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Mary Ann Azevedo @ TechCrunch · 02/10/2021 07:30 EDT

TomoCredit raises $7M to help the cash rich and credit poor

It’s difficult to get credit if you don’t have credit. That’s the problem that startup TomoCredit is trying to solve. Co-founder and CEO Kristy Kim came up with the concept for the company after being rejected multiple times for an auto loan while in her early 20s. Kim, who immigrated to the U.S. from South [
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TechCrunch
Anthony Ha @ TechCrunch · 02/10/2021 07:00 EDT

Podz turns podcasts into a personalized audio newsfeed

Podz is the latest startup trying to solve the problem of podcast discovery, with backing from investors like M13, Katie Couric and Paris Hilton. “Even though podcasts have gained a lot of momentum — there are 100 million folks in the U.S. who listen to podcasts — we still haven’t seen that crossover behavior, where [
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TechCrunch
Kirsten Korosec @ TechCrunch · 02/10/2021 07:00 EDT

Archer lands $1.1B order from United Airlines and a SPAC deal

Archer Aviation, the electric aircraft startup targeting the urban air mobility market, has landed United Airlines as a customer and an investor in its bid to become a publicly traded company via a merger with a special purpose acquisition company.  Archer Aviation said Wednesday it reached an agreement to merge with special purpose acquisition company [
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TechCrunch
Ingrid Lunden @ TechCrunch · 02/10/2021 06:33 EDT

Thrasio raises $750M more in equity for its Amazon roll-up play

The Amazon Marketplace roll-up play is well and truly underway. In the latest development, Thrasio — one of the biggest and earliest movers in the market to consolidate third-party sellers on the platform, with the promise to provide better economies of scale to manage and grow those businesses — announced that it has raised another [
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TechCrunch
Natasha Lomas @ TechCrunch · 02/10/2021 05:38 EDT

Collective launches a SaaS marketplace for freelancer teams

Freelancers who work well together in teams are the target for Collective, a French startup that’s launching a software-as-a-service marketplace today. (Not to be confused with Collective, a US-based startup that offers back-office tools for the self employed running a business-of-one.) Collective (the French ‘teams’ edition) is co-founded by Jean de Rauglaudre and Vianney de [
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TechCrunch
Steve O'Hear @ TechCrunch · 02/10/2021 05:00 EDT

‘Knowledge hacking’ app Uptime raises $16M

Uptime, the self-described “knowledge hacking” app, has raised $16 million in seed funding, after officially launching on iOS in January. Positioned as a “micro-learning” platform,” Uptime presents five-minute “knowledge hacks” from books, courses and documentaries. The idea is to let you quickly “grasp ideas and insights from trusted authors, instructors, and creative minds,” without spending [
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TechCrunch
Natasha Mascarenhas @ TechCrunch · 02/10/2021 05:00 EDT

Labster gets millions from a16z to bring virtual science lab software to the world

Andreessen Horowitz, a venture capital firm with $16.5 billion in assets under management, has poured millions into an edtech startup that sells virtual STEM lab simulations to institutions. Copenhagen-based Labster, which sells virtual science laboratory simulations to schools, announced today that it has raised $60 million in a Series C round led by the prominent [
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TechCrunch
Manish Singh @ TechCrunch · 02/10/2021 03:32 EDT

Snap partners with ShareChat’s Moj to roll out Camera Kit

Snap has partnered with ShareChat’s Moj app to integrate its Camera Kit into the Indian app as the American social giant looks to accelerate its growth in the world’s second largest internet market. This is the first time Snap has partnered with an Indian firm for its Camera Kit technology, which unlocks a range of [
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TechCrunch
Romain Dillet @ TechCrunch · 02/10/2021 02:30 EDT

Klarna launches bank accounts in Germany

Fintech startup Klarna is turning its mobile app into a banking app in Germany. Customers living there can now open a consumer bank account and get a Visa debit card. For now, Klarna is launching bank accounts for a limited number of users. The company expects to roll it out more broadly in the coming [
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TechCrunch
Devin Coldewey @ TechCrunch · 02/10/2021 02:02 EDT

With AI translation service that rivals professionals, Lengoo attracts new $20M round

Most people who use AI-powered translation tools do so for commonplace, relatively unimportant tasks like understanding a single phrase or quote. Those basic services won’t do for an enterprise offering technical documents in 15 languages — but Lengoo’s custom machine translation models might just do the trick. And with a new $20M B round, they [
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TechCrunch
Connie Loizos @ TechCrunch · 02/10/2021 01:28 EDT

