Zoox, the automated vehicle technology startup that was acquired by Amazon this year, has been issued a permit from California regulators that will allow it to test driverless vehicles on public roads. The permit is not for all public roads in the state, but it’s still notable considering the company will be able to test […]

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The tagline from today’s announcement from the United States Attorney’s office for the Southern District of New York says it all: “Adam Rogas Allegedly Raised $123 Million from Investors Using Financial Statements that Showed Tens of Millions of Dollars of Revenue and Assets that Did Not Exist”. Rogas, the co-founder and former chief executive and […]

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What you think when you hear "seed funding" and "A rounds" might be different from what investors think. You both need to be on the same page as you move forward.

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The headlines aren’t always kind to the National Security Agency, a spy agency that operates almost entirely in the shadows. But a year ago, the NSA launched its new Cybersecurity Directorate, which in the past year has emerged as one of the more visible divisions of the spy agency. At its core, the directorate focuses […]

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As people begin to process the announcement from the U.S. Department of Commerce detailing how it plans, on grounds of national security, to shut down TikTok and WeChat — starting with app downloads and updates for both, plus all of WeChat’s services, on September 20, with TikTok following with a shut down of servers and […]

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In the midst of IPO week we have to add another name to our future debuts’ list, namely Chime, which announced a huge new round of capital today. The $485 million Series F values the consumer fintech giant at $14.5 billion, a huge figure given that Chime was most recently worth $5.8 billion after raising […]

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Unity Software, which sells a game development toolkit primarily for mobile phone app developers, raised $1.3 billion in its initial public offering. The company, which will begin trading today with the ticker symbol “U,” priced its shares at the top end of its expected range, selling 25 million shares at $52 per share. The company’s […]

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Outschool, which started in 2015 as a platform for homeschooled students to bolster their extracurricular activities, has dramatically widened its customer base since the coronavirus pandemic began.The platform saw its total addressable market increase dramatically as students went home or campus to abide by COVID regulations instituted by the CDC. Suddenly, live, small-group online learning […]

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NASA is going to be testing a new precision landing system designed for use on the tough terrain of the moon and Mars for the first time during an upcoming mission of Blue Origin’s New Shepard reusable suborbital rocket. The “Safe and Precise Landing – Integrated Capabilities Evolution” (SPLICE) system is made up of a […]

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While Checkout.com has kept a low profile for many years, the company raised $380 million within a year and reached an impressive valuation of $5.5 billion. It wants to build a one-stop shop for all things related to payments, such as accepting transactions, processing them and detecting fraud. You might think that it sounds a […]

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For a company vaunted for its clandestine government work and strong engineering culture, you can’t help but wonder if the government’s bureaucratic norms and paperwork pushing are starting to flood into the Shire. When most companies go public, they file a Form S-1 with the SEC, wait a few weeks through the investor road show, […]

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TechCrunch is embarking on a major new project to survey the venture capital investors of Europe, and their cities. Our survey of VCs in Zurich and Geneva will capture how those cities are faring in terms of investment, and what changes are being wrought amongst investors by the coronavirus pandemic. (Please note, if you have […]

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Yesterday during Disrupt 2020 I sat down with three investors who know the SaaS startup market very well, hoping to get my head around how hot things are today. Coming on the heels of the epic Snowflake IPO (more to come on that in this weekend’s newsletter), it was a great time for a chat. […]

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Like most of the rest of the world, COVID-19 hit the manufacturing sector by surprise. That China — which continues to comprise the vast majority of electronics manufacturing — was the first global epicenter of the virus certainly didn’t help the industry sufficiently brace for the impact of a pandemic on a scale the world […]

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The German Aerospace Center (DLR) has debuted a prototype of what it calls “U-Shift,” an urban mobility vehicle designed for multiple uses. U-Shift is a fully electric vehicle, designed for autonomous operation, and could serve in a number of capacities, including as an on-demand shuttle, a bus, a mobile distribution center for package delivery or […]

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