Ajaib, the Indonesian investment app, has added $65 million to its Series A, bringing the round’s new total to $90 million. The extension was led by Ribbit Capital, the fintech investor that also led Robinhood’s $3.4 billion funding last month. Ajaib is Ribbit Capital’s first investment in Southeast Asia. The extension will be used to
Tech
Twitter CEO Jack Dorsey got called out by Rep. Kathleen Rice (D-NY) for tweeting during today’s congressional hearing on disinformation and extremism. The tech exec’s tweet was likely expressing frustration with the format of the hearing, which once again saw the tech CEOs forced to boil down their answers to complicated questions into simple “yes”
We’ve seen a lot of trend lines moving throughout 2020 and into 2021 around automation, workflow, robotic process automation (RPA) and the movement to low-code and no-code application building. While all of these technologies can work on their own, they are deeply connected and we are starting to see some movement towards bringing them together.
Gorillas, the Berlin-HQ’d startup that promises to let you order groceries and other “every day” items for delivery in as little as 10 minutes, has raised $290 million in Series B funding, at a valuation that surpasses $1 billion. The round — which was first reported by BI — is led by Coatue Management, DST
Since the pandemic began, I have been pushing the limits of my imagination to try to picture what cities will look and feel like in the coming years. If your town looks like San Francisco, where I live, it’s a pressing question: Our once-bustling financial district is a ghost town, but even in outer neighborhoods,
When TechCrunch covered UIPath’s Series A in 2017, it was a small startup out of Romania working in a little known area of enterprise software called robotic process automation (RPA). Then the company took off with increasingly large multibillion dollar valuations. It progressed through its investment rounds, culminating with a $750 million round on an
Online branded payments now run the gamut of anything from Spotify vouchers, Netflix vouchers, Neosurf, PaySafe cards, and everything in between. Consumers use them to pay for a variety of things. In Europe, they are an increasingly big business. Now, European branded payments company Recharge.com has raised €10m ($11.8m) in a debt funding round led
UI-licious’ co-founders, chief technology officer Eugene Cheah (left) and chief executive officer Shi Ling Tai (right) UI-licious, a Singapore-based startup that simplifies automated user interface testing for web applications, announced today it has raised $1.5 million in pre-Series A funding. The round was led by Monk’s Hill Ventures and will be used to grow UI-licious’
Twitter today is announcing what the company calls a “strategic acquihire” of the API integration platform Reshuffle. The startup’s commercial technology, which allows developers to build workflows and connect systems using any API, will be wound down as a result of Twitter’s deal. However, Reshuffle’s entire team of seven, including co-founders Amir Shevat and Avner
Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services. Today, Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. Founded by Tomilola Adejana and Fredrick Adams in
Cities are major contributors to climate change. According to UN Habitat, cities consume 78 per cent of the world’s energy and produce more than 60 per cent of greenhouse gas emissions. … The sheer density of people relying on fossil fuels makes urban populations highly vulnerable to the effects of climate change. The City of Tracy, California with the help
President Joe Biden has committed to reviving the American economy using green energy. Says former New York State governor David Paterson, “Space solar power is exactly what President Biden is looking for. Space solar power is the green new deal.” Explains Howard Bloom, founder and chair of the Space Development Steering Committee. “Joe Biden can end the
Howard Bloom will be speaking for The Stoa “Sensemaker In Residence” series on March 1st, 8th, and 15th at 6:00 PM ET. The Topic of discussion will be “Everything You know About Nature Is Wrong: The Case of the Blooming Cosmos.” Bloom has been called the Einstein, Newton, Darwin and Freud of the 21st century by
Howard Bloom, founder and chair of the Space Development Steering Committee, urges Democrats and Republicans to realize that there is a solution to man-made climate change. It’s called space solar power. Harvesting solar power in space and transmitting it to earth using harmless electromagnetic waves like the ones your phone uses, that’s space solar power. We’ve been
“The Grand Unified Theory Of Howard Bloom” feature-length documentary film (https://www.bricartsmedia.org/tv-shows-videos/grand-unified-theory-howard-bloom) has been accepted by its first international film festival—the Not Film Fest in Italy. in late August. The film will enter general release in the United States July 21st. The Grand Unified Theory of Howard Bloom has won best picture at the Design Science
