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Jun 03, 1:25PM
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TechCrunch has found itself in Moscow and we’d like to say hi! We’re going to hold a Mini Meetup in conjunction with the Strelka Institute. Details are below. But we need sponsors! Please email Masha Drokova (Mashadrokova@gmail.com) if your company can sponsor. Sponsors will be named in this post with a logo and sponsor statement of 150 words, plus a link. They will also get…
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Jun 03, 1:12PM
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Some more exec shifting afoot at daily deals and local commerce site Groupon. Today the company announced that Rich Williams would be its next chief operating officer. And at the same time, the company said that it would be losing its CFO, Jason Child, who will be leaving at the end of July to join Jawbone as its CFO. Perhaps to soften the blow of the financial exec change, the company…
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Jun 03, 12:00PM
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Pharmaceutical delivery startup PillPack has raised a $50 million growth round in Series C financing to start building retail pharmacies and take on other retail drugstores like RiteAid and Walgreens. The startup launched in 2014 as a way to ship medications on a regular basis straight to someone’s door instead of making them go pick it up at the pharmacy every time. PillPack…
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Jun 03, 11:30AM
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Drug discovery platform Atomwise has raised $6 million in seed funding to dig deeper into artificial intelligence and potentially speed up the process in which we discover new drugs. The funding came from VC firms that all have some sort of a science-focused component. Data Collective led the round, with participation from Khosla Ventures, DFJ, AME Cloud Ventures and OS Fund. Atomwise…
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Jun 03, 11:30AM
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Berlin-based early stage VC firm Point Nine Capital has announced it’s closed its third fund. The new $60 million fund will be used to invest up to $1 million in around 40 startups across Europe and North America, it said today. This brings its total capital under management to $110 million.
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Jun 03, 10:00AM
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I’m a big fan of the real Silicon Valley and HBO’s Silicon Valley. My favorite episode this season features the boys of Pied Piper crisscrossing Silicon Valley pitching investors as they raise their first round of funding. The episode, titled “Bad Money,” ends with the show’s heroine pleading with the Pied Piper founder not to take all the investment he’s…
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Jun 03, 8:48AM
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Right now, millions of children around the world are in danger. They’re facing violence, disease, hunger, and the chaos of war and disaster. Innovation in technology has the potential to help change that for good – building a world where every child is safe, healthy and happy. The work of Unicef Innovation, together with its partners, has shown that technology is key in…
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Jun 03, 6:39AM
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June is already looking like a big month for SoftBank. Just days after upping its stake in billion dollar gaming startup Supercell, the Japanese telecom giant revealed it is investing a cool $1 billion in Korea’s top e-commerce firm Coupang.
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Jun 03, 5:04AM
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Being a small child is awesome because every little thing is an adventure. As a jaded adult, it’s hard for me to remember the overwhelming wonders of growing up. ShapeKit, however, recaptures a little bit of that feeling. Made design team c+y, the iPad app draws inspiration from early twentieth century design and stop-motion animation to make learning shapes and colors fun.
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Jun 03, 4:41AM
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Today there are 2.6 billion smartphone subscriptions globally, and while growth has been levelling off in developed markets like the U.S. and Europe, it’s not stalling altogether by a long shot. By 2020, globally there will be 6.1 smartphone users led by huge growth in less mature markets. And with 6.1 billion smartphones in circulation, we will see a tipping point of sorts:…
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Jun 03, 4:30AM
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To get more enterprises on board, Revel is launching wired ethernet connections, a move that it hopes will convince large retail businesses to replace their cash registers with iPads.
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Jun 03, 12:10AM
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HidrateMe aims to help you fill up on your H20 with a sensor that monitors your intake and syncs that information up with an app on your smartphone. Should you need more water than you are ingesting, the bottle will glow. The bottle is also doing exceptionally well on Kickstarter right now. The campaign blew past its original $35,000 goal in just one day and is now just over $45,000, with 41…
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Jun 02, 10:31PM
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Lawn care startup LawnStarter is announcing that it has raised $6 million in Series A funding. The company describes itself as “your personal lawn care concierge” — the idea, said co-founder Steven Corcoran, is to express LawnStarter’s “focus on customer experience.” Similar to the way that startups like Handy and Homejoy (soon to be one and the same?)…
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Jun 02, 9:55PM
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As anticipation continues to rise for the new Star Wars film to open at the end of this year, a hardware startup central to the making of one of the characters has raised a new round of funding. Sphero, makers of the eponymous spherical robots that you control with your smartphone — as well as the new BB-8 droid in Star Wars: The Force Awakens — has raised $45 million in a new…
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Jun 02, 9:39PM
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Startup accelerator Boost.vc is diversifying its next cohort of startups, shifting its line-up of accepted startups from focusing solely on Bitcoin to include those working on virtual and augmented reality.
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Jun 02, 9:34PM
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“I’m speaking to you from Silicon Valley, where some of the most prominent and successful companies have built their businesses by lulling their customers into complacency about their personal information,” said Cook. “They’re gobbling up everything they can learn about you and trying to monetize it. We think that’s wrong.”
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Jun 02, 9:30PM
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Forget billboards or magazine ads. If an advertiser wants to put its brand in front of a big audience today, you may as well slap that ad on an Amazon shipping box. Or, at least, that’s the mindset behind the new partnership between Universal Pictures and Illumination Entertainment and Amazon. The retailer has begun to ship customer orders in bright yellow delivery boxes featuring…
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Jun 02, 9:06PM
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Magic Leap wants game makers, filmmakers, and other creators to build augmented reality experiences on its platform, and today on stage at MIT Technology Review’s EmTech Digital conference, it announced how that will happen. Magic Leap is launching a development platform. It’s just opened a Developers section of its website where people can sign up for access to its SDK, which…
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Jun 02, 9:02PM
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Today’s episode of Cribs had us criss-crossing the country to New York City, where mobile payments juggernaut Venmo has made its home. Venmo has become enough of a phenomenon that it has become a verb in many circles — “I’ll Venmo you the cash I owe for dinner” is not an unusual thing to overhear — so it was fun to go to their office in person to see where…
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Jun 02, 8:45PM
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Following Pinterest’s unveiling of Buyable Pins — a way for merchants to sell things that users can buy directly within Pinterest — I had an opportunity to sit down with the company’s general manager of monetization Tim Kendall to talk a little bit more about it. The first thing he made clear was that, for now, brands will not be able to promote Buyable Pins.
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