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Disruptor Beam relaunches as gaming infrastructure-maker Beamable
22 april 2020 · 5 min
Disruptor Beam, the mobile gaming startup behind Star Trek Timelines, has a new name and a new business. It’s now calling itself Beamable, and it’s selling a set of tools to help game developers add commerce and social functionality to their titles. The company’s direction became clear earlier this year when it sold Timelines to […]
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Confluent lands another big round with $250M Series E on $4.2B valuation
22 april 2020 · 5 min
The pandemic may feel all-encompassing at the moment, but Confluent announced a $250 million Series E today, showing that major investment continues in spite of the dire economic situation at the moment. Today’s round follows last year’s $125 million Series D. At that point the company was valued a mere $2.5 billion. Investors obviously see […]
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NextView Ventures is launching a remote accelerator for startups
21 april 2020 · 6 min
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UK gov announces ‘Future Fund’, pledging £250M match funding for startups impacted by coronavirus
21 april 2020 · 5 min
After mounting pressure from the U.K. tech startup ecosystem, and much debate, the British government today unveiled plans for a new “Future Fund” designed to ensure high-growth companies — namely, startups — across the U.K. receive enough investment to remain viable during the coronavirus crisis. Initially, the U.K. government is pledging a total of £250 […]
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Healthcare co-op Savvy snags venture funding from Indie.vc
20 april 2020 · 4 min
Savvy, a healthcare cooperative, has just raised an undisclosed amount of funding from Indie.vc. Established as a cooperative that shares profits with its users, Savvy connects patients with healthcare companies and other providers looking to better serve people through products and services. Patients can take paid gigs that include tasks like interviews, focus groups and […]
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Impossible Foods rolls out to nearly 1,000 new grocery stores and supermarkets
17 april 2020 · 4 min
Starting tomorrow, 777 supermarkets in California, Illinois, Indiana, Iowa and Nevada will begin stocking the Impossible Foods plant-based meat substitute. Fueling the increased distribution and a push to expand its product suite and geographic footprint domestically and internationally is a $500 million round of funding the company closed in March. Some of that money is […]
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Everee raises a $10M Series A to scale its worker-friendly payroll software service
17 april 2020 · 5 min
This morning Everee, a Utah-based software as a service (SaaS) startup focused on payroll, announced that it has closed a $10 million Series A. The funding event was led by Origin Ventures and Signal Peak Ventures. Previously, Everee had raised a $3.7 million Seed round in mid-2019. The company is therefore as well capitalized as […]
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Unicorn layoffs keep piling up as the economy gets worse
16 april 2020 · 5 min
Earlier today a grip of new data presented a sharply negative picture of the American economy. And this afternoon, news broke that a trio of well-known, heavily-backed unicorns were cutting staff. With stocks down as well, we’ve received negative signals from the private market, the public market and the economy as a whole in the […]
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Apply to compete in Startup Battlefield at Disrupt SF 2020
16 april 2020 · 5 min
Disrupt San Francisco 2020, the OG of startup tech conferences, takes place at Moscone West on Sept. 14 – 16. It’s an event you don’t want to miss, and we’re here to tell early-stage founders one of the best ways to get the most out of the Disrupt experience. Apply to compete in Startup Battlefield […]
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Rocket Lab inks deal to carry Japanese startup Synspective’s first satellite into orbit
15 april 2020 · 3 min
The well-funded Japanese space startup Synspective has tapped launch provider Rocket Lab to take its first Earth observation satellite to orbit. Launch is planned for late 2020, and the company’s StriX–α craft will be the sole payload. Synspective was founded in 2018 and by mid-2019 had raised about $100 million, making it one of the […]
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UK tech job vacancies fall 31% in less than 4 weeks, according to job site data – so who is still hiring?
