Catherine Shu
Catherine Shu has covered startups in Asia and breaking news for TechCrunch since November 2012. Her other interests include anything related to fiber and textiles, design and cats. Catherine was raised in California and graduated from Sarah Lawrence College and the Columbia Graduate School of Journalism. She is now based in Taipei, Taiwan and can be reached at shu@techcrunch.com, @catherineshu on Twitter or keybase.io/catherineshu
Disclosures: None
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Samsung plans to recover 157 tonnes of rare metals, including gold, from Galaxy Note 7s
Samsung Electronics announced today that it will recycle parts from Galaxy Note 7 smartphones, which gained notoriety last year after a battery defect caused several to burst into flame. The company said in a statement on its Korean site (via Google Translate) that it also expects to recover 157 tonnes of rare metals, including gold, from the devices. Read More
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Judge sides with Google in its battle with the Labor Department over employee pay data
On Friday, an administrative law judge handed Google a victory, ruling that it does not need to hand over all the data requested by the Department of Labor as part of an audit of the company’s compliance with equal pay laws. Read More
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Beauty startup Glossier will start shipping to Canada, the U.K. and France, with more countries to come
Glossier, the direct-to-consumer beauty startup that’s raised $34.4 million in funding so far, will kick off its international expansion this month. Read More
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Revere launches with $2M in funding to sell workout drinks made from plants
Dietary supplements don’t need approval from the Food and Drug Administration before they are marketed, which means the industry is rife with dubious claims. Revere, a new startup that sells monthly subscriptions of its workout and energy drink powders, wants to cut through the buzz with straightforward mixes of plant-based ingredients, such as pea protein and sweet potato powder. Read More
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Genoox raises $6M to make genetic data analysis more accessible for clinics
Genoox, a startup that wants to make it easier for medical professionals to use genomic data in patient care, has raised $6 million in funding. The capital includes a seed round from Inimiti Capital Partners and a Series A round led by Glilot Capital Partners. Read More
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CompareAsiaGroup scores $50M from investors including IFC, Alibaba and Goldman Sachs
CompareAsiaGroup, which runs online financial marketplaces in seven Asian countries, has closed a $50 million Series B. The round was led by the International Finance Corporation (IFC), a member of the World Bank Group, and includes capital from new investors Alibaba, SBI Group, and H&Q Utrust. Returning investors also participated. Read More
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Four volunteers will live in a sealed lab for 200 days as China preps for its first manned moon mission
Four volunteers at China’s top aeronautics university will live in a sealed laboratory for 200 days without any outside interaction as the country prepares to send its first manned mission to the moon. According to the People’s Daily (one of the Chinese Communist Party’s official newspapers), the group started their stint on Sunday in the 160-square-meter lab at the… Read More
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Moglix raises $12M Series B to digitize India’s manufacturing industry
Moglix launched in 2015 as an online store for tools and construction supplies, but now it’s venturing into enterprise software with the launch of GreenGST to help Indian manufacturers become compliant with the country’s new tax codes. The Noida-headquartered startup announced today that it has raised a $12 million Series B. Read More
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Amazon puts an additional $260M into its Indian business
Amazon has topped up its investment in its India business with another $260 million. The funding was disclosed in regulatory documents filed last month and first reported by Indian financial publication Mint. Read More
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Atacama uses microfluidic technology to create moisture-control fabric that actually stays dry
Imagine sportswear that not only stays dry through the most sweat-inducing workouts, but also turns perspiration into a design element. Named after the driest desert in the world, Atacama uses microfluidic technology to create textiles that can do just that. The recipient of a grant from the National Science Foundation, Atacama is also exploring how its technology can be applied in a diverse… Read More
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Pray.com, a community-building app for faith organizations, raises $2M in seed funding
Pray.com, an interfaith mobile app that helps religious leaders keep in touch with their congregants, will grow its team after receiving $2 million in seed funding. The round was led by Science Inc., a startup studio whose portfolio also includes Dollar Shave Club and DogVacay, with participation from Greylock Partners and Spark Capital. Read More
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OMG Digital, the ‘BuzzFeed of Africa,’ raises a seed round of $1.1M
OMG Digital, the Ghana-based media startup dubbed the “BuzzFeed of Africa,” announced today that it has raised $1.1 million in seed funding. Its main site, OMG Voice, already has versions for Ghana, Nigeria, and Kenya, and the new capital will be used to expand into more countries. Read More
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JD.com invests $397M into luxury marketplace Farfetch as part of a new strategic partnership
JD.com, China’s second-largest e-commerce company after Alibaba, is pumping $397 million into Farfetch, a marketplace for luxury brands, as part of a new strategic partnership. JD.com founder and CEO Richard Liu will take a seat on Farfetch’s board as part of the deal, which makes JD.com one of its largest shareholders. Read More
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Etsy will cut 15 percent of its workforce in a new round of layoffs
Etsy has announced its second round of layoffs in as many months. In a statement today, it said it will cut 140 positions, or about 15 percent of its current workforce. When combined with an earlier downsizing announced in early May, this round brings total eliminated positions to about 230, or about 22 percent of what Etsy’s total workforce was at the end of 2016. Read More
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Bill Gurley to leave Uber’s board of directors
Benchmark’s Bill Gurley is set to leave Uber’s board of directors, one day after the company announced the resignation of CEO Travis Kalanick following months of controversy over its corporate culture. A Benchmark spokesman told Bloomberg, which first reported the news of Gurley’s departure, that his board seat will be filled by Matt Cohler, another Benchmark general partner. Read More
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Mercari hires John Lagerling from Facebook’s management team to guide its U.S. strategy
When Mercari became Japan’s first startup unicorn with a $75 million round last year, the funding was earmarked to fuel its goal of becoming the top secondhand marketplace app in the U.S. Now Mercari is doubling down on its efforts to succeed where no other Asian e-commerce company has. Today it launched a refreshed version of its American app and announced the hiring of John Lagerling… Read More
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YouTube updates its policies after LGBTQ videos were blocked in Restricted Mode
Earlier this year, several LGBTQ YouTube creators noticed that their videos were hidden in Restricted Mode, even though they didn’t contain mature content. YouTube apologized and promised to fix its system. Now CEO Susan Wojcicki has detailed the steps YouTube is taking to make its policies more inclusive. Read More
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Wonderschool gets $2M to help solve America’s childcare quandary
In the U.S., childcare presents a nerve-wracking quagmire for parents. It’s expensive—almost a fifth of American families spend more than a quarter of their income on childcare—but that doesn’t mean it’s a lucrative business. In fact, many caregivers make so little that they can’t afford childcare for their own kids and drop out of the workforce. Read More
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Headspace’s revamped app helps busy people turn meditation into a habit
After years of struggling to make it part of my daily routine, I’ve started to suspect that if I were mindful enough to remember to meditate, then I probably wouldn’t need to meditate in the first place. To get the attention of people who, like me, spend more time thinking about meditating then they do actually meditating, Headspace has launched a new version of its app with… Read More
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Korean e-book service Ridibooks scores $20M Series C
E-book sales may be declining in the U.S. and U.K., but in South Korea, many people still enjoy swiping instead of leafing through their reading material. E-book sales there are growing steadily each year, driven in part by the popularity of web comics. Ridibooks, which claims to be Korea’s largest e-book provider, has raised a $20 million Series C to take advantage of the market. Read More
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