Private investment platform Republic’s ~$1 billion venture arm is reportedly in talks to raise $700 million for two new crypto-focused funds, according to Axios. The funds include a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios wrote in its Pro fintech newsletter. The venture fund will have 20% of its
Tech
While the world continues to wonder what ‘free speech absolutist‘ and gadfly billionaire Elon Musk might mean for the future of Twitter, the European Union has chalked up an early PR win in the long game of platform regulation — extracting agreement from the Tesla founder that its freshly rebooted approach toward content policy sounds
South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The company just secured a $5.8 million Series A extension to scale its AI-based ship berthing monitoring and navigation systems to help cargo ships navigate safely
Investment in stocks or retirement accounts can seem like a complicated process if you are not sure where to begin. Mentum is out to change that in Latin America, and is working on customizable investment APIs and widgets so businesses in Latin America can build and offer fully digital investment products, like local mutual funds,
Swedish startup PocketLaw — a contract automation software-as-a-service legal tech platform which is mainly focused on SMEs — has pocketed €10 million (~$11M) in Series A funding led by European VC firm, Atomico, to fuel expansion in Europe. Ben Blume, partner at the venture capital firm, is joining the board as part of the investment. The round
If drones are to take over any of the numerous tasks they are supposed to, they’re going to have to get a lot smarter — and learn to work together. In a demonstration of both of these things, Chinese researchers show off a swarm of drones collectively navigating a dense forest they’ve never encountered. We’ve
TikTok is introducing a new way to lure advertisers to its platform by giving them the ability to showcase their brands’ content next to the best videos on TikTok. Ahead of its NewFronts presentation to advertisers scheduled for this afternoon, TikTok announced the launch of TikTok Pulse, a new contextual advertising solution that ensures brands’
Startups need capital and often fundraise from investors. This requires pitching, numbers, stats and a story. And the time has to be correct. The key to timing is easy, according to this CEO: Fundraise when your confidence is high. Each week on TechCrunch Live, investors and entrepreneurs share lessons learned from personal experiences. And Front
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. When you start a project, it’s easy to get caught up in it. Then time passes and suddenly it’s been a half decade. Equity, a podcast I got
A federal judge in California dismissed Donald Trump’s lawsuit against Twitter Friday, dimming at least one avenue the former president and prolific tweeter might have used to get back to his platform of choice. Trump’s argument that the social media company and its then-chief executive Jack Dorsey violated his right to free speech failed to
We’re less than two weeks away from kicking off TC Sessions: Mobility 2022. Our first in-person mobility event since 2019 — holy cats! — takes place on May 18-19 in San Mateo, California, followed by an online event on May 20. Don’t miss this opportunity to connect with hundreds of your peers and hear about,
Codenotary, the company behind the immutable immudb open source database and a software supply chain security service built on top of it, today announced that it is also adding a full-stack Kubernetes and VMware vSphere monitoring service for operations and DevOps teams on top of that. Basically, while the company’s previous offering — Codenotary Cloud
Folk, the next-generation CRM started by European startup studio eFounders, is going live today. If you’ve paid attention to TechCrunch, I’ve already covered Folk in the past. Since then, the product has evolved a bit and is now ready for prime time. “The biggest SaaS [software-as-a-service] category is CRM. The highest valuation in the SaaS
Google has announced a package of additional controls for users of its productivity suite, Google Workspace (neé G Suite), in Europe — which it’s rolling out by the end of this year and next. It says these extra control will enable organizations — both public and private sector — to “control, limit, and monitor transfers
Facebook’s rebranded parent, Meta, has become the next tech giant to be confirmed as subject to a special competition abuse control regime in Germany, following a 2021 update to its digital competition rules that are focused on large digital companies which are considered to be of “paramount significance for competition across markets”, as the law
The food delivery business, and tech companies leading the charge, were hot commodities at the peak of the COVID-19 pandemic as people stayed indoors and turned to apps to fill their bellies with pre-made meals. Now with that trend cooling off, those companies are feeling the chill. In the latest development, big changes and drama
