Mylerz, a Cairo-based e-commerce fulfillment startup, plans to enter three new markets in North Africa and expand across Egypt over the next three months against the backdrop of the $9.6 million funding it has just secured. The startup also has its eyes on the growing e-commerce market in East Africa, with the long-term goal of
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Twitter announced today that it’s rolling out a new “Copypasta and Duplicate Content” policy to clarify how the platform works to combat spam and duplicative content. For context, copypasta refers to an attempt by multiple individuals to duplicate content from an original source and share it widely. The social media giant first revealed in August
Arrikto’s mission is to enable data scientists to build and deploy their machine learning models faster. The company, which raised a $10 million Series A round in late 2020, is building its platform on top of Kubeflow, a cloud-native open-source project for building machine learning operations that was originally developed by Google but which is
VC firm Educapital recently announced that it has reached the first close of its second fund. The team has already secured $105 million (€100 million) and now wants to reach $160 million (€150 million) to invest in edtech startups as well as companies working on the future of work. I caught up with Marie-Christine Levet,
Hunting down a beat up-looking shared electric scooter that has the germs of goodness-knows-who all over the handlebars is not Unagi’s idea of sexy shared micromobility. Instead, the e-scooter manufacturer is launching a more exclusive version that will see its slick e-scooters available to rent at hotels, luxury apartments and coworking spaces. “Unagi on Demand,”
Canoo’s first-quarter earnings shows a company burning through cash, no near-term revenue and a warning that it may not have enough money to stay in business. Shares of Canoo, which were down 5% Tuesday, fell another 17.5% in after-market trading following the release of its earnings. It has since recovered and is now down more
Consumers in every country are getting squeezed on all sides. Globally, sluggish wage growth and rising inflation has encouraged shoppers to defer payments on everything from groceries to durable goods. Affirm, Afterpay and Klarna own 75% of the sector in the U.S., which leaves little room for startups hoping to join the fray. Founders who
Twitter’s future owner weighed in on the social network’s biggest question Tuesday, leaving little room for doubt that if Elon Musk has his way, the platform’s doors will be wide open for Trump. “I do think that it was not correct to ban Donald Trump,” Musk said in an interview at the Financial Times Future
There’s an open secret in the battery startup world — everyone is pitching their cells as the ones to spur consumers to ditch their gas-guzzling SUVs for sleek, fast-charging electric vehicles with cross-country range, even if they’re really eyeing something else. Sure, some companies will leapfrog the steady 5% annual improvements that lithium-ion batteries have
The UK government has confirmed it will move forward on a major ex ante competition reform aimed at Big Tech, as it set out its priorities for the new parliamentary session earlier today. However it has only said that draft legislation will be published over this period — booting the prospect of passing updated competition
Hardware, as the saying goes, is hard; but there remains an opportunity for startups that focus on specific niches to build viable businesses. In the latest example, reMarkable, the Oslo, Norway-based maker of a simple and slick $299 e-paper tablet of the same name, says that it has passed 1 million devices sold since 2017
Adam Oliner, co-founder and CEO of Graft used to run machine learning at Slack, where he helped build the company’s internal artificial intelligence infrastructure. Slack lacked the resources of a company like Meta or Google, but it still had tons of data to sift through and it was his job to build something on a
Construction tech is one of those sectors that has not historically been considered “sexy” in a startup world that often favors glitzier technology. But construction fuels the commercial and real estate industries, which in turn impacts all of us in one way or another. Historically, the industry has been reluctant to embrace technology, but as
Adobe announced today that it’s introducing a new suite of Creative Cloud Express capabilities to make it easier to plan, schedule, preview and publish social media content across platforms. The company is launching “Content Scheduler” within Creative Cloud Express, which builds on its acquisition of ContentCal in December, as Adobe has integrated ContentCal into Creative
