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Gingko Bioworks secures $275 million in Series D, valuing the company at over $1 billion
Dec 14, 12:00PM
Boston biotech startup Gingko Bioworks has announced the raise of $275 million in Series D funding to build out its Bioworks3 production facility. The funding comes from previous investors Viking Global, Y Combinator’s Continuity Fund, Cascade Investment, Bill Gates, as well as new investor, General Atlantic. The company previously raised over $154 million, bringing the total up to… Read MoreAndreessen Horowitz has a new, $450 million bio fund
Dec 14, 11:00AM
Almost exactly two years ago, the venture firm Andreessen Horowitz took the wraps off a $200 million “biofund” that aimed to invest at the intersection of biology and engineering and was being led by its (then) new general partner, Vijay Pande. Pande argued at the time that it was finally possible to invest in software-enabled biotech ideas — without having to wait eons for… Read MoreInstana raises $20 million for its microservice monitoring and management service
Dec 14, 11:00AM
Instana, a company that helps enterprises monitor and manage their microservice deployments with the help of automation and artificial intelligence, today announced that it has raised a $20 million Series B round led by Accel, with participation from existing investor Target Partners. This brings Instana’s total funding to $26 million to date. Launched in 2015, Instana bills itself as… Read MoreAlibaba will soon begin selling cars using these gigantic vending machines
Dec 14, 10:47AM
Alibaba last week announced a deal to help Ford sell electric vehicles in China but, aside from the big names involved, the most intriguing part was a proposed vending machine for sales. Now the firm has spilled details of what exactly that will look like. The ‘Car Vending Machines’ are futuristic buildings that look like a gigantic version of something you’d find in Toys… Read MoreHelpster, a platform for temp job seekers in Southeast Asia, raises $2.5M
Dec 14, 9:30AM
Helpster, a two-year-old startup that connects blue-collar workers with employers in Southeast Asia, has closed $2.5 million in new funding. The startup operates in Thailand and Indonesia with around 50 staff split between Bangkok and Jakarta. It aims to disrupt the temporary worker industry, which is dominated by giants like Adecco and Manpower, by vetting its workers closely and using… Read MoreFiniata, the finance platform for SMEs, freelancers and the self-employed, bags €18M funding
Dec 14, 8:00AM
Finiata, the finance platform targeting SMEs, freelancers, and the self-employed that was founded by Sebastian Diemer, who previously co-founded credit scoring and loans company Kreditech, appears to be on somewhat of a roll. The company, formerly known as Bezahlt, has picked up €18 million of financing of its own, and already claims 5,000 customers. Read MorePaddle, the software sales platform founded by a Thiel Fellow, raises $12.5M
Dec 14, 8:00AM
Paddle, a U.K. startup that offers software companies a single platform for the entire software sales process — including trials and licenses, payments, and analytics — has raised $12.5 million in further funding. Read MoreTeabox raises $7M for its global tea-commerce business
Dec 14, 7:23AM
Teabox, the company pioneered the concept of selling tea to direct to consumers online, has served up $7 million in fresh funding to grow its five-year-old business. This new infusion of capital — last tea joke, I promise — is a Series B round that takes Teabox, which has head offices in India and Singapore, to just shy of $15 million in funding to date. The round was led by… Read MoreChina's CCTV surveillance network took just 7 minutes to capture BBC reporter
Dec 14, 6:50AM
It took Chinese authorities just seven minutes to locate and apprehend BBC reporter John Sudworth using its powerful network of CCTV camera and facial recognition technology. This wasn’t a case of a member of the media being forcibly removed from the country. The chase was a stunt set up to illustrate just how powerful and effective the Chinese government’s surveillance system… Read MoreExec who reportedly said Netflix doesn't believe Danny Masterson's accusers no longer works there
Dec 14, 5:24AM
