Joywell Foods raises $25M to bring sweet proteins to market
Fri, 27 May 2022 11:10:08 +0000
Joywell uses a proprietary microbial fermentation process to produce sweet proteins that are nearly identical to those found in exotic fruits and berries.
Indian fintech Jar eyes $50 million investment
Fri, 27 May 2022 08:46:29 +0000
Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquartered startup is engaging with several investors to raise about $50 million at a $350 million valuation, according to four people familiar […]
FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked
Fri, 27 May 2022 03:57:13 +0000
Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. One of the startups working towards this vision is Zimbabwe’s […]
Report: Substack, the highly hyped newsletter platform, has ditched plans for a Series C
Fri, 27 May 2022 00:47:05 +0000
Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, the New York Times is reporting today.  According to its sources, Substack held discussions with potential investors in recent months about raising $75 million to $100 million at a valuation […]
After buying Bungie, Sony goes all in on live service games
Thu, 26 May 2022 23:31:27 +0000
After buying Bungie earlier this year, Sony is moving fast to integrate the company’s expertise into its broader vision. In an investor presentation Thursday, Sony Interactive Entertainment CEO Jim Ryan outlined a near future for the company that focuses heavily on continually updated online games inspired by Destiny, Bungie’s long-running hit. Sony expects to spend […]
Canon takes another stab at the mirrorless market, with R7 and R10
Thu, 26 May 2022 22:59:47 +0000
Camera giant Canon has had an impressive SLR camera lineup since the mid-’70s and has made a successful transition from film-based SLR cameras to the digital realm. The company has been less successful in the mirrorless space but recently picked up the sales numbers. The company claims that it took the top spot for market […]
Daily Crunch: In one of the largest tech deals ever struck, Broadcom will buy VMware for $61B
Thu, 26 May 2022 22:15:31 +0000
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Foursquare founder banks funding for mystery 3D social network startup
Thu, 26 May 2022 22:05:36 +0000
The excitement around web3 and the metaverse have pulled plenty of entrepreneurs who defined the first generation of native mobile apps to begin questioning what’s next. Foursquare founder Dennis Crowley is on the co-founding team of a new startup called LivingCities, alongside Matt Miesnieks, who sold his most recent startup to Niantic for an […]
Meta and Google’s Gradient back LatAm startup OlaClick
Thu, 26 May 2022 21:54:39 +0000
More than 80% of food delivery orders in Latin America are still made over phone calls and settled with cash. OlaClick, a young startup that is helping these restaurants sell online and collect money digitally, announced on Thursday it has received backing from scores of investors, including Gradient, Meta and Delivery Hero. Gradient Ventures, Google’s […]
A look at the nine teams that just presented at Pear’s latest demo day
Thu, 26 May 2022 21:43:15 +0000
TechCrunch has been covering the demo days of the seed-stage venture firm Pear VC since 2015. (There we are in the front row in 2016, surrounded by investors, typing away.) A few things have remained true since that time. There are typically 10 or so companies that present and not many more. A lot of […]
Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others
Thu, 26 May 2022 21:00:32 +0000
Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this current market cycle is different.
Making room at the cap table: A new plan for promoting diversity in tech
Thu, 26 May 2022 20:35:22 +0000
As it turns out, we don’t just have a diversity problem in tech employment. We have a diversity problem in tech investment as well.
Disney+ releases trailer and premiere date for latest ‘Star Wars’ series ‘Andor,’ starring ‘Rogue One’ rebel hero
Thu, 26 May 2022 20:03:35 +0000
Disney+ released its first trailer for the upcoming series “Andor,” a prequel to “Rogue One.” It will premiere on the service on August 31 with two episodes to start. In total, the series will have 12 episodes, which was confirmed by Lucasfilm at today’s Star Wars Celebration at the Anaheim Convention Center. Diego Luna will […]
Does WeWork’s Adam Neumann really deserve his second chance?
Thu, 26 May 2022 19:14:46 +0000
Plenty of entrepreneurs have used the crypto boom to plot the next step of their Silicon Valley character arcs, but few of them have an active television series chronicling their misdeeds. This week, Adam Neumann made his post-WeWork debut, co-founding a blockchain-based carbon credits market, and — more impressively — raising $70 million in funding […]
Twitter investors sue Elon Musk over acquisition shenanigans
Thu, 26 May 2022 19:12:38 +0000
The world’s richest man isn’t above trying to get a discount, apparently. In a new lawsuit, Twitter shareholders are suing Elon Musk, alleging that he manipulated the price of the company’s stock for his own benefit in the course of agreeing to buy the company. The lawsuit represents a group of Twitter investors but would […]
Lab, crab and robotic rehab
Thu, 26 May 2022 18:30:02 +0000
I was in Berkeley a couple of months back, helping TechCrunch get its proverbial ducks in a row before our first big climate event (coming in a few weeks, folks). Professor Ken Goldberg, who’s helped play a big role in a number of our robotics events, kindly gave me a tour of BAIR, the Berkeley […]
Instagram is currently down for some users
Thu, 26 May 2022 18:28:24 +0000
If you’re having problems accessing Instagram today, you’re not alone. The social media giant is currently experiencing some problems, according to reports on third-party web monitoring service Downdetector. The website indicates that issues began at around 12:30 p.m. EDT. NetBlocks, which tracks global internet usage and disruptions, has also noted that Instagram is facing intermittent […]
Pitch Deck Teardown: Lumigo’s $29M Series A deck
Thu, 26 May 2022 18:00:24 +0000
We tear down the deck Lumigo used to land a $29 million Series A round led by Redline Capital last year.
To fully embrace product-led growth, build a strong product ops team
Thu, 26 May 2022 17:58:57 +0000
Typically part of the product team, product ops sits at the intersection of product, engineering and customer success.
VCs will discuss how to find funding when you’re not in a major tech hub at TC Disrupt
Thu, 26 May 2022 17:39:07 +0000
Silicon Valley — it’s synonymous with tech startups. Other big cities, such as Beijing, Berlin, London and New York City to name a few, built their own growing startup ecosystems. For years, conventional wisdom said startup success required relocating to a traditional, big-city innovation hub with extensive networks of tech talent and startup investors. But […]