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Alex Wilhelm @ TechCrunch · 01/25/2021 14:03 EDT

Qualtrics raises IPO pricing ahead of debut

This morning, Qualtrics, a software company that tracks customer and employee sentiment, filed a new S-1 document. The new filing raises Qualtrics’ expected IPO price range, providing the Utah-based unicorn with a higher potential valuation in its impending debut. Qualtrics previously sold to SAP for $8 billion while on the path to going public; after […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/25/2021 13:46 EDT

Chamath Palihapitiya’s SPAC for Sunlight Financial is another sign of a renewables boom

Former Facebook employee and current enfant terrible of high finance Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar energy financing company, Sunlight Financial. Sunlight Financial is essentially a lending company that gives solar installers a way to provide loans to homeowners to finance solar power […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/25/2021 13:35 EDT

Twitter’s Birdwatch fights misinformation with community notes

Twitter is launching what it calls “a community-based approach to misinformation.” The Birdwatch project first came to light last fall thanks to product sleuth Jane Manchun Wong. Now Twitter has launched a pilot version via the Birdwatch website. The goal, as explained in a blog post by Twitter’s Vice President of Product Keith Coleman, is […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/25/2021 12:55 EDT

Hear leading voices discuss workplace organizing in tech at TC Sessions: Justice on March 3

In a year defined by economic and civil unrest, it should come as little surprise that workplace organizing has been on the upswing. The COVID-19 pandemic in particular (coupled with the ever-present effects of late capitalism) has brought longstanding questions of employment stability and safety to the forefront of many. Of course, much of this […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/25/2021 12:46 EDT

Google claims almost no change in ad revenue from targeting proposals in its Privacy Sandbox — but privacy upside less clear

As Google’s Privacy Sandbox remains under scrutiny over competition concerns, the tech giant has released an update claiming experimental ad-targeting techniques it’s developing as part of the plan to depreciate support for third party cookies on its Chrome browser show results that are “nearly as effective as cookie-based approaches”. Google has been working on a […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/25/2021 11:43 EDT

Calling Swedish VCs: Be featured in The Great TechCrunch Survey of European VC

TechCrunch is embarking on a major project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Stockholm, and Sweden generally, will capture how the country is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. The deadline is the end of this week. […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/25/2021 11:39 EDT

Unpacking Chamath Palihapitiya’s SPAC deals for Latch and Sunlight Financial

Latch is an enterprise SaaS company that makes keyless entry systems for buildings; Sunlight Financial offers point of sale financing for residential solar systems. Read more

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TechCrunch
Jordan Crook @ TechCrunch · 01/25/2021 11:31 EDT

Goalsetter raises $3.9 million to teach financial literacy to kids

Goalsetter, a platform that helps parents teach their kids financial literacy, announced the raise of a $3.9 million seed round this morning, led by Astia. PNC Bank, Mastercard, US. Bank, Northwestern Mutual Future Ventures, Elevate Capital, Portfolia’s First Step and Rising America Fund and Pipeline Angels also participated in the round. The round also saw […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/25/2021 10:58 EDT

As it hits $100 million run rate, The Pill Club adds former Uber exec Liz Meyerdirk as CEO

Liz Meyerdirk made a name for herself at Uber as the Senior Director & Global Head of Business Development for the company’s Uber Eats business and she’s now turning her attention to women’s health as the new chief executive of The Pill Club. The move comes at a perilous time for the remote delivery of […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/25/2021 10:54 EDT

Virgin Orbit will launch first Dutch defense satellite in mission that will demo rapid response capabilities

Virgin Orbit isn’t slowing down after joining the exclusive club of small launch companies that have made it to orbit – the company just announced that it’s flying a payload on behalf of customer the Royal Netherlands Air Force (RNAF). This is the first ever satellite being put up by the Dutch Ministry of Defense, […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/25/2021 10:48 EDT

BlackCart raises $8.8M Series A for its try-before-you-buy platform for online merchants

A startup called BlackCart is tackling one of the key challenges with online shopping: an inability to try on or test out the merchandise before making a purchase. That company, which has now closed on $8.8 million in Series A funding, has built a try-before-you-buy platform that integrates with e-commerce storefronts, allowing customers to ship […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/25/2021 10:06 EDT

Melio raises $110M on a $1.3B valuation to bring B2B payments for SMBs into the 21st century

Payments for consumers have made a huge shift to the online world in the last year, a time when they have moved more of their purchasing to the internet to minimize in-person transactions in the midst of a virus-based health pandemic. Today, a startup that has built a similar kind of payments infrastructure — but […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/25/2021 10:03 EDT

Equity Monday: Clubhouse, Taboola, and why the SPAC wave will get worse

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday,  our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You […] Read more

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 01/25/2021 09:37 EDT

Early-stage African VC firm, Microtraction reports portfolio boom despite the weight of COVID-19

In a year marred by the coronavirus pandemic, it seems that early-stage startups on the African continent are continuing to see some notable growth, both in terms of their business and from investors looking to back them.  Microtraction, an early-stage venture capital firm based in Lagos, Nigeria, saw funding nearly quadruple for its portfolio. In […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/25/2021 09:07 EDT

Apple’s new Fitness+ feature brings celebrity-guided walks to your wrist

Here’s a bit of a curve ball from Apple. A month-and-a-half or so after launching the Fitness+ app premium workout service, the company’s offering up an add-on intended to offer an exercise dimension beyond the confines of iOS (and your living room). Arriving today for Fitness+ subscribers, Time to Walk is a new, guided walking […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/25/2021 09:01 EDT

Moderna says it’s making variant-specific COVID-19 vaccines, but its existing vaccine should still work

Moderna has detailed some of the steps it’s taking to ensure that its vaccine remains effective in the face of emerging strains of the SARS-CoV-2 virus that leads to COVID-19. These include testing how adding a second booster, for a total of three shots, works with its existing COVID-19 vaccine, and also developing a strain-specific […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/25/2021 08:53 EDT

Apple hit with another European class action over throttled iPhones

A third class action lawsuit has been filed in Europe against Apple seeking compensation — for what Italy’s Altroconsumo consumer protection agency dubs “planned obsolescence” of a number of iPhone 6 models. The action relates to performance throttling Apple applied several years ago to affected iPhones when the health of the device’s battery had deteriorated […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/25/2021 08:30 EDT

Proving voicemail doesn’t have to be wack, the Slack-backed startup Yac raises $7.5 million

Yac, the Orlando, Fla.-based startup that’s digitizing voice messages for remote offices, has raised $7.5 million in a new round of funding. The company’s service has garnered enough attention to pick up a pretty sizable new round from investors led by GGV Capital and a return investment from the Slack Fund. Apparently, reinventing voicemail is a […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/25/2021 07:23 EDT

TikTok has until Friday to respond to Italy’s order to block users it can’t age-verify after girl’s death

TikTok has until Friday to respond to an order by Italy’s data protection agency to block users whose age it cannot verify, TechCrunch has learned. The GPDP made an ‘immediate’ order Friday in response to the death of a 10-year-old girl from Palermo who died of asphyxiation after participating in a ‘blackout challenge’ on the […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 01/25/2021 07:04 EDT

Wolt closes $530M round to continue expanding beyond restaurant delivery

Wolt, the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. The round was led by Iconiq Growth, with participation from Tiger Global, DST, KKR, Prosus, EQT Growth and Coatue. Previous backers 83North, Highland Europe, Goldman Sachs Growth Equity, […] Read more

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