Cell and gene therapy startup ElevateBio raises $170 million

Mon, 30 Mar 2020 12:18:22 +0000
While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant money committed. Cambridge-based ElevateBio, for instance, revealed a $170 million Series B funding on Monday, with participation from new investors The Invus Group, Surveyor Capital, EDBI, and […]
Direct Link to Article acquires Hostnet as hosting providers continue consolidation in Europe

Mon, 30 Mar 2020 11:54:53 +0000
The coronavirus pandemic has all but halted a lot of business activity, but today comes news of a deal that underscores how M&A is still happening in some sectors despite (not because of) everything else going on. — the big hosting provider in Europe with around 1.5 million customers, itself acquired just over a […]
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Online tutoring marketplace Preply banks $10M to fuel growth in North America, Europe

Mon, 30 Mar 2020 11:30:02 +0000
Online learning looks likely to be a key beneficiary of the social distancing and quarantine measures that are being applied around the world as countries grapple with the COVID-19 pandemic. In turn, this looks set to buoy some relative veterans of the space. To wit: Preply, a 2013-founded tutoring marketplace, is today announcing a $10 […]
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Air Doctor scores $7.8M to connect travellers with local doctors

Mon, 30 Mar 2020 07:00:15 +0000
Air Doctor, the health tech startup that connects travellers with local doctors, has raised $7.8 million in Series A funding. The round is led by Kamet Ventures (the AXA-backed venture builder), and The Phoenix Insurance Company. Founded in 2016, Air Doctor aims to empower travellers who get sick when abroad and need non-emergency advice or […]
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The Station: Bird and Lime layoffs, pivots in a COVID-19 era and a $2.2 trillion deal

Sun, 29 Mar 2020 22:41:32 +0000
Hello folks, welcome back (or hi for the first time) to The Station, a weekly newsletter dedicated to the all the ways people and packages move around this world. I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch. I also have started to publish a shorter version of the newsletter on TechCrunch . That’s […]
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Saudi spies tracked phones using flaws the FCC failed to fix for years

Sun, 29 Mar 2020 22:38:26 +0000
Lawmakers and security experts have long warned of security flaws in the underbelly of the world’s cell networks. Now a whistleblower says the Saudi government is exploiting those flaws to track its citizens across the U.S. as part of a “systematic” surveillance campaign. It’s the latest tactic by the Saudi kingdom to spy on its […]
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White House extends social distancing guidelines to April 30

Sun, 29 Mar 2020 22:37:43 +0000
Only a few days after saying that he would like to see the country “opened up and raring to go by Easter” and maybe relax rules for at least some parts of the U.S. sooner than later, President Trump today announced that he is extending the government’s social distancing guidelines through April 30. “Nothing would […]
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Divesting from one facial recognition startup, Microsoft ends outside investments in the tech

Sun, 29 Mar 2020 21:28:45 +0000
Microsoft is pulling out of an investment in an Israeli facial recognition technology developer as part of a broader policy shift to halt any minority investments in facial recognition startups, the company announced late last week. The decision to withdraw its investment from AnyVision, an Israeli company developing facial recognition software, came as a result […]
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Fauci: US can expect more than 100,000 COVID-19 deaths, millions of cases

Sun, 29 Mar 2020 17:02:52 +0000
On CNN’s State of the Union Sunday, the leading U.S. authority on the COVID-19 pandemic made some grim predictions about the course of the novel coronavirus as it rages through communities within the United States. Dr. Anthony Fauci, the longtime director for the National Institute of Allergy and Infectious Diseases and emerging face of American […]
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Elizabeth Warren for President open-sources its 2020 campaign tech

Sun, 29 Mar 2020 15:01:16 +0000
Democratic senator Elizabeth Warren may have ended her 2020 presidential run, but the tech used to drive her campaign will live on. Members of her staff announced they would make public the top apps and digital tools developed in Warren’s bid to become the Democratic nominee for president. “In our work, we leaned heavily on […]
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Test and trace with Apple and Google

