Long concerned about climate change, VC Steve Westly is feeling electrified
A former CFO of the state of California, Steve Westly is passionate about government. The onetime eBay exec and early Tesla board member has also been a proponent of clean energy for roughly 30 years, so he's feeling optimistic right now, with former U.S. VP Joe Biden amassing a growing number
Extra Crunch roundup: B2B marketplaces, edtech M&A, breaking into the $1M ARR club
I’ve worked at technewss for a little over a year, but this was one of the hardest weeks on the job so far.
Like many people, I’ve been distracted in recent days. As I write this, I have one eye on my keyboard and another on a TV that sporadically broadcasts election results from battl
Daily Crunch: Netflix tests a linear video channel
Netflix takes an old-fashioned approach for its latest feature, Amazon plans a new data center in India and we review the PlayStation 5. This is your Daily Crunch for November 6, 2020.
The big story: Netflix tests a linear video channel
Today in surprising product strategies: Netfli
Startups making meat alternatives are gaining traction worldwide
Startups that produce lab-grown meat and meat substitutes are gaining traction and raising cash in global markets, mirroring a surge of support food tech companies are seeing in the United States.
New partnerships with global chains like McDonald’s in Hong Kong, the launch of test kitchens in
Provizio closes $6.2M seed round for its car safety platform using sensors and AI
Provizio, a combination hardware and software startup with technology to improve car safety, has closed a seed investment round of $6.2million. Investors include Bobby Hambrick (the founder of Autonomous Stuff); the founders of Movidius; the European Innovation Council (EIC); ACT Venture Capital.
T
Europe urges e-commerce platforms to share data in fight against coronavirus scams
European lawmakers are pressing major e-commerce and media platforms to share more data with each other as a tool to fight rogue traders who are targeting consumers with coronavirus scams.
After the pandemic spread to the West, internet platforms were flooded with local ads for PPE of unknown and/o
Funded by Connect Ventures, Purple Dot plans to take on Klarna-style purchase debt
In recent times startups have appeared offering credit at an e-commerce basket checkout so that a customer can buy a product without needing to pay right away. Klarna or Clearpay are the two most notable in this field. But what if you flipped the model around so that consumers could buy the item at
French startups can apply to the Next40 and French Tech 120
Last year, the French government and the government-backed initiative La French Tech unveiled an index of French startups so that it would be easier to identify them. The 40 top-performing startups get the label Next40, and the top 120 startups are grouped into the French Tech 120 — it's a pl
Chinese autonomous vehicle startup Pony.ai hits $5.3 billion valuation
Pony.ai, the Chinese autonomous vehicle startup and relative newcomer to the industry, is now valued at $5.3 billion following a fresh injection of $267 million in funding.
The round was led by TIP, an innovation fund within the Ontario Teachers’ Pension Plan Board that focuses on late-stage
Slintel grabs $4.2M seed to grow sales intelligence platform
As the pandemic rages on, companies are looking for an edge when it comes to sales. Having the right data about the customers most likely to convert can be a huge boost right now. Slintel, an early-stage startup building a sales intelligence tool, announced a $4.2 million seed round today.
The inve
Review: Sony’s PlayStation 5 is here, but next-generation gaming is still on its way
The new generation of consoles is both a hard and an easy sell. With a big bump to specs and broad backwards compatibility, both the PlayStation 5 and Xbox Series X are certainly the consoles anyone should buy going forward. But with nearly no launch content or must-have features, they also fail to
Netflix tests a programmed linear TV and movie channel in France
Netflix is testing out a programmed linear content channel, similar to what you get with standard broadcast and cable TV, for the first time (via Variety). The streaming company will still be streaming said channel — it’ll be accessed via Netflix’s browser-based website — an
Challenger bank Starling is out raising a new £200M funding round
Starling founder Anne Boden recently told technewss that the U.K. challenger bank is on track to be profitable by Christmas, but this doesn’t mean it isn’t out raising additional capital already.
According to well-placed sources, Starling has hired Rothschild with the aim of raising a
Amazon to invest $2.8 billion to build its second data center region in India
Amazon will invest about $2.8 billion in Telangana to set up a new AWS Cloud region in the southern state of India, a top Indian politician announced on Friday.
The investment will allow Amazon to launch an AWS Cloud region in Hyderabad by mid-2022, said K. T. Rama Rao, Minister for Information Tec