Winnow, the U.K. startup that has developed smart kitchen tech to help commercial kitchens reduce food waste, continues to be on a roll. It counts the likes of IKEA, Compass Group, and AccorHotels as customers, and estimates its 600-plus clients are saving 4,300 tonnes of food waste annually through the use of the Winnow system.
The large number of new venture capital funds may hint at broader structural changes in the startup ecosystem, but for the young and eager partners at the helm of many of these funds, all the rush of money means is more competition. Ian Rountree, the twenty something captain at the helm of Cantos Ventures, an
Translation earbuds might eliminate some utilitarian reasons to know a language, but if you want to understand jokes, read poetry, or fall in love in a foreign tongue, you’ll have to actually learn it. Unfortunately, products like Rosetta Stone leave people feeling burned after claiming the process should be easy while never helping you practice
Stadium Goods, the online (and brick and mortar) marketplace for highly sought after sneakers and streetwear, is launching its first app. Live today to coincide with the startup’s two year anniversary, the first iteration of the app is basically just a mobile marketplace. But Stadium Goods plans to eventually build out this functionality and take
Stitch Fix has filed to go public, finally revealing the financial guts of the startup which will be a test of modern e-commerce businesses that are looking to hit the market — and the numbers look pretty great! Let’s start off really quick with profits: aside from the last two quarters, Stitch Fix posted a
Intel Capital, the investment arm of the processor giant, is today announcing its latest tranche of investments, a total of nearly $60 million going in to 15 startups that are working on solving different problems in the bigger area of big data (with a full rundown below). The investments come on the back of a
Bubbleproof is a new mockumentary series following the misadventures of Reputation.com founder Michael Fertik and venture capitalist David Cowan as they launch a new fund. But I’m getting ahead of myself. In this first episode, Fertik (who co-wrote the series with Cowan and director Martin Sweeney) is dealing with newfound celebrity as the visionary behind “femto
PayKey’s team Banks face an increasingly crowded battlefield in the fight for millennial customers. Not only do they have to compete with services like Venmo, but many messaging apps are adding their own peer-to-peer payment services. Tel Aviv-based startup PayKey thinks it has the solution with a smartphone keyboard that lets bank customers access financial
In what could amount to a sea change in the way we transmit data over fiber optics, researchers at University College London have found a new way speed things up by changing the color of the transmitted light. “To maximise the capacity of optical fibre links, data is transmitted using different wavelengths, or colours, of
Atlas Informatics, whose Atlas Recall promised an intuitive and powerful way to index all your information across many services, is shutting down less than a year after launch. There will be no long sunset period: all user data will be deleted next Friday, the 27th. I wrote about the Seattle-based company last November; the idea
While you’ve already got Yelp and other apps to help you figure out where to eat, Truffle is designed specifically for sharing recommendations with friends and other people you know. A new update should make that sharing even easier. The big addition is an iMessage app, which means (you guessed it) that Truffle is now
Thanks to the Internet, you can order regular deliveries of everything from clothing to razors to geeky memorabilia. With Bespoke Post, you’re not just limited to one type of products — it ships its customer “box of awesome” that could be focused on style, travel, alcohol or something else entirely. Co-founder and CEO Rishi Prabhu
Prenetics, a genetic testing startup, plans to expand into more Asian countries after raising a $40 million Series B led by Beyond Ventures and Alibaba Hong Kong Entrepreneurs Fund. The round also includes capital from Yuantai Investment Partners, mFund and eGarden Ventures, and brings Prenetics’ total raised so far to $50 million. The capital will
“It’s a way to give people a chance to have fun, maybe win, maybe learn something new.” That’s how former Vine co-founder Rus Yusupov describes his new trivia game show app HQ, which feels like Who Wants to Be a Millionaire meets Facebook Live. At 3pm and 9pm Eastern, thousands of people open up HQ’s
We’re excited to be premiering a new mockumentary series about the startup world; watch the first four episodes of Bubbleproof right here on TechCrunch. The show stars Reputation.com founder Michael Fertik and David Cowan of Bessemer Venture Partners. Fertik and Cowan play fictionalized (?) versions of themselves — the successful entrepreneur who becomes even more insufferable when
Eyewear e-commerce giant Warby Parker is accused of signing partnership contracts and NDAs with online eyeglass prescription test startup Opternative, then stealing the technology to launch its own competing “Prescription Check” feature. That’s according to a legal complaint filed by Opternative last month that was unsealed today as the lawsuit unfolds. Opternative is seeking extensive
Boston and its surrounding universities are jam-packed with big ideas, but the problem is that many of them never get out of the lab. MIT president Rafael Reif recognized this and decided the city needed an engine to push those ideas and The Engine — part venture capital firm, part business incubator — was born.
