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Ingrid Lunden @ TechCrunch · 01/12/2021 08:18 EDT

Jedox raises over $100M to expand its financial modeling and analytics software to more verticals

Organizations today — perhaps more than ever before — are relying on technology to help them figure out what the next weeks, months, and years will hold for their business at what has been one of the more tumultuous periods for our global economy in decades. Today, a company that is providing the platform to […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/12/2021 08:11 EDT

Programmable genetics gets more cash as Tessera Therapeutics gets a $230 million infusion

Technologists are getting better at coding biology and venture firms are flooding a new generation of startups with cash so that they can commercialize their technology bringing in the next wave of genetic innovation. Tessera Therapeutics, the Boston-based spinup from Flagship Pioneering, is the latest company to enter the mix with $230 million in new […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/12/2021 07:54 EDT

UK tests ‘Space Tug’ capable of refiring its engine several times in orbit, and collecting space junk

UK SpaceTech startup Skyrora is currently the only private company capable of launching rockets from UK soil. On Christmas Eve at its testing facility in Fife, Scotland, the team performed a third-stage static fire engine test onboard a new vehicle that will ultimately carry satellites to their final destination. But what’s more interesting is that […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/12/2021 07:01 EDT

Jobber raises $60M as its platform for home service professionals hits 100k users

One of the technology byproducts of the Covid-19 pandemic is that it has raised the game for businesses to have better digital tools in place to interface with customers, and their own work, to get things done. Today, a company called Jobber, which has built a platform doing just that for a particular segment of […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 01/12/2021 07:00 EDT

Yelp will show user feedback about businesses’ health and safety practices

Moving forward, Yelp users won’t just be asked whether a business has good food or accepts credit cards — the platform is also allowing them to share feedback on whether the staff is wearing masks and enforcing social distancing. Yelp’s head of consumer product Akhil Kuduvalli Ramesh suggested that this is the next phase of […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 01/12/2021 06:21 EDT

IBM leads U.S. patent list for 2020 as total numbers decline 1% in pandemic year to 352,000

One year in, the Covid-19 global health pandemic continues to have something of a dragging effect on many aspects of life, but today a key bellwether for how technology is developing underscored how the industry continues to march on. The number of patents granted in the US in 2020 totaled 352,013, representing a decline of […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/12/2021 04:37 EDT

LAUNCHub Ventures heading towards a $85M fund for South Eastern European startups

LAUNCHub Ventures, an early-stage European VC which concentrates mainly on Central Eastern (CEE) and South-Eastern Europe (SEE), has completed the first closing of its new fund at €44 million ($53.5M), with an aspiration to reach a target size of €70 million. A final close is expected by Q2 2021. Its principal backer is the European […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 01/12/2021 02:27 EDT

Two ex-Sequoia VCs:  “Maybe the most compelling emerging market is America” outside of Silicon Valley

Roughly eight years ago, investors Mark Kvamme and Chris Olsen left Silicon Valley to open a venture firm, Drive Capital, in Columbus, Ohio. It wasn’t an easy decision. Leaving California wasn’t exactly fashionable at the time. In fact, While Olsen had grown up in Cincinnati, the Yale grad had landed at Sequoia Capital a couple […] Read more

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TechCrunch
Rita Liao @ TechCrunch · 01/12/2021 01:05 EDT

Despite PR storm, Pinduoduo stock and downloads stay robust

Pinduoduo, a rapidly growing Chinese e-commerce company, is weathering its PR storm after the death of an employee sparked criticism against the firm’s grueling working hours. The employee, 21 years old, collapsed on her way home from work on a late night before New Year. The cause of her death has not been disclosed but […] Read more

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TechCrunch
Romain Dillet @ TechCrunch · 01/12/2021 00:01 EDT

Checkout.com raises $450 million and reaches $15 billion valuation

Payments company Checkout.com is raising once again. The company has closed a $450 million Series C round with Tiger Global Management leading the round — Greenoaks Capital and all existing investors are also participating. If you’re not familiar with the company, Checkout.com wants to build a one-stop shop for all things related to payments, such […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 01/12/2021 00:00 EDT

