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How young VCs bootstrap new venture firms
Aug 12, 6:35PM
We spend a lot of time talking about new funds, and new startup venture raises, but we spend little time talking about the cash flow challenges of running a venture fund. Let's change that today. Starting a new venture fund is extremely challenging. In addition to just the monstrous task of fundraising — which can […]
London edtech startup Pi-Top sees layoffs after major contract loss
Aug 12, 6:30PM
London-based edtech startup Pi-Top has cut a number of staff, TechCrunch has learned. According to our sources the company has reduced its headcount in recent weeks, with staff being told cuts are a result of restructuring as it seeks to implement a new strategy. One source told us Pi-Top recently lost out on a large […]
Venmo launches instant transfers to bank accounts
Aug 12, 6:28PM
PayPal -owned payments app Venmo today announced support for instant transfers to U.S. bank accounts. The feature is an optional alternative to Venmo’s standard bank transfer service, which typically takes one to three business days to process transactions. With Instant Transfer, however, funds from your Venmo account can hit your bank account within minutes. As […]
Postmates to drop IPO filing next month
Aug 12, 6:20PM
Postmates is gearing up to makes its S-1 public in September, TechCrunch has learned
Polarity raises $8.1M for its AI software that constantly analyzes employee screens and highlights key info
Aug 12, 6:17PM
Reference docs and spreadsheets seemingly make the world go ’round, but what if employees could just close those tabs for good without losing that knowledge? One startup is taking on that complicated challenge. Predictably, the solution is quite complicated as well from a tech perspective, involving an AI solution that analyzes everything on your PC […]
Huawei's new OS isn't an Android replacement… yet
Aug 12, 5:38PM
If making an Android alternative was easy, we'd have a lot more of them. Huawei’s HarmonyOS won't be replacing the mobile operating system for the company any time soon, and Huawei has made it pretty clear that it would much rather go back to working with Google than go at it alone. Of course, that […]
SpaceX, Blue Origin, ULA and Northrop Grumman bid for U.S. national security launch contract
Aug 12, 5:34PM
The U.S. Air Force is looking to lock in its launch providers for national security satellite missions to take place between 2022 and 2026, and the bids for this so-called “Phase 2” procurement contract are now in. The field of competitors looking to become one of the two companies chosen is a who’s who of […]
Announcing the Disrupt SF 2019 agenda
Aug 12, 5:27PM
Disrupt SF 2019 is set to be the biggest and best Disrupt yet. We’ve got a little something for everyone, including space chats with Lockheed Martin’s Marillyn Hewson and Blue Origin’s Bob Smith, a word from Snap CEO Evan Spiegel, a fireside chat with two of 2019’s big VC winners, Ann Miura-Ko and Theresia Gouw, […]
Sequoia leads $40M investment in mobile messaging startup Attentive
Aug 12, 5:00PM
Attentive, a startup helping retailers personalize their mobile messages, is announcing that it has raised $40 million in Series B funding. The startup was founded by Brian Long and Andrew Jones, who sold their previous startup TapCommerce to Twitter. When they announced Attentive’s $13 million Series A last year, Long told me the startup is […]
Roblox announces new game-creation tools and marketplace, $100M in 2019 developer revenue
Aug 12, 4:22PM
A week after gaming platform Roblox announced its new milestone of 100 million monthly users — topping Minecraft — the company said at its fifth annual developer conference that its developer community is on track to earn $100 million in 2019. Roblox also introduced a new set of developer tools for building immersive, more realistic […]
BuzzFeed CTO joins men's health startup Ro
Aug 12, 4:10PM
Ro hires Todd Levy after four years at BuzzFeed.
Light Field Lab raises $28 million to rethink the 3D TV
Aug 12, 3:23PM
Although 3D TVs may have grabbed all the headlines a decade ago at CES, the tech never found a useful inroad into consumers’ homes. Not everyone has given up on them, though they look a bit different now. Light Field Lab, a Bay Area startup that emerged from stealth two years ago, wants to build […]
Nike launches a subscription service for kids' shoes, Nike Adventure Club
Aug 12, 2:49PM
Just in time for back-to-school shopping, Nike today officially announced its entry into the subscription service market with the launch of a “sneaker club” for kids called Nike Adventure Club. The new program is specifically designed to make shopping easier for parents who struggle to keep up with their quickly growing children’s shoe needs. Instead […]
Lucidworks raises $100M to expand in AI-powered search-as-a-service for organizations
Aug 12, 2:40PM
If the sheer amount of information that we can tap into using the internet has made the world our oyster, then the huge success of Google is a testament to how lucrative search can be in helping to light the way through that data maze. Now, in a sign of the times, a startup called Lucidworks, […]
TechCrunch's Enterprise event early-bird deadline extended: buy now & save $100
Aug 12, 2:00PM
Even the most enterprising startup founders can suffer a bout of procrastination or last-minute decision making. We get it. That's why we're extending the early-bird deadline for TC Sessions: Enterprise 2019 in San Francisco on September 5. You now have until August 16 at 11:59 p.m. (PT) to save $100 on this day-long conference focused on […]
Twitter's latest test lets users subscribe to a tweet's replies
Aug 12, 1:33PM
Twitter in more recent months has been focused on making conversations on its platform easier to follow, participate in and, in some cases, block. The company’s latest test, announced via a tweet ahead of the weekend, will allow users to subscribe to replies to a particularly interesting tweet they want to follow, too, in order […]
Bosch is working on glasses-free 3D displays for in-car use
Aug 12, 12:06PM
German auto industry giant Bosch is developing new technology that will add glasses-free 3D imaging to future versions of its in-car digital display technology. These 3D displays use passive 3D tech, which means you won’t need to wear glasses to see the effect, and it also skips eye tracking, which is a key ingredient for […]
Deliveroo is exiting the German market
Aug 12, 12:04PM
U.K. on-demand food delivery startup Deliveroo is pulling the plug on its service in Germany. The startup expanded into the market more than four years ago. But in an email sent to users it writes that — “regrettably” — it will be exiting Germany on August 16. “This was not an easy decision and one […]
India's Reliance Jio inks deal with Microsoft to expand Office 365, Azure to more businesses; unveils broadband, blockchain and IoT platforms
Aug 12, 8:09AM
India's Reliance Jio, which has disrupted the local telecom and features phone markets in less than three years of existence, is ready to foray into many more businesses. In a series of announcements Monday, which included a long-term partnership with global giant Microsoft, Reliance Jio said it will commercially roll out its broadband service next […]
India's Meesho raises $125M to expand its social commerce business
Aug 12, 6:30AM
Meesho, a Bangalore-based social commerce startup, has raised $125 million in a new financing round to expand its business in the country and change the way millions shop online. The Series D round was led by Naspers, with existing investors SAIF, Sequoia, Shunwei Capital, RPS and Venture Highway participating as well. Facebook also participated in […]
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