Household cleaning chemicals in the form of a tablet that can be dissolved in water appear to have given rise to a number of startups. As well as Munich-based startup everdrop, there is also Atmo Home out of Berlin, as well as Grove Collaborative, Blueland, Smol, Spruce, Ocean Saver… the list goes on. Few, however,
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Bad news about smartphone shipments has become the norm, rather than the exception, in recent years. The trend pre-dates the pandemic, but has only accelerated during the pandemic, thanks to various economic and supply chain impacts. Even so, a high single-digit drop warrants examination and some difficult questions around the industry’s health. New figures out
Complicated supply chains mean that consumers in Tier 1 and Tier 2 Indonesian cities often end up paying more for goods than their peers in large cities, like Jakarta. KitaBeli is on a mission to change that, with its own distribution network and a direct-to-consumer social commerce app. Today the startup announced that it has
India’s central bank wants to ban cryptocurrencies, the government told the parliament on Monday, raising more uncertainty about the future of the nascent virtual digital asset in the world’s second largest internet market. Nirmala Sitharaman, the minister of finance in India, said Monday that the Reserve Bank of India has expressed concerns about the “destabilising
In late June, Modsy, on online interior design services startup, abruptly ceased offering design services, laid off its designers, and left customers with unfinished renovations and project orders in process. The company returned some service order charges and promised to refund furniture deliveries to those who completed a form. But more than two weeks later,
As NFTs work to retain mainstream attention, one founder predicts the digital asset sector will pivot in a new direction. “I think NFT collections will evolve as media companies [into something] like Disney,” Alex Salnikov, co-founder and head of product at NFT marketplace Rarible, said to TechCrunch. In recent months, major “blue-chip” NFT projects like Bored
Welcome back to Chain Reaction. Last week, we looked at web3 without web2’s winners. This week, we’re looking at a crossover episode for meme investing. You can get this in your inbox every Thursday afternoon by subscribing on TechCrunch’s newsletter page. power to the pumpers A weekly dispatch from the desk of TechCrunch crypto editor
Dan Dolev, senior fintech analyst at Mizuho Securities, discusses why he cut his price target for Coinbase Global Inc. to $220 from $300 on “Bloomberg Markets: The Close.”
If solving the problems of autonomous driving were a question of money, it’d have been solved long before now. That’s the primary argument of Don Burnette, co-founder and CEO of autonomous trucking startup Kodiak Robotics, which has expanded its business and hit milestones with a fraction of the funds that bigger players like Waymo have.
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
You’d be hard pressed to find a game that doesn’t include some form of microtransactions these days, especially in mobile games. It just makes sense for gaming companies — an immensely lucrative source of revenue, the microtransactions market was worth at $60 billion in 2021, and projected to hit $106 billion by 2026. Typically offered
Founders are keener to get cash than VCs to deploy capital, DocSend data shows Alex Wilhelm Anna Heim 1 day Today’s venture capital market feels strange because it isn’t uniform. While some companies are still able to raise mega-rounds, reach unicorn status, and even attract lots of new capital in sectors that have seen their
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. Spotting new trends is one of my favorite parts of my job. But I like it even more when several trends converge into a
Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. At this point, it’s clear that no one agrees on anything. Half my sources say that early-stage venture completely is uncorrelated to the public stock market, while the other half say that
Advocates and organizers had been preparing for Roe v. Wade to be overturned since the U.S. Supreme Court draft decision leaked in early May. But Nadya Okamoto, co-founder of period care company August, still felt heartbroken when the decision became official in late June. “One of the things that always made me passionate about policy
Hello and welcome to a special edition of Equity! Today, Alex sat down Brian Heater, a long-tenured TechCrunch denizen, our hardware editor, podcast extraordinaire, and genial chap. He also put together a really neat robotics-focused event that we’re hosting next week. The event is online, and free, which means that everyone can come and hang
Hey, everyone! Welcome back to Week in Review, the newsletter where we recap the most read TechCrunch stories from the last seven days. Want it in your inbox? Sign up here! The most read story on the site this week was, once again, unfortunately, about layoffs — this time at Microsoft. While the company plans
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in the first half of 2022, up only slightly from the $64.4 billion during the same period in 2021, as hypergrowth fueled by
Nov.18 — Ford has unveiled the Mustang Mach E, an all-electric SUV and next generation of the iconic mustang brand. Bloomberg’s Ed Ludlow reports from Los Angeles
Money doesn’t need to be protected from sudden vibrations or direct sunlight, so the term “dry powder” strikes me as a poor metaphor for the mounds of cash investors were dropping on startups just a few months ago. “What’s crazy to me is that some of these companies are still in the seed-stage backed by
As venture capital grew around the world, tracking the fintech market was a fine way to understand the general health of the VC world; when venture was getting bigger, so too was fintech fundraising. Worth around a fifth of all venture dollars invested last year, fintech startups raised nearly unfathomable sums of capital but with
Big tech companies are facing increased scrutiny in South Africa for dominance abuse and anti-competitive behavior, just months after the country’s competition regulator, the Competition Commission (CompCom), started an inquiry into the conduct of online intermediation (b2c) platforms. In its initial findings, the regulator has established that Apple, Google, UberEats, Airbnb, Booking.com, and South Africa’s
Research in the field of machine learning and AI, now a key technology in practically every industry and company, is far too voluminous for anyone to read it all. This column, Perceptron, aims to collect some of the most relevant recent discoveries and papers — particularly in, but not limited to, artificial intelligence — and
Lightyear, a U.K. fintech startup that promises consumers commission-free trading on U.S. and European stocks, is officially extending to Europe from today. To power the expansion, which will see Lightyear land in 19 new markets including the Baltics and much of Western Europe, London-based Lightyear has also raised $25 million in a seres A round
Deci, a startup company with 50 employees who are developing a platform to build and optimize AI-powered systems, today announced that it closed a $25 million Series B financing round led by Insight Partners with participation from Square Peg, Emerge, Jibe Ventures, Fort Ross Ventures, and ICON that brings the company’s total raised to $55.1
Julie Gionfriddo Contributor If an early-stage startup is ready to raise money but its valuation hasn’t been established yet, a convertible note can serve as a good fundraising option. A convertible note is a debt instrument that typically converts into equity at a later date. Investors who invest in a note are effectively loaning money
Black founders raised 1.3% of last year’s $330 billion worth of U.S. venture investment, totaling just over $4.3 billion. So far this year, Black founders have raised a smaller 1.2% of the $125 billion invested. The past few months have seen private market investors reduce their investment pace as a possible recession looms, but that
Is it really written in the stars? This week, Bumble launched weekly customized astrology content in-app, with astrologer Aliza Kelly taking on the task of helping you find a star-crossed soulmate. Dubbed “Astrology Tuesdays,” Bumble users in the U.S. can go to the new astrology channel within the conversations screen in Bumble’s Date mode. There
If you’re feeling confused about the state of startup investing, join the club. Public company shares have been relentlessly hammered in recent months amid rising fears of a recession, yet startup funding seems as brisk as ever and, more surprising, to us, VCs are still routinely announcing enormous new funds as they have for many
A proposal put forward by European Union lawmakers in May, to establish a legal framework to make it easier to share electronic health records and other medical data — across borders and care institutions and with researchers and developers of innovative health products — should be revised to ensure citizens’ health data is stored locally,