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Today — 27 February 2025TechCrunch News

Just Move In raises $8M Series A for its home setup service 

27 February 2025 at 06:47

Fintech has fragmented into increasingly specialized, cucumber-sliced micro-services, ranging from embedded buy-now-pay-later loans to specialized neo banks to yet more payment processing systems. What opportunities remain for innovators in such a fragmented landscape? One U.K. startup, Just Move In, zoomed out and realised that the home had been overlooked by everyone in the industry. And […]

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Stripe finalizes tender sale at a $91.5B valuation, says payment volumes grew to $1.4T in 2024

27 February 2025 at 06:32

Digital payments platform Stripe has yet to lay out plans to go public, but in the meantime the company has thrown past and present employees a line for some liquidity. The company on Thursday confirmed a tender offer where investors will buy up shares from those employees at a valuation of $91.5 billion. Stripe said […]

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IBM closes $6.4B HashiCorp acquisition

27 February 2025 at 06:20

IBM has finalized its multi-billion dollar HashiCorp acquisition, two days after the U.K.’s antitrust regulator gave the deal its blessing. A spokesperson confirmed to TechCrunch that the U.S. Federal Trade Commission (FTC) had quietly greenlighted the acquisition earlier this week prior to the U.K.’s Competition and Markets Authority (CMA) on Tuesday. Today’s announcement comes 10 […]

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Amazon debuts Ocelot, its first quantum computing chip

27 February 2025 at 04:56

Amazon Web Services (AWS) has introduced Ocelot, its first quantum computing chip. The news brings it into line with its big cloud rivals Microsoft and Google, which have also unveiled their own quantum chips in recent months, respectively Majorana and Willow. The cloud computing giant has long been investing in the quantum computing space, starting […]

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Unique, a Swiss AI platform for finance, raises $30M

27 February 2025 at 02:34

A four-year-old Swiss startup has raised a sizable chunk of change to capitalize on the burgeoning “agentic AI” movement. Unique said on Thursday that it has raised $30 million in a Series A funding round that was led by London-based VC firm DN Capital and CommerzVentures, the investment offshoot of Germany’s Commerzbank. “Agentic AI” is […]

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Taktile helps fintechs build automated decision-making workflows

27 February 2025 at 02:00

The automated logic behind many financial decisions — for example, decisions that determine whether a client is approved for a credit line — is hard-coded. Often, it’s not easily changed. If a head of credit at a bank wanted to adjust the bank’s lending criteria, for example, they’d likely have to raise a ticket with […]

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Instagram may spin off Reels into a separate app

27 February 2025 at 00:43

Meta is mulling launching a standalone app for short-form videos, The Information reported, citing an anonymous source who heard Instagram head Adam Mosseri talking about the project to staff. The project is reportedly code-named Project Ray that aims to improve recommendations for new users and existing users in the U.S., and feature more three-minute videos, […]

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Yesterday — 26 February 2025TechCrunch News

Apple iPhone 16e review: An A18 chip and Apple Intelligence for $599

26 February 2025 at 18:00

Apple delivered its latest budget handset, the $599 iPhone 16e, without pomp. There was no big event in person, nor was there one online. No journalists scrambled through hoards of colleagues to snap photos of the phone. Instead, CEO Tim Cook tweeted out that new hardware was on the way, days before Apple announced the […]

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Europe’s Relay pulls in $35M Series A after applying Asia’s model to delivery

26 February 2025 at 17:01

Being somewhat later than Europe in adopting the idea of parcel delivery, much of Asia built its delivery infrastructure around e-commerce, effectively “Uberizing” how deliveries worked down to the last mile. Think DoorDash but for parcels, not food. This is what the founders of Europe’s Relay realized and decided to bring to the region — […]

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Lonestar and Phison’s data center infrastructure is headed to the moon

26 February 2025 at 16:56

Data storage and resilience company Lonestar and semiconductor and storage company Phison launched a data center infrastructure on a SpaceX rocket on Wednesday that’s headed to the moon. The companies are sending Phison’s Pascari storage — solid state drives (SSDs) built for data centers — packed with Lonestar’s clients’ data on a SpaceX Falcon 9 […]

