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Until now General Catalyst has been better known as a U.S. VC that makes occasional forays into European territory. But that changes with the news today that Chris Bischoff, an experienced London-based investor, joins as managing director of its new London office. Bischoff brings with him an extens

Meet Cajoo, a new French startup that has raised a $7.3 million (€6 million) funding round. The company wants to make it easier to order groceries from your phone and receive them 15 minutes later. It is launching in Paris today. “I left Bolt around mid-August and I'm launching a company wi

While China bans cryptocurrency exchanges and initial coin offerings, the government is set to leverage the underpinning technology — often without the decentralized part. Blockchain, for instance, could help track the shipment of luxury goods and authenticate court evidence. In the process o

Storyblok, a “headless” CMS for developers and marketers to deliver content, has raised an $8.5 million Series A funding round led by Mubadala Capital, alongside existing Storyblok investors firstminute capital and 3VC. The Austria-founded company's platform counts Pizza Hut, Adidas

Mobile Premier League (MPL) has raised $95 million in a new financing round, just five months after it secured $90 million as the two-and-a-half-year-old Bangalore-based esports and gaming platform looks to grow in international markets. The new $95 million round, a Series D, was led by Composite C

GajiGesa, a fintech company that offers Earned Wage Access (EWA) and other services for workers in Indonesia, has raised $2.5 million in seed funding. The round was co-led by Defy.vc and Quest Ventures. Other participants included GK Plug and Play, Next Billion Ventures, Alto Partners Multi-Family

Grab, the Southeast Asian ride-hailing and on-demand delivery giant, announced a program to increase access to COVID-19 vaccinations today. Its goal is to have all of its employees, as well as driver and delivery partners, vaccinated by 2022 (excluding people who are medically unable to receive sho

Remote video podcasting is surprisingly still something of a Wild West these days. Given the massive sums of money currently being pumped into the category — not to mention the fact that pretty much all podcasting became remote podcasting in 2020 — you'd expect there to be a more un

TikTok announces additional steps to fight misinformation, Myanmar’s military cracks down on Facebook and Google’s subsea cable goes online. This is your Daily Crunch for February 3, 2021. The big story: TikTok will downrank ‘unsubstantiated’ claims TikTok ha

Spotify again signaled its interest in developing new ways to monetize its investments in podcasts. In the company’s fourth-quarter earnings, chief executive Daniel Ek suggested the streaming media company foresees a future where there will be multiple business models for podcasts, including,

The California Supreme Court today shot down the lawsuit filed by a group of rideshare drivers in California and the Service Employees International Union that alleged Proposition 22 violates the state’s constitution. “We are disappointed in the Supreme Court's decision not to hear

Myanmar’s new military government has ordered local telecom firms to temporarily block Facebook until February 7 midnight, days after the military seized power in the Southeast Asian nation in a military coup. Several users on Myanmar subreddit reported moments ago that Facebook was already i

Today, Andreessen Horowitz founder Marc Andreessen announced that social media product veteran Sriram Krishnan will be joining the firm as their latest general partner. Krishnan, whose previous roles include stints at Snap, Facebook and Twitter, has gained a higher profile in recent weeks from his

The idea of a virtual concert tour might seem tailor-made for the pandemic, but musician Todd Rundgren said he’s actually been thinking about something like this for years. Rundgren told me that he’d become frustrated with our “collapsing” air travel system — exacerbated b