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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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15.11.2025 09:00
Last update: 08:55 EDT.
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