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ICON, a construction tech company that’s raised more than $400 million in funding, has landed a new contract from NASA to develop new systems to build on the moon and Mars. The $57.2 million contract is a continuation of a previous Small Business Innovation Research (SBIR) dual-use contract with the U.S. Air Force, which was
Lyst, the U.K. fashion e-commerce site that last year raised funding at a $700 million valuation, is the latest tech startup to rein in spending by cutting staff. TechCrunch has learned that the company is in the process of laying off 25% of its employees, working out to about 50 people, as part of a
This time two years ago, I changed up my annual gift guide feature’s focus from travel to working from home. After all, very few of us were doing much traveling at the time. I planned to switch back as the world reopened; it’s clear now, however, that for many of us, there is no going
One month after Nintendo debuted its first trailer for “The Super Mario Bros. Movie,” the company has revealed yet another trailer — this time giving fans a first look at Princess Peach and Donkey Kong. In the newest trailer, viewers get to see more of Illumination’s incredible animating skills with Donkey Kong, voiced by Seth
When Covid shut down much of the world down in 2020, it ended up wreaking havoc on the supply chain. Suddenly companies built for just-in-time production couldn’t find parts they needed to build their products. Even as Covid subsided, the supply chain woes continued. Veterans of supply management like the founder of startup Amplio watched,
TechCrunch Early Stage — our premier event designed for budding entrepreneurs and founders at the very start of their startup journey — returns by popular demand on April 20, 2023. And we’re excited to announce that this year, we’re taking it on the road to Boston, Massachusetts. We’re mixing the East Coast vibe with unparalleled
I rented a Tesla during the holiday crush. AMA Tim De Chant 9 hours When I went to book a rental car for Thanksgiving a few months ago, all that Hertz had left at O’Hare International Airport were Teslas. Usually, I end up with something like a Nissan Altima — not an amazing car, but
Dropbox has announced plans to bring end-to-end encryption to its business users, and it’s doing so through acquiring “key assets” from Germany-based cloud security company Boxcryptor. Terms of the deal were not disclosed. Dropbox is well-known for its cloud-based file back-up and sharing services, and while it does offer encryption for files moving between its
Abby started its journey selling 120 or so of its “All-In-One Smart Hydroponic Grow Box” on Kickstarter, with a relatively modest $100,000 raised on the crowdfunding platform. The device promises to help you make growing your favorite plants more or less foolproof, especially if your “favorite plants” are marijuana. In its marketing, the company is
The 2022 perspective that startups should cut their losses and chart a clearer path to profitability does not only apply to upstart tech companies. After a multiyear spending binge, larger technology companies are also pulling back on costs. For some major tech concerns, the cuts have come in the form of explicit layoffs and staffing
On November 22, alternative financing startup Pipe announced that its three co-founders were stepping down from their executive roles and that a search for a new, “veteran” CEO had commenced. In an exclusive interview, co-founder and former co-CEO Harry Hurst told TechCrunch that the trio were “0-1 builders, not at-scale operators.” He said the company’s
Most large restaurant chains across Africa have grown accustomed to using legacy systems and point-of-sale providers to manage operations. However, for smaller restaurants — which represent the biggest segment of this $50 billion industry — these systems can be rather expensive and do not adequately cater to their needs; thus, they stick with running operations
You wouldn’t drive a car or fly a plane if the only controls you had available were on/off switches for left and right or up and down, and yet that’s pretty much what gamers are stuck with when they control their virtual avatars with their keyboards. U.K. startup Peratech wants to change that with a
If your favorite music festival’s lineup didn’t live up to your expectations this year, don’t worry; a new app called Instafest will create a music festival poster for you based on your Spotify listening habits. The free web app, created by developer Anshay Saboo, is pretty straightforward to use: sign in with your Spotify account,
If it seems like Post News launched overnight, that’s because it kind of did. Unlike Mastodon, Hive Social, or other existing social networks being flooded with dissatisfied Twitter users, Post News emerged two weeks ago. The platform was rushed into a live beta, since its team wanted to go public in a time when the
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. We’re joining the Cyber Monday fun with 25% off annual subscriptions to TechCrunch+ content and analysis starting today until Wednesday, November 30. Plus, today only, get 50% off tickets to discover the
Right on time for its annual post-Thanksgiving re:Invent festivities in Las Vegas, AWS last night announced its “AWS Digital Sovereignty Pledge” — and before you click away, let me just point out that this is definitely more important than the prosaic name implies. As nations across the globe introduce legislation that governs how and where
In September, Apple launched the Apple Watch Ultra, which is not only waterproof to 100 meters (330 feet) in depth, but can also be used as a dive computer with the help of a companion app developed by Huish Outdoors. The app launched officially today, but we took a pre-release version of it into the
It isn’t like Instagram is a beacon of truth as it is, but things are about to get a lot worse, as Nufa takes any image and sculpts you into the “after” picture dream that every gym owner wants to project into our souls as they continue on their mission to make us all look
Henry Shapiro Contributor Henry Shapiro is the co-founder of Reclaim.ai, an intelligent calendar assistant platform used daily by over 14,000 companies. Prior to founding Reclaim, Henry led product and marketing at New Relic. More posts by this contributor 3 lessons we learned after raising $6.3M from 50 investors As a startup founder, you have no
India’s VerSe Innovation — the $5 billion Indian startup behind news aggregator Dailyhunt, short-video platform Josh, and hyperlocal video app PublicVibe — has cut 150 employees, or 5% of its workforce of 3,000, TechCrunch has learned and confirmed. The Bengaluru-based startup informed impacted employees on Friday and separately held a town hall meeting on Monday
Denmark-based venture fund BackingMinds, founded in 2016, likes to think it takes a different approach to venture in Europe. Its new €50 million fund will aim to take a road less travelled by most VCs, looking “for the blind spots” traditional venture capital can often miss because of typical VC herd behaviour (such as investing
Oceanic+, developed by Huish Outdoors, made a splash at this year’s Apple Fall Event in September, when Apple pulled a surprise new watch out of its proverbial hat, the Apple Watch Ultra. One of the surprises was that the $800 watch is rated for recreational scuba diving, enabling owners to take it underwater to 40
Folks often ask if Crunchbase and TechCrunch are still the same company (nope). Many express surprise that AOL was once this publication’s sole parent (yep). The saga of Who Owns TechCrunch is actually somewhat interesting. Various corporate developments over the last decade saw TechCrunch trade hands several times, including our most recent ejection from Verizon
Bloomberg’s Sonali Basak joins Caroline Hyde and Ed Ludlow to discuss how digital-asset brokerage Genesis is struggling to raise fresh cash for its lending unit in the wake of the FTX debacle. Plus, the latest in the FTX case.
There are a lot of talented people, like chefs and musicians, in Southeast Asia who can earn money through their work online, says TipTip founder Albert Lucius. But many of them don’t have the social media clout to attract advertisers. TipTip wants to help them build up followers in their communities using an offline/online strategy,
Amie raised a $7 million seed round led by Spark Capital. The round closed in June 2022 and the startup is disclosing it today. The company is building a productivity app anchored around your calendar. It helps you stay on top of your schedule, connect with your team and manage your upcoming tasks. Other investors
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. Investors these days want to see not only growth, but also a path to profitability — and it isn’t always easy for venture-backed startups