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Ingrid Lunden @ TechCrunch · 10/20/2020 08:33 EDT

Handshake raises $80M more to build a more diversity-focused LinkedIn for college students

College graduates this year (and perhaps in the near-term) have been looking for work in what is one of the most challenging job markets in a decade due to the coronavirus and its impacts on the economy and how people can interact with each other. Today, a startup that’s helping them with that job hunting […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/20/2020 08:30 EDT

Austin-based Verifiable raises $3 million for its api toolkit to verify healthcare credentials

Before Nick Macario launched Verifiable, the Austin-based company that just raised $3 million for its api toolkit that verifies healthcare credentials, he ran a series of other businesses designed to offer public credentials for professionals. His first foray into the world of identity management services was the personal website builder, branded.me. After that company was […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/20/2020 08:00 EDT

Splunk acquires Plumbr and Rigor to build out its observability platform

Data platform Splunk today announced that it has acquired two startups, Plumbr and Rigor, to build out its new Observability Suite, which is also launching today. Plumbr is an application performance monitoring service, while Rigor focuses on digital experience monitoring, using synthetic monitoring and optimization tools to help businesses optimize their end-user experiences. Both of […] Read more

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TechCrunch
Danny Crichton @ TechCrunch · 10/20/2020 08:00 EDT

Lux-backed Flex Logix announces availability of its fast and cheap X1 AI chip for the edge

In the computing world, there are probably more types of chips available than your local supermarket snack aisle. Diverse computing environments (data centers and the cloud, edge, mobile devices, IoT, and more), different price points, and varying capabilities and performance requirements are scrambling the chip industry, resetting who has the lead right now and who […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 10/20/2020 07:49 EDT

Vectary, a design platform for 3D and AR, raises $7.3M from EQT and Blueyard

Vectary, a design platform for 3D and Augmented Reality (AR), has raised a $7.3 million round led by European fund EQT Ventures. Existing investor BlueYard (Berlin) also participated. Vectary makes high-quality 3D design more accessible for consumers, garnering over one million creators worldwide, and has more than a thousand digital agencies and creative studios as […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/20/2020 07:37 EDT

Perch raises $123.5M to grow its stable of D2C brands that sell on Amazon

While Amazon gradually builds out its own-branded line of products, third-party sellers continue to account for a significant part of the transaction volume and growth on its marketplace — by one estimate, accounting for $200 billion of the $335 billion in gross merchandise value sold on Amazon in 2019. Today, in a twist on the […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 10/20/2020 07:25 EDT

Tiliter bags $7.5M for its ‘plug and play’ cashierless checkout tech

Tiliter, an Australian startup that’s using computer vision to power cashierless checkout tech that replaces the need for barcodes on products, has closed a $7.5 million Series A round of funding led by Investec Emerging Companies. The 2017-founded company is using AI for retail product recognition — claiming advantages such as removing the need for […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 10/20/2020 07:07 EDT

Math learning platform Knowledgehook raises £13.5M Series A to expand globally

Given the nature of the COVID-19 pandemic, millions of students have switched to online learning. So whereas EdTech used to be somewhat of an also-ran in the venture stakes, it has now become one fo the hottest spaces on the planet. It’s therefore of title surprise that funding rounds are following. Knowledgehook, a proprietary mathematics […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/20/2020 06:00 EDT

Dublin’s LearnUpon raises $56M for its online learning management system for enterprises

One big technology by-product of the Covid-19 pandemic has been a much stronger focus on online education solutions — providing the tools for students to continue learning when the public health situation is preventing them from going into physical classrooms. As it happens, that paradigm also applies to the business world. Today, a startup out […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 10/20/2020 04:00 EDT

Trilo lets merchants offer rewards to customers choosing bank-to-bank payments

Open banking enables bank-to-bank payments, meaning that (in theory) merchants should be able to accept payments without having to hand over fees to Visa or Mastercard or other payment providers, such as Stripe. The challenge, however, isn’t just implementing open-banking based payments as a checkout option — there are are already a host of open […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/20/2020 03:23 EDT

