me to start something on my own?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Is it possible to expand our startup in the US? Dear Sop...
Tags: Startups, TC, Column, California, US, Tech, Diversity, United States, Silicon Valley, Lawyers, Delaware, H-1b Visa, Alcorn, Green Card, Immigration Law, Gorbis


$100 million… Leta Capital wants to be a friend to Russia-speaking founders everywhere

It’s become increasingly obvious over the last few years, as Vladimir Putin has tightened his grip on his country, that Russian entrepreneurs who want to engage properly with the rest of the world have had to leave their mother country. Gone are the days when a startup in Russia might attract attention from many Western investors. The same, alas, is true of Russian-speaking Belorussians, many of whom have left the country after brutal crackdowns there. Ukraine’s economy also remains sub-par due ...
Tags: TC, Europe, Business, UK, New York, Technology, London, Vladimir Putin, Entrepreneurship, Russia, US, Articles, Entrepreneur, Tech, Ukraine, Economy


$100 million… Leta Capital wants to be a friend to Russian-speaking founders everywhere

It’s become increasingly obvious over the last few years, as Vladimir Putin has tightened his grip on his country, that Russian entrepreneurs who want to engage properly with the rest of the world have had to leave their mother country. Gone are the days when a startup in Russia might attract attention from many Western investors. The same, alas, is true of Russian-speaking Belorussians, many of whom have left the country after brutal crackdowns there. Ukraine’s economy also remains sub-par due ...
Tags: TC, Europe, Business, New York, Technology, London, Vladimir Putin, Entrepreneurship, Russia, US, Articles, Entrepreneur, Tech, Ukraine, Economy, United States


Acryl Data, commercializing LinkedIn’s metadata tool DataHub, emerges from stealth with $9M from 8VC, LinkedIn and Insight

In 2019, LinkedIn’s engineering team announced DataHub, a metadata tool it had built to help it organise, search and discover insights from its vast data trove. In 2020, LinkedIn open sourced it. Now, a startup co-founded by one of the creators of DataHub and by a former senior engineer from Airbnb who helped build the latter company’s Dataportal, is coming out of stealth — backed by LinkedIn, among others — to usher the DataHub platform into its latest chapter: commercialization. Acryl Data, as...
Tags: TC, Linkedin, Tech, Airbnb, Cto, Shirshanka Das, George Mathew, Acryl Data, DataHub, Acryl, Swaroop Jagadish, Expedia Saxo Bank Klarna, Igor Perisic, Insight Partners MD


Product design expert Scott Tong will join us at TC Early Stage in July

Thoughtful and high-quality product design is no longer optional. Gone are the days that a startup could launch with a bare-bones app or website. The demand side of the design equation has only grown — consumers are used to beautiful, intuitive products — while the supply side is struggling to keep up. How are startups supposed to educate themselves in product design, hire the right people for those positions and think about product design as a core piece of their business? A good starting point...
Tags: Startups, TC, Facebook, Pinterest, Events, Tech, Ideo, Tong, Scott Tong, Caryn Marooney, Rahul Vohra, IMO Ventures, TC Early Stage, Early Stage 2021


Emergence’s Lotti Siniscalco and Retail Zipline’s Melissa Wong will join us on Extra Crunch Live

For all that’s said about fundraising and working alongside investors, rarely do we get to see founders and their investors in candid conversation with one another. Extra Crunch Live is changing that. On the weekly live show, we sit down with founders and the VCs who funded them to talk about how they came together on the deal, what stood out about the other party that led to their commitment and how they operate today. We also (usually) take a walk through their early pitch decks to get a feel ...
Tags: Startups, TC, Tech, Fintech, Emergence Capital, Advent International, ECL, Ribbit Capital, Melissa Wong, Extra Crunch Live Announcement, Lotti Siniscalco, Siniscalco, Whistic, Old Navy It


Salesforce, AWS announce extended partnership with further two-way integration

Salesforce and AWS represent the two most successful cloud companies in their respective categories. Over the last few years the two cloud giants have had an evolving partnership. Today they announced plans for a new set of integration capabilities to make it easier to share data and build applications that cross the two platforms. Patrick Stokes, EVP and GM for Platform at Salesforce, points out that the companies have worked together in the past to provide features like secure sharing between ...
Tags: Google, Amazon, TC, Cloud, Enterprise, Microsoft, Developer, Tech, SaaS, Gm, Aws, Salesforce, Stokes, Partnerships, Dreamforce, Thornton


