Data transformation startup Tobiko may not be a household name yet, but you may have seen co-founder and CEO Tyson Mao on “Beauty and the Geek” back in the aughts and his co-founder, brother and CTO Toby Mao, on the speedcubing circuit. (Both have held world records in the past, and Tyson co-founded the World […]
AI manufacturing startup funding is on a tear as Switzerland’s EthonAI raises $16.5M
As factories and manufacturing facilities have gotten “smarter” through sensors, robotics and other connected technologies, this has created a potential treasure trove of data that can be mined for insights on bottlenecks and other areas for improvement. Or maybe even to just expedite processes that would otherwise require significant manual spadework. But much of this […]
The demise of BaaS fintech Synapse could derail the funding prospects for other startups in the space
Welcome to TechCrunch Fintech! This week, we’re looking at the long-term implications of Synapse’s bankruptcy on the fintech sector, Majority’s impressive ARR milestone, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 7:00 a.m. PT, subscribe here. The big story Last week, we […]
Meesho, an Indian social commerce with 150M transacting users, secures $275M in new funding
Meesho, a leading e-commerce startup in India with about 150 million transacting users, has secured $ 275 million in a new funding round, it disclosed in a securities filing. The new funding is part of a larger financing round, which is likely to include secondary transactions and balloon to over $ 500 million, people familiar […]
After a $20M Series A funding, Germany’s Insempra plans eco-friendly lipid production
Lipids are fatty, waxy or oily compounds that, for instance, typically come in the form of fats and oils. As a result they are heavily used in the production of beauty products, as well as in fashion, and food industries. Right now, most lipids come from environmentally problematic petrochemicals. But new processes mean its possible […]