15 april 2020 · 7 min
As the coronavirus crisis continues, hiring data is emerging that paints a mixed picture for U.K. tech, which, in the preceding months and years has been stuck on a growth trajectory of up and to the right. That appears to have changed almost over night. According to numbers shared exclusively with TechCrunch from job sites […]
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Layoffs are disproportionately impacting startup satellite offices
14 april 2020 · 6 min
Layoffs have struck the startup world swiftly, hurting hospitality and travel startups, as well as recruitment and scooter companies. New data shows that some of those layoffs, brought on by COVID-19, might be disproportionately impacting satellite campuses. By nature, satellite offices are secondary to a startup’s headquarters. Opening smaller offices is a strategic move when […]
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Frank raises $5M more in its quest to get students max financial aid
14 april 2020 · 5 min
Frank, a New York-based student-facing startup, has raised $5 million in what the company described as an “interim strategic round” led by Chegg, a public edtech company. According to Frank founder and CEO Charlie Javice, previous investors Aleph and Marc Rowan took part in the round alongside new investor GingerBread Capital. The education funding-focused startup […]
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Pangea.app raises $400K pre-seed round to help connect student workers with businesses
13 april 2020 · 4 min
Pangea.app, a Providence, Rhode Island-based startup has raised a $400,000 pre-seed round, it told TechCrunch this week. The company’s new capital, raised as a post-money SAFE, comes from PJC, a Boston-based venture capital firm and Underdog Labs. Previously, Pangea.app raised money from angel investors. The company links “remote college freelancers,” per its website, to businesses […]
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Instacart’s hiring spree continues as it faces unprecedented demand
13 april 2020 · 4 min
Instacart is adding more support roles to help its shoppers, customers, and retail partners, as the company faces unprecedented demand for its grocery delivery services due to COVID-19 shelter in place orders. Today Instacart announced that it has doubled its Care team, from 1,200 agents to 3,000 agents. Care team employees will work on answering […]
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Apply today to be a TC Top Pick at Disrupt SF 2020
10 april 2020 · 5 min
Opportunity’s a hot currency, and every early-stage startup founder’s on the lookout for it. Anything and everything that can help bring the dream to fruition, right? You’ll find three days packed with opportunity at TechCrunch Disrupt San Francisco 2020Â on September 14-16. Care to know how you can super-size your Disrupt opportunity? We’ll get to that […]
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Stocks gain despite 6.6M new US unemployment claims
10 april 2020 · 3 min
Domestic stocks rose today in the United States, with all major indices opening higher. TechCrunch has slowed its daily coverage of the US stock market as volatility has receded. We try to avoid covering the stock market too much, but there are days when doing so would be derelict. The value of public companies impacts […]
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Esports One launches its fantasy esports platform
9 april 2020 · 5 min
Esports One is a startup betting that there’s a big opportunity in bringing a fantasy sports approach to the world of esports — particularly at a time when traditional pro sports are on pause. Co-founder and COO Sharon Winter told me that the company’s platform, which is leaving beta testing today, is the first “all-in-one […]
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Mom-focused content startup Motherly raises $5.4M as it expands into commerce
9 april 2020 · 5 min
Motherly CEO Jill Koziol admits that it was a tough pitch when she and her co-founder Liz Tenety first tried to get investors on-board in 2015. “We wanted to create a brand first and foremost,” Koziol told me. “We did not want to go and build a media company or a [direct-to-consumer] company or Facebook […]
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Move fast, make things – UK fintech’s response to the coronavirus crisis continues
8 april 2020 · 5 min
The U.K.’s fintech’s response to the coronavirus pandemic so far might best be described as “move fast, [and] make things,” as multiple and sometimes impromptu teams roll out financial technology solutions to help combat the crisis.
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Utah’s Podium raises $125M Series C led by YC after reaching $100M ARR
8 april 2020 · 6 min
This morning, Utah-based SaaS startup Podium announced that it has closed a $125 million Series C led by Y Combinator’s Continuity fund, with participation from Sapphire Ventures. Prior investors Alkeon, IVP, GV, Summit, Accel and Recruit Co. also took part in the funding event. The new capital values Podium at around $1.5 billion, and brings […]
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Blossom Capital’s ‘Cultivate’ is an angel program seeking to back European unicorn alumnus
7 april 2020 · 5 min
Just a few months after closing a new $185 million fund to continue backing early-stage European startups, Blossom Capital, the VC firm founded by Ophelia Brown, is announcing a new angel investment program seeking to back European unicorn alumnus. Dubbed “Cultivate,” the new program looks to create a 30-strong angel network made up of founders […]
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BounceX cuts staff, reduces salaries in wake of COVID-19 economic disruptions
7 april 2020 · 4 min
TechCrunch confirmed today that BounceX (the firm is rebranding this year) has executed layoffs and salary cuts in the wake of recent COVID-19-led economic disruptions. Many startups are undergoing staff cuts as the domestic and global economies slow, making individual reductions less newsworthy as the layoff tally rises. However, as BounceX is a company we’ve […]
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Cultivating adaptability is a pandemic coping skill
6 april 2020 · 12 min
It’s clear that the people who can let go of their past plans and embrace the new environment ahead will thrive.
