Netflix announced during its Upfronts presentation on Wednesday that it’s launching its own advertising technology platform only a year and a half after entering the ads business. This move pits it against other industry heavyweights with ad servers, like Google, Amazon and Comcast. The announcement signifies a significant shake-up in the streaming giant’s advertising approach.
Month: May 2024
Embedded finance is usually what we hear about when brands and non-financial businesses want to offer financial products or services — like banking, insurance, lending and payments — to provide a better user experience for customers. Layer is leaning into that better user experience, but with embedded accounting. Its customers are those, like Square or
TechCrunch Disrupt, our flagship startup event held annually in San Francisco, is back on October 28-30 — and you can expect a bustling crowd of thousands of startup enthusiasts. Exciting news! We’re thrilled to unveil the near-complete agenda for the Builders Stage, the culmination of months of hard work. This is just one of six
Nicholas Johnson founded a company because he lost a bet. Johnson was having dinner with some investors in Lyt, a road congestion management company he had co-founded. As the dinner conversation meandered, it settled on EV charging and how best to bring it to multi-family housing. Apartment dwellers who own EVs are often left with
Climate change is not just about removing carbon from the atmosphere or making more fuel efficient cars. It’s also about the food we eat. That’s the focus of PeakBridge, a global fund manager in the agri-foodtech sector. It recently closed on $187 million in capital commitments for its PeakBridge Growth Fund II to invest in
Go Digit, an Indian insurance startup, has raised $141 million from dozens of investors as part of an initial public offering that starts on Wednesday. Fidelity, Goldman Sachs, Morgan Stanley, Abu Dhabi Investment Authority, Bay Pond, Mirae Asset Management, Steadview Capital, and HSBC, as well as Indian mutual funds operated by SBI, ICICI, Axis, Tata
Looking Glass makes trippy-looking mixed-reality screens that make things look 3D without the need of special glasses. Today, it launches a pair of new displays, including a 16-inch mode that runs $4,000. There’s also a 32-inch display, with a ‘if you have to ask how much it costs you can’t afford it’ price tag. The
Google’s upgrading its image generation tech to keep apace with rivals. At the company’s I/O developer conference in Mountain View on Tuesday, Google announced Imagen 3, the latest in the tech giant’s Imagen generative AI model family. Demis Hassabis, head of DeepMind, Google’s AI research division, said that Imagen 3 more accurately understands the text
When Keith Rabois announced he was leaving Founders Fund to return to Khosla Ventures in January, it came as a shock to many in the venture capital ecosystem — and not just because Rabois is a big name in the industry. It was surprising because unlike in many other fields, venture capitalists don’t traditionally move
Sona, a workforce management platform for frontline employees, has raised $27.5 million in a Series A round of funding. More than two-thirds of the U.S. workforce are reportedly in frontline jobs, which might be anything from customer service and healthcare to retail environments and hospitality. But managing this vast workforce, ensuring roles are filled and
It’s that moment you’ve been waiting for all year: Google I/O keynote day! Google kicks off its developer conference each year with a rapid-fire stream of announcements, including many unveilings of recent things it’s been working on. Brian already kicked us off by sharing what we are expecting. Since you might not have had time
Google’s gunning for OpenAI’s Sora with Veo, an AI model that can create 1080p video clips around a minute long given a text prompt. Unveiled on Tuesday at Google’s I/O 2024 developer conference, Veo can capture different visual and cinematic styles, including shots of landscapes and time lapses, and make edits and adjustments to already generated footage.
