TechCrunch

2019-12-11 02:10    2019-12-11 02:53

Carsome raises $50M for its used-car sales platform in Southeast Asia

Carsome, a Malaysia-based marketplace for trading users cars, has closed a new $50 million financing round to fend off its rivals and grow its business in Southeast Asian markets. The new financing round, dubbed Series C, was funded by MUFG Innovation Partners (MUIP),

Ada Ventures launches with a $34M fund aimed at super-charging diverse global founders

According to Atomico’s recent “State of European Tech, 2019” – widely considered by the European tech industry to be a reliable annual study – at present, 92 in every 100 dollars invested in Europe goes to all-male teams, 83% founders are white, 82% are university educated, in the UK,

D-Wave partners with NEC to build hybrid HPC and quantum apps

D-Wave Systems announced a partnership with Japanese industrial giant NEC today to build what they call “hybrid apps and services” that work on a combination of NEC high-performance computers and D-Wave’s quantum systems.

The $100M ARR club

Hello and welcome to a lightweight series I’m writing while I recapture my footing at TechCrunch. It’s lovely to be back, and I’m excited to chat about what’s going on with private companies, public markets and the space between the two. I wonder what the average revenue (trailing,

Apple’s new parental controls can limit who kids can call, text and FaceTime and when

An update to Apple’s iOS operating system, out today, will give parents a new set of tools to fight back against kids’ iPhone addiction. With the release of iOS 13.3, parents will for the first time be able to set limits over who kids can talk to and text with during certain hours of the […]

Zetwerk, an 18-month-old Indian B2B marketplace for manufacturing items, raises $32M

Zetwerk, an Indian business-to-business marketplace for manufacturing items, has closed a significantly large financing round as it scales its operations in the nation and also helps local businesses find customers overseas.

Daily Crunch: Away’s CEO is stepping down

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1.

An iOS bug in AirDrop let anyone temporarily lock-up nearby iPhones

Apple has fixed a bug in iOS 13.3, out today, which let anyone temporarily lock users out of their iPhones and iPads by forcing their devices into an inescapable loop. Kishan Bagaria found a bug in AirDrop, which lets users share files from one iOS device to another.

Is your startup protected against insider threats?

We’ve talked about securing your startup, the need to understand phishing risks?and how not to handle a data breach. But we haven’t yet discussed one of the more damaging threats that all businesses large and small face: the insider threat.

Microsoft announces public preview of Microsoft Teams for Linux

Today, Microsoft announced a public preview of Microsoft Teams for Linux, the first Office 365 tool that’s available for the open source operating system. The hope is that by making it available for preview,

‘Plundervolt’ attack breaches chip security with a shock to the system

Today's devices have been secured against innumerable software attacks, but a new exploit called Plundervolt uses distinctly physical means to compromise a chip's security. By fiddling with the actual amount of electricity being fed to the chip,

Facebook’s video calling Portal devices add WhatsApp login, new features and content

Facebook is making its line of Portal-branded smart video calling devices more relevant to consumers, including those who don’t even have a Facebook account. The company today says its Portal family of products will now work with just a WhatsApp account,

Y Combinator will now run its online Startup School multiple times per year

Back in 2017, Y Combinator began offering a 10 week, once-a-year online course called Startup School. Part forum community and part video classroom, the program offers up a variety of lectures on topics like raising money or evaluating startup ideas,

Google Assistant gets a customized alarm, based on weather and time

Alarm clocks were one of the most obvious implementations since the introduction of the smart screen. Devices like Lenovo’s Smart Clock and the Amazon Echo Show 5 have demonstrated some interesting in the bedside display form factor, and Google has worked with the former the refine the experience.

xs:code launches subscription platform to monetize open source projects

Open source is a great source of free tools for developers, but as these projects proliferate, and some gain in popularity, the creators sometimes look for ways to monetize successful ones. The problem is that it’s hard to run a subscription-based,

Passport raises $65 million for mobility data platform

Passport, a mobility management platform, just raised a $65 million Series D round from Rho Capital Partners, H.I.G. Growth Partners and ThornTree Capital Partners. This round brings its total funding to $125 million.

Pear, whose seed-stage bets are followed closely, just raised $160 million for its third fund

Pear, a six-year-old, Palo Alto, Ca.-based seed-stage firm whose bets on nascent startups are closely watched by early stage investors, has closed on $160 million in capital commitments from a wide array of backers, including a previous investor, the University of Chicago.

Why D2C holding companies are here to stay

Digitally-native, vertically-integrated brands pool resources, operational costs and institutional knowledge to accelerate growth and achieve profitability at a faster rate.

