TechCrunch

2019-12-12 13:11    2019-12-12 13:26

Bill.com’s IPO pricing is good news for unprofitable startups

Business-to-business payments company Bill.com priced its IPO today at an above-range $22 per share. The firm, selling 9.82 million shares in its offering, will raise around $216 million at a roughly $1.6 billion valuation.

Atom Finance’s free Bloomberg Terminal rival raises $12M

If you want to win on Wall Street, Yahoo Finance is insufficient but Bloomberg Terminal costs a whopping $24,000 per year. That’s why Atom Finance built a free tool designed to democratize access to professional investor research. If Robinhood made it cost $0 to trade stocks,

Northrop Grumman lands customer for first OmegA rocket launch in 2021

Space industry heavyweight Northrop Grumman has signed a costumer for the launch of its first OmegA rocket, a medium/heavy lift launch vehicle that it’s currently readying for flight with a target of spring 2021 for its first ever flight. OmegA will unlock additional payload capacity vs.

GetYourGuide widens its horizons, will expand its Originals short tours into day trips and more

GetYourGuide has made a name for itself as the startup that helped the stale idea of guided tours for travellers on its head. Tapping into the generation of consumers who think of travel not just as going somewhere, but having an “experience” (and, ideally, recording it for Insta-posterity),

Be in the TechCrunch End Of Year Review for Europe

TechCrunch is running an end-of-year review for the European tech startup industry. We’d love your input on the feature! We’d like to know what particular topics really resonated with you in 2019 and what your predictions are for 2020. Fill in the survey here.

MUBI’s production effort nets it a Sundance selection as the company goes cashflow positive

Streaming services are popping up like weeds these days, but MUBI has been at it basically since streaming video first emerged as a business. Founded in 2007, MUBI focuses on curated, independent film from international artists and creators,

Aeva snags VW investment with smaller, longer range lidar

Lidar startup Aeva has deepened its relationship with VW Group with a new investment from Porsche Automobili Holding SE, thanks to a next-generation sensor that is headed for the ID Buzz AV, an electric reboot of the automaker’s iconic bus that will be used as autonomous taxis.

Glovo’s Sacha Michaud: “I think there will be consolidation”

Many companies realized that there was a huge opportunity when it comes to on-demand delivery of food and groceries. And apparently, too many companies as Glovo co-founder Sacha Michaud expects some consolidation in the space in the near future. At TechCrunch Disrupt Berlin,

Portify raises £7M Series A for its fintech app for ‘modern’ or gig economy workers

Portify, the London fintech startup that offers an app and various financial products to help gig economy and other modern, flexible or “self-employed” workers better manage their finances, has raised £7 million in Series A funding. The round, which comes a year after the company raised £1.

Watch Disrupt Berlin Day 2 live right here

Good morning! Disrupt Berlin Day 2 begins now, and boy do we have a show for you! Today, we’ll hear from Justin Drake (Ethereum Foundation), Carolina Brochado (Softbank Investment Advisors) and Andrei Brasoveanu (Accel), Young Sohn (Samsung), and Matthew Prince (Cloudflare),

Yubo raises $12.3 million for its social app for teens

French startup Yubo has raised a $12.3 million funding round led by Iris Capital and Idinvest Partners. Existing investors Alven, Sweet Capital and Village Global are also participating.

Blue Origin moves closer to human spaceflight with 12th New Shepard launch

Jeff Bezos -founded Blue Origin has recorded another successful mission for its New Shepard sub-orbital launch vehicle, which is a key step as it readies the spacecraft for human spaceflight. This is also the six flight of this re-used booster,

Atomico VCs say that “everybody cares” in Europe about where the startup dollars are coming from

Today, on stage at TechCrunch Berlin, four of Atomico’s most senior partners took the stage together for the first time, flying into the city from London, Stockholm, and Geneva to talk about a wide range of issues. Among the many things we discussed the four —  including Sophia Bendz, Siraj Khaliq,

‘Disney Plus’ was the #1 U.S. Google search term in 2019

Google today released its annual “Year in Search” data that takes a look back at some of the biggest searches of 2019. Specifically, Google looked at the biggest trends — meaning, search terms that saw the largest spikes in traffic over a sustained period in 2019 compared to 2018. In the U.S.

Here are the five Startup Battlefield finalists at Disrupt Berlin

Fourteen startups presented on-stage today at Disrupt Berlin, giving live demos and rapid-fire presentations on their origin stories and business models, then answering questions from our expert judges. Now, with the help of those judges,

Gtmhub raises $9M from CRV after posting 400% ARR growth in the last year

This week Gtmhub announced a $9 million Series A led by CRV. The investment was not a large round, even for an A. But the capital found its way into one of the fastest-growing SaaS companies that we’ve spoken with recently, which made it interesting all the same. And,

Many smart home device makers still won’t say if they give your data to the government

A year ago, we asked some of the most prominent smart home device makers if they have given customer data to governments. The results were mixed. The big three smart home device makers — Amazon,

Spotify’s founding story is going to be a Netflix series

Facebook’s founding got the movie treatment with Aaron Sorkin’s “The Social Network.” The story of how Snapchat came to be will be a flagship series on the upcoming streaming service, Quibi. Today, Spotify is the latest startup to get its story told on screen — this time, as a new Netflix show.

