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AI-powered customer marketing platform Ometria raises $6M Series A
Oct 11, 6:35AM
Ometria, a customer marketing platform which says it’s “AI-powered” has raised $6m in Series A funding. US-based Summit Action led the round, along with an investment syndicate backed by individuals with roles inside some key retailers. Ometria has now raised a total of $11m to accelerate the development of its customer marketing platform, which, it claims, enables retailers… Read MoreJumia expands its lending program for small businesses across Africa
Oct 11, 6:30AM
Jumia, the dominant e-commerce company in sub-Saharan Africa, is expanding the small business loan program it launched earlier this year into every country where the company operates. Working with the San Francisco-based lender Branch, Jumia began offering start-up loan for small businesses in May. The loans were pegged to vendors sales history with Jumia and projections for the future… Read MoreWatch Startup Battlefield Africa live right here
Oct 11, 6:17AM
Here we are in Nairobi, Kenya. For the first time, TechCrunch is hosting a conference in Africa. We have an amazing lineup of speakers who all share a ton of knowledge and expertise about technology in Kenya and Africa in general. But the real star of the show is going to be the Startup Battlefield. 15 startups are going to compete to win the Startup Battlefield competition and earn best of show. Read MoreAlibaba Group will invest $15B into a new global research and development program
Oct 11, 6:01AM
Alibaba Group announced today that it plans to invest more than $15 billion over the next three years into a global research and development initiative called Alibaba DAMO Academy. The Chinese tech giant said the program, which it is currently recruiting 100 researchers, will help it reach its goal of serving two billion customers and creating 100 million jobs by 2036, while also… Read MoreOla raises $1.1B led by Tencent to fuel battle with Uber in India
Oct 11, 5:30AM
It’s been a long while coming but Uber’s chief rival in India is finally raising a big round, and joining the billion-dollar round club at the same time. Ola today announced that it has closed $1.1 billion in fresh financing. That’s the largest funding round in the company’s six-year history and its first major raise since November 2015 when it closed $500 million… Read MoreTwitter says it may "refine" its policies after reversing position on Blackburn campaign ad
Oct 11, 4:34AM
For the second time in less than three weeks, Twitter has said it will look at its policies following controversy over tweets by a politician. On Tuesday, Twitter reversed a decision it made the day before to block a campaign video from Rep. Marsha Blackburn, a Republican representative from Tennessee, for breaking its ad policies. In a media statement, a Twitter spokesperson said “While… Read MoreLogistics on-demand startup Lalamove raises $100M as it approaches a $1B valuation
Oct 11, 3:07AM
Unicorns are like buses for Hong Kong. After living in the shadow of other cities and waiting around for its first, it now has (almost) two billion-dollar companies within months… and in the same space. GoGoVan became the country’s first unicorn in September following a merger deal with China-based 58 Suyun, and now Lalamove — another Hong Kong company specializing in… Read MoreCrunch Report | New Star Wars "The Last Jedi" Trailer
Oct 11, 3:00AM
Star Wars “The Last Jedi” trailer is released, more than 5,000 Wells Fargo ATMs now NFC enabled and North Korea hacked and stole U.S. and South Korea war plans. All this on Crunch Report. Read More
Facebook seriously needs its own Bitmoji
Oct 11, 2:01AM
Your Facebook profile used to be the online version of “you”. But over the past year, Bitmoji has usurped Facebook to become the preferred way to share your identity over the web. The Facebook profile assembles a collection of text and real-world photos into a fixed set of poses, making it more of a snapshot of the offline you ported into the digital realm rather than a vision of… Read MoreFormer NEA investor Sheel Tyle is reportedly raising his own, $100 million fund
Oct 11, 1:09AM
Sheel Tyle used to co-lead the seed-investing practice at New Enterprise Associates. Now he’s raising his own, $100 million fund, reports Forbes. Tyle has an interesting story. After graduating from Stanford at age 19 with a double major in biology and public policy, he went on to nab a law degree from Harvard while working first for the venture firm Bessemer Venture Partners and, by age… Read MoreHome improvement startup Houzz partners with Indian media company Times Bridge
