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Pillow wants to make crypto saving and investing easy for new users
Catherine Shu
2,022
10
12
aspires to be an all-in-one platform that says it helps even newbie users save, spend and invest in crypto currency. The Singapore-based startup announced it has raised $18 million in Series A financing co-led by Accel and Quona Capital, with participation from Elevation Capital and Jump Capital. The app currently has...
Ask the professor: Wharton’s Mori Taheripour on how to negotiate the right way
Connie Loizos
2,022
10
12
Mori Taheripour teaches negotiations at the Wharton School at the University of Pennsylvania, where she has taught undergraduates, MBA students and executive MBA students how to have better business conversations. Taheripour has also coached corporate clients, including on behalf of Goldman Sachs and Major League Baseb...
Royalty-backed Lightrock packs $834 million into its first climate fund
Harri Weber
2,022
10
12
, the London-based backer of neobank and “wood modification” company , has secured about $834 million (€860 million) for a new fund focused on climate tech. The private equity and venture firm plans to pump the money into startups in areas such as clean energy, decarbonization and sustainable . Lightrock will write...
GoHenry, the fintech for under-18s, raises $55M after passing 2M users
Ingrid Lunden
2,022
10
12
Neobanks have made a name for themselves by successfully winning the business of newly minted adults, opening their first checking, savings and investment accounts and uninterested in doing business with clunky, expensive legacy banks. Now a new wave of startups and services has been getting a jump on that model with a...
Daily Crunch: Closed early-access product Relay raises $5M seed round to ‘tackle collaborative workflows’
Christine Hall
2,022
10
12
If you’re joining us at Disrupt next week, here’s an incentive for turning up early — we’re ! Fun fun fun! — and Back in 2019, Microsoft launched Dapr, an open source project that aimed to make it easier for developers to build microservices on top of Kubernetes. Dapr service, reports. DataGrail has always been ...
Founders shouldn’t bet on a Q4 venture capital resurgence
Alex Wilhelm
2,022
10
12
time in years, it felt like venture capitalists slowed their cadence this summer. In days of yore, such “summer slowdowns” were par for the course, as investors took long holidays in August, leading to a general paucity of VC activity. Then the market went nuts for a few years, and such breaks became rarer as investor...
6 investors share where they draw the line when it comes to ethical issues
Rebecca Szkutak
2,022
10
12
industry doesn’t have the best track record when you’re talking about ethics. Like most professions involving power and wealth, venture capital also sometimes attracts people for whom doing the right thing isn’t a concern. Limited regulatory oversight and a lack of transparency mean that investors can often get off sc...
Katana, an ERP for SMB manufacturers, raises $34M
Paul Sawers
2,022
10
12
, an enterprise resource planning (ERP) platform for small- and medium-sized manufacturers, has raised €35 million ($34 million) in a Series B round of funding. ERP is a form of business management software that can serve any number of functions inside a company, from marketing and risk management, to supply chain mana...
FOLX powers LGBTQ+ telehealth support groups with $30M round
Andrew Mendez
2,022
10
12
, a telehealth company catering to the LGBTQIA+ community, closed a fresh $30 million round of funding, which it will use to expand its new support groups feature. The company provides affirming and inclusive care through services such as hormone replacement therapy, PrEP prescriptions, general and sexual health servic...
Fintech fundraising has reverted to the mean
Alex Wilhelm
2,022
10
12
on building financial technology saw their as investors doubled, and more, the amount of capital flowing into fintech companies, measured on a quarterly basis. The comedown from those highs took longer. But, today, looking at , it’s clear that the fintech funding boom is behind us; even more, global fintech funding...
Check out our partner roundtable topics and speakers at Disrupt
Lauren Simonds
2,022
10
12
With less than a week to go, we’re absolutely stoked to see you all in San Francisco for , live and in person! You’re no doubt planning your days and with more than 50 roundtable discussions on tap, we want to call your attention to the info-rich topics that our partners will present. But first… and save $700. Sc...
Netflix signs up with UK TV ratings agency BARB to reveal streaming viewership numbers
Lauren Forristal
2,022
10
12
After years of being tight-lipped on viewership numbers, Netflix teamed up with British TV ratings agency or BARB, an organization in the U.K. that reports broadcast and streaming numbers. Starting in November, the organization will measure Netflix’s daily streaming numbers as well as report on its monthly reach and ...
