Familiar faces at Tech in Asia Conference
Jiangsu Horizon New Energy Technology, Zopper, Bitsensing, and more startups raised funding this week. Source link
London-based spatial computing startup Hadean closes $30 million Series A • Startups
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Friday, and that means… Actually, we don’t even really know what that means anymore, other than that we’re going to sit in...
Rad Power Bikes and Cycle pilot consumer e-bike subscriptions • Startups
Rad Power Bikes, a popular American e-bike brand that has raised over $300 million in the past two years, will start offering bikes as a subscription service next week. The company is partnering with Cycle, a Berlin-based e-bike subscription service that caters...
It’s a fabulous time to build strong businesses, Sequoia India director says
The funding downturn is a blessing for startups that intend to build strong businesses, Shailendra Singh said at the Tech in Asia Conference 2022. Source link
Announcing the agenda for Startups Sessions: Crypto 2022 • Startups
The crypto industry seemed to age several decades over the past bull run, maturing in some places while barreling ahead in ambitious new pursuits, including DeFi, NFTs and web3. And while scams continued to proliferate and hacker heists became a weekly...
Meta alumni’s startup TrueFoundry raises $2.3 million to accelerate ML deployments • Startups
A group of former Meta engineers is building a platform to help enterprises deploy machine learning models at the speed of big tech companies. Their startup, TrueFoundry, has raised $2.3 million in a funding round. The San Francisco, California-headquartered...
YC’s Michael Seibel clarifies some misconceptions about the accelerator • Startups
Michael Seibel is synonymous with Y Combinator’s growth over the past decade. He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after...
Animoca Brands’ latest funding tops this week’s charts
Fazz Financial, Andpad, Yulu, and more startups also raised funding this week. Source link
Is this idea big enough? • Startups
One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management — including a $150 million fund that it quietly closed in January...
Figma investors score historic coup with Adobe deal in down year
Adobe is paying 2021 prices. It's 2022.Wall Street hates it. Silicon Valley is thrilled.In a year that's featured exactly zero high-profile tech IPOs and far more headlines about mass layoffs than big funding rounds, Adobe's $20 billion acquisition of Figma on...
GTA 6 footage leaks, Revolut gets hacked, and Wipro fires 300 for “moonlighting” • Venture Capital
Hi, friends! Welcome back to Week in Review, the newsletter where we very quickly sum up the most read TechCrunch stories from the past week. Want it in your inbox every Saturday morning? Get it here. most read GTA 6 footage leaks: Roughly 90 clips of the next...
Mighty Capital’s thesis is that the best product wins — even more so in a downturn • Venture Capital
'No amount of salespeople or engineers can save you in the long run if your customers don’t love your product' When founders are laying off staff and cutting costs to face the downturn, it may seem like odd timing to tell startups to take their product as...
On Deck tried to do it all. Now, it’s trying to do less, better • Venture Capital
Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global,...
Moonlighters eclipsed — Wipro lets go of 300 employees who were working for its rivals • Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Due to excessively poor judgment, today’s Christine and Haje show is brought to you by Haje and Christine. Meanwhile, mark your...
Revolut advises users to take caution after hacker breach triggers phishing campaign • Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey there, you deep-fried morsels of delight. Deep fried, because that’s the thing that made you crunchy. No? Because this is...
Sequence orders up $19M led by a16z for a new approach to B2B fintech • Venture Capital
When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. But at the same time, there’s been a growing trend for building more for the...
How billionaire Bankman-Fried survived the slump and still expanded
FTX CEO Sam Bankman-Fried has been shopping for bargains amid the industry's recent carnage and said he still has cash to spend if opportunity knocks.It may seem strange. Other multibillion-dollar crypto giants spiraled into bankruptcy this year. FTX's main...
Here’s what’s in Biden framework to regulate crypto
U.S. President Joe Biden walks from Marine One to the White House following a trip from Michigan, in Washington, U.S., September 14, 2022. Tom Brenner | ReutersThe Biden White House has just released its first-ever framework on what crypto regulation in the...
Deep tech VC First Star plots a $40M third fund • Venture Capital
First Star, backer of deep tech startups like Plus One and Fyto, aims to raise as much as $40 million for its third venture fund, TechCrunch has learned. Based in Cambridge, Massachusetts, First Star typically backs robotics, blockchain, AI and machine...
How Tumblr went from $1 billion Yahoo payday to $3 million fire sale
In this weekly series, CNBC takes a look at companies that made the inaugural Disruptor 50 list, 10 years later.Tumblr — the short form, multi-media blogging platform, that in many ways defined the online sensibilities of a coming-of-age generation — turned 15...
Entrepreneurs Programme Attracts Robust Startups price US$50m
NEXEA Angels Sdn Bhd (NEXEA), a Malaysia-based start-up investment company launched the Entrepreneurs Programme on 19th May 2020, in collaboration with the Malaysia Digital Economy Corporation (MDEC). It aims to bring together exclusive private groups of CEOs of local...
India’s Zomato to chop 13% of workers
The meals supply startup's CEO and founder Deepinder Goyal additionally proposed a short lived pay minimize for all the firm. Source link
Luxurious consignment retailer The RealReal lays off 10% of workforce, furloughs 15% – TechCrunch
On-line consignment firm The RealReal is the newest tech firm to put off and furlough staff amid the COVID-19 pandemic. Within the firm’s quarterly earnings report immediately, The RealReal introduced layoffs affecting 10% of its workforce and furloughs...
Ooni’s Koda 16 pizza oven is the uncommon kitchen gadget that delivers on its promise – TechCrunch
Ooni (nee Uuni), has been round for a couple of years now, however its newest oven, the Koda 16, launched in March. Identical to everybody else, I’ve been cooped up at dwelling for weeks with nothing however the entire tasks I'd get round to at some point. On...
Payments company 2C2P launches VC arm
The new entity, called 2C2P.VC, will focus on fintech opportunities across Southeast Asia. Source link
(Up to date) 2C2P units up VC arm to make strategic funding in funds corporations in Southeast Asia
(This text has been up to date with new particulars from 2C2P) Singapore- and Bangkok-headquartered funds processing firm 2C2P has established a VC arm to make strategic investments in funds and associated sectors. With the launch of 2C2P.VC, the fintech firm...