Softbank

SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages

SoftBank has been quite bullish on Bear Robotics this year, beginning with leadership in a $32 million Series A back in January. It’s easy to see why the investment firm believes that this is the br

Arm co-founder starts ‘Save Arm’ campaign to keep independence amid $40B Nvidia deal

Arm Holdings, the U.K. semiconductor company, made history for the second time today, becoming the country’s biggest tech exit when Nvidia announced over the weekend that it would buy it from So

Nvidia confirms $40B purchase of Arm, bringing together two chip giants

After weeks of on-and-off speculation, Nvidia this evening confirmed that it intends to buy chip design giant Arm Holdings for a total of up to $40 billion from existing owner SoftBank, which bought t

London VCs launch joint initiative to expand funding opportunities for underrepresented founders

UK investors have come together to create a new virtual pitching event designed to address the problems with the current startup ecosystem that can lead to inequalities and “warm intros” m

Carbon Health to launch 100 pop-up COVID-19 testing clinics across the US

Primary care health tech startup Carbon Health has added a new element to its “omnichannel” healthcare approach with the launch of a new pop-up clinic model that is already live in San Fra

The future of retail and office space is up in the air, and proptech investors are optimistic

The malls and grocery stores of the 20th century are being converted into industrial conveyor belts of goods and services traveling from the internet to your home.

India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

India has a new startup unicorn. On Wednesday, Bangalore-based online learning startup Unacademy announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $

Daily Crunch: Epic Games escalates legal battle with Apple

The battle between Epic Games and Apple continues, Facebook faces criticism in India and Pinterest appoints its first Black board member. This is your Daily Crunch for August 17, 2020. The big story:

Amex acquires SoftBank-backed Kabbage after tough 2020 for the SMB lender

Small and medium businesses have been some of the hardest hit in the coronavirus pandemic, and in many cases that has had a knock-on effect on the companies that provide services to them. Now, a start

AutoX launches its RoboTaxi service in Shanghai, competing with Didi’s pilot program

Autonomous vehicle startup AutoX announced the public launch of of its self-driving taxi service in Shanghai today. Called simply RoboTaxi, AutoX’s offering already faces competition from Didi, Chin

Beware bankers talking TikTok

The next few weeks are going to be critical for ByteDance -owned TikTok . The company is weeks away from a ban signed by President Trump, and while the company is expected to sue the U.S. federal gove

After Shopify’s huge quarter, BigCommerce raises its IPO price range

When BigCommerce, the Texas-based Shopify competitor, first announced an IPO price range, the numbers looked a little light. With a range of just $18 to $20 per share, it appeared that the firm was ta

Boston Dynamics CEO Rob Playter is coming to Disrupt 2020 to talk robotics and automation

Back in January, Robert Playter became the CEO of Boston Dynamics. It was a momentous occasion, marking the company’s first new CEO since its founding in the early 1990s when the company was founded

BigCommerce files to go public

As expected, BigCommerce has filed to go public. The Austin, Texas, based e-commerce company raised over $200 million while private. The company’s IPO filing lists a $100 million placeholder fig

Arm plans to spin off IoT businesses under SoftBank banner as it focuses on core chip design business

Arm today announced plans to spin off its two IoT businesses, a move that would effectively transfer the divisions under the broader umbrella of the SoftBank Group core, which purchased the chip desig

Watch an army of Spot and Pepper robots cheerlead a baseball game in an empty stadium

The UK government to acquire satellite company OneWeb in deal funded in part by India’s Bharti Global

Distressed satellite constellation operator OneWeb, which had entered bankruptcy protection proceedings at the end of March, has completed a sale process, with a consortium led by the U.K. Government

Insurtech unicorn Lemonade raises IPO range ahead of debut

Ahead of its expected IPO pricing later today, SoftBank-backed insurtech startup Lemonade has raised its expected price range. After initially targeting $23 to $26 per share in its debut, Lemonade now

Chinese online learning app Zuoyebang raises $750M

Zuoyebang, a Beijing-headquartered startup that runs an online learning app, said on Monday it has raised $750 million in a new financing round as investors demonstrate their continued trust in &#8212

Daily Crunch: SoftBank founder leaves Alibaba board

SoftBank and Alibaba seem to be pulling apart, Amazon launches a no-code app builder and a new congressional bill takes a different approach to online protections. Here’s your Daily Crunch for J
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