Polestar steers toward the mass market with its first electric SUV
Jaclyn Trop
2,022
10
12
EV maker Polestar has unveiled the Polestar 3, its first SUV designed to help propel the startup to bona fide mass market automaker. Priced from $83,900, the 489-horsepower Polestar 3 will achieve an estimated 300-mile range, according to Polestar — a competitive set of figures designed to compete with a forthcoming cr...
Pokémon Scarlet & Violet has a VTuber gym leader
Amanda Silberling
2,022
10
12
I didn’t know we needed a VTuber Gym Leader in the Pokémon universe. Then, we met Iono. Last week, Pokémon released a about the upcoming  games, which will mark the ninth generation of the iconic franchise’s main series installments. So this morning, when Pokémon unveiled another teaser for the upcoming games, some ...
Google’s Pixel Watch delivers nice hardware, but fails to answer the ‘why’
Brian Heater
2,022
10
12
evasive maneuvering to get us here — the building out of a small-scale hardware ecosystem, coupled with a couple big-ticket acquisitions and a partnership with one of its largest potential competitors. But suddenly, Google emerging as competitive in the smartwatch space doesn’t seem an altogether outlandish propositio...
Samsung and Google partner to speed up Matter-enabled smart home setups
Ivan Mehta
2,022
10
12
Samsung and Google announced a new partnership today that will allow easier setup for devices on both Samsung SmartThings and Google Home systems. At the Samsung Developer Conference held in San Fransisco, the Korean tech giant said that it will update its SmartThings app in the coming months so that users can onboar...
Instagram expands AI-powered age verification program to India and Brazil
Ivan Mehta
2,022
10
13
Instagram, facing scrutiny from safety advocates, started testing a program in the U.S. earlier this year to verify users’ age of those claiming to be 18 or older. It uses techniques including authentication via . The Meta-owned service is now ready to roll out this program to two key overseas markets: India and Brazi...
Shein owner fined $1.9M for failing to notify 39M users of data breach
Rita Liao
2,022
10
13
A data breach from 2018 is putting Shein under the spotlight as the ultra-fast fashion e-commerce platform continues to conquer Gen Z markets across the world. Zoetop, the firm that owns Shein and its sister brand Romwe, has been fined $1.9 million by New York for failing to properly handle a security incident, accordi...
Daily Crunch: Google holographic video chat booth, Project Starline, finds its way into the real world 
Christine Hall
2,022
10
13
We just keep getting more excited about Disrupt, but it turns out there’s other stuff going on in the world. A lot of other stuff, in fact; it’s one of those days where keeping this newsletter to a manageable length was extra tricky. Here’s what we came up with. Enjoy! — and Any robotic system worth its salt has the...
Waste4Change is building a circular economy in Indonesia
Catherine Shu
2,022
10
13
Even the largest landfills in Indonesia , and the government has . is one of the companies that wants to help by increasing rates of recycling and enabling better waste management. The startup, which currently manages more than 8,000 tons of waste very year, announced today that it has raised $5 million in Series A...
Some new venture firms are going really, really (really) niche
Connie Loizos
2,022
10
13
There are big, overarching top-down trends, and there are little-bitty baby trends that have a way of growing into bigger ones. A big trend right now, for example, centers on certain firms that passed out enormous checks to startup founders in recent years and drove valuations sky high in the process. It turns out this...
Google Pixel 7 Pro: Refinements are perfectly fine
Brian Heater
2,022
10
12
Google event, a colleague commented to me that the Pixel 7 wasn’t as big an upgrade as the Pixel 6. This is an objectively true statement. But also, it’s fine. Whatever you think about the yearly refresh cycle hardware makers are locked into, we’ve all come to accept that some upgrades are going to be more incremental...
Getaway launches a way for you to enjoy, and own, vacation homes
Natasha Mascarenhas
2,022
10
13
Being in the business of convincing people that they deserve a vacation is hard. Being in the business of convincing people that they can co-own a vacation house and enjoy it at the same time can be deceptively harder. — different from another , which sells escapes to tiny cabins in the middle of nature — wants to ma...
Repairable laptop firm Framework introduces refurbished program
Brian Heater
2,022
10
13
Framework is at the vanguard of a growing movement to make electronics more repair-friendly. Some have done so by choice and others have been…nudged in that direction by looming right to repair legislation across the globe. Framework, like Fairphone, is making that a core principle of its technology, without sacrificin...
