Changes are incoming to draft online safety legislation in the UK which continues to attract controversy over the impact on free speech. The draft Online Safety Bill has already been years in the making but new prime minister Liz Truss signalled earlier this month that she wants “tweaks” to ensure it does not harm freedom
Month: September 2022
Swiftly Systems entered unicorn territory after announcing today that it grabbed another round of $100 million, this time in a Series C. The new funding was led by BRV Capital Management. If you’re feeling some déjà vu, you would be right: this is the second $100 million the retail technology company has raised in the
For more than half a decade, Zopper built a platform for small and medium-sized businesses, helping merchants with invoicing and payments through its point-of-sale platform. It sold that IP to PhonePe in mid-2018, but instead of joining the fintech giant, Zopper has been working on a new venture from scratch and independent of PhonePe. That
The world is headed for a food shortage by 2050 as its population increases, so anything to make it easier for farmers to grow food will go a long way. That’s what InnerPlant founder and CEO Shely Aronov is trying to do with her startup that uses plant physiology to gather loads of data to
When it comes to fintech, consumers have commanded the most attention in the last decade, with banking, credit, investing and other legacy services getting the disruption treatment. But at the same time, there’s been a growing trend for building more for the B2B market, and today one of the newer hopefuls in that space is
After initially disabling the capability, OpenAI today announced that customers with access to DALL-E 2 can upload people’s faces to edit them using the AI-powered image-generating system. Previously, OpenAI only allowed users to work with and share photorealistic faces and banned the uploading of any photo that might depict a real person, including photos of
Xpeng, a Chinese smart electric vehicle startup, has launched its anticipated advanced driver assistance system (ADAS) that automates some driving functions in urban environments. City Navigation Guided Pilot (City NGP), an expanded version of Xpeng’s NGP, which performed tasks like assisted driving on highways based on the navigation route set by the driver, is being
The ways in which we live and get around have evolved over the past few decades. For example, sales of e-bikes are outpacing sales of electric cars in the U.S., according to recent research. And, pre-fabricated and manufactured homes are gaining in popularity as housing shortages persist globally. It appears that their popularity is no
Car companies and battery manufacturers have scrambled over the last few years to secure critical minerals supplies, a race that’s only gotten more intense as consumers snap up every EV that comes off the production line. Demand is so high that the International Energy Agency believes the critical minerals market will grow sevenfold by the
Swedish last-mile delivery companies Instabox and Budbee have have announced plans to merge in a 18 billion krona ($1.7 billion) deal. The two companies, which were both founded out of the Stockholm area in 2015, serve as the delivery and logistics partner for major brands including multinational clothing retailer H&M, offering delivery services directly to
Apple has had support for eSIM since the iPhone Xs/XR, but this year it is going all in by ditching the physical SIM card slot for all iPhone 14 versions sold in the U.S. While models sold in other countries will have support for both physical and virtual SIM, Apple could eventually remove the SIM
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There’s never a dull moment in the cryptoverse. Blockchain, DeFi and web3 technologies continue to evolve rapidly in a world of wild extremes. How extreme? Consider these two examples. The Terra ecosystem disappears in a multi-billion-dollar crash-and-burn while traditional investment firm Andreessen Horowitz closes a $4.5 billion crypto megafund. Then you have crypto’s ongoing regulatory
Michael Seibel is synonymous with Y Combinator’s growth over the past decade. He has opinions on bigger batch sizes, a growing standard deal, competition, the power of venture capital and why startup founders should be prioritizing more than just a check after Demo Day. Seibel spoke to TechCrunch’s Equity podcast, co-hosted by Natasha Mascarenhas and
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of
Investors don’t care about your product. Not really. Haje Jan Kamps 8 hours Investors think a great deal about a great number of things when considering an investment: How big is the market? How good is the founder-market fit? Is it venture-scale? It’s natural for founders to live and breathe for their customers and product,
Welcome to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. Too many subscriptions? Many of us are feeling this way, and so are companies: In a downturn, cutting unnecessary expenses is more important than
Hello, friends! Welcome back to Week in Review, the newsletter where we quickly sum up the most read TechCrunch stories from the last sevenish days. The goal? Even if you’ve had a busy week, a quick skim of WiR should keep you in the (tech) loop. Want it in your inbox every Saturday? Sign up
Getting a bunch of bananas and avocados from your favorite 15-minute grocery delivery company at 3 a.m. might be the greatest thing since sliced bread, but some of these companies are finding themselves in somewhat of a cost-related pickle in such a low-margin business. While covering the recent news of Misfits Market acquiring Imperfect Foods,
This ETH merge, are you a baker, shaker, staker or maker? If you are into web3, the biggest news of the week in tech was not the massive Figma-Adobe deal. No, the leading story of the last few days — arguably even the last few weeks — has been the Ethereum Merge. The Merge, an
Meet Prediko, a new startup that sits at the intersection of e-commerce, fintech and software as a service. If you’re manufacturing items or even just buying and reselling finished goods, chances are inventory management is one of the biggest pain points when it comes to running your business. For instance, when you launch a new
Let’s pretend, for a minute, that you’re Apple. You didn’t create the smartwatch market, but you currently control more than one-third of it. You’re caught up in a yearly refresh cycle (of your own design). It’s not easy, but you’re used to it. That’s how your hardware — and pretty much everyone else’s — operates.
The biggest open secret in short form video has nothing to do with the algorithm. The secret is that you can’t get rich on TikTok, because even the most viral creators earn a negligible portion of their income from the platform itself. TikTok remains hugely dominant over the copycat short form video feeds that competing
Video of a sidewalk delivery robot crossing yellow caution tape and rolling through a crime scene in Los Angeles went viral this week, amassing more than 650,000 views on Twitter and sparking debate about whether the technology is ready for prime time. It turns out the robot’s error, at least in this case, was caused
One could probably argue that Floodgate, the Bay Area-based seed-stage venture firm, punches above its weight. The roughly 15-year-old firm has just around $500 million in assets under management — including a $150 million fund that it quietly closed in January — and it makes just a handful of new investments each year. Yet with
First Star, backer of deep tech startups like Plus One and Fyto, aims to raise as much as $40 million for its third venture fund, TechCrunch has learned. Based in Cambridge, Massachusetts, First Star typically backs robotics, blockchain, AI and machine learning-focused startups at the early stage. The firm has not disclosed a first close
Tech-talent marketplace MVP Match has raised €5 million ($5 million) seed funding from Stage 2 Capital to double down its strategy for pairing companies with talent from across the globe. The Germany-based startup plans to use the funding to build new hubs in Africa and Europe, grow its team, and relaunch its proprietary platform to
Escend is a U.K.-based startup that must have figured that scooters were too big, instead deciding to shrink micromobility even further (what are we calling this — picomobility?), adding a battery pack and motors to rollerblades. The company started selling its ‘blades today. The blades use regenerative braking, and have been designed to last; between
“Blade Runner” is getting its own limited series on Prime Video. Amazon confirmed to TechCrunch that the streaming service announced today it greenlit “Blade Runner 2099,” the first time the sci-fi franchise is getting a live-action TV show. Last year, Adult Swim made an anime series called “Blade Runner: Black Lotus.” The Hollywood Reporter initially
Last month, Varo Bank celebrated the two-year anniversary of obtaining its national bank charter. The move made Varo the first-ever all-digital nationally chartered U.S. consumer bank. The startup launched its banking services aimed at younger consumers comfortable doing all their banking online in 2017. It has raised nearly $1 billion since its 2015 inception and
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