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Ron Miller @ TechCrunch · 03/01/2021 09:42 EDT

Twilio to become minority owner in Syniverse Technologies with $750M investment

Syniverse Technologies, a company that helps mobile providers move communications across public and private networks, announced an extensive partnership with Twilio this morning. Under the agreement, Twilio is investing up to $750 million to become a minority owner in the company. The idea behind the partnership is to combine Twilio’s API communications expertise with Syniverse’s […] Read more ›

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TechCrunch
Zack Whittaker @ TechCrunch · 03/01/2021 09:09 EDT

Hackers release a new jailbreak tool for almost every iPhone

An iPhone hacking team has released a new jailbreak tool for almost every iPhone, including the most recent models, by using the same vulnerability that Apple last month said was under active attack by hackers. The Unc0ver team released its latest jailbreak this weekend, and says it works on iOS 11 (iPhone 5s and later) […] Read more ›

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TechCrunch
Mike Butcher @ TechCrunch · 03/01/2021 09:07 EDT

Calling Zagreb Investors: Be featured in The Great TechCrunch Survey of European VC

TechCrunch is embarking on a major project to survey the venture capital investors of Europe, and their cities. Our survey of investors in Zagreb will capture how Croatia is faring, and what changes are being wrought amongst investors by the coronavirus pandemic. We’d like to know how the Croatian startup scene is evolving, how […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 03/01/2021 09:00 EDT

The Station: Lucid Motors, Joby Aviation take the SPAC path and Sergey Brin’s airship ambitions

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox.  Hi friends and new readers, welcome back to The Station, a newsletter dedicated to all the present and future ways people and packages move from Point A to […] Read more ›

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TechCrunch
Catherine Shu @ TechCrunch · 03/01/2021 08:01 EDT

Australia-based Employment Hero raises $45M AUD for its global expansion

Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. Ben Thompson, co-founder and chief executive officer of human resources platform Employment Hero told TechCrunch that “COVID-19 accelerated the adoption of employment management software by roughly five years,” as teams adjusted to remote work. The Sydney, Australia-based company announced […] Read more ›

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TechCrunch
Natasha Lomas @ TechCrunch · 03/01/2021 07:53 EDT

Clue gets FDA clearance to launch a digital contraceptive

Clue, an early pioneer in the femtech category with a well-regarded period-tracking app that’s used by around 13 million people, is getting ready to launch a digital contraceptive which will offer users a statistical prediction of ovulation as a birth control tool. A US launch of Clue Birth Control is slated for “this year”. The […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 03/01/2021 07:42 EDT

Satellite constellation operator Spire Global to go public via $1.6 billion SPAC

Monday brings with it not one, but two space SPACS – there’s Rocket Lab, and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation. SPACs have essentially proven a pressure-release valve for the space startup market, which […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 03/01/2021 07:23 EDT

Rocket Lab debuts plans for a new, larger, reusable rocket for launching satellite constellations

Because news of its SPAC-fueled public market debut wasn’t enough, Rocket Lab also unveiled a new class of rocket it has in development on Monday. The launch vehicle, called Neutron, will be able to carry 8 metric tons (around 18,000 lbs) to orbit, far exceeding the cargo capacity of Rocket Lab’s current Electron vehicle, which […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 03/01/2021 07:07 EDT

Rocket Lab to go public via SPAC at valuation of $4.1 billion

The SPAC run is on for space startups, which have been relatively slow in their overall exit pace before the current special purpose acquisitions company merger craze got underway. Rocket Lab is the latest, and likely the most notable to jump on the trend, with a deal that will see it combine with a SPAC […] Read more ›

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TechCrunch
Steve O'Hear @ TechCrunch · 03/01/2021 06:48 EDT

Klarna confirms new $31B valuation

Klarna, the Swedish buy now, pay later behemoth and upstart bank, has raised $1 billion in new funding at a post-money valuation of $31 billion. That sees the company retain the crown as the highest valued private fintech in Europe. Backers of this round are said to be combination of new and existing investors, while […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/01/2021 06:35 EDT

Axonius nabs $100M at a $1.2B valuation for its asset management cybersecurity platform

