Delivery Hero leads $1 billion investment in grocery start-up Gorillas
A courier for German grocery delivery start-up Gorillas, on his way to deliver an order in Berlin on July 8, 2021.Tobias Schwarz | AFP via Getty ImagesLONDON — German food delivery firm Delivery Hero has invested $235 million in Gorillas, an online grocery...
Amazon’s Zoox is expanding autonomous vehicle operations, testing to Seattle – Startups
Zoox, the autonomous vehicle startup acquired last year by Amazon, is expanding to Seattle. The company plans to open in 2022 an engineering office and operations facility, which will act as a base for its autonomous vehicle testing, Zoox, which today employs...
How AI is helping to make breast cancer history – Startups
Thomas Clozel Contributor Thomas Clozel, M.D., is co-founder and CEO of Owkin, former assistant professor of clinical onco-hematology at Hôpital Henri-Mondor in Paris, and former member of the Melnick Lab at Weill Cornell Medicine in New York. Every October for...
Startup lessons from Squid Game
Also: CarDekho, Hibob, Leadrive, and more startups raised funding this week. Source link
Founded by ex-Braintree and PayPal execs, Pagos raises $10M to offer API-driven payment intelligence – Startups
Pagos, a payment intelligence infrastructure startup founded by former Braintree and PayPal execs, has raised $10 million in seed funding. Started earlier this year, the remote-first Pagos is building a data “platform” and API-driven micro-services that it says...
SoftBank-backed travel tech startup Yanolja acquires Korean e-commerce company Interpark – Startups
South Korean travel tech startup Yanolja has acquired a 70% stake in a listed South Korean e-commerce pioneer, Interpark, for about $250 million. The company plans to use the acquisition to make further inroads into the overseas tourism industry. Interpark...
Weights & Biases raises $135M Series C to keep building MLOps software – Startups
Update: The round in question was $135 million, not $100 million as originally noted. I apologize for the mistake! What do you call AI these days? ML in a suit. ML, or machine learning, is a big market today. That is thanks to modern corporations accreting data...
EngFlow raises $3.7M seed to speed up compiling of large code projects – Startups
Over the years, applications have gotten bigger and bigger. Even a small company could be dealing with large libraries of open source code, making it time-consuming to pull the various pieces of a project together, package them up and compile them into a single...
Indonesian conglomerate’s investment arm joins healthtech startup’s seed round
One of KlinikGo’s backers is the investment unit of a group established by a co-founder of Salim Group. Source link
There’s always a startup angle (even with ‘Squid Game’) – Startups
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. This week on Equity, we chatted about why the metaverse is inevitably coming for “Squid Game.” More specifically, we explored...
Chinese EV maker Xpeng’s flying car company raises over $500 million
Less than half a year since revealing a flying vehicle prototype, Chinese electric car start-up Xpeng unveiled a second model at the Shanghai auto show in April 2021.Evelyn Cheng | CNBCGUANGZHOU, China — HT Aero, the flying car company backed by Chinese...
Dance Church raises $4.7M to get your bootie back on the (virtual) dance floor – Venture Capital
Our DJ, who art in heaven, hallowed be thy name. Thy dancefloor come, thy steps be done, on earth, as it is at Dance Church. The 11-year-old startup, which started back in 2010 as an in-person experience, has seen tremendous growth, especially as people were...
Coinbase, Clubhouse and the inevitable conflict of competition – Venture Capital
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. This week, cryptocurrency exchange platform Coinbase announced that it is launching its own NFT platform to take on OpenSea,...
LinkedOut – Venture Capital
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...
Coinbase says U.S. should create a new cryptocurrency regulator
Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City.Steven Ferdman | Getty ImagesThe U.S. should create a new regulator to oversee digital asset markets, Coinbase said in a new policy proposal...
Writing helper Copy.ai closes on its second funding round this year – Venture Capital
On the one-year anniversary of Copy.ai’s launch on Twitter, the company, a GPT-3 AI-powered platform that generates copywriting tools for business customers, secured another round of funding. This time, the company brought in an $11 million Series A round, led...
VC firm Antler raises $300m, to invest in up to series C round
Former SoftBank vice president Teddy Himler has also joined the firm as a partner. Source link
Chip machine maker ASML will grow into a $500 billion business
Employees assemble a ASML NXT1970Ci photolithography machine at the ASML Holding NV factory in Veldhoven, Netherlands.Jasper Juinen | Bloomberg | Getty ImagesLONDON – ASML, a Dutch firm that makes high-tech machines used in semiconductor manufacturing, will see...
FrankieOne nabs $16M to provide fintechs with ID and fraud management as a service – Venture Capital
Fraud continues to be a major issue in the world of digital transactions, a situation that research shows was only compounded in the last 20 months of online activity growing as a result of Covid-19. Today, a Melboune startup called FrankieOne that has built an...
Counting down to our AI rapture – Venture Capital
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by what the weekday Exchange column digs into, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Happy Saturday,...
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...