Tag Archives: TechCrunch

Micromobility startups Tier and Dott plan to merge to find a path to profitability

After years of exploding growth and massive funding rounds, it’s time for consolidation in the micromobility industry. Tier and Dott, two leading European companies in the space, have announced that they plan to merge. Transaction is expected to close within … Continue reading

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App economy recovered in 2023, with $171B in consumer spending, but downloads were flat

After the app economy slowed for the first time ever in 2022, things picked up pace again over the past year. According to app intelligence provider data.ai’s annual “State of Mobile” report, out today, consumer spending on apps saw a … Continue reading

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Seedstars Africa Ventures gets $30M backing from EIB Global to invest in early-stage startups

Seedstars Africa Ventures has received a $30 million capital commitment from EIB Global, an arm of the European Investment Bank, which becomes the first major institutional investment for its first Pan-African venture capital fund. The new commitment follows a $8 … Continue reading

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Match Group promotes Faye Iosotaluno to Tinder CEO

Dating app behemoth Match Group has named Faye Iosotaluno as the new Tinder CEO, two years after the previous CEO Renate Nyborg left the company in August 2022. During that time, Match Group CEO Bernard Kim held the position. Iosotaluno … Continue reading

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Crypto apps Binance, Kraken, KuCoin disappear from Apple’s App Store in India

Apps of as many as eight crypto exchanges including Binance, Kraken, Mexc and Kucoin have disappeared from Apple’s App Store in India, less than two weeks after the firms were flagged for operating “illegally” in the country. Financial Intelligence Unit, … Continue reading

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Keith Rabois dishes on his surprising return to Khosla Ventures, after leaving the firm in 2019 for Founders Fund

Earlier today, Forbes reported that renowned venture capitalist, operator and entrepreneur Keith Rabois is returning to Khosla Ventures (“KV”), the Silicon Valley outfit where he cut his teeth as a full-time VC before joining Founders Fund (“FF”), where in 2019 … Continue reading

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What happens to Carta now?

If a noticeable chunk of Carta startup and venture customers do leave, it would hurt the company’s otherwise impressive revenue figures, but that seems unlikely to happen. © 2023 TechCrunch. All rights reserved. For personal use only.

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Treasure Financial lays off staff just months after reporting ‘explosive growth’

Treasure Financial has laid off 14 employees, the fintech startup confirmed to TechCrunch today. The layoffs took place in December. The move affected some 60% to 70% of the company, according to multiple sources familiar with internal operations.  Sam Strasser, … Continue reading

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Stairs are no obstacle for this delivery bot’s squishy wheels

One of the easiest shots to take at the delivery bots some of us see trundling around techy cities is that they can’t climb stairs, curbs, or any other minor obstacle that even a slug could handle. Mobinn, a new … Continue reading

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Quora raised $75M from a16z to grow Poe, its AI chat bot platform

Quora is back at it, raising funding for the first time in nearly seven years. The questions and answers website nabbed $75 million from Andreessen Horowitz (a16z), which will be used to power the growth of Poe, Quora’s AI chat … Continue reading

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