Volkswagen Commercial Vehicles, a standalone VW brand responsible for the development and sales of light commercial vehicles, and Argo AI, an autonomous driving technology company, unveiled the first version of the ID Buzz AD (Autonomous Driving) on Sunday. The two companies shared plans to test and commercially scale the jointly developed, fully-electric self-driving van over […]
Monthly Archives: September 2021
Food sharing app OLIO raises $43M Series B, as the world switches on to the food waste crisis
It was curious enough that OLIO, a UK startup with an app that lets users post a photo of unwanted food and share it with the local neighborhood, picked up $6 million in Series A funding back in 2018. Many outside observers wondered what was going on with this simple app, which looked on first […]
Quantum Machines plans to expand quantum orchestration platform with $50M investment
Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today. Today’s round was led by Red Dot Capital Partners with help from Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management, LP, as well as TLV Partners, […]
Gamestry gets $5M to give games video creators a sweeter deal
Barcelona-based gaming video platform Gamestry has snatched up $5 million in seed funding, led by Goodwater Capital, Target Global and Kibo Ventures — turning investors’ heads with a 175x growth rate over the past 12 months. While the (for now) Spanish-language gaming video platform launched a few years back, in 2018, last year the founders […]
The time Animoto almost brought AWS to its knees
Today, Amazon Web Services is a mainstay in the cloud infrastructure services market, a $60 billion juggernaut of a business. But in 2008, it was still new, working to keep its head above water and handle growing demand for its cloud servers. In fact, 15 years ago last week, the company launched Amazon EC2 in […]
China roundup: Beijing wants tech giants to shoulder more social responsibilities
Hello and welcome back to TechCrunch’s China roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. This week, the gaming industry again became a target of Beijing, which imposed arguably the world’s strictest limits on underage players. On the other hand, China’s […]
Why ransomware hackers love a holiday weekend
Enlarge / Gah, don’t you miss unstressed travel? Klaus Vedfelt / Getty Images reader comments 7 with 7 posters participating Share this story On the Friday heading into Memorial Day weekend this year, it was meat processing giant JBS. On the Friday before the Fourth of July, it was IT management software company Kaseya and, […]
Apple’s dangerous path
Hello friends, and welcome back to Week in Review. Last week, we dove into the truly bizarre machinations of the NFT market. This week, we’re talking about something that’s a little bit more impactful on the current state of the web — Apple’s NeuralHash kerfuffle. If you’re reading this on the TechCrunch site, you can […]
What 377 Y Combinator pitches will teach you about startups
Along with a cadre of other TechCrunch folks, I spent this week extremely focused on one event: Y Combinator. The elite accelerator announced a staggering 377 startups as its Summer 2021 cohort. We covered every single on-the-record startup that presented and plucked out some favorites: There’s something quite earnest and magical about spending literally hours […]
This Week in Apps: Another App Store settlement, Apple asks to personalize ads, Twitter launches Super Follows
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. […]