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Frederic Lardinois @ TechCrunch · 02/17/2021 09:00 EDT

Edgybees raises $9.5M Series A for its aerial video augmentation service

Edgybees, a company that helps businesses, first responders and military users accurately geotag and augment their aerial video streams in real time, today announced that it has raised a $9.5 million Series A round. The news comes almost exactly two years after the company announced its $5.5 million seed round. Seraphim Capital, which specializes in [
] Read more â€ș

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TechCrunch
Natasha Lomas @ TechCrunch · 02/17/2021 08:54 EDT

Facebook fined again in Italy for misleading users over what it does with their data

Facebook has been fined again by Italy’s competition authority — this time the penalty is €7 million (~$8.4M) — for failing to comply with an earlier order related to how it informs users about the commercial uses it makes of their data. The AGCM began investigating certain commercial practices by Facebook back in 2018, including [
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TechCrunch
Jonathan Shieber @ TechCrunch · 02/17/2021 08:42 EDT

Geothermal home heating gets a $30 million boost from Bill Gates’ Breakthrough Energy Ventures

There’s a low energy solution to home heating and cooling sitting right underneath most houses, but until recently no one has been able to tap it. That solution is geothermal energy, using the earth’s own heat to provide temperature controlled comfort to homeowners is the mission that Kathy Hannun set for herself while working at [
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TechCrunch
Frederic Lardinois @ TechCrunch · 02/17/2021 08:00 EDT

TigerGraph raises $105M Series C for its enterprise graph database

TigerGraph, a well-funded enterprise startup that provides a graph database and analytics platform, today announced that it has raised a $105 million Series C funding round. The round was led by Tiger Global and brings the company’s total funding to over $170 million. “TigerGraph is leading the paradigm shift in connecting and analyzing data via [
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TechCrunch
Ingrid Lunden @ TechCrunch · 02/17/2021 07:41 EDT

Fictiv nabs $35M to build out the ‘AWS of hardware manufacturing’

Hardware may indeed be hard, but a startup that’s built a platform that might help buck that idea by making hardware a little easier to produce has announced some more funding to continue building out its platform. Fictiv, which positions itself as the “AWS of hardware”, providing a platform for those wanting to design and [
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TechCrunch
Mary Ann Azevedo @ TechCrunch · 02/17/2021 07:00 EDT

SeedFi closes on $65M to help financially struggling Americans get ahead

Millions of Americans live paycheck to paycheck, and struggle to get out of a debt cycle. One startup is developing financial products targeted toward this segment of the population, with the goal of helping them build credit, save money, access funds and plan for the future. That startup, SeedFi, announced Wednesday it has raised $50 [
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TechCrunch
Steve O'Hear @ TechCrunch · 02/17/2021 07:00 EDT

Certific, a health tech startup from the founder of TransferWise, aims to be the rails for certified home testing

Certific, a health tech startup co-founded by TransferWise’s Taavet Hinrikus, is breaking cover today with the launch of what it claims is the first “certified” remote COVID-19 testing service. The British-Estonian company is using techniques borrowed from the worlds of fintech and telemedicine, including asking users to film themselves while taking the at-home test, in [
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TechCrunch
Ingrid Lunden @ TechCrunch · 02/17/2021 06:58 EDT

Peak AI nabs $21M for a platform to help non-tech companies make AI-based decisions

One of the biggest challenges for organizations in modern times is deciding where, when, and how to use the advances of technology, when the organizations are not technology companies themselves. Today, a startup out of Manchester, England, is announcing some funding for a platform that it believes can help. Peak AI, which has built technology [
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TechCrunch
Natasha Lomas @ TechCrunch · 02/17/2021 06:15 EDT

Epic Games takes its Apple App Store fight to Europe

Epic Games has taken its fight against Apple’s App Store rules to the European Union where it’s lodged a complaint with the bloc’s antitrust regulators. In a blog post today the maker of the popular online game Fortnite said it’s extending its battle for what it dubbed “fairer digital platform practices for developers and consumers” [
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TechCrunch
Ingrid Lunden @ TechCrunch · 02/17/2021 06:09 EDT

vArmour the multi-cloud security startup, raises $58M en route to IPO

Enterprises have been loading more of their operations into cloud — and, more often than not, multi-cloud — environments over the last year, creating vast networks of services that can be complex to manage. Today, vArmour, a startup that provides ways to manage in real time and ultimately secure how applications (and people) work in [
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TechCrunch
Ingrid Lunden @ TechCrunch · 02/17/2021 04:33 EDT

