Apple starts assembling iPhone 12 in India

Apple is beginning to assemble the iPhone 12 in India as it ramps up its production capacity in the world’s second-largest smartphone market. Foxconn, a contract manufacturing partner of Apple, is assembling the iPhone 12 base model — though currently no other iPhone 12 model (Pro, Pro

Zego, the tech-enabled commercial motor insurer, raises $150M at $1.1B valuation

Zego, the insurtech that got its start by offering flexible motorbike insurance for gig economy workers but has since expanded with a range of tech-enabled commercial motor insurance products, has raised $150 million. Leading the London-based company’s C round — giving it a $1.1 billion

Jobandtalent takes $120M from Softbank to enter the US market

Spain’s Jobandtalent, a digital temp staffing agency startup which operates a dual-sided platform that matches temps with employers needing casual labor in sectors like ecommerce, warehousing, logistics and manufacturing, has grabbed €100 million (~$120M) in Series D funding from SoftBank&#

Investors get a rise out of Walmart’s agreement to stock more Beyond Meat

Beyond Meat shares soared today on the heels of an announcement that Walmart is beefing up its relationship with the purveyor of meatless protein patties, sausages, and balls. 900 stores will now be stocking Beyond Meat’s hot Italian sausages and its party packs of beefless burgers — th

Daily Crunch: Dropbox acquires DocSend for $165M

Dropbox acquires a secure document-sharing startup, Sonos announces a new speaker and Google makes hotel listings free. This is your Daily Crunch for March 9, 2021. The big story: Dropbox acquires DocSend for $165M Dropbox already acquired electronic signature company HelloSign in 2

Audience engagement startup Trufan raises $2.3M

Trufan, a startup selling tools helping marketers analyze their social followings and collect audience data, announced today that it has raised a $2.3 million seed round. Despite raising a relatively small amount of funding ($4.1 million total), Trufan has already made two notable acquisitions. Fir

Proactive CEOs should prioritize European expansion

In 2008, I was moving to London as the global financial crisis slammed the brakes on growth for millions of businesses. Five years earlier, I had been sent to Dublin from headquarters in Mountain View to help manage Google's European expansion, and despite our incredible growth, the macroeconom

In a first for Europe, Passion Capital will crowd-fund part of its new $62M fund from retail investors

Passion Capital, one of the UK's first early-stage VCs, is to crowd-fund the final stage of its latest £45 million fund ($62.5m), Passion Capital Fund III. technewss understands this is the first time retail investors have been invited to become LPs in a VC fund, at least in Europe. Passion s

African payments company Flutterwave raises $170M, now valued at over $1B

The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African payments company Flutterwave announced that it has closed $170 million, valuing the company over $1 billi

Audi’s all-electric Q4 e-tron crossover will have a dynamic AR windshield display

Along with a more spacious cockpit, more storage and some upgraded cupholders, Audi has packed in some serious new tech into its upcoming all-electric Q4 e-tron compact crossover, including an augmented reality head-up display (HUD) that's reactive enough to accurately stick to a driver's r

MobileCoin, a cryptocurrency advised early on by Signal’s Moxie Marlinspike, has raised venture funding

MobileCoin, a cryptocurrency that has received technical guidance from Moxie Marlinspike, the creator of private messaging app Signal, has raised $11.35 million in fresh venture funding across two rounds from Future Ventures and General Catalyst. The round, shared with us by a source familiar with

Former head of the World Resources Institute has a new role leading Bezos’ $10 billion Earth Fund

The $10 billion Bezos Earth Fund has a new chief executive and it’s Andrew Steer, the former head of the World Resources Institute — an organization that Bezos described as “working to alleviate poverty while protecting the natural world.” As the head of the fund, Steer will

Your deal flow is not diverse enough

In light of Women's History Month, we're taking a look at the status of gender diversity in investment portfolios because women remain underrepresented in the field of entrepreneurship. Let's delve into the numbers — and why your deal flow may not be diverse enough. Women entrepreneu

Mercado Libre taps Pachama to monitor and manage its $8 million investment in Latin American rainforest restoration

Mercado Libre, one of the largest e-commerce and financial services company from Latin America by market cap, has selected the startup and Y Combinator alumni Pachama as its strategic partner in developing projects to restore ecosystems in Latin America. The selection of Pachama is part of a progra