Taiwan’s KKday, a startup in the increasingly competitive travel activities space, has pulled in an undisclosed funding round that adds two strategic investors to its business: Chinese e-commerce firm Alibaba and Japanese chat app company Line. KKday was founded in 2015 to help people who travel overseas to find and book activities, ranging from tours
Read this slowly: The White House’s press secretary has tweeted a manipulated video shared by the editor-at-large of conspiracy theorist outlet Infowars to attempt to justify its decision to suspend the press credentials of CNN’s chief white house correspondent. CNN’s Jim Acosta had his press pass pulled by the White House earlier today after press secretary
Southeast Asia ride-hailing firm Grab is continuing to add strategic investors to its ongoing Series H round — which is targeted at over $3 billion — after it revealed Thai bank Kasikorn put in $50 million as part of a strategic partnership to advance its financial services strategy. Kasikorn joins Hyundai ($250 million), Microsoft (undisclosed)
RealtimeBoard, a visual collaboration tool particularly suited to distributed teams, has picked up $25 million in Series A funding. Accel led the round, with participation from existing investor AltaIR Capital. The 150 person-strong company — which itself is distributed across offices in San Francisco, Los Angeles, Amsterdam, and Perm — says it will use the
TripActions, one of the most well-capitalized travel startups in Silicon Valley, has raised yet another round of capital valuing the corporate travel manager at more than $1 billion. Andreessen Horowitz co-founder Ben Horowitz will join TripActions’ board of directors as part of the startup’s $154 million in Series C funding. Lightspeed Venture Partners, Zeev Ventures and
Infarm, the Berlin-based startup that has developed vertical farming tech for grocery stores, restaurants and local distribution centres to bring fresh and artisan produce much closer to the consumer, is expanding to Paris. Once again, the company is partnering with Metro in a move that will see Infarm’s “in-store farming” platform installed in the retailer’s
Obtaining a banking license and then launching an actual new retail bank requires capital. A lot of capital. Enter Zopa, the U.K. peer-to-peer lending company that wants to become a bank, which today is announcing that it has closed £60 million in further funding. Only £16 million is actually new new money, having already disclosed
Let me just say that I love the idea of a folding phone/tablet device. I was a Courier fanboy when Microsoft floated that intriguing but abortive concept device, and I’m all for unique form factors and things that bend. But Samsung’s first real shot at a folding device is inexplicable and probably dead on arrival.
Netflix’s internal hackathons have consistently produced fun and often silly hacks, from that “Netflixtendo” hack a few years ago that let you run Netflix on the original NES to the more recent “audiobook mode” that turned Netflix series into old school radio shows by way of Audio Descriptions. This year’s hackathon doesn’t disappoint either, with
DevOps platform CircleCI today announced a new partner program that will open up its platform and allow third-party tools to integrate with it. In addition, the company is also launching Orbs, which it describes as “the world’s first package manager designed specifically for configuration of software delivery automation.” Fresh off its $31 million funding round
Tinder has never really shaken its reputation among consumers as a “hook up” app, instead of one designed for more serious dating. Now, it seems Tinder is planning to embrace its status as the default app for younger users who aren’t ready to settle down. According to Match Group CEO Mandy Ginsberg, speaking to investors on
Chris Hays and Mark Jeffrey wanted to create a way for everyone to be able to tell their loved ones if they were in trouble. Their first product, GuardianCircle did just that, netting a mention in a few years ago. Now the same team is truly decentralizing alerts with a new token called, obviously, Guardium.
The UK’s privacy watchdog has asked Facebook’s lead EU regulator to look into ongoing data protection concerns about its ad platform — including how its platform is being used to target and spread fake adverts to try to manipulate voters. Facebook’s international HQ is in Ireland so the regulator in play here is the Irish
Spotify’s ad-supported tier has long been one of the service’s differentiators. Naturally, the model’s not nearly as feature-rich as its paid counterpart, though the company’s removing one of those key distinctions as of this morning. In a press release, the company notes that free users will soon be able to stream music through Spotify Connect-sporting speakers.