Meta files to dismiss FTC complaint over acquisition of VR fitness company Within
Amanda Silberling
2,022
10
13
Meta submitted a to dismiss the Federal Trade Commission’s complaint about its of Within. The Los Angeles virtual reality firm makes Supernatural, a rhythm game-turned-workout app that, in our humble opinion, is a legitimately excellent use of VR. It makes sense why Meta wants to absorb the company, but the FTC has...
Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics
Rita Liao
2,022
10
13
Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious auto chip developers, the company on Thursday. The German au...
Q3 data reminds us that venture debt is not a Hail Mary
Rebecca Szkutak
2,022
10
13
never meant to be used to bail a company out of financial trouble. And yet, when venture capitalists started to pull back from equity investing earlier this year because frothy market conditions made them realize that valuations were too high, it became a topic of discussion again. Across the industry, from founders t...
Receptions, parties and more at TechCrunch Disrupt
Lauren Simonds
2,022
10
13
Hey, party people! As if you won’t find plenty to keep you occupied at — which kicks off in less than a week on October 18–20 — take a look at this list of receptions and happenings that complement and coincide with your Disrupt experience. Note that while some events are open to all, others are invitation-only or ro...
Activision Blizzard is once again being sued for sexual harassment
Amanda Silberling
2,022
10
13
For over a year, Activision Blizzard employees have protested against the company’s of ongoing sexual harassment allegations. Now, an anonymous Jane Doe has filed yet another lawsuit against the gaming giant for sexual harassment, gender discrimination and sexual battery, among other complaints. “For years, Activisio...
Is the venture market slowing or did crossover funds just bounce?
Alex Wilhelm
2,022
10
13
capital data rolls in, the TechCrunch crew is busy parsing the numbers. We’ve looked at , we’ve touched on , and we have a climate startup venture analysis coming this weekend. We’ve also looked at  and its . The main gist is that while VC investment in the United States is slowing, it appears that the global vent...
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Natasha Mascarenhas
2,022
10
12
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Pitch Deck Teardown: Supliful’s $1M seed deck
Haje Jan Kamps
2,022
10
13
critique decks for fundraises we didn’t cover on TechCrunch, but for , I had to make an exception because it’s a company that solves a spectacularly interesting problem. Consumer packaged goods companies can churn out products all day long, but marketing is an expensive challenge. Creators produce content all day lon...
The last mile
Brian Heater
2,022
10
13
devoting the first several paragraphs of this newsletter to Amazon every week, but no one is making waves — both good and bad — in the robotics space quite like the little mom-and-pop bookseller from Seattle, Washington. This is one of the bad weeks. It’s a story about what happens when your high-profile pilot doesn’t...
Inside Motional’s strategy to bring robotaxis to market
Rebecca Bellan
2,022
10
13
Motional, the Hyundai-Aptiv joint venture that aims to commercialize autonomous driving technology, announced last week its to bring robotaxi services to North American cities over the next 10 years. The Uber deal comes off the back of similar partnerships with and to launch robotaxi services in Las Vegas. Sensin...
Sony and Honda envision an EV that entertains while it takes the wheel
Rebecca Bellan
2,022
10
13
Sony and Honda have officially launched their joint mobility venture that aims to start delivering premium electric vehicles with automated driving capabilities in the United States in the spring of 2026, followed by Japan in the second half of 2026. The joint venture from hardware, software and entertainment conglomer...
Netflix undercuts Disney+ with launch of its $7/month ad-supported plan early next month
Lauren Forristal
2,022
10
13
The moment has finally come. Today, Netflix hosted a press call to reveal a preview of its new ad-supported tier, “ ,” which will launch on November 3 in nine countries, including the U.S., and cost $6.99 per month, $13 less than Netflix’s Premium plan. This aligns with reports that the new plan would be . Plus, Niels...
Crypto VC deployment still slow as investors wait for even lower valuations
Jacquelyn Melinek
2,022
10
13
crypto markets is leading to mismatched conversations between venture capitalists and founders — and entrepreneurs aren’t often finding themselves on the winning side. While some crypto-native and general funds are actively deploying capital into the digital asset world, others are taking a slower approach. Over the s...
