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PayPal to acquire cryptocurrency custody startup Curv

PayPal has announced that it plans to acquire Curv, a cryptocurrency startup based in Tel Aviv, Israel. Israeli newspaper Calcalist originally reported the move. And PayPal has now made an official an

The rise of the tech workers union and what comes next

While not entirely non-existent, the union has been an elusive phenomenon in Silicon Valley. More recently, however, big names like Google and Kickstarter have taken key steps toward forming unions, a

Last-mile delivery robotics company Refraction AI raises $4.2M

Ann Arbor-based Refraction AI announced today that it has raised a $4.2 million seed round. The startup, which debuted on the TechCrunch Sessions: Mobility stage back in 2019, was founded by a pair of

Amazon expands its food delivery service across Bangalore

Amazon said on Monday it has expanded its food delivery service, called Amazon Food, across 62 zip codes in Bangalore, in what is the first public update since entering the new category in India last

New clinical trial data from Locus Biosciences shows promise in CRISPR-Cas3 technology

Antibiotic resistance is one of the biggest potential threats to global health today. But Locus Biosciences is hoping that their crPhage technology might provide a new solution. Based in North Carolin

Egypt’s customer engagement platform for F&B brands in MENA, Koinz, raises $4.8M seed

As the restaurant industry across different cities was massively hit by the pandemic-induced lockdowns last year, food aggregator platforms helped by driving online customers to them. Koinz is one suc

The Station: Another Uber spinout is born and EVs dominate SPACs

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.  Hi friends and new readers, welcome

Swiss maker of meat alternatives Planted will expand and diversify with $18M Series A

Planted, a startup pursuing a unique method of creating a vegetarian chicken alternative, has raised an $18M (CHF 17M) Series A to expand its product offerings and international footprint. With new ke

UK challenger bank Starling raises $376M, now valued at $1.9B

Challenger banks continue to see huge infusions of cash from investors bullish on the opportunity for smaller and faster-moving tech-based banking startups to woo customers from their larger rivals. I

Deliveroo posted narrowed loss of $309M, with gross transactions surging to $5.7B in 2020, EITF shows

The clock has officially started ticking on Deliveroo’s plans to go public in April. After announcing last week that it planned to list on the London Stock Exchange, today the on-demand food del

Porsche raises stake in electric car and components maker Rimac Automobili

Rimac Automobili, the Croatian company known for its electric hypercars and battery and powertrain development, has gained yet another investment from Porsche AG. Porsche said Monday it has invested 7

Hong Kong fintech unicorn WeLab raises $75M led by insurance giant Allianz

One of the few industries that have benefited from the COVID-19 crisis is online finance. Around the world, the pandemic has forced consumers to adopt digital banking. Hong Kong’s WeLab, a finte

OnePlus recruits Hasselblad for three-year smartphone imaging deal

Imaging has long been the primary battlefield on which the smartphone battles are waged. It makes sense. The thing about smartphones in 2021 is that they’re mostly very good. Sure, there are differe

Google unveils $25 million in grants aimed at empowering women and girls

Google announced a range of programs as well as grants worth $25 million on Monday to fund works of nonprofits and social enterprises that are committed to empower women and girls. Google.org’s

Chinese beauty app Meitu bought $40 million worth of cryptocurrency

Following in the footsteps of Tesla, Chinese app maker Meitu has joined the ranks of cryptocurrency investment. In the early 2010s, Meitu reached such dominance in the portrait touch-up space that its

Praava Health raises $10.6M to increase access to quality healthcare in Bangladesh

Before launching Praava Health, a company that combines telemedicine with physical clinics, Sylvana Sinha had a successful career in international law, including serving as a foreign policy advisor to

Gillmor Gang: Win Win

Just finished a Twitter Spaces session. It is an engaging platform, somewhat clunky in feature set but easily a tie overall with Clubhouse. I don’t see this as a horse race, however, more as coo

The iMac Pro is being discontinued

Chalk this up to inevitability. The iMac Pro is soon to be no more. First noted by 9to5Mac, TechCrunch has since confirmed with Apple that the company will stop selling the all-in-one once the current

Investors still love software more than life

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading.

The Product Manager asterisk

Product manager might be one of the most grey roles within a startup. However, as a company progresses and the team grows, there comes a time when a founder needs to carve out dedicated roles. Of thes
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