Sinch acquires Inteliquent for $1.14B to take on Twilio in the US

After raising $690 million from SoftBank in December to make acquisitions, the Sweden-based cloud communications company Sinch has followed through on its strategy in that department. Today the company announced that it is acquiring Inteliquent, an interconnection provider for voice communications in the U.S. currently owned by private equity firm GTCR, for $1.14 billion in [
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TechCrunch
Steve O'Hear @ TechCrunch · 02/17/2021 04:00 EDT

Dixa acquires Elevio, the ‘knowledge management’ platform helping brands improve customer support

Dixa, the Danish customer support platform promising more personalised customer support, has acquired Melbourne-based “knowledge management” SaaS Elevio to bolster its product and technology offerings. The deal is said to be worth around $15 million, in a combination of cash and Dixa shares. This sees Elevio’s own VC investors exit, and Elevio’s founders and employees [
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TechCrunch
Anthony Ha @ TechCrunch · 02/17/2021 00:00 EDT

Jet co-founder Nate Faust is building a more sustainable e-commerce experience with Olive

Nate Faust has spent years in the e-commerce business — he was a vice president at Quidsi (which ran Diapers.com and Soap.com), co-founder and COO at Jet (acquired by Walmart for $3.3 billion) and then a vice president at Walmart. Over time, he said it slowly dawned on him that it’s “crazy” that 25 years [
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TechCrunch
Manish Singh @ TechCrunch · 02/16/2021 18:45 EDT

Zolve raises $15 million for its cross-border neobank aimed at global citizens

Millions of students and professionals leave their home nation each year for work and pursue higher education. Even after spending months in the new country, they struggle to get a credit card from local banks, and have to pay a premium to access a range of other financial services. Banks in the U.S., or in [
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TechCrunch
Anthony Ha @ TechCrunch · 02/16/2021 18:10 EDT

Daily Crunch: Axiom Space raises $130M

A space startup connected to the International Space Station raises $130 million, Atlassian releases a new version of Trello and bitcoin briefly passes $50,000. This is your Daily Crunch for February 16, 2021. The big story: Axiom Space raises $130M Founded in 2016, Axiom Space is working with NASA to add privately developed space station [
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TechCrunch
Megan Rose Dickey @ TechCrunch · 02/16/2021 16:14 EDT

Justice Through Code is a free coding program for those impacted by the criminal justice system

People who have spent time in jail or prison oftentimes face barriers to accessing stable jobs, housing and financial services. These types of barriers are a key driver of recidivism for the more than 600,000 people who are released from prison each year. Between 2005 and 2014, an estimated 68% of people released in 2005 [
] Read more â€ș

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TechCrunch
Devin Coldewey @ TechCrunch · 02/16/2021 15:44 EDT

Reddit’s transparency report shows a big spam problem and relatively few government requests

Reddit has published its transparency report for 2020, showing various numbers relating to removed content, government requests, and other administrative actions. The largest problem by far — in terms of volume, anyway — is spam, which made up nearly all content taken down. Legal requests for content takedown and user information were far fewer, but [
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TechCrunch
Taylor Hatmaker @ TechCrunch · 02/16/2021 14:31 EDT

Imagine a better future for social media at TechCrunch Sessions: Justice

Toxic culture, deadly conspiracies and organized hate have exploded online in recent years. We’ll discuss how much responsibility social networks have in the rise of these phenomena and how to build healthy online communities that make society better, not worse at TechCrunch Sessions: Justice on March 3. Join us for a wide-ranging discussion with Rashad Robinson, [
] Read more â€ș

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TechCrunch
Devin Coldewey @ TechCrunch · 02/16/2021 13:23 EDT

Reimagining the path forward for the formerly incarcerated at TechCrunch Sessions: Justice

Reentering society after having been incarcerated by the criminal justice system can be daunting. Advances in technology and the continued, unchecked march of capitalism place obstacles in paths that can generally be difficult to overcome. Fortunately for these returning citizens there are a variety of programs and resources designed to help get them up to [
] Read more â€ș

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TechCrunch
Devin Coldewey @ TechCrunch · 02/16/2021 13:06 EDT

Krisp nearly triples fundraise with $9M expansion after blockbuster 2020

Krisp, a startup that uses machine learning to remove background noise from audio in real time, has raised $9M as an extension of its $5M A round announced last summer. The extra money followed big traction in 2020 for the Armenian company, which grew its customers and revenue by more than an order of magnitude. [
] Read more â€ș

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