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Bustle Digital Group shuts down The Outline as part of broader layoffs
6 april 2020 · 3 min
Bustle Digital Group, owner of a portfolio of digital media properties including Bustle itself, says it laid off two dozen staffers today. That includes eliminating the entire staff of The Outline, a culture site that it acquired a year ago. In a statement, a BDG spokesperson said the company will continue to host The Outline’s archives, […]
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IRL pivots into virtual event calendar In Remote Life
3 april 2020 · 9 min
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Activity-monitoring startup Zensors repurposes its tech to help coronavirus response
3 april 2020 · 4 min
Computer vision techniques used for commercial purposes are turning out to be valuable tools for monitoring people's behavior during the present pandemic. Zensors, a startup that uses machine learning to track things like restaurant occupancy, lines, and so on, is making its platform available for free to airports and other places desperate to take systematic measures against infection.
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Hio wants to put networking events back on your remote-only calendars
2 april 2020 · 7 min
The Center for Disease Control (CDC) guidelines and the COVID-19 pandemic has surged event cancellations across the country. Tech workforces have found ways to stay productive: back-to-back Zoom calls, work-from-home happy hours and more Twitter threads than anyone asked for. But Jason Craparo, the founder of events platform Hio, wants to put organic, face-to-face networking […]
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Take your shot: Apply to TC Top Picks at Disrupt SF 2020
2 april 2020 · 5 min
TechCrunch Disrupt San Francisco is known around the world as the place where the early-stage startup community gathers to learn and launch, connect and collaborate. We know COVID-19 has created challenges, but Disrupt SF is still on schedule (keep tabs on our updates here). Like startup founders everywhere, we quickly learn where, when and how […]
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Dining and takeout startup Allset raises $8.25M as it adapts to life under lockdown
1 april 2020 · 5 min
Even though this might seem to be the absolute worst time to try to round up funding for a restaurant-related startup, Allset is announcing that it’s raised an $8.25 million Series B. It was not, to be clear, an easy process. CEO Stas Matviyenko (who founded the company with COO Anna Polishchuk) admitted that when […]
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Substack offers $100K in grants for independent writers
1 april 2020 · 3 min
Substack is taking several steps to support the writers and publications using its newsletter platform. After all, just as writers and newsrooms are starting to build real businesses on Substack, the COVID-19 pandemic is dealing a huge financial blow to the media industry. In response, the startup says it will donate $100,000 in grants — […]
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Not all entrepreneurs are 30-year-old guys
30 maart 2020 · 10 min
There is a serious flaw in how businesses are funded, and it's the same discussion we had twenty and thirty years ago about who was at the table in managing businesses.
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Jupe is a new startup aiming to address hospital room shortfalls with modular, mobile space
30 maart 2020 · 5 min
We’re already entering into a healthcare crisis due to the global coronavirus pandemic, and creative solutions to address shortfalls in supplies, protective equipment and more are being developed to help where possible. A new startup, with a founding team including an emergency room doctor, a crisis response expert and a public health researcher is hoping […]
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Tech giants should let startups defer cloud payments
27 maart 2020 · 8 min
Google, Amazon, and Microsoft are the landlords. Amidst the Coronavirus economic crisis, startups need a break from paying rent. They’re in a cash crunch. Revenue has stopped flowing in, capital markets like venture debt are hesitant, and startups and small-to-medium sized businessesf are at risk of either having to lay off huge numbers of employees […]
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Stripe leads $20M Series A into Fast, which is building a universal checkout service for e-commerce
26 maart 2020 · 7 min
Early this morning, Fast, a startup building platform-agnostic login and checkout services, announced that Stripe has led a $20 million investment into its business. Prior investors Index Ventures and Susa Ventures took part in the round. Susa previously participated in the company’s late-2019 round that Index led. Coming in late March, the new capital is […]
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Mammoth Media launches CatchUp, an app that summarizes the latest news and trending content
26 maart 2020 · 4 min
A new app called CatchUp might be useful for anyone who’s struggling to keep up with the latest headlines, podcasts and Netflix shows. CatchUp is the latest offering from Mammoth Media, the startup behind chat fiction app Yarn and social polling app Wishbone. Founder and CEO Benoit Vatere told me that the product started out […]
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Swiss startup Creal is building display tech for the next generation of AR/VR headsets
25 maart 2020 · 4 min
After years of hype, the AR/VR space has certainly grown quieter as of late, but some investors are still coalescing behind a vision that the technologies could one day replace mobile if the technical kinks can be worked out. Creal is a Swiss startup that’s working on some fundamental display technologies that could make VR […]
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Backed by Harry’s Labs, Cat Person launches its lineup of cat care products