If you use Slack at work, you’ve likely noticed that the number of channels you’re invited to proliferates incessantly. David Sacks, one quarter of the popular “All In” podcast and a renowned serial entrepreneur whose past companies include Yammer – an employee chat startup that sold to Microsoft for $1.2 billion in 2012 – says
Harness Lab isn’t founder Jyoti Bansal’s first startup. He sold AppDynamics to Cisco for $3.7 billion in 2017, the week it was supposed to go public. His latest venture has raised $425 million, per Crunchbase. On Tuesday, Harness announced $150 million in debt financing, essentially a line of credit that the company can draw on
Blisce has become the latest VC firm to launch a fund dedicated to climate tech, for which it plans to raise as much as €150 million (about $162 million). The firm is hiring investor Pierre-Edouard Berion to lead the fund, and Lucie Basch, the co-founder of Too Good To Go, is going to support the
Early-stage rounds continue to account for the majority of investments in the European startup market, and on Tuesday one of the biggest firms in the region announced a new fund to bolster that trend. Accel has raised $650 million to back startups from seed to Series A across the U.K., the Continent and Israel. The
Maad, a B2B e-commerce startup based in Senegal, has secured $3.2 million debt-equity funding to bolster its growth in the western Africa country and to explore fresh opportunities in the wider Francophone region. The seed round was led by Ventures Platform, with participation from Seedstars International Ventures, Reflect Ventures, Oui Capital, Launch Africa, Voltron Capital
StrictlyVC events deliver exclusive insider content from the Silicon Valley and global VC scene while creating meaningful connections over cocktails and canapés with leading investors, entrepreneurs and executives. And TechCrunch is excited to join forces with key players in the London investment community at our next StrictlyVC event. We’re pleased to have Saul Klein, co-founder
We received countless submissions to speak at this year’s Disrupt 2024. After carefully sifting through all the applications, we’ve narrowed it down to 19 session finalists. Now we need your help to choose who will actually speak at the conference! Vote for the sessions you most want to see at Disrupt in October. You can
Pepper, the e-commerce platform for food distributors, continues to edge into Sysco and US Foods territory by giving smaller, independent distributors a technology leg up. The company developed an ordering system specifically for independent food distributors that supports catalogs of over 100,000 items and enables these companies to launch mobile apps and websites so that
Buy-now-pay-later services have become so ubiquitous that BNPL may as well just be another way to say ‘debt.’ But in Mexico, where BNPL platform Aplazo operates, a large underbanked population makes BNPL more like an alternative to cash. The four-year-old Mexican fintech startup facilitates fractionated payments to offline and online merchants even when the buyer
Fast consumption and waste generation run rampant in all industries, but it’s particularly true around baby equipment. Tiny humans get big fast, and parents might be nervous to buy used items (“Is that high chair really sanitized?”) and are often too stressed out to think about what to do with the equipment the little tyke
At the start of the year, Tesla’s Supercharger team was tasked with the impossible. “We were on an exponential path,” a former team member told TechCrunch, adding that the new targets were “super-duper crazy.” Despite the bottlenecks that such expectations can create, “every time they upped the metric, we met it.” Then, one day in
In the third episode of “Creative Dialogues,” an interview series produced by the filmmaking division of generative AI startup Runway, multimedia artist Claire Hentschker expresses a fear that AI will commoditize the artistic process to the point where art homogenizes, regressing to a sort of derivative sameness. “Are you getting this increasingly narrower average of
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $275 million in a new funding round, the company disclosed in a securities filing. The new funding is part of a larger financing round that is likely to include secondary transactions and balloon to over $500 million, people familiar with
Bluesky is now allowing users to personalize their main Discover feeds. The social network is rolling out an updated version of its app that lets users offer feedback about its algorithmic feed so they can better customize it using “Show more like this” and “Show less like this” buttons in a post’s menu to choose
Back in September 2021, Cloudsmith raised $15 million in Series A funding for its cloud platform that manages companies’ software supply chains. At the time, that was the largest Series A round for a Northern Ireland company since 2005, so it definitely got something right! I was delighted to look over Cloudsmith’s deck to see
Welcome to Startups Weekly — Haje‘s weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. Look, I know this is our startups weekly newsletter, and as the most valuable company in the world, Apple is kind of the ultimate “not a
Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack also participated. The breakneck pace is more than a subtle indication that investors’ appetite for tech-focused solutions to the woes of the American industrial base
Smart ring maker Oura is launching two new features focused on heart health, the company announced on Friday. The first claims to help users get an idea of their cardiovascular age, while the second feature aims to estimate their cardio capacity. Depending on a person’s results, Oura will offer strategies on how to sleep, move,
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