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African crypto usage spurs Luno as customers reach 7M

The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike bitcoin experienced was also accelerated by its global adoption as the number of..

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13.4.2021 11:30

Tech Crunch
Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands

The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate them as one. In the latest development, Berlin Brands Group has raised $240 mil..

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13.4.2021 11:13

Tech Crunch
Pine Labs acquires Southeast Asian startup Fave for $45 million

Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its consumer-focused offerings in the domestic and international markets. Fave helps an offline merchant connect and retain customers by u..

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13.4.2021 11:07

Tech Crunch
Putting Gdańsk, Wroclaw, Krakow, Poznan on the TechCrunch map — TechCrunch’s Cities Survey

TechCrunch is embarking on a major new project to survey European founders and investors in cities outside the larger European capitals. Over the next few weeks, we will ask entrepreneurs in these cities to talk about their ecosystems, in their own words. This is your chance to p..

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13.4.2021 11:00

Tech Crunch
Grover raises $71M to grow its consumer electronics subscription business

A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its business in Europe and beyond. Grover, a Berlin-based startup that runs a subscripti..

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13.4.2021 09:32

Tech Crunch
Reminder: Student, non-profit, and government discounts available for Extra Crunch

Students, government employees, and members of non-profit organizations can get access to Extra Crunch at a discounted rate of $50/year (plus tax). That’s 50% off our annual price point. You’ll also be grandfathered in at the discounted price for future years until you cancel.  H..

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13.4.2021 06:15

Tech Crunch
Vietnamese electric motorbike startup Dat Bike raises $2.6M led by Jungle Ventures

Dat Bike, a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 million in pre-Series A funding led by Jungle Ventures. Made in Vietnam with mostly domestic parts, Dat Bike’s selling point is its ability to compete wit..

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13.4.2021 04:00

Tech Crunch
Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny

Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLabs Korea and Handshake co-founder Andrew Lee. Built on Binance Smart Chain, a blo..

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13.4.2021 03:00

Tech Crunch
Battery Resourcers raises $20M to commercialize its recycling-plus-manufacturing operations

As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected to come off the roads by the end of the decade. Battery Resourcers proposes a s..

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13.4.2021 01:22

Tech Crunch
Daily Crunch: Microsoft acquires Nuance for $19.7B

Microsoft makes a big healthcare tech acquisition, Twitter is building a presence in Africa and Apple may be cooking up some new smart home products. This is your Daily Crunch for April 12, 2021. The big story: Microsoft acquires Nuance for $19.7B Microsoft announced this morning..

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13.4.2021 01:16

Tech Crunch
Another milestone for in-space servicing as Northrop Grumman gives aging satellite new life

Northrop Grumman hit a new milestone in extending the life of active spacecraft as a purpose-built spacecraft, MEV-2, docked with Intelsat’s IS-10-02 satellite to give it another five years of life. It’s a strong demonstration of the possibilities in a growing field o..

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13.4.2021 00:21

Tech Crunch
From pickup basketball to market domination: My wild ride with Coupang

Coupang early investor Ben Sun shares an inside look into the growth of the Korean e-commerce giant and explains how founder Bom Kim led a pivot when the company was already an established business.

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13.4.2021 00:01