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Rita Liao @ TechCrunch · 01/19/2021 05:00 EDT

Qualcomm-backed chipmaker Kneron nails Foxconn funding, deal

A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Kneron, which specializes in energy-efficient processors for edge artificial intelligence, just raised a strategic funding round from Taiwan’s manufacturing giant Foxconn and integrated circuit producer Winbond. The deal came a year after […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/19/2021 04:57 EDT

Google backs India’s Dunzo in $40 million funding round

Google is writing check to another startup in India. The Android-maker, which last year unveiled a $10 billion fund to invest in the world’s second largest internet market, said on Tuesday that it is participating in a $40 million investment round of hyperlocal delivery startup Dunzo, a Bangalore-based firm that it has also previously backed. […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 01/19/2021 04:50 EDT

Health insurance startup Alan launches free medical app Alan Baby

French startup Alan is generating 100% of its revenue from health insurance products — and that isn’t going to change. But the company wants to start a conversation with a bigger use base. Alan is going to launch multiple mobile apps that let you learn more about health topics, contact a doctor and chat with […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/19/2021 04:22 EDT

TikTok’s Chinese version Douyin launches an e-wallet

Tencent’s WeChat Pay and Alibaba’s affiliate Alipay have long dominated digital payments in China, but they have always faced new challengers. The latest entrant in online payments is Douyin, TikTok’s Chinese version. The short video app recently added “Douyin Pay” to its list of existing payment options, which have included Alipay and WeChat Pay. “The […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 01/19/2021 04:00 EDT

Skyqraft raises $2.2M seed for its powerline issue detection system

Skyqraft, the Swedish startup using AI and drones for electricity powerline inspection, has raised $2.2 million in seed funding, capital it will use to further develop its technology and expand its operations in Europe and in the U.S. Leading the seed round is Subvenio Invest, with participation from pre-seed backer Antler, Next Human Ventures, and […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 01/19/2021 03:00 EDT

LeoCare raises $18.1 million for its insurance products designed to fit in a mobile app

French startup LeoCare has raised a €15 million funding round. Felix Capital, Ventech and Daphni are participating in today’s funding round. The company is selling a portfolio of insurance products with a focus on the signup process and user experience. You can control your insurance products from a mobile app. Chances are you already pay […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/18/2021 23:30 EDT

Prosus Ventures leads $30 million investment in Indian agritech startup DeHaat

Once overlooked, agritech startups are beginning to have a moment in India. On Tuesday, DeHaat, an online platform that offers full-stack agricultural services to farmers, said it has raised $30 million in a new financing round as the Indian firm looks to maintain its accelerated growth despite the pandemic. Prosus Ventures, formerly known as Naspers […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/18/2021 19:31 EDT

Salesforce leads $15M investment round in Indian HR tech platform Darwinbox

Darwinbox, which operates a cloud-based human resource management platform, has raised $15 million in a new financing round as the Indian startup looks to expand beyond the country and Southeast Asian markets. The new round, a Series C, for the Hyderabad-based startup was led by Salesforce Ventures, the venture arm of the American software giant. […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/18/2021 17:00 EDT

Singapore-based Volopay raises $2.1 million seed round to build a “financial control center” for businesses

Volopay, a Singapore-based startup building a “financial control center” for businesses, announced today it has raised $2.1 million in seed funding. The round was led by Tinder co-founder Justin Mateen, and included participation from Soma Capital, CP Ventures, Y Combinator, VentureSouq, the founders of Razorpay and other angel investors. The funding will be used on […] Read more

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TechCrunch
Steve Gillmor @ TechCrunch · 01/18/2021 15:47 EDT

Gillmor Gang: Twitter+

The best thing about 2020 is we survived it. No need to say what the worst thing is, it’s hands down our collective stupidity in the choices we’ve made. That reality has forced us to refactor what we do moving forward. If we had correctly understood the massive changes ahead, we would not be wondering […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/18/2021 15:06 EDT

Cryptocat author gets insanely fast backing to build p2p tech for social media

The idea for Capsule started with a tweet about reinventing social media. A day later cryptography researcher, Nadim Kobeissi — best known for authoring the open source e2e encrypted desktop chat app Cryptocat (now discontinued) — had pulled in a pre-seed investment of $100,000 for his lightweight mesh-networked microservices concept, with support coming from angel […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/18/2021 12:01 EDT

The Station: CES trends and Uber plots another spinoff

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/18/2021 11:52 EDT

Calling Bucharest 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 Bucharest and Romania will capture how the country is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. We’d like to know how Romania’s startup scene is […] Read more

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TechCrunch
Walter Thompson @ TechCrunch · 01/18/2021 11:43 EDT

It may not be as glamorous as D2C, but beauty tech is big money

Shifting consumer demands within beauty and retail are creating rich opportunities for U.S.-based beauty/consumer tech SaaS companies. Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/18/2021 10:31 EDT

Bustle CEO Bryan Goldberg explains his plans for taking the company public

"Now, you know, we did six acquisitions in 2019. I don't know if we'll do six acquisitions in 2021. But I want to do a lot more than one acquisition in 2021." Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 01/18/2021 08:02 EDT

Watch Virgin Orbit launch a rocket to space from a modified 747 for the first time

Virgin Orbit scored a major success on Sunday, with a test flight that not only achieved its goals of reaching space and orbit, but also of delivering payloads on board for NASA, marking its first commercial mission, too. The launch was a success in every possible regard, which puts Virgin Orbit on track to becoming […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 01/18/2021 07:33 EDT

WhatsApp-Facebook data-sharing transparency under review by EU DPAs after Ireland sends draft decision

A long-running investigation in the European Union focused on the transparency of data-sharing between Facebook and WhatsApp has taken the first major step towards a resolution. Ireland’s Data Protection Commission (DPC) confirmed Saturday it sent a draft decision to fellow EU DPAs towards the back end of last year. This will trigger a review process […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 01/18/2021 06:35 EDT

Tencent-backed Hike, once India’s answer to WhatsApp, has given up on messaging

India’s answer to WhatsApp has completely moved on from messaging. Hike Messenger, backed by Tencent, Tiger Global and SoftBank and valued at $1.4 billion in 2016, earlier this month announced that it was shutting down Sticker Chat, its messaging app. The startup, founded by Kavin Bharti Mittal, this month pivoted to two virtual social apps […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/18/2021 06:31 EDT

proSapient raises $10M Series A led by Smedvig Capital to expand expert network platform

For several years there has been talk about how to leverage ‘experts’ online. How do you ‘suck their brains’ for information in an efficient manner, whether it be for research into companies or sectors, often for investment purposes. Major players in this arena include GLG, Third Bridge, Guidepoint and Alphasights. With the pandemic destroying many […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/18/2021 04:04 EDT

Samsung vice chairman Jay Y. Lee sent back to prison in bribery case

Samsung Electronics vice chairman Jay Y. Lee is back in prison following a retrial of his 2017 conviction in a bribery case that helped lead to the downfall of former South Korean president Park Guen-hye. The Seoul High Court sentenced Lee to 30 months on Monday. Lee was originally convicted of bribery in 2017 and […] Read more

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