Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes […]
The startup market is taking on more and more risk
Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
Apple’s mixed reality headset may be a standalone device
Apple’s long-rumored mixed reality headset will be powered by two processors, according to renowned analyst Ming-Chi Kuo. In Kuo’s latest research report, and won’t need to be tethered to an iPhone.
Our Black Friday discounts end soon — grab your $20 pass to TC Sessions: Space
If you celebrated the American Thanksgiving yesterday, you’re probably stuffed to the gills and barely able to move. Good news, though. It takes only a few clicks — no cardio required — to score a $20 pass to TC Sessions: Space 2021 before our Black Friday sale ends Sunday, November 28 at 11:59 pm (PT). […]
IoT data collector Samsara’s IPO will be fun to watch
Samsara would have to command a revenue multiple of just under 12x to meet its final private price. Will it manage that? Er, yes. Yes, it will.
The 2022 Polestar 2 is more appealing, affordable and repairable
When Polestar launched its first all-electric vehicle last year, it came in a single flavor: a dual-motor, all-wheel-drive configuration that cost around $50,000 before incentives. Next year, the automaker is adding some variety. Polestar is rolling out a more affordable, single-motor, two-wheel-drive version of the sedan that still offers many of the features of the dual-motor […]
Vauban, an AngelList-like platform for VCs and angels to run and raise funds, closes $6.3m
It’s always been a slight puzzle why AngelList never really properly took off in Europe, especially when, a few years ago, there was such a dearth of funding options for poorly served European startups. But the reasons are fairly simple when you look at them. For starters, the US tech industry boomed in the last […]
Astroscale raises $109M for its on-orbit services technology
Japanese space startup Astroscale has raised $109 million in a new Series F round of financing, bringing the company’s total funding raised to date to $300 million. The company specializes in on-orbit servicing technology, designed to help reduce the amount of debris that exists in operating orbital altitudes, and also to extend the life of […]
Perfeggt brings in first capital to shell out plant-based egg alternative
Worldwide, over 1.3 trillion eggs are produced annually, and Perfeggt co-founders believe this market is largely untapped and has room to grow with plant-based alternatives.
How Pilot convinced Index Ventures to think long-term about margins
Whether you agree or not, it’s hard to ignore the fact that the multipliers in Silicon Valley and the growth of software businesses have changed the way we think about a startup’s timeline.