Amazon’s second-gen Echo Auto get smaller and adds roadside assistance

Amazon released Wednesday the second-generation version of Echo Auto, a smaller and slicker device aimed to broaden the e-commerce giant’s reach by bringing its Alexa voice assistant into more vehicles. Echo Auto, which first came to market in 2018, connects to a vehicle’s infotainment system to bring the Alexa assistant into the vehicle. A driver … Read more

Amazon’s Ring announces plan to use a robot for security patrols alongside new home security devices

Alongside news of new Alexa devices, Amazon today unveiled a refresh of its Ring lineup including new cameras, alarms and more. The flagship addition for consumers is a new “pro-tier” security camera joining Ring’s radar-powered lineup, the Spotlight Cam Pro. However, the more interesting (or creepy?) news is Amazon’s plan to integrate its Ring Virtual … Read more

Lionsgate to spin off studio biz, announces new ‘Lionsgate+’ brand for international streaming

In May, Lionsgate announced that it planned to spin off Starz. According to an SEC filing today, the company is switching focus on spinning out its studio business from Starz instead of the other way around. The SEC filing states, “[Lionsgate] remains on a path to separating our Starz and studio businesses. As negotiations progress, we … Read more

Iranian tech activists detail how tech industry could unlock Internet access to aid anti-regime protests

While Iranians struggle to access the Internet as civil protests continue to grow against the regime, TechCrunch has spoken to a tech entrepreneur inside the country to get a picture of how a small group of activists is working to get internet access working again inside the country after it was debilitated by the government, … Read more

What are the new must-hit startup metrics?

As we close out the third quarter and look ahead to Q3 venture capital results (early work here, here, and here), I am curious about present-day targets for startups at different stages. What does a startup need to have done — and what does it need to forecast — to raise a Series A today? … Read more

Dear Sophie: Is it OK to use a visitor visa while holding an H-1B?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: My … Read more

Solana developer platform Coral raises $20M led by FTX, Jump Crypto to build web3’s iPhone

Developers are a huge catalyst for growth in the competitive world of layer-one blockchains. Where the devs go, they build out applications and robust ecosystems, and user activity and interest tends to follow. Coral has been instrumental in building out dev tools for the Solana blockchain ecosystem. The startup created Anchor, which it says is … Read more

EQT acquires Billtrust, a company automating the invoice-to-cash process, for $1.7B

Billtrust, a company developing a platform to automate the invoice-to-cash process, today announced that it agreed to be acquired by EQT, the Sweden-based private equity firm, for $1.7 billion in an all-cash deal. Approved by Billtrust’s board of directors, the transaction is expected to close in Q1 2023 subject to the green light from Billtrust’s … Read more

Invisible AI raises $15M to stick worker-monitoring cameras in factories

The rise of so-called “smart factory” technologies is leading to a race to modernize manufacturing plant and warehouse floors. Old equipment is being replaced by newer, more advanced machinery as manufacturers look to keep pace with the competition — and wrestle with high turnover rates. According to a survey by Plex Systems, 50% of manufacturers … Read more

Building startups in public has an end date

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, Natasha asked: How does the “build in public” mindset impact the … Read more

The unbearable lightness of being asset-light

Daniel Hoffer Contributor Share on Twitter Daniel Hoffer is the managing director of Autotech Ventures. He leads investments in B2C and B2B startups with a focus on marketplaces, SaaS, and logistics. Commerce is as old as humanity, and yet innovation in how to build better and more efficient companies not only continues, but is accelerating. … Read more

Femtosense raises capital to power the AI inside of consumer electronics

Large AI systems like OpenAI’s GPT-3 might grab headlines, but the practical limitations of power consumption and cost — not capabilities — often determine where AI is deployed. For the most part, highly capable systems are relegated to the cloud because they’re too complex to run on edge devices with weaker hardware and limited connectivity. … Read more

Hofy lands $15M to help companies remotely manage enterprise equipment

In March 2020, Sami Bouremoum and Michael Ginzo, two tech entrepreneurs with a background in consulting (Bouremoum worked for Bain & Company) and software development (Ginzo led product at hiring startup Deel), came together to co-launch Hofy, a company that delivers office equipment to remote hires. It wasn’t long after that Hofy began earning “low-six-figure” … Read more