Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar powered micro-utilities that provide electricity to commercial community structures, such as open-air trading bazaars. Launched in 2016, the startup has shifted its operating strategy. “We’ve pivoted…
We’re excited to announce a new community perk for Extra Crunch. Starting today, annual and two-year Extra Crunch members located in the United States can get free access to Avodocs from AXDRAFT. Avodocs provides free legal documents for startups, including NDAs, privacy policies, founders’ agreements, employee onboarding documents, terms of service and more. Founders and…
Earlier this year, PBS announced it had secured for its member stations streaming agreements on YouTube’s live TV service, YouTube TV. Today, that deal goes live. PBS says more than 100 of its local stations are now available on YouTube TV by way of dedicated live channels for both PBS and PBS Kids, as well…
LogMeIn announced this morning that it has agreed to be sold for $4.3 billion to affiliates of Francisco Partners and Evergreen Coast Capital Corporation, the private equity affiliate of Elliott Management Corporation. The purchase price comes out to $86.05 per share in an all-cash deal. The company had a 52-week high of $96.87 per share…
It’s not enough for an autonomous vehicle to see the world around it. These vehicles need to understand in real time what they’re seeing. That understanding piece is critical, and it requires being able to identify objects in real time and in any environmental condition. It can mean the difference between an autonomous vehicle that…
HungerBox, an Indian food tech startup that has courted 10 of the 11 largest companies in the country to use its services, today announced it has raised $12 million from Paytm and others as it looks to sign clients in Southeast Asia. The three-year-old startup’s new financing round, a Series C, was funded by a…
Plenty of the ocean remains unexplored, even though it’s a huge trove of potentially valuable information. Current methods for mapping and gathering ocean data, especially deep ocean data, generally require humans in the mix (even if controlling vehicles remotely), are immensely expensive and are not designed for long periods of operation. Startup Terradepth, founded by…
London-based STEM device maker Kano has confirmed it’s cutting a number of jobs which it claims is part of a restructuring effort to shift focus to “educational computing”. The job cuts — from 65 to 50 staff — were reported earlier by The Telegraph. Kano founder Alex Stein confirmed in a call with TechCrunch that…
Hey everyone. Thank you for welcoming me into your inboxes yet again. I’m in Berlin where TechCrunch just pulled off another great Disrupt event, we’ve got a lot of great Europe-focused startup content on the site so get to scrolling if your interest is piqued. If you’re reading this on the TechCrunch site, you can…
Welcome back to This Week in Apps, the Extra Crunch series that recaps the latest OS news, the applications they support and the money that flows through it all. The app industry is as hot as ever, with 194 billion downloads last year and more than $100 billion in consumer spending. People spend 90% of their mobile time in…