Alex Wilhelm is the editor-in-chief of Crunchbase News and co-host of Equity, TechCrunch’s venture capital-focused podcast. More posts by this contributor: Silicon Valley may be the techiest place on earth, but even here, the way people open the front door hasn’t changed much in a century. Most of us still get in by turning a
While Airbnb continues to grow its number of hosts and guests on the platform, sending the hotel industry into a frenzy, landlords and building owners don’t share the same enthusiasm for the home-sharing platform as Airbnb users. But the company has a new plan that gets each party on board with home-sharing. The company is
Steve Wozniak, the Apple cofounder who changed the world alongside Steve Jobs, has today announced the launch of Woz U, According to the release, Woz U will start out as an online learning platform focused on both students and companies that will eventually hire those students. Woz U is based out of Arizona, and hopes
Building a token sale is at once quite simple — you build a token and sell it — and quite complex. A number of issues crop up immediately, including, but not limited to, the need for an expensive team of lawyers, marketers, social media experts and, until now, an expensive crew to build your smart
Some employees at Outcome Health, which provides advertising for pharmaceutical companies in screens within doctors’ offices, allegedly misled advertisers by charging them for ad placements on more video screens than the company had installed, according to a report by The Wall Street Journal. The startup installs screens in doctors’ offices free of charge and then
The sharing economy continues to bear fruit. CarHopper, a platform for luxury car rental, has raised a $1.5 million seed round to expand to new markets. CarHopper started out as a peer-to-peer platform for luxury car owners — think Lexus, Mercedes and BMW all the way up to Ferrari and Rolls Royce — to rent
One night in Larry Guterman’s freshman year, he was at a loud party in a gym — and ended up with what he says was “ferocious” ringing in his ears afterward. But trip after trip to an audiologist, he said, came up without helpful results even though his hearing seemed to be headed south. Then,
On October 11, TechCrunch and Facebook hosted Startup Battlefield Africa in Nairobi, Kenya. The Startup Battlefield pitch-off competition featured startups from all over Africa in three categories: Productivity and Utility, Social Good, and Gaming and Entertainment. Top notch investors and founders served as judges to pick the winners in each category as well as an overall
FastPay has acquired AnchorOps in a deal that brings together two businesses focused on media financing. FastPay’s model revolves around lending money to digital media companies, helping them deal with cashflow issues as they wait to get paid by advertisers. AnchorOps, meanwhile, has built invoicing and payments software for those media companies. In the acquisition
The phone number is probably one of the most important identifying numbers in your life — it’s how people reach out and get in touch with you outside of Facebook, Google, and whatnot. But the landline phone number, especially for small businesses, has basically gone nowhere in years. That’s where NumberAI and Tasso Roumeliotis’ team come in.
MioTech, a financial tech startup with offices in Hong Kong and Shanghai, has raised $7 million in Series A funding to develop artificial intelligence based software for investment managers. The round was led by Horizons Ventures, the private investment arm of Hong Kong business tycoon Li Ka-shing, with participation from returning investor Zhenfund. MioTech’s graph
Houzz is expanding its presence in India by partnering with Times Bridge, the investment arm of The Times Group. As a result of the deal, Houzz said its content will be integrated into The Times Group’s online properties, including the Times of India. A Houzz spokesperson said this will be “the authentic Houzz experience” with the
Uber, SpaceX and Stripe rely on Solium to keep track of all their shareholders and stock plans; 10,000 smaller startups turn to Capshare for more streamlined equity software that’s not clumsy like spreadsheets. Now Solium is buying out Capshare and letting it run independently, so together they can handle shareholder management from inception to IPO.