Tiger Global in talks to back Indian fintech Yap
Tiger Global is in advanced stages of talks to back Indian embedded finance startup Yap, according to more than half a dozen people familiar with the matter.
The New York-headquartered firm is in talks to lead a $35 million financing round in Yap — also known as YapPay and M2P — that va
Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy
Getir, the startup based out of Turkey that has built a $7.5 billion business out a mobile app that lets consumers buy groceries and get them delivered in minutes, has grown its business up to now organically: targeting urban markets across Europe (and soon the U.S.) where it is disrupting the well
As work went remote, companies flocked to a startup dumping CVs for skill tests
As companies scrambled to re-orient themselves last year during the pandemic, one thing was clear: the shift to remote working had come sooner than anyone expected. With this came a fundamental shift in how businesses would have to hire new talent. And the question was, were managers going to labor
Germany’s icon group VC bets $30M to back startups enabling traditional companies to pivot
Icon group is a new $30M VC fund being launched out of Germany’s iconmobile group, a WPP network agency. This means a reorganization of the company from a full-service innovation agency into also offering VC backing.
iconmobile has garnered a reputation as an innovative technology, design, an
Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe
“Instant” grocery delivery has been a big theme among food startups in Europe, where customers can order from a limited assortment of items and get their purchases packed from “dark stores” and delivered in sometimes as little as 10 or 15 minutes. But today a startup that
Uber’s first head of data science just raised a new venture fund to back nascent AI startups
Kevin Novak joined Uber as its seventh engineer in 2011, and by 2014, he was the company’s head of data science. He talks proudly of that time, but like all good things, it ran its course and by the end of 2017, having accomplished what he wanted at the company, he left.
At first, he picked u
VividQ, which has raised $15M, says it can turn normal screens into holographic displays
VividQ, a UK-based deeptech startup with technology for rendering holograms on legacy screens, has raised $15 million to develop its technology for next-generation digital displays and devices. And it’s already lining up manufacturing partners in the US, China and Japan to do it.
The funding
Daily Crunch: Insecure server exposes Byju's students’ names, phone numbers, emails and more
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Hello and welcome to Daily Crunch for June 30, 2021. It's the last day of the quarter. It's the last day of the first half of the year. It's the halfw
Lego should snap up this rapid-fire brick-finding iOS app
Lego has worked extremely closely with Apple over the years, experimenting with unreleased iOS tech and demoing it onstage at launch events like WWDC; this has included some pretty heavy tinkering on the augmented reality ARKit platform that they’ve integrated several of their play sets with,
Dispense with the chasm? No way!
Jeff Bussgang, a co-founder and general partner at Flybridge Capital, recently wrote an Extra Crunch guest post that argued it is time for a refresh when it comes to the technology adoption life cycle and the chasm. His argument went as follows:
VCs in recent years have drastically underestimated
SpaceX delivers 88 satellites to orbit, lands first stage onshore for first time in 2021
SpaceX launched 85 satellites for external customers, as well as three Starlink satellites, to orbit on Tuesday, marking the second successful launch of the company’s dedicated rideshare missions. While the Transporter-2 mission will deliver fewer objects to space than the first rideshare mis
BMW i Ventures announces new $300 million fund to invest in sustainable technology
BMW i Ventures, the venture capital arm of BMW Group, has announced a new $300 million fund to further its investment in technologies that make transportation, manufacturing and supply chains more sustainable.
The firm doesn't operate as a traditional corporate venture capital fund, but rathe
Women’s social network Peanut launches microfund StartHER to invest in pre-seed stage startups
Peanut, the maker of a social networking app for women, is entering into the investing space with today’s launch of a microfund called StartHER. As the name implies, the new fund will focus on investing in women, as well as other historically excluded founders “of all ages, life stages
Volvo Cars sets the tone for its next-gen vehicles with ‘Concept Recharge’ EV
Volvo Cars wants to completely electrify its lineup by 2030 and on Wednesday offered a glimpse into how it plans to get there and what its next generation of vehicles might look like.
But it's not going to do it alone. Although the automaker plans on developing its own in-car operating system a