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Anthony Ha @ TechCrunch · 01/25/2021 07:00 EDT

Taboola is going public via SPAC

Taboola is the latest company seeking to go public via special purpose acquisition corporation — more commonly known as a SPAC. To achieve this, it will merge with ION Acquisition Corp, which went public in 2020 with the aim of funding an Israeli tech acquisition (Haaretz reported last month that Taboola was in talks with […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/25/2021 05:27 EDT

Google pledges grants and facilities for COVID-19 vaccine programs

Google said today it is taking several steps to help with COVID-19 vaccine distribution in the United States, including grants and opening its facilities to vaccination programs. The tech giant is among several other large corporations, including Amazon, Walmart, Starbucks and Microsoft, that have pledged support to local government agencies and medical providers to help […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 01/25/2021 05:00 EDT

Sano Genetics, a startup helping with Long Covid research, raises £2.5M in seed funding

Sano Genetics, a startup with a broad mission to support personalised medicine research by increasing participation in clinical trials, has raised £2.5 million in seed funding. The round is led by Episode1 Ventures, alongside Seedcamp, Cambridge Enterprise, January Ventures, and several Europe and U S.-based angel investors. It adds to £500,000 in pre-seed funding in […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/25/2021 05:00 EDT

Virtual social network IMVU raises $35M from China’s NetEase and others

The line between social networking and gaming is increasingly blurring, and internet incumbents are taking notice. NetEase, the second-largest gaming company in China behind Tencent, is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California. Menlo Park-based Structural Capital among other institutions also joined in the strategic […] Read more

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 01/25/2021 04:00 EDT

Kenyan insurtech startup Pula raises $6M Series A to derisk smallholder farmers across Africa

Pula, a Kenyan insurtech startup that specialises in digital and agricultural insurance to derisk millions of smallholder farmers across Africa, has closed a Series A investment of $6 million. The round was led by Pan-African early-stage venture capital firm,  TLcom Capital, with participation from nonprofit Women’s World Banking. The raise comes after Pula closed $1 […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 01/25/2021 03:10 EDT

Alma raises $59.4 million for its Klarna-like payment option

French startup Alma is raising a $59.4 million Series B funding round (€49 million). The company has been building a new payment option for expensive good. You can choose to pay over three or four installments. This product sounds familiar if you’ve used Klarna in the past. But Klarna isn’t available in France. Cathay Innovation, […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 01/25/2021 00:00 EDT

Cybersecurity startup SpiderSilk raises $2.25M to help prevent data breaches

Dubai-based cybersecurity startup SpiderSilk has raised $2.25 million in a pre-Series A round, led by venture firms Global Ventures and STV. In the past two years, SpiderSilk has discovered some of the biggest data breaches: Blind, the allegedly anonymous social network that exposed private complaints by Silicon Valley employees; a lab leaked highly sensitive Samsung […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/24/2021 22:46 EDT

Autonomous driving startup Uisee attracts Chinese state investor in $150M round

There is no lack of state funding for China’s smart driving startups nowadays as the country advances its goal to become a global leader in artificial intelligence in a decade’s time. The latest to get a financial boost is Uisee, a Beijing-based company founded by a group of tech veterans including the former head of […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/24/2021 17:02 EDT

Wingcopter raises $22 million to expand to the U.S. and launch a next-generation drone

German drone technology startup Wingcopter has raised a $22 million Series A – its first significant venture capital raise after mostly bootstrapping. The company, which focuses on drone delivery, has come a long way since its founding in 2017, having developed, built and flown its Wingcopter 178 heavy-lift cargo delivery drone using its proprietary and […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/24/2021 12:46 EDT

Clubhouse announces plans for creator payments and raises new funding led by Andreessen Horowitz

Buzzy live voice chat app Clubhouse has confirmed that it has raised new funding – without revealing how much – in a Series B round led by Andreessen Horowitz through the firm’s partner Andrew Chen. The app was reported to be raising at a $1 billion valuation in a report from The Information that landed […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/24/2021 11:44 EDT

SpaceX sets new record for most satellites on a single launch with latest Falcon 9 mission

SpaceX has set a new all-time record for the most satellites launched and deployed on a single mission, with its Transporter-1 flight on Sunday. The launch was the first of SpaceX’s dedicated rideshare missions, in which it splits up the payload capacity of its rocket among multiple customers, resulting in a reduced cost for each […] Read more

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TechCrunch
Henry Pickavet @ TechCrunch · 01/24/2021 09:30 EDT

How emerging markets are approaching crypto

From Brazil to Nigeria, people turn to bitcoin because it’s the most advantageous way for them to conduct international transactions.  Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/24/2021 09:06 EDT

Watch SpaceX’s first dedicated rideshare rocket launch live, carrying a record-breaking payload of satellites

  SpaceX is set to launch the very first of its dedicated rideshare missions – an offering it introduced in 2019 that allows small satellite operators to book a portion of a payload on a Falcon 9 launch. SpaceX’s rocket has a relatively high payload capacity compared to the size of many of the small satellites […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/24/2021 00:00 EDT

8 investors tell us the story behind the Romanian startup boom

With record funding levels and three unicorns to show, local investors are buoyant about Romania’s prospects heading into 2021. We caught up with eight of them recently, and heard how the country’s technical talent pool, broadband access and low cost of living have positioned it for the era of remote-first global companies across industries. The […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 01/23/2021 16:00 EDT

Instacart to eliminate about 2,000 jobs and GitHub head of HR resigns

Hey y’all. You’ve just landed on Human Capital, the weekly newsletter that details the latest in labor, and diversity and inclusion in tech. The week kicked off with GitHub making a public apology to the person the company terminated for cautioning his employees about Nazis in D.C. on the day of the insurrection at the […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 01/23/2021 16:00 EDT

How VCs and founders see 2021 differently

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Click here if you want it in your inbox every Saturday morning. Ready? Let’s talk money, startups and spicy IPO rumors. We’re shaking things up this weekend in […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 01/23/2021 15:26 EDT

Augmented reality and the next century of the web

Howdy friends, this is the web version of my Week in Review newsletter, it’s here to entice you to sign up and get it in your inbox every week. Last week, I showcased how Twitter was looking at the future of the web with a decentralized approach so that they wouldn’t be stuck unilaterally de-platforming […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/23/2021 14:00 EDT

Work trips are making a $5 billion comeback

Would you bet millions of dollars on a corporate travel comeback? Doesn’t matter. Andreessen Horowitz, Addition and Elad Gil are anyways. This week, the trio led a nine-figure financing round in TripActions, a software company that helps other companies book and manage corporate travel. But the news is (always) more than the number. I see […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/23/2021 12:40 EDT

Original Content podcast: ‘Bridgerton’ is an addictive reimagining of Jane Austen-style romance

“Bridgerton,” the Shondaland drama that launched last month on Netflix, offers a few key updates to the standard formula of Regency-era  romance. For one thing, there’s a racially diverse cast, with Black actors taking on the role of early 19th-century English nobility and royalty. (At one point, one of the characters offers an unconvincing explanation […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/23/2021 11:00 EDT

This Week in Apps: TikTok viral hit breaks Spotify records, inauguration boosts news app installs, judge rules against Parler

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry is as hot as ever, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices […] Read more

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