Investors appear to be betting that the future IPO market will accelerate at attractive prices. Otherwise, none of what we are seeing regarding the rising price of startups makes sense.
TikTok is building its own AR development platform, TikTok Effect Studio
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Both Facebook and Snap offer tools that allow developers to build out augmented reality (AR) experiences and features for their own respective family of apps. Now, TikTok is looking to do the same. The company recently launched a new creative toolset called T
Pry Financials raises $4.2M to make startup accounting more approachable
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Pry Financials wants to make startup finances approachable for its entire team, not just the people in charge of its accounting spreadsheets. The Y Combinator alum announced today it has raised $4.2 million from Global Founders Capital, Pioneer Fund, NOMO VC
How one founder aims to bring researchers and food producers together around cultured meat
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When Clarisse Beurrier was getting her education in Chemical Engineering and Biotechnology, she already knew she wanted to make a difference; hence her participation in Effective Altruism Cambridge, an organization dedicated to helping smart and capable peopl
With more cash and a launch, Vannevar Labs is reconnecting Silicon Valley to its defense industry roots
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Silicon Valley was once one of the most productive regions in the country for the defense industry, churning out chips and technologies that helped the United States overtake the Soviet Union during the Cold War. Since then, the region has been known far les
Zūm CEO Ritu Narayan explains why equity and accessibility works for mobility services
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Getting children to school safely is a challenge nearly as old as public education. But rarely have entrepreneurs tackled the problem of updating and optimizing one of our largest transit systems.
Netflix’s live-action ‘Cowboy Bebop’ series arrives on November 19th
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Netflix's live-action adaptation of classic anime Cowboy Bebop has been a long time coming, and the show finally has a release date. The 10-episode first season will start streaming on November 19th.
Taiwan Innovative Space will conduct a test launch of its Hapith I rocket in Australia later this year
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Australian regulators have given Taiwan Innovative Space, a five-year-old launch company that goes by Tispace, the green light to conduct a commercial launch at a newly licensed facility in southern Australia later this year. Tispace will conduct a test fligh
Givz raises $3M in seed funding to make donations a marketing tool for businesses
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Givz, which has developed an API-powered platform that gives brands a way to convert discounts into donations, has raised $3 million in seed funding. Eniac and Accomplice co-led the financing for the New York-based startup. Additional investors include Supern
Announcing the agenda for TechCrunch Sessions: SaaS
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TechCrunch Sessions is back! On October 27, we’re taking on the ferociously competitive field of software as a service (SaaS), and we’re thrilled to announce our packed agenda, overflowing with some of the biggest names and most exciting startups in t
FDA fully approves Pfizer-BioNTech’s COVID-19 vaccine
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The U.S. Food and Drug Administration (FDA) has granted full approval to Pfizer-BioNTech’s COVID-19 vaccine, making it the first vaccine to achieve that status. The mRNA-based vaccine has been available since late last year through an Emergency Use Auth
Lux Capital’s Deena Shakir is helping judge Startup Battlefield at this year’s Disrupt
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Deena Shakir is a partner at Lux Capital, where she looks to invest in technologies that are streamlining analog industries while also improving lives and livelihoods. Among the companies she has backed, for example, are Shiru, which is leveraging computation
PayPal expands the ability to buy, hold and sell cryptocurrency to the U.K.
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PayPal will now allow users outside the U.S. to buy, hold and sell cryptocurrency for the first time. The company announced today the launch of a new service that will allow customers in the U.K. to select between four types of cryptocurrencies — includ
Shelf.io closes huge $52.5M Series B after posting 4x ARR growth in the last year
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This is the sort of deal that we expect to see Tiger in -- an outsized investment compared to prior rounds into a high-growth company that has lots of market room.
Equity Monday: Stocks up, cryptos up, regulation up
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into so
Why have the markets spurned public neoinsurance startups?
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The companies we're examining cover auto insurance (Root, MetroMile), home and rental insurance (Hippo, Lemonade), and health insurance (Oscar Health). All are taking a whacking by the market. Why?