To date, Blueland, fresh off its $20 million fundraise back in February, has mostly been focusing on home cleaning products. Today, the innovative cleaning company launches a new product that helps you be as clean as your house, embracing the same “hey, let’s not ship water if we can avoid it” model as its domestic
Data science teams are stymied by disorganization at their companies, impacting efforts to deploy timely AI and analytics projects. In a recent survey of “data executives” at U.S.-based companies, 44% said that they’ve not hired enough, were too siloed-off to be effective, and haven’t been given clear roles. Respondents said that they were most concerned
French startup Sencrop just raised an $18 million Series B funding round led by JVP. The company helps farmers mitigate all sorts of risks, from extreme weather events to diseases that affect various crops. It is both a hardware and software play with a forecasting service that you can access through a subscription product. Weather
Last October marked 20 years of the iPod. It’s a remarkable run in the cutthroat, always-iterating world of consumer electronics. And while it’s undoubtedly true that life hasn’t been particularly for the music player in a product lineup that includes various iPhones and iPads, the beloved music player has somehow managed to hang on. That
Arianee has raised a $21 million Series A round (€20 million) in a round led by Tiger Global. The company issues digital ownership and authenticity certificates on behalf of partner brands. For instance, a luxury and fashion brand can replace the authenticity card that you get with your new watch or handbag with a digital
Hannah Life Technologies, a startup for couples trying to conceive, announced today it has raised $5.15 million in pre-Series A funding led by Monk’s Hill Ventures. Other investors include Golden Gate Ventures, Anthro Ventures, and medical technology entrepreneur Dr. Jack Wang. The funding comes about 18 months after the company raised seed funding from Y
Uber has opted for arbitration to solve a dispute it has with drivers in Kenya over the reduction of commuter fares. The ride-hailing firm asked Kenya’s Supreme Court, in an application, to allow it to solve its issues with the drivers through channels agreed upon in contracts, while stating that it was “improper” for its
South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The company just secured a $5.8 million Series A extension to scale its AI-based ship berthing monitoring and navigation systems to help cargo ships navigate safely
Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibility of pay-as-you-use models that adapt to the evolving needs of a business. Today, a company called Paddle, which has built a large business out of providing the
Shopify put a spotlight on the role and significance of logistics and fulfillment in e-commerce when it snapped up Deliverr for $2.1 billion last week to gain its own, direct foothold into providing those services for its e-commerce customers a la Amazon. Now, an up and coming startup in fulfillment in Europe has closed a
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PT, subscribe here. Monday, May 9, is upon us, and today is a day of browser-cache-powered drama in the form of a Wordle word The New York Times decided was too controversial, but still existed
By now you may be tired of stories detailing the bad news in the market. Too bad! More are coming. If the deluge of negative headlines feels like a pile-on, recall that in 2020 and 2021, TechCrunch obsessively covered the technology, startup and venture capital markets’ various excesses; to not cover the party’s comedown would
TikTok is rolling out a new “Friends” tab that replaces the “Discover” tab in the bottom menu of the app. The company says the new tab is going to roll out to more people over the coming weeks and that it will allow users on the platform to find content from people they’ve connected with.
Who knows what secrets await in the hearts of plants? Brightseed has found a couple of them, anyway, using an AI-based analysis method and will be bringing its first products to market soon with the help of a $68 million B round. Brightseed’s thesis is simply that there are almost certainly some very helpful and
Business intelligence is an increasingly well-funded category in the software-as-a-service market. By handling large amounts of data to analyze and benchmark lines of business, BI promises to help identify, develop, and otherwise create new revenue opportunities. Pervasive BI remains elusive, but statistics on the category reveal that about a third of employees use BI tools
Fintech startup Yapily is announcing that it plans to acquire finAPI — the transaction is subject to regulatory approvals before it closes. Both companies offer open banking solutions in Europe. With this move, Yapily is consolidating its position in Europe and growing its business in Germany, more specifically. The terms of the deal are undisclosed,