Nigeria’s Termii to launch mobile app and scale customer engagement business with new funding
Nigerian communications platform-as-a-service startup Termii has raised $3.65 million in new financing, bringing its total funding to date to slightly $5 million. According to CEO Gbolade Emmanuel, in a chat with TechCrunch, the funds are not needed for operational activities but rather to power the company’s expansion initiatives: developing and
Read moreHSBC rebrands, expands its SVB UK buy as HSBC Innovation Banking
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and
Read moreDjust is a new commerce platform focused exclusively on B2B transactions
Meet Djust, a French startup that essentially wants to build an e-commerce platform like Mirakl, but focused exclusively on business-to-business (B2B) activities. The company recently raised a $13 million funding round (€12 million). NEA is leading the most recent funding round, with Elaia Partners also investing in the company. Elaia
Read moreNio said not to join China’s EV price war. Now it’s cutting $4K across all models
Nio, one of China’s homegrown Tesla challengers, has slashed the prices of all its models by 30,000 yuan ($4,200), the NYSE-listed premium electric vehicle upstart announced on Monday. The news came as EV makers enter a price war in the world’s largest auto market, where BYD, the 28-year-old, Shenzhen-based company
Read moreTesla fuels an EV charging standards war
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Read moreHere are the most richly valued startup types in today’s early-stage venture market
If you want to score the largest possible early-stage valuation, what should your startup focus on? New data makes it clear that the seed and Series A markets are hardly equal when it comes to what venture capitalists are willing to pay for one category of startup over another. Don’t
Read moreFIS acquires, and Better.com lays off
Welcome back to The Interchange! If you want this in your inbox, sign up here. We’ll be taking a break next weekend as Mary Ann and Christine both take much-needed vacations (we didn’t plan this, honestly!) but don’t worry, The Interchange will be back in your inbox on June 25. Consolidation continues in
Read moreTiki, a popular short video app in India, to shut down
Tiki, a short-form video app, is set to cease operations in India on June 27, the latest addition to a growing roster of businesses that have faltered in their attempts to cash in on the void created by New Delhi’s ban on TikTok in the South Asian market. “We regret to
Read moreApple unveils the Vision Pro, iOS 17 brings new features, and WhatsApp launches Channels
Hello, friends, and welcome to Week in Review, TechCrunch’s regular digest of the top tech news over the past several days. Sign up here to get it in your inbox every Saturday. It’s where we highlight the key stories in the week that was (Apple Vision Pro, anyone?) and other
Read moreCan AI make older adults feel less lonely?
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. In the era of quick judgments, it’s tempting to think we are more clever than anyone else. But
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