Meet these five emerging startups at TC Sessions: Crypto
Lauren Simonds
2,022
10
13
Whether it’s seasoned industry behemoths or fresh, fearless upstarts ready to challenge the status quo, you’ll find them — and everything in between — at on November 17 in Miami. It’s early-bird season, folks, so and save $150 — before prices go up. Take a deep dive through the to plan your day, but be sure to s...
Daily Crunch: Andreessen Horowitz backs Synonym’s development of ‘fermentation farms’
Christine Hall
2,022
10
14
Hot damn, it’s happening: A bunch of the TechCrunch team are on airplanes, aeroplanes and other spellings of flying vessels to come join us in San Francisco for Disrupt. To say that we are excited would be using altogether too few syllables. made us along with a guide to all the . See you soon! — and Even the l...
The Shure MV7 is a nearly perfect USB microphone
Brian Heater
2,022
10
14
year, I get a Slack message from asking whether I’m interested in writing a gift guide (or two). “Sure,” I say, never anticipating just how much of a slog the next two months are going to be for hardware news/reviews. Putting together a roundup like that has the decided benefit of forgetting what a pain the whole th...
Tata Power, a top power producer in India, confirms cyberattack
Jagmeet Singh
2,022
10
14
Tata Power, a leading power generation company in India, has confirmed it was hit by a cyberattack. In a brief statement released on Friday, the Mumbai-based company said that the attack impacted some of its IT systems. “The company has taken steps to retrieve and restore the systems. All critical operational systems a...
Former Everyrealm execs sue company for sexual harassment, race discrimination
Anita Ramaswamy
2,022
10
14
real estate company that spun out of Republic’s crypto arm in February, is facing two lawsuits first filed in August from former directors at the company who allege they each faced numerous, separate instances of discrimination and harassment while working there. In addition to the company itself, multiple Everyrealm ...
The highs and lows of Q3 venture capital data for women startup founders
Dominic-Madori Davis
2,022
10
14
PitchBook data found that U.S. companies with all female founders are raising less capital this year than the last amid . Last year, women raised around 2.4% of all venture capital allocated, a figure that stands at 1.9% through Q3 of this year. That number becomes even lower and even worse if we factor . When the o...
Fast Forward Venture Studio to build African startups from idea to scale
Tage Kene-Okafor
2,022
10
14
, one of Nigeria’s well-known serial founders, is back with another outfit. It’s not a tech company this time — Awoyemi co-founded online jobs site Jobberman (which was acquired by ROAM Africa in 2016) and Whogohost, a bootstrapped hosting platform — but instead, a venture studio: . Awoyemi choosing this route is quit...
Is this really the second-best time ever to raise early-stage capital?
Alex Wilhelm
2,022
10
14
capital market” is nearly a misnomer, as each quarter that passes seems to bring with it a new normal for startup investment. The pace of quarterly change in how venture investors are disbursing capital is making full-year numbers almost misleading. The change inside of 2022, in other words, may at times mask just how...
Touchlab to begin piloting its robotic skin sensors in a hospital setting
Brian Heater
2,022
10
14
Manipulation and sensing have long been considered two key pillars for unlocking robotics’ potential. There’s a fair bit of overlap between the two, of course. As grippers have become a fundamental element of industrial robotics, these systems require the proper mechanisms for interacting with the world around them. Vi...
Clear Capital lays off 27% of its global staff
Andrew Mendez
2,022
10
14
, a real estate valuation technology company and firm, is laying off 27% of its staff months after freezing mass hiring, TechCrunch has learned from sources. A spokesperson for Clear Capital confirmed the layoffs to TechCrunch but did not share the specific number of employees impacted. Last November, the company annou...
Peacock experiments with interactive scenes to give fans a ‘Real Housewives’ deep dive
Lauren Forristal
2,022
10
14
NBCUniversal’s Peacock is unveiling a new interactive video feature that will let Peacock Premium subscribers delve into extended clips, including extra footage and interviews, from within an episode of “The Real Housewives.” From October 14-16, BravoCon attendees will be able to preview the upcoming feature by watchin...
SurveyMonkey parent Momentive Global lays off 11% of workforce
Jagmeet Singh
2,022
10
14
Momentive Global, the parent of the web-survey portal SurveyMonkey, laid off 11% of its workforce this week. Multiple people across divisions — including those handling the business development, customer support, recruitment and sales at the San Mateo, California-headquartered company — have been impacted, TechCrunch h...
