QED Investors, a U.S. fintech-focused venture capital firm, has led a new investment in TeamApt, a Nigerian fintech that provides business payments and banking platforms. The investment was over $50 m
Electric truck maker Nikola announced Wednesday that President Michael Lohscheller will become CEO on January 1. Lohscheller, who will replace CEO Mark Russell upon his retirement, has joined the Niko
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single to
Ford said Wednesday it has reached a deal with DTE Energy to power its electricity supply in Michigan with clean energy, a step toward its goal to become carbon neutral by 2050. The automaker’s deal
TechCrunch is thrilled to announce our next City Spotlight event will focus on Minneapolis. On September 7, TechCrunch Live will host an extended event featuring the best startups and investors from t
Masayoshi Son famously built his war chest by pumping $20 million into Alibaba two decades ago. Over the years the Chinese e-commerce behemoth has become a way for the billionaire founder of SoftBank
Swathy Prithivi speaks modestly about her years at Uber and Opendoor, but her role as manager at those powerhouse firms made her well-positioned to set out founding her own startup. Atomic VC was ther
The company has already demonstrated that its technology is viable and can make a piece of cultivated meat, and it has plans to introduce the pork loin to restaurants in 2025.
Even though digital asset markets have been shaky, the blockchain sector continues to scale as demand increases from both crypto-native and traditional institutions looking to use the technology. Laye
Cloud security startup Wiz launched just two years ago. It released its first product about 18 months ago. In December the company announced a $550 million Series A on a $6 billion valuation. That’s
Over the past year, Samsung recognized something we’d known all along: The clamshell form factor makes sense. It’s something those of us who are old enough to remember a pre-smartphone era are wir
Ember’s first decade has been a journey. The Southern Californian startup first hit our (and most folks’) radar as a mug company. The company captured a fair bit of press attention with its high-e
DNSFilter, a Washington, D.C.-based provider of DNS-based web content filtering and threat protection, has announced it’s acquiring Guardian, a privacy-protecting firewall for iOS. Financial terms o
Nightfall AI, a startup providing cloud data loss prevention services, today announced that it raised $40 million in Series B financing from investors including WestBridge Capital, Venrock, Bain Capit
Galaxy Buds have quietly been a great part of Samsung’s line. It’s a strange thing to say about anything coming from a company that’s generally anything but quiet, but its earbuds have long been
Samsung giveth and Samsung taketh away. The latest additions to the Galaxy Watch line present a bit of both. The headline on each side of that equation is the addition of a “Pro” version to the ev
Apple launched Apple Pay, which lets customers make payments in stores and online through iPhone, iPad, Apple Watch or Mac, in Malaysia on Tuesday. Currently, Apple Pay is supported for Malaysian cust
Since the start of the pandemic, the global supply chain has undergone — and is undergoing — immense strain. As of late last month, there were more than 300 ships in China waiting to load
Veteran cannabis tech company WM Technology is rebranding and expanding its SaaS offering to move upstream beyond its existing Weedmaps marketplace. Previously known as WM Business, this B2B subscript
The United States Department of Defense is deepening its relationship with electric vertical take-off and landing (eVTOL) aircraft company Joby Aviation. Joby said Wednesday that it is expanding its
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