Oct 11, 12:30AM
Houzz is expanding its presence in India by partnering with Times Bridge, the investment arm of The Times Group. As a result of the deal, Houzz said its content will be integrated into The Times Group’s online properties, including the Times of India. A Houzz spokesperson said this will be “the authentic Houzz experience” with the full functionality of the platform, which… Read MoreA messed up Google Home Mini recorded a tech reporter 24/7
Oct 11, 12:02AM
The idea of inviting an always-on recording device into our bedrooms would have once seemed beyond creepy, but now most consumers hardly give it a second thought. As Android Police reports, a small number of Google Home Mini review units given to tech reviewers malfunctioned, persistently recording audio in the background without being activated by a hotword. Read MoreEquifax hack included nearly 11 million US driver's licenses
Oct 10, 11:48PM
The latest news from the enormous Equifax hack is that the stolen records included 10.9 million driver’s licenses from U.S. citizens, according to the Wall Street Journal’s sources. This isn’t much of a surprise given how poorly all the other information was secured, but it’s nice to put a number on just how many of various personal documents Equifax’s poor… Read MoreBlue Apron competitor HelloFresh planning to raise up to $353 million in IPO
Oct 10, 11:38PM
HelloFresh, the Berlin-based cooking kit delivery company, revealed that it’s planning to raise up to $353 million in an IPO on the Frankfurt Stock Exchange. The move would value HelloFresh at up to 1.5 billion euros ($1.8 billion) in the public markets. This is below the last private market valuation of 2 billion euros. The IPO may come as a surprise to some, following the lackluster… Read MoreGoogle acqui-hires team at podcast app 60dB, service will shut down next month
Oct 10, 10:52PM
Short-form podcast app 60dB will be shutting down next month and its team will be joining Google in an apparent acqui-hire. Google confirmed the deal to TechCrunch, with a spokesperson noting that it was not a formal acquisition, rather the company had “purchased some assets” and that members of the team would be joining Google. Terms of the deal were not disclosed. Read MoreA batch of SNES Classic Editions goes on sale tomorrow
Oct 10, 10:09PM
If you’ve had bad luck so far in trying to nab an SNES Classic Edition, you’ll have a fresh chance tomorrow. Two major retailers have announced they have stock in hand and will be selling it starting October 11. Read MoreFour behavioral economics strategies for improving consumer financial health
Oct 10, 10:00PM
At Common Cents Lab, we believe behavioral science can help improve financial well-being. For the past two years, we’ve been applying our insights and an experimental mindset to work with fintech companies, credit unions and nonprofits to test this assumption. Twenty-six experiments in, we thought it was time to assess our progress and share what we’ve learned. Read MoreIntel moves towards production quantum computing with new 17-qubit chip
Oct 10, 9:32PM
Intel’s quantum computing efforts have yielded a new 17-qubit chip, which the company has just delivered to its partner in that field, QuTech. It’s not a major advance in the actual computing power or applications — those are still in very early days — but it’s a step toward production systems that can be ordered and delivered to spec rather than experimental… Read MoreResearchers develop digestible sensors for monitoring the gastrointestinal tract
Oct 10, 8:58PM
MIT’s researchers spend a lot of time thinking about digestible technology. Indeed, scientists at the school have developed all sorts of swallowable devices, including a robot fashioned from pig parts designed to remove batteries. The school’s Koch Institute in particular has focused on the space, looking at ways in which digestible sensors can be used to monitor things like… Read MoreSocial media monitor Brandwatch acquires content marketing platform BuzzSumo
Oct 10, 8:49PM
Brandwatch, a social media monitoring company, has acquired BuzzSumo, a content marketing and influencer identification platform, for an undisclosed sum. The acquisition adds an important arrow into Brandwatch’s quiver. Expect more from this company, which seems intent on creating a suite of powerful tools for online marketers. Read MoreIf at any time you'd like to stop receiving these messages, just send an email to feeds_feedburner_com_techcrunch+unsubscribe-hmdtechnology=gmail.com@mail.feed2email.net.
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