It’s time for the VC community to stop overlooking the childcare industry
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The revitalization of the childcare sector would benefit from an ambitious and galvanizing “moonshot” goal, like providing universal, free childcare for all Americans.Walmart announces GoLocal, a last-mile delivery service for other retailers
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Walmart today announced of a new delivery service business called Walmart GoLocal, which allows other merchants, both large and small, to tap into Walmart’s own delivery platform to get orders to their customers. Merchants can choose to the use the servTrym adds crop steering to its cannabis seed-to-sale platform
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Crop steering turns growing carrots or cannabis from an art into a science. Indoor growers have long turned to this practice to improve yields, which involves precisely controlling and manipulating three variables: light, climate, and irrigation. If tweaked pSora’s HR automation software raises $14M Series A
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Two Sigma Ventures led the financing event, putting in $10 million, with prior investors completing the round.testRigor scores $4M seed to turn a list of actions into a QA testing script
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Imagine typing out of a series of steps in plain English that would reflect a list of actions a human QA tester would undertake to test an app, then turning that list into an automated testing script. That’s exactly what testRigor, a member of the Y Com
After testing, Instagram launches ads in the Instagram Shop tab globally
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Last year, Instagram unveiled Shops as part of Facebook’s larger pivot toward e-commerce. Shops is front-and-almost-center on the app’s bottom navigation bar, even more readily accessible than the button to upload a new photo. Now, after testing iSubstack acqui-hires team behind subscription social app Cocoon
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Subscription newsletter platform kingpin Substack shared today that they’ve acqui-hired the team behind Cocoon, a subscription social media app built for close friends. We covered the Y Combinator-backed startup’s initial $3 million seed raise leWhy global investors are flocking to back Latin American startups
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The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing startup scene in the region, with proven successes such as NubanTikTok expands Shopify partnership, pilots TikTok Shopping in US, UK and Canada
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TikTok is moving into e-commerce. The company announced this morning an expanded partnership with e-commerce platform Shopify, as well as a pilot test of TikTok Shopping among select Shopify merchants across the U.S., U.K., and Canada in the weeks to come. ThHunters brings in $30M Series C to grow XDR security tech
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With the growing volume of ransomware and supply chain security attacks, there is a need for organizations to more rapidly detect threats. It’s that opportunity that startup Hunters is looking to capitalize on as the company today announced that it hasBrazilian fintech Cora raises $116M Series B as Tiger Global, Tencent sign on as investors alongside Greenoaks
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Cora, a Brazilian digital lender to small-and-medium-sized businesses, has raised $116 million in a Series B round led by Greenoaks Capital. This is a large Series B by any standards, but particularly so for a Latin American startup. It’s also notable thatTango dances in with $5.7M, making employee onboarding easier
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Tango is designed to help employees get back as much as 20% of their workweek spent searching for that one piece of information or tracking down the right colleague to assist with a task.Spotify’s Podcasts Subscriptions service is now open to all U.S. creators
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Spotify is today opening up access to Podcast Subscriptions to all podcast creators in the U.S., after first launching the service for testing with a smaller number of creators back in April. Through Spotify’s podcast creation tool Anchor, podcasters of alAutomotive startup Upstream raises $62M Series C to scale cloud-based security
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Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter, Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around automotiInfinite Canvas raises $2.8M for a metaverse creator group modeled after esports teams
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With the promise of an interconnected virtual world coming into focus and user-crafted gaming content exploding, Infinite Canvas is looking to apply lessons learned in the esports boom to the metaverse. “Metaverse” is the hot buzzword right now, bShipt’s new feature pairs members with their favorite, 5-star shoppers
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Target’s same-day delivery service Shipt is launching a new feature that will pair customers with their favorite shoppers on future orders. This “Preferred Shoppers” feature will be available as a membership-only perk at no extra charge, offNS1 brings open-source service NetBox to the cloud
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New York City based startup NS1 got its start providing organizations with managed DNS services to help accelerate application delivery and reliability. With its new NetBox Cloud service that is being announced in preview today, NS1 is expanding its servicesICON lands $207M Series B to construct more 3D-printed homes after seeing 400% YoY revenue growth
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Creating single-family homes for the homeless using 3D printing robotics. Developing construction systems to create infrastructure and habitats on the moon, and eventually Mars, with NASA. Delivering what is believed to be the largest 3D-printed structure inPeloton Tread arrives next week with enhanced safety features, following recall
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During a banner year for connected fitness, Peloton stumbled, as its two treadmills – the Tread+ and Tread – drew the scrutiny of the U.S. Consumer Product Safety Commission (CPSC). The two eventually collaborated for the planned recall of 125,000 Tread+Samsung to invest $205B in semiconductor, biopharma and telco units by 2023, creating 40,000 jobs
