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Suborbital space tourism finally arrives | FCC prepares to run public C-band auction | The big four in the U.S. launch industry — United Launch Alliance, SpaceX, Blue Origin and Northrop Grumman — hope to be one of two providers that will receive five-year contracts later this year to launch national security payloads starting in 2022. | China’s launch rate stays high | The International Space Station is the largest ever crewed object in space.

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Tom Blomfield takes first board post at...

July 5, 2021

Following on from mid-June when first-time buyer mortgage lending startup Generation Home raised a $30.4m Series A round and a £300m loan facility from NatWest, it’s now adding to its board. Although known for becoming an Angel investor since leaving Monzo, the challenger bank startup he co-founded, Tom Blomfield hasn’t joined any startup boards. That changes today with the news that he is joining Generation Home. The startup launched last year with radically a different model for home buying...

Obviously AI, a no code startup for...

July 5, 2021

Obviously AI founders Nirman Dave and Tapojit Debnath Nirman Dave’s two startups are very different, but both have a DIY spirit. The first, called CircuiTricks and founded during his gap year after high school, created kits to teach students about electronics and physics. Now Dave is chief executive officer of Obviously AI, a no code AI/ML platform that enables people without technical backgrounds to build and train machine learning models. The Berkeley-based company has raised a seed extension that...

This Week in Apps: iOS 15 public...

July 3, 2021

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 using apps on Android devices alone. And in the U.S., app usage surged ahead of the time spent watching live TV. Currently, the average American watches 3.7 hours of...

Startups, culture and riding the meme wave

July 3, 2021

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s broadly based on the daily column that appears on Extra Crunch, but free, and made for your weekend reading. Want it in your inbox every Saturday? Sign up here. Ready? Let’s talk money, startups and spicy IPO rumors. Hey! It’s going to be a long weekend here in the United States, which means that this newsletter is in between myself and being done with work. So, we’re going...

Meet Mighty, an e-commerce platform where kids...

July 2, 2021

Until children reach a certain age, enrichment programs are somewhat limited to school, sports, and camps, while money-making opportunities are largely non-existent. Now, a year-old, L.A.-based startup called Mighty, a kind of Shopify that invites younger kids to open a store online, aims to partly fill the void. In fact, Mighty — led by founders Ben Goldhirsh, who previously founded GOOD magazine, and Dana Mauriello, who spent nearly five years with Etsy and was most recently an advisor to...

Daily Crunch: In one of India’s largest...

July 2, 2021

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 July 2. We are heading into a holiday weekend here in the United States, so you might imagine that tech news slowed down. It did not, as we’ll see shortly. Looking ahead, TC Early Stage 2021: Marketing & Fundraising is next week and Disrupt is around the corner. Get...

Healthcare data sharing: How to improve patient...

July 2, 2021

Paul Johnson Contributor Paul Johnson is the CEO and co-founder of Redirect Health, a company that makes healthcare work end to end using technology and a passion for care. More posts by this contributor Moore’s Law And The 30-Year Rule Far too often, we see medical mixups and even deaths caused by interoperability obstacles in our healthcare system. In these situations, patients in critical conditions cannot speak to their past medical history in an emergency. Upon their recovery but...

California has no water and lots of...

July 2, 2021

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines. Danny, Natasha, and Alex were on deck this week, with Grace on the recording and edit. But, if you want to hear more about Robinhood, this is not the episode for you. If you want to learn more about the consumer fintech company’s IPO filing this is the episode you want. Basically, Robinhood filed after we had wrapped taping, so we had to do a special pod for...

TeamApt will use its new funding round...

July 2, 2021

A great deal has changed since we last covered Nigerian fintech startup TeamApt two years ago. At the time, the company had just closed a $5.5 million Series A round from a single VC — Quantum Capital Partners, a firm owned by Zenith Bank billionaire Jim Ovia. TeamApt has quite the story. CEO Tosin Eniolorunda started the company in 2015 after leaving Interswitch. He was going head-to-head with the billion-dollar company when TeamApt received a license to operate as...

Tiger Global leads $42M Series B in...

July 2, 2021

Neobanks have led the charge as regards venture capital funding for consumer fintech startups. But while they have collectively dominated the fintech space, they don’t operate a monolithic model. There are five distinct models, and the one adopted by Nubank, the $30 billion behemoth, is the credit-led model. Neobanks operating this model start by offering credit via cards or on an app and subsequently offer bank accounts as a gateway to other services. Nigerian fintech startup FairMoney operates this...

Daily Crunch: After quarters of explosive growth,...

July 1, 2021

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 July 1, 2021. It’s Robinood IPO day! That’s the headline, really. This afternoon the American consumer fintech company filed to go public in what will prove to be an early contender for the third-quarter’s most important IPO. We also have a metric ton of other startup news for you....

The 2021 edtech avalanche has just begun

July 1, 2021

Rhys Spence Contributor Rhys Spence is head of research at Brighteye Ventures, a European edtech-focused fund, where he works with portfolio companies to help address priorities, with a focus on internationalization. Last week was a good one for edtech in Europe. GoStudent became Europe’s first edtech unicorn (IPO’d companies aside), raising its third round in 12 months and the biggest ever in the sector in Europe. Brighteye Ventures’ analysis showed that VC investments in European edtech had breached $1...

How Robinhood’s explosive growth rate came to...

July 1, 2021

This afternoon Robinhood filed to go public. TechCrunch’s first look at its results can be found here. Now that we’ve done a first dig, we can take the time to dive into the company’s filing more deeply. Robinhood’s IPO has long been anticipated not only because there are billions of dollars in capital riding on its impending liquidity, but also because the company became something of a poster child for the savings and investing boom that 2020 saw and...

Hepsiburada CEO sets out her vision, as...

July 1, 2021

Hepsiburada — Turkey’s giant online shopping platform considered the Amazon of its country — floats on the Nasdaq today, for a valuation likely to exceed $3.9 billion on current projections, especially with shares being marked up to $14 apiece (up from the previously predicted $12 pricing). But this isn’t the end of the journey for this breakout Turkish tech and e-commerce company, for long-time founder and chairwoman Hanzade Doğan Boyner — who started the business in 1998 no less...

A bank for the creator economy, Karat...

July 1, 2021

The creator economy is changing the way that people earn a living, whether you’re an Instagram influencer or a freelance graphic designer. But traditional banks haven’t caught up. Take Alexandra Botez for example. The Stanford graduate earns six figures playing chess on Twitch, where she has 877,000 followers. But when she tried to apply for a business credit card, she was rejected twice. Meanwhile, when the creator behind TierZoo, a YouTube channel with 2.7 million subscribers, tried to rent...

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