Egypt’s SideUp raises $1.2M to grow its e-commerce support platform • Startups
After four years operating primarily as a logistics marketplace, Egypt’s Voo has rebranded to SideUp and transformed its strategy to offer a complete spectrum of e-commerce support services, including payment gateways, API integration for shipping, warehousing,...
AWS faces cost-sensitive customers at Reinvent as economic fears mount
Amazon Web Services has been the biggest growth engine for its parent company over much of the past decade, taking business from some of the largest tech vendors in the world.But as corporations face the most daunting economic environment since the 2008...
Looks like sex tech startup Lora DiCarlo is done for • Startups
Lora DiCarlo, a sex tech startup that made headlines in 2019 after being blacklisted from the Consumer Electronics Show, seems to have shut down. The company’s website is offline and reportedly orders have gone unfulfilled for months. TechCrunch has reached out...
After Temasek acquisition, BasisAI loses tech staff
Singapore-based AI startup BasisAI, which was acquired by Temasek unit Aicadium, has seen most of its tech employees walk out the door. Source link
Indian agritech DeHaat tops $700 million valuation in $60 million funding • Startups
DeHaat, a startup that offers a wide-range of agricultural services to farmers in India, has raised $60 million in a new funding round as it looks to deepen its penetration in the country and reach break-even profitability within two years. Sofina Ventures and...
One Minute: Why Brazil?
Felipe Matos, president of the Brazilian Startup Association, shares why businesses should consider expanding to the country. Source link
Tech execs rejoice as San Francisco opens female-only club
Executive women platform Chief opened a new clubhouse in San Francisco this week.ChiefIn a bustling building in New York's Flatiron district, two executive women who work at separate companies discuss marketing strategies for their respective businesses. Next...
TipTip uses a hyperlocal strategy to help Southeast Asian creators monetize • Startups
There are a lot of talented people, like chefs and musicians, in Southeast Asia who can earn money through their work online, says TipTip founder Albert Lucius. But many of them don’t have the social media clout to attract advertisers. TipTip wants to help them...
Efficient growth? No problem, bootstrapped startups say • Startups
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. Investors these days want to see not only growth, but also a...
How the industry lost $7.4 trillion in one year
Pedestrians walk past the NASDAQ MarketSite in New York's Times Square.Eric Thayer | ReutersIt seems like an eternity ago, but it's just been a year.At this time in 2021, the Nasdaq Composite had just peaked, doubling since the early days of the pandemic....
When a startup’s founders are pretty much its board • Venture Capital
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the...
Why Silicon Valley is so hot on nuclear energy
The Vogtle nuclear power plant is located in Burke County, near Waynesboro, Georgia in USA. Each of the two existing units have a Westinghouse pressurized water reactor (PWR), with a General Electric turbine and electric generator, producing approximately 2,400...
ChatGPT’s user experience and implementation ‘should have Google scared’ • 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. Heeeey! Today has been a fun, rich, and varied day of news on your favorite tech news site. Haje got the unfortunate news that...
This secondary markets expert says we haven’t hit bottom yet • Venture Capital
Earlier today, we talked with Phil Haslett, the cofounder and now chief strategy officer of EquityZen, a 10-year-old, New York-based secondary marketplace that connects accredited buyers with privately held company shares that their owners — including founders,...
Music fans revisit their year in music with Spotify Wrapped 2022 • 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. Heeeeeey! Couple of fun things we have in the pipeline at the moment… Did you know we’re looking for you and your expertise for...
A closer look at how East Ventures is driving ESG impact in Southeast Asia
The VC has developed formal processes and toolkits to support ESG efforts across its ecosystem. Source link
Seedstars Capital launches to support new fund managers around the world • Venture Capital
The venture market is in the middle of a downturn, but there are still plenty of emerging fund managers. Seedstars International Ventures, the investment firm that backs high-growth startups around the world, announced today it has launched a platform called...
A new wave of Solo GP VCs is coming to Europe and Hypernova hopes to power it • Venture Capital
The US has had solo VC fund managers for many years but the trend is only just starting to catch on in Europe. One of the newest is Underline Ventures, started this year by Bogdan Iordache in Romania. His career trajectory towards being a Solo GP fits the...
Has the FTX mess iced venture interest in crypto? • Venture Capital
It hasn’t been a kind year for blockchain-based startup activity. In addition to an asset-price correction during a general venture capital slowdown, web3-focused tech upstarts have also had to deal with a series of intra-industry crises that have, at times,...
Juro’s $23M deck • Venture Capital
Back in January, Natasha covered Juro’s Series B round, which added $23 million to its coffers. Juro aims to put an end to contract negotiation madness, moving the workflows out of Microsoft Word and a handful of other sub-par tools to an all-in-one, web-based...
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...