Ankorstore raises $29.9 million for its wholesale marketplace

French startup Ankorstore has raised a $29.9 million Series A round (€25 million) with Index Ventures leading the round. Existing investors GFC, Alven and Aglaé are also participating. Ankorstore i

Singapore-based mental health app Intellect reaches one million users, closes seed funding

Intellect, a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Google also announced

China’s tech firms rush to deliver solutions for grocery shopping

Nearly all of China’s largest internet firms have established a presence in online grocery. Just this week, news arrived that Alibaba co-led the $196 million C3 funding round of Nice Tuan, the t

AWS brings the Mac mini to its cloud

AWS today opened its re:Invent conference with a surprise announcement: the company is bringing the Mac mini to its cloud. These new EC2 Mac instances, as AWS calls them, are now generally available.

Cyber Monday scams? Fakespot says it can identify fraudulent reviews and sellers online

The pandemic has made it all but impossible for a retail company without an online presence to survive. Yet while companies heavily dependent on foot traffic like J.Crew and Sur la Table have filed fo

EV bus and truck maker The Lion Electric to take SPAC route to public markets

Canadian electric truck and bus manufacturer The Lion Electric Company said Monday it plans to become a publicly traded company via a merger with special purpose acquisition company Northern Genesis A

Daily Crunch: Facebook acquires Kustomer for $1B

Facebook makes a billion-dollar acquisition, we learn more about Twitter’s Clubhouse-style feature and Moderna applies for emergency authorization for its COVID-19 vaccine. This is your Daily Cr

A tween tries Apple’s new ‘Family Setup’ system for Apple Watch

With the release of watchOS 7, Apple at last turned the Apple Watch into the GPS-based kid tracker parents have wanted, albeit at a price point that requires careful consideration. As someone in the t

With an eye for what’s next, longtime operator and VC Josh Elman gets pulled into Apple

Josh Elman is moving over to Apple, he announced on Twitter today, saying he will be focused on the company’s App Store and helping “customers discover the best apps for them.” Asked

Vista acquires Gainsight for $1.1B, adding to its growing enterprise arsenal

Vista Equity Partners hasn’t been shy about scooping up enterprise companies over the years, and today it added to a growing portfolio with its purchase of Gainsight. The company’s softwar

Infogrid raises $15.5M from Northzone to retrofit buildings with ‘smart’ IoT

Infogrid, an IoT startup which can retrofit an existing building to make it “smart”, has raised $15.5 million. The Series A funding round was led by Northzone, with participation from JLL

Union Labs believes uniting VC and corporate expertise can help startups solve ‘hard tech’ problems

Chris Kim and Nate Williams formed Union Labs with the conviction that investors and companies aren’t collaborating closely enough to ensure the success of the startups they back. Kim is the for

Strike first, strike hard, no mercy: How emerging managers can win

In the pursuit of striking first, striking hard and never letting up, it’s critical to avoid getting caught up in the day-to-day execution and losing sight of the bigger picture.

EveryAction acquires Mobilize, the Democratic volunteering platform

Nonprofit donor management platform EveryAction is buying Mobilize, a company that connects Democratic campaigns to volunteers and helps marshal activists toward progressive causes. Mobilize, formerly

5 reasons you don’t want to miss out on TC Sessions: Space 2020

We’re just about two weeks away from launching TC Sessions: Space 2020, our first focused foray into early-stage space startups and the essential satellite industries that support them. Buy your pas

Virgin Orbit targets launch window on December 19 for second orbital test launch

Virgin Orbit has announced the target timing for its next orbital flight attempt, which follows a demonstration launch earlier this year that went mostly well — right up until its rocket separated f

Dear Sophie: What I’m thankful for

This Thanksgiving, I hope you caught a glimpse of this feeling of appreciation for people and experiences in your life.

C3.ai’s initial IPO pricing guidance spotlights the public market’s tech appetite

On the heels of news that DoorDash is targeting an initial IPO valuation up to $27 billion, C3.ai also dropped a new S-1 filing detailing a first-draft guess of what the richly valued company might be

Twitter’s Audio Spaces test includes transcriptions, speaker controls and reporting features

Earlier this month, Twitter announced it would soon begin testing its own Clubhouse rival, called Audio Spaces. The new product will allow Twitter users to gather in dedicated spaces for live conversa

FCC Chairman Ajit Pai will step down to make way for the Biden administration

The chairman of the FCC, Ajit Pai, has announced he will leave his position on January 20 as President-elect Biden is sworn in. Pai’s tenure has been a controversial one, and while he would almo
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