Tag: Startup

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for August 16, 2021. While the world deals with myriad issues, we’re sticking to our usual remit. Hugs and love to everyone, and here’s hoping for…

LONDON, Aug. 17, 2021 /PRNewswire/ — Lighthouse Advisory Partners, leaders in technology M&A, has advised Snapbytes UK Ltd. Snapbytes, a Top Atlassian Marketplace Partner with over 4,300 global installations of its IT Service Management (ITSM) applications, has been acquired by Appfire, a leading provider of apps that help teams to solve modern challenges with digital solutions. With teams in Istanbul, Turkey and…

STOCKHOLM, Aug. 17, 2021 /PRNewswire/ —  Medius, a leading provider of spend management solutions, is transforming its customer’s electronic invoice management processing with revolutionary patent pending design – ‘touchless capture technology’ – part of the Medius Accounts Payable (AP) Automation suite.  Utilizing Microsoft Azure Machine Learning and Artificial Intelligence (AI), with a user-friendly interface, Medius has developed an e-invoicing solution that captures and converts data dynamically, and dramatically reduces processing time to mere moments. …

Many Southeast Asian digital businesses run into obstacles when seeking early-stage growth financing. They might not want to sell equity in their company, but often struggle to secure working capital loans from traditional financial institutions. That’s where Singapore-based Jenfi comes in, providing revenue-based financing of up to $500,000 with flexible repayment plans that co-founder and…

EV startup Canoo has hired hundreds of employees and is homing in on a production date, but critical milestones including landing a battery supplier remain, according to the company’s second quarter earnings report. Canoo’s earnings report comes just a few weeks after the company’s first investor relations day when it named Dutch company VDL Nedcar…

The pandemic was a catalyst for showing companies looking to cut costs just how much they were spending on their software tools. New York-based Tropic’s platform not only uncovers those savings, but also brings a click-and-approve approach to buying software. Today, the company announced a $25 million Series A round of funding. Canaan Partners led…

Blue Origin, the space company helmed by billionaire Jeff Bezos, is taking NASA to court. The company filed a complaint with a federal claims court on Monday over the agency’s decision to award a lunar lander contract solely to rival company SpaceX. The complaint, which Blue Origin successfully petitioned to have sealed, says NASA’s evaluation…

Roblox is using M&A to bulk up its social infrastructure, announcing Monday morning that they had acquired the team at Guilded that has been building a chat platform for competitive gamers. The service competes with gaming chat giant Discord, with the team’s founders telling TechCrunch in the past that as Discord’s ambitions had grown beyond…

© Bloomberg. This overview shows the Johan Sverdrup oil field in the North Sea west of Stavanger, Norway, on January 7, 2020. Photographer: Carina Johansen/AFP/Getty Images (Bloomberg) — Norwegians own more electric cars per capita than anyone else on the planet. But their obsession with Teslas has done little to persuade the nation that there’s…

SHANGHAI, Aug. 15, 2021 /PRNewswire/ — Arctic Vision, a China-based biotech company focused on innovative ophthalmic therapies, announced today the entering of an amendment to the exclusive license agreement with its partner Clearside Biomedical, Inc. (Nasdaq: CLSD) (“Clearside”), to expand the licensed territory for ARVN001 (triamcinolone acetonide suprachoroidal injectable suspension, known as XIPERE™ in the U.S.) from Greater…