December 2018

China’s BYD further drives into Chile with 100 electric buses

By | December 14th, 2018|Technology|

Over the past few years, Chinese automaker giant BYD has been on a partnership spree with cities across China to electrify their public transportation systems, and now it’s extending its footprint across the globe. On Thursday, BYD announced that it has shipped 100 electric buses to Santiago, the capital city of Chile. The step marks [...]

LemonBox, which brings US vitamins to Chinese consumers, raises $2M

By | December 14th, 2018|Technology|

LemonBox, a Chinese e-commerce startup that imports vitamins and health products from the US, has raised $2 million to develop its business. The company graduated from Y Combinator’s most recent program in the U.S. and, fuelled by the demo day, it has pulled in the new capital from 10 investors which include Partech, Tekton Ventures, [...]

IMAX pulls the plug on its dream of VR arcades

By | December 14th, 2018|Technology|

The company behind the biggest screens in cinema is giving up on bringing VR screens within a few inches of users’ faces. The company announced today in a SEC filing that it will be shutting down its three remaining virtual reality centers including its flagship location in Los Angeles. Via the filing: In connection with [...]

Buy your tickets to the 2nd Annual TechCrunch Winter Party

By | December 13th, 2018|Technology|

We love parties almost as much as we love startups, but we go absolutely bonkers for a hot startup-party mashup. That’s why we’re returning to host our 2nd Annual TechCrunch Winter Party in San Francisco on Friday, February 8. Even better news, party-goers — the first batch of coveted tickets to this wild winter romp [...]

Glose raises $3.4 million for its collaborative reading app

By | December 13th, 2018|Technology|

French startup Glose just raised a $3.4 million funding round (€3 million) for its reading app on iPhone, iPad and Android. The company wants to make reading books more social. If you’re an avid book reader, chances are you always carry a pencil with you to write some notes in the margins. Or maybe you [...]

Volvo Trucks teases the all-electric semi truck it’s bringing to California in 2019

By | December 13th, 2018|Technology|

Volvo Trucks released teaser images Wednesday of the electric trucks it plans to bring to California next year as part of a demonstration project, the latest truck manufacturer to publicize its electric plans in the state. The attraction to California is no accident. The state has set aggressive targets to improve air quality and reduce [...]

‘The Mandalorian’ cast includes Pedro Pascal, Gina Carano … and Werner Herzog

By | December 13th, 2018|Technology|

Lucasfilm has released an initial cast list for “The Mandalorian,” the live-action Star Wars series that Jon Favreau is creating for the upcoming streaming service Disney+. Pedro Pascal, who had a brief-but-glorious run on “Game of Thrones” as Oberyn Martell, will star in the title role — Lucasfilm describes his character as “a lone Mandalorian [...]

Tigera raises $30M Series B for its Kubernetes security and compliance platform

By | December 12th, 2018|Technology|

Tigera, a startup that offers security and compliance solutions for Kubernetes container deployments, today announced that it has raised a $30 million Series B round led by Insight Partners. Existing investors Madrona, NEA and Wing also participated in this round. Like everybody in the Kubernetes ecosystem, Tigera is exhibiting at KubeCon this week, so I [...]

Starbucks challenger Luckin snags $200M investment on $2.2B valuation

By | December 12th, 2018|Technology|

Luckin, a startup that vows to topple Starbucks’ dominance in China, announced on Wednesday that it’s lifted its valuation to $2.2 billion after raising $200 million in a series B funding round. That came only five months after the coffee upstart, which soft-launched in January, picked up $200 million in investment. Luckin has been on a spending spree [...]

Indonesia e-commerce leader Tokopedia raises $1.1B from Alibaba and SoftBank’s Vision Fund

By | December 12th, 2018|Technology|

Indonesia-based e-commerce firm Tokopedia is the latest startup to enter the Vision Fund after it raised $1.1 billion Series G round led by the SoftBank megafund and Alibaba. SoftBank and Alibaba are existing investors in the business — the Chinese e-commerce giant led a $1.1 billion round last year, while SoftBank recently transitioned its shareholding [...]