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Darrell Etherington @ TechCrunch · 03/24/2021 08:21 EDT

SpaceX launches 60 more Starlink satellites, making 240 launched this month alone

SpaceX has added yet more Starlink satellites to its existing constellation on orbit, with a successful delivery of 60 spacecraft this morning from Cape Canaveral in Florida. The mission used a Falcon 9 with a flight-prove booster that served on five previous launches, and a cargo fairing cover made up of two re-used halves from […] Read more

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TechCrunch
Natasha Lomas @ TechCrunch · 03/24/2021 08:00 EDT

Motosumo scores $6M to spin up a challenge to Peloton

Denmark-based Motosumo has scored a $6M Series A raise led by London’s Magenta Partners, alongside existing investors. The new funding will go on doubling its network of spin class instructors across Europe, North America, Asia and Australia, expanding its tech team and upping its marketing. The 2015-founded fit-tech startup has developed a system for measuring […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 03/24/2021 07:55 EDT

Elon Musk declares you can now buy a Tesla with Bitcoin in the U.S.

Tesla made headlines earlier this year when it took out significant holdings in bitcoin, acquiring a roughly $1.5 billion stake at then-prices in early February. At the time, it also noted in an SEC filing disclosing the transaction that it could also eventually accept the cryptocurrency as payment from customers for its vehicles. Now, Elon […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/24/2021 07:30 EDT

Berlin’s Blacklane raises $26M to expand its high-end chauffeur-driven sustainable car service

As the Ubers of the world continue to scale, a smaller on-demand transportation startup has raised some funding in Germany, underscoring the opportunities that remain for startups in the space targeting specific service niches. Blacklane — the Berlin startup that provides on-demand black-car chauffeur services in Berlin, London, Dubai, Los Angeles, New York, Paris, Singapore […] Read more

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TechCrunch
Darrell Etherington @ TechCrunch · 03/24/2021 07:16 EDT

Hopper raises $170M and partners with Capital One on a new cardholder travel booking portal

Canadian travel startup Hopper has raised a $170 million Series F round, led by Capital One. The U.S. banks and credit card company is also coming on board as a strategic partner, to launch Capital One Travel, which is the first instantiation of Hopper’s new B2B platform, Hopper Cloud. This is Hopper’s second raise in […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 03/24/2021 06:55 EDT

Indian fantasy sports app Dream11’s parent firm raises $400 million

Dream Sports, the parent firm of fantasy sports app Dream11, has secured $400 million in a new financing round as the Mumbai-headquartered firm builds what it calls an “end-to-end sports tech company” in the cricket-loving nation, which is also the world’s second largest internet market. The secondary fundraise was led by TCV, D1 Capital Partners […] Read more

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TechCrunch
Mary Ann Azevedo @ TechCrunch · 03/24/2021 06:00 EDT

Neighbor raises $53M for self-storage marketplace after 5x YoY revenue growth

Neighbor, which operates a self-storage marketplace, announced Wednesday that it has raised $53 million in a Series B round of funding. Fifth Wall led the financing, which notably also included participation from returning backer Andreessen Horowitz (a16z) and new investors DoorDash CEO Tony Xu and StockX CEO Scott Cutler. Xu and Cutler will join former […] Read more

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TechCrunch
Ingrid Lunden @ TechCrunch · 03/24/2021 05:47 EDT

Feedzai raises $200M at a $1B+ valuation for AI tools to fight financial fraud

On the heels of Jumio announcing a $150 million injection this week to continue building out its AI-based ID verification and anti-money laundering platform, another startup in the space is levelling up. Feedzai, which provides banks, others in the financial sector, and any company managing payments online with AI tools to spot and fight fraud […] Read more

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TechCrunch
Tage Kene-Okafor @ TechCrunch · 03/24/2021 05:03 EDT

Nigerian fintech of the unbanked Bankly raises $2M led by Vault and Flutterwave

Nigeria remains a largely cash-dominated country. There are over 100 million adult Nigerians, of which more than half have little or no access to financial services.  Today, Bankly, a Nigerian fintech startup digitizing cash for the unbanked, announced that it has closed a $2 million seed round. Founded by Tomilola Adejana and Fredrick Adams in […] Read more

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TechCrunch
Catherine Shu @ TechCrunch · 03/24/2021 04:12 EDT

