Jonathan Shieber
Jonathan is an editor at TechCrunch. Previously he worked as a senior reporter for Dow Jones & Co., covering venture capital and private equity investment from New York and Shanghai.
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Latest from Jonathan Shieber
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It’s the New Year and you’re getting laundry-folding robots, because the 1960s thought of everything
The robot laundry-folding wars are heating up. The German appliance manufacturing giant BSH is in the early stages of partnering with the U.S. and Israeli-based laundry-folding robot designer FoldiMate on product development and manufacturing in the latest volley in the battle to bring a commercially viable laundry-folding robot to market. Read More
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Makeup company Deck of Scarlet moves in at Urban Outfitters
The subscription makeup service Deck of Scarlet, a business unit of the subscription-based perfumerie ScentBird, is making the jump to the material retail world with a presence in Urban Outfitters. It’s the latest step in the company’s campaign to take the world of beauty and perfume by storm. The company, which has started with a makeup palette for sale in two Urban Outfitters… Read More
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Safe’s app answers the question ‘Have you been tested for STDs?’
The idea for Safe Group, a new Los Angeles company that’s developed a mobile app to track and verify a user’s sexual health, started on the Playa at Burning Man. The company’s chief executive and co-founder Ken Mayer was dating someone at the time who demanded to see the results of a recent STD test before agreeing to have sex. “I thought, ‘Wouldn’t it be… Read More
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Update: Coinbase up with intermittent suspensions after stopping transactions for crypto
Coinbase, the most popular site for cryptocurrency transactions in the U.S., is back up after a temporary suspension of trading activity today amid a crash in cryptocurrency prices. The company now is informing customers that buys and sells will be “intermittently” offline during the day. A statement on the company’s website this morning read, “Due to today’s… Read More
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FabFitFun expands its empire with a new app for Apple TV and Amazon Fire
FabFitFun, the women’s lifestyle subscription service and media company that’s become a household name among influencers of a certain generation, is expanding its empire with the launch of a new video app for Apple TV and Amazon Fire. The Los Angeles company founded by Daniel and Michael Broukhim has become one of the darlings of the tech scene in Southern California. Read More
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Passport, the technology business for city transit systems, raises $43 million
Passport, company that’s managing much of the technical aspects of how people pay to use public transportation resources in cities like London, Miami and Los Angeles, has just raised $43 million. The money, from Bain Capital Ventures, will go to help the company expand its payment and transaction services nationally and internationally. Read More
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Giving online retailers a physical returns location nets HappyReturns $8 million
As online retailers continue to seek out ways to bridge the digital divide between themselves and their customers, Happy Returns, which provides physical locations for online shoppers to return and refund unwanted purchases, has raised $8 million to help. The Santa Monica, Calif.-based company, raised its new money from U.S. Venture Partners along with previous investors Upfront Ventures… Read More
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SoftBank leads a $120 million round for insurance startup Lemonade
SoftBank’s Vision Fund has finally made a good tech investment around real estate. After investing $4.4 billion in what is essentially a bespoke office space rental business (WeWork) and another $450 million in Zillow for rich people (Compass), the gargantuan Japanese tech investor is leading a $120 million round of funding for Lemonade, a startup providing renters and homeowners insurance. Read More
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Partnering with Techstars and Ecolab, ag giant Cargill returns to tech investing
The world’s largest private agricultural company, Cargill, is returning to tech investment alongside the environmental treatment company Ecolab and Techstars to launch a new accelerator program in Minnesota. It’s been about two years since the agricultural giant Cargill wound down its private equity, hedge fund and venture capital operations with the spin out of its Black River… Read More
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Fyusion is bringing 3D vision technologies to a device near you
More than 15 million users a week launch the Fyuse app to take and share the 3D interactive pictures the technology enables. But what these users may not realize is that their pictures are actually a training tool to help train the eyes of a new generation of devices. Read More
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To ICO or not to ICO?
Initial coin offerings are beginning to be scrutinized much more closely by the Securities and Exchange Commission and come with thorny questions around their actual liquidity. Investors in these ICOs are also looking at short holding periods for their investments. For startups, this means it might be best to go with traditional VC unless you’re a seasoned startup founder. Read More
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With just one day left in open enrollment, companies turn to Stride Health for help
The compressed timelines of this year’s open enrollment period for government-mandated healthcare have left some companies in the lurch, and as the final hours to enroll tick by, they’ve turned to the startup company Stride Health for help. Stride manages a number of different tax and healthcare-related information for customers. Read More
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Ex-Zynga execs raise $15 million for their new gaming studio, Manticore Games
In the eight years since Frederic Descamps and Jordan Maynard launched their last gaming startup, the industry they helped shape now brings in more than $100 billion in revenues globally. There’s been a resurgence in gaming on PCs. User-generated content has produced a string of wildly popular hits. Those trends are exactly what the two are hoping to harness with Manticore Games. Read More
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Wizeline expands its outsourced IT services business into southeast Asia
Wizeline, a provider of outsourced programming services, is expanding its global footprint with agreements to partner with a slew of development shops across Southeast Asia. Founded in 2014, the company’s vision is to provide programming jobs for developers in emerging markets to unlock the local talent pool and expose a new generation and geographies to the startup world. Read More
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Target is buying Alabama-based, same-day delivery service Shipt for $550 million
Target, America’s other favorite old-line retailer (the one that’s not Walmart), is buying delivery startup Shipt in a $550 million all-cash transaction. The deal is another example of how every store in America is responding to the very real threat that Amazon will drink their milkshake and eat their lunch, shortly after it delivers those things to their doors in 30 minutes or less. Read More
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Betting consumers are tired of bad bank behavior, Aspiration raises $47 million for its alternative
A who’s-who of celebrities, investors and celebrity investors have come together to invest $47 million into Aspiration, the company launched by a former speechwriter for President Bill Clinton to challenge the traditional banking industry. Read More
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Brazilian startup Creditas is revolutionizing credit in the world’s third largest lending market
After 12 years working for banks and consulting firms on the digital transformation of financial services, Creditas founder Sergio Furio finally found a problem he felt he could build a business around. Over dinner with his Brazilian wife one night in 2011, she casually mentioned that consumers in her country were paying more than 200 percent interest rates on consumer loans. Read More
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Alohomora! Harry Potter game hits your phone next year with Jam City
Niantic’s much-anticipated Harry Potter follow-up to Pokémon GO is coming next year, but Harry Potter fans who want their first taste of Hogwarts on mobile don’t have to wait, because Harry Potter is coming to the Los Angeles-based mobile gaming studio, Jam City. Read More
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With Norrsken House, ex-Klarna executive envisions a global network of co-working spaces focused on impact
Niklas Adalberth launched the Norrsken Foundation in 2016 with about $20 million of his own money. By early 2017, the first fruits of that funding took shape with the opening of Norrsken House, a co-working space in Stockholm dedicated to companies that are developing technologies that have a social impact. Now, Adalberth has committed another $62 million to expand that vision. Read More
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With markets going crypto-crazy, SEC chairman weighs in
Given the crazy run cryptocurrencies like bitcoin, ether and litecoin have been on in the last week, it was only a matter of time before the Securities and Exchange Commission weighed in. Well, now it has in the form of an open letter from SEC Chairman Jay Clayton. Read More
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