We are experimenting with new content forms at TechCrunch. This is a rough draft of something new – provide your feedback directly to the authors: Danny at email@example.com or Arman at Arman.Tabatabai@techcrunch.com if you like or hate something here. Ignoring the midterm hysteria, we continue our obsession with SoftBank today by looking at the group’s
Because solar and wind power are now cheaper to produce than energy from fossil fuels, the only obstacle that remains to the mass adoption of renewable power is the amount of money utilities need to spend to store the energy those systems produce. Right now, storing 100 megawatts of renewable energy (enough to power roughly 600,000
Fraugster, the Berlin-based startup that uses artificial intelligence to prevent fraud for online retailers, has raised $14 million in a Series B funding. The round is led by CommerzVentures, the venture capital subsidiary of Commerzbank, alongside early Fraugster investors Earlybird, Speedinvest, Seedcamp, and Rancilio Cube. Notably, Munich Re/HSB Ventures, the VC arm of global reinsurer
PressLogic founders Ryan Cheung and Edward Chow PressLogic, a Hong Kong-based social media content and data analytics startup, announced today that it has raised a $10 million Series A+ round from Meitu, developer of the popular Chinese selfie app. PressLogic will use the funds to launch its new lifestyle brand GirlStyle and enter e-commerce with its
One Minute TechCrunch! Since it’s impossible, as a journalist, to crawl around all the stands at Web Summit in Lisbon, I thought it would be easier to stand in one place and meet people there! Thus, you will get the chance to meet me (Mike Butcher) and pitch me your company for 1 MINUTE at
Facebook has yet again declined an invitation for its founder and CEO Mark Zuckerberg to answer international politicians’ questions about how disinformation spreads on his platform and undermines democratic processes. But policymakers aren’t giving up — and have upped the ante by issuing a fresh invitation signed by representatives from another three national parliaments. So
Portify, a London fintech startup that offers an app and various financial products to help gig economy workers better manage their finances and in turn improve financial wellbeing, has raised £1.3 million in seed investment. The round is led by Kindred Capital, and company builder and investor Entrepreneur First (EF), with participation from various unnamed
Home Made, the London premium online lettings agency, has raised a further £2 million in funding. The round is led by Athens-based venture capital firm VentureFriends, and follows the proptech startup’s £850,000 “pre-seed” round nine months ago. Founded in 2016 by Asaf Navot, a former Bain strategy consultant and INSEAD graduate, and Nick Binnington, a
The 115 accounts Facebook took down yesterday for inauthentic behavior ahead of the mid-term elections may indeed have been linked to the Russia-based Internet Research Agency, according to a new statement from the company. It says that a site claiming association with the IRA today posted a list of Instagram accounts it had made which
Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed)
Facebook Dating is no challenger to Tinder-owner Match Group (NASDAQ: MTCH), which posted third-quarter earnings per share of 44 cents on Tuesday. The company, which owns several brands of internet dating services, including Tinder, Hinge, OkCupid and PlentyOfFish, surpassed analyst’s forecasted revenue of $437 million, reporting Q3 revenue of $444 million, a 29 percent increase
Few things in the world of technology can really ever be said to be “done,” and certainly exoskeletons are not among their number. They exist, but they are all works in progress, expensive, heavy, and limited. So it’s great to see this team working continuously on their TWIICE robotic wearable, improving it immensely with the
Watchmaker Jaquet Droz makes luxury watches that cost more than some San Francisco apartments. Now, however, they’ve decided to go “downmarket” with their Sports Watch chronograph, a handmade watch that is designed for both work and play. The watch is a standard chronograph with big date, a complication that displays the date as two digits
The holiday season is here again, touting all sorts of kids’ toys that pledge to pack ‘STEM smarts’ in the box, not just the usual battery-based fun. Educational playthings are nothing new, of course. But, in recent years, long time toymakers and a flurry of new market entrants have piggybacked on the popularity of smartphones
IndieBio, the biotech startup accelerator that’s produced heaps of notable companies (including several that have graced the Startup Battlefield), is holding its twice-annual demo day today at 3PM Pacific Time. An even dozen young companies will be pitching their work, from AI-informed research to artificial meat, and you can watch them present live right here.
TranswerWise, the European fintech unicorn that enables low-cost international money transfer, has always had ambitions of being a platform in the truest sense. In addition to its direct to consumer app, the company offers an API for integration with other fintechs and banks, although it is fair to say that third-party integrations of this kind