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Mobile game spending hits record $1.7B per week in Q1 2021, up 40% from pre-pandemic levels

The Covid-19 pandemic drove increased demand for mobile gaming, as consumers under lockdowns looked to online sources of entertainment, including games. But even as Covid-19 restrictions are easing up

Rocket Lab to design two orbital spacecraft for NASA to study Mars

Rocket Lab i s developing two spacecraft based on its Photon platform to orbit Mars, studying the planet’s magnetosphere in order to gain a better understanding of the ways in which Mars’

Andreessen Horowitz goes into publishing with Future

Today, ventu re firm Andreessen Horowitz is officially launching its media property, called Future. I’m on vacation today but couldn’t resist covering this fascinating new project.  The publicati

Messaging social network IRL hits unicorn status with SoftBank-led $170M Series C

Social calen dar app IRL has been busy building a messaging-based social network, or what founder and CEO Abraham Shafi calls a “WeChat of the West.” Following its pandemic-fueled growth a

Carbyne raises $20M more so when death knocks, you don’t answer the door

Chaos and cr isis are sisters, and none more so than when you dial for emergency help. A call to 911 in the United States and urgent numbers globally spins off a number of additional calls to emergenc

CJEU ruling could open big tech to more privacy litigation in Europe

A long running privacy fight between Belgium’s data protection authority and Facebook — over the latter’s use of online trackers like pixels and social plug-ins to snoop on web users

Home services platform Thumbtack raises $275M on a $3.2B valuation to double down on home management

On the heels of making an acquisition in December of home management startup Setter, Thumbtack — one of the pioneers in the home services gig economy — has raised a big round to double dow

Klaxoon introduces whiteboard-focused conference room for hybrid work

French start up Klaxoon is announcing a product update for its whiteboard collaboration platform as well as a new hardware product. With Hybridity, the company is going to sell ready-to-use conference

G2VP VC raises $500 million to fund sustainable tech

G2 Venture Partners, a firm that spun out of Kleiner and Perkins Caufield & Byers, has raised $500 million to support entrepreneurs that aim to make existing industries more efficient, environment

Kai-Fu Lee’s Sinovation bets on Linux tablet maker Jingling in $10M round

Kai-Fu Lee&# 8217;s Sinovation Ventures has its eyes on a niche market targeting software developers. In April, the venture capital fund led a $10 million angel round in Jingling, a Chinese startup de

Duda, a WordPress rival, raises $50M to help agencies and bigger companies build better websites

Self-express ion for many consumers today comes in the form of social media and apps. But if you’re a larger business, even if you can’t ignore platforms like Facebook, a website still rem

Formative, a student learning and analytics platform, raises $70M to challenge the summative, test-based approach to education

Tests are ki ng in many school systems and other educational environments: they are seen as an efficient way to assess what knowledge students have retained, and how well they do on a level playing fi

Twitter is eyeing new anti-abuse tools to give users more control over mentions

Twitter is looking at adding new features that could help users who are facing abusive situations on its platform as a result of unwanted attention pile-ons, such as when a tweet goes viral for a reas

Kia and Uber partner to give drivers in 20 European markets discounts to EVs

Uber and Kia Europe are teaming up to offer drivers in 20 European markets deals on buying, leasing, financing or renting Kia’s e-Niro and e-Soul, the latest move by the ride-hailing giant to achiev

Australian ID verification startup OCR Labs raises $15M Series A to expand into UK/Turkey/Europe

With the gig economy came the need for ID verification, thus startups like OnFido (raised $188.8 million) appeared, alongside several others. But this sector is by no means ‘done’ yet. Now, OCR La

Golden Gate Ventures forecasts a record number of exits in Southeast Asia

Despite the pandemic’s economic impact, Southeast Asia’s startup ecosystem has proven to be very resilient. In fact, a new report from investment firm Golden Gate Ventures predicts a record number

Upflow raises $15 million to manage your outstanding invoices

French start up Upflow has raised a $15 million Series A round. The company wants to help you chase late payments. It optimizes how you collect payments from your customers in order to improve your ca

Jaguar Land Rover to develop a Defender-like hydrogen fuel cell EV

Jaguar Land Rover is developing a hydrogen fuel cell vehicle based on the new Defender SUV and plans to begin testing the prototype next year. The prototype program, known as Project Zeus, is part of

Automotive marketplace Carro hits unicorn status with $360M Series C led by SoftBank Vision Fund 2

Carro, one of the largest automotive marketplaces in Southeast Asia, announced it has hit unicorn valuation after raising a $360 million Series C led by SoftBank Vision Fund 2. Other participants incl

Daily Crunch: The Nubank EC-1

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