Indonesian social commerce app KitaBeli gets $10M led by Go Ventures

KitaBeli, an Indonesian social commerce app for group buying, announced today it has raised a $10 million Series A. The round was led by Gojek’s investment arm Go Ventures, with participation from returning investors AC Ventures and East Ventures. KitaBeli currently focuses on selling fresh produce and fast-moving consumer goods (FMCG) in areas outside of […] Read more

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TechCrunch
Rebecca Bellan @ TechCrunch · 03/24/2021 03:03 EDT

Lime launches app-less rides and no fee reservations to get more people riding

Lime is rolling out several new features, including the ability to rent electric scooters without downloading the app, in an effort to attract more riders.  The micromobility company announced Wednesday a series of product features that aims to remove barriers to entry for new users, while increasing accessibility to its vehicles. The new features include […] Read more

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TechCrunch
Manish Singh @ TechCrunch · 03/23/2021 22:53 EDT

Indian social network Public App raises $41 million

Public App, a location-based social network that connects individuals to people in their vicinity, has raised $41 million in a new round, just six months after securing $35 million as the hyper-local Indian startup looks to expand its presence in the world’s second largest internet market. A91 Partners led the new round in Public App, […] Read more

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TechCrunch
Matthew Panzarino @ TechCrunch · 03/23/2021 21:51 EDT

TechCrunch, still not dead

You may have seen an article over at Axios today about the rebrand of many of the Verizon Media products under a new Yahoo+ banner. I would like to congratulate all of the teams that have worked hard to build a cohesive brand identity and a new plan for a bunch of great properties with […] Read more

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TechCrunch
Devin Coldewey @ TechCrunch · 03/23/2021 21:33 EDT

Our favorite companies from Y Combinator’s W21 Demo Day: Part 2

We've reached the end of Y Combinator's biggest Demo Day, which saw more than 300 companies pitching back-to-back over eight hours. Read more

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TechCrunch
Catherine Shu @ TechCrunch · 03/23/2021 19:30 EDT

Cross-border fintech Airwallex raises $100M Series D extension at new valuation of $2.6B

Airwallex, the fintech company for cross-border businesses, announced today it has added $100 million more to its Series D round, bumping its valuation up to $2.6 billion. The extension was led by Greenoaks, with participation from Grok Ventures and returning investors Skip Capital and ANZi Ventures. Co-founder and chief executive officer Jack Zhang told TechCrunch […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 03/23/2021 19:07 EDT

Y Combinator widens its bet in edtech in latest batch

Y Combinator is slowly growing its stake in education companies, as the sector balloons with newfound demand from remote learners. In its latest batch, the famed accelerator had its highest number of edtech startups yet: 14 companies from around the world, working on everything from teacher monetization to homework apps to ways to train software […] Read more

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TechCrunch
Anthony Ha @ TechCrunch · 03/23/2021 18:12 EDT

Daily Crunch: OnePlus announces its first smartwatch

OnePlus unveils new hardware, Apple updates its educational offerings and Facebook reveals plans for its next developer conference. This is your Daily Crunch for March 23, 2021. The big story: OnePlus announces its first smartwatch The Chinese smartphone maker announced the OnePlus Watch today, a $159 smartwatch with a minimalist design and a new operating […] Read more

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TechCrunch
Natasha Mascarenhas @ TechCrunch · 03/23/2021 18:08 EDT

Our favorite companies from Y Combinator’s W21 Demo Day: Part 1

If you don't have time to skim through 300+ startups, we've aggregated some of the companies that really managed to catch our eye. This is part one of two, covering our favorites from the companies that launched in the first half of the day. Read more

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TechCrunch
Jonathan Shieber @ TechCrunch · 03/23/2021 17:58 EDT

This Y Combinator startup is taking lab grown meat upscale with elk, lamb, and wagyu beef cell lines

Last week a select group of 20 employees and guests gathered at an event space on the San Francisco Bay, and, while looking out at the Bay Bridge dined on a selection of choice elk sausages, wagyu meatloaf, and lamb burgers — all of which were grown from a petrie dish. The dinner was a […] Read more

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TechCrunch
Sarah Perez @ TechCrunch · 03/23/2021 17:54 EDT

Facebook’s Clubhouse rival looks a lot like Clubhouse right now

Facebook is building a Clubhouse rival, The New York Times reported in February. But what that product will look like or how it will work have been questions that have remained unanswered. However, new screenshots of a Facebook audio product, still under development, show what appears to be a live audio broadcast experience that’s more […] Read more

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