YC-backed Giveaway lets folks give away their unused or unnecessary items in a marketplace. Unlike other buy/sell or donation platforms, Giveaway uses a virtual currency on the platform to reward people for listing their products for free on the app. Users earn Karma coins each time they list an item on the website. Folks can
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Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. A few weeks ago, Uber and Lyft, kicking bags of the 2019 stock market and regularly cited as examples of venture-backed excess, were back to fighting form. After encouraging Q3 2019 reports from both ride-hailing
Before leaving SoftBank-backed Zume Pizza in November 2018, co-founder Julia Collins knew what her next move would be: climate-friendly food. Today, Collins is announcing Planet FWD’s $2.7 million seed round led by BBG Ventures with participation from Cleo Capital, Cowboy Ventures, Precursor Ventures, Kapor Capital and others. What’s unique about this round, Collins told TechCrunch,
BackboneAI, an early-stage startup that wants to help companies dealing with lots of data, particularly coming from a variety of external sources, announced a $4.7 million seed investment today. The round was led by Fika Ventures with participation from Boldstart Ventures, Dynamo Ventures, GGV Capital, MetaProp, Spider VC and several other unnamed investors. Company founder
Far from replacing humans, Artificial Intelligence is actually coming to the aid of a very old profession that has fallen out of fashion to such an extent that people are increasingly not joining it. I speak of the rarified world of the Actuary. Actuaries deal with the measurement and management of risk and uncertainty using
Blade, the French startup behind Shadow, announced plans to overhaul its subscription tiers back in October. The company is now bringing the new plans to the U.S. with a new entry tier at $11.99 per month as well as more powerful options in the coming months. Shadow is a cloud computing service for gamers. For
PandaDoc, a sales-focused document automation startup, announced a new web-based document production editor today that allows sales teams to quickly generate proposals and contracts from design templates. The templates give a consistent and professional look to these documents, which might otherwise be produced in a word processor like Word or Google Docs. While customers are
With the markets in turmoil and fear running rampant through the global economy, you might not think it’s the right moment to start a company. According to at least one well-known venture capitalist, however, it’s a great time to start up. TechCrunch recently caught up with former founder and active venture capitalist Jason Lemkin to
AWS has launched its own open-source operating system for running containers on both virtual machines and bare metal hosts. Bottlerocket, as the new OS is called, is basically a stripped-down Linux distribution that’s akin to projects like CoreOS’s now-defunct Container Linux and Google’s container-optimized OS. The OS is currently in its developer preview phase, but
Mike Hudack, the former CTO of Deliveroo and most recently a founding partner at London venture capital firm Blossom Capital, has quietly joined Monzo as the challenger bank’s new Chief Product Officer. TechCrunch understands that Hudack had previously been advising Monzo on a part-time basis for the past 11 months, while simultaneously working part-time at
Augmented reality headset maker Magic Leap has struggled with the laws of physics and failed to get to market. Now it’s seeking an acquirer, but talks with Facebook and medical goods giant Johnson & Johnson led nowhere according to a new report from Bloomberg’s Ed Hammond. After raising over $2 billion and being valued between
As a cell phone plan, Yahoo Mobile seems pretty straightforward — there’s just one pricing tier, where you pay $39.99 per month for unlimited calls, data and mobile hotspot usage. But you may be wondering why Yahoo is getting into the phone business. It makes more sense when you recall that Yahoo is owned by Verizon,
What do you do when you’re rich in cryptocurrencies but you don’t want to sell your positions? The company named Blockchain thinks it has found a solution. It lets you borrow money against cryptocurrencies held in your Blockchain wallet. As soon as you lock cryptocurrencies in your wallet, you receive USD PAX, a stablecoin that
Superpeer is giving YouTube creators and other experts a new way to make money. The startup announced today that it has raised $2 million in pre-seed funding led by Eniac Ventures, with participation from angel investors including Steven Schlafman, Ankur Nagpal, Julia Lipton, Patrick Finnegan, Justin De Guzman, Chris Lu, Paul Yacoubian and Cheryl Sew
TikTok, the popular social media app owned by Chinese tech company ByteDance, has been under a national security investigation by U.S. lawmakers who have raised concerns about the company’s access to U.S. user data and whether it was censoring content at the behest of the Chinese government. Today, TikTok tries to combat these concerns with
