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
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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
Social media influencers have been known to promote events around the world for the right price — decisions that sometimes prove to be mistakes. Bella Hadid, who’d promoted the failed Fyre Festival with a gaggle of other models who’d vacationed in the Bahamas for a video designed to help sell tickets, later apologized for her
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week Kate was in SF, Alex was in Providence, and there was a mountain of news to shovel through. If you’re here because we mentioned linking to a certain story in the show notes, that’s here. For
Eddy Travels, an AI-powered travel assistant bot which can understand text and voice messages, has closed a pre-seed round of around $500,000 led by Techstars Toronto, Practica Capital and Open Circle Capital VC funds from Lithuania, with angel investors from the US, Canada, UK. Launched a year ago in November 2018, Eddy Travels claims to
The CDC has issued a set of reports showing that the lung disease associated with vaping seems to be declining from peak rates, and that Vitamin E acetate seems — as speculated early on — to be the prime suspect for the epidemic. The affliction has cost at least 54 lives and affected 2,506 people
Facebook doesn’t want its hardware like Oculus and Portal to be at the mercy of Google because they rely on its Android operating system. That’s why Facebook has tasked a co-author of Microsoft’s Windows NT named Mark Lucovsky with building the social network an operating system from scratch, according the The Information’s Alex Heath. “We
Artificial intelligence is a powerful tool, but it’s not a magic wand. Applying the technology requires thought and dedication, especially with legacy industries like law and insurance, which are being taken on in this way by Luminance and Omnius respectively. The companies’ founders, Emily Foges and Sofie Quidenus-Wahlforss, spoke with great insight on this on
Now that the final technology IPOs of 2019 have touched down, it’s a good time to start looking back at what happened during the year. We’re hunting for trends as the clock winds down. Here’s one that’s obvious: Hardware startups are still struggling. It’s cliché to note in startupland that hardware is hard. Everyone knows
TikTok may be the fastest-growing social network in the history of the internet, but it is also quickly becoming the fastest-growing security threat and thorn in the side of U.S. China hawks. The latest, according to a notice published by the U.S. Navy this past week and reported on by Reuters and the South China
A little over a year after sparking a legal firestorm for musing that he would take Tesla private for $420, Elon Musk is likely glad he didn’t. Tesla’s stock just hit a record high yesterday, brushing close to $400 per share and putting the company within striking distance of that $420 figure that cost Musk
F5 got an expensive holiday present today, snagging startup Shape Security for approximately $1 billion. What the networking company gets with a shiny red ribbon is a security product that helps stop automated attacks like credential stuffing. In an article earlier this year, Shape CTO Shuman Ghosemajumder explained what the company does: “We’re an enterprise-focused
France’s competition watchdog has slapped Google with a €150 million (~$166M) fine after finding the tech giant abused its dominant position in the online search advertising market. In a decision announced today — following a lengthy investigation into the online ad sector — the competition authority sanctions Google for adopting what it describes as “opaque
Even when Apple telegraphs its hardware strategy, it’s proving to be nearly impossible for startups to beat them. The company’s executives have been motioning interest in following their runaway success on mobile with hefty investments in augmented reality, something that has led to the rise of dozens of venture-backed startups hoping to beat Apple to
Somehow during all the partisan furor of the last few days, the Senate found a moment to vote some bipartisan legislation into law — presuming of course it survives the President’s desk. The TRACED act pushes carriers to kill robocalls before they ring, and gives the FCC some extra juice to pursue the wicked ones
A company building a very high-tech glove has just gotten its hands on some new money. HaptX is building a sensor-packed glove for VR and robotics applications that simulates haptic and resistance feedback for enterprise users. The Seattle startup has raised $12 million in new funding from Mason Avenue Investments, Taylor Frigon Capital Partners, Upheaval
“We were in the back washing blenders so they could keep taking Snackpass orders” recalls co-founder and CEO Kevin Tan. The team from order-ahead food startup Snackpass was willing to get their hands dirty to keep up with demand at one of their first restaurant partners, Tropical Smoothie Cafe on the Yale college campus. Why were
Spotify is prototyping a new way to see what friends have been listening to, called “Tastebuds”. Despite how discovering music is inherently social, Spotify has no features for directly interacting with friends within its mobile app after axing its own inbox in 2017 and keeping its Friend Activity ticker restricted to desktop. It seemed like
Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar-powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Launched in 2016, the startup has shifted its operating strategy. “We’ve pivoted away
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