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Jordan Crook @ TechCrunch · 10/06/2020 10:00 EDT

Envoy launches Protect to help workers return to the office safely

No matter the industry, the coronavirus pandemic has absolutely rocked the way that we work. Work from home is the new norm. But many are anxious to get back into the office and startups are looking to help with that transition in the safest way possible. One such startup is Envoy, a company that launched […] Read more

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TechCrunch
Lucas Matney @ TechCrunch · 10/06/2020 10:00 EDT

Remotion raises $13M to create a workplace video platform for short, spontaneous conversations

One of the broader trends of the pandemic has been the unbundling of Zoom with startups pulling out a feature or two and designing entire products centered around a specific vision of remote work. One of the more tempting product ideas has been the development of the omnipresent always-on video workspace where managers can always […] Read more

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TechCrunch
Alex Wilhelm @ TechCrunch · 10/06/2020 09:52 EDT

Inside Root’s IPO filing

Last night, Root filed to go public, adding a second name to the insurtech IPO rolls in 2020. Lemonade was first out the gate this summer, taking its rental and home insurance business public at an attractive valuation, compared to its revenues and margins as we traditionally understand them. Wall Street was enticed by its […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/06/2020 09:48 EDT

Ambani sells over $750 million Reliance Retail stake to Abu Dhabi Investment Authority

Abu Dhabi Investment Authority, which invested $750 million in Indian telecom giant Jio Platforms in June this year, has returned to invest just as much capital in Mukesh Ambani’s other venture. Reliance Retail, India’s largest retail chain, said on Tuesday that it is selling a 1.2% stake in the business to Abu Dhabi Investment Authority for […] Read more

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TechCrunch
Ron Miller @ TechCrunch · 10/06/2020 09:03 EDT

Scratchpad announces $3.6M seed to put work space on top of Salesforce

One thing that annoys sales people is entering data into a CRM like Salesforce because it’s time spent not selling. Part of the problem is Salesforce is a database and as such is not necessarily designed for speed. Scratchpad wants to simplify that process by creating a workspace on top of the CRM to accelerate […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 10/06/2020 09:01 EDT

Chargebee raises $55 million to help businesses move to subscriptions

Chargebee, which helps businesses set up and manage their billing, subscription, revenue operations and compliance, said on Tuesday it has raised $55 million in a new financing round as it looks to accelerate its expansion in global markets. The new financing round, a Series F, for the San Francisco and Chennai-based firm was led by […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/06/2020 09:00 EDT

Tokyo-based virtual reality game developer Thirdverse gets $8.5 million Series A

Thirdverse, the virtual reality game developer behind “Swords of Gargantua,” has raised $8.5 million in Series A funding. The round was led by JAFCO, with participation from Presence Capital, Sisu Ventures, Incubate Fund and KDDI. Based in Tokyo, Thirdverse was started four years ago as Yomuneco, but relaunched as Thirdverse in June to align with […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 10/06/2020 08:09 EDT

SpaceX has launched yet another flight of 60 of its Starlink broadband internet satellites. The launch took off from Kennedy Space Center in Florida at 7:29 AM EDT (4:29 AM PDT) this morning, after having been delayed three times earlier due to scrubs – twice because of weather, and one because of an unusual sensor […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 10/06/2020 08:02 EDT

Tipalti receives $150M at a $2B+ valuation after its accounts payable platform sees a surge in use

Digital transformation has been one of the big enterprise themes of 2020: organizations are doubling down on cloud services both to link up suddenly remote teams and centralize apps, documents and data in a more efficient way. Today, one of the startups that has filled out that story with a cloud-based suite of accounting services […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 10/06/2020 08:00 EDT

Spotify’s new Soundtrap capture app offers collaborative voice notes for songwriters

Acquired in 2017, Soundtrap more or less serves a similar role as Anchor under the larger Spotify banner — albeit largely focused on music creation, instead of podcasting. The company’s software of the same name is a cloud-based service designed to let musicians remotely collaborate on a song, track by track. It is, honestly, a […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 10/06/2020 07:32 EDT

