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Jonathan Shieber @ TechCrunch · 10/27/2020 09:01 EDT

Postmates is launching a new retail delivery feature as brick and mortar stores face 14% drop in sales

Postmates is now rolling out what could be the biggest update to the company’s service in a long time — adding a retail option for users to shop local stores and for local merchants to set up a virtual on-demand storefront in the app. Starting in Los Angeles — and building on yesterday’s test run […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/27/2020 09:00 EDT

Top Facebook India executive Ankhi Das leaves the company

Ankhi Das, a top Facebook executive in India, is leaving the company on Tuesday months after she was alleged to interfere in the company’s content moderation policy in the country to show favoritism to the ruling Bharatiya Janata Party. Facebook has denied the allegations, and people close to Das (pictured above) said her departure was […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/27/2020 09:00 EDT

Salto raises $27M to let you configure your SaaS platforms with code

Salto, a Tel Aviv-based open-source startup that allows you to configure SaaS platforms like Salesforce, NetSuite and HubSpot with code, is coming out of stealth today and announced that it has raised a $27 million Series A round. This round was led by Bessemer Venture Partners, Lightspeed Venture Partners and Salesforce Ventures. The general idea […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 10/27/2020 09:00 EDT

The Freewrite Traveler is an outstanding, but expensive, dedicated portable writing laptop

As a hardware startup, Astrohaus stands apart because of its unique offerings focused specifically on writers and writing. Its debut product, the Freewrite, looked like an old-school travel typewriter with an e-ink screen. Now, it’s back with a new device it’s been working on for the past couple of years: The Freewrite Traveler. This more […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 10/27/2020 08:59 EDT

TikTok invests in social commerce via new Shopify partnership

TikTok is further investing in social commerce with today’s announcement of a new global partnership with e-commerce platform Shopify. The deal aims to make it easier for Shopify’s over 1 million merchants to reach TikTok’s younger audience and drive sales. The partnership will eventually expand to include other in-app shopping features, as well, the companies […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/27/2020 08:11 EDT

SimilarWeb raises $120M for its AI-based market intelligence platform for sites and apps

Israeli startup SimilarWeb has made a name for itself with an AI-based platform that lets sites and apps track and understand traffic not just on their own sites, but those of its competitors. Now, it’s taking the next step in its growth. The startup has raised $120 million, funding it will use to continue expanding […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 10/27/2020 08:00 EDT

Impact America Fund closes $55M to invest in startups targeting the world’s overlooked

The entire asset class of venture capital is built atop systemic racism. The numbers don’t lie: only 2% of partner-level VCs are Black, and 81% of venture capital firms don’t have a Black partner on board. The lack of diversity in check-writers doesn’t stay in board rooms: homogeneity trickles down to the founders who get […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 08:00 EDT

Lightspeed Venture Partners backs Theta Lake’s video conferencing security tech with $12.7 million

Theta Lake, a provider of compliance and security tools for conferencing software like Cisco Webex, Microsoft Teams, RingCentral, Zoom and others, said it has raised $12.7 million in a new round of funding. Lightspeed Venture Partners led the round with commitments from Cisco Investments, angel investors from the collaboration and security space, and previous investors, […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 10/27/2020 07:59 EDT

AMD grabs Xilinx for $35 billion as chip industry consolidation continues

The chip industry consolidation dance continued this morning as AMD has entered into an agreement to buy Xilinx for $35 billion, giving the company access to customers requiring chips with high performance for workloads like artificial intelligence. AMD sees this deal as combining two companies that complement each other’s strengths without cannibalizing its own markets. […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 10/27/2020 07:26 EDT

Uber’s ‘robo-firing’ of drivers targeted in latest European lawsuit

Uber is facing another legal challenge in Europe related to algorithmic decision making. The App Drivers & Couriers Union (ADCU) filed a case, yesterday, with a court in the Netherlands seeking to challenge the ride hailing company’s practice of ‘robo-firing’ — aka the use of automated systems to identify fraudulent activity and terminate drivers based […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/27/2020 07:00 EDT

