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The TechCrunch Top 3 - More to the story: Manish is back with more information on the Vivo saga. Now Chinaâs embassy in India is saying that all of these investigations that India is doing into Chinese firms are bad for business. Perhaps, or maybe it is India being cautious.
- Level up your avatar: Reddit is getting deeper into the NFT game by launching a new avatar marketplace, Ivan writes. The advantages? You donât need a crypto wallet to buy one, and you can use it on or off Reddit.
- Check out that valuation: YuLife pumped up its valuation to $800 million after securing $120 million in new funding, Ingrid reports. The life insurance company, which has a wellness and gamification focus, was previously valued at $70 million. Talk about your good business models!
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Startups and VC Over in this section, Mary Ann has yet another update on the saga she has been following this year, namely Better.com. In todayâs episode, she writes about all of the new hires who have joined the digital mortgage lender over the past few months, one that even called it a ârebirth.â How many apps do you use at your company? If it is the average, thatâs about 110, according to statistics. Happeo raised $26 million to create an intranet portal for your company to connect employees with all of the apps, Kyle writes. That should make you happy, er Happeo. Hereâs what else we have for you: - Invoice this: Mary Ann also wrote about invoice software startup Adaptiveâs $6.5 million raise, led by Andreessen Horowitz, which ironically included three companies that all compete with one another.
- Another one gets the horn: Tebra, an operating system for independent healthcare providers, is now a unicorn after taking in over $72 million in equity and debt, Catherine writes.Â
- Tebra, Traba; Traba, Tebra: If the Great Resignation taught us anything, itâs that people are looking for flexible options, even entry-level ones. Kyle reports on Trabaâs $20 million raise to match contractors with warehouse and fulfillment jobs.
- No venture capital apocalypse yet: I enjoyed Alexâs look at how the U.S. was faring during the global venture capital market slowdown.
- From beds to insurance: Jordanâs report on insurance startup Rangerâs $5.25 million round answers the question of what former Casper CEO Philip Krim has been doing since he left the bed company.
- Super growth from superplants: Please enjoy my story on Fyto, a hardware and software company helping farmers grow aquatic plants using robotic automation.
- Whoâs calling who a âdinosaurâ?: Mike reports that Headline VC may have been in the venture capital game since 1999, but armed with $950 million in new commitments across three funds, it is still proving itâs more like the Energizer Bunny than a fossil.
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On June 24, Khadijah Robinson planned to offer a woman a job. As founder of the Atlanta-based tech startup Nile, she spent 3 years scaling the platform, which connects consumers to Black online businesses. That Friday, she was thrilled to finally find someone willing to relocate from California to Georgia to help grow the company. But by early afternoon, the offer was on hold: The U.S. Supreme Court had overturned Roe v. Wade just a few hours before, and that worried Robinson. âAs a founder and CEO, I now have to think long and hard about asking women to relocate to a state that will likely legislate against them very soon,â she tweeted. âIâm so tired.â (TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.) Read More |
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