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How this startup built and exited to Twitter in 1,219 days

By the summer of 2016, Marie Outtier had spent eight years as a consultant advising media agencies and martech companies on marketing growth strategy. Pierre-Jean “PJ” Camillieri started as a music software engineer before joining one of Apple’s consumer electronics divisions. Inspired by Siri, he left to start Timista, a smart lifestyle assistant. When the […]




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JetBrains Academy for learning code launches for free during COVID-19 pandemic

During this pandemic, many organizations are offering free or drastically cheaper courses to help people skill-up for when we eventually get out of lock-down. There are numerous outlets if you want to learn to code from, for instance, Freecodecamp or the Free Fridays scheme from General Assembly. And for gamers, Gamedev.tv has taken 80% off […]




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NEAR Protocol raises $21.6M from A16Z and launches its MainNet, beating Ethereum 2.0

It was only the other week that Andreesen Horowitz announced their second blockchain-focused fund of $515 million. In the announcement, they said: “We are still early in this Web 3 build-out. High-performance programmable blockchains will make decentralized network development much more accessible. After years of R&D, we are excited that a number of next-gen programmable […]




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Instabug raises $5M Series A round led by Accel, as mobile app usage surges

There are some startups that behave like sprinters, and others that run a marathon. I came across Instabug when I was in Cairo in 2013. Born during the chaotic era of the Arab Spring, this plucky startup managed to make it to TechCrunch Disrupt, then Y Combinator in 2016, then a $1.7 million in seed […]




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As Europe slowly unlocks, e-scooter startups, like Helbiz, are wooing with offers

At the start of the year, it looked like Europe would be in for a “Summer E-Scooters / E-Bike War,” as both regional startups and U.S.-backed unicorns vied for the pockets of city commuters. Consolidation came when German startup Circ was taken over by U.S. competitor Bird at the start of the year. Still on […]




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UK investors band together to survey Angels on their strategy during COVID-19

A number of UK entrepreneurs have banded together to survey Angels about their investment strategy. The initiative comes in the wake of the UK government’s “Future Fund” for startups, which has been criticized as being inadequate for the needs of Angel and Seed-stage startups. The group hopes the survey will give the UK early-stage investment […]




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Vote for Europe’s hottest startups in The Europas Awards + workshops, pitches, networking

The Europas Awards — which have been recognising the hottest European tech startups in since 2009 — are now open for the public voting stage, prior to the formal judging process. The entries have been sorted and sifted by journalists to compile an editorially-driven ‘long list’ of some of Europe’s most exciting startups and investors. […]




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Runa Capital closes Fund III at $157M, with an added focus on quantum computing

VC fund Runa Capital was launched with $135 million in 2010, and is perhaps best known for its investment into NGINX, which powers many web sites today. In more recent years it has participated or led investments into startups such as Zipdrug ($10.8 million); Rollbar this year ($11 million); and Monedo (for €20 million). HQ’d […]




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Cuckoo Internet closes seed funding to disrupt UK broadband market

Cuckoo Internet is a new U.K. startup that aims to disrupt the U.K. broadband market. It has now raised £470,000 in seed funding, which includes funding from work.fund, a new Silicon Valley fund operator fund led by Bart Macdonald (Sapling founder). Other investors include Lorin van Nuland (early investor in Betterment), Edward Campbell-Harris (Bulb early […]




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How will coronavirus change the world? — Parlia launches to help you find out

“Is Greta Thunberg a hypocrite?” Google that phrase and you will get thousands of results. It just goes to show that, to a large extent, the “Q&A” model is broken on the internet. Where once Yahoo Answers and Quora were considered the bright young things of Web 2.0’s “Read/Write Web,” today there is only the […]




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Axios’ Dan Primack on ‘the most polarizing startup that exists’

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.




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Tumblr’s next step forward with Automattic CEO Matt Mullenweg

After months of rumors, Verizon finally sold off Tumblr for a reported $3 million — a fraction of what Yahoo paid for the once mighty blogging service back in 2013. The media conglomerate (which also owns TechCrunch) was clearly never quite sure what to do with the property after gobbling it up as part of […]




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The portrait of an avatar as a young artist

In this episode of Flux I talk with LaTurbo Avedon, an online avatar who has been active as an artist and curator since 2008.





