As competition heats up for creator talent, Pinterest today announced it was more than doubling its initial investment in its Creator Fund with an additional $1.2 million in a combination of cash grants, ad credits, and other creator resources for underrepresented groups. The comapny last year announced the debut of its $500,000 Creator Fund alongside
Month: March 2022
It’s no secret that digital supply chains are increasingly under attack as hackers look to use this vector to get access to company networks and confidential information. But that also means businesses have to figure out ways to secure their assets even when they sit outside of the attack surface they would traditionally focus on.
When we started covering Builder.ai a few years ago, the startup was tapping into a new wave of businesses wanting their own native apps. The previous wave of agency-built and outsourced apps was waining, and Builder.ai realized it could tap into this trend by creating a turnkey, almost drag and drop approach, at least on
Turns out the smartphone market can still surprise — to an extent. You can almost certainly figure out which two companies command the first and second position in the U.S. market these days. You would, however, be forgiven for doing a double-take after hearing that Motorola has managed to shore up third place, according to
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and welcome to Daily Crunch for Tuesday, March 29, 2022! Haje and I are now flying solo with the newsletter. It will be all hands on deck today and tomorrow as
Day one of Y Combinator’s Demo Day confab for the Winter 2022 batch is over. We shook up our coverage this year, divvying things up by sector and geography. Our goal was to avoid a huge list, the sort that we compiled in years past. TechCrunch has notes on the ever-growing contingent of companies from
TikTok today is announcing a new in-app creation tool called TikTok Library, which the company hopes will make it easier for creators to access entertainment content and participate in trends. Initially, the Libary will be populated with select content from GIPHY, including its collection of GIFs with sound, known as GIPHY Clips. Over time, TikTok
There’s no textbook-approved technique for building a startup engineering team: in the early days, everyone wears several hats. But when a company enters its growth phase, the recruiting process is systematized, new hires are sorted into discrete units, and a thin layer of management is applied to keep everything on track. When Jean-Denis Greze accepted
Talenthouse AG has made a name for itself as an aggregator of content creators, which is then commissioned by brands for their own social media channels. Brands just can’t seem to come up with the same kind of authenticity, so they farm it out in this manner. But business is going well, so Talenthouse is
China’s augmented reality startup Nreal is on a roll. The company, which hopes to bring AR to the masses by making bright-color, lightweight smart glasses, has just received $60 million in a Series C extension round, bringing its total funding in the last 12 months to a handsome $200 million. The new investment is led by
You can “collab” on Instagram, but what about on Twitter? The social network is continuing to work on a feature that would allow multiple users to co-author a tweet, which it’s referring to as “Collaborations.” The option has yet to be made publicly available and only works after one user accepts a request to collaborate
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Michael Redd Contributor Michael Redd spent 12 seasons playing in the NBA and on the U.S. Olympic team. He is now co-founder and chairman of 22 Ventures. More posts by this contributor 3 warning signs that your investor will leave you on the sidelines Startup accelerators are increasingly putting the brakes on demo days. The
Andrew Gershfeld Contributor Andrew Gershfeld is a partner at Boston-based Flint Capital, an investment company supporting entrepreneurs from Israel, Europe and the U.S. at an early stage of their business. Around May 2020, nearly everything moved online, and investment pitches were among the first to do so. The entire milieu around startup funding shifted overnight.
Meta, formerly known as Facebook, is introducing several new features and shortcuts to its Messenger app. Most notably, the company is adding a new Slack-like “@everyone” functionality that will notify all participants in a chat about a new message. Meta notes that the new feature is perfect for group reminders, get-togethers or when you’re asking
Furniture is one of the largest waste categories in the U.S., generating more than twelve million tons of waste in landfills every year, according to 2018 data by the Environmental Protection Agency. Kaiyo, an online marketplace for second-hand furniture, says it has helped the impact by keeping nearly three million pounds out of landfills since its
Liberty Strategic Capital, the private equity firm launched last year by former treasury secretary Steven T. Mnuchin, announced today that it is acquiring a majority stake in mobile security startup Zimperium for $525 million. With Zimperium, the firm takes a dive into mobile security, which Mnuchin sees at the front line of cyber security today.
Weaver, a London-based marketplace and SaaS contract negotiation platform for matching homeowners/architects planning major home renovation projects with vetted contractors, has closed a $4 million seed round to expand nationally. The round was led by European VC btov Partners, with participation from FJ Labs, Enterprise Fund (a syndicate of former Atlassian & Docker executives) and
The adoption of buy now, pay later (BNPL) in Nigeria as a payment option both online and at the point of sale is expected to record a CAGR of 20% from 2021 to 2028, per this report. BNPL’s growth is further highlighted as GMV is predicted to increase from $204 million to over $1 billion
Having reliable transportation is at the top of any gig worker’s list, but in Latin America, that’s not always easy to secure. Chile-based Migrante is working to change that. Initially starting in Venezuela, now with $30 million in Series A funding and $80 million in a debt facility, it is moving into both Colombia and
TikTok is testing a new “watch history” feature with some users to allow them to find videos that appeared on their “For You” page that they didn’t have a chance to save. Given the constant stream of content on TikTok, accidentally refreshing your “For You” page and losing a video before you’ve had a chance
Celonis, the process mapping startup, has been on a nice run the last several years, forging significant partnerships with IBM and ServiceNow, while announcing a $1 billion Series D last June on a massive $11 billion valuation. With that kind of capitalization, the company decided to expand its reach today when it announced the acquisition
Mobile dominates the world of gaming, with smartphone and tablet games generating $93.2 billion in revenues in 2021, more than console ($50.4 billion) and PC ($36.7 billion) combined according to gaming market research firm Newzoo. And that’s before you consider the thousands of popular apps out there that are not strictly games but rely heavily
Meet the Devialet Dione, a brand new speaker from high-end speaker manufacturer Devialet. With this new product, the company is entering a new market — home cinema sound systems. The Devialet Dione is an all-in-one soundbar compatible with Dolby Atmos 5.1.2 and it costs $2,400 (€2,190). “We are at the high end of the market
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Hello and welcome to Daily Crunch for Monday, March 28, 2022! Alas, I knew this day was coming, and here it is. Christine and Haje are taking over my bits of Daily
Singapore-headquartered esports startup Ampverse has raised $12 million in Series A funding led by Falcon Capital. The company says this is the largest Series A raised by an esports organization in Southeast Asia, based on data from PitchBook and other third-party platforms. The round will be used to expand in Indonesia and the Philippines, acquire
Instagram is testing a new feature that will make it easier for users to discover and support social causes directly through hashtags, the company announced on Monday. Now, when you search for specific hashtags associated with certain social movements, you’ll have the option to support them through new options. Once you get get to a
The lowly breaker panel has been around for a century without getting much love, and along comes Span. The company is making a compelling bid for better, smarter electrical panels, and just got a $90 million top-up to continue its evolution. The company is solving the challenges of electrification and micro-grid balancing, ensuring that the
Hello and welcome back to Found, the podcasts where we tell the stories behind the startups. This week Darrell and Jordan talked with Laura Crabtree, the co-founder and CEO of Space SaaS company, Epsilon3 which helps companies run their complex engineering, testing, and operational procedures. Here’s a sneek peak into what they get into in
Sourceful, an Index Ventures backed supply chain transparency startup, has fast-fuelled with a $20 million Series A around half a year after it announced a $12.2M seed round. The latest raise is once again led by Index, with Coatue and Eka Ventures also participating. The 2020-founded startup works with brands to shrink the environmental damage
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