25 maart 2020 · 5 min
Cat Person is a new startup trying to change the way you think of cat people — and hoping to sell that new type of cat owner a whole range of cat products. “We know what the stereotypes are, we just don’t think they’re true,” said CEO Jimmy Wu. “They’re incredibly outdated. We want to […]
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Ceros launches MarkUp, a design collaboration tool for live websites
24 maart 2020 · 3 min
When designers need to collaborate with other teams, they can currently turn to products like InVision and Zeplin. But Ceros creative director Jack Dixon said there’s a “pretty interesting gap in the market” — once you move beyond prototypes and start working with websites that are either live or in staging, the process starts to […]
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Streaming service fuboTV to merge with virtual entertainment technology company, FaceBank
24 maart 2020 · 7 min
Over-the-top live TV streaming service fuboTV announced today it plans to merge with the virtual entertainment technology company, FaceBank Group. The proposed merger would retain the name fuboTV for the combined company, consisting of fuboTV’s direct-to-consumer live TV streaming platform and FaceBank’s technology IP in sports, movies, and live performances. FaceBank is not a household […]
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YC startup Felix wants to replace antibiotics with programmable viruses
23 maart 2020 · 5 min
Right now the world is at war. But this is no ordinary war. It’s a fight with an organism so small we can only detect it through use of a microscope — and if we don’t stop it, it could kill millions of us in the next several decades. No, I’m not talking about COVID-19, […]
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Hospital droid Diligent Robotics raises $10M to assist nurses
23 maart 2020 · 7 min
28% of a nurse’s time is wasted on low-skilled tasks like fetching medical tools. We need them focused on the complex and compassionate work of treating patients, especially amid the coronavirus outbreak. Diligent Robotics wants to give them a helper droid that can run errands for them around the hospital. The startup’s bot Moxi is […]
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Startups rethink what it means to be high-touch during a pandemic
20 maart 2020 · 11 min
Glossier NYC, in normal times, is typically visited by more than 2,000 people every day, with lines of people from all over the world curling out the door. And when you enter, it’s tempting to touch, well, everything. The walls are adorned with flowers, mirrors and giant versions of the makeup company’s flagship product: Boy […]
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ReMarkable’s redesigned e-paper tablet is more powerful and more papery
19 maart 2020 · 7 min
It's no secret I'm a fan of the reMarkable, a tablet with a paper-like display that's focused on text and sketching rather than rich media and games. The sequel to the original, announced today, looks to make a good thing even better.
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Why is Blue Apron’s stock skyrocketing?
19 maart 2020 · 5 min
Back in 2017, a formerly hot, formerly profitable company called Blue Apron went public. It didn’t go well. Today as the global stock market continues to fall, shares in the former venture darling are soaring, up more than 140% in midday trading. Before its IPO, the company had to reduce its price range from $15 […]
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Deepgram raises $12M for enterprise speech recognition
18 maart 2020 · 6 min
Deepgram, a startup focused on high-quality, real-time speech recognition, announced a $12 million Series A this morning. The startup, founded a half decade ago, according to Crunchbase data, with just a few million in raised capital, is interesting, as its success to date was founded on two consecutive experiments. The first dealing with its technology, […]
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Addapptation snares $1.3M seed to build a better UX for Salesforce
18 maart 2020 · 4 min
Addapptation, a startup that wants to build a practical design layer on top of Salesforce and other enterprise tools, announced a $1.3 million seed investment today. 2048 Ventures led the round with participation from East Coast Angles, The Millworks II Fund and additional angel investors from New Hampshire, where the firm is located Co-founder Sumner […]
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Monzo launches free and paid-for business bank accounts
17 maart 2020 · 6 min
Monzo, the U.K. challenger bank, is officially launching business bank accounts today, after an extensive trial period over the last 12 months that saw early access given to 2,500 business customers. Perhaps surprisingly, right out of the gate Monzo is offering two versions of its business bank account — which is aimed at sold traders […]
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Riot automatically educates your team about phishing
17 maart 2020 · 5 min
Meet Riot, a company participating in Y Combinator’s current batch that wants to help you fight phishing attempts. Riot runs fake phishing campaigns on your employees. For instance, your team members could receive an email saying that their Google account has been deactivated to see if they can spot real email notifications from fake ones. […]
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This startup got a meeting with Mark Suster by getting clever with Google ads
16 maart 2020 · 3 min
Startups have done some wild things to get the attention of VCs. In fact, Instacart founder Apoorva Mehta sent YC partner (at the time) Garry Tan a six-pack of beer through the service after missing the deadline for Y Combinator by two months. Yesterday, the ingenuity of startups struck again. Tadabase.io, an enterprise startup that […]
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