Equity Monday: Market pessimism, new iPhones, and IPOs
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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into soJumpCloud raises $159M on $2.56B valuation for cloud directory tool
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JumpCloud, the late-stage startup that is modernizing the notion of corporate directories in a cloud context, announced a $159 million Series F investment on a healthy $2.56 billion valuation today. Sapphire Ventures led the round with new investors participaOnly one week until TechCrunch Disrupt 2021 opens a world of opportunity
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One. More. Week. Just seven days until more than 10,000 people around the world storm the internet to attend TechCrunch Disrupt 2021 on September 21-23. We’re talking three event- and programming-packed days focused on anything — and everything — relateDisney+ ‘Hawkeye’ trailer shows Clint Barton’s past catching up with him
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The next Marvel Cinematic Universe show will premiere on Disney+ in November and Hawkeye has a festive setting. Watch the trailer for the new show starring Jeremy Renner and Hailey Steinfeld now.Defense Department seeks nuclear propulsion for small spacecraft
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The US Defense Department's ambitions beyond Earth just grew a little clearer. The department recently put out a call for privately-made nuclear propulsion systems for small- and mid-sized spacecraft.Dutch court finds Uber drivers are employees
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Uber has lost another legal challenge in Europe over the employment status of drivers: The Court of Amsterdam, in the Netherlands, has ruled that drivers for Uber are employed, rather than self employed contractors. The court also found drivers are covered bVector.ai’s productivity platform for freight forwarders raises $15M A round led by Bessemer
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With supply chains under constant stress because of the pandemic, freight forwarding has become one of the hottest startup sectors in the last two years. Indeed, International freight forwarding is now a $199 billion market. And the evidence is mounting. In N
Rezilion raises $30M help security operations teams with tools to automate their busywork
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Security operations teams face a daunting task these days, fending off malicious hackers and their increasingly sophisticated approaches to cracking into networks. That also represents a gap in the market: building tools to help those security teams do theirBabyscripts secures $12M to roll out its virtual maternity care model
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Babyscripts can automate 40% to 50% of prenatal care and alert doctors as health problems occur so that both mother and baby are healthy.Trade promotion management startup Cresicor raises $5.6M to keep tabs on customer spend
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The company focuses on providing small to mid-size CPG companies with an automated way to manage their trade promotion in retail stores.Freshworks aims for nearly $9 billion valuation in US IPO
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Freshworks disclosed on Monday that it is aiming for a valuation of up to $9 billion in its US initial public offering in which it is hoping to raise over $800 million. The California-based firm, which started its journey in India and rivals Salesforce, saidMarginEdge, a restaurant management software company, raises $18M
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MarginEdge’s tool is a restaurant management app that works with a business’ point of sale to streamline inventory, cost-tracking, ordering and recipes to eliminate the paperwork.Rezilion raises $30M help security operations teams with tools to automate some of their work
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Security operations teams face a daunting task these days, fending off malicious hackers and their increasingly sophisticated approaches to cracking into networks. That also represents a gap in the market: building tools to help those security teams do theirPandemic’s shift to remote wellness helps Numan raise $40M Series B led by White Star
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Numan, the European subscription service covering erectile dysfunction (ED) and men’s wellness/health needs more generally, has raised $40 million in a Series B funding round led by White Star Capital, with participation from existing investors Novator, VosThe Station: Apple car shakeup, how Sept. 11 changed travel, and a pledge from airlines
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi readers: Welcome to The Station, your central hub for all past, present and future means of mEgyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA
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Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across Africa. Today, Cairo-based B2B e-commerce startup Capiter continues that trend by raising a $33 million Series A roCommercetools raises $140M at a $1.9B valuation as ‘headless’ commerce continues to boom
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E-commerce these days is now a major part of every retailer’s strategy, so technology builders and platforms that are helping them compete better on digital screens are seeing a huge boost in business. In the latest turn, Commercetools — a provideChinese crackdown on tech giants threatens its cloud market growth
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As Chinese tech companies come under regulatory scrutiny at home, concerns and pressures are escalating among investors and domestic tech companies including China’s four big cloud companies, BATH (Baidu AI, Alibaba Cloud, Tencent Cloud and Huawei Cloud), aBillogram, provider of a payments platform specifically for recurring billing, raises $45M
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Payments made a huge shift to digital platforms during the Covid-19 pandemic — purchasing moved online for many consumers and businesses; and a large proportion of those continuing to buy and sell in-person went cash-free. Today a startup that has beenIndonesia-based Rey Assurance launches its holistic approach to insurance with $1M in funding