Pequity, a compensation platform designed for more equitable pay, raises $19M

Diversity and inclusion have become central topics in the world of work. In the best considerations, improving them is a holistic effort, involving not just conceiving of products with this in mind, but hiring and managing talent in a diverse and inclusive way, too. A new startup called Pequity that has built a product to help with the latter of these areas, specifically in equitable compensation, has now raised some funding — a sign of the demand in the market, as well as how tech is being harn...
Tags: TC, Enterprise, Funding, San Francisco, Tech, Diversity, HR, Compensation, Human Resources, Talent, Bay Area, Norwest, Knopp, Personnel, Diversity and Inclusion, Scribble Ventures


Iceland’s Frumtak Ventures raises its third, $57M, fund focusing on post-seed and Series A

Frumtak Ventures, one of the few VCs in Iceland, has raised its third fund, Frumtak III. The $57 million (ISK 7b, €48m) fund will focus on post-seed and Series A startups. The firm says its typical ticket size will range from $1-5 million (€850k-4.2m). Frumtak was a somewhat lesser-known European VC until it popped up on our radar as the backers behind the Controlant real-time supply chain monitoring startup, the technology from which was pictured beside Andrew Cuomo, governor of New York, whe...
Tags: TC, Europe, Business, New York, Tech, Companies, Private Equity, Iceland, Andrew Cuomo, Player, Chairman, CRM, Startup Company, Governor, Meniga, Managing Partner


Forto raises $240M in funding round led by Softbank, taking its valuation to $1.2Bn

Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It’s now raised $240 million in a round led by Softbank Vision Fund 2 to expand its trade shipments between China and Europe. Forto manages shipping containers from origin to destination. Softbank is also hedging its bets after investing in China’s Full Truck Alliance (YMM.N), which plans a $20 billion IPO. That means Forto’s valuation close to $1.2 billion, after it...
Tags: TC, Europe, China, Softbank, Tech, Companies, Telecommunications, Vodafone, Northzone, Citi Ventures, Edeka, SoftBank Group, Cherry Ventures, SoftBank Vision Fund, Forto, Northzone Cherry Ventures


PlanetScale raises $30M Series B for its database service

PlanetScale, the company behind the open-source Vitess database clustering system for MySQL that was first developed at YouTube, today announced that it has raised a $30 million Series B funding round led by Insight Partners, with participation from a16z and SignalFire. With this, the company has now raised a total of $55 million, according to Crunchbase. Today’s announcement comes only a few weeks after PlanetScale launched its new hosted database platform, also dubbed PlanetScale. The company ...
Tags: TC, Youtube, Cloud Computing, Tech, Mysql, Software, Computing, Square, Andreessen Horowitz, Github, Database, Lambert, Praveen Akkiraju, Vitess, Sam Lambert, Vaidya


Vercel raises $102M Series C for its front-end development platform

Vercel, the company behind the popular open-source Next.js React framework, today announced that it has raised a $102 million Series C funding round led by Bedrock Capital. Existing investors Accel, CRV, Geodesic Capital, Greenoaks Capital and GV also participated in this round, together with new investors 8VC, Flex Capital, GGV, Latacora, Salesforce Ventures and Tiger Global. In total, the company has now raised $163 million and its current valuation is $1.1 billion. As Vercel notes, the compan...
Tags: Fundings & Exits, Startups, TC, Cloud, Developer, Cloud Computing, Funding, Tech, Ceo, Software, Computing, Ibm, Mcdonalds, Salesforce, Tiger Global, Github


Golden Ventures raises $100M fourth fund and $20M opportunities fund

Canadian early stage venture firm Golden Ventures has raised its fourth fund, a $100 million pool of capital that it will use to invest in between 20 to 25 companies, as well as a $20 million ‘Opportunities Fund’ that it will use to make follow-on investments in standout performers among its portfolio. This is also the 10th anniversary for Golden Ventures, and its latest fund arrives at a time when the Canadian startup ecosystem looks healthier than ever, with a proliferation of angels emerging ...
Tags: TC, Money, Entrepreneurship, La, Finance, Toronto, Tech, Economy, Canada, United States, Venture Capital, Private Equity, Louisiana, North America, Mobile Devices, Ourcrowd


Daily Crunch: Transmit Security’s $543M Series A is one for the record books

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 June 22, 2021. We have startup product news, funding rounds and a roster of Big Tech updates for you today. But before we get into all of that do not forget to sign up for TechCrunch Spotlight: Pittsburgh startup Pitch-Off. Also the Equity podcast crew are hosting a live taping this Thursday that should be a lot of fun. I’ll be...
Tags: Google, Amazon, TC, Twitter, India, Tech, Eu, Aws, Squad, Anna, Pittsburgh, SPAC, Newsletters, Mollie, Zeller, Getty Images Today


Extra Crunch roundup: SaaS founder salaries, break-even neobanks, Google Search tips

