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 2021-08-25 11:55 

TechCrunch

Xiaomi reports record 64% revenue growth, acquires Deepmotion for $77.3 million...

Xiaomi reported a second-quarter net income of $1.28 billion on revenue of $13.56 billion following the Chinese technology giant's strong surge in smartphone market share globally. During the quarter that ended in June, Xiaomi said it saw a 64% year-o...

 2021-08-25 10:00 

TechCrunch

BreachQuest emerges from stealth with $4.4M to modernize incident response...

The startup's founding team is made up of former NSA, Department of Defense, and U.S. Cyber Command employees....

 2021-08-25 08:03 

TechCrunch

MaxAB gets an extra $15M, acquires YC-backed Moroccan startup WaystoCap...

Last month, MaxAB, the Egyptian B2B e-commerce platform that serves food and grocery retailers, raised one of the largest Series A on the continent, to the tune of $40 million. Today, it has raised a $15 million extension from existing investors — R...

 2021-08-25 03:22 

TechCrunch

Vietnam after-school learning startup Marathon raises $1.5M pre-seed round...

Marathon Education was created after its founders realized after-school education in Vietnam hadn't evolved much since they were kids. Some of the most popular tuition centers in big cities teach hundreds of students at once. "They're packed l...

 2021-08-24 23:17 

TechCrunch

Musk admits Full Self-Driving system "not great," blames a single stack for highway and city streets...

It hasn't even been a week since Tesla hosted its AI Day, a live-streamed event full of technical jargon meant to snare the choicest of AI and vision engineers to come work for Tesla and help the company achieve autonomous greatness, and already CEO E...

 2021-08-24 22:10 

TechCrunch

Daily Crunch: Internet watchdog Citizen Lab says iPhone spyware dodges Apple's security measures...

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package....

 2021-08-24 22:00 

TechCrunch

Ai Palette raises $4.4M to help companies react faster to consumer trends...

Developing new packaged foods and consumer goods can take a couple years as companies research, prototype and test products. In a society that runs on social media, however, people expect to see trends land on store shelves much more quickly. Founded in 2...

 2021-08-24 21:35 

TechCrunch

Extra Crunch roundup: Zm CEO interview, Cisco's M&A ethos, neoinsurance bad romance...

When is the last time your doctor treated you at home?...

 2021-08-24 21:12 

TechCrunch

Digital locker app Movies Anywhere adds AI-powered lists to organize your library...

Movies Anywhere, an app that allows you to centralize your digital movie collection from across services, is rolling out a new feature that will help you make better sense of your growing library. The company today introduced an AI-powered feature called ...

 2021-08-24 20:58 

TechCrunch

Linktree partners with PayPal to allow users globally to accept direct payments...

Linktree, the popular "link in bio" service with more than 16 million users, is partnering with PayPal to expand its recently launched "Commerce Links" tools for direct payment on Linktree globally. The Melbourne-based startup says creator...

 2021-08-24 20:46 

TechCrunch

ForgeRock files for IPO as identity and access management business grows...

ForgeRock filed its form S-1 with the Securities and Exchange Commission (SEC) this morning as the identity management provider takes the next step toward its IPO. The company did not provide initial pricing for its shares, which will trade on the New Yor...

 2021-08-24 20:40 

TechCrunch

You can now buy the $299 Oculus Quest 2 with 128GB of storage...

Following its announcement late last month, Facebook's new 128GB model of the Oculus Quest 2 is now available to buy, for the same $299 price as the previous 64GB base model....

 2021-08-24 20:38 

TechCrunch

Ramp and Brex draw diverging market plans with M&A strategies...

From a high level, all of the recent deal-making in corporate cards and spend management shows that it's not enough to just help companies track what employees are expensing these days....

 2021-08-24 20:25 

TechCrunch

Flockjay cuts at least half of its workforce as it pivots away from bootcamps into B2B SaaS...

Flockjay, a bootcamp startup that helps laid off people and job seekers break into tech, cut half of its own employees amid a broader pivot to a B2B SaaS platform, TechCrunch has learned from sources close to the company. The layoffs impacted every nontec...

 2021-08-24 19:46 

TechCrunch

Fika Ventures nearly triples its assets under management: "It's definitely a crazy time"...

Fika Ventures is a five-year-old, L.A.-based seed stage fund that has been funding mostly business-to-business startups, as well as fintech companies and a sprinkling of healthcare IT startups — as long as they don't involve hardware or FDA appr...

 2021-08-24 19:26 

TechCrunch

Microsoft will bring cloud gaming to Xbox consoles this holiday season...

Microsoft is moving into the next phase of its plan to bring Xbox Cloud Gaming to as many devices as possible, bringing it to Xbox Series X/S and Xbox One consoles this holiday season....

 2021-08-24 18:19 

TechCrunch

Bankers chase Byju's for IPO, valuation pegged up to $50 billion...

