Digital pensions platform Penfold raises $8.5M Series A led by Bridford Group

Penfold, a digital pensions platform, has closed a £7m ($8.49m) Series A funding round led by Bridford Group, an investment group. Also participating in the round was Jeremy Coller, Chief Investment Officer and Chairman of Coller Capital. Penfold also raised additional funding via a crowdfund amongst its customer base. The cash will be used to … Read more

After the FBI raid at Mar-a-Lago, online threats quickly turn into real-world violence

Threats of violence reached a fever pitch — reminiscent of the days leading up to the Capitol attack — following the news that the FBI raided Trump’s Florida beach club to retrieve classified documents the former president may have unlawfully taken there. After Trump himself confirmed Monday’s raid at Mar-a-Lago, pro-Trump pundits and politicians rallied … Read more

Roon wants to educate patients with freshly sourced info on their conditions

As individuals try to manage medical information and understand their conditions, many typically turn to Google or WebMD — neither of which does much to verify or provide the latest information. But Roon plans to change this with a medical education platform for vetted information, sourced strictly from doctors, patients, and caregivers. By curating the … Read more

This startup is setting a DALL-E 2-like AI free, consequences be damned

DALL-E 2, OpenAI’s powerful text-to-image AI system, can create photos in the style of cartoonists, 19th century daguerreotypists, stop-motion animators and more. But it has an important, artificial limitation: a filter that prevents it from creating images depicting public figures and content deemed too toxic. Now an open source alternative to DALL-E 2 is on … Read more

TrashBot uses AI to sort recyclables

There are a number of startups working to improve trash sorting with robots. AMP Robotics is near the top of the list, coupling a picker and a conveyor belt to sort materials in large, automated facilities. The technology aims to correct human shortcomings when it comes to recycling. Too often people either don’t bother to … Read more

Hands-on with Lockdown Mode in iOS 16

Lockdown Mode is a new Apple feature you should hope you’ll never need to use. But for those who do, like journalists, politicians, lawyers and human rights defenders, it’s a last line of defense against nation-state spyware designed to punch through an iPhone’s protections. The new security feature was announced earlier this year as an … Read more

The subscription pie is getting bigger: How to leverage usage-based billing

Sanjay Manchanda Contributor Share on Twitter Sanjay Manchanda is CMO of Chargebee. He has helped build a multibillion dollar SaaS business, scale new product businesses and delivered go-to-market and demand-gen strategies at Box and Microsoft. Challenging times for the tech and consumer industries have created a lot of buzz around “subscription fatigue.” The very model … Read more

FWD: fwd: From the CEO: BeCareful while you BeReal!

TO: all-staff@vc-funded-startup.ai FROM: ceo@vc-funded-startup.ai Dear colleagues, I wanted to reach out to you today to talk about the BeReal app (yes, I know what that is — I have teenage kids and a life outside of work, unlike the rest of you, who are working more hours than me and yet aren’t eligible for company dental insurance.) … Read more

Nothing negative about Positive Food’s meal expansion plan after $7M investment

Positive Food Co., providing freshly packaged salads, heat-and-eat prepared meals and vegan overnight oats, raised $7 million in funding as it goes after the $34 billion fresh prepared foods market. In 2018, co-founders Schuyler Deerman and James Chan started selling healthy meals at WeWork offices around Los Angeles out of giant Yeti coolers, standing around … Read more

Wire grabs fresh funding for secure messaging tech that’s big with G7 governments

More funding for European end-to-end encrypted messaging app, Wire: The enterprise-focused messaging platform told TechCrunch it’s closed a €24 million Series C round of funding led by growth equity firm Cipio Partners and Iconical, the investment vehicle of Skype co-founder Janus Friis. Existing investor UVC Partners also participating, among other returning backers. The messaging tool … Read more

Instacart’s latest feature lets you order from two retailers with one delivery fee

Instacart announced today that it’s launching a new “OrderUp” feature that lets users add items from additional retailers to their original grocery order without having to pay an extra delivery fee. The company says the new feature gives users a way to complete their weekly shopping in one delivery trip, whether they’re looking to purchase … Read more

Felicis, Lux Capital and Upfront Ventures tackle TAM at Disrupt

Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech products turned out to be more recession-resistant than expected. What’s more, tech companies grew faster than previously anticipated. Those conditions combined to make TAM feel … Read more

Identifying underserved market segments with Ethena and Homebrew on TechCrunch Live

No one likes compliance training, but Ethena aims to improve the experience for everyone involved. Join Ethena’s CEO Roxanne Petraeus and Homebrew’s Hunter Walk on this TechCrunch Live event to hear the strategies used to tackle and grow in underserved market segments. This TechCrunch Live event opens on August 17 at 11:30 a.m. PDT/2:30 p.m. … Read more

So, when is the SoftBank Execution Fund III dropping?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex, Natasha and Mary Ann worked with Grace to record yet another weekly round up on all the tech news that may have flown past your radar. Or bumped into it so hard that you’re still … Read more

India seizes $46 million from crypto exchange Vauld in money-laundering probe

India’s anti-money laundering agency has frozen assets worth $46.4 million from the local entity of Vauld for facilitating “crime-derived” proceeds from predatory lending firms in the latest headache for the crypto exchange that filed for protection from creditors last month. Flipvolt Technologies, the India registered entity of Singapore-headquartered Vauld, was used to deposit 3.7 billion … Read more

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