Deci raises $9.1M to optimize AI models with AI

Deci, a Tel Aviv-based startup that is building a new platform that uses AI to optimized AI models and get them ready for production, today announced that it has raised a $9.1 million seed round led by Emerge and Square Peg. The general idea here is to make it easier and faster for businesses to […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 07:00 EDT

Leading Edge Equipment has a technology to improve solar manufacturing and $7.6 million to go to market

Only a few weeks after the successful public offering of Array Technologies proved that there’s a market for technologies aimed at improving efficiencies across the solar manufacturing and installation chain, Leading Edge Equipment has raised capital for its novel silicon wafer manufacturing equipment.  The $7.6 million financing came from Prime Impact Fund, Clean Energy Ventures and […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 06:30 EDT

NeoLight’s jaundice treatment catches another $7 million to bring neonatal light therapy to the home

NeoLight, a startup company that’s working to bring hospital-grade neonatal care technologies to the home, has raised $7 million more in financing. Dignity Health and Honor Health Systems came in to support the company along with previous investors like the Pittsburgh Steelers quarterback Ben Roethlisberger and his wife Ashley and other, undisclosed investors.  Initially intended […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 06:30 EDT

Bogota’s Tül raises $4 million to improve the supply chain for construction in Latin America

With a new $4 million round, the Bogota-based supply chain logistics technology developer Tül is prepping to expand across the Latin American region. Founded by Enrique Villamarin Lafaurie and Juan Carlos Narváez, Tül’s technology connects construction manufacturers to the small businesses across Latin America that are responsible for handling half of the inventory for construction […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/27/2020 06:27 EDT

India’s FreshToHome raises $121 million to grow its meat and vegetable e-commerce platform

FreshToHome, an Indian e-commerce startup that sells fresh vegetables, fish, chicken and other kinds of meat, has raised $121 million in a new financing round as the Bangalore-headquartered firm reports accelerated growth spurred by the coronavirus pandemic. The startup, which offers its service in several major Indian cities including Delhi, Mumbai, Pune, Bangalore, and Hyderabad, […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/27/2020 05:10 EDT

Face to Face, Tinder’s opt-in video chat feature, is now rolling out globally

Tinder, currently the world’s biggest biggest dating app for people to find matches and connect with them, is expanding another feature today to extend the time people spend in the app, and the communications they can have within it. Face to Face, an opt-in-only feature that Tinder launched earlier this year that lets users video […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 05:01 EDT

White Castle rolls out more robots from Miso Robotics to cook in its kitchens

More robots are coming to White Castle. Expanding a partnership with Miso Robotics, around 10 new White Castle locations will be rolling out the Pasadena, Calif.-based company’s robotic fry cook. The move accelerates the adoption of Miso Robotics’ newly designed Flippy robot into kitchens to speed up production and allow more staff to work in […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/27/2020 04:34 EDT

Video creation and editing platform InVideo raises $15 million

InVideo, a Mumbai-based startup that has built a video creation and editing platform, has raised $15 million as it looks to court more users and customers worldwide. The startup offers a freemium web-based editing tool that allows users to create videos for all the popular social media platforms (such as Twitter, Facebook, YouTube). It has […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/27/2020 03:46 EDT

Apeel gets more cash to fight food insecurity in emerging markets with its food-preserving tech

In the first real test of the potentially transformative power of its food-preserving technology, the Santa Barbara, Calif.-based Apeel Sciences is bringing its innovative food treatment and supply chain management services to distribution centers in select markets in Asia, Africa and Latin America. The goal is to alleviate food insecurity among farmers, who comprise one […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 10/26/2020 23:36 EDT

Facebook employee-turned-critic Tim Kendall traces “extractive business models” to VCs

Last month, former Facebook and Pinterest executive Tim Kendall told Congress during a House hearing on the dangers of social media that Facebook made its products so addictive because its ad-driven business model relies on people paying attention to its product longer every day. He said much the same in the Netflix documentary “The Social […] Read more

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