Carving out conviction around the future of AI with Sarah Guo
Alex Wilhelm
2,022
10
14
way to show you have high conviction in yourself as an investor than being the biggest LP in your $101 million fund, right? Especially if you name your firm Conviction, as Sarah Guo did after following a decade of investing for the well-known venture group. Last week, she announced that she raised $101 million for h...
Coroner’s report into UK schoolgirl’s suicide urges social media regulation
Natasha Lomas
2,022
10
14
A ‘Prevention of Future Deaths’ following a U.K. coroner’s inquest into the suicide of British schoolgirl, Molly Russell, who killed herself almost five years ago after viewing content on social media websites that promoted self harm, has recommended the government looks at requiring age verification on sign-up to so...
TechCrunch+ roundup: Layoffs and H1-B visas, SaaS growth levers, blockchain startup tips
Walter Thompson
2,022
10
14
For cash-strapped SaaS startups trying to reach scale, the math doesn’t look great. A slump in the public markets has dragged the entire sector down, but customer acquisition isn’t getting any cheaper. In the meantime, runways are shrinking like a wool sweater in an electric dryer, and teams that hope to fundraise bett...
Today – last day to save on Disrupt passes
Lauren Simonds
2,022
10
14
It’s time for procrastination to stop here. Well, it is if you’ve put off buying your pass to . Today is your final opportunity to avoid paying full freight. Nobody likes full freight, just sayin’. You can still save $700 if…and only if…you before the deal expires precisely at . Do whatever it takes to get the job ...
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Sarah Perez
2,022
10
13
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Beyond Meat to cut 19% of its workforce amid sales slump
Christine Hall
2,022
10
14
plans to lay off about 200 employees, or 19% of its workforce, according to a disclosed Friday. The company and said the layoffs are “based on cost-reduction initiatives intended to reduce operating expenses…and target cash flow positive operations within the second half of 2023.” Beyond Meat expects the cuts to b...
Big Tech and industry lobby groups accused in EU transparency complaints
Natasha Lomas
2,022
10
14
Members of the European Parliament have lodged complaints against three tech giants, Amazon, Google and Meta, with the — aka, the oversight process that’s intended to track lobbying activity aimed at the bloc’s lawmakers — accusing the trio of breaching the lobbying transparency rules by using smaller front organizat...
3 growth levers every SaaS founder should know about
Christian Owens
2,022
10
14
company is tougher today than in the past few years. Whatever stage your company is at, a near 70% drop in the value of public SaaS stocks, increasingly limited access to funding and shrinking company tech stacks all point toward a more challenging road ahead for a sector that got used to rapid growth almost by defaul...
Inside Sono Motors’ family-friendly $25,000 solar EV
Rebecca Bellan
2,022
10
14
Sono Motors, the company building an electric vehicle that’s partially powered by the sun, debuted its flagship Sion in New York City this week as part of a multi-city tour throughout the U.S. The company aims to launch the $25,000 five-seater hatchback in Europe first — production is expected to start in the second ha...
Pantheon Design alleviates supply chain uncertainty with factory-grade 3D printing
Rita Liao
2,022
10
22
In the midst of the pandemic, , a maker of industrial 3D printers from Vancouver, BC, suddenly found itself getting orders from factories in the Midwest, the center of heavy industries. The reason? These manufacturers were having a hard time getting parts out of China as COVID-19 restrictions in the country squeezed g...
Kanye agrees to buy Parler, Elon Musk reportedly plans mass layoffs at Twitter, and Netflix gets into cloud gaming
Greg Kumparak
2,022
10
22
Hey, friends! Welcome back to , where every Saturday we recap a handful of the top TechCrunch stories from the past seven days. Want it in your inbox? ! This week marked the in-person return of TechCrunch Disrupt, with our team taking the show back into the real world after two years fully virtual. It was one helluva ...
Sugar Lab buys back its tech to take 3D-printed foods mainstream
Haje Jan Kamps
2,022
10
14
world can print in concrete, plastic, metal and pretty much everything else that starts off gooey and turns solid after a while. That includes a bunch of different types of foods, as Sugar Lab demonstrates. The company was , but co-founders Kyle von Hasseln and Meagan Bozeman decided to reverse course. Together, they...
