LocalGlobe, the London seed-stage VC, is raising a new fund aimed at Series B

LocalGlobe, the seed-stage venture capital firm founded by father and son duo Robin and Saul Klein, and one of the most active firms in the U.K., is gearing up to launch a new separate fund aimed at Series B. According to sources — and since confirmed by LocalGlobe — the …

Tech giants take seats on Homeland Security’s new supply chain task force

Homeland Security’s supply chain task force is finally off the ground.. The public-private coalition, set up earlier this year, now has representatives from more than two dozen companies and industry groups signed up to help the government try to combat risks faced by tech companies from threats in the supply …

Standard Cognition raises $40M to replace retailers’ cashiers with cameras

The Amazon Go store requires hundreds of cameras to detect who’s picking up what items. Standard Cognition needs just 27 to go after the $27 trillion market of equipping regular shops with autonomous retail technology. Walk into one of its partners’ stores and overhead cameras identify you by shape and …

EnduroSat CEO to talk about making satellites more affordable at Disrupt Berlin

It has never been easier to launch a satellite into space. But EnduroSat wants to make it even easier by making CubeSats more affordable thanks to a unique platform. That’s why I’m excited to announce that EnduroSat CEO Raycho Raychev is coming to TechCrunch Disrupt Berlin to talk about his …

How to grow your online store while working a full-time job

Becoming an online entrepreneur with a store of your very own is an exciting venture. With a traditional brick-and-mortar store, your customers are limited to those who walk through your doors. But if you do a good job of promoting your online store through social media, SEO and pay-per-click advertising, you …

Netflix is testing a mobile-only subscription to make its service more affordable

Netflix is testing a cut-price mobile-only subscription as it explores new packages aimed at widening its appeal in Asia and other emerging markets. CEO Reed Hastings told Bloomberg last week that the company would test lower-priced packages and it hasn’t taken long for those experiments to come to light. The …

Calm heads to the airport, invests $3 million in XpresSpa

Wellness app Calm has today announced a $3 million equity investment in XpresSpa Group, a fast-spa service you may have noticed in your local airport. Calm sees the investment as a way to expand its offline presence, growing awareness of the app as well as its retail products like Sleep …

Innovative ideas for brick-and-mortar stores this Christmas

To paraphrase Mark Twain, the death of retail has been grossly exaggerated. In fact, the 2017 holiday spending season surpassed industry expectations in brick-and-mortar stores. The Harvard Business Review points out that the issue isn’t that brick-and-mortar stores are going extinct — they’re simply being forced to evolve with the changes brought …

Poynt raises $100M for its smart payment terminal

Elavon, a U.S. Bank-owned payment processing company, and National Australia Bank have participated in the $100 million Series C for Poynt, a developer of smart payment terminals and an open operating system that powers any payment terminal worldwide. Palo Alto-based Poynt was launched in 2014 by Osama Bedier, the former vice president of Wallet …