Join TechCrunch for our 3rd Annual Winter Party

After last year’s stellar turn out of almost 1,000 Silicon Valley shakers and movers at our inaugural Winter Party, TechCrunch is returning with the 3rd Annual Winter Party in San Francisco on February 7. The party will feature tasty cocktails and canapés, party games and activities,

Daily Crunch: Apple adds new iPhone parental controls

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. The iPhone’s new parental controls can limit who kids can call,

Peleton’s stock sinks 7% as the ad saga continues to weigh on the company

Shares of popular home exercise company Peloton are off 7% in regular trading today as the company continues to reel in the wake of an advertisement it released that went viral for the wrong reasons. The ad is to blame for Peloton being in the public eye for the wrong reasons,

YouTube’s tougher harassment policy aims to address hate speech, veiled threats and repeat offenders

In YouTube CEO Susan Wojcicki’s quarterly letter last month, the exec said the company was working to develop a new harassment policy. Today, YouTube is sharing the results of those efforts with the release of an updated policy which now takes a stronger stance against threats and personal attacks,

Apply to the pitch-off at TC Sessions: Robotics & AI 2020

Mark your calendars and dust off your public-speaking skills. This year, there’s an exciting new opportunity at TC Sessions: Robotics & AI, which returns to  UC Berkeley on March 3, 2020. We’ve added a pitch-off specifically for early-stage startups focused on AI or robotics. You heard right.

Google Cloud gets a new family of cheaper general-purpose compute instances

Google Cloud today announced the launch of its new E2 family of compute instances. These new instances, which are meant for general purpose workloads, offer a significant cost benefit, with saving of around 31 percent compared to the current N1 general purpose instances.

MindAffect wants to let us control devices with our minds

MindAffect, a team which presented in today’s TechCrunch Disrupt Startup Battlefield, wants to explore whats possible when we can control the devices around us with our minds — and to let others explore the possibilities, too.

The electric Porsche Taycan Turbo has an EPA range of 201 miles

The Porsche Taycan Turbo, one of several variants of the German automaker’s first all-electric vehicles, has an EPA estimated range of 201 miles, according to government ratings posted Wednesday.

The electric Porsche Taycan Turbo has an EPA range of 201 miles

The Porsche Taycan Turbo, one of several variants of the German automaker’s first all-electric vehicles, has an EPA estimated range of 201 miles, according to government ratings posted Wednesday.

MindAffect wants to let us control devices with our minds

MindAffect, a team which presented in today’s TechCrunch Disrupt Startup Battlefield, wants to explore whats possible when we can control the devices around us with our minds — and to let others explore the possibilities, too.

Acquia nabs CDP startup AgilOne, which raised $41M

Acquia announced it has acquired customer data platform (CDP) startup AgilOne today. The companies did not disclose the purchase price. CDPs are all the rage among customer experience vendors,

Slack’s share price and the future of direct listings

Hello and welcome back to our regular morning look at private companies, public markets and the grey space in between. Today we’re starting off with a venture capital Q&A, a quick look at Slack’s share price stability and some thoughts on direct listings and their possible future frequency.

Arcona uses machine learning to compose adaptive soundtracks in real time

Arcona Music took to the stage at Disrupt Berlin today to showcase its adaptive music service. The local startup utilizes machine learning to create musical beds capable of adapting to different contexts in real-time. The user simply needs to input a handful of parameters,

PayPal’s exiting COO Bill Ready to join Google as its new president of Commerce

In June, PayPal announced its Chief Operating Officer Bill Ready would be departing the company at the end of this year. Now we know where he’s ending up: Google. Ready will join Google in January as the company’s new commerce chief, reporting directly to Prabhakar Raghavan, SVP, Ads,

Intel’s latest RealSense lidar camera is designed for inventory logistics

Intel today introduced the latest addition to its RealSense line. The L515 is roughly the size of a tennis ball, targeted specifically for warehouse logistics — a hugely important and increasingly automated aspect of global trade. Other potential applications for the new camera include retail,

Childcare benefits startup Kinside launches with $4 million from investors including Initialized Cap

Childcare is one of the biggest expenses for American parents and it’s not just families who are taking a hit. Childcare issues cost the United States’ economy an estimated $4.4 billion in lost productivity each year and also impacts employee retention rates.

ACLU sues Homeland Security over ‘stingray’ cell phone surveillance

One of the largest civil liberties groups in the U.S. is suing two Homeland Security agencies for failing to turn over documents it requested as part of a public records request about a controversial cell phone surveillance technology.

BMW says ‘ja’ to Android Auto

BMW today announced that it is finally bringing Android Auto to its vehicles, starting in July 2020. With that, it will join Apple’s CarPlay in the company’s vehicles. The first live demo of Android Auto in a BMW will happen at CES 2020 next month and after that,

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