Nocnoc, which facilitates cross-border e-commerce between Latin American merchants and global sellers, raised $14 million in Series A funding. PayPal Ventures led the round and was joined by Mouro Capital, Quona Capital, Caravela Capital, Broadhaven and Ignia. This gives the company $22 million in total venture-backed funding to date. Ilan Bajarlia, Joaquin Colella and Diego…
Disney’s Hotstar will offer free streaming of cricket tournaments to mobile users in India, following Reliance’s JioCinema comparable approach that helped it attract millions of viewers. On Friday, Disney+ Hotstar announced it would lift the paywall on the Asia Cup and ICC Men’s Cricket World Cup live streams to let all mobile viewers watch these…
Mary Ann and Alex are back, and once again this week they tapped the TechCrunch roster for expert input. This week the Equity crew were thrilled to welcome Jacquie back to the show! All the cool kids are filling out the Equity listener survey. We want to hear from you! It was a hectic week, with little…
At WWDC this week, Apple revealed its new Vision Pro headset, a platform it described as the advent of spatial computing. The company clearly put a lot of work into building Vision Pro, and VisionOS, the software that powers it, but is it as revolutionary as Apple marketing would have you believe? Today, Darrell is…
Haul247, a Nigerian end-to-end logistics platform connecting businesses to haulage and warehousing assets, has raised a $3 million seed round. Gender-lens investing fund Alitheia Capital provided the equity capital, with Investment One contributing $1 million in debt financing. The logistics startup allows small businesses and large companies to book trucks and warehouses across multiple African…
Make way for another forum on AI safety. The UK government has announced it will convene a “global” AI summit this fall with the aim of agreeing “safety measures to evaluate and monitor the most significant risks from AI”, as its PR puts it. There’s no word on who will attend as yet — but…
COVID-19 has upended many aspects of busienss, including the way enterprises sell software. As the pandemic kept people at home, SaaS sales teams were forced to adjust their strategies. In the past, they relied mostly on in-person meetings to close deals, but with social distancing measures in place during the pandemic, they turned to the…
While cloud computing has transformed just about every industry on Earth, a burgeoning backlash has led some businesses to seek alternatives to the Big Tech-dominated public cloud. Vendor lock-in, spiralling costs, security concerns, and a lack of control over how their data is processed are just some of the reasons companies might retreat from cloud-first…
Ceci Kurzman has spent much of her career building and investing in brands and serving as one of the few Black female board members for companies, including Lanvin, Revlon and Warner Music+. While investing on behalf of some clients interested in beauty and personal care, Kurzman saw a gap in what kinds of products were…
The European Union is leaning on signatories to its Code of Practice on Online Disinformation to label deepfakes and other AI-generated content. In remarks yesterday following a meeting with the 40+ signatories to the Code, the EU’s values and transparency commissioner, Vera Jourova, said those signed up to combat disinformation should put in place technology…





