Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have multiple phone calls with suppliers while waiting for rates, say the founders of Zayare. The startup, which runs a platform that connects manufacturers directly with suppliers, announced today it has raised $2.1 million in pre-seed funding from Tiger Global and…
If you’re trying to get a pulse on what’s happening in the venture market right now, you could do worse than talk with Hans Swildens, founder of the 22-year-old investment firm Industry Ventures. Industry Ventures is now managing $5 billion in assets – nearly $1 billion of it raised last year — across numerous strategies…
For the first time, a crypto exchange is partnering with an NFL team in a long-term, exclusive relationship that could bring further exposure of digital assets to mainstream audiences. The partnership between Blockchain.com and the Dallas Cowboys was announced on Wednesday at the NFL team’s headquarters in Frisco, Texas, by Jerry Jones, the football team’s…
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we niche down to a single topic, think about a question and unpack the rest. This week, given a parade of headlines and news that Fast shut…
Front-line workers and those paid in hourly wages rather than salaries have become a prime target in the world of business IT, with a wave of apps helping them find jobs, do their jobs, communicate with each other better. In the latest development, a UK startup building what it describes as a financial “super app”…
TikTok issued an update Tuesday on its efforts to stem the flow of misinformation about Russia’s invasion of Ukraine, but the company doesn’t appear to be effectively implementing its existing policies around the war. The social network cut off new content originating in Russia in early March in response to a harsh new law in…
Cruise, the self-driving car unit of General Motors, has expanded its autonomous delivery pilot with Walmart in Arizona. The company will now be doing limited deliveries for customers in Chandler, in addition to Scottsdale. The news comes a couple of months after Cruise had teased the expansion at a public meeting with Arizona state legislators,…
Just two days — with only a handful of tickets remaining — until TechCrunch Early Stage drops invaluable knowledge on the newest generation of startup founders in San Francisco on April 14. If you’ve been procrastinating, or if last-minute decision making is one of your core competencies, it is officially Now O’clock. Our Launch Special tickets…
Pylon, an Egyptian infrastructure management platform for water and electricity companies in emerging markets, has raised a $19 million seed round. The round, a combination of debt and equity, was led by U.S.-based Endure Capital, which is backed by British International Investment (formerly CDC Group), the development finance institution of the U.K. government. Participating investors…
SoftBank’s makeover, in the wake of COO Marcelo Claure’s resignation over a compensation dispute, is hard to miss. Last month, the firm shifted leadership and structure of one of Claure’s most notable contributions – a $100 million growth fund for founders of color – into an evergreen investment vehicle with new leadership. Today, it’s making…
