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Natasha Mascarenhas @ TechCrunch · 11/13/2020 18:59 EDT

NextView Ventures closes its fourth fund with $89 million

NextView Ventures, a Boston-based venture capital fund, has raised an $89.6 million fund, according to SEC filings. The firm’s fourth fund, its largest to date, is oversubscribed, with early documents indicating a $70 million goal. The NextView Ventures team did not immediately respond to request for comment. NextView Ventures was launched in 2010 by Rob […] Read more ›

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TechCrunch
Brian Heater @ TechCrunch · 11/13/2020 18:12 EDT

Google pulls the plug on Expeditions VR app, migrates tours to Arts & Culture

Google today announced that it is ending support for Expeditions. The VR app will also be pulled from its own Play Store and Apple’s App Store in June of next year. In a blogpost somewhat confusingly titled, “Expanding Google Arts and Culture with Expeditions,” the company notes the 360-degree tours captured for the project will […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 11/13/2020 17:01 EDT

Uber in talks to sell ATG self-driving unit to Aurora

Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and Softbank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in talks with Uber to buy it, according to three sources familiar with the […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 11/13/2020 15:32 EDT

Extra Crunch roundup: Inside DoorDash’s IPO, first-person founder stories, the latest in fintech VC and more

One of my favorite series of Monty Python sketches is built around the concept of surprise: Chapman: I didn’t expect a kind of Spanish Inquisition. [JARRING CHORD] [Three cardinals burst in] Cardinal Ximénez: NOBODY expects the Spanish Inquisition! I was reminded of this today when I needed to reschedule a few stories so we could cover DoorDash’s S-1 […] Read more ›

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TechCrunch
Devin Coldewey @ TechCrunch · 11/13/2020 15:15 EDT

Demon’s Souls: The first truly next-gen game is a lopsided but impressive showcase

The next generation of gaming is here with the PlayStation 5 and Xbox Series X — except it isn’t, because there are almost no next-generation games to play on them. Demon’s Souls is the first title that can truly be called next-gen, and it shows — even though it’s a remake of a PS3 game… […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 11/13/2020 14:30 EDT

Filing: Online learning marketplace Udemy is raising up to $100M at a $3.32B valuation

Online education has been one of the hotspots in the tech world this year, as people turn to e-learning tools to fill in the gaps variously arising from closed schools, closed offices, social distancing, and more time on our hands at home because of the Covid-19 pandemic. And that is giving a big bump to […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/13/2020 14:28 EDT

How COVID-19 accelerated DoorDash’s business

DoorDash filed to go public today, publishing numbers that showed rapid growth, enhanced profitability and an improving cash flow record which helped explain how the company had grown to a $16 billion valuation while private. The unicorn’s impending liquidity event will enrich a host of venture capital firms that bet on its eventual maturity. Instead […] Read more ›

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 11/13/2020 13:38 EDT

Getaround tops up $25M debt financing to its $140M Series E

Silicon Valley peer-to-peer car rental startup Getaround has secured a $25 million loan from Horizon Technology Finance Corporation. The financing announcement comes one month after Getaround raised $140 million from investors, including SoftBank Vision Fund, Menlo Ventures, Reid Hoffman and Mark Pincus’ Reinvent Capital. Getaround’s raise signals that the company is looking for new ways […] Read more ›

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TechCrunch
Walter Thompson @ TechCrunch · 11/13/2020 13:02 EDT

Which emerging technologies are enterprise companies getting serious about in 2020?

Even within the same industry, not all big, established companies are the same when it comes to their readiness to start investing in new technology. Read more ›

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TechCrunch
Devin Coldewey @ TechCrunch · 11/13/2020 12:34 EDT

Nintendo’s Mario Game & Watch is a choice gaming stocking stuffer of 2020

Nintendo will never stop mining its past for new nostalgia-based products, but at least it tends to do so with aplomb and occasionally even generosity. The former at least is on display with the Super Mario Bros. Game & Watch, a standalone handheld that plays the first Mario game, its unbelievably hard “Lost Levels” sequel, […] Read more ›

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TechCrunch
Alexandra Ames @ TechCrunch · 11/13/2020 12:15 EDT