India’s Wire retracts reports on Meta citing discrepancies
Manish Singh
2,022
10
22
Wire has retracted its reports on Meta after discovering “certain discrepancies” in its news pieces, the Indian outlet said Sunday, marking what should be an end to the high-profile drama with the social juggernaut that captured the interest of newsrooms and tech companies globally for two weeks. The move follows Wire,...
This Week in Apps: Kanye to buy Parler, TikTok’s adult-only streams, BeReal’s B round
Sarah Perez
2,022
10
22
Welcome back to This Week in Apps, that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by the pandemic has slowed down. But overall, the app economy ...
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Aisha Malik
2,022
10
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Maro’s new app looks to help schools screen kids for depression and anxiety
Aisha Malik
2,022
10
22
has developed a platform that helps families and schools navigate tough conversations about mental health. The company, which exhibited as part of the Battlefield 200 at TechCrunch Disrupt, launched its first product, in 2020. Now, the company is gearing up to launch Maro for Schools next week to help schools screen...
Could machine learning refresh the cloud debate?
Anna Heim
2,022
10
22
TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the where it gets its name. If you had a sense of déjà vu this week when David Heinemeier Hansson (DHH) announced that Basecamp’s and Hey’s parent company 37signals was , you are not alone: The debate on the pros and cons of cloud infr...
Poppin’ bottles: VCs continue to pour millions into independent beverage startups
Christine Hall
2,022
10
22
of venture capital investment flow into independent beverage startups recently, it was time to take a step back and see if this kind of company actually made sense as a venture investment. For one, the competition for space on grocery store shelves is fierce, eclipsed only by the fact people are finicky. The contain...
Overheard at TechCrunch Disrupt 2022
Natasha Mascarenhas
2,022
10
22
As far as weeks go, this one was as disruptive as they come. has officially come to a close after an iconic three days of interviews, startup pitches and “Oh my god I know you from Twitter” moments. I think I can speak for my co-workers when I say we are all exhausted and refreshed, somehow, at the same damn time. So,...
Apple exec says future iPhones will comply with EU’s USB-C mandate
Ivan Mehta
2,022
10
25
There has been a lot of consumer demand and regulatory push on Apple to change the iPhone’s charging port from the lightning connector to USB-C. Earlier this month, the European Parliament connectors from 2024 — increasing pressure on the tech giant to make the switch. Greg Joswiak, Apple’s senior vice president of m...
Hyundai and WeRide plan to fuel self-driving with hydrogen in China
Rita Liao
2,022
10
25
While hydrogen is still relatively niched as a fuel for electric vehicles, a startup in China is jumping ahead to embrace it for autonomous driving scenarios. WeRide, one of the most funded robotaxi operators in China with investors including Renault-Nissan-Mitsubishi Alliance, Tuesday it is joining hands with Hyunda...
WATI, a CRM tool built for WhatsApp, raises $23M led by Tiger Global
Catherine Shu
2,022
10
25
WhatsApp is used by more than two billion around the world and is an important tool for many small businesses. But as they scale up, even WhatsApp for Business might not be able to keep up with their needs. That’s where (WhatsApp Team Inbox) steps in. Built on WhatsApp for Business’ API, WATI has customer sales and e...
Lyft relaunches monthly subscription plan at half the price
Rebecca Bellan
2,022
10
25
Ride-hail giant Lyft has relaunched Lyft Pink, its monthly subscription plan, at half of its previous price. At $9.99 per month or $99 per year, the new membership offers perks like free priority pickups and a discount of “at least” 5% on Preferred, Lux and XL rides, the company Tuesday. Members will also receive thr...
Square Peg Capital closes $550M fund for Southeast Asia, Australia and Israel
Catherine Shu
2,022
10
25
It’s a tough market for venture capital, but is plowing ahead with its focus on Australia (where it is based), Southeast Asia and Israel. The firm announced today that it has closed its fifth fund totaling $550 million. This brings its total raised across all funds to about $1.6 billion. Square Peg has invested in mo...
Helbiz’s Wheels acquisition fails to impress investors
Rebecca Bellan
2,022
10
25
Helbiz’s deal to buy Wheels has officially gone through and with it some promises from the shared micromobility operator to its investors that the tie-up will double its annual revenue and help it reach profitability. Helbiz is hardly the only shared micromobility operator battling to achieve profitability. It’s a situ...
