Nibiru, a new crypto derivatives protocol co-founded by Tribe Capital GP Arjun Sethi, has raised $7.5 million in seed funding at a valuation of $100 million, two sources familiar with the matter told TechCrunch. Tribe Capital, Republic Capital and Kraken invested in the seed round, a source said, requesting anonymity as the information is not
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Coming to hang with us at Disrupt, where Equity is kicking off the entire event? Use code “EQUITY” to save 15% on your tickets. Hell yeah, and see you there! Alex, Natasha and Mary Ann jumped on
French startup Bump has signed a multiyear financing partnership with DIF Capital Partners in order to roll out more charging stations for electric vehicles and double down on growth in general. It is an equity and quasi-equity $180 million deal that will be progressively unlocked from 2022 to 2030. Yesterday, ZePlug also announced a significant
The growing market for sales tools has given rise to a curious cottage industry: DevOps startups specifically targeting the software used in sales and marketing functions. (Here, “DevOps,” refers to tools that automate processes between software development and IT teams.) It’s become a blossoming sector all its own, with vendors selling DevOps platforms for software
Welcome back to Found, the podcast where we get the stories behind the startups. After graduating college, co-founders Amar Shah and Sonia Nigam were bored with their first ”real jobs,” so through trial and error they came up with the idea to develop an API that processes donations, called Change. They talk with Darrell and
Companies are facing hundreds of millions of dollars in fines these days for failing to comply with data protection and data privacy rules, and that’s driving wave of organizations, and their users, to get more serious about data protection. One of the byproducts of that has been the emergence of new technology to meet that increase
Logitech is unveiling a brand new device today that is both intriguing and easy to understand. The Logitech G Cloud is a handheld console that focuses primarily on cloud gaming services, such as Xbox Cloud Gaming and Nvidia GeForce Now. While Logitech is better known for its computer peripherals, webcams and gaming accessories, the company
“You had one job” might be funny when a birthday cake decoration goes wrong, but if we’re talking about executives who don’t show up for board meetings, the stakes are much higher. “Disengaged or dysfunctional boards aren’t just bad for CEOs and LPs; they’re bad for everyone,” writes Matt Blumberg, co-founder and CEO of Bolster,
Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months. The Bengaluru-headquartered startup, valued at $22 billion, had
U.K. residents travelling to Norway or Iceland will soon have their mobile roaming fees capped, representing part of a recent trade agreement between the countries. The U.K. signed a free trade agreement last July with Norway, Iceland and Liechtenstein, a triumvirate of markets notable for the fact that they are not members of the European
In recent years there has been a flurry of startup activity aimed at commercializing blood glucose biosensors — aka, wearable tech that was originally developed for diabetes management. These continuous glucose monitors (CGMs) transmit near real-time data on glucose levels, providing instant feedback (via a companion mobile app) on how the body metabolizes different foods
‘No amount of salespeople or engineers can save you in the long run if your customers don’t love your product’ Anna Heim 15 hours When founders are laying off staff and cutting costs to face the downturn, it may seem like odd timing to tell startups to take their product as seriously as ever. In
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. It’s Friday, and that means… Actually, we don’t even really know what that means anymore, other than that we’re going to sit in the sunshine and bask in the very last few
The U.K. government has announced plans to make it easier for telecoms operators to access telegraph poles on private land, representing part of a broader push to bring high-speed broadband to all corners of the country. The announcement was made as part of the U.K.’s so-called “mini budget,” which was partly set up to address
Market share analyses aren’t an exact science, exactly. Different firms take different factors into account, though more often than not, the numbers more or less line up among the bigger players. We discussed these figures in our recent review of the Apple Watch Series 8, noting that the line had captured roughly one-third of the
