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MAGIC Fund raises $30M to scale its global founders-backing-founders fund
Influential entrepreneurs like Paul Graham and Naval Ravikant always preach the need for startups to have founders-turned-investors on their cap table. As Ravikant puts it, “founders want to know that…
Nothing’s Ear (1) earbuds will feature noise cancelling and run $99
Fittingly, we don’t know a lot about Nothing. The young hardware startup has, however, done a stellar job building hype around precisely that fact. In the lead up to the…
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Nothing founder Carl Pei on Ear (1) and building a hardware startup from scratch
“If we take a take a step back and think about it from a consumer perspective, we feel like, as a whole consumer, tech is quite, quite boring.”
White label fintech platform Toqio secures $9.4M Seed led by Seaya and Speedinvest
The upside of the Open Banking regulations which have swept jurisdictions like the UK and the EU is that many more challenger banks have appeared. The headache for either incumbent…
Byrd raises $19M to expand Amazon-style fulfillment and logistics to more e-commerce merchants in Europe
E-commerce in Europe is set to grow 30% percent this year, with the online shopping surge that started at the rise of Covid-19 showing little sign of abating. Today, a…
Free Extra Crunch membership included with TC Early Stage tickets
TechCrunch Early Stage is coming up soon, and all attendees can get 3 months of free access to Extra Crunch as a part of a ticket purchase. Extra Crunch is…
Twitter has lost liability protection in India, government says
Twitter no longer enjoys the liability protection against user-generated content in India, the government said in a court filing this week as tension escalates between the two over the South…
TravelPerk buys UK-based Click Travel in latest pandemic purchase
Business trip booking platform TravelPerk has bagged another rival — picking up UK-based Click Travel. Terms of the deal are not being disclosed but we’re told it’s the third —…
Pine Labs said on Tuesday it has closed a $600 million financing round as the Asian merchant commerce platform sets the goal to explore the public markets within two years.…
Pleo raises $150M at a $1.7B valuation for its new approach to managing expenses for SMBs
Whether you are part of the accounting department, or just any employee at an organization, managing expenses can be a time-consuming and error-filled, yet also quite mundane, part of your…
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StrictlyVC – Washington, D.C.
StrictlyVC – London
On Friday, a flood of ransomware hit hundreds of companies around the world. A grocery store chain, a public broadcaster, schools and a national railway system were all hit by…
Volvo, Daimler, Traton invest $593 million to build electric truck charging network
Volvo Group, Daimler Truck and Volkswagen’s AG heavy-truck business the Traton Group announced on Monday a non-binding agreement to build a network of high-performance public charging stations for electric heavy-duty…
VW offloads Bugatti to Rimac to form new EV company Bugatti-Rimac
Croatian electric supercar startup Rimac Automobili is taking over Bugatti. Rimac will own a controlling 55% share in the new company, Bugatti-Rimac, with VW’s Porsche owning the remaining 45%, according…
ManoMano raises $355 million for its home improvement e-commerce platform
French startup ManoMano has raised a Series F funding round of $355 million led by Dragoneer Investment Group. The company operates an e-commerce platform focused on DIY, home improvement and…
Tom Blomfield takes first board post at Generation Home, after leaving Monzo and Angel investing
Following on from mid-June when first-time buyer mortgage lending startup Generation Home raised a $30.4m Series A round and a £300m loan facility from NatWest, it’s now adding to its…
Hear top VCs Albert Wegner, Jenny Rooke, and Shilpi Kumar talk green bets at the Extreme Tech Challenge finals
This year, TechCrunch is proudly hosting the Extreme Tech Challenge Global Finals on July 22. The event is among the world’s largest purpose-driven startup competitions that are aiming to solve…
Obviously AI, a no code startup for data analysts, increases its seed round to $4.7M
Nirman Dave’s two startups are very different, but both have a DIY spirit. The first, called CircuiTricks and founded during his gap year after high school, created kits to teach…
SoftBank buys perpetual Yahoo trademark license for $1.6 billion
As firework volleys launched out of New York City harbor last night, a very different celebration was likely taking place just a few blocks down the street at Verizon’s official…
The Station: Bird has drama in San Francisco, drone delivery startup Zipline raises $250M
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Happy 4th of…
Why former Alibaba scientist wants to back founders outside the Ivory Tower
Min Wanli had a career path much coveted by those pursuing a career in computer science. A prodigy, Min was accepted to a top research university in China at the…