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Commercetools, a pioneer in ‘headless commerce’, lays off dozens of staff

26 February 2025 at 16:15

Commercetools — a “headless commerce” platform that provides APIs to companies building online storefronts — saw a major boost in its business just a few years ago, raising money at a whopping $1.9 billion valuation as the world went shopping online in the wake of the COVID-19 pandemic, and businesses rushed to improve their e-commerce […]

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Shop Circle raises $60M to encircle e-commerce with an app suite

26 February 2025 at 16:07

The boom in e-commerce post-pandemic meant shops moved online. However, some merchants ended up with dozens of separate app providers to accommodate everything from supply chains, to inventory, to marketing. The founders of Shop Circle realized this and either built or bought many such apps. The company has now raised $60 million in a Series […]

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Nvidia CEO Jensen Huang shrugs off DeepSeek as sales soar

26 February 2025 at 15:54

Nvidia CEO Jensen Huang is more bullish about Nvidia's sales than ever, despite a market panic last month induced by China's DeepSeek.

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Meta’s Oversight Board is reviewing the company’s new hate speech policies

26 February 2025 at 15:53

Meta’s Oversight Board, the company’s independent group created to help with sensitive policy decisions, is preparing to weigh in on CEO Mark Zuckerberg’s recent changes to how Facebook, Instagram, and Threads handle hate speech, Engadget reported. Zuckerberg announced an overhaul of its content moderation policies in January, shortly before the inauguration of U.S. President Donald […]

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With Alexa+, Amazon makes an intriguing play in the consumer agent space

26 February 2025 at 15:32

Amazon shared an impressive vision of an “agentic” future on Wednesday — one in which the company’s improved Alexa, Alexa+, handles countless mundane tasks, from booking restaurants to finding appliance repairmen. If Amazon can deliver, it could be the first out to the gate with a comprehensive, consumer-focused agent tool. The company hopes to marry […]

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Trump signs executive order to expand DOGE’s spending review powers

26 February 2025 at 15:32

In a newly issued executive order (EO), the Trump administration has instructed the Department of Government Efficiency (DOGE), the Elon Musk-advised initiative to reduce federal spending, to create a “centralized technological system” in every agency to record contract and grant awards. As part of the ramp-up of these systems, agency employees who approved individual contract […]

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a16z hires former Republican congressman Patrick McHenry as advisor

26 February 2025 at 15:28

Former North Carolina congressman Patrick McHenry announced Wednesday that he landed a job with VC firm Andreessen Horowitz. He will be a senior advisor. His post on X said little about what the job entails, except to be advocating for startups (which a16z likes to call “little tech”) with policymakers. Andreessen Horowitz did not immediately […]

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Maternity clinic Millie nabs $12M Series A from an all-star, all female class of VCs

26 February 2025 at 15:05

Millie, a California-based maternity clinic, founded by Anu Sharma, announced the raise of a $12 million Series A by investors including RH Capital, TMV, and Melinda French Gates’ Pivotal Ventures.  Sharma was inspired to launch the company after the birth of her daughter in 2019. She faced pregnancy complications and, as the child of a […]

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Avride’s sidewalk delivery bots land in Japan

26 February 2025 at 13:09

Avride sidewalk bots will start delivering restaurant orders and groceries in central Tokyo this week through a partnership with e-commerce giant Rakuten, the latest commercial expansion by the Yandex spinout into Northeast Asia. The Austin-based autonomous vehicle startup is one of four projects under Nebius Group, a Netherlands-based company formerly called Yandex NV that sold […]

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Here are all the tech companies rolling back DEI or still committed to it — so far

26 February 2025 at 12:00

Companies around America have started cutting DEI programs and eliminating DEI commitments from public documents in response to legal and political threats from the Trump administration. Just a few weeks ago, Attorney General Pam Bondi instructed the Department of Justice to “investigate, eliminate, and penalize,” DEI programs deemed illegal in private sector companies that receive […]

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