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LongHash Ventures launches second fund for $100M to support web3 infrastructure

LongHash Ventures, a web3-focused investment firm and accelerator, has launched its second fund for $100 million, its CEO, Emma Cui, told TechCrunch.

QED makes its first African investment, backing Nigerian fintech TeamApt in $50M+ deal

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

Nikola taps its president for CEO post

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

Founders, whales and the sea change in the entrepreneurial energy

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 locks in solar energy deal with DTE Energy

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 Live is coming to Minneapolis

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

SoftBank to trim Alibaba stake to 14.6%, poised to book $34B gain

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

Tune in now: Launching a weight loss startup and knowing when to pivot

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

Novel Farms flexes its pork loin ‘muscle’ following future equity investment

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.

Jump Crypto leads Injective’s $40M round to help expand DeFi applications

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 reaches $100M ARR in just 18 months

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

Samsung’s new foldables arrive August 26

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

Smart mug maker Ember just spun out a life sciences company

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 acquires iOS firewall app Guardian to expand its web-based threat detection tech

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 raises cash for its AI that detects sensitive data across apps

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

Samsung Galaxy Pro 2 feature a smaller design, improved sound

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 ditches the physical bezel, picks up a Pro Model for the Galaxy Watch 5

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 Pay launches in Malaysia

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

Expedock cinches Series A to grow its freight paperwork management platform

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

Weedmaps for Business debuts as a SaaS suite for cannabis retailers and brands

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
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