Berlin’s Remagine secures $24M to finance high-growth and impact-led startups

Remagine, a financing platform offering banking services to high-growth companies with an 'impact' twist, has raised €20 million ($24M) in a Seed funding round. The Berlin-based startup has been operating in stealth mode, but already has 20 clients under its former brand name ‘Get C

Facebook News launches in the UK, the first international market for its curated news portal

As the United Kingdom prepares to sharpen its focus on how it regulates big tech companies, Facebook is taking a big step up in the role it plays in presenting media to the U.K. public, and into how it works with the country’s media industry. Today it is launching Facebook News in the U.K., F

Facebook will give academic researchers access to 2020 election ad targeting data

Starting next month, Facebook will open up academic access to a dataset of 1.3 million political and social issue ads, including those that ran between August 3 and November 3, 2020 — Election Day in the U.S. Facebook’s Ad Library, launched in 2019, offers a searchable database of all ads r

Chamath Palihapitiya’s SPAC for Sunlight Financial is another sign of a renewables boom

Former Facebook employee and current enfant terrible of high finance Chamath Palihapitiya is making news again with a $1.3 billion twofer SPAC and PIPE deal into the solar energy financing company, Sunlight Financial. Sunlight Financial is essentially a lending company that gives solar installers a

Hear leading voices discuss workplace organizing in tech at TC Sessions: Justice on March 3

In a year defined by economic and civil unrest, it should come as little surprise that workplace organizing has been on the upswing. The COVID-19 pandemic in particular (coupled with the ever-present effects of late capitalism) has brought long-standing questions of employment stability and safety

As it hits $100 million run rate, The Pill Club adds former Uber exec Liz Meyerdirk as CEO

Liz Meyerdirk made a name for herself at Uber as the senior director and global head of business development for the company’s Uber Eats business and she’s now turning her attention to women’s health as the new chief executive of The Pill Club. The move comes at a perilous time fo

8 investors tell us the story behind the Romanian startup boom

With record funding levels and three unicorns to show, local investors are buoyant about Romania’s prospects heading into 2021. We caught up with eight of them recently, and heard how the country’s technical talent pool, broadband access and low cost of living have positioned it for the

Work trips are making a $5 billion comeback

Would you bet millions of dollars on a corporate travel comeback? Doesn't matter. Andreessen Horowitz, Addition and Elad Gil are anyways. This week, the trio led a nine-figure financing round in TripActions, a software company that helps other companies book and manage corporate travel. But the

Daily Crunch: Alphabet shuts down Loon

Alphabet pulls the plug on its internet balloon company, Apple is reportedly developing a new MacBook Air and Google threatens to pull out of Australia. This is your Daily Crunch for January 22, 2021. The big story: Alphabet shuts down Loon Alphabet announced that it’s shuttin

Backed by Vint Cerf, Emortal wants to protect your digital legacy from ‘bit-rot’

We are all pumping out data into the cloud. Some of it we’d like to keep forever. Emortal is a startup that wants to help you organize, protect, preserve and pass on your “digital legacy” and protect it from becoming unreadable, otherwise known as “bit-rot.” The projec

Judge denies Parler’s bid to make Amazon restore service

A federal judge has denied an attempt by conservative social network Parler to force Amazon to host it on AWS. As expected by most who read Parler’s ramshackle legal arguments, the court found nothing in the lawsuit that could justify intervention, only “faint and factually inaccurate s

The FCC has a new acting chairwoman in Jessica Rosenworcel

The Biden administration has officially appointed Commissioner Jessica Rosenworcel acting FCC chairwoman, and she very well may be the first woman to hold the official position if she is nominated for it later this year, as many expect. With her record of standing for equal access, industry account

Omnipresent raises $15.8M Series A for its platform to employ remote-workers globally

Omnipresent, which helps companies employ remote-working local teams worldwide, has closed a $15.8 million Series A funding round. The fundraise was led by an undisclosed investor with participation from existing investors, Episode 1, Playfair Capital and Truesight Ventures. The company said it clo

Instacart is eliminating nearly 2,000 jobs

Instacart plans to lay off nearly 2,000 of its workers, including the 10 workers from the Kroger-owned Mariano’s who unionized early last year, Vice reports. These workers are responsible for in-store shopping and packing of groceries. According to Vice, 10 of the workers affected unionized w