Financial automation startup Aurelia raises $3M Seed round led by Blossom Capital

Financial automation platform, Aurelia has raised $3 million in seed funding, led by Blossom Capital. Billing itself as a sort of “IFTTT for finance” aimed at small businesses that want to integrate their bank accounts with financial tools, Aurelia says this then gives them greater control over cash flow, taxes etc to automate normally manual […]
https://tcrn.ch/2YmzBEn

Mercedes-Benz throws down the EV gauntlet at IAA Mobility

Mercedes-Benz introduced a slew of electric vehicles ahead of the IAA Mobility show in Germany, including its first AMG-branded high-performance EV, a sedan and a G-Class SUV concept — all part of the company’s bid to become an electric-only automaker by the end of the decade. Mercedes has already started producing the all-electric EQS, a […]
https://tcrn.ch/3BDI58C

Quantum Machines plans to expand quantum orchestration platform with $50M investment

Quantum Machines, an Israeli startup that is building the classical hardware and software infrastructure to help run quantum machines, announced a $50 million Series B investment today. Today’s round was led by Red Dot Capital Partners with help from Exor, Claridge Israel, Samsung NEXT, Valor Equity Partners, Atreides Management, LP, as well as TLV Partners, […]
https://tcrn.ch/3A07Dw0

The time Animoto almost brought AWS to its knees

Today, Amazon Web Services is a mainstay in the cloud infrastructure services market, a $60 billion juggernaut of a business. But in 2008, it was still new, working to keep its head above water and handle growing demand for its cloud servers. In fact, 15 years ago last week, the company launched Amazon EC2 in […]
https://tcrn.ch/38XMtDf

China roundup: Beijing wants tech giants to shoulder more social responsibilities

This week, the gaming industry again became a target of Beijing, which imposed arguably the world's strictest limits on underage players. On the other hand, China's tech titans are hastily answering Beijing's call for them to take on more social responsibilities and take a break from unfettered expansion.
https://tcrn.ch/3ySFOVq

This Week in Apps: Another App Store settlement, Apple asks to personalize ads, Twitter launches Super Follows

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. […]
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From passion to hobby to startup

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
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