The former Head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech Live event this afternoon. The exec was there to discuss her new role as Instacart CEO and her vision for the future of food delivery,
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One of the gating factors for getting more homeowners to make the switch to solar energy has been that solar, as a business, is hard one to get right, with many a company failing when they’ve been unable to strike the right balance between the technology working as it should, provisioning services in a cost-effective
It’s hard to build a publishing empire, and it’s just as easy to lose one. Newspaper magnates were mostly replaced by broadcast moguls, first radio and then TV and cable, and now of course, they are all fighting against the social media tycoons and streaming impresarios who want to capture our attention. Each generation of
According to an SEC Form D filing, Sisu Game Ventures, a Pre-Seed and Seed fund which invests in gaming startups has raised a $50m first close of its new fund. However, the company declined to comment. Paul Braigel of Sisu, which launched in 2014, did however comment that the firm had made several investments over
The ocean economy is growing in importance, and with it grows the need to map, understand, and track the ocean itself. Saildrone has been doing just that with its fleet of autonomous science vessels, and the company has now raised a massive $100M round C to pursue its ro-boat aspirations further. Saildrone’s boats have been
Uber is testing Pool Chance, a feature that lets riders heading in the same direction share the cost of the journey, in Kenya, with plans to roll out the low-cost service to Ghana and Nigeria. TechCrunch discovered the option when booking a car in Nairobi, Kenya. An Uber spokesperson later confirmed it was part of
There may be plenty of funding for some startups these days. But plenty of companies will tell you otherwise. VC Lab, an accelerator for venture capital firms, wants to create investors who will back the rest of the world. A basic hurdle to this goal is the standard paperwork you need to set up a
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Or, as in today’s episode, talk our way through some big breaking news from the technology world so that we can better understand just what is going on. Danny and Alex got together late Friday on a
Clubhouse added a new “music mode” this week, doubling down its commitment to centering social audio in all its permutations. The new music mode will give musicians who play live on the social network their own special set of tools to optimize sound quality and will hit iOS first before rolling out to Android. Clubhouse
Arvind Gupta Contributor Arvind co-leads Mayfield’s engineering biology practice and is founder and venture advisor at IndieBio. He was the first investor in breakout bio companies such as Geltor, Synthex, Prime Roots, NotCo, Prellis, New Culture, DNA Lite and Memphis Meats. Climate in the last decade has been unprecedented in many ways, none of them
Security cameras, for better or for worse, are part and parcel of how many businesses monitor spaces in the workplace for security or operational reasons. Now, a startup is coming out of stealth with funding for tech designed to make the video produced by those cameras more useful. Spot AI has built a software platform
A new research paper written by a team of academics and computer scientists from Spain and Austria has demonstrated that it’s possible to use Facebook’s targeting tools to deliver an ad exclusively to a single individual if you know enough about the interests Facebook’s platform assigns them. The paper — entitled “Unique on Facebook: Formulation
The new version of Nintendo’s hit Switch console is just different enough to justify itself, but hardly a must-buy for any of the millions who bought the launch version. With a bigger, brighter, and better screen, it’s a good choice for someone buying now who intends to use it mostly as a handheld — but
Canalys reported this morning that global smartphone sales are off 6% this quarter, and it’s not because of lack of demand. It’s due to the worldwide chip shortage. The pandemic has had a negative impact across supply chains, and chips have been particularly hard hit. Canalys principal analyst Ben Stanton says that manufacturers are trying to
Hello and welcome back to Equity, TechCrunch’s venture capital focused podcast where we unpack the numbers behind the headlines. This week was one of our strongest shows yet, with a wide diversity of news items that were genuinely fun (and complicated) to chew through. And even though we started off kind of grumpy, we laughed
Andy Stinnes Contributor Andy Stinnes, general partner at Cloud Apps Capital Partners, leads early-stage investments in cloud businesses and serves as active board member and adviser, offering operational support for portfolio companies based on his 20+ years in executive roles in business software. More posts by this contributor Seed is not the new Series A
