Updated FDA COVID-19 testing guidelines specifically disallow at-home sample collection

While a number of companies who currently offer at-home medical and health diagnostics had rushed to produce kits that would allow for self sample collection by people who passed a screening and believed they might have contracted the new coronavirus, the U.S. Food and Drug Administration (FDA) has updated its Emergency Use Authorization

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Scanwell aims to launch at-home 15-minute coronavirus test, but it still needs FDA approval

At-home diagnostics startup Scanwell, which produces smartphone-based testing for UTIs, is working on getting at-home testing for the novel coronavirus into the hands of U.S. residents. The technology, which was developed by Chinese diagnostic technology company INNOVITA and has already been approved by China’s equivalent of the FDA and used by “

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A new initiative from a Los Angeles investor is taking stock of venture firms and their ability to commit capital in an effort to match firms that are still open for business and cutting checks to startups that are fundraising in the age of COVID-19.

Laurent Grill, one of the investors at Luma Launch (which is the corporate investment arm of the

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Enable raises $13M to help distributors, manufacturers and retailers manage rebates

Enable, a U.K. startup that has developed a cloud-based “rebate management solution” to help distributors, manufacturers and retailers manage rebates, is announcing $13 million in Series A funding.

The round is led by Menlo Ventures, with participation from Sierra Ventures. As part of the investment, Menlo Ventures’ Steve Sloane has joined the E

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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week’s episode was a testament to making do, as we’ve had to cancel some trips, juggle a few guests, and get up and running as a podcast that have guests dial in without losing our stride. So, this week Danny and Nat

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Remote Year, which helps you work while traveling the world, lays off 50% of staff

Remote Year wants to help people travel around the world and keep their job while doing so. The Chicago startup relies on the idea that “great work can be done anywhere.” And to prove it, it brings people to 12 cities in 12 months, all while they’re working full-time jobs. Think co-working spaces in Ljubljana, code from bungalows in Thailand and

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Global Savings Group acquires French cashback company iGraal for €123.5M

Germany’s Global Savings Group (GSG), the e-commerce content company, has acquired French cashback company iGraal for €123.5 million in a mixture of cash and stock.

Specifically, the deal was reached with iGraal’s majority owner M6 Group and consists of €35 million in cash; the remaining is made up of an exchange of shares. The acquisition is said t

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Claimer raises seed backing to make it easier for UK startups to claim R D tax credits

Claimer, a London-based startup that makes it easy for companies to claim R-D tax credits in the U.K., has raised £300,000 in seed funding.

Backing the already revenue-generating company is Ben Holmes (who was previously at Index Ventures), Nick Telson and Andrew Webster (the founders of DesignMyNight, which recently exited), Rupert Loman

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Glossier NYC, in normal times, is typically visited by more than 2,000 people every day, with lines of people from all over the world curling out the door. And when you enter, it’s tempting to touch, well, everything.

The walls are adorned with flowers, mirrors and giant versions of the makeup company’s flagship product: Boy Brow. Makeup is sold o

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Long and short range travel have almost quit for lots of people at the minute. But looking ahead to a time when that may no more hold true, a firm developing flying taxis is today revealing a $240 million round of moneying to help continue developing its product.Lilium, a Munich-based start-up that is creating as well as constructing upright

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Wag! CEO Garrett Smallwood explains his firm‘radically different path to profitability&

Wag!, the petcare company known for connecting pet owners with local dog walkers, has recently undergone a series

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Venture investment in esports looks light as Q1 races to a close

Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between.

Today we’re taking a look at the world of esports venture capital investment, largely through the lens of preliminary data that we’ll caveat given how reported VC data lags reality. That phenomenon is likely doubly true in the c

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Voi, the European e-scooter rentals startup, ‘pauses& operations in several countries

Following similar moves by Lime, Bird, Tier and others, Voi Technology, the European e-scooter rentals and so-called micro-mobility startup, says it has “paused” operations in several countries due to the Coronvirus pandemic. This sees the company suspend operations in all but nine key cities.

In a short statement issued to media on Friday, Voi

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Gaming company Scopely adds $200 million more to its M A stockpile

Scopely, the mobile gaming publisher behind titles including Marvel Strike Force, Scrabble Go, Yahtzee with Buddies and Star Trek Fleet Command, has added another $200 million to its hoard of cash for mergers and acquisitions.

While some startups are fearing a cash crunch, other businesses seem to be preparing to go on a shopping spree. The

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As a former Jam City executive, Jill Wilson led teams behind several of the top-grossing video gaming franchises, like Cookie Jam and Panda Pop. Currently she's running her own startup, Robin Gamings, where a group of mostly females is working to develop a new particular niche in mobile enjoyment they're calling way of life gaming. As the name suggests, the suggestion is to produce a.