The Netflix executive who reportedly told one of Danny Masterson’s alleged rape victims that the company doesn’t believe them is no longer employed there. Andy Yeatman, Netflix’s director of global kids content, was fired on Monday, reports The Hollywood Reporter. Read MoreSoundCloud resuscitates home screen with personalized playlists
Dec 14, 5:00AM
After laying off 40% of its staff and securing $169 million in emergency funding, SoundCloud’s first product push is a much needed step in the right direction. It’s filling its home page with personalized playlists and best of collections from top genres rather than other content like it’s feed. The hope is to make SoundCloud instantly accessible to new users and a more… Read MoreCrunch Report | Glow-in-the-Dark Plants
Dec 14, 4:00AM
Blue Origin’s Crew Capsule 2.0 takes first flight, scientists at MIT make glow-in-the-dark plants and Google is opening an AI center in China. All this on Crunch Report. Read More
Samsung refreshes its Notebook 9 laptop line
Dec 14, 2:00AM
They say Christmas season gets earlier every year, and the same seems to apply to CES. The year’s biggest tech show is a little less than a month away, yet Samsung’s already showing off what’s likely to be two of its bigger debuts for the show. Both are updates to the company’s solid Notebook 9 line of Windows PCs. Read MoreWizeline expands its outsourced IT services business into southeast Asia
Dec 14, 12:31AM
Wizeline, a provider of outsourced programming services, is expanding its global footprint with agreements to partner with a slew of development shops across Southeast Asia. Founded in 2014, the company’s vision is to provide programming jobs for developers in emerging markets to unlock the local talent pool and expose a new generation and geographies to the startup world. Read MoreThe price is right! Pace raises £2.5M to automate hotel room pricing based on demand
Dec 14, 12:00AM
Pace, a London startup that has developed tech that uses machine learning to let hotels set room prices dynamically based on demand, has raised £2.5 million in seed funding. The financing round is led by InterGlobe, with participation from Seedcamp, Speedinvest, and Amadeus Capital Partners. The company says it will use the new capital to invest in its tech and marketing teams. Read MorePlenty of Fish adds new conversation features to differentiate itself from Tinder
Dec 13, 11:00PM
Match Group, which houses a large portfolio of dating app brands – including most notably, Tinder, Match, and OKCupid – is prepping a notable upgrade to one of its older brands: Plenty of Fish. The dating service, often dubbed ‘POF’ by its users, was founded in 2003 then sold to Match Group in 2015 for $575 million. But it has since remained fairly quiet, in terms of… Read MoreMicrosoft looks to make Bing results smarter with new AI-powered features and Reddit partnership
Dec 13, 10:31PM
At a special AI-focused event today in San Francisco, Microsoft announced a number of feature updates to Bing that it hopes will make results smarter by leveraging the company’s AI research, as well as a new partnership with Reddit. Read MoreMicrosoft makes Azure Bot Service generally available for developers
Dec 13, 10:30PM
Microsoft introduced the Azure Bot Framework more than two years ago and companies have been building chatbots for a variety of scenarios ever since. Today, the company made generally available the Microsoft Azure Bot Service and Microsoft Cognitive Language Understanding service (known as LUIS). Read MoreThe new reality of mobile AR and computer vision venture capital
Dec 13, 10:00PM
Mobile AR from Apple, Google and Facebook and computer vision/machine learning (CV/ML) are focusing the minds and wallets of VCs in Silicon Valley, China and beyond. The $2.5 billion invested in AR/VR so far this year was balanced across AR and VR, but now mobile AR and CV/ML are the new hotness. I spoke to a few friends about how the investment market has evolved. Read MoreHalf of Amazon app users have been switched to a new, swipe-based 1-Click checkout
Dec 13, 9:54PM
Has Amazon’s ‘one-click’ checkout on mobile looked a little different to you lately? A number of users of Amazon’s mobile applications have recently reported seeing a new checkout option that replaces the click – well, on mobile, the tap – with a swipe instead. As it turns out, the option is part of a fairly large-scale test Amazon has underway. Currently… 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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