A self-described “endless arcade,” Core feels like a 90s cyberpunk fever dream come to life. Half playable game library, half no-code game creator, all neon lights, the new platform is a surprisingly well-realized vision of this metaverse thing everyone sure seems to be talking about lately. Billing itself as your “portal to the multiverse,” Core
Buckle up, it’s going to be a wild ride. The pace of change over the last few decades is only set to accelerate in the coming years, as improvements in biology, medicine, spacecraft, manufacturing, software and more continue to transform the very foundations of society, economics and politics. We cover these innovations pretty much daily
On the heels of Personio raising a big round yesterday, one of its competitors and another big startup in the area of HR has also picked up some fundning. Hibob, a London-based company that targets the mid-market with an all-in-one platform that handles various human resources functions, closed a Series C of $150 million. The
Facebook’s lead data protection regulator in the European Union is inching toward making its first decision on a complaint against Facebook itself. And it looks like it’s a doozy. Privacy campaign not-for-profit noyb today published a draft decision by the Irish Data Protection Commission (DPC) on a complaint made under the EU’s General Data Protection
E-bike manufacturer VanMoof recently raised a $128 million funding round. And the company is already using some of that cash to develop a brand new product — the VanMoof V. This is a new product in the VanMoof lineup, a high-speed bike. The VanMoof V isn’t available just yet. Instead, the company teased the new
Fintech startup Atomic announced this morning that it has closed a $22 million Series A. Core Innovation Capital led the round, which saw participation from preceding investors. The company has raised just under $39 million to date. The company’s API-delivered product, which focuses on payroll data, helps power a number of fintech startups that we
Vertical farms usually look up. Aerofarms, Plenty, Gotham Greens — these companies are trying to revolutionize agriculture by looking toward the sky, with tall warehouses full of growing equipment extending upward. But Philippe Labrie is looking down. Labrie is the CEO and founder of the pre-seed startup GreenForges, an underground farming company founded in 2019
Writer, entrepreneur, and filmmaker, Brendon McNerney is the co-mastermind and CEO of Clash, a very forward-thinking and creator-friendly next-generation short-form video platform. It’s meant for creators to better connect with their most dedicated fanbase. Alongside his co-founders, P.J. Leimgruber, Jean-Baptiste Dominguez, Eric Dvorsak, and their team, the highly anticipated app made its debut today. Brendon launched
Paris-based cryptocurrency broker SheeldMarket has raised a $10 million Series A funding round led by Atomico. As a EU-registered broker, the company wants to help institutional investors buy and sell crypto assets in a regulated way. Most cryptocurrency products designed for institutional investors focus on American or Asian investors. SheeldMarket thinks it can convince institutional
South Africa’s telecommunication provider Telkom SA SOC Ltd has since October discontinued Netflix Inc. from its phone and internet set-top box, said a Bloomberg report. Telkom’s Content Executive Wanda Mkhize said in a statement that the partnership between the two firms would not be renewed and declined to provide further details, Bloomberg reported. We have
We’re just weeks away from COP26, the big environmental policy confab where scores of world leaders will descend on Scotland and determine the future of the planet, answering the question, “Should we all die or live?” That’s meant a whole truckload of new books on the subject, as well as renewed attention to older works
Guestio closed on $1.5 million in seed funding for its platform that simplifies the booking process for podcasts. Founder and CEO Travis Chappell said users can go on the platform and book guests for their shows at the click of a button in all kinds of topics and with shows big or small. Chappell is
Just days after Voodoo acquired Beach Bum, another French mobile gaming company has news to share. Homa Games is raising a $50 million Series A round led by Northzone. The company partners with indie game studios and acts as a publisher. Other investors in today’s funding round include Singular, King, the founders of FuboTV and
Natasha and Mary Ann and Alex were all aboard this week with Grace on the dials, which meant that we had a flat lovely time recording Equity for you. Of course, Equity is TechCrunch’s venture capital focused podcast where we dig into the most critical funding rounds, and natter about the key news items impacting startups. Before we hop into
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