African fintech OPay valued at $2B in SoftBank Vision Fund 2-led $400M funding
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Chinese-backed and Africa-focused fintech company OPay raised $400 million in new financing led by SoftBank Vision Fund 2, Bloomberg reported Monday, valuing the company at $2 billion. The round which marks the Fund’s first investment in an African star
The Station: Bird’s improving scooter-nomics, breaking down Tesla AI day and the Nuro EC-1
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello readers: Welcome to The Station, your central hub for all past, present and future means o
Virgin Orbit is set to go public via a merger with a special purpose acquisitions company (SPAC), the company has confirmed. The deal values the combined enterprise at $3.2 billion, and will provide Virgin Orbit with $483 million in cash at close, including
India’s Zetwerk valued at $1.33 billion in new funding
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An Indian startup that operates a business-to-business marketplace for manufacturing items is the latest to attain the coveted unicorn status in the South Asian market. Bangalore-based Zetwerk said on Monday it has raised $150 million in a Series E financing
Blockchain startup XREX gets $17M to make cross-border trade faster
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A substantial portion of the world’s trade is done in United States dollars, creating problems for businesses in countries with a dollar shortage. Blockchain startup XREX was launched to help cross-border businesses in emerging markets perform faster trans
Mobility startup Plentywaka picks up $1.2M seed, acquires Ghana’s Stabus
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Lagos and Toronto-based mobility startup Plentywaka has raised a $1.2 million seed round to scale its operations on the back of leaving the Techstars Toronto accelerator program last month. Canadian-based VC firm The Xchange led the round, SOSV and Shock Ve
Tencent in talks to lead funding in India’s Pocket FM
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Tencent is in advanced stages of talks to lead an investment round in Gurgaon-headquartered Pocket FM, the latest in the Chinese giant’s push to broaden its consumer internet portfolio in the Indian market. The Chinese firm, which is already an investor in
Twitter seems on an aggressive path to putting pedal to the metal. From its earliest days as a failwhale generator and a ransacker of third party successes, the company under Jack Dorsey’s stewardship has become an acquirer of tools to support the creators
Hello friends, and welcome back to Week in Review! I’m back from a very fun and rehabilitative couple weeks away from my phone, my Twitter account and the news cycle. That said, I actually really missed writing this newsletter, and while Greg did a fant
Y Combinator, 500 Startups, Plug and Play invest in Odiggo’s $2.2M seed round
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Servicing one’s car personally is a time-consuming, expensive and painstaking process. It’s a cycle that can lead to more expensive repairs and safety issues down the line, and no car owner likes that. Egypt and Dubai-based auto tech startup Odigg
The tough calculus of emissions and the future of EVs
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Mark Mills Contributor Share on Twitter Mark Mills is the author of the forthcoming book, «The Cloud Revolution: How the Convergence of New Technologies Will Unleash the Next Economic Boom and a Roaring 2020s.» He is a senior fellow at the Manhatt
China roundup: Beijing takes stake in ByteDance, Amazon continues China crackdown
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Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world.
This week was more than hectic, so we have a lot of ground to cover. Below are more notes on the Brazilian IPO market, more coverage of the Chicago startup scene and a host of numbers from startups concerning their recent growth results.
This Week in Apps: OnlyFans bans sexual content, SharePlay delayed, TikTok questioned over biometric data collection
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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global co
Thanks for reading Startups Weekly. Want the weekly digest in your inbox every Saturday? Sign up here. When COVID-19 first began to infect the world, my interviews with venture capitalists all somewhat fit into the same mold. Investors would tell me that th
California’s gig worker Prop 22 ruled unconstitutional by superior court
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In a late Friday night blow to Uber, Lyft and other gig worker-centered companies, a superior court judge ruled that California’s Proposition 22, which was passed in 2020 and designed to overrule the state’s controversial AB-5 law on the employment statu
Growth roundup: Mail privacy protection and growth marketing beyond the tactics
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“Email impacts marketing strategy and enables better overall business success. It’s the lifeblood of an effective multichannel campaign,” says Melissa Sargeant, CMO at Litmus. “However, Apple’s Mail Privacy Protection — announced earlier this summ
Get your pitch-off on with our Disrupt Startup Alley companies on upcoming episodes of Extra Crunch Live
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Disrupt is right around the corner, and this year the show is packed to the brim with incredible panels and conversations, an absolutely stacked Startup Battlefield cohort of companies launching on our stage, investor insights and a virtual expo hall full of
Social platforms wrestle with what to do about the Taliban
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With the hasty U.S. military withdrawal from Afghanistan underway after two decades occupying the country, social media platforms have a complex new set of policy decisions to make. The Taliban has been social media-savvy for years, but those companies will f