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Founded by former Carousell and Fave execs, Rainforest gets $36M to consolidate Asia-Pacific Amazon Marketplace brands

Singapore-based Rainforest is one of the newest entrants in the wave of startups that “roll-up” small e-commerce brands. Launched in January by alumni from some of Southeast Asia’s top startups,

Una Brands launches with $40M to roll up brands on multiple Asia-Pacific e-commerce platforms

One of the biggest funding trends of the past year is companies that consolidate small e-commerce brands. Many of the most notable startups in the space, like Thrasio, Berlin Brands Group and Branded

China expresses concern over its absence in India’s 5G trials

China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nat

Uber’s mixed Q1 earnings portray an evolving business

Surprised by the revenue miss? Shocked by the profit beat? Startled by the sharp drop in the value of Uber's stock? Let's unpack the numbers.

SpaceX successfully launches and lands its Starship prototype rocket

SpaceX flew the 15th prototype of its Starship fully reusable next-generation rocket today, with a test flight that included a successful climb to around 30,000 feet, as well as a controlled flip, des

Toyota AI Ventures and May Mobility will talk the future of the transportation industry on Extra Crunch Live

Besides a passion for progress in the mobility space, what do Toyota AI Ventures’ Jim Adler, May Mobility’s Nina Grooms Lee and May’s Edwin Olson have in common? All three of them ar

The Daily Crunch: Peloton share price falls 14% after product recall and data breach; CEO apologizes

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Chime has agreed to stop using the word ‘bank’ after a California regulator pushed back

Chime might call itself the “fastest-growing fintech in the U.S.,” but it has agreed to stop referring to itself as a “bank,” per a new report out of American Banker. Evidently

Facebook’s Oversight Board throws the company a Trump-shaped curveball

Facebook’s controversial policy-setting supergroup issued its verdict on Trump’s fate Wednesday, and it wasn’t quite what most of us were expecting. We’ll dig into the decision to teas

GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030

GM CEO Mary Barra sees the automaker selling personal autonomous vehicles by the end of the decade by leveraging technology from its self-driving subsidiary Cruise, according to comments made during t

Applications for the TC Early Stage Pitch-Off in July are open

Early-stage startups — now is your time to shine at the TechCrunch Early Stage event on July 8 and 9. This is part two of the highly successful event from April where top experts train and teac

Supercell likes Metacore’s games so much it just gave it another $180M credit line

Metacore, a Finnish mobile games company, seems to have an amazing “relationship” with Supercell, another (quite successful) Finnish mobile games company. Back in September 2020, Metacore

Beyond the fanfare and SEC warnings, SPACs are here to stay

Can SPACs still solve the funding problem for capital-intensive, deep tech startups? And will they become a permanent financing option?

GM’s Pam Fletcher is coming to TC Sessions: Mobility 2021 to talk about how to build a startup

GM might be best known for the millions of Buick, Cadillac, Chevrolet and GMC-branded vehicles it designs, produces, finances and sells each year. But it also has a burgeoning incubator, where a team

For M&A success, tap legal early and often

Outside attorneys are experts in M&A or IPOs, but your in-house lawyers are experts in your company. Here are actionable tips on how to use that team to your advantage.

Facebook launches Neighborhoods, a Nextdoor clone

Facebook is launching a new section of its app designed to connect neighbors and curate neighborhood-level news. The new feature, predictably called Neighborhoods, is available now in Canada and will

Twitter rolls out improved ‘reply prompts’ to cut down on harmful tweets

A year ago, Twitter began testing a feature that would prompt users to pause and reconsider before they replied to a tweet using “harmful” language — meaning language that was abusiv

Emerging open cloud security framework has backing of Microsoft, Google and IBM

Each of the big cloud platforms has its own methodology for passing on security information to logging and security platforms, leaving it to the vendors to find proprietary ways to translate that into

Despite gains, gender diversity in VC funding struggled in 2020

There’s no excuse for the slow pace of improvement toward greater equity in the venture capital/startup game. And we’re tired of writing dispiriting posts about it.

Text Blaze raises $3.3M for its speed-writing automation service

Text Blaze, which was a part of the recent Winter 2021 Y Combinator accelerator batch, announced that it has closed a $3.3 million seed round. The company’s investment was led by Two Sigma Ventu
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