The European Commission has set out a plan to move towards a ‘right to repair’ for electronics devices, such as mobile phones, tablets and laptops. More generally it wants to restrict single-use products, tackle “premature obsolescence” and ban the destruction of unsold durable goods — in order to make sustainable products the norm. The proposals
CRM software accounts for one-quarter of all enterprise IT spend. But ironically, while a lot of money is spent on platforms like Salesforce or SAP to manage incoming calls and outgoing marketing and sales activity, not a lot of attention is given to the issue of how to help the teams using all that software work
Meet Alma, a French startup that helps you offer a new payment option for your expensive goods. Like Klarna, clients can choose to pay over 3 or 4 installments. But the comparison stops here as Klarna isn’t available in France. Alma just raised a $14.1 million (€12.5 million) funding round. Idinvest, ISAI and Picus Capital
“Smart” cameras are to be found in millions of homes, but the truth is they’re not all that smart. Facial recognition and motion detection are their main tricks… but what if you want to know if the dog jumped on the couch, or if your toddler is playing with the stove? VisualOne equips cameras with
Credit Sesame is getting into digital banking. The credit and loans company, first launched at TechCrunch Disrupt in 2010, has since grown to 15 million registered users and, in 2016, achieved profitability. To date, its focus has been on helping consumer achieve financial health by taking steps to consolidate debt and raise their credit score.
The apartment rental market in the US will be worth $174.1 billion this year, and today a startup that’s built a platform to help it along by connecting renters with rentals is announcing a round of funding to fuel its growth. Zumper, which provides listings of available rental properties and services (such as rent payments)
Ad2iction’s team TNL Media Group, the Taipei-based media and journalism company, announced it has acquired mobile ad technology startup Ad2iction. In addition to digital advertising and data analytics, Ad2iction also operates verticals like Agent Movie, a film site, and its brands will remain independently run after joining TNL Media Group. Ad2iction currently serves about 500
After a week in which it looked like activist investor Elliott Management might try to force out Jack Dorsey as CEO of Twitter to help boost the social platform’s flagging growth, it looks like we have a truce of sorts between the two. Today, Twitter announced has received a $1 billion investment from Silver Lake,
No code tools are on the rise, and a YC-backed company called Snapboard is looking to join the fight. Snapboard, led by solo founder Calum Moore, started when Moore decided to build one product a week for a year as a personal challenge. In the second week, he realized just how many apps and services
The European Parliament is instructing managers to prepare for all but a minority of staff to work remotely for 70% of the week as of next Monday — dialling up its response to Covid-19, the disease caused by the SARS-CoV-2 virus. Full-time remote working may follow, it has also said. In an email sent today
Some Libra Association members like Andreessen Horowitz and Coinbase Ventures are double-dipping, backing a competing cryptocurrency developer platform. Launching today with over 50 partners, non-profit The Celo Foundation’s ‘Alliance For Prosperity’ offers a way for developers to build decentralized mobile apps that are based on Celo’s blockchain platform and USD stablecoin. The open-source Celo platform
The insurance industry depends on data to support a number of functions the average person in the street is usually completely unaware of such as “informed risk selection”, underwriting and claims management. Like many industries, it would like to automate much of this but it’s just not that simple. Synthesized is a UK startup that
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. The world is a mess today. Everything that trades is down, and sentiment is in the toilet. Even Robinhood is undertaking its ritual downtime, ensuring that its userbase holds through the selloff. The unicorn’s inability
Facebook is continuing to open up access to a data porting tool it launched in Ireland in December. The tool lets users of its network transfer photos and videos they have stored on its servers directly to another photo storage service, such as Google Photos, via encrypted transfer. A Facebook spokesman confirmed to TechCrunch that
Hitachi Vantara, the wholly owned subsidiary of Hitachi that focuses on building hardware and software to help companies manage their data, today announced that it has acquired the assets of Containership, one of the earlier players in the container ecosystem, which shut down its operations last October. Containership, which launched as part of our 2015