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Darrell Etherington @ TechCrunch · 02/16/2021 08:36 EDT

SpaceX launches 60 more satellites for its Starlink service on the heels of opening up access

SpaceX has launched yet another batch of Starlink satellites – a full complement of 60, the standard size for its current Falcon 9-based Starlink missions. This brings SpaceX’s total to just around 1,000 in active on orbit, taking into account the handful that were experimental or have been de-orbited to date. This follows SpaceX’s opening […] Read more

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TechCrunch
Megan Rose Dickey @ TechCrunch · 02/16/2021 08:00 EDT

Ex-Postmates VP of global public policy on the future of gig work

Vikrum Aiyer, the now-former vice president of global public policy and strategic communications at Postmates, penned a memo to his former colleagues and other stakeholders in the gig economy outlining what he thinks needs to happen next in the industry. In his letter, Aiyer says “it would be a mistake for us to think that […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/16/2021 07:46 EDT

Redefine Meat is moving plant-based proteins from patties to steaks

The Israeli startup Redefine Meat, which has developed a manufacturing process to make plant-based proteins that more closely resemble choice cuts of beef than the current crop of hamburger-adjacent offerings, has gotten a big vote of confidence from the investment arm of one of Asia’s premier food brands.  The company has raised $29 million in […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 02/16/2021 07:29 EDT

Tata Group reaches agreement to buy majority stake in BigBasket

Indian conglomerate Tata Group has reached an agreement to acquire a majority stake in grocery delivery startup BigBasket, a source familiar with the matter told TechCrunch. The salt-to-software giant is buying over 60% stake in BigBasket, which would value the Indian startup between $1.8 billion to $2 billion, the source said, requesting anonymity as the deal […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 02/16/2021 06:07 EDT

TikTok hit with consumer, child safety and privacy complaints in Europe

TikTok is facing a fresh round of regulatory complaints in Europe where consumer protection groups have filed a series of coordinated complaints alleging multiple breaches of EU law. The European Consumer Organisation (BEUC) has lodged a complaint against the video sharing site with the European Commission and the bloc’s network of consumer protection authorities, while […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 02/16/2021 05:35 EDT

Zomentum raises $13 million to scale its IT sales acceleration platform

Most small businesses today don’t have a dedicated staff to handle their IT needs. Take a restaurant, for an example. Every time they need to buy a point-of-sale machine, a printer, new computers, or new emails for employees, they reach out to a contract IT professional, who then works with vendor partners to source products […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 02/16/2021 05:30 EDT

Sources: Palo Alto Networks acquired DevOps security startup Bridgecrew for around $200M

  The pandemic and the world’s big shift to doing (even) more online has put an unprecedented amount of pressure on cybersecurity. Now, it looks like one of the big public players in that space, Palo Alto Networks, has made an acquisition that will help it address that challenge, specifically with security tools designed for […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 02/16/2021 05:02 EDT

Want to invest in Nothing? Carl Pei opens investment opportunity to community

Carl Pei, co-founder of OnePlus, knows a thing or two about communities. At the Chinese smartphone maker, Pei fielded product and feature ideas from fans and held frequent gatherings to hear their feedback. At his new venture, Nothing, Pei is going a step further. London-headquartered firm said on Tuesday it will allow its community to […] Read more

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TechCrunch
Mike Butcher @ TechCrunch · 02/16/2021 03:01 EDT

New European early stage VC Revent launches with its sights set on a $60M first close

Revent — a new European early stage (pre-seed to series A) venture capital fund with an ‘impact’ focus — is coming out of the gate today, and is poised to reach its target of a €50m ($60m) fund, with the first close of that already completed. Focusing on environmental and societal problems, Revent will be […] Read more

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TechCrunch
Steve O'Hear @ TechCrunch · 02/16/2021 03:00 EDT

After pausing the business, Fronted finally launches to offer loans to cover rent deposits