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Samsung Group, South Korea’s tech giant, announced on Tuesday that it will invest $205 billion (240 trillion won) in their semiconductor, biopharmaceuticals and telecommunications units over the next three years to enhance its global presence and lead in nePlentific cements $100M to expand its property management SaaS
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London based Plentific, which operates a marketplace SaaS platform targeting the property management space, has closed a $100 million Series C. The funding round is led by new investors Highland Europe and Brookfield Technology Partners — the VC arm ofA new NSO zero-click attack evades Apple’s iPhone security protections, says Citizen Lab
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A Bahraini human rights activist’s iPhone was silently hacked earlier this year by a powerful spyware sold to nation-states, defeating new security protections that Apple designed to withstand covert compromises, say researchers at Citizen Lab. The actiIndia’s Khatabook raises $100 million for its bookkeeping platform for merchants
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Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services. The startup’s new financing rounIndia’s KhataBook raises $100 million for its bookkeeping platform for merchants
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Khatabook, a startup that is helping merchants in India digitize their bookkeeping and accept online payments, said on Tuesday it has raised $100 million in a new financing round as it prepares to launch financial services. The startup’s new financing rounSoBanHang gets $1.5M to help small Vietnamese stores sell online for the first time
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A few months ago, brothers Hai Nam Bui and Hai Long Bui were developing a bookkeeping app for small retailers in Vietnam. Called SoBanHang (or “sales book”), it would help businesses that usually rely on paper ledgers digitize their operations, similar tPakistan’s B2B marketplace and digital ledger platform Bazaar raises $30 million
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A one-year-old startup that is building a business-to-business marketplace for merchants in Pakistan and also helping them digitize their bookkeeping is the latest to secure a mega round in the South Asian market. Bazaar said on Tuesday it has raised $30 millGM says it will seek reimbursement from LG Chem for $1B Chevy Bolt recall losses
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American automaker General Motors expanded its recall of Chevrolet Bolt electric vehicles on Friday due to fire risks from battery manufacturing defects. The automaker said it would seek reimbursement from LG Chem, its battery cell manufacturing partner, forJapan’s B2B ordering and supply platform CADDi raises $73 million Series B funding
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With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. CADDi, a Tokyo-basDaily Crunch: Virgin Orbit rockets to $3.2B valuation in SPAC merger
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Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.Back to the suture: The future of healthcare is in the home
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In-home care is nothing new. In the 1930s, over 40% of physician-patient encounters took place in the home, but by the 1980s, that figure dropped to under 1%.Rocket Lab’s Mars mission gets green light from NASA
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Rocket Lab is one step closer to going to Mars with NASA’s approval of the company’s Photon spacecraft for an upcoming science mission. If all continues according to plan the two craft will launch in 2024 and arrive on the red planet 11 months latSpaceX ships 100,000 Starlink terminals to customers, eyes future launches using Starship
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Elon Musk’s Starlink project, which aims to provide global broadband connectivity via a constellation of satellites, has shipped 100,000 terminals to customers. 100k terminals shipped!https://t.co/Q1VvqVmJ2i — Elon Musk (@elonmusk) August 23, 2021 It’sSamsung’s Galaxy Z Flip 3 is the foldable to beat
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I took a long walk on Saturday. It’s become a routine during the pandemic, a chance to unwind after too many hours indoors, while seeing parts of the city that would otherwise be lost to subway rides in normal years. Saturday was more purpose-driven, headinElastic acquires build.security for security policy definition and enforcement
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Less than a year after raising its $6 million seed funding round, Tel Aviv and Sunnyvale-based startup Build.security is being acquired by Elastic. Financial terms of the deal are not being publicly disclosed at this time. The deal is expected to close in ElaHow Cisco keeps its startup acquisition engine humming
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Cisco has a rich history of buying its way to global success. And it's remained quite active, acquiring more than 30 startups over the last four years for a total of 229 over the life of the company.Instagram is ditching ‘swipe-up’ links in favor of stickers
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Instagram is ditching the “swipe-up” link in Instagram Stories starting on August 30. The popular feature has historically allowed businesses and high-profile creators a way to direct their Story’s viewers to a website where they could learOnlyFans’ explicit content ban should spark a conversation about a creators’ bill of rights
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OnlyFans’ decision to ban sexually explicit content is reigniting an important and overlooked conversation around tech companies, content guidelines and sex work.OpenTable integrates CLEAR’s digital vaccine card for restaurants requiring proof of vaccination
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Cities like New York City, San Francisco and New Orleans are moving to enact COVID-19 vaccination requirements for indoor dining. So OpenTable, the online restaurant reservation service, is rolling out features to help restaurants streamline vaccination checkIntel inks deal with Department of Defense to support domestic chip-building ecosystem
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Intel has signed a deal with the Department of Defense to support a domestic commercial chip-building ecosystem. The chipmaker will lead the first phase of a program called Rapid Assured Microelectronics Prototypes – Commercial (RAMP-C), which aims to b