Daily Crunch: After glitch causes a two-hour global outage, WhatsApp restores service
Christine Hall
2,022
10
25
Overheard at a VC/startup conference recently: Product market fit is like a product going around from weirdly shaped customer group to weirdly shaped customer group, like that old kid’s book “ ” Startups can be a little bit like that; sometimes the users can surprise you, and the product needs to ask a few different po...
Overwatch 2 Review: Can you teach an old game new tricks?
Taylor Hatmaker
2,022
10
25
going on. The company’s leadership is a (hi, !) and it’s only partially cleaned house. The failure to deliver on the makes the game’s scene, both competitive and casual, even less of a sure thing. And Microsoft is currently in the process of trying to , an outcome that would further consolidate the gaming indust...
Microsoft says GitHub now has a $1B ARR, 90M active users
Frederic Lardinois
2,022
10
25
As part of its , Microsoft today announced a number of new data points for , the massively popular code repository service it for $7.5 billion in 2018. According to Microsoft, GitHub now has an annual recurring revenue of $1 billion, up from a reported at the time of the acquisition. The company also announced th...
Five questions to consider ahead of Big Tech’s Q3 earnings
Alex Wilhelm
2,022
10
25
bell, Alphabet and Microsoft will report their calendar third-quarter financial results. Given the breadth of industries that each of these companies touch, their performance will provide us with rich data concerning different areas of the technology landscape. The fun will continue tomorrow when Meta reports its own ...
New Zealand Uber drivers win case declaring them employees
Rebecca Bellan
2,022
10
25
A group of Uber drivers in New Zealand won a landmark case Tuesday against the ride-hail company which will force Uber to treat them as employees, rather than independent contractors. New Zealand’s employment court decision only applies to four drivers who were part of a , but the ruling may have wider implications fo...
Who’s most likely to buy Nutanix?
Ron Miller
2,022
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Wall Street Journal quoted sources as saying that was . Some may not find that surprising given Nutanix’s recent financial performance, but the question is if the company were to sell, who would be the most likely to buy it, and would it be a better fit for a large public company or a private equity firm? (At this ...
Chris Sacca on climate investing right now: The opportunity ‘almost feels unfair’
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Today, for a series of climate-related conversations organized by the global venture firm , we interviewed famed investor Chris Sacca, whose investment firm is managing $2 billion in capital across one fund that’s focused on nuclear fusion, another fund focused expressly on carbon removal, and the rest across a wide...
Is MrBeast actually worth $1.5 billion?
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Whenever YouTube superstar crops up in business or tech headlines, you’re guaranteed to find a slew of bewildered comments: Who is this guy, and why is a YouTuber such a big deal? Am I old if I don’t know who this is? Why is he younger than me, yet makes so much more money? Is this dude actually giving people , or i...
TechCrunch+ roundup: Technical due diligence, web3’s promise, how to hire well
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In films, screenwriters always include a moment known as the Promise of the Premise. It’s the part of the story where the audience settles in to the new world they’ve entered. One of my favorite examples is in the first Harry Potter movie, when Hagrid takes Harry to Diagon Alley, the magical shopping district that intr...
Investors are sitting on mountains of cash: Where will it be deployed?
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continued at a robust pace, but much less cash is being deployed. Let’s start with a few headlines: The public markets have seen an extreme valuation recalibration, and it’s effectively trickling down into the private markets. All the while, crossover funds and VCs have been watching from the sidelines — capital deplo...
Apple’s iMessage and FaceTime are down for some users
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First, went down this morning. Now, Apple’s iMessage and FaceTime appeared to experience an outage in the U.S. this afternoon. noted they were having trouble sending messages and connecting on the services and Apple’s marked iMessage and FaceTime as having issues. “Some users are affected,” the status said. Now the ...
Pitch Deck Teardown: The Palau Project’s $125k pre-seed deck
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of pitch deck submissions for this TechCrunch Pitch Deck Teardown series from people who are raising friend and family rounds, and I mostly pass on them. Often, these decks aren’t very good, but it’s important to remember that they don’t have to be. For a small round (say $200,000 or below), most well-connected entrep...
Greener wants to help consumers and businesses be more sustainable
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Many consumers and companies want to reduce their impact on the environment but may not know where to start or how to sustain the necessary changes. Tom Ferrier, the founder of , an Australian cleantech startup, wants to help. He argues that sustainability and climate action doesn’t need to be complicated. His startup...
