Q1 was alright. Q2 and Q3 are going to suffer. Alex Wilhelm 8 hours Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re taking a look at a bit of data on the European venture capital scene in Q1. As with our
Month: April 2020
WhatsApp is deepening its collaboration with the World Health Organization as people across the globe grapple with the coronavirus pandemic. The Facebook -owned service said today it is attempting to appeal to users in a language that they speak “billions” of times a day on its platform: Stickers. The service, with more than 2 billion
Miro is a company in the right place at the right time. The makers of a digital whiteboard are seeing usage surge right now as businesses move from the workplace and physical whiteboards. Today, the company announced a hefty $50 million Series B. Iconiq Capital led the round with help from Accel and a slew
The new “normal” offers new opportunities. That’s the thinking behind a new pre-seed funding program from Heartcore Capital . The European consumer-focused VC usually invests in startups at seed and Series A, but recognising that many potential founders are in lockdown and with time of their hands, is moving to the top of the funnel
Apple plans to fix an iPhone email security bug, Magic Leap cuts 1,000 staffers and Google is requiring all advertisers to identify themselves. Here’s your Daily Crunch for April 23, 2020. 1. A new iPhone email security bug may let hackers steal private data According to security firm ZecOps, the bug is in the iPhone’s
U.S. companies rely on Mexican manufacturers for goods ranging from automotive and aerospace parts, avocados and other produce, to electronics and furniture. But the trucking system that transports these things across the border relies on an inefficient mix of paper, phone calls, faxes and too many stakeholders who drive up costs. These snarls congesting border
Today Opera Event, an influencer software service, announced that it closed a $5 million Series A. The Oakland-based startup raised the capital from new lead investor Antera, with prior investors Atlas Ventures, Everblue, and Konvoy Ventures coming along. According to Crunchbase data, Opera Event had raised at least $1.2 million before this new round. Opera
Even as Mark Zuckerberg touted the “hundreds of thousands of pieces of misinformation related to COVID-19” that the site had pulled in recent months, Facebook continued to offer targeted ads classified as “pseudoscience.” It was an odd choice from a social network so publicly declaring its own campaigns to remove junk science amid a global
At a time when more transactions than ever are happening online, payments behemoth Stripe is announcing three new features to continue expanding its reach. The company today announced that it will now offer card issuing services directly to businesses to let them in turn make credit cards for customers tailored to specific purposes. Alongside that, it’s going
A German research institute that’s involved in developing a COVID-19 contacts tracing app with the backing of the national government has released some new details about the work which suggests the app is being designed as more of a ‘one-stop shop’ to manage coronavirus impacts at an individual level, rather than having a sole function
Apple’s long-rumored Mac ARM chip transition could happen as early as next year, according to a new report from Bloomberg. The report says that Apple is currently working on three Mac processors based on the design of the A14 system-on-a-chip that will power the next-generation iPhone. The first of the Mac versions will greatly exceed
Neighborhood social network Nextdoor and Walmart are teaming up today to launch a new “Neighbors Helping Neighbors” program that will make it easier for vulnerable community members to get assistance from neighbors who are already planning a trip to Walmart. The new in-app feature will allow Nextdoor users to post to groups associated with their
Paige, the Sloan-Kettering spinout that has been building an artificial intelligence platform to improve cancer pathology and subsequently use those insights to develop better drug therapies, has raised an additional $5 million in funding to continue its work commercialising its platform and expanding its research reach, while also getting FDA clearance to launch in hospitals
Digital marketing company TapClicks announced this morning that it’s broadening its platform with the acquisition of AdStage. AdStage first launched back in 2013 as a cross-network advertising startup, eventually expanding by automating ad campaigns and consolidating marketing data. TapClicks founder and CEO Babak Hedayti told me that his goal is to build a “single, unified platform” for
Facebook today is introducing another feature aimed at making it easier to see who’s behind the posts published across Facebook and Instagram. The company says it will now display the location of the Facebook Page or Instagram account with a large audience on every post it shares, so end users have a better understanding of
