Revelio Labs, a startup developing analytics software for HR teams, today announced that it raised $15 million in a Series A round with participation from Elephant Partners, Alumni Ventures, BDMI, K20 Ventures, Techstars and Barclays. Bringing the company’s total raised to $19 million, the proceeds will be put toward expanding Revelio’s offerings for corporate HR … Read more
Yonaton Aronoff Contributor Share on Twitter Yonaton Aronoff is a partner at litigation and employment law firm Harris St. Laurent & Wechsler in New York City. The early months of a startup are like the beginning of a new romantic relationship: full of promise and excitement, with everyone entranced in a blissful state of possibility. … Read more
Techstars, a network of startup accelerators and an investment company, is launching a new accelerator in Paris called Techstars Sustainability Paris. This isn’t the first time that Techstars is running an accelerator in France as the company originally launched Techstars Paris in 2017. With this sustainability-focused accelerator, Techstars is hitting the reboot button. Going forward, … Read more
Online shopping and speedy delivery through services like Instacart and Amazon Prime are the height of modern conveniences, but for many consumers who care about sustainability and e-commerce’s impact on the environment, every box and plastic bag deposited on their doorstep is also accompanied by a feeling of guilt. If only there was a better … Read more
Oort, an identity threat detection and response platform, today announced that it raised $11.5 million in a Series A round co-led by .406 Ventures and Energy Impact Partners with participation from Cisco Investments. The proceeds, which bring Oort’s total capital raised to $15 million, will be put toward supporting its go-to-market strategy, CEO Matt Caulfield … Read more
In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million at triple its previous valuation ($4.3 billion), opted for all debt in its latest funding round. The company today announced that it secured $401 million in convertible notes from Owl Rock with … Read more
Gather AI, a startup using drones to inventory items in warehouses, today announced that it raised $10 million in a Series A round led by Tribeca Venture Partners with participation from Xplorer Capital, Dundee Venture Capital, Expa, Bling Capital, XRC Labs and 99 Tartans. The proceeds bring the company’s total raised to $17 million, which … Read more
Uber is getting back into the robotaxi game, only this time it’s tapping a third party to handle the self-driving tech. Motional, the Aptiv-Hyundai joint venture commercializing self-driving vehicle tech, will put its robotaxis on the Uber network later this year as part of a 10-year operating agreement that will eventually roll out to major … Read more
The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potential competition concerns, and plans to launch a full-scale investigation into the deal. The $7.3 billion transaction, comprising a mix of cash, equity, and debt, was first announced last November, … Read more
Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows. Seventy-four percent of supply chain companies made changes to their networks within the past two years, according to Gartner. And in an IBM survey, 40% of executives stressed the need for spare capacity to weather … Read more
Hardware season is in full force, and now is Google’s time to shine. The company got in the habit of showing its hand months in advance, and we’ve already gotten a reasonably good look at the two headliners. First up is the latest addition to the Pixel smartwatch line. Look for the Pixel 7 and … Read more
Uber’s former head of security has been found guilty of criminal obstruction for attempting cover up a data breach that saw tens of millions of customer and driver records stolen. A federal jury in San Francisco convicted Joseph Sullivan, Uber’s former chief security officer (CSO), of obstructing justice and concealing knowledge that a federal felony … Read more
Twitter is now rolling out a new feature that lets users post images, videos, and GIFs in a single tweet. Until now, the platform only allowed users to include only one type of media format in a post, for example, multiple images. While you can see mixed media tweets on all platforms, currently you can … Read more
Microsoft has held conversations to invest in the Indian play-to-earn gaming platform Zupee in recent weeks and proposed to potentially lead a funding round of over $100 million, two people familiar with the matter told TechCrunch, the latest in a series of bets from the cloud services giant to expand its business in the key … Read more
Lightdash, an open source business intelligence (BI) platform that’s setting out to challenge proprietary incumbents such as Looker, is officially launching its core commercial product to the public today backed by $8.4 million in funding. The seed round was led by Accel, with participation from Moonfire, Y Combinator (YC), Snyk founder Guy Podjarny, and Gitlab … Read more
