In August of last year, Getaround scored $300 million from Softbank. Eight months later they handed that same amount to Drivy, a Parisian peer-to-peer car rental service that was Getaround’s ticket to tapping into European markets. Alven Capital’s Jeremy Uzan Both companies shared similar visions for the future of car ownership, they were about the […]
Quadric.io, a startup founded by some of the folks behind the once-secretive bitcoin mining operation “21E6,” has raised $15 million in a Series A round that will fund the development of a supercomputer designed for autonomous systems. The round was led by automotive Tier 1 supplier DENSO and its semiconductor products arm NSITEXE, which will also […]
Cargo, the startup that brings the convenience store into ride-hailing vehicles, is making its first international expansion through an exclusive partnership with Uber in Brazil. Uber drivers in São Paulo and Rio de Janeiro will now be able to sign up for Cargo and potentially earn additional income by selling products to passengers during their […]
Dave Arnold, Tesla’s senior director of communications, is leaving the company after two-and-half years, according to sources familiar with the move. Tesla confirmed to TechCrunch that Arnold was leaving in June. “We’d like to thank Dave for his work in support of Tesla’s mission, and we wish him well,” a Tesla spokesperson said in a […]
Rimac Automobili, the European EV startup that landed an investment from Porsche last year, has again gained the backing of traditional automakers after Hyundai Motor Company and Kia Motors jointly invested €80 million, or around $90 million. Beyond the significant cash infusion, the three parties said the deal includes “a strategic partnership to collaborate on […]
Uber finally made its debut Friday on the New York Stock Exchange, ending its decade-long journey from startup to publicly traded company. So far, it’s been a ho-hum beginning, with shares opening at $42, down from the IPO price. The share price is hovering just under $44. Thirteen people, including executives, early employees, drivers and […]
Android Auto — the in-car platform that brings the look and functions of a smartphone to the vehicle’s central screen — is getting a new look and improved navigation and communication features that will roll out this summer. The improvements and new look were revealed Monday during Google I/O 2019, the annual developer conference. The […]
Tesla is raising up to $1.55 billion through the sale of notes and shares, according to a filing made by the EV maker today. The document outlines that Tesla will sell up to $1.35 billion in convertible senior notes. The number could increase further: Tesla is giving underwriters the chance to buy a further $202.5 […]
The family of Walter Huang, an Apple engineer who died after his Tesla Model X with Autopilot engaged crashed into a highway median, is suing Tesla. The State of California Department of Transportation is also named in the lawsuit. The wrongful death lawsuit, filed in California Superior Court, County of Santa Clara, alleges that errors […]
Extra Crunch offers members the opportunity to tune into conference calls led and moderated by the TechCrunch writers you read every day. This week, TechCrunch’s Brian Heater and Lucas Matney shared their key takeaways from our Robotics + AI Sessions event at UC Berkeley last week. The event was filled with panels, demos and intimate […]