Tag: SoftBank Group
Karius raises $165 million for its liquid biopsy technology identifying diseases in a drop of blood
“What Karius is good at is identifying those novel microbes before they become an outbreak like coronavirus,” says Mickey Kertesz, a chief executive whose life sciences startup just hauled in $165 million in new funding. While the new money may have been raised under the looming threat of Covid 19,…
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Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million
Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain in Colombia, has raised $8.7 million in a new round of funding, according to the company. Led by Kaszek Ventures, the round will support the continued expansion of Ayenda’s chain…
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Join the Q&A with top speakers at TC Sessions: Robotics+AI (March 3)
Over the past four years, TechCrunch has brought together some of the biggest names in robotics: founders, CEOs, VCs and researchers for TC Sessions: Robotics+AI. The show has provided a unique opportunity to explore the future and present of robotics, AI and the automation technologies that will define our professional…
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Uber claims top spot in Indian ride-hailing market
Uber facilitated 14 million rides a week in India last year, the American ride-hailing firm said as it claimed the tentpole position in the key overseas market. In a report (PDF) published on the sidelines of its quarterly earnings Thursday afternoon, Uber said that it commanded over 50% of the ride-hailing…
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Advocating reform, activist investor Elliott Management takes a $2.5B stake in SoftBank
The activist investment firm Elliott Management has steadily amassed a $2.5 billion stake in the headline-grabbing, Japanese technology conglomerate SoftBank even as a series of missteps battered the company’s share price. Famous for its investments in companies like Slack and Uber and infamous for betting billions on the co-working real…
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Indian ride-hailing firm Ola to launch in London on February 10
Ride-hailing firm Ola will begin operations in London on February 10, it said today as the Indian firm slowly expands into new international markets and widens its competition with Uber, another SoftBank portfolio firm. Ola said it will be “fully operational from day one” in London, where it has signed…
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