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Tag Archives: TechCrunch
Pretiosum Ventures hits first close on its second fund to back infrastructure startups
London-based Pretiosum Ventures has reached the first close of what TechCrunch understands could eventually be a $20 million second fund. Founded in London in 2019 by Yana Abramova, the solo GP fund invests in ‘infrastructure’ startups, (enterprise SaaS, Fintech, and … Continue reading
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Coupang to ramp up investment in Taiwan after four quarters of profits
Coupang, a South Korea-headquartered e-commerce company, said it will accelerate its investment in Taiwan after four straight quarters of profits. Coupang was the most downloaded app in the second quarter of this year in Taiwan, the company said in an … Continue reading
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Made Renovation promises “tech-enabled” remodels; customers describe “absolute nightmare”
Last year, Jonas Heineman was overseeing a team of commercial project managers as they installed hundreds of electric vehicle charging stations. Heineman’s wife was also pregnant with their first child. Given his busy days and evenings filled with planning for … Continue reading
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Micromax, smartphone sales stalled, eyes a steer into electric vehicles
Micromax Informatics once had a firm grip on the local mobile phone market in India, for a time passing stalwarts like Samsung, icons like Apple and many more to be the biggest handset maker of them all. But a mix … Continue reading
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Zoom knots itself a legal tangle over use of customer data for training AI models
Three years ago Zoom settled with the FTC over a claim of deceptive marketing around security claims, having been accused of overstating the strength of the encryption it offered. Now the videoconferencing platform could be headed for a similar tangle … Continue reading
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Singapore wealth management platform Endowus raises $35M
Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid succession: a Series A in June 2021 followed just seven … Continue reading
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BlueJeans folds
Verizon dropped hundreds on millions on BlueJeans at the height of pandemic lockdowns. Three years and some change later, the lesser-known video-conferencing app is done for, the telecom giant told users today. In a mass email, Verizon wrote that it … Continue reading
WeWork goes from a $47B valuation to ‘substantial doubts’ about its ‘ability to continue as a going concern’
WeWork is struggling to survive in a post-pandemic world. In announcing its earnings today, the flexible space provider said that “substantial doubt exists about the company’s ability to continue as a going concern.” WeWork has faced a number of challenges … Continue reading
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Human toddlers are inspiring new approaches to robot learning
It’s an exciting time for robotic learning. Organizations have spent decades building complex datasets and pioneering different ways to teach systems to perform new tasks. It seems we’re on the cusp of some real breakthroughs when it comes to deploying … Continue reading
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Lyft wants to kill surge pricing
Lyft has been cutting fares in order to secure more riders, and it’s working. Bu that success has come with a (literal) cost. The ride-hail company reported Tuesday during its second quarter 2023 earnings an increase in riders and decrease in … Continue reading