Category: TC

Early-stage venture firm The Fund launches in Australia

The Fund Australia’s team (l to r): Elicia McDonald, Adrian Petersen, Georgia Vidler, Ed Taylor and Todd Deacon The Fund, the early-stage investment firm focused on pre-seed and seed startups, is going Down Under for its latest expansion. The Fund was founded in New York in 2018, before launching in…

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Scale AI CEO Alex Wang weighs in on software bugs and what will make AV tech good enough

Scale co-founder and CEO Alex Wang joined us at TechCrunch Sessions: Mobility 2021 this week to discuss his company’s role in the autonomous driving industry and how it’s changed in the five years since its founding. Scale helps large and small AV players establish reliable “ground truth” through data annotation…

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Extra Crunch roundup: TC Mobility recaps, Nubank EC-1, farewell to browser cookies

What, exactly, are investors looking for? Early-stage founders, usually first-timers, often tie themselves in knots as they try to project the qualities they hope investors are seeking. In reality, few entrepreneurs have the acting skills required to convince someone that they’re patient, dedicated or hard-working. Johan Brenner, general partner at…

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Telecom giant MTN said to have warned Nigerians of service disruption

Subscribers of MTN, the largest telecom provider in Nigeria, may soon face service disruption in the West African nation, according to a notice seen by some journalists and outlets.  A rise in insecurity challenges in Nigeria is likely to disrupt MTN’s service, Reuters and others said, citing an alert from…

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Andreessen Horowitz goes into publishing with Future

Today, venture 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 publication will initially focus on topics related to areas that the firm invests in but will expand over time using a mix of full-time…

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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 Labs, which emerged from Australia, has announced a €12.5M / $15 million Series A funding round led by…

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