Wheels deploys helmet-equipped e-bikes

On the heels of a $50 million funding round in October, Wheels is launching its “smart” helmet system for its pedal-less e-bikes. The helmet, which locks into the rear fender of the bike, features sensors designed to know when a rider is using it. In order to incentivize people to wear the helmets,

Walmart partners with self-driving startup Nuro to test autonomous grocery delivery in Houston

Walmart this morning announced a new pilot program that will test autonomous grocery delivery in the Houston market starting next year. The retailer is partnering with autonomous vehicle company Nuro, a robotics company that uses driverless technology to deliver goods to customers.

Iterable, founded by an ex-Twitter engineer, nabs $60M for cross-channel growth marketing tools

A startup that’s built cross-channel growth marketing platform — used by businesses to capture customers across whatever digital media they happen to be using — is today announcing funding to do some growing of its own. Iterable — which uses email, push and in-app notifications,

Unsplash is building an ad business around branded stock photos

Unsplash has built up a library of 1 million stock photographs, all available to use for free. Now it’s ready to start making money — and to help its photographers earn additional income in the process. Don’t worry: The company isn’t about to start charging for its photos,

On the heels of its next fundraise, cross-border payments upstart Payoneer acquires optile

As the world of digital payments continues to wait and see what kind of impact cryptocurrencies will have on the wider market (if any), consolidation continues apace among those that have built tools for today’s payment needs.

VSCO acquires video editing startup Rylo

Rylo had raised roughly $38 million in VC funding at a $120.25 million valuation.

Apple Card’s interest-free iPhone installment plan goes live, now with 6% back on Apple holiday purc

Apple is today launching a new feature for Apple Card which allows cardholders to purchase a new iPhone then pay it back over 24 months with no interest. The company had already announced its plans for the program during its October earnings call,

Waze adds unplowed road reporting feature for better awareness of winter driving hazards

Crowdsourced navigation app and Google subsidiary Waze is adding new features that allow you to report unplowed roads made more dangerous or inaccessible during snowstorms within the app, and also to see reports posted by other people who have already added their own to the map.

ProducePay nabs $190 million debt financing to lend to farmers

Los Angeles-based ProducePay has inked a $190 million debt facility from Coventure and TCM Capital, to expand its lending business and marketplace for farmers.

Watch live as Blue Origin aims for a booster re-use record with New Shepard launch

Jeff Bezos -founded space company Blue Origin has a launch scheduled for today, with a liftoff window set for 8:30 AM CST (9:30 AM EST/6:30 AM PST). The launch livestream above will begin at around 30 minutes prior to liftoff.

$125 million for Inscripta may usher in the next wave of genetic engineering

In these waning days of the second decade of the twenty-first century, technologists and investors are beginning to lay the foundations for new, truly transformational technologies that have the potential to reshape entire industries and rewrite the rules of human understanding. It may sound lofty,

North ending production of current Focals smart glasses to focus on Focals 2.0

Smart glasses maker North announced today that it will be ending production of its first-generation Focals glasses, which it brought to market for consumers last year. The company says it will instead shift its focus to Focals 2.0, a next-generation version of the product,

Baby food delivery startup Yumi spoon fed another $8 million in strategic funding

Babies have options these days when it comes to what goes in their mouth. No more is it just the standard mush in a jar. Now they’ve got everything from pouches to organic purees delivered right to their parents’ door — and Yumi is one of several startups cashing in.

Investors find a spot for $65 million in Passport’s parking management tech

The big new round of funding for Passport’s ticketing and parking management tech proves that software can even disrupt something as mundane and seemingly low-tech as the parking lot. The startup, which just raised $65 million in new financing from investors is a permitting,

Healthcare-focused venture firms are forming a best practices group for securing health data

Some of the nation’s top healthcare-focused venture capital firms are banding together to form an advisory council with the technology security certification provider, Hitrust, to create best practices for data security for startups developing digital health technologies. The conversations,

Soci raises $12M to help big brands manage local marketing

According to CEO Afif Khoury, we’re in the middle of “the third wave of social” — a shift back to local interactions. And Khoury’s startup Soci (pronounced soh-shee) has raised $12 million in Series C funding to help companies navigate that shift.

India proposes new rules to access its citizens’ data

India has proposed groundbreaking new rules that would require companies to garner consent from citizens in the country before collecting and processing their personal data. But at the same time,

Last chance to save: Late registration to Disrupt Berlin 2019 ends tonight

The countdown status to Disrupt Berlin 2019?stands at T-minus 24 hours. Yep, the doors to prolific opportunity open tomorrow at Arena Berlin. It’s not too late to join thousands of your startup colleagues, but today’s the last day you can save money on the price of admission.

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