- CRUNCH NETWORK
Four ways African countries can ensure digital innovation benefits the entire population
When Rwanda’s socioeconomic turnaround is discussed, the country’s disciplined approach to economic growth and commitment to avoiding the pitfalls of corruption are usually highlighted. However, while these components certainly played a significant role, another key factor in Rwanda’s transformation is often overlooked. Read More - CRUNCH NETWORK
The technology-driven transformation of wealth management
In today’s digital world, everyday functions such as making dinner reservations or hailing a taxi are done at the touch of a button. Similarly, other, more complex and esoteric functions, such as wealth management, are also moving toward automation. This evolution is enabled by the creation of state-of-the-art software, which has helped make wealth management more consumer-friendly… Read More European online travel marketplace Evaneos picks up $21M funding
Evaneos, the European travel marketplace, has beefed up its coffers once again. The French startup has raised a further $21 million in funding, money it will use to continue developing the product and for international expansion, including a planned U.S. launch. Read MoreTheranos’ COO retires as the troubled bio-tech startup overhauls its organizational structure
The chief operating officer of Theranos, the beleaguered medical diagnostics startup currently under federal investigation for allegedly making misleading claims about its blood analysis technology, is stepping down as the company reorganizes its structure. Read MoreIndian online lending platform Capital Float picks up $25M Series B
Capital Float, an online lending platform for small businesses in India, announced today that it has closed a $25 million Series B. Read MoreTreating the healthcare issue with tech
The healthcare industry, with its maddening inefficiencies and an economic model that incentivizes disease care over health care, desperately needs a Silicon Valley-style overhaul. Why is the nation’s $3 trillion creaky, monstrous and convoluted healthcare sector seemingly impervious to technological change? Read MoreAnd the winner of TechCrunch Disrupt NY 2016 is… Beam
The competition has been incredibly fierce, but we now have a winner. At the very beginning, there were 22 startups. We hand-picked all these great companies from the wild world of startup land so that they could compete in our highly competitive startup competition — the Startup Battlefield. They all presented in front of multiple groups of tech leaders serving as judges. The startups… Read MoreJeremy Hitchcock steps down as CEO of Dyn
Just a day after announcing a $50 million round of funding, Internet performance management company Dyn is revealing there’s been a change in leadership — co-founder Jeremy Hitchcock is stepping down as CEO. “I’ve done a nice and effective job of getting the company from A to B, but now I’m thinking about helping the company get from B to C,” Hitchcock told me. Read MoreSunrise will sunset on August 31st 🌅
We all saw it coming, but it’s still hard to swallow. Well-designed calendar app and service Sunrise will be removed from the stores in the next few days. The servers will be shutting down on August 31st. Read More
Justin Kan accepts Y Combinator Fellowship pitches over Snapchat
One of the latest Snapchat trends (at least in our little tech bubble) is venture capitalists using the social media platform as a way to dish out advice to aspiring entrepreneurs. People like Mark Suster, Gary Vaynerchuk and Justin Kan preach on topics ranging from how to ask for an email intro to the importance of physical activity for startup founders. But here’s the thing —… Read MoreBolt Threads raises $50 million to brew spider silk, inks deal with Patagonia
If the idea of wearing spider silk intrigues, the idea of managing a farm full of spiders isn’t all that appealing. A startup called Bolt Threads has developed a means of brewing spider silk and other insect fibers, and spinning then into yarn, making them accessible to makers of apparel, upholstery and more. Read MoreFront makes email collaboration much smoother
Front started out as an app to manage shared email addresses. With Front, you can collaborate, comment, assign and reply to those pesky emails that you receive on your support@, jobs@ or contact@ email addresses. After adding more channels, Front has released a major update to refine its service with more power Read MoreDon’t copy the Valley, copy Brooklyn
With Silicon Valley pretty much a trash fire right now it would behoove small cities to look elsewhere when trying to create centers of innovation. While Brooklyn, that gem of an island surrounded by bodies of water containing guns, dolphins, and scum, is not perfect, it’s a pretty solid choice for hardware, software, and services startups to emulate. As I’ve traveled around the… Read MoreWireless charging startup uBeam accused of being the next Theranos
uBeam could be vaporware, according to a blogger claiming to be uBeam’s former VP of engineering. They accuse the startup of being unable to fulfill promises made about its technology. [Update: Reporter Lee Gomes confirmed with the author that they are former uBeam VP of Eng Paul Reynolds. More below] uBeam says it’s building a device that could wirelessly charge your phone or… Read MoreMonetization, churn and how to stand out in the mobile dating space
Today at TechCrunch Disrupt NY we had Robyn Exton of Her, Dawoon Kang of Coffee Meets Bagel and Whitney Wolfe of Bumble discuss the latest trends in the mobile dating space. Two of the apps, Her and Bumble, both let you use their platform to find friendship as well as relationships. Whitney Wolfe of Bumble said that the feature has led to tremendous engagement, and is even showing signs… Read MoreWhy DoorDash has to strike a balance between profitability and growth
DoorDash CEO Tony Xu says the company is cash-flow positive in some of its early markets — but the company still has to invest in its growth. That’s the reason the company raised $127 million in a new venture financing round. But it wasn’t without hiccups: DoorDash reportedly wasn’t able to get the $1 billion valuation it was looking for, and had to settle for a… Read MoreJessica Alba on the past, present and future of The Honest Company
Four years after her appearance at Disrupt SF 2012, Jessica Alba took the Disrupt NY stage to discuss The Honest Company’s latest news. Alba started by touching on the company’s early days, which was plagued with the usual technology issues faced by young startups, like website downtime and even occasionally having to process credit cards by hand. Alba and CMO Chris Thorne then… Read MoreFormer Citigroup CFO Sallie Krawcheck launches Ellevest, a digital investment platform for women
Former Citigroup CFO Sallie Krawcheck launched her anticipated new startup, a digital investment platform for women called Ellevest, this morning from the TechCrunch Disrupt NY 2016 conference’s stage. Krawcheck is not your typical startup founder, which makes her entry in the investing space particularly interesting. Prior to Ellevest, she was the president of Global Wealth and… Read MoreSoracom, an IoT platform provider based in Japan, scores $22M to break into the U.S. market
Soracom, a Tokyo-based startup that provides a communication platform for developers of connected devices, announced today that it has raised a 2.4 billion yen (about $22 million) Series B from World Innovation Lab, Infinity Venture Partners, and other investors, to enter the United States and other markets. Read More
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