Fronted, the London-based fintech aiming to make life easier for renters, including lending the cash needed for a deposit, has finally launched. In March, its founders took the decision to “hibernate” the nascent business after the first lockdown and with the pandemic taking hold. But, now with regulatory approval from the FCA and rents falling […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 02/16/2021 02:59 EDT

Travel startup GetYourGuide secures $97M revolving credit facility

Many countries hit hard by Covid-19 are beginning to see a glimmer of optimism from the arrival of vaccinations. Now, a promising travel startup that saw its growth arrested by the arrival and persistence of the pandemic is announcing a $97 million financing facility to help it stay the course until it can finally resume […] Read more

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 02/16/2021 02:41 EDT

Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa

Uncovered Fund, a VC firm targeting early-stage startups in Africa, announced today that it has launched its $15 million fund which is expected to close at the end of June this year. The Tokyo-based outfit founded by Takuma Terakubo in 2019 will invest $50,000 to $500,000 in African startups in seed and Series A stages. […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/15/2021 20:12 EDT

With Ironspring Ventures, Texas gets a $61 million new fund focused on ‘industrial’ technologies

From the chemical refineries that line the Gulf Coast to oilfields of West Texas, heavy industry has always been a big part of the economy in the Lone Star State. Now, as venture capital moves in to the state as part of an exodus from California, a new fund is combining Texas’ industrial past with […] Read more

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TechCrunch
Richard Dal Porto @ TechCrunch · 02/15/2021 18:10 EDT

4 strategies for deep tech startups recruiting top growth marketers

Growth talent wants to know that they have room to experiment, fail and iterate with the support and trust of their company. Read more

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TechCrunch
Anthony Ha @ TechCrunch · 02/15/2021 18:10 EDT

Daily Crunch: Parler is back online

Parler returns from limbo, Uber lobbies Europe and we have more details about Notion’s outage. This is your Daily Crunch for February 15, 2021. The big story: Parler is back online The social network known for its far-right user base was dropped by infrastructure provider Amazon Web Services for posts advocating violence. Now it’s back […] Read more

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TechCrunch
Connie Loizos @ TechCrunch · 02/15/2021 16:46 EDT

01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325 million

Dick Costolo and Adam Bain, renowned early Twitter execs who served as company’s CEO and its chief operating officer, respectively, have quietly closed a second venture fund just one-and-a-half years after disclosing they’d secured $135 million for a debut fund under their firm, 01 Advisors. According to an SEC filing, they wrapped up their second […] Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 02/15/2021 16:00 EDT

After raising $150 million in equity and debt, Nature’s Fynd opens its fungus food for pre-orders

Nature’s Fynd, the food technology company with a new food offering cultivated from fungus found in the wilds of Yellowstone National Park, is releasing its first products for pre-order.  Pitching both a non-dairy cream cheese and meatless breakfast patties, Nature’s Fynd had managed to attract some serious investors including Al Gore’s Generation Investment Management and […] Read more

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TechCrunch
Brian Heater @ TechCrunch · 02/15/2021 14:26 EDT

From dorm rooms to board rooms: How universities are promoting entrepreneurship

An increasing number of higher education institutions are investing in entrepreneurial pipelines that help students launch startups after graduation. Read more

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TechCrunch
Kirsten Korosec @ TechCrunch · 02/15/2021 14:23 EDT

Trafi takes its mobility-as-a-service platform to LatAm, starting with Bogota

Trafi, the Lithuanian startup that created a platform that lets users plan, book and pay for various modes of transportation within a city, is expanding beyond the European market where it got its start to tackle one of the most congested urban areas in the world. The company said it has reached an agreement to […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 02/15/2021 14:07 EDT

Jigsaw scores $3.7M to slow down your dating swipes

Chalk one up for Jigsaw, an ‘anti-superficial’ dating app, which has scored £2.7 million ($3.7M) in seed funding to put towards US expansion. The round is led by a lead generation company for online dating companies, called The Relationship Corp, with backing from angel investors in the US and UK “primarily” in the tech sector. […] Read more

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