Spacebit books a second trip to the Moon via NASA’s commercial lunar payload program

UK-based robotic rover startup Spacebit has booked a second payload delivery to the Moon, aboard the Nova-C lander that Intuitive Machines is planning to send in 2021 as part of NASA’s Commercial Lunar Payload Services (CLPS) program. Spacebit already has a berth aboard the Astrobotic Peregrine lander that’s set to go to the Moon in […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/06/2020 07:00 EDT

Dialpad raises $100M Series E at a $1.2B valuation

Dialpad, the business-centric voice, video and contact-center service, today announced that it has raised a $100 million Series E funding round led by OMERS Growth Equity. Andreessen Horowitz, Google Ventures, ICONIQ Capital and Work-Bench also participated. The company says its valuation is over $1.2 billion after it has now raised a total of $245 million. […] Read more

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TechCrunch
Zack Whittaker @ TechCrunch · 10/06/2020 07:00 EDT

Security flaw left ‘smart’ chastity sex toy users at risk of permanent lock-in

Just because almost every gadget or appliance can be connected to the internet, doesn’t mean they should be. Outages can render these “smart” devices useless, and many use weak security that can make them easily hackable. And as security researchers recently found out, the consequences of having a major security flaw in one popular sex […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 10/06/2020 06:30 EDT

Europe’s top court confirms no mass surveillance without limits

Europe’s top court has delivered another slap-down to indiscriminate government mass surveillance regimes. In a ruling today the CJEU has made it clear that national security concerns do not exclude EU Member States from the need to comply with general principles of EU law such as proportionality and respect for fundamental rights to privacy, data […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 10/06/2020 06:00 EDT

Ÿnsect, the makers of the world’s most expensive bug farm, raises another $224 million

Ÿnsect, the startup building the world’s most high tech bug colony, have added $224 million in equity and debt to an already impressive $148 million cash haul as it looks to commercialize its business. Investors backing the company include the Los Angeles-based investment firm Upfront Ventures and the FootPrint Coalition, an investment vehicle financed by […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 10/06/2020 05:46 EDT

Calling Amsterdam VCs: Be featured in The Great TechCrunch Survey of European VC

TechCrunch is embarking on a major new project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Amsterdam will capture how the city is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. (Please note, if you have filled the survey out already, […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 10/06/2020 04:00 EDT

Picker, an app to discover products recommended by people you follow, picks up €1.3M seed

Picker, an app that lets you discover and buy products recommended by people you follow, has raised €1.3 million in seed funding. Backing the Barcelona-based startup is Berlin’s Btov. The company has received €2 million in funding to date, mainly from various angel investors. Founded in 2018 by Daniel Ramos, Conan Moriarty and Enric Gabarró, […] Read more

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TechCrunch
Frederic Lardinois @ TechCrunch · 10/06/2020 04:00 EDT

G Suite is now Google Workspace

Google is rebranding G Suite, its set of online productivity and collaboration tools for businesses that include the likes of Gmail, Drive, Docs and Meet. The new name is Google Workspace, a name the company already hinted at when it first introduced a set of new collaboration tools and Google Meet integrations for the service […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/06/2020 03:15 EDT

Cryptocurrency wallet BRD reaches 6 million users, driven by growth in Latin America and India

Mobile cryptocurrency wallet BRD announced today that it now has more than six million users worldwide, thanks to strong growth in India and Latin America. With this momentum, the company expects to reach 10 million users by early 2021. Founded in 2015, Zurich-based BRD also said it now adds about one million new users every […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 10/06/2020 01:37 EDT

Faraday Future plans to go public through a SPAC deal

Faraday Future, the electric vehicle startup with a messy and complicated past, is planning to go public through a special-purchase acquisition company (SPAC) deal. The company’s chief executive Carsten Breitfeld told Reuters that the company is working on a reverse merger with a SPAC and “will be able to announce something hopefully quite soon.” Breitfeld, […] Read more

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