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Jonathan Shieber @ TechCrunch · 01/21/2021 09:19 EDT

The biggest step the Biden administration took on climate yesterday wasn’t rejoining the Paris Agreement

While the Biden Administration is being celebrated for its decision to rejoin the Paris Agreement in one of its first executive orders after President Joe Biden was sworn in, it wasn’t the biggest step the administration took to advance its climate agenda. Instead it was a move to get to the basics of monitoring and [
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TechCrunch
Anthony Ha @ TechCrunch · 01/21/2021 09:02 EDT

Soci raises $80M for its localized marketing platform

Soci, a startup focused on what it calls “localized marketing,” is announcing that it has raised $80 million in Series D funding. National and global companies like Ace Hardware, Anytime Fitness, The Hertz Corporation and Nekter Juice Bar use Soci (pronounced soh-shee) to coordinate individual stores as they promote themselves through search, social media, review [
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TechCrunch
Darrell Etherington @ TechCrunch · 01/21/2021 08:36 EDT

Apple said to be working a high-priced standalone VR headset as debut mixed reality product

Apple is reportedly working on developing a high-end virtual reality headset for a potential sales debut in 2022, per a new Bloomberg report. The headset would include its own built-in processors and power supply, and could feature a chip even more powerful than the M1 Apple Silicon processor that the company currently ships on its [
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TechCrunch
Catherine Shu @ TechCrunch · 01/21/2021 08:16 EDT

Creative Fabrica, a platform for digital crafting resources, lands $7 million Series A

Creative Fabrica is best known as a marketplace for digital files, like fonts, graphics and machine embroidery designs, created for crafters. Now the Amsterdam-based startup is planning to expand into new verticals, including yarn crafts and projects for kids, with a $7 million Series A round led by Felix Capital. FJ Labs and returning investor [
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TechCrunch
Natasha Lomas @ TechCrunch · 01/21/2021 07:18 EDT

Google inks agreement in France on paying publishers for news reuse

Google has reached an agreement with an association of French publishers over how it will be pay for reuse of snippets of their content. This is a result of application of a ‘neighbouring right’ for news which was transposed into national law following a pan-EU copyright reform agreed back in 2019. The tech giant had [
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TechCrunch
Mike Butcher @ TechCrunch · 01/21/2021 07:01 EDT

Israel’s startup ecosystem powers ahead, amid a year of change

But it’s been hard to argue against this position in the last ten years, as the country powered ahead, famously producing ground-breaking startups like Waze, which was eventually picked up by Google for over $1 billion in 2013. Waze’s 100 employees received about $1.2 million on average, the largest payout to employees in Israeli high [
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TechCrunch
Mike Butcher @ TechCrunch · 01/21/2021 06:03 EDT

Financial forecasting startup Springbox AI launches its apps and raises $2M

Springbox AI, an AI-powered financial forecasting application designed to replace financial market investment service and aimed at the average financial markets trader, has launched on iOS and Android. It’s been built by a team of founders who previously worked at Deutsche Bank, Credit Suisse, UBS, and BNP Paribas. It’s so far raised $2M in funding [
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TechCrunch
Romain Dillet @ TechCrunch · 01/21/2021 05:11 EDT

Raspberry Pi Foundation launches $4 microcontroller with custom chip

Meet the Raspberry Pi Pico, a tiny little microcontroller that lets you build hardware projects with some code running on the microcontroller. Even more interesting, the Raspberry Pi Foundation is using its own RP2040 chip, which means that the foundation is now making its own silicon. If you’re not familiar with microcontrollers, those devices let [
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TechCrunch
Frederic Lardinois @ TechCrunch · 01/21/2021 04:00 EDT

Porsche and Axel Springer increase investment into their APX accelerator to €55M

Berlin-based early-stage fund APX today announced that its two investors, European publisher Axel Springer and sports car maker Porsche, have increased their investment in the fund to a total of €55 million. With this, APX, which launched in 2018, is now able to deploy up to €500,000 in pre-Series A seed funding per company. That’s [
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TechCrunch
Steve O'Hear @ TechCrunch · 01/21/2021 04:00 EDT

Softr scores $2.2M seed for its no-code website and web app platform powered by Airtable

No-code — software that lets you accomplish tasks that previously required coding skills — is an increasingly hot space, even if the basic premise has been promised and not fully realised for many years. Related to this are companies like Airtable, which attempt to make building relational databases and interrogating them as easy as creating [
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TechCrunch
Mike Butcher @ TechCrunch · 01/21/2021 03:01 EDT