Disney+ becomes the international home for new seasons of ‘Doctor Who’
Lauren Forristal
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Disney and the announced today that Disney+ will be the new exclusive home outside of the U.K. and Ireland for the hit British sci-fi series “Doctor Who.” Beginning in 2023, new episodes of the series will be released on the platform in more than 150 markets, including the United States. BBC will continue to host the...
Juragan Material is simplifying Indonesia’s complicated construction supply chain
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Indonesia’s construction industry is large and , but a lot of supply procurement is still done the old-fashioned way, through phone calls and text messages. wants to make things easier with a B2B marketplace for building materials from curated suppliers. The company announced today it has raised $4 million in seed fu...
PINA offers wealth management for Indonesia’s growing middle- to upper-class
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Indonesian wealth management app PINA’s founding team. PINA While many of Indonesia’s investment apps are focused on hooking first-time investors with low fees and starting deposits, is targeting the middle-to-upper classes with wealth management services. The app announced today that it has raised $3 million in se...
The 2022 McLaren GT is a fresh take on a classic recipe 
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the term “daily driver sports car” exists. It’s because typically, purpose-built performance cars suffer from an inherent lack of usability: They’re loud, uncomfortable and they require pristine driving conditions. What’s more, they’re often bereft of the accessories we’ve grown used to, and when they’re included, the...
Without a clear ask, your pitch deck is useless
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your Keynote skills, you’re giddy that you’re finally going to be able to start paying yourself a living wage, and you are excited to start pitching your startup’s next round of funding to your investors. It’s heady times, for sure, but hit the other pedal there for a moment, friend — you may be forgetting something. ...
Despite crypto ban, China’s tech talent rides the global web3 wave
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bans on cryptocurrencies, domestic web3 talent is quietly flourishing, with many venturing beyond the country’s border. From offering crypto derivative products to making NFT games, Chinese web3 entrepreneurs’ footprint is far-reaching worldwide. Many believe the current state of the internet, or web2, has become ove...
Equity crowdfunding appears immune to market volatility, on track for its best year yet
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or community raises, as the fundraising platforms involved prefer to call it — has grown steadily over the last few years. governing the process continue to evolve in the market’s favor, and 2022’s venture may be the final piece needed to quiet the fundraising strategy’s naysayers for good. This year looks poised ...
Tracking Klarna’s plunging valuation
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Welp, I had a whole other topic planned for my intro today and then the Klarna news hit. In case you missed it, on July 1, the Wall Street Journal reported that the Swedish buy now, pay later behemoth and upstart bank is reportedly , giving new meaning to the phrase “down round.” The news was shocking, to say the leas...
India’s Tata Motors wants to sell 50,000 EVs by end of fiscal year
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Mumbai-based automaker Tata Motors wants to sell 50,000 electric vehicles by the end of the fiscal year ending March 31, the company’s chairperson Natarajan Chandrasekaran said during a shareholders’ meeting on Monday. In the 2023/24 period, Tata — which produces passenger cars, trucks, vans, coaches, buses, luxury car...
Ultrahuman busts out a smart ring to decode metabolic health
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Indian fitness platform is expanding its wearable portfolio by launching a smart ring to boost its ability to provide tech loving ‘biohackers’ — and, it hopes, health-concerned Boomers — with more insightful metabolic insights. Sensors embedded in the forthcoming Ultrahuman Ring include temperature, heart rate and mo...
Founder of auto giant Geely buys Meizu as smartphone demand weakens
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Remember Meizu, the ? The Chinese smartphone maker is making a comeback — in a way — as it gets acquired by the founder of Geely, China’s largest private automaker and Volvo’s parent company. China’s smartphone industry is notoriously competitive. Founded in 2003, Meizu has been making affordable, trendy Android-bas...
MarketWolf is a trading-first platform for new investors
Catherine Shu
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Live in India, Singapore-based has plans to introduce stock trading to first-time investors in more markets. The platform announced today it has raised $10 million in Series A funding led by Singaporean venture capital firm Jungle Ventures and Mumbai-based Dream Capital. Returning investors 9Unicorns, iSeed, Crescent...
Max Q: Capped
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Hello and welcome back to Max Q. I hope all my American readers had a restful Independence Day. In this issue: Relativity Space will be sending OneWeb’s second-gen broadband satellites to orbit starting in 2025 using its fully reusable 3D-printed rocket Terran R, under a new multi-launch agreement. This is the fifth cu...