The market for startup investment has changed. From the hottest year in startup venture capital history to a period of pessimism, how did we get to where we are today? The following digest of TechCrunch coverage looks to answer that question. We start with a historical run of stories beginning last December, threading through the…
The pace at which venture capitalists are deploying funding across the globe slowed yet again in April. Venture capital dollar volume, as tracked by Crunchbase News in a new report, peaked in November 2021. Since that apogee, the value of venture investments has ticked lower in most months before dropping another $5 billion from March…
Nio, an electric vehicle upstart from China, is planning to list its shares in Singapore, which will make the city-state the third base where it trades as geopolitical tensions between China and the US heighten. Nio said on Friday that it is seeking a secondary listing of its Class A ordinary shares “by way of…
Lyft is bringing back shared rides to San Francisco, San Jose, Denver, Las Vegas and Atlanta this May, the company announced on Thursday, noting that the popular reduced fare service will be expanding to other markets in phases throughout the year. The company originally abandoned its carpooling service in March 2020 when the pandemic made…
Before you open the doors for due diligence: Is your financial house in order? Bill Petty is a partner at Tercera. He is responsible for sourcing, executing and monitoring investments in third-wave services businesses. Are you a founder looking to raise capital? If so, before you open the door to potential investors, your financial house…
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor As Dropbox heads into earnings, it desperately needs a win Here’s how far startup valuations fell in Q1 2022 The leading story in technology-land this morning is the multi-billion dollar exit of Deliverr, a…
French startup Alan has raised a new €183 million funding round ($193 million at today’s exchange rate). The company sells its own health insurance products and has expanded to other medical products and services. In other words, Alan wants to build a healthcare super app and a one-stop shop for all your questions and needs…
Hikvision shares fell by 10% after a Financial Times report that the Biden administration is planning to impose more sanctions on the surveillance camera company, accusing it of enabling human right abuses. The Financial Times reports that the sanctions would have “far-reaching consequences because companies and governments that deal with Hikvision… would risk violating U.S.…
Star War nerds will be happy to know that Disney+ just released its brand-new trailer for “Obi-Wan Kenobi” to kick off Star Wars Day (aka May the Fourth). The six-episode, highly anticipated, limited series will premiere exclusively on the service on Friday, May 27. Typical to Disney+’s release schedule, fans will have to wait weekly…
Would you like an NFT with your Starbucks latte? The coffee giant this week announced its plans to enter the Web3 space with the launch of its own NFT collection later this year where the individual digital collectibles also provide their owners with access to exclusive content experiences and other benefits, it said. The company…
