Atomico Partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report

Atomico Partner Tom Wehmeier reviews ‘The State of European Tech’ 2019 report

Atomico, the European venture capital firm founded by Skype’s Niklas Zennström, has released its latest annual The State of European Tech report, published in partnership with Slush and Orrick. As part of the report, the authors surveyed 5,000 members of the ecosystem — including 1,000 founders — as well as Read more…

the station scooter1a

The Station: Canoo hits the road, Coup shutters and Samsung shifts

Welcome back to The Station, the go-to newsletter for keeping up-to-date on what the heck is going on in the world of transportation. I’m your host, Kirsten Korosec, senior transportation reporter at TechCrunch. Portions of the newsletter are published as an article on the main site after it has been Read more…

Amazon acquires flash-based cloud storage startup E8 Storage

AWS Translate comes to 22 new languages and 6 new regions

AWS seems to be using this week to get some news out ahead of its annual re:Invent developer conference in Las Vegas next week. In addition to new IoT services and updates to its Rekognition AI service, the company also today announced that it is bringing 22 new languages to Read more…

Earth is headed for its second warmest year in recorded history (the record was three years ago)

Earth is headed for its second warmest year in recorded history (the record was three years ago)

Data from the U.S. government sure seems to indicate that the Earth is warming (despite what the current leadership may say). Apparently, the globe just experienced the second-hottest October ever recorded and is on track for the second-hottest year to date on record, according to data from the National Oceanic Read more…

Plug and Play launches an accelerator to develop technologies addressing plastic waste

Plug and Play launches an accelerator to develop technologies addressing plastic waste

The Plug and Play network of accelerator programs is partnering with the non-profit organization The Alliance to End Plastic Waste to create an accelerator focused on developing technologies to reduce, remove or replace plastics in the industrial ecosystem. Like Techstars, Plug and Play operates a number of industry-focused accelerator programs Read more…

Waymo and Renault to explore autonomous mobility route in Paris region

Waymo and Renault to explore autonomous mobility route in Paris region

Waymo and Renault are working with the Paris region to explore the possibility of establishing an autonomous transportation route between Charles De Gaulle airport and La Défense, a neighbourhood just outside of Paris city limits that plays host to a large number of businesses and skyscrapers, including a large shopping Read more…

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

Laurel Bowden of VC firm 83North on the European deep tech and startup ecosystems

London and Tel Aviv based VC firm 83North has closed out its fifth fund at $300 million, as we reported earlier. It last raised a $250 million fund in 2017 and expects to continue the same investment mix, while tracking developments in emerging areas like healthcare AI and autonomous vehicles. Read more…

Amazon orders 100K electric delivery trucks from Rivian as part of going carbon neutral by 2040

Amazon orders 100K electric delivery trucks from Rivian as part of going carbon neutral by 2040

Amazon will be stepping up its efforts to reduce its climate impact, CEO Jeff Bezos announced on Thursday. The company will be ordering 100,000 electric delivery trucks from Michigan’s Rivian as part of this commitment, Bezos said. The commerce giant will seek to meet its goal of becoming carbon neutral Read more…

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

SoftBank-backed Getaround is raising $200M at a $1.5B+ valuation

Getaround, a used car marketplace and winner of TechCrunch Disrupt New York Battlefield 2011, will enter the unicorn club with a roughly $200 million equity financing. The deal values Getaround, founded in 2009, at $1.7 billion, according to an estimate provided by PitchBook. Getaround declined to comment, citing internal policy Read more…

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

With Y Combinator’s seal of approval, MyPetrolPump raises $1.6 million for its car refueling business

Even before pitching onstage at Y Combinator, Indian car refueling startup MyPetrolPump has managed to snag $1.6 million in seed financing. The business, which is similar to startups in the U.S. like Filld, Yoshi and Booster Fuels, took 10 months to design and receive approval for its proprietary refueling trucks Read more…