Nine months after announcing a $5 million seed round, Toronto auto repair software company AutoLeap is back with $18 million in Series A funding, this time led by Bain Capital Ventures. Joining Bain in the round is existing investor Threshold Ventures, which led the seed round, to give the company $23 million in total funding.
Tech
Audio social network Clubhouse, video sharing platform Vimeo and anti-ad fraud startup DoubleVerify are among a clutch of tech companies and organzations preparing to sign up to a beefed-up version of the European Union’s Code of Practice on Online Disinformation, the Commission said today. Back in May the EU’s executive said it would be strengthening
No one knows exactly how drone delivery will fit into the future of logistics, but one thing is for sure: the aircraft aren’t going to drop off important payloads directly onto someone’s lawn. Matternet’s Station, an automated landing space and payload control tower, may be the solution, and the flower-like structure has finally made the
Twitter really can’t go a day without releasing new products. But if you’re running an account for a business or a public figure, its latest addition might capture your interest. Soon, businesses and creators will be able to opt into “professional accounts,” giving them additional tools to distinguish their profile, quickly promote content through ads,
Rivian, the electric automaker backed by Amazon, Ford and a cornucopia of heavy-hitting institutional investors like T. Rowe Price Associates and Coatue, finally made its once-confidential IPO filing public. The company, which started in 2009 as Mainstream Motors before adopting the Rivian name two years later, has exploded in terms of people, backers and partners
Some big brands spend millions of dollars on marketing each year and may only drive thousands of dollars in sales as a result. At the same time, influencers are steering thousands, or even millions, of their followers to certain brands. ProductWind aims to connect brands with influencers in one click. The company is building a
The future of office work, post-COVID-19, is driving plenty of startup activity. Not just around core business needs like comms (Zoom, Slack et al) — but entrepreneurs are also competing to come up with the perfect tool to recreate the social serendipity of office life in order to make dispersed workers feel a bit more
In 2019, Rivian showed up at the Overland Expo West in Flagstaff, Arizona with a prototype of what is now known as the camp kitchen. Now, with production ready 2022 Rivian R1T electric pickup trucks coming off the assembly line, the final version of the kitchen is ready for prime time. The automaker has made
Silicon Valley-based venture capital (VC) firm Benhamou Global Ventures, known as BGV, closed its fourth fund with $110 million to support global enterprise companies. The new fund is 60% larger than its third fund and will be invested similarly, in seed and Series A startups focused on what general partner Anik Bose said the firm
Datacenters are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. In the latest development, a startup called Speedata, which is building a processor (fabless) to cover the specific area of big data
DroneSeed started as a tech-powered alternative to the backbreaking work of large-scale tree-planting, but this important task is only one small part of forest restoration, the infrastructure for which is being pushed to the breaking point by wildfires. Armed with $36M in new funding, the company is reimagining reforestation from root to crown in a
Netflix is expanding its mobile gaming push with the launch of three more gaming titles which will become exclusively available to Netflix members in select European markets. The company today is introducing a trio of casual games — “Shooting Hoops,” “Teeter Up,” and “Card Blast” — to Netflix members in Spain and Italy, as well
The days of “no signal” may be behind us with the advent of Lynk’s satellite network that lets any modern phone exchange data directly with a satellite overhead, no special antenna or chip required. The company just demonstrated a two-way data link this week and announced its first network partners in Africa and the Bahamas
Sisu Data, which aims to help businesses make better decisions, announced today it has raised $62 million in a Series C round of funding led by Green Bay Ventures. Existing backers Andreessen Horowitz (a16z) and NEA also put money in the round, along with new investor Geodesic Ventures. The financing brings San Francisco-based Sisu’s total
In the summer of 2019, Timilehin Ajiboye became intrigued with the idea of building a travel app after conversations with a circle of friends. One friend reached out to Ajiboye asking if he knew of any platform where she could find new, aesthetically pleasing places to dine in, visit and take pictures. And then, during a
The decarbonization of the planet will be the next major disruption of the 21st century, according to SOSV managing general partner Sean O’Sullivan and Carmichael Roberts of Breakthrough Energy Ventures. A disruption of such magnitude will bring about changes that will touch every industry and corner of daily life, and as a result, a complex
As more enterprises migrate to cloud-based architectures, they are also taking on more applications (because they can) and, as a result of that, more complex workloads and storage needs. Machine learning and other artificial intelligence applications add even more complexity. Now a startup that has built technology to make that process move faster and more
The UK’s competition watchdog has cleared Facebook’s acquisition of Kustomer, a maker of CRM tools. The purchase was announced last November — with a price-tag we reported as $1BN — but is pending closing after facing regulatory scrutiny. The UK’s Competition and Markets Authority (CMA) opened an inquiry on the proposed merger this summer, at
Making smartphones more accessible is always a good idea, and Google’s latest features bring quick actions and navigation to people whose expressions are their primary means of interacting with the world. Project Activate and Camera Switches let users perform tasks like speaking a custom phrase, or navigating using a switch interface, through facial gestures alone.