In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation employees in the country, totaling about 17.1 million people, according to OECD data. To help meet SMEs’ financial needs in the country, Seoul-based fintech … Read more
Halo Car, a Las Vegas-based startup that combines teleoperations and car sharing, said it will remove the human safety operator from behind the wheel later this year — the last hurdle before its commercial launch. The milestone would mean Halo Car will use humans to remotely control vehicles through public streets and deliver them to … Read more
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Wednesday! Haje is enjoying a well-deserved day off, but I’m here to dive into some news with you. Let’s join hands and jump in at the same time, shall we? — … Read more
SpaceX successfully launched another batch of astronauts to the International Space Station Wednesday, part of an ongoing astronaut transportation contract with NASA. Like the company’s seven other human spaceflight missions, it was completely routine — and that’s what made it so remarkable. The Crew-5 mission (so named because it’s SpaceX’s fifth crewed mission with NASA’s … Read more
Tools helping China’s netizens to bypass the Great Firewall appear to be facing a fresh round of crackdowns in the run-up to the country’s quinquennial party congress that will see a top leadership reshuffle. Greater censorship is not at all uncommon during countries’ politically sensitive periods, but the stress facing censorship circumvention tools in China … Read more
On paper, the federal government looks like an ideal customer for an enterprise startup: Its seemingly endless budget doesn’t fluctuate with market conditions and it’s always in the market for new tech. But it’s a slog to break into, and for a long time, startups and VCs didn’t seem to want to associate with it. … Read more
Space-based advertising has been on the minds of every marketer on the planet since the Apollo era, yet no one has made it happen. A new study suggests that a billboard-like constellation of about 50 satellites, costing $65 million all in, could shine ads to every corner of the Earth for months — and potentially … Read more
In a new letter filed with Delaware’s Court of Chancery, Judge Kathaleen McCormick says it’s still game on — for now at least. In the letter, sent a day after news broke that Elon Musk would seek to seal the deal with Twitter under the original terms, Judge McCormick is weighing in with an important … Read more
Not to be outdone by Meta’s Make-A-Video, Google today detailed its work on Imagen Video, an AI system that can generate video clips given a text prompt (e.g. “a teddy bear washing dishes”). While the results aren’t perfect — the looping clips the system generates tend to have artifacts and noise — Google claims that … Read more
Climate change and geopolitical instability are wreaking havoc on agriculture. To gauge how VCs are responding to these issues, we spoke with seven investors. For starters, rising greenhouse gas emissions are driving punishing droughts and storms, which are harming crops, exacerbating food insecurity and threatening countless livelihoods. At the same time, Russia’s invasion of Ukraine … Read more
Grubhub and Gopuff are partnering to provide fast delivery of grocery items, alcohol and essential items. The new partnership will see the Chicago-based food delivery platform tap into Gopuff’s warehouses to deliver a wider selection of convenience items to its customers, while also opening up a new channel for Gopuff to reach more customers. The … Read more
A world-class tech conference like TechCrunch Disrupt — coming to you live and in person in San Francisco on October 18-20 — doesn’t just happen. It’s an all-hands-on-deck situation, and we want to direct your attention to an essential group of deck hands — our partners. Building a startup is no easy task — not … Read more
One of the biggest games of the year is off to a rocky start, to say the least. Overwatch 2 — the follow-up to 2016’s colorful multiplayer shooter — is cut from the same cloth, extending the life of Blizzard’s mega hit without reinventing the wheel outright. But ever since Overwatch 2 went live on … Read more
Elon Musk has his fingers in a lot of pies. He’s CEO of automaker Tesla and rocket company SpaceX. He also founded tunnel construction firm the Boring Company and co-founded Neuralink, a brain implant startup. Now it looks like Musk will spearhead the effort to take Twitter private and potentially roll it into an “everything … Read more
NBCUniversal CEO Jeff Shell revealed in a CNBC interview that Peacock added more than 2 million paid subscribers in the third quarter, bringing the total to over 15 million. The recent growth shows the streaming service is recovering from its slowdown at the end of the second quarter when Peacock stalled at 13 million paid … Read more