Google Meet, like all video chat products, is seeing rapid growth in user numbers right now, so it’s no surprise that Google is trying to capitalize on this and quickly iterating on its product. Today, it is officially launching a set of new features that include a more Zoom-like tiled layout, a low-light mode for
SFC (formerly known as Startup Funding Club – a UK a seed stage investor – has received £10 million from British Business Investments (the commercial subsidiary of the British Business Bank), to deploy a total of £40 million across more than 100 early-stage startups in the UK. SFC intends to deploy the commitment in over
A team of researchers from Apple and Carnegie Mellon University’s Human-Computer Interaction Institute have presented a system for embedded AIs to learn by listening to noises in their environment without the need for up-front training data or without placing a huge burden on the user to supervise the learning process. The overarching goal is for
Last month, Spotify announced that as part of its coronavirus relief efforts it would soon add new fundraising features for artists on its platform. Today, the company is following through with the launch of “Artist Fundraising Pick,” a feature that allows artists to fundraise for themselves, their crews, or one of the verified music relief
Rocio Wu Contributor Rocio Wu is a venture partner at F-Prime Capital who focuses on early-stage investments in software/applied AI, fintech and frontier tech investments. While some U.S. investors might have taken comfort from China’s rebound, we still find ourselves in the early innings of this period of uncertainty. Some epidemiologists have estimated that COVID-19
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. Today we’re unpacking some new data concerning what happened to Silicon Valley’s venture capital market in Q1, with a special focus on private financings towards the end of the three-month period. If the deterioration in
Ever since it first started rolling out, 5G skeptics have attempted to link the next-gen cellular technology to all manner of health issues. Most recently, it’s become an easy scapegoat for the global COVID-19 pandemic, given the rapid rise of both. Conspiracy theories have gained such a foothold that vigilantes have taken matters into their
The Los Angeles Cleantch Incubator is rebooting its incubator program and moving from rolling applications to a cohort model beginning with sixteen new startups. Los Angeles’ not-for-profit incubator exchanges sweat equity in the form of services and office space, and the promise of $20,000 in funding for local pilot projects, for a 1.5 percent to
AWS today launched Amazon AppFlow, a new integration service that makes it easier for developers to transfer data between AWS and SaaS applications like Google Analytics, Marketo, Salesforce, ServiceNow, Slack, Snowflake and Zendesk. Like similar services, including Microsoft Azure’s Power Automate, for example, developers can trigger these flows based on specific events, at pre-set times
When Liliana Pertenava decided to go all-in on crypto by investing $2,000 in a mining rig in 2017, she went so far down the crypto rabbit-hole she decided to make a documentary about it. If you’re locked-down and looking for something to watch, you could do worse than sit down and watch “Crypto Rush“, which
Google is adding a new feature to Search that will help you keep track of all the TV shows and movies you want to watch during these long weeks at home. The company had already been offering personalized TV and movie recommendations in Search, as of an update released last fall. Building out a watchlist
Ask any woman and she will tell you that most of her bras do not fit her optimally. In fact, a majority of women end up wearing the wrong size. A large part of the problem is that sizing is standardized, unlike women’s bodies. With every passing year, more people are shopping online, meaning fewer
M&A has largely slowed down in the current market, but there remain pockets of activity when the timing and price are right. Today, Medallia — a customer experience platform that scans online reviews, social media, and other sources to provide better insights into what a company is doing right and wrong and what needs to
Facebook’s major bet on Jio Platforms could create a headache for mobile payments services that have amassed tens of millions of users while struggling to find a business model in the world’s second-largest internet market. The $5.7 billion investment, Facebook’s second-largest to date, could also further its dominance in India — its biggest market by
Google’s data centers run 24/7 and suck up a ton of energy — so it’s in both the company’s and the planet’s interest to make them do so as efficiently as possible. One new method has the facilities keeping an eye on the weather so they know when the best times are to switch to
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