Eat Just partners with Proterra to launch a new subsidiary in Asia

Eat Just, the plant-based food startup, is launching a new Asian subsidiary through a partnership with Proterra Investment Partners Asia. The agreement includes building Eat Just’s first factory in Asia, which will be based in Singapore. As part of the deal, Proterra, which focuses on agri-tech, will invest up to $100 million in the facility, […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/20/2020 01:22 EDT

Intel agrees to sell its NAND business to SK Hynix for $9 billion

SK Hynix, one of the world’s largest chip makers, announced today it will pay $9 billion for Intel’s flash memory business. Intel said it will use proceeds from the deal to focus on artificial intelligence, 5G and edge computing. “For Intel, this transaction will allow us to to further prioritize our investments in differentiated technology […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 10/19/2020 22:16 EDT

Trump says ‘nobody gets hacked’ but forgot his hotel chain was hacked — twice

According to President Trump speaking at a campaign event in Tucson, Arizona, on Monday, “nobody gets hacked.” You don’t need someone who covers security day in and day out to call bullshit on this one. “Nobody gets hacked. To get hacked you need somebody with 197 IQ and he needs about 15 percent of your […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/19/2020 20:48 EDT

ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Dhaka-headquartered ShopUp said on Tuesday it has raised $22.5 million in a round co-led by Sequoia Capital India and Flourish Ventures. For both the venture firms, this is the first time they are […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/19/2020 19:36 EDT

SAIF Partners rebrands as Elevation Capital, secures $400 million for its new India fund

SAIF Partners has raised $400 million for a new fund and rebranded the 18-year-old influential venture capital firm as it looks to back more early-stage startups in the world’s second largest internet market. The new fund is SAIF Partners’ seventh for early-stage startups in India. Its previous two funds were each $350 million in size, […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 10/19/2020 19:16 EDT

Lee Fixel burnishes his reputation, raising his second massive fund in 2020

On Friday, former Tiger Global Management investor Lee Fixel registered plans for the second fund of his new investment firm, Addition, just four months after closing the first. But investors who were shut out of that $1.3 billion debut fund and who might have hoped to write a check this time around are already too […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 10/19/2020 18:35 EDT

TikTok’s QAnon ban has been ‘buggy’

TikTok has been cracking down on QAnon-related content, in line with similar moves by other major social media companies, including Facebook and YouTube, which focus on reducing the spread the baseless conspiracy theory across their respective platforms. According to a report by NPR this weekend, TikTok had quietly banned several hashtags associated with the QAnon […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 10/19/2020 18:15 EDT

Daily Crunch: Pakistan un-bans TikTok

TikTok returns to Pakistan, Apple launches a music-focused streaming station and SpaceX launches more Starlink satellites. This is your Daily Crunch for October 19, 2020. The big story: Pakistan un-bans TikTok The Pakistan Telecommunication Authority blocked the video app 11 days ago, over what it described as “immoral,” “obscene” and “vulgar” videos. The authority said […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 10/19/2020 17:07 EDT

Amazon Echo Dot with Clock review: A mostly aesthetic update

It’s been a busy few weeks for smart speakers. Amazon kicked things off in late September with newer, rounder versions of both the Echo and Echo Dot. Less than a week later, Google updated the Home, after four years, with the rebranded Nest Audio. And then, last week, Apple unveiled the long-awaited $99 HomePod Mini, […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 10/19/2020 16:33 EDT

Who regulates social media?

Social media platforms have repeatedly found themselves in the United States government’s crosshairs over the last few years, as it has been progressively revealed just how much power they really wield, and to what purposes they’ve chosen to wield it. But unlike, say, a firearm or drug manufacturer, there is no designated authority who says […] Read more

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