Category: TC
Gotrade gets $7M led by LocalGlobe to let investors around the world buy fractional shares of U.S. stocks
Stock in many American companies, like Amazon, Alphabet or Tesla, can host hundreds or thousands of dollars per share. Fractional trading, or buying part of a single share through a brokerage, makes them more accessible—at least to people within the United States. Investors in other countries, however, often have to…
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Archer Aviation hits back against rival Wisk Aero’s request for injunction in trade secret suit
Archer Aviation is ramping up its defense against claims by rival Wisk Aero that it misappropriated trade secrets. Archer, which unveiled its Maker eVTOL earlier this month, alleged in a court filing late Wednesday that Wisk learned of Archer’s aircraft design weeks before it filed its patent design application –…
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Daily Crunch: Google and Jio Platforms unveil ‘extremely optimized Android’ phone for Indian consumers
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello and welcome to Daily Crunch for June 24, 2021. There’s an ocean of tech news to get through today, but up top if you care about…
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Nixie’s drone-based water sampling could save cities time and money
Regularly testing waterways and reservoirs is a never-ending responsibility for utility companies and municipal safety authorities, and generally — as you might expect — involves either a boat or at least a pair of waders. Nixie does the job with a drone instead, making the process faster, cheaper, and a…
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Sneaker marketplace GOAT hits $3.7B valuation in Series F raise
Sneaker and streetwear empire GOAT just doubled its valuation in a massive new raise. The GOAT Group parent company shared today that it has raised $195 million in a Series F raise valuing the fashion giant at some $3.7 billion. The raise was led by a handful of hedge funds…
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Databricks co-founder and CEO Ali Ghodsi is coming to TC Sessions: SaaS
In many industries, Databricks has become synonymous with modern data warehousing and data lakes. Since it’s exactly these technologies that are at the core of what modern businesses are doing around operationalizing their data, data engineering and building machine-learning models — and since Databricks is at the forefront of startups…
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