Curve says closing its new $95M Series C funding caused the delay on accounts filing

Curve, the London-based fintech that combines multiple cards and accounts into one smart card and an app, has secured a Series C finding round of $95 million. The financing was led by IDC Ventures, Fuel Venture Capital and Vulcan Capital (the investment arm of the estate of Microsoft co-founder and philanthropist Paul G. Allen), with […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/11/2021 22:00 EDT

Zipmex, which aspires to build the Asia Pacific region’s largest digital assets exchange, raises $6 million led by Jump Capital

Zipmex, a digital assets exchange headquartered in Singapore, announced today it has raised $6 million in funding led by Jump Capital. The startup, which plans to become a digital assets bank, says the round exceeded its initial target of $4 million. Along with earlier funding, it brings the total Zipmex has raised so far to […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/11/2021 21:59 EDT

Amazon is removing products promoting the QAnon conspiracy

Amazon has begun the process of removing QAnon-related products from its platform. A spokesperson for the company said that the process may take a few days. Any sellers that attempt to evade the company’s systems and list products will be subject to action, including a blanket selling ban across Amazon stores. News of the ban was […] Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 01/11/2021 21:57 EDT

Sony reveals more details on its secretive Vision-S sedan

Sony’s Vision-S prototype sedan, one of the biggest surprises at CES last year, didn’t fade away after the tech trade show ended. The Vision-S is back in a series of new videos released by Sony during 2021 CES, which kicked off Monday. Two videos show the Vision-S prototype driving on a private track and then […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/11/2021 21:00 EDT

BukuKas raises $10 million led by Sequoia Capital India to build a “end-to-end software stack” for Indonesian SMEs

The backbone of Indonesia’s economy are small- to medium-sized businesses, which account for 60% of its gross domestic product. Many still rely on manual bookkeeping, but the impact of COVID-19 has driven small businesses to digitize more of their operations. BukuKas, one of several startups helping SMEs go online, announced today it has raised a […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 01/11/2021 19:59 EDT

PopSockets announces its MagSafe-compatible iPhone 12 accessories

In October, TechCrunch broke the news that PopSockets was developing its own line of MagSafe-compatible products that will support the new wireless charging capabilities of the iPhone 12 devices. Today, at the (virtual) 2021 Consumer Electronics Show, the company formally introduced its upcoming products for the first time. The new line will include three MagSafe-compatible […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 01/11/2021 19:54 EDT

Sony unveils AirPeak, its camera-carrying video drone

When Sony teased the AirPeak late last year, it didn’t give us much to go one. We knew the consumer electronics giant was finally getting in the drone business — but beyond that, not much else. Just a dark image or two from some piece of the UAV. See the latest news from Sony unveiled […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/11/2021 19:32 EDT

The Capitol riot and its aftermath makes the case for tech regulation more urgent, but no simpler

Last week and throughout the weekend, technology companies took the historic step of deplatforming the president of the United States in the wake of a riot in which the US Capitol was stormed by a collection of white nationalists, QAnon supporters, and right wing activists. The decision to remove Donald Trump, his fundraising and moneymaking […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 01/11/2021 19:28 EDT

Ahead of inauguration, Airbnb pledges bans for anyone involved in Capitol riot

Building on a policy that the company said has been in place since the Charlottesville protests back in 2017, Airbnb said it will take additional steps to beef up community protections for the DC metro area ahead of the presidential inauguration. Airbnb already removes people from the platform who are associated with violent hate groups […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 01/11/2021 19:00 EDT

Content discovery platform Dable closes $12 million Series C at $90 million valuation to accelerate its global expansion

Launched in South Korea five years ago, content discovery platform Dable now serves a total of six markets in Asia. Now it plans to speed up the pace of its expansion, with six new markets in the region planned for this year, before entering European countries and the United States. Dable announced today that it […] Read more

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