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 consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone.
If that headline sounded judgmental, I apologize. We just wrapped up a three-day virtual event that included discussions and interviews with some of the most notable people in technology, media, government and venture capital. Even in person, there’s no way to absorb Disrupt in its entirety. Full Extra Crunch articles are only available to membersUse
The boom in venture capital fundraising that the technology startup market has enjoyed since the back half of 2020 has been eye-popping. Record sums have been disbursed around the world as more firms entered the fray to invest in startups, and the late-stage capital flowed like water. But while the venture capital game seemed to
When it comes to online calendars and calendar apps, services like Google Calendar and Outlook from Microsoft rule the roost with hundreds of millions of users globally. Now another company is hoping to ruffle some feathers with its own move into the space. TechCrunch has learned and confirmed that Yahoo is working on called Day,
Tesla broke ground on its “Megafactory,” a new production facility in California, so christened because it will produce the company’s large-scale battery system Megapack. News of the previously unannounced factory was confirmed by the Lathrop Mayor Sonny Dhaliwal in a Facebook post that was deleted and re-posted. “We are proud to be the home of
Avenue launched Friday to give operations their own tools to monitor teams, and is building a “command center” for this area of business that is often forgotten, co-founder and CEO Justin Bleuel told TechCrunch. In addition to the launch the company is announcing $4 million in seed funding, led by Accel, with participation from Flexport
The UK published its first ever national AI strategy this week. The decade-long commitment by the government to levelling up domestic artificial intelligence capabilities — by directing resource and attention toward skills, talent, compute power and data access — has been broadly welcomed by the country’s tech ecosystem, as you’d expect. But there is a
The FCC has sent out the first checks from its Emergency Connectivity Fund, an effort to help close the “homework gap” at schools by covering the cost of computers and internet services. Thousands of school districts, in every state plus D.C., Guam and Puerto Rico, will split this first $1.2 billion distribution, and there’s still
Amazon has launched Prime Video Channels in India, allowing its customers to subscribe to eight streaming services including Discovery+ and Mubi from one hub, the latest in a series of efforts by the U.S. giant to win customers in the South Asian nation. The new offering makes it easier for users to login and pay
We started this competition with 20 impressive startups. After three days of fierce pitching in the virtual yet incredibly competitive Startup Battlefield arena, we have a winner. The startups taking part in the Startup Battlefield have all been hand-picked to participate in our highly competitive startup competition. Like last year, we reproduced the nail-biting excitement
Fintech startups are having one hell of a week. On the heels of Boston-based software-and-payments company Toast’s strong IPO pricing, Remitly priced shares in its own debut above its proposed range yesterday evening. The Seattle-based fintech company sold 12,162,777 shares (7,000,000 primary) at $43 apiece. The company had previously targeted a $42 per-share max price
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