Nearly every top investment bank is chasing Byju's and nudging the most valuable Indian startup to seriously explore the public markets as soon as next year. Most banks have given Byju's a proposed valuation in the range of $40 to $45 billion, but...

 2021-08-24 17:58 

TechCrunch

Boston's startup market is more than setting records in scorching start to year...

Boston is benefiting from larger changes to the U.S. venture capital market, helping close historical gaps in its startup funding market and access funds that previously might have skipped the region....

 2021-08-24 17:56 

TechCrunch

Ispace unveils bigger moon lander capable of surviving lunar nights...

Ispace, a Japanese space startup that aims to lead the development of a lunar economy, has unveiled its design for a large lander that could go to the moon as early as 2024. Tokyo-based ispace said this next-gen lander, dubbed Series 2, would be used on t...

 2021-08-24 17:51 

TechCrunch

TechCrunch Disrupt 2021 kicks off in less than a month...

We're less than one month away from kicking off our flagship global event, TechCrunch Disrupt 2021. And we're feeling the adrenaline rush that can only come when more than 10,000 startup icons, experts, founders, investors and makers gather to lea...

 2021-08-24 17:50 

TechCrunch

Paxos renames its stablecoin from PAX to USDP...

Paxos, the company behind the Paxos Standard stablecoin (PAX), has announced that it is changing the name of its cryptoasset. Paxos Standard is now Pax Dollar, and you'll soon be able to identify it on your favorite cryptocurrency exchange, wallet or ...

 2021-08-24 17:40 

TechCrunch

NoRedInk raises $50 million Series B to help students become better writers...

"In order to become a better writer, read your written words out loud." That's one of the first, and best, writing tips I ever received. I always found the advice ironic because it required me to change the medium of my writing to become a bet...

 2021-08-24 17:25 

TechCrunch

Aileen Lee and Guild Education's Rachel Carlson will share how to get to yes on Extra Crunch Live...

Aileen Lee is one of the most prestigious and successful venture capitalists of the past decade. Before starting her own firm in Cowboy Ventures, Lee was a partner at KPCB for more than 12 years. Her portfolio includes DocSend, Ironclad, Philz Coffee, Sty...

 2021-08-24 17:02 

TechCrunch

A California judge just struck down Prop 22: Now what?...

California is not going to resolve this issue. Congress is not going to resolve this issue because it almost never resolves anything. So the game comes down to individual states....

 2021-08-24 16:52 

TechCrunch

HyPoint and Piasecki reach $6.5M deal to develop hydrogen fuel cells systems for eVTOLs...

A quick survey of many of the most highly valued electric vertical take-off and landing companies shows one thing in common: All of them are developing aircraft powered by batteries. But a growing suite of aviation companies, turned off by what they see a...

 2021-08-24 16:27 

TechCrunch

Airbnb to provide free temporary housing for 20,000 Afghan refugees...

Airbnb CEO Brian Chesky said on Tuesday the company plans to offer free temporary housing to 20,000 Afghan refugees around the world amid the Taliban's rise to power in Afghanistan. Chesky said the company will cover the costs for the housing, using f...

 2021-08-24 16:08 

TechCrunch

Israel's DiA gets $14M to expand AI-driven ultrasound analysis...

Israel-based AI healthtech company, DiA Imaging Analysis, which is using deep learning and machine learning to automate analysis of ultrasound scans, has closed a $14 million Series B round of funding. Backers in the growth round, which comes three years ...

 2021-08-24 16:03 

TechCrunch

Waymo launches robotaxi service in San Francisco...

Waymo, the self-driving vehicle company under Alphabet, has launched a robotaxi service that will be open to certain vetted riders in San Francisco. On Tuesday, the company officially kicked off its Waymo One Trusted Tester program in the city with a flee...

 2021-08-24 16:00 

TechCrunch

NBA All-Star Chris Paul joins digital media startup Greenfly's growth round...

Greenfly is building a workflow to provide sourcing, creation and automated distribution of short-form photos and videos created for social media....

 2021-08-24 15:46 

TechCrunch

Stewart Butterfield and Bret Taylor are coming to Disrupt...

When Salesforce acquired Slack at the end of last year for almost $28 billion, the deal seemed on its face to make sense, given that the coronavirus pandemic accelerated already growing demand for tools that enable people to work remotely and that roughly...

 2021-08-24 15:33 

TechCrunch

Walmart announces GoLocal, a last-mile delivery service for other retailers...

Walmart today announced of a new delivery service business called Walmart GoLocal, which allows other merchants, both large and small, to tap into Walmart's own delivery platform to get orders to their customers. Merchants can choose to the use the se...

 2021-08-24 15:04 

TechCrunch

It's time for the VC community to stop overlooking the childcare industry...

The revitalization of the childcare sector would benefit from an ambitious and galvanizing "moonshot" goal, like providing universal, free childcare for all Americans....

 2021-08-24 14:01 

TechCrunch

Substack acqui-hires team behind subscription social app Cocoon...

