SoftBank Robotics Europe is now Aldebaran (again)
Its 2015 acquisition of Aldebaran didn’t go as smoothly as SoftBank hoped. At the time, the French robotics startup was best known for its Nao, which had become a fairly ubiquitous presence in resea
DTCP taps SoftBank as an anchor LP for its next $500-600M fund
Last week, we got a glimpse of how SoftBank is pulling away from some of its more exuberant investing of the past years, when news broke that it had sold its entire stake in edtech startup Kahoot, at
SoftBank-backed Ola to cut 200 jobs in India
SoftBank-backed Ola plans to eliminate about 200 jobs across its engineering teams over the next few days, on track to shrink its workforce by over 1,200 this year, as the ride-hailing giant streamlin
Stockholm’s EQT Growth closes $2.2B to fund scaling European startups like Vinted, Mambu and Epidemic Sound
The days of European startups relocating to the U.S. if they want to grow (and raise money to do so) have been receding in the rearview mirror for a while now, so much so that even in these leaner tim
Kenya’s HotelOnline acquires hospitality software company HotelPlus
HotelOnline, a Kenya-based Yanolja-backed travel technology scale-up that fashions itself as an e-commerce and digital marketing enabler in the hospitality industry, has acquired HotelPlus, a software
Waysia raises €10M to deliver Asian grocery in Europe
COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such startup that retooled in
Have you marked down your portfolio yet? You are running out of time to hide
To mark down your portfolio or not mark down your portfolio? That is a question many venture capitalists are grappling with right now.
Gopuff to pull out of Spain as q-commerce belt tightening continues
The q-commerce belt tightening continues: U.S. category veteran Gopuff, the SoftBank-backed delivery platform juggernaut — which was being valued at $15 billionN as recently as 2020, and had bee
Investors detail their red (and green) flags for startups seeking venture dollars
TechCrunch sat down with several investors to hear how they're looking at the funding environment today and what their red flags -- and green flags -- are for startups looking to raise another round.
What’s a crypto exchange worth?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Alex was back with Grace and our new producer to kic
This new $100M fund plans to focus on startups accelerating the science around longevity
Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups can range from
SoftBank, Sequoia China back this ERP startup enabling China’s online exporters
Thanks to cross-border e-commerce platforms, China continues to be a major exporter of consumer goods for the world in the online shopping age. It’s not just marketplaces like Amazon and AliExpr
The phishing catch of the day is Twillio (and other TC news)
This week on the TechCrunch Podcast Natasha Mascarenhas is back to talk about VC-backed aperitif company Haus being forced to sell. Then we’re joined by Carly page to talk about a recent phishing ca
So, when is the SoftBank Execution Fund III dropping?
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann worked with Grace to record yet
Daily Crunch: ‘Winter may be longer’ because unicorns won’t accept down rounds, says SoftBank leader
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Losses at SoftBank’s Vision Funds have consumed nearly all their historical gains
The Vision Fund was always a funded vision; today we learned just how cloudy that perspective is proving.
How to lose money, SoftBank edition
Alex and Grace are back to cover the biggest and most interesting technology, startup and market news. This morning was a fun mix of stuff that we don’t always get to, so strap in for the foll
SoftBank cautions longer startup winter because unicorn founders are unwilling to cut valuations
Masayoshi Son, founder and chief executive of SoftBank Group, which reported a quarterly loss of more than $23 billion, is worried that the funding winter for startups may continue for longer. The 64-
Tech’s riskiest founders are getting a $650 million bet from Redpoint Ventures
For venture investors, noise is ironically important. Wading through constant streams of capital-seeking founders and startup pitches may be the hardest part of the job, but it’s also imperative to
Jack Ma to give up control of fintech giant Ant Group: WSJ
China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reporte