Lookout sells consumer security segment for $223M to become 'pure-play enterprise company'

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( and [Haje Jan Kamps]( Wednesday, April 26, 2023 Hi, folks! It’s Wednesday, and we’re running around like crazy, so let’s get to it! Wooooo! — [Christine]( and [Haje]( [ image] Image Credits: sefa ozel / Getty Images The TechCrunch Top 3 - [Can you see it?](: Enterprise security company Lookout is selling its consumer cybersecurity business to F-Secure in a $223 million deal that [Paul]( writes will “now evolve [Lookout] into a pure-play enterprise company” that will focus on mobile endpoint security and cloud security. - [Hello?](: Christmas comes early for iPhone and Windows users — iMessage finally comes to Windows 11 with the global rollout of Phone Link for iOS, reports[Sarah](. - [You’ll definitely notice this car go by](: China’s MG Motor debuted what looks like a green highlighter on wheels in India. But seriously, it is a cute compact hatchback electric vehicle meant to navigate the country’s tight mobility needs. [Jagmeet]( has more. Startups and VC Greycroft, the self-styled “seed-to-growth” venture capital firm, today [announced the closing of over $1 billion in capital commitments]( across new funds, [Kyle]( reports. The firm’s two flagship vehicles, Greycroft Partners VII and Greycroft Growth IV, closed on more than $980 million, according to co-founder and managing partner Dana Settle — cash that’ll be put toward investing in both early- and growth-stage enterprise and consumer businesses. In light of the micromobility industry’s growing popularity, the Japanese government has been proactive in loosening e-scooter regulations to further stimulate this sector, [Kate]( reports. Starting this July, amendments to the country’s Road Traffic Act will permit e-scooter users to ride without driver licenses or helmets, as long as they maintain a maximum speed of 20 kilometers per hour. [Luup has now amassed a total of $68 million in equity, debt and asset financing to date,]( at what sources said valued the firm at more than $100 million. Let’s take a look at the best of the rest: - Say again?: U.K.’s [TympaHealth sounds out $23 million]( to expand its hearing diagnostics startup, [Ingrid]( reports. - To da moon: Rocket engine startup [Ursa Major quietly closed $100 million in new funding](, reports[Aria](. - All in this together: [Harri]( reports how [big-time VCs link arms for climate coalition](. - Wheeeee: [Bobsled raises $17 million Series A]( to make cross-cloud data sharing easier, [Frederic]( reports. - Who are ya?:[Smile Identity expands African footprint](with acquisition of Appruve to strengthen ID verification services, [Tage]( reports. - Moar Vietnamese EV powder: [VinFast’s EV ambitions just got a $2.5 billion boost](, reports [Kirsten](. [Ask Sophie: My STEM OPT expires in 30 days, what are my options?]( Dear Sophie, My STEM OPT expires in a month, and my company did not register me in this year’s H-1B lottery. I’m not sure what options I have now. Help! — Sleepless in Silicon Valley Three more from the TC+ team: - We got this:[Workers are wary — but also optimistic — about AI](, writes[Kyle](. - Let’s lean on the accelerator: [Ron]( reminds you that you don’t have to do it all by yourself: [Incubators and accelerators help build lifelong relationships](. - A ghost chain: [Jacquelyn]( wonders [what happens to your crypto when you die](. [TechCrunch+]( is our membership program that helps founders and startup teams get ahead of the pack.[You can sign up here](. Use code “DC” for a 15% discount on an annual subscription! [Read More]( [Ask Sophie: My STEM OPT expires in 30 days, what are my options? image] Image Credits: Bryce Durbin/TechCrunch Big Tech Inc. There must be a large number of cat fans among our readership who also need help finding their cats around the house, because this story really went viral today. [Tile launches a new cat tracking tag with three-year battery life](, [Ivan]( reports. Or maybe you are just impressed by a long battery life. No judgment. Speaking of fans, there must also be a lot of “Black Mirror” fans excited for the [new sixth season]( that will premiere in June. For those of you who have not seen this show yet, [Lauren]( reports that “each episode of the satirical anthology series comments on society in some shape or form, such as the issues centered around webcam hackers, identity theft, weird robotic dogs and the toxicity of social media.” And we have five more for you: - You can’t eat just one:[Bosch will acquire TSI Semiconductors]( for $1.5 billion to boost its U.S. chip production, reports[Rebecca](. - Blocked:[The United Kingdom’s competition authority says Microsoft’s planned Activision bid]( would “substantially weaken competition.”[Paul]( has more. - Get out your digital wallet: China’s central bank digital currency use [on WeChat’s platform has been expanded](, writes [Rita](. - Guess who’s back? Back again: [Brian]( delights us with his account of getting his hands on an early preview of [The Legend of Zelda: Tears of the Kingdom](. - Are you still there?: Snap reveals that its bot [won’t notice instantly when you’ve stopped sharing your location](,[Ivan]( reports. [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Full Stack Software Engineer, Mid Level at JobTarget (Stamford, CT, USA)]( - [Freelance AI Application Developer Creator Program: Cohort 4 at Contra (Anywhere)]( - [Freelance Engineer Creator Program Cohort 4 at Contra (Anywhere)]( - [Applications Engineer III-MS Endpoint/Intune at Orrick, Herrington & Sutcliffe LLP (Wheeling, WV, USA)]( - [Lead Research Engineer at Murmuration (USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. 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