Munich-based AM Ventures just closed a $100 million fund focusing specifically on the early growth stages of industrial and commercial 3D printing applications. Investing internationally, the firm went from a de facto family office to a multi-LP VC firm. The firm’s portfolio to date spans 18 companies across three continents. It lists Headmade Materials, LightForce…
Eka Care, a startup that aims to digitize the health records of Indian patients, has raised $15 million in a new financing round as it looks to hire more engineers and bring additional doctors to its platform, which has amassed over 30 million registered users and 5,000 doctors. Hummingbird Ventures led Eka Care’s Series A…
Gbike, a South Korea-based micromobility Gcooter operator, is acquiring Hyundai Motor’s shared micromobility sharing platform ZET as it wants to increase its market share and create technological synergies via ZET’s fleet management system. Gbike CEO Walter Yoon told TechCrunch that the deal, which is its first acquisition, will be completed in early August. The financial terms of…
Some of digital health’s best-capitalized startups are struggling. A string of healthcare unicorns have announced layoffs over the past few weeks, including Ro, Cerebral, Forward and Calibrate. While these companies are all targeting different corners of the healthcare world — from direct-to-consumer healthcare to virtual mental health support — the layoffs show a similar response…
Cleartrip, one of the popular travel-booking platforms in India, has confirmed a data breach after hackers claimed to post the stolen data on the dark web. Responding to a request for comment by TechCrunch based on a tip shared by a security researcher, Cleartrip said it is taking legal action against the hackers. “We have…
India’s central bank is of the view that “cryptocurrencies should be prohibited,” the government told the parliament on Monday, raising more uncertainty about the future of the nascent virtual digital asset in the world’s second largest internet market. Nirmala Sitharaman, the minister of finance in India, said Monday that the Reserve Bank of India has…
Welcome back to Chain Reaction. Last week, we looked at web3 without web2’s winners. This week, we’re looking at a crossover episode for meme investing. You can get this in your inbox every Thursday afternoon by subscribing on TechCrunch’s newsletter page. power to the pumpers A weekly dispatch from the desk of TechCrunch crypto editor…
As NFTs work to retain mainstream attention, one founder predicts the digital asset sector will pivot in a new direction. “I think NFT collections will evolve as media companies [into something] like Disney,” Alex Salnikov, co-founder and head of product at NFT marketplace Rarible, said to TechCrunch. In recent months, major “blue-chip” NFT projects like Bored…
Hey, everyone! Welcome back to Week in Review, the newsletter where we recap the most read TechCrunch stories from the last seven days. Want it in your inbox? Sign up here! The most read story on the site this week was, once again, unfortunately, about layoffs — this time at Microsoft. While the company plans…
Hey, everyone! Welcome back to Week in Review, the newsletter where we recap the most read TechCrunch stories from the last seven days. Want it in your inbox? Sign up here! The most read story on the site this week was, once again, unfortunately, about layoffs — this time at Microsoft. While the company plans…
