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Enhance
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While SoftBank continues to make big bets on startups out of its $100-billion Vision Fund, it has also launched another vehicle to invest in tech opportunities specifically in Latin America. Today the group announced the SoftBank Innovation Fund, which is starting out with a $2 billion commitment to invest in tech startups in Central and […]
Well that didn’t take long. Despite warning loudly and publicly that incoming changes to private hire vehicle (VTC) rules in Catalonia would drive it out of Barcelona for good, and force it to fire thousands of drivers, Spanish ride-hailing firm Cabify has announced it’s back operating in the city from today — a month after […]
Playfair Capital, the U.K. seed investor, has raised a new $32 million fund to continue investing in promising early-stage tech startups. The VC firm, founded in 2013 by Federico Pirzio-Biroli, who is fund II’s sole LP, is an early investor in the likes of Stripe, Ravelin, Thought Machine, CryptoFacilities and Mapillary. Pirzio-Biroli recently re-located to […]
Money talks in the startup community, especially when SoftBank comes knocking with the megabucks of its Vision Fund. Despite the public outcry around the firm’s dependence on money from Saudi Arabia in the wake of that country’s assassination of Washington Post journalist Jamal Khashoggi, deal flow for SoftBank’s Vision Fund appears to be back to […]
Tesla is rolling out a third-generation Supercharger that is designed to dramatically cut charging times for its electric vehicles as it seeks to keep its edge over new competitors. The V3 Supercharger, which was unveiled Wednesday at the company’s Fremont, Calif. factory, supports a peak rate of up to 250 kilowatts on the long-range version […]
Hot on the heels of raising $114 million in Series D funding, Raisin, the pan-European fintech marketplace for savings and investment products, has acquired MHB Bank of Frankfurt, its main provider of banking services in Germany. Terms of the acquisition remain undisclosed and the deal is still subject to regulatory approval. However, the move signals […]
Taxify, the ride-hailing company from Estonia backed by Didi and Daimler and now active in 30 countries, is making a key shift in its business today as it gears up for its next stage of growth. The company is removing “taxi” from its name and rebranding as Bolt, the same name that it has been […]
Amazon today is launching a new feature called “Song ID” that aims to help users discover music they like, using Alexa. When enabled, Alexa will announce the title and the artist name before playing each song while you’re listening to a radio station, playlist or new release on Amazon Music over your smart speaker. The […]
TechCrunch is elevating networking to a whole new level at TechCrunch Sessions: Robotics + AI, which takes place at UC Berkeley’s Zellerbach Hall on April 18. This day-long event features discussions, demos and workshops with some of the leading minds in these fields. With more than 1,000 attendees in the house, a tool that simplifies […]
Homeland Security could do more to protect election infrastructure ahead, according to a new report by the department’s watchdog. The report from the inspector general, out Wednesday, said progress had been made but Homeland Security, the department charged with protecting elections and the back-end voting machine infrastructure, still “does not have dedicated staff” focused on […]
