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SparkLabs launches $50M fund for promising early-stage startups in Korea
SparkLabs Group started in 2012 with a Seoul-based accelerator dedicated to boosting South Korea’s then-nascent startup ecosystem. Now it’s going back to its roots with the launch of a $50 million fund for early-stage Korean startups that want to expand globally. Read More
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Cubic Telecom gets $46.5M to connect cars and other devices globally
As automakers ramp up their connected car initiatives, a company that has built a solution to link vehicles up to mobile networks globally has raised a significant round of funding from a group of investors that includes Audi and Qualcomm. Cubic Telecom, a startup out of Dublin, Ireland, that has built a virtual networking solution that lets cars (and other devices) automatically connect… Read More
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Social Capital to help startups go public without an IPO
Silicon Valley venture firm Social Capital plans to help startups go public without the dreaded IPO process. And it’s something different than what Spotify is doing. Social Capital is creating a shell company known as a “SPAC” that exists solely to merge with a startup. These types of transactions are not rare outside of the venture world but have little precedent with… Read More
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Google expands its public Wi-Fi program for emerging markets to Indonesia
Google is launching its public Wi-Fi program, which offers free connectivity at railway stations and other locations such as universities, in Indonesia, the company announced today. The Indonesia launch is the first expansion of ‘Google Station’ — as the program is called — since it debuted in India some 18 months ago. The project is quite simple, it offers a free way… Read More
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Flytrex launches an autonomous on-demand drone delivery service in Iceland’s capital
Flytrex wants to prove that drones are a realistic option for on-demand logistics with a new delivery program that took off in Iceland’s capital today. While other companies, including Amazon, have tested drone deliveries, Flytrex says this is the first time a fully operational on-demand drone delivery service has launched in an urban area. Drones will take orders from online… Read More
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Crunch Report | Galaxy Note 8 Makes Its Return
We get a look at SpaceX’s Spacesuit, Galaxy Note 8 makes its return, a recap of YC Demo Day 2 and Apple’s latest iPhone could come on September 12th. All this on Crunch Report. Read More
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Facebook’s Andrew Bosworth is taking over the company’s consumer hardware efforts
Veteran Facebook exec Andrew “Boz” Bosworth is taking over consumer hardware efforts at the company, including projects under groups like Building 8 and Oculus. The announcement was made internally by Facebook CTO Mike Schroepfer, Business Insider reports. A Facebook spokesperson confirmed the appointment to TechCrunch. Bosworth, who joined Facebook in January of 2006, has… Read More
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Susan Fowler’s lawyers just told the Supreme Court why tech cos should eliminate arbitration agreements
Susan Fowler, the former Uber engineer whose blog post about the company’s troubling internal workings eventually led to the ouster of its CEO Travis Kalanick, has a new message for the Supreme Court: get rid of arbitration agreements. In a development first reported on by The Recorder, Fowler’s legal team at the San Francisco-based firm Baker Curtis & Schwartz has filed an… Read More
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This algorithm cleverly recreates 3D objects from tiny 2D images
With a lifetime of observing the world informing our perceptions, we’re all pretty good at inferring the overall shape of something we only see from the side, or for a brief moment. Computers, however, are just plain bad at it. Fortunately, a clever shortcut created by a Berkeley AI researcher may seriously improve their performance. Read More
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Crunch Network
Three things that every startup should consider before the fundraising tide goes out
Now is the time for startups to engage in strategic planning so that future liquidity needs will be met. This article discusses market trends and how debt financing and other protective measures can engineer optionality that can help a startup not only survive, but potentially thrive during a period of financial distress. Read More
Latest TC Videos
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In iOS 11, Safari will strip out Google AMP links for shared stories
Anyone haunted by annoying link cruft will be relieved to hear that iOS 11 will transform Google AMP links back into their original forms when sharing a story from Safari. MacStories editor Federico Viticci first spotted the change, which appears to be live in the new iOS 11 beta 7. Very nice: when sharing AMP pages to iMessage or Reading List, iOS 11 Safari automatically removes… Read More
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Judge sides with YouTubers Ethan and Hila Klein in copyright lawsuit
Ethan and Hila Klein, the husband-and-wife team behind the popular H3H3 YouTube channel, appear to have won their legal battle against Matt Hosseinzadeh, a.k.a. Matt Hoss. A New York judge today issued a summary judgement in favor of the Kleins. Read More
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Billionaires and big ag are joining venture investors to fund lab-grown meat
The future of food is going to get weird. Read More
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Uber’s financials show company is still growing, despite the drama
Uber’s past six months have been tumultuous, with lawsuits and allegations of harassment. The company doesn’t even have a CEO right now, but newly released financials suggest that most users don’t care. First reported by Axios, Uber has confirmed to us that Uber’s $8.7 billion in gross bookings were up 17 percent in the second quarter. Global trips increased 150… Read More
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Ojo wants to be the electric scooter for commuters, but it’s not there yet
Commuting in a busy city like San Francisco can be annoying — between all the cars, bikes, Boosted Boards and other electric gizmos zipping and weaving through lanes. The Ojo Electric scooter, while it might help with your personal traffic woes, won’t do much to help reduce the overall annoyance commuters experience. Read More
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Crunch Network
Does it really matter how much your startup raises?
