The Latest

Social investment platform eToro to acquire fintech startup Gatsby for $50M

Multi-asset social investment network and Robinhood competitor eToro has signed a definitive agreement to acquire Gatsby — a fintech startup which also aimed to go head to head against Robinhood

Ex-Novastar partner Niraj Varia takes on new challenge as CEO of Kenyan agtech iProcure

Niraj Varia spent the last eight years at Novastar Ventures, a global VC with hubs in Nairobi, Lagos and London, having joined it at inception and rising through the ranks to become partner. Under his

Incredible Health passes unicorn valuation as it bags $80M Series B

Incredible Health, a US-based job-matching platform which made nurses its first focus, has closed an $80 million Series B funding round and announced hitting a $1.65BN unicorn valuation, billing itsel

DriveNets connects with $262M as demand booms for its cloud-based alternative to network routers

Internet usage continues to skyrocket, with 29.3 billion networked devices projected to be in use by 2023 and the growth rate currently at around 10%. Today, an enterprise startup called DriveNets tha

Funding Circle cofounder unveils new Super Payments fintech venture with $27M investment

Funding Circle cofounder Samir Desai has unveiled a new U.K. fintech startup called Super Payments, a venture he founded back in February but which very little was known about up until now. Reports em

TikTok launches an in-app US midterms Elections Center, shares plan to fight misinformation

TikTok announced its midterms Elections Center will go live in the app in the U.S. starting today, August 17, 2022, where it will be available to users in more than 40 languages, including English and

Airbnb launches ‘anti-party’ tech to spot potential rule-breakers at the point of booking

After permanently banning parties and events on all Airbnb listings in June, the company is hardening its anti-party stance by launching new screening tools in the U.S. and Canada. The firm’s &#

VLC says India internet providers blocking site poses threat to users

VideoLan, the developer of popular media player VLC, says Indian telecom operators have been blocking its website since February of this year in a move that is potentially impacting some users in one

India’s Exponent Energy may have found the secret to 15 min rapid EV charging

Bangalore-based Exponent Energy might have come up with a way to deliver 15-minute rapid charging for electric vehicles. The startup, which just raised a $13 million Series A, relies on a combination

Biden admin says about 20 models will still qualify for EV tax credits

The Inflation Reduction Act, which President Joe Biden signed into law Tuesday, says that if automakers want their electric vehicles to be eligible for tax credits, they’ll need to have final as

Getting power from poop, with Levidian’s Loop

The U.K. water processing industry produces a godawful amount of biogas annually. The gasses are primarily used to generate operational heat and power on-site, or they can be turned into biomethane an

Eat Just bags $25M, gets Alibaba’s help to sell alternative protein in China

China is a notoriously difficult market for international startups to crack, but one company seems to have found the recipe for wooing the country’s picky consumers. Three years after Eat Just l

YC grad QuotaBook raises $11M to scale its equity management platform

QuotaBook, a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Re

American Airlines to buy 20 jets from Boom Supersonic

American Airlines will buy up to 20 jets from Boom Supersonic, an aircraft maker that aims to commercialize supersonic, and super-fast, flight. Boom’s Overture four-engine jets promise speeds of

Google makes robots smarter by teaching them about their limitations

If you’ve used a smart voice assistant such as Alexa, Siri and whatever-Google’s-smart-assistant-is-called, you’ll probably have noticed that the tech is getting smarter every day. G

From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund

If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so sma

Daily Crunch: 7 months after emerging from stealth, YC alum Arc secures $20M Series A

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

SAIC Mobility Robotaxi valued at $1B after $148M Series B

SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotax

How a16z’s investment into Adam Neumann further solidifies the ‘concrete ceiling’

The Neumann announcement reminded many founders that one cannot out-educate, out-network and out-assimilate the systemic barriers designed to discriminate against them.

Facebook will disable new political ads a week before US midterm elections

Meta loosely outlined how it plans to brace its platforms for the upcoming U.S. midterm elections Tuesday, starting with political ads. In November, the nation will decide a number of key congressiona
Load More