Eight Roads Ventures Europe shifts its gears towards diversity, appointing Lucile Cornet to Partner

The world of European VC can post another win for diversity this week as Lucile Cornet is appointed Partner with Eight Roads Ventures Europe, a firm focusing on startups in Europe and Israel. Cornet is its first female Partner. Eight Roads is backed by Fidelity and has over $6 billion assets under management globally. Cornet [
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TechCrunch
Connie Loizos @ TechCrunch · 01/21/2021 00:57 EDT

This startup says its AI can better spot a healthy embryo — and improve IVF success

With every year, AI is beginning to bring more standardized levels of diagnostic accuracy in medicine. This is true of skin cancer detection, for example, and lung cancers. Now, a startup in Israel called Embryonics says its AI can improve the odds of successfully implanting a healthy embryo during in vitro fertilization. What the company [
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TechCrunch
Romain Dillet @ TechCrunch · 01/21/2021 00:45 EDT

Accounting automation startup Geroges raises $42.4 million and rebrands to Indy

French startup Georges — or Georges.tech — is raising a new round of funding of $42.4 million (€35 million). The company is also getting a new name and will be called Indy going forward. The startup has been building an accounting automation application for freelancers and small companies. Singular is leading today’s funding round. You [
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TechCrunch
Jonathan Shieber @ TechCrunch · 01/21/2021 00:12 EDT

Wireless charging tech developer Powermat pivots to industrial applications with Jetsons Robotics partnerhsip

When the two year-old Indian company Jetsons Robotics began searching for a partner to help design charging stations for their autonomous rooftop solar installation cleaning robots, the Israeli company Powermat was an obvious choice. While the company had made its name as the designer for wireless charging technologies for consumer electronics, over the past two [
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TechCrunch
Catherine Shu @ TechCrunch · 01/20/2021 22:16 EDT

Digital securities platform iSTOX closes $50 million Series A to make private equity accessible to more investors

iSTOX, a digital securities platform that wants to make private equity investment more accessible, has added new investors from Japan to its Series A round, bringing its total to $50 million. Two of its new backers are the government-owned Development Bank of Japan and JIC Venture Growth Investments, the venture capital arm of Japan Investment [
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TechCrunch
Manish Singh @ TechCrunch · 01/20/2021 20:19 EDT

Indian stock exchanges approve $3.4B Reliance and Future deal in setback for Amazon

Indian stock exchanges approved the $3.4 billion deal between retail giants Reliance Retail and Future Group on late Wednesday in yet another setback for Amazon, which has invested over $6.5 billion in the world’s second largest internet market and sought to block the aforementioned deal. The Bombay Stock Exchange said in a notification that it [
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TechCrunch
Steve O'Hear @ TechCrunch · 01/20/2021 19:01 EDT

Genflow nabs $11M investment from BGF

Genflow, a London and L.A.-based brand building agency that offers an e-commerce and mobile tech platform to let influencers start companies, has raised $11 million in funding. Leading the round is U.K. investor BGF. The injection of capital will be used by Genflow to further scale its offering and for international expansion. Founded in 2016 [
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TechCrunch
Anthony Ha @ TechCrunch · 01/20/2021 18:39 EDT

Daily Crunch: Trump pardons Anthony Levandowski

On his way out the door, President Donald Trump pardons a former Googler, Jack Ma reappears and Wattpad gets acquired. This is your Daily Crunch for January 20, 2021. The big story: Trump pardons Anthony Levandowski Although Donald Trump is no longer president of the United States as I write this, he still held the [
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TechCrunch
Sarah Perez @ TechCrunch · 01/20/2021 16:39 EDT

Curtsy, a clothing resale app aimed at Gen Z women, raises $11 million Series A

Curtsy, a clothing resale app and competitor to recently IPO’d Poshmark, announced today it has raised $11 million in Series A funding for its startup focused on the Gen Z market. The app, which evolved out of an earlier effort for renting dresses, now allows women to list their clothes, shoes and accessories for resale, [
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TechCrunch
Natasha Mascarenhas @ TechCrunch · 01/20/2021 16:11 EDT

African edtech startup uLesson lands a $7.5 million Series A

ULesson, an edtech startup based in Nigeria that sells digital curriculum to students through SD cards, has raised $7.5 million in Series A funding. The round is led by Owl Ventures, which closed over half a billion in new fund money just months ago. Other participants include LocalGlobe and existing investors, including TLcom Capital and [
] Read more â€ș

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