Sun, 29 Mar 2020 13:00:19 +0000
After the shutdown, the testing and tracing. “Trace, test and treat is the mantra … no lockdowns, no roadblocks and no restriction on movement” in South Korea. “To suppress and control the epidemic, countries must isolate, test, treat and trace,” say WHO. But what does “tracing” look like exactly? In Singapore, they use a “TraceTogether” […]
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Detroit Auto Show canceled in preparation for FEMA to turn venue into field hospital

Sun, 29 Mar 2020 02:08:07 +0000
The North American International Auto Show, which was scheduled for June in Detroit, has been canceled as the COVID-19 pandemic continues to spread and the city prepares to repurpose the TCF Center into a temporary field hospital. NAIAS is held each year in the TCF Center, formerly known as the Cobo Center. Organizers said they […]
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Startups Weekly: A new era for consumer tech

Sat, 28 Mar 2020 18:00:27 +0000
TechCrunch is out hunting for bright spots in the startup world as we all come to grips with the pandemic — particularly where checks are actually being written despite everything. D2C is back to the future First up this week, we surveyed top direct-to-consumer investors, and they seemed pretty optimistic despite the struggles of some […]
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This Week in Apps: Apple launches a COVID-19 app, the outbreak’s impact on social and video apps and more

Sat, 28 Mar 2020 15:20:44 +0000
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 saw a record 204 billion downloads and $120 billion in consumer spending in 2019, according to App Annie’s “State of Mobile” annual report. […]
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Original Content podcast: ‘Tiger King’ might be the wildest show on Netflix

Sat, 28 Mar 2020 14:08:45 +0000
Netflix’s “Tiger King” is a docuseries focusing on the man who calls himself Joe Exotic — owner of a private park full of tigers and other big cats. We learn in the opening minutes of the first episode that he’s been accused of hiring a contract killer to murder an animal rights activist. A documentary […]
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How Huawei is dividing Western nations

Sat, 28 Mar 2020 13:30:56 +0000
The relationship between the United Kingdom and Australia is not usually a flashpoint in international relations. After all, the two allies share a common language, ancestry, and monarch. So what caused a dustup recently that saw a senior Australian parliamentarian rebuke the British foreign secretary, and for a group of Australian MPs to then cancel […]
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A new FDA-authorized COVID-19 test doesn’t need a lab and can produce results in just 5 minutes

Sat, 28 Mar 2020 03:38:23 +0000
There’s a new COVID-19 test from healthcare technology maker Abbott that looks to be the fastest yet in terms of producing results, and that can do so on the spot right at point-of-care, without requiring a round trip to a lab. This test for the novel coronavirus causing the current global pandemic has received emergency […]
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As the U.S. shuts down, StockX’s business is booming, says its CEO

Sat, 28 Mar 2020 01:07:41 +0000
StockX, the high-flying resale marketplace that connects buyers and sellers of sneakers, streetwear, handbags and other collectible items, has seen its fortune rise along with the $6 billion global sneaker resale market, which is part of the broader $100 billion sneaker category. In fact, the company, which was assigned a billion-dollar-plus valuation last year, says […]
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John Borthwick & Matt Hartman of betaworks discuss coronavirus adaptation strategies

Fri, 27 Mar 2020 22:17:57 +0000
Yesterday, I had the pleasure of hopping on Zoom with betaworks’ John Borthwick and Matt Hartman to discuss the tech world’s adaptation to this new locked-down world, the future of new media and answer questions from the audience. We discussed whether new media companies can raise capital right now, and touched on emerging trends around […]
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Rocket startup Skyrora shifts production to hand sanitizer and face masks for coronavirus response

Fri, 27 Mar 2020 21:49:09 +0000
One of the newer companies attempting to join the rarified group of private space launch startups actually flying payloads to orbit has redirected its entire UK-based manufacturing capacity towards COVID-19 response. Skyrora, which is based in Edinburgh, Scotland, is answering the call of the UK government and the NHS to manufacturers to do what they […]
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