Nights After NAMM is an annual, star-studded, after hours event that takes place in the evening after Day One of the National Association of Music Merchants (NAMM), the world’s largest music industry conference. This year’s headliner is Think:EXP’s performance of Dark Side of the NAMM, an exploration of the music of Pink Floyd and all-star jam
MeWe, the subscription-based social network that emphasizes privacy and bills itself as the anti-Facebook, is launching a premium tier of its service and spinning up a business-focused product to take on enterprise networking and communication tools like Slack. Founded by Mark Weinstein, a gregarious serial entrepreneur who credits himself with being an early developer of
In September 2019, President Emmanuel Macron was about to wrap up a speech on late-stage investment in France. According to a press briefing and some discussions with a source, everything that he was supposed to announce had been announced. But he dropped an unexpected number. “I’ll leave you with a goal: there should be 25
Coral is a company that wants to “simplify the personal care space through smart automation,” and they’ve raised $4.3 million to get it done. Their first goal? An at-home, fully automated machine for painting your nails. Stick a finger in, press down, wait a few seconds and you’ve got a fully painted and dried nail.
A year from now, this is likely to have all blown over. A year from now, the Samsung Galaxy Fold’s turbulent takeoff may well be a footnote in the largest story of foldables. For now, however, it’s an important caveat that will come up in every conversation about the nascent product category. How history remembers
For those following Huawei’s substantial rise over the past several years, it’ll come as no surprise that the Chinese government played an important role in fostering the hardware maker. Even so, the actual numbers behind the ascent are still a bit jaw dropping. Huawei reportedly had “access to as much as $75 billion in state
The second season of the Penn Badgley romantic murder drama “You” launches on Netflix today — and along with it, a new project called Cosmopolitan Watch Party. You can hit play on the Watch Party website at the same time as you hit play on each episode, kicking off an experience that runs alongside the show.
DJI is easily the leading brand when it comes to camera drones, but few companies have even attempted a ground-based mobile camera platform. The company may be moving in that direction, though, if this patent for a small off-road vehicle with a stabilized camera is any indication. The Chinese patent, first noted by DroneDJ, shows
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Facebook acquires Madrid-based cloud gaming startup PlayGiga Facebook is building out its gaming business — earlier this year, the company added
Extra Crunch community perks have a new offer from voice meeting notes service, Otter.ai. Starting today, annual and two-year Extra Crunch members can receive 25% off an annual plan for Otter Premium or Otter for Teams. Otter.ai is an AI-powered assistant that generates rich notes from meetings, interviews, lectures and other voice conversations. You can
Curve, the so-called “over-the-top” banking platform that lets you consolidate all of your bank cards into a single Curve card and app, is launching new feature to make it possible to send money to friends and contacts. Dubbed “Curve Send,” the feature lets you send money from any of your bank accounts (via the debit
3D printing has proven itself useful in so many industries that it’s no longer necessary to show off, but some people just can’t help themselves. Case in point: this millimeter-tall rendition of Michaelangelo’s famous “David” printed with copper using a newly developed technique. The aptly named “Tiny David” was created by Exaddon, a spin-off company
The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Uber founder Travis Kalanick is leaving the company’s board of directors Uber founder and former CEO Travis Kalanick will officially resign
Modern agriculture involves fields of mind-boggling size, and spraying them efficiently is a serious operational challenge. Pyka is taking on the largely human-powered spray business with an autonomous winged craft and, crucially, regulatory approval. Just as we’ve seen with DroneSeed, this type of flying is risky for pilots, who must fly very close to the
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today, something short. Continuing our loose collection of look backs of the past year, it’s worth remembering two related facts. First, that this time last year SaaS stocks were getting beat up. And, second, that
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