VC Alexa von Tobel on the most overlooked driver of social-media-driven stock trading

Alexa von Tobel has always felt strongly that too many people are shut out of the stock market. She felt this as a 23-year-old who didn’t have $5,000 to open a brokerage account. She felt it while building LearnVest, a financial planning startup she launched in 2009 and sold in 2015 to Northwestern Mutual for [
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TechCrunch
Tage Kene-Okafor @ TechCrunch · 02/10/2021 00:00 EDT

Nigeria’s IROKO plans to go public on the London Stock Exchange AIM in 2022

IROKO, a Nigerian-based media company, could file to go public in the next 12 months on the London Stock Exchange (LSE) Alternative Investment Market. Founded by Jason Njoku and Bastian Gotter in 2011, IROKO boasts the largest online catalog of Nollywood film content globally. According to this report, the media company will raise between $20 [
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TechCrunch
Manish Singh @ TechCrunch · 02/09/2021 23:33 EDT

Twitter takes actions on over 500 accounts in India amid government warning

Twitter said on Wednesday it has taken actions on more than 500 accounts and reduced visibility of some hashtags in the past 10 days to comply with “several” orders from the Indian government after New Delhi threatened to take action against executives with American social network for not obeying its notices. Twitter said since January [
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TechCrunch
Danny Crichton @ TechCrunch · 02/09/2021 20:57 EDT

Dating juggernaut Match buys Seoul-based Hyperconnect for $1.73B, its biggest acquisition ever

In a large win for the Korean startup ecosystem, dating powerhouse Match Group announced this afternoon that it would buy social networking company Hyperconnect for a combined cash and stock deal valued at $1.73 billion. Hyperconnect, which is projected to have $200 million in revenue in 2020 (up 50% from 2019) according to the company, [
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TechCrunch
Mike Butcher @ TechCrunch · 02/09/2021 19:02 EDT

Big data VC OpenOcean hits $111.5M for third fund, appoints Ekaterina Almasque to GP

OpenOcean, a European VC which has tended to specialise in big-data-oriented startups and deep tech, has reach the €92 million ($111.5 million) mark for its third main venture fund, and is aiming for a final close of €130M by mid-way this year. LPs in the new fund include the European Investment Fund (EIF), Tesi, pension [
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TechCrunch
Devin Coldewey @ TechCrunch · 02/09/2021 18:43 EDT

NASA picks SpaceX Falcon Heavy for $332M mission to launch lunar Gateway components in 2024

NASA has announced that SpaceX will take two major parts of the Gateway lunar orbiter that will function as a pit stop for future Moon missions. The Power and Propulsion Element and Habitation and Logistics Outpost — which together will form the first usable lunar space station — will go up in 2024 on a [
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TechCrunch
Natasha Lomas @ TechCrunch · 02/09/2021 18:35 EDT

Sharify makes it super simple to rediscover your city’s social side

The pandemic has upended many aspects of urban life but perhaps the most visible upheaval is to citydwellers’ social lives, with curfews calling time on traditional night life across much of the Western world and social distancing putting a chilly spin on opportunities for getting together with people outside your usual circle. Who knew leaving [
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TechCrunch
Kirsten Korosec @ TechCrunch · 02/09/2021 18:31 EDT

Hyundai shrinks its ‘walking car’ robot to carry cargo, get rides from drones

Hyundai Motor Group is back with a new “walking car” robot that can use its wheels to roll along a path or stand up and navigate tougher terrain on its legs. This time, the concept is designed to carry cargo and is small enough to be carried by a drone. The TIGER robot — short [
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TechCrunch
Anthony Ha @ TechCrunch · 02/09/2021 18:29 EDT

Daily Crunch: Reddit raises $250M

Reddit raises more funding, Shopify expands payments to Facebook and a study suggests that the Apple Watch might be able to predict COVID diagnoses. This is your Daily Crunch for February 9, 2021. The big story: Reddit raises $250M This latest funding announcement comes after Reddit has returned to the headlines, with the WallStreetBets subreddit [
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TechCrunch
Brian Heater @ TechCrunch · 02/09/2021 18:29 EDT

Researchers look to ‘worm blobs’ to improve robotic movement

What, you are no doubt asking, is a worm a blob? Well, it’s a blob of worms, obviously. More specifically, it’s a blob of California blackworms. It’s not a flock, nor a swam nor a school. It’s a big, undulating mass of a Lumbriculus variegatus tangled up, but somehow moving as one. Roboticists, of course, [
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