| Joywell Foods raises $25M to bring sweet proteins to market |
| Fri, 27 May 2022 11:10:08 +0000 |
| Joywell uses a proprietary microbial fermentation process to produce sweet proteins that are nearly identical to those found in exotic fruits and berries. |
| Indian fintech Jar eyes $50 million investment |
| Fri, 27 May 2022 08:46:29 +0000 |
| Indian fintech Jar, which closed a $32 million financing round in February this year, is in talks to raise new funding as it looks to scale its product and expand its offerings. The Bengaluru-headquartered startup is engaging with several investors to raise about $50 million at a $350 million valuation, according to four people familiar […] |
| FlexID gets Algorand funding to offer self-sovereign IDs to Africa’s unbanked |
| Fri, 27 May 2022 03:57:13 +0000 |
| Much of the world’s attention around blockchain is on the highs and lows of cryptocurrency values. Startups like FlexID remind us that distributed ledger technology has the potential to play other roles, including offering trusted records of identities without the need for a centralized authority. One of the startups working towards this vision is Zimbabwe’s […] |
| Report: Substack, the highly hyped newsletter platform, has ditched plans for a Series C |
| Fri, 27 May 2022 00:47:05 +0000 |
| Substack, the five-year-old newsletter platform that has aggressively positioned itself as a disruptive force in media, has abandoned efforts to raise a Series C round, the New York Times is reporting today. According to its sources, Substack held discussions with potential investors in recent months about raising $75 million to $100 million at a valuation […] |
| After buying Bungie, Sony goes all in on live service games |
| Thu, 26 May 2022 23:31:27 +0000 |
| After buying Bungie earlier this year, Sony is moving fast to integrate the company’s expertise into its broader vision. In an investor presentation Thursday, Sony Interactive Entertainment CEO Jim Ryan outlined a near future for the company that focuses heavily on continually updated online games inspired by Destiny, Bungie’s long-running hit. Sony expects to spend […] |
| Canon takes another stab at the mirrorless market, with R7 and R10 |
| Thu, 26 May 2022 22:59:47 +0000 |
| Camera giant Canon has had an impressive SLR camera lineup since the mid-’70s and has made a successful transition from film-based SLR cameras to the digital realm. The company has been less successful in the mirrorless space but recently picked up the sales numbers. The company claims that it took the top spot for market […] |
| Daily Crunch: In one of the largest tech deals ever struck, Broadcom will buy VMware for $61B |
| Thu, 26 May 2022 22:15:31 +0000 |
| Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. |
| Foursquare founder banks funding for mystery 3D social network startup |
| Thu, 26 May 2022 22:05:36 +0000 |
| The excitement around web3 and the metaverse have pulled plenty of entrepreneurs who defined the first generation of native mobile apps to begin questioning what’s next. Foursquare founder Dennis Crowley is on the co-founding team of a new startup called LivingCities, alongside Matt Miesnieks, who sold his most recent startup 6D.ai to Niantic for an […] |
| Meta and Google’s Gradient back LatAm startup OlaClick |
| Thu, 26 May 2022 21:54:39 +0000 |
| More than 80% of food delivery orders in Latin America are still made over phone calls and settled with cash. OlaClick, a young startup that is helping these restaurants sell online and collect money digitally, announced on Thursday it has received backing from scores of investors, including Gradient, Meta and Delivery Hero. Gradient Ventures, Google’s […] |
| A look at the nine teams that just presented at Pear’s latest demo day |
| Thu, 26 May 2022 21:43:15 +0000 |
| TechCrunch has been covering the demo days of the seed-stage venture firm Pear VC since 2015. (There we are in the front row in 2016, surrounded by investors, typing away.) A few things have remained true since that time. There are typically 10 or so companies that present and not many more. A lot of […] |
| Longtime Bitcoiner Dan Held says this ‘crypto winter’ won’t be as harsh as others |
| Thu, 26 May 2022 21:00:32 +0000 |
| Even though there is lots of talk of a crypto winter, Dan Held, director of growth marketing at crypto exchange Kraken, said the sentiment for this current market cycle is different. |
| Making room at the cap table: A new plan for promoting diversity in tech |
| Thu, 26 May 2022 20:35:22 +0000 |
| As it turns out, we don’t just have a diversity problem in tech employment. We have a diversity problem in tech investment as well. |
| Disney+ releases trailer and premiere date for latest ‘Star Wars’ series ‘Andor,’ starring ‘Rogue One’ rebel hero |
| Thu, 26 May 2022 20:03:35 +0000 |
| Disney+ released its first trailer for the upcoming series “Andor,” a prequel to “Rogue One.” It will premiere on the service on August 31 with two episodes to start. In total, the series will have 12 episodes, which was confirmed by Lucasfilm at today’s Star Wars Celebration at the Anaheim Convention Center. Diego Luna will […] |
| Does WeWork’s Adam Neumann really deserve his second chance? |
| Thu, 26 May 2022 19:14:46 +0000 |
| Plenty of entrepreneurs have used the crypto boom to plot the next step of their Silicon Valley character arcs, but few of them have an active television series chronicling their misdeeds. This week, Adam Neumann made his post-WeWork debut, co-founding a blockchain-based carbon credits market, and — more impressively — raising $70 million in funding […] |
| Twitter investors sue Elon Musk over acquisition shenanigans |
| Thu, 26 May 2022 19:12:38 +0000 |
| The world’s richest man isn’t above trying to get a discount, apparently. In a new lawsuit, Twitter shareholders are suing Elon Musk, alleging that he manipulated the price of the company’s stock for his own benefit in the course of agreeing to buy the company. The lawsuit represents a group of Twitter investors but would […] |
| Lab, crab and robotic rehab |
| Thu, 26 May 2022 18:30:02 +0000 |
| I was in Berkeley a couple of months back, helping TechCrunch get its proverbial ducks in a row before our first big climate event (coming in a few weeks, folks). Professor Ken Goldberg, who’s helped play a big role in a number of our robotics events, kindly gave me a tour of BAIR, the Berkeley […] |
| Instagram is currently down for some users |
| Thu, 26 May 2022 18:28:24 +0000 |
| If you’re having problems accessing Instagram today, you’re not alone. The social media giant is currently experiencing some problems, according to reports on third-party web monitoring service Downdetector. The website indicates that issues began at around 12:30 p.m. EDT. NetBlocks, which tracks global internet usage and disruptions, has also noted that Instagram is facing intermittent […] |
| Pitch Deck Teardown: Lumigo’s $29M Series A deck |
| Thu, 26 May 2022 18:00:24 +0000 |
| We tear down the deck Lumigo used to land a $29 million Series A round led by Redline Capital last year. |
| To fully embrace product-led growth, build a strong product ops team |
| Thu, 26 May 2022 17:58:57 +0000 |
| Typically part of the product team, product ops sits at the intersection of product, engineering and customer success. |
| VCs will discuss how to find funding when you’re not in a major tech hub at TC Disrupt |
| Thu, 26 May 2022 17:39:07 +0000 |
| Silicon Valley — it’s synonymous with tech startups. Other big cities, such as Beijing, Berlin, London and New York City to name a few, built their own growing startup ecosystems. For years, conventional wisdom said startup success required relocating to a traditional, big-city innovation hub with extensive networks of tech talent and startup investors. But […] |
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