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Remembering the startups we lost in 2020

TechCrunch

After the events of 2020, however, no doubt many already lean businesses are hanging on by the skin of their teeth. Atrium (2017-2020). Atrium, a 100-person legal tech startup founded by Justin Kan, shut down in March after failing to find an efficient way to replace the arduous systems of law firms. Essential (2017-2020).

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Puls Technologies lands $15M to provide on-demand home repair service

TechCrunch

That’s where Puls Technologies come in. Puls raises $50 million for in-home technical support. The company initially got started in 2015 as a mobile phone repair service, and in 2020 underwent a management shift that pivoted the business model to memberships, Gabi Peles, Puls CEO, said via email. Puls Technologies app.

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The tech jobs market is as strong as it ever was

TechCrunch

After the big companies conducted mega layoffs at the beginning of this year, it would be natural to think that the tech unemployment rate would skyrocket. If we think about tech jobs as purely IT, engineering and developer kinds of roles, then those jobs are definitely still in demand and less affected than you might imagine.

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Venture capital undermines human rights

TechCrunch

The future of technology is determined by a handful of venture capitalists. The world’s 10 leading venture capital firms have, together, invested over $150 billion in technology startups. Europe and China, which in turn are shaping the future of technology. Despite gains, gender diversity in VC funding struggled in 2020.

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Surging homegrown talent and VC spark Italy’s tech renaissance

TechCrunch

As Italy reinstates many COVID-19 restrictions, the country’s tech ecosystem is watching and waiting to see what the wider effects of the emergency will be. Italy’s ecosystem for tech venture capital and startups has been in development for years and has made decent strides in the last decade.

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Trigo raises $100M to expand its Amazon-style cashier-free store technology

TechCrunch

Amazon has become the pacemaker in commerce, and today a startup that’s been building technology to help retailers keep up with it in the world of physical stores is announcing some funding to expand its business. It will also be doubling down on expanding its technology.

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Why fintechs are buying up legacy financial services companies

TechCrunch

Over just the last year or so, we’ve seen: In February 2020, LendingClub announced plans to acquire Radius Bank in a cash-and-stock transaction valued at $185 million. But lately, fintech upstarts are the ones doing the acquiring. The deal closed in February 2021 , leading to a very quick and surprising second-quarter profit.

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