John Zic Contributor John Zic is a partner and founding team member at EQUIAM. He spends most of his time wrestling with fragmented and imperfect private market data in a never-ending effort to derive market-beating investment signals. Shachi Shah Contributor Shachi Shah is director of business operations at EQUIAM. She is passionate about leading design,
Joanna McFarland got the idea for HopSkipDrive in 2014 because she needed a solution to a problem that many working parents like herself face: How do you consistently get your kids where they need to be on time? The idea was sparked at a birthday party she attended with one of her children. The topic
Days ahead of the Italian general election, the country’s privacy watchdog has sent Facebook’s parent (Meta) an urgent request for information, asking the social media giant to clarify measures it’s taking around Sunday’s election. The risk of election interference via social media continues to be a major concern for regulators after years of rising awareness
Google announced a new Chromecast with HD streaming support today that costs just $30 and has a remote control with it. The company is launching the Chromecast with Google TV (HD) — yes, that’s the official name — in 19 countries, including the U.S. This comes two years after Google launched a $49 Chromecast with
A cloud kitchen — also known as a ghost kitchen or a shared kitchen — offers restaurant owners and food entrepreneurs a commercial kitchen space at a reduced cost for food delivery and takeout. This trend has been circling around the restaurant industry. More food entrepreneurs are turning to cloud kitchens to reduce their operation
Serial Kenyan tech entrepreneur Mike Macharia has spent the last two decades helping enterprises like East Africa’s biggest telco Safaricom to create infrastructure that bolsters their growth. His firm, Seven Seas Technologies, has previously worked with governments too — having been involved in the initial implementation of the decentralized service delivery hubs – Huduma Centres,
Hadean, a U.K.-based distributed, spatial computing startup that’s setting out to build the infrastructure for the burgeoning metaverse, has closed a $30 million seres A round of funding from a high-profile cast of investors including Epic Games and Tencent. Founded out of London in 2015, Hadean started out with a broad mission to put “supercomputer
Anyone who has to use a wheelchair regularly runs the risk of incurring injury from poor circulation. Kalogon believes it can mitigate this common but potentially life-threatening condition with a smart cushion that prevents any one part of the body from being compressed for too long — and it has already caught the eye of
Apple TV+’s original programming has received a major boost with the company landing a deal with “Breaking Bad” and “Better Call Saul” creator Vince Gilligan. Apple signed a two-season deal for his new project — dubbed as a grounded drama —that will be unrelated to two hit series. Deadline, which first reported the development, noted
Investors are spending 24% less time looking at pitch decks in 2022, compared to 2021. On average, you have just under three minutes to convince them to take a meeting with you. In fact, for decks that fail to raise funding, investors give up in just 2 minutes and 13 seconds. That’s not a lot
Erik Torenberg is no longer the co-CEO of On Deck, a tech company that is trying to productize the community in a way that helps founders secure capital and advice. Torenberg, an early Product Hunt employee and the founder of investment firm Village Global, assumed the role only a year ago. But now, as On
Starting next year, Amazon plans to pump electrofuels into some of its diesel delivery vans in a deal with Infinium. Amazon didn’t say what it’s paying, nor for how much synthetic fuel, but the conglomerate intends to cover “approximately 5 million miles of travel per year” using e-fuels, it said in a statement. It’s not
Rad Power Bikes, a popular American e-bike brand that has raised over $300 million in the past two years, will start offering bikes as a subscription service next week. The company is partnering with Cycle, a Berlin-based e-bike subscription service that caters to couriers and last-mile delivery, to pilot the offering in Berlin. Starting September
When Nothing was unveiled early last year, founder Carl Pei promised that the hardware startup had a full road map. Early stories about the London-based firm alluded to a pitch deck full of Pokémon characters, each representing a different product in the pipeline. Roughly a year and a half later, Nothing has delivered two major
Microsoft today announced that the next major version of Windows 11, the aptly-named Windows 11 2022 Update, has begun rolling out to the more than 190 countries where Windows is available. The highlights include updates to the Start menu and tabs in File Explorer, as well as new accessibility features including systemwide live captions, Voice