Autonomous vehicle startup Zoox is in talks with Japanese investment firm SoftBank to raise more funding. We’ve confirmed the news, which was first reported by Axios. We’re hearing the discussions are in the early stages and nothing has been finalized, but that SoftBank has been interested in Zoox for a while. The startup is also talking to other unnamed potential investors.… Read More
from TechCrunch
Well, this is quite a coup. Entrepreneur First (EF), the London headquartered company builder that invests in individuals “pre-team, pre-idea” to help create new technology startups, has raised $12.4 million in new funding led by Silicon Valley’s Greylock Partners. Read More
from TechCrunch
Filling out forms online and on mobile can be a tedious and bug-ridden — yet annoyingly necessary — experience. Today, a startup called Typeform has raised a significant round of capital to help fund its mission to change all that, with a platform for third parties to help turn our form frowns upside down.
The startup, based out of Barcelona, is today announced a Series B of $35… Read More
from TechCrunch
Startup funding and exiting activity has been slow over the past few months in the U.S. Fewer companies closed rounds, IPO volumes were light, and not a lot of big M&A deals got done. But that’s to be expected, right? After all, it was summer break. Now that Labor Day’s over and we’re back at our desks, we can expect deal volumes to pick up. That seasonal explanation for… Read More
from TechCrunch
Credit score business Equifax revealed Thursday that 143 million people were compromised in a cyber attack. Social security numbers and other personally identifying information were accessed. And guess what, the stock market didn’t like it! The company lost about $2 billion in market cap Friday after tumbling nearly 14%. Apparently, the company has known about the hack since July 29,… Read More
from TechCrunch
After a pivot and months of speculation about the future of car valet and concierge startup Luxe, the company has finally found a home. Today, automaker Volvo Cars announced that it is acquiring the startup’s platform, technology, key staff and other assets, which it will use to put some fuel into its own digital services strategy. The terms of the acquisition are not being disclosed, but… Read More
from TechCrunch
UrWork, the unicorn that is competing with WeWork in China, is following its American rival’s lead by extending its reach in Southeast Asia after it took part in a $3 million funding round for Indonesia-based ReWork. The round, which is described as pre-Series A, was led by China-U.S. firm ATM Capital and Indonesia’s Convergence Ventures. UrWork was a participant alongside U.S.… Read More
from TechCrunch
Teralytics’s big data analytics platform is targeting government agencies and transport companies wanting to understand complex problems relating to human mobility — from how to relieve transport pressure points to monitoring urban air quality without the need for CO2 sensors. Just plug in telecos’ data to play… Read More
from TechCrunch
India-based OYO, a startup that pioneered and popularized the concept of budget hotel networks, has closed $250 million in new funding led by SoftBank’s Vision Fund. The startup was founded in 2013 by Thiel Fellow Ritesh Agarwal, now aged 24, and the concept centers around standardizing the quality of India’s wildly-differentiated affordable hotels, and providing some structure… Read More
from TechCrunch
Innoviz, a company making LiDAR sensors to support the development and deployment of autonomous driving, has raised a new $65 million in Series B funding, from strategic partners and leading auto industry suppliers Delphi Automotive and Magna International, along with other investors. The vote of confidence from Magna and Delphi is especially noteworthy, however, because both stand ready to… Read More
from TechCrunch