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Celina Mikolajczak, who has held senior roles at Tesla and Panasonic, resigned from QuantumScape less than a year after taking the chief manufacturing officer position at the solid-state battery company, according to a regulatory filing. Mikolajczak and QuantumScape are parting ways over “differing management styles between the parties,” the filing with the U.S. Securities and
ComfortDelGro, a Singaporean taxi operator, announced Thursday its partnership with Alipay+, enabling tourists from Malaysia and South Korea to use their mobile wallet apps Touch ‘n Go eWallet and Kakao Pay to pay the cab fare in Singapore.  “With Singapore reopening its borders, we are looking forward to having tourists come visit us,” said CEO of ComfortDelGro Taxi
Josh Mendelsohn Contributor Josh Mendelsohn is a co-founder of Hangar, and a veteran of Silicon Valley companies including Google, Sequoia Capital and Hattery. He has also served as senior tech advisor to Mike Bloomberg, focusing on helping startups and nonprofits at the intersection of tech, software and government at the federal, state and local levels.
Salary Hero wants to provide lower-income Thai workers with more financial flexibility. The startup, which focuses on earned wage access and finance education, with plans to add neo banking products, too, announced today it has raised $2.8 million. The funding included participation from Global Founders Capital, M Venture Partners, 500 Global, 1982 Ventures, Titan Capital
Hey everyone, and welcome back to Chain Reaction. Last week, we discussed $4.5 billion in new crypto funds from a16z. This week, we’re talking about the arrest that has everyone in the NFT space sweating bullets. If you want to get this in you inbox every Thursday afternoon, you can subscribe on TechCrunch’s newsletter page.
Bentley is engaged in a never-ending battle to balance classic luxury coach-building and modern automobile manufacturing. The luxury automaker not only has to keep up with changing technology, consumer taste and industry standards, it must also consistently deliver the old world-inspired sophistication that its known for. The automotive industry’s move towards electrification adds another challenge
Extreme Tech Challenge (XTC), the world’s largest startup competition focused on purpose-driven innovation, and sponsor of TechCrunch Sessions: Climate, has chosen 10 category finalists and three Special Award winners to compete at the XTC 2022 Global Finals at the the climate conference on June 14, 2022 at UC Berkeley. Due to the exceptional applicant pool
The Russia-based cybercriminal group known as Evil Corp has shifted to a ransomware-as-a-service model in an effort to skirt U.S. sanctions, according to research from cybersecurity firm Mandiant. The U.S. Treasury’s Office of Foreign Assets Control, or OFAC, sanctioned Evil Corp in December 2019, citing the group’s extensive development of Dridex malware, which the gang
It’s a tough day for special purpose acquisition companies, or SPACs, which had already fallen out of favor after roughly 18 months in the limelight. Senator Elizabeth Warren is planning a bill that targets the SPAC industry, her office announced today. Called the “SPAC Accountability Act of 2022,” the bill would expand the legal liability
HitPay has almost everything SMEs need to run their businesses. In addition to being an online payment gateway, it also offers tools like point-of-sale software with card readers, plugins, payment links and no-code online stores. The Y Combinator alum announced today that it has raised $15.75 million in Series A funding led by Tiger Global,
Indonesia’s sprawling archipelago has long been a headache for logistics companies, but there’s no lack of brave challengers. Jarkata-based Astro, which provides 15-minute grocery delivery, has recently closed a $60 million Series B financing round, lifting its total funding to $90 million since the business launched just nine months ago. The Series B round was
Sequoia takes things seriously. The storied venture firm is known to react to macroeconomic events with grand memos aimed at portfolio companies and sometimes the entrepreneurship scene at large. Most recently, Sequoia created a 52-slide deck, first reported by The Information, titled “Adapting to Endure.” The document reads like a follow-up course to its infamously ill-timed
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