Peloton ended 2020 on top. Its own supply chain issues had presented a hurdle — but if anything, these were side effects of the company’s own stratospheric successes. It simply couldn’t keep up with demand, one of the better problems to have as a business on the rise. Always leave them wanting more, as P.T.
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Mental health app Intellect’s founder and CEO Theodoric Chew Intellect, the Singapore-based mental health startup focused primarily on Asia-Pacific markets, announced today it has raised a $10 million Series A. The company’s services, including self-directed mental wellness programs in 15 languages and online therapy sessions, are available through two channels: as an employee benefit and
Meet Zoi, a new French startup that wants to combine routine medical checkups with preventive care through a mobile app. The startup has been co-founded by Ismaël Emelien, former special advisor to Emmanuel Macron during the early days of its presidency, and Paul Dupuy, who previously worked on Workwell. Before I tell you more about
IBM reported revenue for Q3 2021 — and the news wasn’t just “good.” For a company that has seen negative or low revenue growth for almost a decade, it was great. Big Blue reported $16.7 billion in revenue for the quarter, up 6.5% year over year (8.6% on a constant-currency basis; the strengthening dollar is
Starship Technologies, one of the bigger names in the world of autonomous delivery robots — those little caboose-like, boxy delivery vehicles that self-drive around cities — has been on a roll during Covid-19, providing extra (unmanned) horsepower to distribute food and other goods between stores or restaurants and consumers, at a time when consumers were
There’s a global competition to build the biggest, most powerful computers on the planet, and Meta (AKA Facebook) is about to jump into the melee with the “AI Research SuperCluster,” or RSC. Once fully operational it may well sit in the top ten fastest supercomputers in the world, which it will use for the massive
Harry Yeh, founder and managing partner at Quantum Fintech Group, says we could be entering a supercycle for cryptocurrencies. He’s on “Bloomberg Markets.”
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for January 24, 2022! Today is a kinda tough day for, well, everyone. The value of assets new and old dropped around the world, and everyone
Jeremy Abelson Contributor Jeremy Abelson is the founder and lead portfolio manager of Irving Investors. Combining his experience as an operator and institutional investor, Abelson runs Irving as a multi-strategy platform making long-term durable investments in both the public and private markets. More posts by this contributor IPO Slowdown: A Look At Company Profitability Down
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. Technology Crossover Ventures (TCV) — an investor known for backing firms such as Netflix, Meta, Spotify and Airbnb — led
As we have started to see the light at the end of the Covid-19 tunnel, food delivery has shaped up to continue to be a major business. In England, for example, some 76% of people order at least one takeaway a week, whereas it was 60% pre-pandemic. Now, a startup called Deliverect that has built a
NASA’s Spinoff magazine is one of the things I look forward to reading every year. The space agency’s research trickles down to the rest of the world in surprising and interesting ways, which it tracks and collects in this annual publication. This year is no different, and NASA tech can be found in everything from
A newly launched recipe app called Pestle aims to do more than provide a place to save and organize your favorite recipes. The app, from indie developer Will Bishop, also helps you plan meals, create shopping lists, keep up with new recipes from creators, and even cook hands-free or with friends and family remotely over
German startup Gorillas has announced that it plans to acquire Frichti, a French startup that delivers both ready-to-eat meals and groceries. The acquisition hasn’t closed just yet but both companies have entered exclusive discussions. “We don’t share details about the deal itself, especially as it isn’t completely signed,” Frichti co-founder and co-CEO Julia Bijaoui told
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. If you own stuff, I am sorry to report that you are probably poorer today than you were on Friday, and even less wealthy than you were the Friday before. Things are selling
Two years into the pandemic, online conversations are for many of us still the primary interactions that we are having every day, and we are collectively having billions of them. But as many of us have discovered, not all of those are squeaky clean, positive experiences. Today, a startup called Spectrum Labs — which provides
Insurance broker and carrier marketplace Sayata took in $35 million in additional funds toward its Series A after raising $17 million in funds last August. Pitango Growth and Hanaco Ventures co-led the extension, with participation from previous investors Team8 Capital, Vertex Ventures, Elron Ventures and OurCrowd. The new funding follows over 10 times revenue growth
The Netherlands’ competition authority has fined Apple €5 million (~$5.6M) for failing to comply with conditions in an order requiring it to allow local dating apps to make user of third party payment technology in their apps. The tech giant could be on the hook for another €5M fine next week if it doesn’t meet
Barnabas Birmacher Contributor Barnabas Birmacher is the CEO of Bitrise. Breaking into Japan is often one of the biggest challenges a growing tech company will encounter. The country is home to some of the world’s most advanced software and hardware leaders. For the startups that cater to these companies, “cracking Japan” is inevitably part of
Emily Chang speaks with MicroStrategy Chairman and CEO Michael Saylor about his company’s rise and fall during the dot com boom, the decision to put bitcoin on MicroStrategy’s balance sheet, future plans to buy more bitcoin, and expectations from pending regulation.
Software consultants come in many forms, but if you cannot write your own code, finding a developer who meets your needs can be a stressful process that involves much trial and error. To narrow down good consultancies, we polled experts across the world about the best software development consultants through our TechCrunch Experts program. One
Let’s get into it! Software consulting (TechCrunch+) How should non technical founders collaborate with software developers? Miranda Halpern continues the TechCrunch Experts project by interviewing CEO of Wolfpack Digital, Georgina ‘Gina’ Lupu Florian. What percentage of your clients are non-technical people who have an idea, but no coding experience? How much of a limitation is
In algorithmic investing, investors use a company’s metrics to decide whether to participate in a deal. But when the art of choice is factored out, it becomes more difficult to perform deep due diligence on founders who may be about to receive millions of dollars via a wire transfer. In practice, attempts to remove bias
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, a run-down of key news headlines, startup funding rounds and whatever else is popping in the worlds of startups and tech. The whole gang was in the huddle
Customer service is making and breaking companies over the past two years as shopping moved online and consumers wanted more out of the traditional service companies were offering. Zingtree provides interactive contact center software that guides agents to the next best action so that they can cater to even the most discerning customer. To continue
Emily Chang speaks with MicroStrategy Chairman and CEO Michael Saylor on this episode of “Studio 1.0” about his company’s bold bet on bitcoin, his outlook on the cryptocurrency markets, and his future plans to buy more bitcoin.
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. AngelList’s recently closed early-stage venture fund brings back one of my favorite conversations within the world of early-stage startup fundraising: to data, or not to data. The $25 million fund bases all
TechCrunch got its teeth into the pandemic trade and its possible conclusion yesterday. As a refresher: After the initial onset of COVID-19 and the ensuing lockdowns, changes to work environments and restriction of travel, some companies saw their values quickly appreciate as they found investor favor. The reasons for some sectors gaining luster in the
Committing to a diverse and inclusive workplace is one thing, but following through is another. To help companies do this more effectively, Diversio is using artificial intelligence technology, data analytics and knowledgeable subject matter experts to find where the company’s process is breaking down and create a comprehensive action plan to get it back on
French startup Luko is acquiring German startup Coya in order to grow its European presence and get an insurance license from German regulator. While Luko isn’t disclosing terms of the deal, the company says it’s a 100% share deal, which means that Coya investors are now Luko investors. Those investors include Valar Ventures, Headline and