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Health insurance is the kind of thing people usually only think about only when they need it. Otherwise, their policies are just paperwork in their files or cards in their wallet. Indonesian insurtech Rey Assurance is taking a new approach. Once someone becomSoutheast Asia-focused Jungle Ventures announces $225M first close for its fourth fund
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Southeast Asia’s funding boom is set to continue, with Jungle Ventures announcing today the $225 million first close of its fourth fund. Fund IV started raising in mid-May and is targeting a total of $350 million. The majority of its limited partners are reTechnology giant Olympus hit by BlackMatter ransomware
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Olympus said in a brief statement Sunday that it is “currently investigating a potential cybersecurity incident” affecting its European, Middle East and Africa computer network. “Upon detection of suspicious activity, we immediately mobilizeEpic trial forces App Store changes, Android 12 launch nears, Twitter tries communities
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Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global cThe next big startup may just help venture back more startups
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Welcome to Startups Weekly, a fresh human-first take on this week’s startup news and trends. To get this in your inbox, subscribe here. Oper8r, built by Winter Mead and Welly Sculley, wants to help new entrants in the VC world scale. The accelerator launcWhat minority founders must consider before entering the venture-backed startup ecosystem
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Venture funding for entrepreneurs of color remains elusive, but here are some tricks for startup founders to hack the system.Should we care about the lives of our kids’ kids’ kids’ kids’…
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We live during a time of live, real-time culture. Telecasts, spontaneous tweetstorms, on-the-scene streams, rapid-response analysis, war rooms, Clubhouses, vlogging. We have to interact with the here and now, feel that frisson of action. It’s a compulsion:With sales momentum, Bookshop.org looks to future in its fight with Amazon
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If Gutenberg were alive today, he’d be a very busy angel investor. With book sales booming during the COVID-19 lockdowns last year, the humble written word has suddenly drawn the limelight from VCs and founders. We’ve seen a whole cavalcade of new product20 years later, unchecked data collection is part of 9/11’s legacy
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Twenty years from now, will we look back on this decade as a turning point in protecting and upholding individuals' right to privacy, or will we still be saying, «Never again,» again and again?The legal world needs to shed its ‘unicorniphobia’
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As policymakers and scholars work out how securities regulation can be used to address climate change, they should not overlook the potentially important role unicorn regulation can play.What’s happening in venture law in 2021?
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The venture world is growing faster than ever, with more funding rounds, bigger funding rounds, and higher valuations than pretty much any point in history. That’s led to an exponential growth in the number of unicorns walking around, and has also forced reTesla should say something
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Last weekend, a reader wrote to this editor, politely asking why tech companies should speak up about the abortion law that Texas passed last week. “What does American Airlines have to do with abortion?” said the reader, suggesting that companies can’tGillmor Gang: Life Goes On
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When we imagine what it will be like when we exit the pandemic, what we’re really wondering is what we want from the digital transformation we’ve seen overturn our understanding of work and living safely. As much as we long for the days of the offData remains a vital part of the marketing world
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“One of the biggest things that brands struggle with is figuring out attribution, and how you continue to spend money even though you may have lost some signal into the platform,” says Greg Gillman, chief revenue officer of LA-based performance marketing3 methodologies for automated video game highlight detection and capture
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Distilling the most impactful five to 10 minutes of content out of eight or more hours of raw video becomes a non-trivial time commitment. AI can help, but there are distinctions in methodologies.Daily Crunch: Microsoft acquires tutoring platform TakeLessons for undisclosed sum
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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.Is it so bad to take money from Chinese venture funds?
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China is the second-largest source of venture capital in the world, and Chinese investors can bring value to foreign startups, but you need to study their expertise and how it can be useful for you.What we expect from next week’s Apple event
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We’ve been scouring the latest rumors and leaks and playing all of The Mamas and The Papas songs forward and backward to get the best possible picture of what we’re in store for with next Tuesday’s “California Streaming’” event. The invites, whicIs India’s BNPL 2.0 set to disrupt B2B?
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A specific vertical of BNPL products is gaining traction: one targeted toward small and medium enterprises (SMEs), also known as «SME BNPL.»Extra Crunch roundup: China’s new data privacy law, fractional farming, debt vs. equity
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China’s first data privacy laws go into effect on November 1, 2021. Will your company be in compliance? Modeled after the EU’s GDPR, the new regulations “[introduce] perhaps the most stringent set of requirements and protections for data privacy in