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HuffPost is reportedly on the auction block

Late last night the Financial Times reported that HuffPost, arguably one of the crown jewels of Verizon Media Group’s remaining network of media properties (which includes TechCrunch), is up for sale. Verizon has been shedding media properties in a retreat from the strategy that it had begun to execute with the acquisition of AOL for […]




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St. Louis-based Summersalt raises $17.3 million for its direct-to-consumer clothing line

The Midwest may not be known as the fashion capital of the world (or even the U.S.), but its place in the consumer retail firmament is secure through L Brands and its Victoria’s Secret and Bath & Body Works subsidiaries. Now, venture investors are investing $17.3 million to establish another tent-pole clothing brand in the […]




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Utah tech magnates create new Silicon Slopes Venture Fund to boost startups in the state

Those looking outside of Silicon Valley as a potential hub for their startup might want to take a gander at Utah, at least that’s the kind of trend the new Silicon Slopes Venture Fund hopes to create. The newly formed fund, put together by Qualtrics co-founder Ryan Smith, Omniture and Domo founder Josh James and […]




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Extra Crunch Live: Join Precursor’s Charles Hudson for a Q&A this Thursday

The new Extra Crunch Live series is taking flight this week. Today we’re talking to Cowboy Ventures’ Aileen Lee and Ted Wang. This Thursday we’re keeping the parade of well-known investors coming, when Charles Hudson will join Natasha Mascarenhas and I for a deep-dive into all things pre-seed and seed. Extra Crunch Live Episode 2: […]




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J Crew: abandon ship

A heavy debt load scuppered the business 




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Sycamore and L Brands call off Victoria’s Secret deal

The $525m transaction is the latest to be derailed amid the coronavirus pandemic




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Have investment funds averted a liquidity crisis?

The $55tn industry has emerged scared and shrunken but largely intact




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Debt relief: which countries are most vulnerable?

Emerging economies that have long tested investors’ patience say they need fresh help




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Norwegian oil fund furore focuses on wrong questions

Debate about flight scandal has detracted attention from strategic changes and oversight at world’s biggest sovereign wealth fund




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UK investors rush back into equity funds during market rally

Calastone reports record inflows throughout April after heavy redemptions in March




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KKR posts $4.2bn net loss as investment portfolio hit

Sale of German broadband provider rescues buyout firm’s performance




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Warburg to raise stake in Chinese car rental company

US private equity firm plans further share in group shaken by fallout from Luckin Coffee scandal




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‘Gamified’ investing leaves millennials playing with fire

Slick stock-trading apps skip over the risks for inexperienced investors




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Crunch time for US tenants and landlords

Investors who saw rental housing as a safe bet before the pandemic are bracing for delinquencies




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Teaching children about money in lockdown

Financial education has an important role to play to prepare children for an uncertain future




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Investors row back on ethical principles, research shows

Many put a company’s economic recovery before ESG commitments in coronavirus crisis




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LCF compensation decision looms

FSCS could compensate some investors in collapsed mini-bond issuer London Capital Finance




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Private-equity backed companies dominate lowest depths of junk

Two-thirds of companies with lowly ratings from Moody’s were bought by PE groups




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Latest Isa rates

Up-to-date tax-efficient savings deals




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Investors Chronicle: JD Sports, AstraZeneca, Virgin Money UK

Companies analysis from our sister publication




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Frontier Developments chairman sells down

Share price surges after news breaks of deal with Games Workshop




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Dropping Flynn case turns Barr into Trump’s political sword

Pardoning cronies is offensive but precedented. Using DoJ to go after enemies is Nixonian




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Can companies still afford to care about sustainability?

Will environmental and social initiatives survive Covid-19? Our specialists answered your questions




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UK PLC cuts dividends by £24bn in face of crisis

Investors braced for years of lower payouts by some of the most reliable dividend-paying stocks




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Warren Buffett held the wrong stocks as the music stopped

Few investors went into this crisis with a portfolio they were entirely happy with




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Asian governments boost dollar borrowing to fight coronavirus

Countries in region issue debt at close to fastest rate in a decade due to pandemic




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Bain Capital makes $1bn bet on Japan’s nursing homes

Private equity bid for Nichii Gakkan could set a template for future management buyouts




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Private equity managers rebuked over slashing US doctor pay

Row escalates between Elizabeth Warren, Blackstone and KKR after coronavirus crisis prompts cuts




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‘50 cent’ gold fund tops European performance charts

Ruffer precious metal and Baillie Gifford tech vehicles shine during market turbulence




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TechCrunch




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Thyssenkrupp raises possibility of giving away factory unit

German conglomerate hopes to offload lossmaking division to focus on steel




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Schneider Electric warns of €300m hit from coronavirus

French group braced for revenue losses this quarter despite reopening most of its China factories




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Jingye tries to save British Steel rescue deal

Chinese group writes to French government as it seeks to reassure over the future of Hayange plant




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Volkswagen defies car downturn as profits surge

World’s largest auto group enjoys earnings boost and increases dividend




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VW chief defies sceptics with ambitious plans to overtake Tesla

Herbert Diess wants to sell 26m emission-free vehicles in 9 years, overtaking rivals including Californian electric pioneer




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Porsche chief warns battery costs will hit carmaker profits

Blume says industry faces supply constraints because of production ‘bottleneck’