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Finom, an Amsterdam-based digital bank for small- and medium-sized businesses, has raised €92.7 million (roughly $105 million) in a growth investment from General Catalyst’s Customer Value Fund, the company tells TechCrunch exclusively. The capital infusion “will be used exclusively and only for growth” and not for operational expenses or product development, Kos Stiskin, Finom’s chairman and co-founder, told TechCrunch. He described it as a non-traditional funding round in which General Catalyst doesn’t take any equity. “[O]ur core operations are generating positive cash flow, and all new investments and funding go directly toward attracting new clients,” Stiskin said. Finom is primarily…
Baxter HolmesMay 6, 2025, 08:00 AM ETCloseBaxter Holmes (@Baxter) is a senior writer for ESPN Digital and Print, focusing on the NBA. He has covered the Lakers, the Celtics and previously worked for The Boston Globe and Los Angeles Times.YEARS BEFORE RISING to the post of NBA commissioner in 2014, Adam Silver spent eight years as the president of NBA Entertainment, where he helmed the league’s marketing and production arm, charged with overseeing films, documentaries, highlight reels and more.His tenure spanned eight years in the late-1990s through the mid-2000s, a stretch bookended by the end of the Chicago Bulls’ dynasty…
The Cabinet meeting The Saudi Cabinet, during its session chaired today by Crown Prince Mohammed bin Salman, approved granting the Ministry of Municipalities and Housing the authority to sell residential units in the ministry’s projects to non-subsidy beneficiaries, subject to regulations established by the ministry in conjunction with relevant authorities. The Cabinet also approved several agenda items, including the National Strategies Governance Model, state-run news agency SPA reported. The Crown Prince directed the relevant authorities to work with the highest levels of efficiency and excellence in implementing security, preventive, and organizational plans to serve pilgrims in Makkah, Madinah, the…
NewLimit, a startup that aims to increase how long people can live a healthy life by genetically programming their cells, has raised a $130 million Series B led by Kleiner Perkins. New investors Nat Friedman, Daniel Gross, and Khosla Ventures also invested, as did returning backers Founders Fund, Dimension Capital, Elad Gil, Garry Tan, Patrick Collison and others. The fundraise comes two years after the company raised a $40 million Series A. Founded over four years ago by Coinbase CEO Brian Armstrong (pictured above), former GV partner Blake Bryers, and stem cell professor Jacob Kimmel, NewLimit claims it has made…
STATE COLLEGE, Pa. — On Jan. 22, two days after the 2024 season had officially ended with Ohio State beating Notre Dame to win the College Football Playoff national championship, Penn State coach James Franklin was in Philadelphia recruiting. His cellphone rang.It was 5:06 a.m. Ohio State defensive coordinator Jim Knowles was calling about Penn State’s open DC job.”To be honest with you,” Franklin said, “I didn’t know how serious it was, but it went pretty quickly from that point on.”Franklin hasn’t claimed many wins over Ohio State, a program that is 12-1 against the Nittany Lions since 2012, but…
Uber is expanding its presence in Turkey with its latest acquisition. The ride-hail and delivery giant has acquired an 85% controlling stake in Trendyol Go, the online meal and grocery delivery business based in Istanbul, for about $700 million in cash. The deal gives Uber instant market share for Uber Eats in the country, where Uber currently only operates a ride-hail service. Uber’s acquisition announcement comes a day before the company is scheduled to report its first-quarter earnings. And with consumer spending projected to fall in 2025 due to President Trump’s tariffs, investors will want reassurance that Uber is still…
Adam RittenbergMay 6, 2025, 07:00 AM ETCloseCollege football reporter; joined ESPN in 2008. Graduate of Northwestern University.The NFL draft kicked off just as college football’s spring transfer portal window was set to close. Although college coaches were primarily focused on the final few pieces of their rosters for the 2025 season, they were also tracking the selections in Green Bay.Few groups have a better perspective of the draft than college coaches, who directly worked with or coached against the players hearing their names called last weekend. The transfer portal itself is also a factor, as the increased movement of players…
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Downing Street has ruled out reversing cuts to the winter fuel allowance for 10mn pensioners, despite senior Labour figures blaming the policy for the party’s setbacks in local elections in England last week.Many Labour MPs have said that their party suffered council losses while Nigel Farage’s Reform UK made gains in Thursday’s elections because of welfare changes, in particular the winter fuel payment cuts.But the government on Tuesday insisted it was not planning either a softening or an abandonment of the policy,…
تحتفل أوروبا والمملكة المتحدة بما يعرف بيوم النصر بمناسبة بمرور 80 عاما على نهاية الحرب العالمية الثانية وسقوط النازية، والتي انتهت بانتحار أدولف هتلر في مخبئه المُحصن ببرلين. وقد أدّى هو وسياساته إلى الهولوكوست، أسوأ إبادة جماعية في التاريخ.
In 2017, Raghav Gupta set out to solve a personal problem: he wanted easy access to the home-cooked meals he grew up eating without having to spend time cooking or spend money on takeout or hiring a private chef. He turned to robotics, which led him to found the startup Posha. Posha, a former TechCrunch Startup Battlefield company, builds countertop robots that make meals using computer vision. Users scroll through a list of recipes, select the one they want, add the proper amounts of the requested ingredients, and the machine makes the meal from there. The process is designed to…