“How much money does it take to get a startup off the ground?” Entrepreneurs and venture capitalists are faced with this question all the time, and the only right answer — it depends — is also the least satisfying. For any particular startup to succeed, it might take a lot of outside funding or very little. It’s contingent on the business a team is trying to build. Read More
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FTC greenlights Amazon and Whole Foods deal
The U.S. Federal Trade Commission is allowing Amazon to move forward in the process of purchasing Whole Foods. The $13.7 billion acquisition, which was announced in June, combines the e-commerce behemoth with a major grocery chain. The FTC has since been investigating whether the tie-up would decrease competition, ultimately deciding it needn’t pursue the matter further. Read More
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Former CIA agent hopes to buy Twitter to kick Trump off
Remember Valerie Plame Wilson? The former CIA agent, who got involved in what became known as the “Plame Affair,” has a solution for ridding Twitter of America’s favorite troll. Wilson launched a fundraiser last week to buy the social media service. Read More
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Amazon opens its grocery delivery service to Amazon Business customers
Amazon Business, the retailer’s free program for business customers offering fast shipping, discounts and purchase approvals, is now expanding to include grocery delivery from AmazonFresh. That means businesses can stock their employee break rooms with fresh goods, like produce, plus groceries and other items from local stores. Read More
Recent Funding Data by
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University of Houston
- $3.3M
- HQ: Houston, Texas
- Categories: education
- Investors: Not available
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Skytap
- $45M
- HQ: Seattle, Washington
- Categories: cloud computing, saas, enterprise software
- Investors: Not available
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MGT Capital Investments
- $2.4M
- HQ: Harrison, New York
- Categories: finance, graphic design, fintech, information technology
- Investors: Not available
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Ezetap
- $16M
- HQ: Bangalore, Karnataka
- Categories: point of sale, mobile, payments, software
- Investors: Not available
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Bridg
- $11M
- HQ: Los Angeles, California
- Categories: enterprise software, predictive analytics, marketing automation, digital ... See More
- Investors: Not available
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Eightydays.me
- $600K
- HQ: San Francisco, California
- Categories: travel, tourism, internet, apps
- Investors: Not available
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GNS Healthcare
- $6.0M
- HQ: Cambridge, Massachusetts
- Categories: bioinformatics, analytics, big data
- Investors: Not available
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Emailage
- $10M
- HQ: Chandler, Arizona
- Categories: real time, fintech, air transportation, software, machine learning, saas, ... See More
- Investors: Not available
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Memphis Meats
- $17M
- HQ: San Francisco, California
- Categories: organic food, food and beverage, food processing
- Investors: Not available
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Forward Networks, Inc.
- $16M
- HQ: Palo Alto, California
- Categories: information technology, computer, software
- Investors: Not available
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Tickr
- $2.1M
- HQ: San Francisco, California
- Categories: Not available
- Investors: Not available
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Tickr
- $1.0M
- HQ: San Francisco, California
- Categories: Not available
- Investors: Not available
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Lumity, Inc.
- $19M
- HQ: San Mateo, California
- Categories: fintech, information technology, health insurance, analytics
- Investors: Not available
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Blinkfire Analytics
- $1.6M
- HQ: Chicago, Illinois
- Categories: analytics, sports, computer vision, visual search, big data, artificial ... See More
- Investors: Not available
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Roost
- $10M
- HQ: Sunnyvale, California
- Categories: smart home
- Investors: Not available
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TopScore
- $208K
- HQ: Pittsburgh, Pennsylvania
- Categories: e-commerce platforms, saas, sports
- Investors: Not available
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CLEARink Displays
- $5.0M
- HQ: Santa Clara, California
- Categories: video
- Investors: Not available
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BotsAndUs Ltd
- 100K GBP
- HQ: London, England
- Categories: retail technology, retail, artificial intelligence, events, hospitality, ... See More
- Investors: Not available
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WorkSpan
- $9.0M
- HQ: Redwood City, California
- Categories: Not available
- Investors: Not available
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Tifosy
- Not available
- HQ: London, England
- Categories: sports
- Investors: Not available
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CEL-SCI
- $3.5M
- HQ: Vienna, Virginia
- Categories: biotechnology
- Investors: Not available
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Bombay Shaving Company
- $2.5M
- HQ: New Delhi, Delhi
- Categories: lifestyle, consumer goods, men's
- Investors: Not available
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VIPKID
- $200M
- HQ: Beijing, Beijing
- Categories: internet, e-learning, education
- Investors: Not available
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Crehana
- $900K
- HQ: Lima, Lima
- Categories: e-learning, edtech, collaborative consumption, education
- Investors: Not available
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Brella
- 1.2M EUR
- HQ: San Francisco, California
- Categories: event management, information technology
- Investors: Not available
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Truss
- $7.7M
- HQ: Deerfield, Illinois
- Categories: rental, real estate, leasing
- Investors: Not available
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Truss
- $1.3M
- HQ: Deerfield, Illinois
- Categories: real estate, rental, leasing
- Investors: Not available
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Sliver.tv
- $9.8M
- HQ: Cupertino, California
- Categories: gaming, video games, virtual reality
- Investors: Not available
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Square Roots Urban Growers
- $5.4M
- HQ: Brooklyn, New York
- Categories: local, farming, farmers market
- Investors: Not available
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Gabi
- $2.6M
- HQ: San Francisco, California
- Categories: mobile, auto insurance, insurance
- Investors: Not available
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