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  • Grab and Gojek began discussing a potential merger more than three months agoGrab and Gojek began discussing a potential merger more than three months ago
    After a report that it is considering a potential merger with Grab, Gojek denied that it is planning a deal with its rival, but a source tells TechCrunch that the two companies have been talking for about three and a half months, beginning after Gojek founder and former CEO left… Read more »
  • Speedinvest raises new €190M fund to continue backing early-stage European tech startupsSpeedinvest raises new €190M fund to continue backing early-stage European tech startups
    Speedinvest, the European seed-stage VC that was started from Vienna but has since added offices in London, Berlin, Munich and San Francisco, has raised a new €190 million fund. It brings the firm’s total assets under management to more than €400 million. Describing its third fund as “oversubscribed” and ahead… Read more »
  • Graphcore, the AI chipmaker, raises another $150M at a $1.95B valuationGraphcore, the AI chipmaker, raises another $150M at a $1.95B valuation
    The UK has a strong history when it comes to processors, but the global chip market has seen some ups and downs of late. Today comes some big news that underscores how investors are doubling down on one of the big hopefuls for the next generation of chipmaking to see… Read more »
  • Revolut raises $500 million at a $5.5 billion valuationRevolut raises $500 million at a $5.5 billion valuation
    Fintech startup Revolut is raising a large Series D round of funding. TCV is leading the $500 million round, valuing the company at $5.5 billion. Over the past few years, Revolut has raised $836 million in total. Some existing investors are also participating in today’s funding round, but Revolut isn’t… Read more »
  • VC firm Oxx says SaaS startups should avoid high-risk growth modelsVC firm Oxx says SaaS startups should avoid high-risk growth models
    Oxx, a European venture capital firm co-founded by Richard Anton and Mikael Johnsson, this month announced the closing of its debut fund of $133 million to back “Europe’s most promising SaaS companies” at Series A and beyond. Launched in 2017 and headquartered in London and Stockholm, Oxx pitches itself as… Read more »
  • Forensic Architecture redeploys surveillance-state tech to combat state-sponsored violenceForensic Architecture redeploys surveillance-state tech to combat state-sponsored violence
    The specter of constant surveillance hangs over all of us in ways we don’t even fully understand, but it is also possible to turn the tools of the watchers against them. Forensic Architecture is exhibiting several long-term projects at the Museum of Art and Design in Miami that use the… Read more »
  • Mirantis co-founder launches FreedomFi to bring private LTE networks to enterprisesMirantis co-founder launches FreedomFi to bring private LTE networks to enterprises
    Boris Renski, the co-founder of Mirantis, one of the earliest and best-funded players in the OpenStack space a few years ago (which then mostly pivoted to Kubernetes and DevOps), has left his role as CMO to focus his efforts on a new startup: FreedomFi. The new company brings together open-source… Read more »
  • Venmo prototypes a debit card for teenagersVenmo prototypes a debit card for teenagers
    Allowance is going digital. Venmo has been spotted prototyping a new feature that would allow adult users to create for their teenage children a debit card connected to their account. That could potentially let parents set spending notifications and limits while giving kids more flexibility in urgent situations than a… Read more »
  • Homie CEO resigns after allegations of sexual harassment from job applicantHomie CEO resigns after allegations of sexual harassment from job applicant
    Jordi Greenham, the co-founder and CEO of Mexican long-term rentals startup Homie, has resigned after a sexual harassment investigation was carried out by the company’s ethics board. On February 14, Homie launched an investigation into allegations of sexual harassment against Greenham, according to a corporate Facebook post. The message followed… Read more »
  • Huawei’s ill-fated foldable returns with a more robust upgradeHuawei’s ill-fated foldable returns with a more robust upgrade
    MWC may have been canceled on account of rising coronavirus concerns, but the party still went on for Huawei (albeit to what appears to have been a mostly empty room). A year after wowing crowds with the Mate X, the company is introducing the Mate Xs. Rather than a proper… Read more »
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