Indonesian healthcare startup Prixa raises $3M led by MDI and TPTF

Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF), with participation from returning investors including Siloam Hospitals Group. This brings Prixa's total raised to $4.5 million since it launched in 2019. Co-founder and ch

This one email explains Apple

An email has been going around the internet as a part of a release of documents related to Apple's App Store-based suit brought by Epic Games. I love this email for a lot of reasons, not the least of which is that you can extrapolate from it the very reasons Apple has remained such a vital forc

Flink, the German grocery delivery startup, raises $240M after launching just 6 months ago

On-demand grocery delivery, which really came into its own with the emergence of the Covid-19 pandemic, continues to command huge attention from investors. The jury is still out on how people will use those services in the longer term, but in the meantime, the most ambitious of the startups in the

Europe wants to go its own way on digital identity

In its latest ambitious digital policy announcement, the European Union has proposed creating a framework for a “trusted and secure European e-ID” (aka digital identity) — which it said today it wants to be available to all citizens, residents and businesses to make it easer to us

A new video platform offering classes about skilled trades begins to build momentum

Trade schools are nothing new, but a new startup called Copeland thinks it can build a big business by bringing education about plumbing, drywall, cabinetry and more to the masses through high-quality pre-filmed classes online that feature industry pros and professional educators. If it sounds like

Rebranded Toyota Ventures invests $300 million in emerging tech and carbon neutrality 

Toyota AI Ventures, Toyota's standalone venture capital fund, has dropped the “AI” and is reborn as, simply, Toyota Ventures. The fund is commemorating its new identity by investing an additional $300 million in emerging technologies and carbon neutrality via two early-stage funds:

TikTok just gave itself permission to collect biometric data on US users, including ‘faceprints and voiceprints’

A change to TikTok’s U.S. privacy policy on Wednesday introduced a new section that says the social video app “may collect biometric identifiers and biometric information” from its users’ content. This includes things like “faceprints and voiceprints,” the policy

White House expands investment ban on Chinese tech and telecom companies

The Biden administration has replaced and expanded Trump-era restrictions on investing in certain Chinese firms deemed supportive of that country’s surveillance and military apparatus. Major tech, space and telecom companies are listed in the initial 59 covered by the executive order, with mo

Aurora brings in outsiders to boost safety efforts, public trust of driverless vehicles

Aurora, the autonomous vehicle company that acquired Uber ATG last year, has re-assembled a team of outside experts, shared new details about its operations in a self-assessment safety report and launched a website as part of a broader effort to win over consumers wary of the technology that they

For SaaS startups, differentiation is an iterative process

Software as a service has been thriving as a sector for years, but it has gone into overdrive in the past year as businesses responded to the pandemic by speeding up the migration of important functions to the cloud. We've all seen the news of SaaS startups raising large funding rounds, with de

Daily Crunch: Canada and Australia get first look at Twitter Blue subscription service

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for June 3, 2021. If you are a startup founder or early employee or investor, there's good news on the technewss front toda

Medium sees more employee exits after CEO publishes 'culture memo'

In April, Medium CEO Ev Williams wrote a memo to his staff about the company's shifting culture in the wake of a challenging year. “A healthy culture brings out the best in people,” he wrote. “They feel psychologically safe voicing their ideas and engaging in debate to find the best answe

Paramount+ will launch a $4.99 monthly ad-supported subscription

If you didn't want to shell out $9.99 per month to watch the meme-worthy iCarly reboot, now you won't have to. On Monday, Paramount+ will launch its ad-supported Essential Plan, priced at $4.99 per month. This less expensive plan will replace the CBS All Access plan, which included commerci

Lux Capital has raised $1.5 billion more to invest in — and create — new startups

The fundraising continues apace in the go-go world of venture capital. Today, it’s Lux Capital — known for its frontier investing — that has closed a $675 million early-stage venture fund and an $800 million growth-stage fund from its existing LPs, including many of the foundation