YC-backed climate tech startup, Pina Earth, has closed a $2.5 million seed round of funding a year after being founded and a few months since it presented at the accelerator’s Winter 2022 Demo Day in March. The seed is led by Franco-German VC XAnge, with participation from London-based VC firm Nordstar, as well as a
Enterprise
With a limited launch in mainland China today, one glance at the new smartphones from Xiaomi leaves little doubt what the smartphone is all about. A third of the back of the smartphone is dominated by a dome covering a number of cameras with one of the biggest sensors we’ve seen in a smartphone so
A lot of pitch decks I review have a slide that really shouldn’t be there: the exit strategy slide. Your slide deck should only have an exit strategy slide if you’re running a very late-stage company that’s about to IPO, and even then, you probably wouldn’t have it as a slide on a funding deck
Indonesia’s construction industry is large and growing quickly, but a lot of supply procurement is still done the old-fashioned way, through phone calls and text messages. Juragan Material wants to make things easier with a B2B marketplace for building materials from curated suppliers. The company announced today it has raised $4 million in seed funding
You’ve brushed off your Keynote skills, you’re giddy that you’re finally going to be able to start paying yourself a living wage, and you are excited to start pitching your startup’s next round of funding to your investors. It’s heady times, for sure, but hit the other pedal there for a moment, friend — you
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
Tesla delivered 254,695 electric vehicles globally in the second quarter, a nearly 18% drop from the previous period as supply chain constraints, China’s extended COVID-19 lockdown and challenges around opening factories in Berlin and Austin took their toll on the company. This is the first time in two years that Tesla deliveries, which were 310,048
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. Tech innovation is a cycle, especially in the main character-driven world of early-stage venture capital and copycat nature of startups. The latest proof? Y Combinator this week announced Launch YC, a platform
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. There is a paradox when it comes to retail investors: Many startup-related deals are out of their reach (in part for their own sake).
In the aftermath of the Supreme Court’s decision to strip federal abortion rights in the U.S., many people are questioning how the apps they use every day might suddenly be turned against them. As concerns mount over the endless well of data that tech companies built an entire industry around, Google is taking at least
Reddit announced Friday that it’s acquiring MeaningCloud, a natural language processing company, for an undisclosed amount. The MeaningCloud team has joined Reddit and will support machine learning projects across its product, safety and ads teams. The acquisition marks Reddit’s first office in Spain. MeaningCloud was founded in 2015 and specializes in extracting meaning from unstructured
The U.S commodities regulator, Commodity Futures Trading Commission (CFTC), has filed civil charges against a South African company and its CEO for running a fraudulent commodity pool worth over $1.7 billion in bitcoin, and over registration violations. The regulator stated that the fraud scheme by Mirror Trading International Proprietary Limited (MTI), the South African bitcoin
The future of non-fungible tokens is getting more clarity in China as the country’s tech giants come together to formulate standards for the nascent industry. The China Cultural Industry Association, along with Tencent, Ant Group, Baidu, and others, jointly issued a “self-disciplined development proposal” for the “digital collectible industry,” a rebranded term for NFT in
Everyone’s favorite versatile microcontroller maker, Raspberry Pi, just unveiled a handful of new, budget-minded products. The company is building on the success of its $4 Pico board, which has thus far moved just under two million units since its January 2021 launch. The new Pico W is launching today for $6 — the “W” (and
On April 4, the U.K.’s development finance institution, Commonwealth Development Corporation (CDC) Group, formally changed its name to British International Investment. As part of the name change, the development finance institution (DFI) announced that it surpassed its pledge to invest £2 billion in Africa over the last two years. It was a reminder of the
Y Combinator has announced Launch YC, a platform where people can sort accelerator startups by industry, batch and launch date to discover new products. The famed accelerator, which has seeded the likes of Instacart, Coinbase, OpenSea and Dropbox, invites users to vote for newly launched startups “to help them climb up the leaderboard, try out
If you want the inside scoop on which companies are serious about addressing their carbon emissions and which aren’t, take a look at the public comments submitted to the U.S. Securities and Exchange Commission regarding its proposed climate rule. You can tell if a company is serious by its stance on so-called Scope 3 emissions.
E-commerce marketplaces are big businesses. It was estimated that some $3.2 trillion was spent globally on the top marketplaces in 2021, with those like Taobao, Tmall and Amazon accounting for over 60% of the activity, according to research firm Digital Commerce 360. With that number expected to grow 14% per year, Nautical Commerce wants to
Mapan’s team, with CEO Ardelia Apti in the front In Indonesia, arisans are traditionally rotating savings and credit associations (RSCA) that let groups of people, primarily women, save and borrow money together. Mapan digitized that concept, and turned it into a service where users, also mostly women, can use it to pay for goods and
Amazon is reportedly planning to hold two Prime shopping events this year, according to a report from Business Insider. The online retailer already revealed the July dates for its Prime Day shopping event, and is said to be planning to hold a second shopping event for Prime members in the fall. The second event would mark
NASA’s CAPSTONE mission, which will chart a new orbit around the Moon which will hopefully be used for a future crewed lunar space station, is underway after a successful launch on Tuesday morning. Rocket Lab’s Electron launch vehicle delivered the CAPSTONE satellite, which is roughly the size of a large microwave oven, to Earth orbit
Waymo, Aurora, UPS and Luminar are among a group of 34 autonomous vehicle developers, California business organizations, and automotive and logistics companies that have signed an open letter to Governor Gavin Newsom asking him to revisit the California Department of Motor Vehicles’s 2015 prohibition on the operation of autonomous trucks in the state. California began
It’s not news that times have changed in the world of fintech. After financial technology startups saw their fortunes rise during the venture capital boom that loosely wrapped as 2021 came to a close, they’re now suffering from a slump of a similar scale. The damage is not unidimensional. Instead, pain around the fintech sphere
Global plastic waste has more than doubled, and 40 percent of that waste comes from packaging. Luckily there are no shortage of sustainable packaging startups in Europe. Just take a look: Circleback (Germany), Recup (Germany), Sourceful (UK), one • five (Germany), Shellworks (UK), Woola (Estonia), Papkot (France), Biotic (Israel), FunCell (France) and Traceless (Germany). The
Logistics in much of Southeast Asia is not only complicated, but also expensive. Deliveree wants to solve that problem with a platform that not only lets clients book trucks, but also uses algorithms to determine the best route based on location, trucking loads and even the weather. The company announced today that it has raised
An older, cheaper and safer battery technology already dominating China’s electric vehicle industry is now poised to reshape battery manufacturing worldwide and boost EV sales in the United States — if the global lithium supply remains stable. A slew of patents for lithium-iron-phosphate (LFP) chemistries due to expire in 2022 could shift the face of
Payments giants and fintech startups in India on Saturday requested the central bank to treat widely used prepaid payment instruments on par with bank accounts for customers who have undertaken certain verifications, days after the monetary authority signalled industry-wide crackdown. The Payments Council of India, a unit of influential industry body IAMAI, said in a
Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you want to get this in your inbox every Thursday, you can subscribe on TechCrunch’s newsletter page. Exit opportunity It’s no secret at this point that
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. Just as one company’s success shouldn’t cast a halo on its vertical’s brethren, one company’s layoffs don’t quite mean that its competitors are equally screwed. Instead, I think that changes within a
The testing campaign for NASA’s super big, super expensive Space Launch System is now complete, the agency declared on Friday. All that’s left now for the rocket is launch the Artemis I demonstration mission to the moon, the first in a long line of planned missions to eventually return humans to the lunar surface by
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