Organization urges open source developers to dump GitHub following Copilot launch – Startups
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Happy Friday, everyone! If you are sitting around this weekend, catch up on your TechCrunch podcasts and check out what went on...
OpenSea, an NFT marketplace, revealed email data breach that may have affected 1.8M users – Startups
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Greetings, everyone, on this fine day. If you haven’t had the chance yet, please give a shout to our newest reporter, Andrew...
A list of tech firms hiring across Asia (Updated)
As several startups shut their windows on their staff, others are opening doors to those laid off. This hiring tracker keeps tabs on the offer letters. Source link
Climeworks is a carbon dioxide removal company building in Iceland
Christoph Gebald (left) and Jan Wurzbacher, co-founders of Climeworks.Photo courtesy ClimeworksCarbon dioxide removal startup Climeworks announced on Tuesday it is building a second commercial-sized plant in Iceland. When fully operational in 18 to 24 months,...
East Ventures leads $4.5m in Indonesian cold-chain startup
Fresh Factory aims to improve cold-chain logistics for SMEs. Source link
Backstage Capital cuts majority of staff after pausing net new investments – Startups
Backstage Capital has downsized its staff from 12 to three people, managing partner and founder Arlan Hamilton said during her “Your First Million” podcast that was published Sunday. The layoff comes nearly three months after Backstage Capital narrowed its...
LeadSquared gallops into unicorn territory
StashFin, Ekta, Husky, and more startups also raised funding this week. Source link
Months after rejecting a $17B bid, Zendesk sells to private equity group for $10.2B – Startups
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, folks, and welcome to the Friday edition of Daily Crunch. As you might’ve seen, the Supreme Court issued a major decision...
Airrow is automating battery and payload swapping for drones – Startups
Any given year, the real unsung highlight of re:Mars are the dozen or so startups and researchers who show off their wares on the show floor. There are always a couple of cool projects that have somehow managed to escape our radar, thus far. Los Angeles-based...
Indian recommerce startup nets $90m in series E money
Cashify will use the fresh funds to bolster its marketing activities, expand its reach, and strengthen its team. Source link
Sequoia Capital reportedly raising two funds, and despite slower VC environment, it’s not alone – Venture Capital
Venture capital investments may be slower, but that seems to be giving venture capital firms some time to go out and raise funds of their own. Sequoia Capital is the latest to reportedly be raising two new U.S.-focused funds, valued at up to $2.25 billion, The...
3 questions for the startup market as we enter Q3 – Venture Capital
Somehow June is over in just a few hours, meaning that we are trotting toward the third quarter’s starting line. Leaving aside the uncomfortably rapid pace at which time is flying past us, entering a new financial reporting period is an excellent moment to...
Indian edtech giant Byju’s delays $1B acquisition payment, lays off hundreds of workers – Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Greetings on this Hump Day. We’ve got one housekeeping item for you: We need your vote on what roundtable sessions you’d like to...
Singapore VC Panthera Growth raises first half of $250m second fund
The firm expects to complete the rest of its target by the end of this year and invest in a dozen companies with an average check size of US$20 million. Source link
Degreed’s co-founder is back at the company he left…with the startup he built – Venture Capital
Edtech up-skilling platform Degreed has acquired Learn In, which creates talent resource hubs for employers to better spin up education services for their teams. While we’d nearly always cover a notable acquisition in a relevant tech sector, the extra...
Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data shows – Venture Capital
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the...
The ruling against Juuling? – Venture Capital
Hello and welcome back to Week in Review, your one-stop spot for the biggest stories from the week. Greg Kumparak is off enjoying the beginning of summer and has entrusted me to keep you updated in his absence. If you want this in your inbox every Saturday,...
Tech execs react to Roe v. Wade reversal: Gates, Sandberg, Wojcicki
Salesforce CEO Marc Benioff, Microsoft co-founder Bill Gates, and departing Meta COO Sheryl Sandberg were among noteworthy tech executives speaking out publicly on Friday's Supreme Court ruling which overturned Roe v. Wade. The ruling ends constitutional right...
London-based SumUp pins $8.5B valuation with $624M debt-equity round – Venture Capital
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, folks! Me again. As I’m sure it had you on the edge of your seat, I’m pleased to report that the team wasn’t completely...
Juul, the e-cig maker started at Stanford, watches its U.S. market share get vaporized – Venture Capital
It’s almost Shakespearean. Juul, the e-cigarette company that took the U.S. by storm five years ago — and which was valued at its peak at $38 billion — is about to get kicked out of the country, according to the WSJ. Per the outlet’s report earlier today, the...
Entrepreneurs Programme Attracts Robust Startups price US$50m
NEXEA Angels Sdn Bhd (NEXEA), a Malaysia-based start-up investment company launched the Entrepreneurs Programme on 19th May 2020, in collaboration with the Malaysia Digital Economy Corporation (MDEC). It aims to bring together exclusive private groups of CEOs of local...
India’s Zomato to chop 13% of workers
The meals supply startup's CEO and founder Deepinder Goyal additionally proposed a short lived pay minimize for all the firm. Source link
Luxurious consignment retailer The RealReal lays off 10% of workforce, furloughs 15% – TechCrunch
On-line consignment firm The RealReal is the newest tech firm to put off and furlough staff amid the COVID-19 pandemic. Within the firm’s quarterly earnings report immediately, The RealReal introduced layoffs affecting 10% of its workforce and furloughs...
Ooni’s Koda 16 pizza oven is the uncommon kitchen gadget that delivers on its promise – TechCrunch
Ooni (nee Uuni), has been round for a couple of years now, however its newest oven, the Koda 16, launched in March. Identical to everybody else, I’ve been cooped up at dwelling for weeks with nothing however the entire tasks I'd get round to at some point. On...
Payments company 2C2P launches VC arm
The new entity, called 2C2P.VC, will focus on fintech opportunities across Southeast Asia. Source link
(Up to date) 2C2P units up VC arm to make strategic funding in funds corporations in Southeast Asia
(This text has been up to date with new particulars from 2C2P) Singapore- and Bangkok-headquartered funds processing firm 2C2P has established a VC arm to make strategic investments in funds and associated sectors. With the launch of 2C2P.VC, the fintech firm...