Month: May 2023

Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in a little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B funding, led by Headline Asia. Participation came from returning investor Monk’s Hill Ventures, which led Jenfi’s Series A two years ago, ICU Ventures, Granite Oak, Korea
0 Comments
Vice was valued at $5.7 billion just six years ago, eyeing a potential IPO. Now, the trendsetting media company has filed for Chapter 11 bankruptcy. The company’s lenders — Fortress Investment Group, Soros Fund Management and Monroe Capital — have agreed to purchase the company for $225 million. That’s only about 4% of the company’s
0 Comments
Robin Godenrath Contributor Robin Godenrath is founding partner and managing director at Picus Capital. His focus is early-stage technology investments, particularly in HR tech, robotics, and healthcare industries. Alex Rohregger Contributor The United States and China have long been ahead of the pack when it comes to robotics funding. However, data from 2022 is showing
0 Comments
Welsh in-space manufacturing startup Space Forge has developed a satellite reentry system to enable rapid recovery and reuse of its in-space manufacturing spacecraft. The new system, which includes a heat shield and a water vehicle designed to soften the spacecraft’s landing, will be incorporated into the company’s in-space manufacturing satellite platform called ForgeStar. As opposed
0 Comments
Amazon has reached a deal with Embracer Group, the company that holds the IP rights for “The Lord of the Rings” and “The Hobbit,” to release a massively multiplayer online (MMO) game based on the works of J.R.R. Tolkien. The upcoming game will be an open-world MMO adventure set in Middle-earth, featuring the stories of
0 Comments
Oghenetega Iortim built Nigerian-based cold chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the post-harvest losses from his fresh agro-produce venture. Figorr (previously Gricd) runs IoT-powered solutions that provide businesses, especially those in healthcare and agriculture, with key data such as location, humidity, and temperature of highly-perishable products,
0 Comments
Smart, a London-based startup that helps employers and their employees manage and monitor their pensions, said that it has closed $95 million in Series E funding. It plans to use the capital to expand its international footprint and make acquisitions, it said. Aquiline Capital Partners, a new backer, led the investment, with previous investors Barclays,
0 Comments
Camille Stewart Contributor Camille Stewart is the White House Deputy National Cyber Director for Technology and Ecosystem Security. Thomas Peng Contributor Thomas Peng is the Chief of Operations and Administration at the United States Peace Corps. Dear Tech Workers,  Careers are defined by moments. Sometimes, these moments are meticulously planned out, and carefully strategized —
0 Comments
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. This week, I look into three topics that don’t have to be an “either/or” situation: France or the U.K.; product-led or sales-led; psychedelics medicine
0 Comments
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior reporter Natasha Mascarenhas.  Startups Weekly readers know I love a pivot story, and now I have one of my own: I’m leaving TechCrunch! This is my last Startups Weekly issue, a newsletter that I’ve written every week for over
0 Comments
Airbnb CEO Brian Chesky joins Bloomberg’s Emily Chang and Caroline Hyde to discuss why Airbnb is revamping the home-rental platform in an effort to ease mounting tensions between guests and hosts ahead of what it expects to be a busy summer travel season. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch
0 Comments
Shortly after last week’s joint announcement which saw Apple and Google teaming up on Bluetooth tracker safety measures and a new specification, Google today introduced a series of improvements coming to its own Find My Device network, including proactive alerts about unknown trackers traveling with you with support for Apple’s AirTag and others. The news,
0 Comments
Michael Beckley Contributor Michael Beckley is a co-founder and CTO of Appian, where he drives the technical vision for the company, leads product and solutions marketing teams, and oversees customer initiatives. When the economy is tight, financial institutions are faced with several mutually-reinforcing challenges. The temptation for bad action on the part of customers increases.
0 Comments