Germany-based rental car giant Sixt has confirmed it’s been hit by a cyberattack that has caused widespread disruption to its global operations. According to a statement from Sixt, which has more than 2,000 locations across more than 110 countries, the company first detected “IT irregularities” on April 29, before subsequently confirming the cyberattack and containing
Keyboard startup Fleksy has launched a new self-serve SDK to expand its reach for indie developers wanting to add custom keyboard software to their apps. The Barcelona-based mobile keyboard software maker has been pursuing a white label licensing approach to selling its customizable keyboard tech for several years but it’s now looking to expand its
Digital therapeutics plus pills? Iceland’s Sidekick Health has developed a gamified digital care platform that’s designed to support healthcare outcomes by applying personalized behavioral lifestyle nudges, including alongside clinical treatments like drugs, to augment, extend and support patient care for a range of chronic diseases and conditions from cancer to cardiovascular health, diabetes and arthritis
French startup Alan has raised a new €183 million funding round ($193 million at today’s exchange rate). The company sells its own health insurance products and has expanded to other medical products and services. In other words, Alan wants to build a healthcare super app and a one-stop shop for all your questions and needs
The European Union’s flagship reform for tackling Big Tech platform power, the Digital Markets Act (DMA), will come into force in early 2023, Commission EVP Margrethe Vestager has said — rowing back from an earlier suggested timeframe of this fall. But she also implied that enforcements against unruly Internet “gatekeepers” could flow soon after the
Just over a year after launching a dedicated unit focused on digital markets inside the national competition watchdog, the UK government has put some meat on the bones of what this new Big Tech regulator will focus on — including confirming it will have the ability to levy fines of up to 10% of global
Meet Pixy, Snap’s little flying companion. Pixy is a mini drone that can act as a camera sidekick when you can’t ask someone to take a video of you. It’s yellow, it’s cute and it’ll be available in the U.S. and in France for $229.99. “Today, we’re taking the power and magic of the Snap
Airbnb today announced that it will soon no longer offer refunds for COVID-19-related circumstances, including cases where a guest or host becomes sick with COVID-19 — reflecting an update to the company’s extenuating circumstances policy. Beginning May 31, Airbnb hosts’ cancellation terms will apply “as usual,” Airbnb said, although certain reservations made before May 31
Yesterday, fintech startup Lydia unveiled a brand new design for its financial super app. And it’s an opinionated take on mobile payments — not just a fresh coat of paint. I sat down with the company’s founders to discuss the thinking and vision for the future of Lydia. In many ways, Lydia isn’t standing still
Tesla CEO Elon Musk sold around 4.4 million shares of the company on Tuesday, according to regulatory filings published on Thursday. Musk, via Aaron Beckman, his power of attorney, filed a total of five Form 4s with the U.S. Securities and Exchange Commission to cover all 138 individual transactions. The value of the sales in
BlocPower founder Donnel Baird grew up in the Bedford-Stuyvesant neighborhood of Brooklyn in the 1980s. The area was so poor that buildings often lacked decent heating systems. People would turn on the stove or use electric heaters to compensate for ineffective central heating. It wasn’t safe or efficient, but it was reality for many families,
Smallstep founder and CEO Mike Malone calls big, distributed systems his happy place, but these systems involve a lot of machine-to-machine communications, an area identity vendors haven’t been able to solve. The central issue is that when there are no humans involved, how do you authenticate the hand-off between machines to ensure it’s going to
Ben Franklin once famously said that in this world nothing can be said to be certain, except death and taxes. But that doesn’t make dealing with either particularly natural and easy. Tech is rushing in to fill that gap, and today a Berlin-based startup called Taxfix, which has built a popular mobile assistant to address
Luis Severino cupped the glove around his ear in frustration. The Yankee Stadium two-strike Death Star siren was blaring over the PA, the announcers reasoned. The pitcher signaled frustration with a new piece of technology that’s quickly been rolled out on baseball’s biggest stage. Manager Aaron Boone walked out to the mound, handing Severino a
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