Day: February 25, 2020

French startup Cityscoot is raising a $25.6 million (€23.6 million) funding round from Allianz France, Demeter as well as existing investors Groupe RATP and Banque des Territoires. The startup is also raising at least $6.5 million (€6 million) in debt in order to finance its service. Cityscoot is a free-floating electric scooter service (moped scooters). […]

Amazon expands its Just Walk Out technology beyond convenience stores, Intuit acquires Credit Karma in its biggest acquisition ever and Grab raises hundreds of millions of dollars. Here’s your Daily Crunch for February 25, 2020. 1. Amazon opens its first cashierless grocery store Amazon is opening its first grocery store to pilot the use of […]

To ward off a hostile takeover bid by Xerox, which is a much smaller company, HP (not to be confused with Hewlett Packard Enterprise, a separate public company) is promising its investors billions and billions of dollars. All investors have to do to get the goods is reject the Xerox deal. In a letter to […]

Recapped. Layoffs. Slowdown. CEO transition. Budget cuts. Downsizing. In spite of a spate of massive startup exits the last few months, culminating in fintech’s shining moment yesterday with Intuit’s $7.1 billion acquisition of Credit Karma, it’s been a tough period for the startup world. Layoffs abound, centered perhaps on SoftBank’s Vision Fund portfolio but hardly […]

A new web browser from Opera launching today aims to help users get their chaotic mess of open tabs back under control. In the latest release of Opera’s desktop browser (codenamed R2020), the company is introducing a new feature called “Workspaces” that allows you to organize your tabs based on different contexts — for example, […]

The night before the Robotics + AI event at UC Berkeley, TechCrunch is hosting a private Pitch Night, featuring innovative startups in robotics and artificial intelligence. After reviewing hundreds of applications, TechCrunch selected the early stage startups below to pitch in front of industry executives, TC writers and our expert panel of judges – Brian […]

Six weeks after we broke the news that cannabis startup Eaze was running out of money, laying off more employees and scrambling to pay its bills and stay afloat as it worked on a pivot to selling its own supply rather than just that of third-party providers, the company has finally closed some funding and […]

App Samurai, a platform to market mobile apps, has closed an investment of $2.4 million in Series A funding, led by 212 Ventures and co-invested by Collective Spark, 500 Startups and Degerhan Usluel. It has now raised a total of $4.6 million, which will be used to develop the mobile advertising group’s product portfolio and […]

This is Part 1 of our ongoing series on virtual worlds, introduced in the article A Multiverse, not the Metaverse. Video games are only getting more popular. Roughly 2.5 billion people around the world played games last year, double the number of players in 2013. Gaming is a $149 billion industry, growing 7% year over […]