Warehouse automation is all the rage in robotics these days. No surprise then, that another emerging player just got a healthy slice of venture funding. Massachusetts-based Locus Robotics this week announced that it’s secured a $26 million Series C. The round, led by Zebra Ventures and Scale Venture Partners, brings the startup’s total funding up
Facebook has quietly removed three far right networks that were engaged in coordinated inauthentic behavior intended to spread politically divisive content in Spain ahead of a general election in the country which takes place on Sunday. The networks had a total reach of almost 1.7M followers and had generated close to 7.4M interactions in the
Casino Group and Amazon announced that they’re expanding their partnership in France. In particular, there will be Amazon lockers in 1,000 supermarkets and smaller grocery stores across France. Casino Group partnered with Amazon last year to launch Monoprix on Amazon Prime Now. Prime members in Paris can order groceries and other products you’d regularly find
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Brian Heater and Lucas Matney shared their key takeaways from our Robotics + AI Sessions event at UC Berkeley last week. The event was filled with panels, demos and intimate
Plus, Apple’s facial-recognition snafu and Key by Amazon’s expansion.
Verizon just released its first quarter earnings report, with earnings per share that came in significantly ahead of analyst expectations, while revenue was right in line with predictions. The company reported EPS of $1.22 per share (or $1.20 when adjusted to exclude a 2 cent benefit due to a pension re-measurement triggered by its recent
KeepTruckin, a developer of hardware and software that helps truck drivers manage their vehicles and cargo, has raised $149 million in Series D funding. Greenoaks Capital has led the round, with participation from existing backers GV, IVP, Index Ventures and Scale Venture Partners . The round values the business at $1.25 billion, according to KeepTruckin
Le Wagon has been steadily growing for the past few years. The bootstrapped French company now has 34 campuses across 22 countries. And now, Le Wagon is about to welcome a whole lot more students thanks to a new part-time program. The startup has been testing a new part-time format in London and now wants
Ruthless copying is common in tech. Just ask Snapchat. However, it’s typically more conceptual than literal. But car API startup Smartcar claims that its competitor Otonomo copy-and-pasted Smartcar’s API documentation, allegedly plagiarizing it extensively to the point of including the original’s typos and randomly generated strings of code. It’s published a series of side-by-side screenshots
Fintech is very much still hot in Asia. ZestMoney, a startup that helps consumers with no credit history get loans to buy online, announced today it has raised a $20 million Series B. The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in
Twitter shut down Dom Hoffman’s app Vine, giving away the short-form video goldmine to China’s TikTok. Now a year and half since Hoffman announced he’d reimagine the app as V2 then scrapped that name, his follow-up to Vine called Byte has finally sent out the first 100 invites to its closed beta. Byte will let
Anthony just returned from Vancouver, where he was covering the TED2019 conference — a much-parodied gathering where VCs, executives and other bigwigs gather to exchange ideas. This year, Twitter CEO Jack Dorsey got the biggest headlines, but the questions raised in his onstage interview kept popping up throughout the week: How has social media warped
It’s one of the greatest technology “startup” success stories of the personal computer and smartphone eras. Yet, despite selling 59 million smartphones and netting $27 billion in revenue last quarter in its first-ever public earnings report this morning, a strange and tantalizing question shrouds the world’s number two handset manufacturer behind Samsung. Who owns Huawei?
Samsung has just confirmed that it will delay the release of the Galaxy Fold. Confirming this morning’s report, the company sent TechCrunch a statement noting that the foldable will not make its previously announced Friday ship date. Once again, no details on availability are forthcoming — which is honestly probably for the best, as the
Facebook today announced that it has made its first major API contribution to Google’s Chrome browser. Together with Google, Facebook’s team created an API proposal to contribute code to the browser, which is a first for the company. The code, like so much of Facebook’s work on web tools and standards, focuses on making the
Cyrus Summerlin and Max Hellerstein, who previously created the Push for Pizza app (which allowed users to order a pizza with the push of a button), are officially launching their new startup today, Down to Shop. The app bills itself as both a modern reinvention of QVC and “the funnest way to shop.” It allows users
In the nine years since private equity and venture capital investments into sustainable technologies last crossed the $6 billion threshold, the problems caused by global carbon emissions have only intensified. Now, as the world confronts the reality that there’s not much time left to reverse course on carbon emissions and the impact they will have
It’s been a tricky past few years for HappyFresh, the startup seeking to bring Instacart-like grocery deliveries to Southeast Asia. It’s been through a series of rebuilding measures, but there’s light at the end of the tunnel after it announced a $20 million Series C. Launched in 2015, HappyFresh quickly raised $12 million to expand
Joanna Glasner Contributor More posts by this contributor A record $2.5B went to US insurance startup deals last year, and big insurers are in all the way Space tech rockets higher In a foodie’s ideal world, we’d all eat healthy, minimally processed cuisine sourced from artisanal farmers, bakers and chefs. In the real world, however,
Africa has made its global IPO debut. Pan-African e-commerce company Jumia—a $1 billion-valued company—began trading live on the NYSE last week. The stock offering made Jumia the first upstart operating in Africa to list on a major global exchange. This raises expectations for unicorns and IPOs to create the continent’s first wave of startup moguls.
Wasting time every night debating with yourself or your partner about what to watch on Netflix is a drag. It burns people’s time and good will, robs great creators of attention, and leaves Netflix vulnerable to competitors who can solve discovery. A ReelGood study estimated that the average user spends 18 minutes per day deciding.
When Zoom hit the public markets Thursday, its IPO pop, a whopping 81 percent, floored everyone, including its own chief executive officer, Eric Yuan. Yuan became a billionaire this week when his video conferencing business went public. He told Bloomberg that he actually wished his stock hadn’t soared quite so high. I’m guessing his modesty
Apologies for skipping day three. This kept me extremely busy yesterday. Though the Galaxy Fold remained a constant companion. Before you ask (or after you ask on Twitter without having read beyond the headline), no it’s hasn’t broken yet. It’s actually been fairly robust, all things considered. But here’s the official line from Samsung on
Fastly, the content delivery network that’s raised $219 million in financing from investors (according to Crunchbase), is ready for its close up in the public markets. The eight-year-old company is one of several businesses that improve the download time and delivery of different websites to internet browsers and it has just filed for an IPO.
Ramotion is a remote branding and product design agency that has worked with Bay Area tech startups since 2014. While they typically do branding for funded, fast-growing startups, Ramotion has helped companies ranging from Bitmoji’s early brand identity to Mozilla’s rebrand. We spoke to Ramotion’s CEO Denis Pakhaliuk about their iterative approach, his favorite branding
Julian Shapiro Contributor Julian Shapiro is the founder of BellCurve.com, a growth marketing agency that trains you to become a marketing professional. He also writes at Julian.com. More posts by this contributor How do startups actually get their content marketing to work? What’s the cost of buying users from Facebook and 13 other ad networks?