business
Hong Kong co-working startup Campfire pulls in $18M ahead of global expansion
WeWork may be doubling down on Asia, having initially focused its efforts on China, but that isn’t stopping local players from hatching ambitious expansion plans of their own. One of…
A new $124 million for Brazil’s Movile proves that investors still see promise in Latin American tech
Brazil’s macroeconomic picture may be gloomy, but technology investors still see hope in the nation’s burgeoning technology sector — and a recent $124 million financing for the mobile conglomerate Movile…
Nigerian logistics startup Kobo360 accepted into YC, raises $1.2 million
When Nigerian logistics startup Kobo360 interviewed for Y Combinator’s 2018 cohort, a question stood out to founder Obi Ozor. “What’s holding you back from becoming a unicorn?,” they asked. “My answer was…
In London, Uber has won the battle but risks losing the war
The sighs of relief are palpable. Uber can keep operating in London. With 3.6 million customers, 45,000 drivers and a slew of reforms, changes and concessions already made to Transport…
For the past 12 years I’ve followed the rise of the startup — defined as a small business with global ambitions — from my perch at TechCrunch. During that period…
Singapore sovereign fund Temasek takes stake in tech events firm Unbound
Media exits happen, but typically you don’t hear of tech events companies being sold. Well, that’s the case in Singapore where SingEx — a subsidiary of the country’s Temasek sovereign wealth…
States will be able to charge sales tax on online purchases thanks to the Supreme Court
In a five-to-four decision issued today, the Supreme Court ruled that states can make online businesses collect sales taxes — even if they don’t have a physical presence in that…
AT&T has sealed the deal to buy Time Warner in a major piece of media and technology consolidation. The deal — which is $85.4 billion and a total of $108 billion with…
It’s been a busy year in delivery robot land. Starship Technologies sounded the starting gun to bring autonomous delivery vehicles to market with a $17.2 million round led by Daimler…
CEOs of funded startups tend to be a well-educated bunch, at least when it comes to university degrees. Yes, it’s true college dropouts like Mark Zuckerberg and Bill Gates can…
Shared housing startups are taking off
When young adults leave the parental nest, they often follow a predictable pattern. First, move in with roommates. Then graduate to a single or couple’s pad. After that comes the…
Some of the top female founders in the U.S. are backing the latest Female Founders Fund
Roughly five years after the launch of its first fund in 2013, Female Founders Fund (F3) has closed on $27 million for its latest seed fund — backed by some of the startup…
Ran Krauss and Yariv Bash, leaders at two of Israel’s hottest drone startups, are joining us in Tel Aviv
Yariv Bash, the chief executive of drone delivery startup Flytrex, wants to make drone delivery “as easy as using your iPhone“. Meanwhile, Ran Krauss, the CEO of Airobotics, has helped…
Why has San Francisco’s startup scene generated so many hugely valuable companies over the past decade?
Toast launches a new handheld device and kitchen display system for restaurants
Toast, the Boston-based technology developer for the restaurant industry, has launched a new handheld point-of-sale device and a kitchen display system to integrate the front and back of any restaurant.…
Featured Article
Investing in frontier technology is (and isn’t) cleantech all over again
I entered the world of venture investing a dozen years ago. Little did I know that I was embarking on a journey to master the art of balancing contradictions: building up experience and pattern recognition to identify outliers, emphasizing what’s possible over what’s actual, generating comfort and consensus around a maverick founder with a non-consensus…
Techtonic Group raises $2 million to transform tech hiring through apprenticeships
Creating a pathway for a more diverse talent pool to enter the technology industry has given the Techtonic Group, a development services firm that operates an outsourced apprenticeship program aimed…
Leaked Tesla email says Model 3 will go to 24/7 production
Tesla is about to ramp up production of the Model 3 sedan according to an email obtained by Jalopnik. The company shut down the sedan’s production line this week, but…
New York’s programming ed tech startup, General Assembly, sells to Adecco for $413 million
The European human resources services company Adecco Group said that is acquiring the New York-based, programming, design, and management training startup General Assembly for $413 million. With the acquisition, Adecco…
Lessons from cybersecurity exits
To: ceo@cybersecuritystartup.com Subject: Lessons from cybersecurity exits Dear F0und3r: What a month this has been for cybersecurity! One unicorn IPO and two nice acquisitions – Zscaler’s great debut on wall…
HelpSelf is a AI-assisted legal app that helps you deal with simple issues. Need protection against debt collectors? Need an expungement? Want to deal with domestic violence? This robot can…
Some folks I met in Chicago are holding an amazing event at a great place on South Canalport Avenue. This former macaroni factory now builds startups and I’ll be helping…
Interiors marketplace eporta raises $8M, led by Canvas Ventures
In this day and age of higher expectation in offices, sourcing your furniture from Ikea no longer cuts the proverbial mustard. But the furniture industry is notoriously old fashioned, forcing…
Tesla is now worth less than Ford
Tesla’s stock price is falling and in doing so, has retreated on milestones it set last year. As of publication, the company’s value is less than Ford’s for the first…
As UK fires-up private space industry, Space Camp Accelerator launches
The UK government recently passed the Space Industry Bill, covering the basics like spaceflight licensing, insurance requirements and safety commitments. It didn’t make much of a splash when it was…
VW Atlas Cross Sport concept shows hybrids have an exciting future
If this is the future of hybrids, I’m all in. Volkswagen just took the cover off its Atlas Cross Sport SUV, which features a plug-in hybrid drive powertrain that features…
Morning Brew is a daily business briefing built for millennials
What’s the best way to stay up to date on things happening within your industry? Seasoned finance professionals read the Wall Street Journal. Anyone who wants to work in politics…
Elon Musk deletes own, SpaceX and Tesla Facebook pages after #deletefacebook
Elon Musk apparently wasn’t aware that his company SpaceX had a Facebook page. The SpaceX and Tesla CEO has responded to a comment on Twitter calling for him to take…
Southern California needs to find its hub for it to develop its own tech ecosystem
Recognizing the tens of billions of dollars that the Southern Californian region leaves on the table, because it hasn’t taken its rightful place in the American technology industry, a new…
Elon Musk’s Boring Co. flamethrower ships in time for summer BBQs
Elon Musk raised a significant chunk of money for his tunnel boring venture, the aptly named Boring Company, via sales of a heavily marked up ‘flamethrower’ with Boring Co. branding.…