Subscription newsletter platform kingpin Substack shared today that they've acqui-hired the team behind Cocoon, a subscription social media app built for close friends. We covered the Y Combinator-backed startup's initial $3 million seed raise led...

 2021-08-24 14:00 

TechCrunch

After testing, Instagram launches ads in the Instagram Shop tab globally...

Last year, Instagram unveiled Shops as part of Facebook's larger pivot toward e-commerce. Shops is front-and-almost-center on the app's bottom navigation bar, even more readily accessible than the button to upload a new photo. Now, after testing i...

 2021-08-24 14:00 

TechCrunch

testRigor scores $4M seed to turn a list of actions into a QA testing script...

Imagine typing out of a series of steps in plain English that would reflect a list of actions a human QA tester would undertake to test an app, then turning that list into an automated testing script. That's exactly what testRigor, a member of the Y C...

 2021-08-24 14:00 

TechCrunch

Sora's HR automation software raises $14M Series A...

Two Sigma Ventures led the financing event, putting in $10 million, with prior investors completing the round....

 2021-08-24 14:00 

TechCrunch

Trym adds crop steering to its cannabis seed-to-sale platform...

Crop steering turns growing carrots or cannabis from an art into a science. Indoor growers have long turned to this practice to improve yields, which involves precisely controlling and manipulating three variables: light, climate, and irrigation. If tweak...

 2021-08-24 13:41 

TechCrunch

TikTok expands Shopify partnership, pilots TikTok Shopping in US, UK and Canada...

TikTok is moving into e-commerce. The company announced this morning an expanded partnership with e-commerce platform Shopify, as well as a pilot test of TikTok Shopping among select Shopify merchants across the U.S., U.K., and Canada in the weeks to come...

 2021-08-24 13:30 

TechCrunch

Why global investors are flocking to back Latin American startups...

The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing startup scene in the region, with proven successes such as N...

 2021-08-24 13:00 

TechCrunch

Automotive startup Upstream raises $62M Series C to scale cloud-based security...

Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter, Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around auto...

 2021-08-24 13:00 

TechCrunch

Spotify's Podcasts Subscriptions service is now open to all U.S. creators...

Spotify is today opening up access to Podcast Subscriptions to all podcast creators in the U.S., after first launching the service for testing with a smaller number of creators back in April. Through Spotify's podcast creation tool Anchor, podcasters ...

 2021-08-24 13:00 

TechCrunch

Tango dances in with $5.7M, making employee onboarding easier...

Tango is designed to help employees get back as much as 20% of their workweek spent searching for that one piece of information or tracking down the right colleague to assist with a task....

 2021-08-24 13:00 

TechCrunch

Brazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks...

Cora, a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. This is a large Series B by any standards, but particularly so for a Latin American startup. It's also notable...

 2021-08-24 13:00 

TechCrunch

Hunters brings in $30M Series C to grow XDR security tech...

With the growing volume of ransomware and supply chain security attacks, there is a need for organizations to more rapidly detect threats. It's that opportunity that startup Hunters is looking to capitalize on as the company today announced that it ha...

 2021-08-24 12:44 

TechCrunch

Peloton Tread arrives next week with enhanced safety features, following recall...

During a banner year for connected fitness, Peloton stumbled, as its two treadmills the Tread+ and Tread drew the scrutiny of the U.S. Consumer Product Safety Commission (CPSC). The two eventually collaborated for the planned recall of 125,000 Tread+ unit...

 2021-08-24 12:01 

TechCrunch

ICON lands $207M Series B to construct more 3D-printed homes after seeing 400% YoY revenue growth...

Creating single-family homes for the homeless using 3D printing robotics. Developing construction systems to create infrastructure and habitats on the moon, and eventually Mars, with NASA. Delivering what is believed to be the largest 3D-printed structure...

 2021-08-24 12:00 

TechCrunch

NS1 brings open-source service NetBox to the cloud...

New York City based startup NS1 got its start providing organizations with managed DNS services to help accelerate application delivery and reliability. With its new NetBox Cloud service that is being announced in preview today, NS1 is expanding its servi...

 2021-08-24 12:00 

TechCrunch

Shipt's new feature pairs members with their favorite, 5-star shoppers...

Target's same-day delivery service Shipt is launching a new feature that will pair customers with their favorite shoppers on future orders. This "Preferred Shoppers" feature will be available as a membership-only perk at no extra charge, offer...

 2021-08-24 12:00 

TechCrunch

Infinite Canvas raises $2.8M for a metaverse creator group modeled after esports teams...

With the promise of an interconnected virtual world coming into focus and user-crafted gaming content exploding, Infinite Canvas is looking to apply lessons learned in the esports boom to the metaverse. "Metaverse" is the hot buzzword right now, b...

 2021-08-24 12:00 

TechCrunch

Ramp raises $300M at a $3.9B valuation, makes its first acquisition...

Less than five months after raising $115 million, spend management startup Ramp announced today it has raised $300 million in a Series C round of funding that values the company at $3.9 billion. That's more than double the $1.6 billion that New York-b...

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