Remote work has become the norm for many businesses in the last year, and today a startup that has built a cybersecurity platform to help manage all the devices connecting to organizations’ wide-ranging networks — while also providing a way for those organizations to take advantage of all the best that the quite fragmented security […] Read more ›

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TechCrunch
Manish Singh @ TechCrunch · 03/01/2021 05:36 EDT

Paytm claims top spot in India’s mobile payments market with 1.2B monthly transactions

Paytm, India’s most valuable startup, said on Monday it processed 1.2 billion transactions in the month of February, illustrating the level of penetration it has made in one of the world’s fastest-growing payments markets where it competes with Google, Facebook, Amazon, and Flipkart-backed PhonePe. Paytm said its users made 1.2 billion transactions last month across […] Read more ›

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/01/2021 02:59 EDT

Istanbul’s Dream Games snaps up $50M and launches its first game, the puzzle-based Royal Match

On the back of Zynga acquiring Turkey’s Peak Games for $1.8 billion last year and then following it up with another gaming acquisition in the country, Turkey has been making a name for itself as a hub for mobile gaming startups, and specifically those building casual puzzle games, the wildly popular and very sticky format […] Read more ›

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TechCrunch
Kirsten Korosec @ TechCrunch · 03/01/2021 00:00 EDT

Lime unveils new ebike as part of $50 million investment to expand to more 25 cities

Lime said Monday it has allocated $50 million towards its bike-share operation, an investment that has been used to develop a new ebike and will fund its expansion this year to another 25 cities in North America, Europe, and Australia and New Zealand.  If the company hits its goal, Lime’s bike-share service will be operational […] Read more ›

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TechCrunch
Rita Liao @ TechCrunch · 02/28/2021 21:22 EDT

Qualcomm veteran to replace Alain Crozier as Microsoft Greater China boss

Microsoft gets a new leader for its Greater China business. Yang Hou, a former executive at Qualcomm, will take over Alain Crozier as the chairman and chief executive officer for Microsoft Greater China Region, according to a company announcement released Monday. More to come… Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 02/28/2021 20:31 EDT

Autonomous drone maker Skydio raises $170M led by Andreessen Horowitz

Skydio has raised $170 million in a Series D funding round led by Andreessen Horowitz’s Growth Fund. That pushes it into unicorn territory, with $340 million in total funding and a post-money valuation north of $1 billion. Skydio’s fresh capital comes on the heels of its expansion last year into the enterprise market, and it […] Read more ›

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TechCrunch
Darrell Etherington @ TechCrunch · 02/28/2021 20:00 EDT

Space startup Gitai raises $17.1M to help build the robotic workforce of commercial space

Japanese space startup Gitai has raised a $17.1 million funding round, a Series B financing for the robotics startup. This new funding will be used for hiring, as well as funding the development and execution of an on-orbit demonstration mission for the company’s robotic technology, which will show its efficacy in performing in-space satellite servicing […] Read more ›

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TechCrunch
Jordan Crook @ TechCrunch · 02/28/2021 10:40 EDT

Justworks’ Series B pitch deck may be the most wonderfully simple deck I’ve ever seen

It may be tough to remember, but there was a time long ago when Justworks wasn’t a household name. Though its monthly revenue growth charts were up and to the right, it had not even broken the $100,000 mark. Even then, Bain Capital Venture’s Matt Harris felt confident in betting on the startup. Harris says […] Read more ›

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TechCrunch
Alex Wilhelm @ TechCrunch 2 place · 02/27/2021 16:00 EDT

How investors are valuing the pandemic

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday morning? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Kicking off with a tiny […] Read more ›

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TechCrunch
Natasha Mascarenhas @ TechCrunch 3 place · 02/27/2021 14:00 EDT

How capital-as-a-service can help you get your first check in 2021

“A lot of founders mix up raising money with making money.” This quote, which Career Karma founder Ruben Harris mentioned off-hand on a phone call with me, has been on my mind for months. In fact, raising money can cost you money, in the form of that sweet, sweet ownership and equity. That’s why Clearbanc, […] Read more ›

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