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Right now the world is at war. But this is no ordinary war. It’s a fight with an organism so small we can only detect it through use of a microscope — and if we don’t stop it, it could kill millions of us in the next several decades. No, I’m not talking about COVID-19, though that organism is the one on everyone’s mind right now. I’m talking about

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Despite canceled trade shows, gaming startups can still win an extra life

As organizers cancel events with massive attendance, like SXSW (400,000 attendees), E3 (66,000), GDC (65,000) and Mobile World

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Use accelerated retargeting to increase conversions

We’ve aggregated many of the world’s best growth marketers into one c

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Efforts to get at-home test kits for the COVID-19 coronavirus are ramping up quickly, and two more health industry startups are bringing their own products to market, with both Carbon Health and Nurx starting to ship their own in-home sample collection kits.

Both of these new offerings are the same in terms of approach to testing: They deliver

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GCNiko Bonatsos on Y Combinator, edtech and investing in the shadow of coronavirus

This week, Extra Crunch hosted a call with General Catalyst managing director Niko Bonatsos to discuss a number of startup topics, including what the novel coronavirus is doing to investing in the Valley, as well as his thoughts on robotics, homeschooling, edtech, SMBs, international investing and what he’s looking to see today in startups. J

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The 20 best startups from Y CombinatorW20 Demo Day

With world events overtaking the tech world’s preferences to meet for coffees and convene at events, Y Combinator skipped its famous two-day live Demo event and went for a radical experiment: no demos at all, but instead a long list of the nearly 200 startups in its Winter 2020 batch, with links to their sites and one-page slides. We’ve done the

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Twenty-eight percent of a nurse’s time is wasted on low-skilled tasks like fetching medical tools. We need them focused on the complex and compassionate work of treating patients, especially amid the coronavirus outbreak. Diligent Robotics wants to give them a helper droid that can run errands for them around the hospital. The startup’s bot Moxi i

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Just Eat cuts its take for 30 days to help restaurants during the COVID-19 crisis

U.K. takeout marketplace Just Eat has announced a 30-day emergency support package for restaurants on its platform to help them through disruption caused by the coronavirus crisis.

From tomorrow (March 20) until April 19 the package — which Just Eat says is worth £10 million+ — will see funds directed back to U.K. partner restaurants in the form of

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Listen to the TechCrunch staffYC Demo Day wrap-up call here

It’s been a bonkers week in the world, with markets gyrating, companies fretting, investors tweeting and founders re-cutting their 2020 forecasts. But for one collection of startups, the past few days weren’t about work crises or the latest Slack share price. Instead, for Y Combinator’s Winter batch, it was Demo Day week.

TechCrunch has covered Y

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Crowd-lending platform October hits pause on loan repayments

French startup October wants to reduce the pressure on small and medium companies going through the coronavirus crisis. In order to give them some headroom, companies that have borrowed money on October won’t have to pay back their loans for the next three months.

October works with small companies in France, Spain, Italy, Netherlands and Germany

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With most new social media startups seeming to dial in on specific communities to thrive in a still Facebook-dominated sphere, some of the more broadly focused social investments from top VCs are going into online gaming.

The latest is Mainframe Industries, a Nordic game studio building a massively multiplayer online title. The team doesn’t have m

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Focused on health in the home, Novi lands $1.5M to help CPG companies source clean, safe ingredients

Kimberly Shenk has been focused for a while now on “clean” products that are made without harmful chemicals. In 2017, Shenk and friend Jaleh Bisharat launched NakedPoppy, a site that curates and sells cosmetics that have been vetted by chemists (including some of its own products).

Interestingly, as the young startup was announcing $4 million in

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Ohio-based Coterie, a startup working on in the commercial insurance space, has announced today it has raised $8.5 million Series A. The company had previously raised a little over $3 million in early investments, bringing its equity capital raised to nearly $12 million to date; the firm also told TechCrunch that it has raised $2.5 million in

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Quantum Machines raises $17.5M for its Quantum Orchestration Platform

Quantum Machines, a Tel Aviv-based startup that is building both hardware and software to operate quantum computers, today announced that it has raised a $17.5 million Series A funding round. The round was led by Israeli tech entrepreneur Avigdor Willenz (who, among other companies, co-founded Habana Labs and Anapurna Labs and sold them to Intel

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Why is Blue Apronstock skyrocketing?

Back in 2017, a formerly hot, formerly profitable company called Blue Apron went public. It didn’t go well. Today as the global stock market continues to fall, shares in the former venture darling are soaring, up more than 140% in midday trading.

Before its IPO, the company had to reduce its price range from $15 to $17 per share to $10 to $11 per

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