Usually, a teacher who grades students on a curve is boosting the efforts of those who didn’t perform well on the test. In the case of cloud companies, however, it’s the other way around. As of Q1 2021, startups in this sector have median Series A rounds around $8 million, reports PitchBook. With $100+ million Series D rounds becoming more common, company valuations are regularly boosted into the billions. Andy Stinnes, a general partner at Cloud Apps Capital Partners, says founders who are betw...
Tags: Google, Startups, TC, Advertising Tech, Entrepreneurship, Tech, Fractl, Information Technology, SaaS, Venture Capital, Ibm, Anna, Alex, Revolut, Red Hat, Alex Wilhelm


Facebook adds Shops to WhatsApp, among other e-commerce updates

Facebook is making it even easier to buy stuff while you scroll past photos of your high school lab partner’s dog. Yes, Instagram Shops and Facebook Marketplace are already displayed prominently on the apps’ bottom navigation tabs. But now, you can shop on WhatsApp too, along with other updates. Today on a Live Audio Room, CEO Mark Zuckerberg announced three e-commerce updates that are coming to Facebook products: Shops on WhatsApp and Marketplace, Shops Ads, and Instagram Visual Search. “More t...
Tags: TC, Facebook, Apps, Mark Zuckerberg, Pinterest, Instagram, Shopping, US, Social Media, Tech, Social Media Marketing, E-commerce, Ceo, Whatsapp, Artificial Intelligence, Software


Viva Republica, developer of Korean financial super app Toss, raises $410M at a $7.4B valuation

Viva Republica, the Seoul-based fintech company behind Toss, a super app with more than 40 financial services, announced today it has raised $410 million at a post-money valuation of $7.4 billion. The new funding was led by Alkeon Capital, an American investment firm, and included participation from new investors like Korea Development Bank, and returning backers Altos Ventures and Greyhound Capital. The company plans to launch Toss Bank, a neobank, in September 2021, which it describes as “the ...
Tags: Fundings & Exits, Startups, TC, Asia, South Korea, Southeast Asia, Tech, Malaysia, Korea, Vietnam, Financial Services, Seoul, Fintech, Toss, Challenger Bank, Lee


Inside GM’s startup incubator strategy

GM has launched a series of new subsidiaries in the past year tackling electrification, connectivity and even insurance — all part of the automaker’s aim to find value (and profits) beyond its traditional business of making, selling and financing vehicles. These startups, including numerous ones that will never make the cut, get their start under Vice President of Innovation Pam Fletcher’s watch. Fletcher, who joined TechCrunch on June 9 at the virtual TC Sessions: Mobility 2021 event, runs a gr...
Tags: TC, Transportation, Electric Vehicle, Tech, General Motors, Automotive, Electric Vehicles, Mary Barra, Gm, Volt, Chevy Bolt, Pam Fletcher, Chevrolet Volt, Chevy Volt, Fletcher, Cruise Automation


Super Follows and Ticketed Spaces are coming to Twitter

In Twitter’s latest appeal to one-up competitors from Clubhouse to Patreon, the company announced today that it will begin rolling out applications for Super Follows and Ticketed Spaces. Twitter first teased the Super Follow feature during an Analyst Day event in February. Super Follows allow creators on Twitter to generate monthly revenue by offering paywalled content to followers who subscribe to them for $2.99, $4.99, or $9.99 per month. Twitter will only take 3% of creators’ revenue after in...
Tags: Google, Android, Social, TC, Apps, Twitter, Spotify, Instagram, Social Media, Tech, Ceo, Software, Computing, Day, App-store, Jack Dorsey


Announcing the agenda for Extreme Tech Challenge Global Finals presented by TechCrunch

Here at TechCrunch, we’re big fans of startup competitions. From our Extra Crunch Live Pitch-offs all the way up to the world-famous Disrupt Startup Battlefield, we can’t get enough of ’em. So we’re hooking up with Extreme Tech Challenge (XTC) to present the Extreme Tech Challenge Global Finals, a startup competition focused on powering a more sustainable, equitable, inclusive, and healthy world. Extreme Tech Challenge is the world’s largest transformative tech startup competition and forum f...
Tags: Health, Food, Startups, TC, Entrepreneurship, Tech, United States, Private Equity, Epa, Environmental Protection Agency, GreenTech, Ion, Union Square Ventures, Agtech, Startup Company, Healthtech


Max Q — China’s space station gets a staff

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, China started staffing up its own space station, and Rocket Lab got the nod from NASA to develop small satellites for the purposes of exploring Mars. Meanwhile, space startups continue to raise money and it doesn’t look like the pace of that is going to slow much heading into summer. China delivers 3 astronauts to its space station Image Credits: China News Ser...
Tags: TC, Space, China, US, Tech, Nasa, Earth, Flight, International Space Station, Agriculture, European Space Agency, Space Exploration, Wildfire, Mars, Astronaut, Iss