Oct 28th
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The Latest
Featured Article
The financial pickle facing Elon Musk’s Las Vegas Loop system
Please see update below… Restrictions put in place by Nevada regulators are making it difficult for The Boring Company (TBC) to meet contractual targets for its LVCC Loop, Elon Musk’s first underground transportation system. The Loop system at the Las Vegas Convention Center (LVCC) is supposed to use more than 60 fully autonomous high-speed vehicles…
10:20 am PDT • May 28, 2021
Media & Entertainment
Facebook, WhatsApp, Google and other internet giants comply with India’s IT rules
10:13 am PDT • May 28, 2021
Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new IT rules, according to two people…
Media & Entertainment
Twitter Blue, a $3 monthly subscription service, could be coming soon
9:45 am PDT • May 28, 2021
Great news for typo-prone tweeters: Twitter Blue, a $2.99 monthly subscription, appears to be coming soon to a Timeline near you. Two weeks ago, researcher Jane Manchun Wong first reported…
TikTok has a month to respond to concerns raised by European consumer protection agencies earlier this year, EU lawmakers said today. The Commission has launched what it described as “a…
Transportation
Experts from Toyota, Ford and Hyundai will discuss automotive robotics at TC Sessions: Mobility
9:16 am PDT • May 28, 2021
The events of the past year have only served to accelerate interest in all things robotics and automation. It’s a phenomenon we’ve seen across a broad range of categories, and…
By generating lots of cash and profit, Doximity hasn’t raised a round since 2014.
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. This week had the whole crew aboard to…
Startups
Goldman Sachs leads $45M investment into auto fintech startup MotoRefi
6:15 am PDT • May 28, 2021
MotoRefi has raised another $45 million in a round led by Goldman Sachs just five months after investors poured $10 million into the fintech startup to help turbocharge its auto…
Meet Café, a new French startup founded by two brothers that wants to help companies switch to a hybrid remote-and-office workplace model. Café isn’t a traditional desk-booking tool. Instead, the…
Media & Entertainment
Amazon is now letting Indians read magazine articles in its shopping app
1:59 am PDT • May 28, 2021
Amazon, in its ever-growing desire to become a super app in India, is testing a new category to persuade users to spend more time on the shopping service: Feature articles.…
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Venture
Middle East and Africa will reap benefits from Nuwa Capital’s newest fund
1:00 am PDT • May 28, 2021
Nuwa Capital, a venture capital firm based in Dubai and Riyadh, announced the first close of its $100 million NVFI fund in February. The close was three-quarters of the target…
Penfold closes $8.5M to provide a full-stack pension in an app aimed at freelancers
1:00 am PDT • May 28, 2021
Penfold, a startup that offers a full-stack pension in a smartphone app, has closed an $8.5 million (£6 million) funding round, $4 million of which was from a crowdfunding campaign.…
Kitt, an office outfitter as a service, raises $5M Seed round led by Barclay Ventures
12:01 am PDT • May 28, 2021
Landlords have sometimes looked on the tech-enabled spaces of the likes of WeWork and longed to be part of the cool kids — and attract that new wave of founders.…
Startups
Brazilian proptech startup QuintoAndar lands $300M at a $4B valuation
8:00 pm PDT • May 27, 2021
Fintech and proptech are two sectors that are seeing exploding growth in Latin America, as financial services and real estate are two categories in particular dire need of innovation in…
Gillmor Gang: Nothing was delivered
5:17 pm PDT • May 27, 2021
Somehow it’s Bob Dylan’s 80th birthday this week. Some of you may not think that’s a big deal, but I do. The fact of his talent pretty much drowns out…
Transportation
Tesla has activated its in-car camera to monitor drivers using Autopilot
3:56 pm PDT • May 27, 2021
Tesla has enabled the in-car camera in its Model 3 and Model Y vehicles to monitor drivers when its Autopilot advanced driver assistance system is being used. In a software…
While VC is the flashy gold medal sometimes, the rapid growth of emerging fund managers means that your first check can be piecemealed together from a variety of different sources.
Daily Crunch: Saving-investing app Acorns files to go public in $2.2B SPAC deal
3:10 pm PDT • May 27, 2021
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Featured Article
Darryl Finkton Jr. closes $200M to go from asset management to poverty eradication
Darryl Finkton Jr. is a man on a mission. He believes there’s enough money in the world to help put an end to poverty. But only if it’s distributed differently than it is today. Earlier this year, the investor left a career in asset management to launch a $1 billion venture fund aimed at eradicating…
2:46 pm PDT • May 27, 2021
Enterprise
Box beats expectations, raises guidance as it looks for a comeback
2:19 pm PDT • May 27, 2021
Box executives have been dealing with activist investor Starboard Value over the last year, along with fighting through the pandemic like the rest of us. Today the company reported earnings…
