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Empower
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Enhance
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The UK government is reportedly looking at a range of options to support the startup industry, possibly involving a co-investment model involving state-owned funds (via the British Business Bank) and private VC funds. Investors have been warning that typically loss-making, early-stage startups are at risk of collapse amid the coronavirus crisis. But the moves come […]
Good morning friends, and welcome back to TechCrunch’s Equity Monday, a short-form audio hit to kickstart your week. Before we jump into today’s show, don’t forget that the long-form Equity that we’ve done for more than three years still drops on Friday. Last week’s was a particular delight, so make sure you’re caught up. Ready? Let’s […]
When Ginni Rometty indicated that she was stepping down as IBM CEO at the end of January, the company announced that Arvind Krishna would be taking over, while Red Hat CEO Jim Whitehurst would become president. To fill his role, Red Hat announced today that long-time executive Paul Cormier has been named president and CEO. […]
Internet of things satellite connectivity startup Myriota has raises a $19.3 million Series B funding round, led by Hostplus and Main Sequence Ventures, with additional funding from Boeing, former Australian PM Malcolm Turnbull, Singtel Innov8 and others. The company has now raised $37 million in Funding, and has four satellites on orbit already, with a […]
Fintech startup Lydia is the dominating mobile payment app in France with most of its 3.3 million users in its home country. That’s why the startup has been working hard over the past ten days to ship a feature that was originally planned for this summer — donations to charities and hospitals. Starting today, Lydia users […]
Uber is resuming some services in India as it looks to help other firms deliver grocery and other essential items in select parts of the country, nearly two weeks after New Delhi ordered a three-week lockdown for its 1.3 billion people. The American firm said on Monday that it has partnered with Flipkart to deliver […]
Indian food delivery startup Swiggy has bagged an additional $43 million as it looks to expand to new businesses. Existing investor Tencent and new players Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets financed the new tranche, which is part of Swiggy’s ongoing Series I round. In February, the Bangalore-based startup […]
The World Health Organization in Africa is holding virtual hackathons and offering up to $20,000 in seed-funds to finalists with digital solutions to stem COVID-19. The regional office of the UN agency completed its first challenge earlier this month and will host a second, for French speaking Africa, in coming weeks, WHO’s Technical Officer Moredeck […]
Pure Harvest Smart Farms, a startup developing technology-enhanced greenhouses for agricultural developments across the Middle East, has received a commitment of up to $100 million from Wafra, Kuwait’s national investment company. The first fruits of that commitment are coming through in the form of a commitment from Wafra to lead Pure Harvest’s $20.6 million Series […]
Yapily, one of a number of fintech startups that offer an opening banking API to let enterprises, such as financial service providers and merchants, connect to banks, has raised $13 million in Series A funding. Leading the round is Lakestar, which is also a backer of fintech unicorn Revolut. Existing investors HV Holtzbrinck Ventures, and […]
