Leo AR, user-facing marketplace for 3D objects, raises $3 million seed round

Apple’s introduction of ARKit changed the game for entrepreneurs, not unlike the App Store did on a much, much larger scale back in 2008. One entrepreneur, Dana Loberg, has capitalized on the launch of ARKit with her startup Leo AR. Leo is the result of a few pivots. The company first started out as MojiLala, ...

Synthesia’s AI video generation platform hooks $12.5 million Series A led by FirstMark

As AI improves, the possibilities of what we can do with the technology grow exponentially (for better or worse). Synthesia, an AI video generation platform, is looking to make video content creation as simple and efficient as possible, and FirstMark is taking a bet on it making the world better, and not worse. The company ...

Gaming infrastructure startup Pragma raises $12M from Greylock, Mark Pincus and others

Pragma is building what it calls a “backend as a service,” providing ready-made infrastructure to developers of online, live service games. And it’s announcing today that it has raised $12 million in Series A funding. The round was led by David Thacker at Greylock, with participation from Zynga founder Mark Pincus, Oculus founder Nate Mitchell ...

Scale AI founder and CEO Alexandr Wang will join us at TC Sessions: Mobility on June 9

Last week, Scale AI announced a massive $325 million Series E. Led by Dragoneer, Greenoaks Capital and Tiger Global, the raise gives the San Francisco data labeling startup a $7 billion valuation. Alexandr Wang founded the company back in 2016, while still at MIT. A veteran of Quora and Addepar, Wang built the startup to ...

Amazon is opening a London hair salon to test AR and other retail technologies

Amazon announced this morning it’s opening Amazon Salon, the retailer’s first hair salon and a place where Amazon aims to test new technologies with the general public. The salon will occupy over 1,500 sq. ft on Brushfield Street in London’s Spitalfields, where Amazon says it will initially be trialing the use of augmented reality (AR) ...

Watch Apple’s Spring Loaded event light right here

Watch Apple’s Spring Loaded event light right here
Today, Apple is holding a (virtual) keynote at 10 AM PT (1 PM in New York, 6 PM in London, 7 PM in Paris). And you’ll be able to watch the event right here as the company is streaming it live. Rumor has it that Apple plans to unveil a brand new iPad Pro. In ...

Payhawk raises $20M to unify corporate cards, payments and expenses

Fintech startup Payhawk has raised a $20 million funding round. QED Investors is leading the round with existing investor Earlybird Digital East also participating. Payhawk is building a unified system to manage all the money that is going in and out. Essentially, companies switching to Payhawk can replace several services they already use and that ...

Daily Crunch: Facebook announces new audio products

Facebook reveals its Clubhouse competitor, Parler will return to Apple’s App Store and a helicopter flies on Mars. This is your Daily Crunch for April 19, 2021. The big story: Facebook announces new audio products Yes, these products include new Clubhouse-style Live Audio Rooms, as well as the ability for podcasters to share long-form audio, ...

What to expect from Apple’s Spring Loaded event

What to expect from Apple’s Spring Loaded event
Surprise! It’s another Apple Event. Gone are the days of getting a few weeks’ notice before these events now that they’re entirely virtual (at least until 2022, most likely). Instead, the company just dropped the news last week. Thankfully, there have been plenty of rumors leading up to tomorrow’s big event — and perhaps even ...

UK gov’t triggers national security scrutiny of Nvidia-Arm deal

The UK government has intervened to trigger public interest scrutiny of chipmaker’s Nvidia’s planned to buy Arm Holdings. The secretary of state for digital issues, Oliver Dowden, said today that the government wants to ensure that any national security implications of the semiconductor deal are explored. Nvidia’s $40BN acquisition of UK-based Arm was announced last ...