T-minus 24 hours left to save on tickets to TC Sessions: Space 2020

We’ve initiated the final countdown, and we’re just hours away from the deadline for early bird savings to TC Sessions: Space 2020 (December 16-17). It’s your last chance to grab the first of many opportunities this two-day conference provides. Purchase your early-bird ticket today before the offer expires tonight at 11:59 p.m. (PT). Let’s talk about […] Read more ›

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TechCrunch
Jonathan Shieber @ TechCrunch · 11/13/2020 12:05 EDT

Springtide, an autism treatment center network, raises $15.6 million

With one in 54 children diagnosed with autism spectrum disorder in the US, the issue of how to treat patients diagnosed with the condition has become almost as acute as the prevalence of the condition itself. That’s one reason why Jia Jia Ye and the team at the healthcare startup studio Redesign Health, were able […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 11/13/2020 11:45 EDT

NASA’s head of human spaceflight, Kathryn Lueders, will join us at TC Sessions: Space

NASA’s human spaceflight program took big strides in 2020 with the official kick-off of the commercial crew program with SpaceX, and on plans to return humans to the surface of the Moon via the Artemis program. NASA Associate Administrator of the Human Exploration and Operations (HEO) Mission Directorate Kathryn Lueders has been there for it […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/13/2020 10:48 EDT

Fintech VC keeps getting later, larger and more expensive

The venture capital market appears to be getting later, larger and more expensive. As a result, fintech — one of its hottest and most-funded sectors — is evolving in a similar manner. For late-stage fintech companies, it’s great news. But for smaller players, is the shift towards bigger, more mature rounds undercutting their ability to […] Read more ›

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TechCrunch
Anthony Ha @ TechCrunch · 11/13/2020 10:43 EDT

Kyklo raises $8.5M to bring electrical distributors online

Kyklo, a startup that helps wholesale distributors of electrical and automation products launch e-commerce stores, is announcing that it has raised $8.5 million in seed funding. The industry may sound a bit arcane, but it’s one that founders Remi Ducrocq (Kyklo’s CEO) and Fabien Legouic (CTO) know from having worked at Schneider Electric. Ducrocq said […] Read more ›

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TechCrunch
Danny Crichton @ TechCrunch · 11/13/2020 10:12 EDT

The VC and founder winners of DoorDash’s IPO

After years of rumors and high-flying headlines, we finally have the S-1 for DoorDash. Alex has covered the primary details, but I figured it would be good to dive in so we can see who is raking in the returns on the country’s delivery startup champion. DoorDash’s filing indicates that the company raised a combined […] Read more ›

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TechCrunch
Brian Heater @ TechCrunch · 11/13/2020 09:51 EDT

Nintendo’s Switch dominates US console sales ahead of PlayStation/Xbox launches

Another banner month month for Nintendo hardware sales, per the latest figures from NPD. The firm puts Switch sales (including the standard and Lite models) at 735,000 units in the U.S., making the best October for a Nintendo console since the Wii sold 807,000 units in October 2008. It’s been a good couple of years […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 11/13/2020 09:18 EDT

Onfido’s Husayn Kassai steps back, brings in new CEO ahead of a planned IPO

There are big changes today at Onfido, the global identity verification and authentication platform which has rocketed in adoption as so many services become digitized during the pandemic. The company, which has raised more than $200 million to date, is appointing a new CEO with the intention of moving towards an IPO “at some point” […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch · 11/13/2020 09:17 EDT

DoorDash files to go public

After filing earlier this year, DoorDash dropped its public S-1 filing this morning, bringing clarity to its numbers and moving it closer to a public debut that should happen before the end of the year. The company is one of several startups that we expect to see IPOs from before the year ends, despite some […] Read more ›

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TechCrunch
Zack Whittaker @ TechCrunch · 11/13/2020 09:00 EDT

Microsoft says hackers backed by Russia and North Korea targeted COVID-19 vaccine makers

Microsoft has revealed that hackers backed by Russia and North Korea have targeted pharmaceutical companies involved in the COVID-19 vaccine development efforts. The technology giant said Friday that the attacks targeted seven companies in the U.S., Canada, France, India, and South Korea. But while it blocked the “majority” of the attacks, Microsoft acknowledged that some […] Read more ›

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