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Verity raises $32M as IKEA stores deploy its inventory drones
There’s no shortage of startups attempting to put drones to work. There is, however, a longstanding question around the efficacy of such plans. Drones — especially the smaller variety —
Zilliz, the startup behind the Milvus open source vector database for AI apps, raises $60M, relocates to SF
In 2020, Chinese startup Zilliz — which builds cloud-native software to process data for AI applications and unstructured data analytics, and is the creator of Milvus, the popular open source ve
This Week in Apps: Twitter Notes, Instagram age verification, Spotify’s Live Events
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a re
IKEA rolls out an AI-powered interactive design experience for shoppers
Today, IKEA is launching a new AI-driven interactive design experience called IKEA Kreativ for IKEA.com and the IKEA app. With the new feature, U.S. customers can design and visualize their own living
Productsup raises $70M to help retailers navigate sales strategies in the choppy world of e-commerce
To many people, e-commerce is synonymous with shopping on Amazon, but the reality is that a retailer has the option to use a bundle of different channels to sell and market products — and many d
Sequoia Capital India, STV back Dubai-based BNPL provider tabby in $54M extension round
Tabby, the Dubai-based buy now, pay later (BNPL) platform that lets users shop, pay later and earn cash from over 3,000 global brands, including Adidas, IKEA and Bloomingdale’s, has completed a
Clikalia clicks on $86M to expand its iBuyer marketplace across Europe and Latin America
Companies like Opendoor opened the door to a new way of buying and selling properties by inserting a strong middle player who could buy houses or apartments and redevelop them at scale, and then sell
Jobandtalent raises $500M Series E to keep scaling its ‘workforce as a service’ marketplace
Spain’s Jobandtalent — a “workforce marketplace” and digital temping agency that uses AI to match workers to casual labor gigs in sectors like warehousing, e-commerce and logis
IKEA will sell clean energy to Swedish homes
IKEA won't just sell you smart lights — it'll soon sell you the electricity to power those lights, too. IKEA has revealed plans to sell clean energy to Swedish homes through a subscription service.
Artisan home decor retailer The Citizenry raises $20M in Series B funding
The Citizenry announced today that it raised $20 million in Series B funding in partnership with NextWorld Evergreen. A direct-to-consumer home decor retailer, The Citizenry works with artisans from a
Sonos and Ikea’s latest collaboration is a picture frame speaker
Following a smattering of leaks, Sonos and Ikea just unveiled the newest addition to their three-year-old Symfonisk line of home speakers. As the name implies, the Picture Frame is a medium-size, flat
Fintech giant Klarna raises $639M at a $45.6B valuation amid ‘massive momentum’ in the US
Just over three months after its last funding round, European fintech giant Klarna is announcing today that it has raised another $639 million at a staggering post-money valuation of $45.6 billion. Ru
Google Cloud Run gets committed use discounts and new security features
Cloud Run, Google Cloud’s serverless platform for containerized applications, is getting committed use discounts. Users who commit to spending a given amount on using Cloud Run for a year will g
Final-mile fulfillment startup parcelLab closes $112M Series C funding led by Insight Partners
Munich-based parcelLab, which offers a final-mile fulfillment service for online retailers, has closed a $112 million (GB£80 million) Series C funding round led by the U.S. VC/PE firm Insight Partner
Instreamatic, which inserts interactive voice ads into audio streams, raises $6.1M Series A round
Interactive voice advertising startup Instreamatic, which can insert interactive voice ads into an audio stream, has raised $6.1 million in a Series A funding led by Progress Ventures, joined by Accom
Swedish battery manufacturer Northvolt receives a $14 billion order from VW
Northvolt, the Swedish battery manufacturer which raised $1 billion in financing from investors led by Goldman Sachs and Volkswagen back in 2019, has signed a massive $14 billion battery order with VW
MadeiraMadeira, Brazil’s answer to Wayfair and Ikea, is now worth over $1 billion
MadeiraMadeira, the Brazilian answer to Wayfair or Ikea, is now worth $1 billion after raising $190 million in late stage financing from investors led by SoftBank’s Latin American investment fun
TaskRabbit is resetting customer passwords after finding ‘suspicious activity’ on its network
TaskRabbit has reset an unknown number of customer passwords after confirming it detected “suspicious activity” on its network. The IKEA-owned online marketplace for on-demand labor said i
Despite limitations, 3D and AR are creating new realities in retail
“Within the next five years, I think we're going to see that having AR and 3D on your dot-com and beyond will be mandatory.”
Hover secures $60M for 3D imaging to assess and fix properties
The U.S. property market has proven to be more resilient than you might have assumed it would be in the midst of a coronavirus pandemic, and today a startup that’s built a computer vision tool t