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Endel raises $5M to create personalized ‘sound environments’ that improve productivity and sleep

The pitch for Berlin-based Endel is pretty straightforward, according to its co-founder and CEO Oleg Stavitsky. “The way I usually describe Endel is: This is a technology that is built to help y

Salsify nabs $155M as its commerce experience platform sees a big surge of business from Covid-19

As traditional brands grapple with a new world where selling online is as much or perhaps even more important than how you are positioned in a physical store, a startup that helps them get all their i

New research shows European startups are spending drastically less on a US launch, for the same gains

It used to be the case that in order to scale globally, European companies needed to spend big on launching in the US to achieve the kind of growth they wanted. That usually meant re-locating large sw

‘AI-powered’ fitness app Freeletics scores $25M Series B

Freeletics, the “AI-powered” fitness coaching app, has closed $25 million in Series B funding. Leading the round is U.S.-based JAZZ Venture Partners and Causeway Media Partners, with suppo

Apple partner Servify raises $23 million to scale its devices after-sales and management platform overseas

Servify, a Mumbai-headquartered startup that operates a device lifecycle management platform and works deeply with brands including Apple and Samsung in a number of geographies, has raised $23 million

VW’s Traton Group strikes a deal with TuSimple to develop autonomous trucks

The Traton Group, Volkswagen AG’s heavy-truck business, has taken a minority stake in TuSimple as part of an agreement between the two companies to develop self-driving trucks. Neither company discl

Uncapped picks up another $26M to offer revenue-based finance to European entrepreneurs

Uncapped, the London-headquartered and Warsaw-based startup that offers “revenue-based” finance to European businesses so that founders don’t have to give up equity stipulated by venture cap

Apple launches its online store in India

For the first time in more than 20 years since Apple began its operations in India, the iPhone-maker has started selling its products directly to consumers in the world’s second largest smartphone m

China says it won’t approve TikTok sale, calls it ‘extortion’

The September 20 deadline for a purported TikTok sale has already passed, but the parties involved have yet to settle terms on the deal. ByteDance and TikTok’s bidders Oracle and Walmart present

Singapore-based Syfe, a robo-advisor with a human touch, raises $18.6 million led by Valar Ventures

Syfe, a Singapore-based startup that wants to make investing more accessible in Asia, announced today that it has closed a SGD $25.2 million (USD $18.6 million) Series A led by Valar Ventures, a finte

Elon Musk reveals the Tesla Model S ‘Plaid’ slated for late 2021

Tesla CEO Elon Musk revealed Tuesday the Model S Plaid, the newest variant to the company’s flagship sedan that boasts some eye-popping performance and range claims, including the ability to tra

Tesla claims it can drive battery costs down even lower with new material science innovations

Amid a packed afternoon of announcements from Tesla around innovations the company is pursuing to slash the cost of electric vehicles and energy storage through better battery design, the company said

Tesla plans to build a cathode plant and get into the lithium mining business

A little more than a year ago, during Tesla’s 2019 shareholder’s meeting, CEO Elon Musk said the company “might get into the business of mining minerals used in electric vehicle batt

Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car

Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles. Tesla CEO Elon Musk and SVP of Powertrain and E

TransferWise reports accelerating revenue growth to 70% in its March, 2020 fiscal year

TransferWise, a European fintech unicorn, announced the financial results of its fiscal year ending March, 2020. The company posted strong growth, continued profit and new customer records. TransferWi

Caura, an app to take the hassle out of car ownership, launches from Echo co-founder Sai Lakshmi

Caura, a new U.K. startup that aims to take the hassle out of car ownership, is breaking cover today. Founded by Sai Lakshmi, who previously co-founded Echo, the medication management service acquired

Tesla introduces its tabless battery design on the road to 10 terawatt hours of production

For Tesla to reach the ambitious goal of 10 to 20 terawatt hours of battery production per year that the company has set, it will need to advance the battery and its production. Today, during Tesla&#8

Future Teslas will have batteries that double as structure, making them extra stiff while improving efficiency, safety and cost

Tesla has fundamentally redesigned the way that its battery packs integrate into their vehicles, turning them into structural elements of the car, rather than just fuel sources on their own. At Tesla&

Daily Crunch: Microsoft launches Azure Communication Services

Microsoft takes on Twilio, Google launches a work-tracking tool and Mirakl raises $300 million. This is your Daily Crunch for September 22, 2020. The big story: Microsoft launches Azure Communication

Social networks are doing a voter registration blitz this week

With the most uncertain election in modern American history fast approaching, social networks are doing a final big push to get their users registered to vote. The efforts align with National Voter Re
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