Category: TC
Acquired by Mercedes-Benz, YASA’s revolutionary electric motor is set for big things
Tim Woolmer, Founder and CTO, thinks his axial-flux motors could be a mobility game-changer Mike Butcher @mikebutcher / 11 hours Back in July, YASA (formerly Yokeless And Segmented Armature), a British electric motor startup with a revolutionary ‘axial-flux’ motor, was acquired by Mercedes-Benz. The acquisition didn’t exactly garner enormous press…
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Private equity giveth, and private equity taketh away
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Natasha and Alex and Grace and Chris gathered to dig through the week’s biggest happenings, including some news of our own. As a note, Equity’s Monday episode will be landing next Tuesday, thanks to a national holiday here in the United…
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Australia’s TechnologyOne acquires UK-based higher-ed platform Scientia for $16.6M
TechnologyOne, an Australian SaaS enterprise, has agreed to acquire UK-based higher education software provider Scientia for £12 million /$16.6 million in cash. TechnologyOne claims to have 75% of Higher Education institutions in Australia using its software, while Scientia claims 50% market share in the UK. The acquisition includes an initial payment…
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Extra Crunch roundup: Cohort analysis, YC Demo Day recaps, building your supply chain
The ongoing fintech revolution continues to level the playing field where legacy companies have historically dominated startups. To compete with retail banks, many newcomers are offering customers credit and debit cards; developer-friendly APIs make issuance relatively easy, and tools for managing processes like KYC are available off the shelf. To…
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Barbershop technology startup theCut sharpens its platform with new $4.5M round
TheCut, a technology platform designed to handle back-end operations for barbers, raised $4.5 million in new funding. Nextgen Venture Partners led the round and was joined by Elevate Ventures, Singh Capital and Leadout Capital. The latest funding gives theCut $5.35 million in total funding since the company was founded in…
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The Loot project flips the script on NFTs
Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the lens of NFTs: If “NFTs,” “gas” and…
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