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Join Us At The Mini Moscow Techcrunch Meetup And Pitch-Off, June 4
Jun 03, 1:25PM
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… Read More
Groupon Names Rich Williams COO As CFO Jason Child Steps Down To Take Up CFO Role At Jawbone
Jun 03, 1:12PM
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… Read More
Pharmacy Delivery Startup PillPack Locks In $50 Million To Take On Walgreens
Jun 03, 12:00PM
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… Read More
YC Alum Atomwise Raises $6 Million To Further The Advancement Of Artificial Intelligence In Drug Discovery
Jun 03, 11:30AM
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… Read More
Berlin's Point Nine Capital Closes $60M Third Fund
Jun 03, 11:30AM
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. Read More
When Silicon Valley Is Too Much Like Silicon Valley
Jun 03, 10:00AM
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… Read More
Has Your Startup Changed A Child's Life For Good? Enter The UNICEF UK + Europas Award
Jun 03, 8:48AM
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… Read More
SoftBank Invests $1B In Korean E-Commerce Firm Coupang At A $5B Valuation
Jun 03, 6:39AM
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. Read More
Inspired By Bauhaus Design, ShapeKit Lets Kids Create Gorgeous Animations
Jun 03, 5:04AM
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. Read More
6.1B Smartphone Users Globally By 2020, Overtaking Basic Fixed Phone Subscriptions
Jun 03, 4:41AM
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:… Read More
Revel Adds Ethernet To Its iPad Point-Of-Sale Platform For More Secure Connections
Jun 03, 4:30AM
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. Read More
HidrateMe Is A Connected Water Bottle That Will Glow When You Need To Take A Sip
Jun 03, 12:10AM
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… Read More
LawnStarter Raises $6M To Become Your "Lawn Care Concierge"
Jun 02, 10:31PM
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?)… Read More
Star Wars BB-8 Designer Sphero Raises Another $45M From Mercato, Disney And More
Jun 02, 9:55PM
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… Read More
Boost.vc Diversifies With A Push Into VR
Jun 02, 9:39PM
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. Read More
Apple's Tim Cook Delivers Blistering Speech On Encryption, Privacy
Jun 02, 9:34PM
“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.” Read More
Amazon Turns Its Boxes Into Ads With First-Of-Its-Kind Marketing Deal For "Minions" Movie
Jun 02, 9:30PM
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… Read More
Magic Leap Announces Its Augmented Reality Developer Platform
Jun 02, 9:06PM
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… Read More
TC Cribs: Venmo's NYC Headquarters Is On The Money
Jun 02, 9:02PM
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… Read More
Tim Kendall, Pinterest's GM Of Monetization, Talks Buyable Pins
Jun 02, 8:45PM
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. Read More
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