When it comes to retail, it’s Amazon versus the world. That’s been true for a long time and will continue to be so for the foreseeable future. Plenty of factors have contributed to the company’s position as a seemingly unstoppable juggernaut. Among them is Amazon’s canny decision to buy and build fulfillment centers around the…
Before we dive into this week’s biggest news within the robotics space, there’s an announcement of our own to highlight. We’ll be hosting a number of robotics industry experts at our very first Hardware Stage at TechCrunch Disrupt 2023. The stage kicks off on day three of Disrupt on September 21, and features speakers from…
Before we dive into this week’s biggest news within the robotics space, there’s an announcement of our own to highlight. We’ll be hosting a number of robotics industry experts at our very first Hardware Stage at TechCrunch Disrupt 2023. The stage kicks off on day three of Disrupt on September 21, and features speakers from…
In the crowded enterprise robotics space, the ability to secure key clients is a crucial differentiator for companies. In the case of Hong Kong-based Rice Robotics, the important order has come from SoftBank. Since January 2021, Rice’s robots, with their cute, cartoonish blinking eyes, have been delivering 7-Eleven products to Softbank staff at the company’s…
SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Tokyo-based Telexistence said Thursday that it has raised $170 million (23 billion yen) in a Series B round of funding from SoftBank, Airbus Ventures, Monoful Partners, KDDI…
Indian startups experienced a significant contraction in funding in the first half of 2023, revealing the knock-on effect of broader public market instability on young ventures in emerging regions. The first six months of 2023 saw Indian startups raise a mere $5.46 billion, a substantial 68% decline from the $17.1 billion during the same timeframe…
Ironically, the social app IRL‘s users do not exist in real life. An internal investigation by IRL’s board of directors found that 95% of the app’s reported 20 million users were “automated or from bots,” The Information first reported. So, after raising more than $200 million in venture capital, IRL is shutting down. IRL was…
Zume, a tech company most people have probably never heard of—but that was once worth nearly half a billion dollars—is officially dead. The company, which wanted to use robots, data collection, and high tech culinary innovation to disrupt the pizza del…
Five investors talk about the uniqueness of South Korean startups, how they’ve fared in a post-pandemic world and their investment thesis. Profitability over growth: 5 investors explain their mantra for South Korean startups by Kate Park originally published on TechCrunch
We sat down with Judge to discuss his new appointment, and the fund’s potential role in the wake of Silicon Valley Bank’s collapse. Threading the needle: A peek at Paul Judge’s plans for Softbank’s Open Opportunity Fund by Dominic-Madori Davis originally published on TechCrunch
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