Imagine a moving tower made of huge cement bricks weighing 35 metric tons. The movement of these massive blocks is powered by wind or solar power plants and is a way to store the energy those plants generate. Software controls the movement of the blocks automatically, responding to changes in power availability across an electric […]
A second Vision Fund is in the works.
A WeWork IPO may be just weeks away, says new report.
As investors continue to move more aggressively into Latin America’s startup scene, there’s one industry that seems to be drawing more attention than any others — financial services. As wealth across the region continues to rise, access to adequate financial services — specifically debt — has become a pain-point for an upwardly mobile middle class […]
SoftBank Vision Fund has single-handedly changed the game when it comes to tech startup investment. And that’s why I’m excited to announce that SoftBank Vision Fund partner David Thevenon is joining us at TechCrunch Disrupt Berlin. Thevenon spent most of his career working for Google on international and strategic partnerships, especially in Latin America, Asia, […]
Sony is doubling down on the world of startup investment. The Japanese tech giant announced a new fund that is aiming to raise 20 billion JPY (around $185 million) to invest in companies within “key high-growth industries.” While Sony launched a fund in 2016, this new vehicle — which is called Innovation Growth Fund — has […]
Southeast Asia’s highest-capitalized startup is sitting on even more money from investors today after ride-hailing Grab announced it has raised $300 million from Invesco. The deal is part of Singapore-based Grab’s ongoing — feels-like-ever-lasting — Series H round which was started last June via a $1 billion capital injection from Toyota. The round swelled to […]
Brandless, a direct-to-consumer purveyor of food, beauty, and personal care products, says that every item it makes is non-genetically modified, kosher, fair-trade, gluten-free, often organic and, in the case of cleaning supplies, EPA “Safer Choice” certified. Beginning with its 2012 launch, items were also priced at $3 across the board. That changed in January, when […]
Welcome back to the transcribed edition of the wildly popular TechCrunch podcast, Equity. This week Kate Clark and Alex Wilhelm convened in the new studio to discuss the biggest venture capital news of the week. There was a lot of news to get to so they started with some quick hits about Thumbtack, Bird, Scoot, […]