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Extra Crunch roundup: cohort analysis, YC Demo Day recaps, building your supply chain

We're off on Monday, September 6 to celebrate America's Labor Day holiday, but we'll be back with new stories (and a very brief newsletter) on Tuesday morning.

Australia’s TechnologyOne acquires UK-based higher-ed platform Scientia for $16.6M

TechnologyOne, an Australian SaaS enterprise, has agreed to acquire UK-based higher education software provider Scientia for £12 million /$16.6 million in cash.   TechnologyOne claims to have 75% of Higher Education institutions in Australia using its softw

Barbershop technology startup theCut sharpens its platform with new $4.5M round

The mobile app that provides information and reviews on barbers for potential customers while also managing appointments, mobile payments and pricing on the back end for barbers.

Apple delays plans to roll out CSAM detection in iOS 15

Apple has delayed plans to roll out its child sexual abuse (CSAM) detection technology it chaotically announced last month, citing feedback it has received. That feedback, if you recall, has been largely negative. The Electronic Frontier Foundation said this

Customer experience startup Clootrack raises $4M, helps brands see through their customers’ eyes

Clootrack is a real-time customer experience analytics platform that helps brands understand why customers stay or churn

The Loot project flips the script on NFTs

Editor’s note: Kyle Russell is the founder of Playbyte, a startup building an app that lets people make games on their phones. Last Friday, Dom Hofmann tweeted the launch of Loot, one of his new projects looking at games and game creation through the l

SimpliFed serves up $500,000 pre-seed toward infant nutrition support

SimpliFed’s platform is a judgement-free zone providing evidence-based information on nutritional health for babies.

Zip acquisition of Payflex means Africa is ripe for BNPL disruption

Australian buy now, pay later (BNPL) company Zip this week acquired South Africa-based BNPL player Payflex for an undisclosed amount. It’s a piece of news that once again highlights the hype around BNPL services and the quest for global dominance among

For VCs, the game right now is musical chairs

In many ways, there has never been a better time to be a venture capitalist. Nearly everyone in the industry is raking in money, either through long-awaited exits or because more capital flooding into the industry has meant more money in management fees  

DoorDash workers protest outside CEO Tony Xu’s home demanding better pay, tip transparency and PPE

California DoorDash workers protested outside of the home of DoorDash CEO Tony Xu on Thursday, prompted by a recent California Superior Court Judge ruling calling 2020’s Proposition 22 unconstitutional. Prop 22, which was passed last November in California

Firefly launches its first rocket, but loses the launch craft in mid-flight explosion

Firefly launched its first rocket from Vandenberg Space Force Base in California, and on board it carried a number of payloads with an intended destination of low Earth orbit. The rocket took off as planned, and seemed to be doing fairly well during the initi

Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent

Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia & India, Quona Capital, Aflac Ventures and Z Venture Capital. The company say

Startups should look to state-of-the-art tech to tackle diseases affecting women

Using state-of-the-art technologies on complex women’s diseases will allow the field to advance much faster and can put drug candidates into clinics in a few short years.

BMW Group’s Neue Klasse lineup to focus on circular economy to achieve reduction in CO2 emissions

The BMW Group announced Thursday its intentions to commit to a 50% reduction from 2019 levels in global carbon dioxide emissions during the use-phase of its vehicles by 2030, as well as a 40% reduction in emissions during the life cycle of the vehicle. These

Online learning platform Class 101 bags $26M Series B to support growth

Everything is switching from offline to online mode, spurred by the pandemic, and that also has turned around things for the creative economy. Creative professionals continue to look for ways to monetize their talents and knowledge through online education pl

Daily Crunch: 8 Indian banks launch Account Aggregator to centralize consumers’ financial data

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Roli is rebooting as Luminary, following financial struggles

I was fascinated by Roli the first time I saw founder/CEO Roland Lamb bending the keys of the Seaboard back at SXSW in 2013. Over the years, the London-based company has continued to offer creative musical solutions, including 2016’s modular Blocks system.

FAA grounds Virgin Galactic amidst investigation into July mission

Remember that story we posted earlier today about Virgin Galactic’s first commercial flight scheduled to launch in September? We may have spoken too soon. This afternoon, the Federal Aviation Administration said it was grounding all Virgin Galactic flights

Shepherd raises $6.2M seed round to tackle the construction insurance market

Shepherd fits into a theme of neoinsurance providers selling more to other companies than to consumers -- and wagering on there being margin elsewhere in the insurance world to attack.

Use cohort analysis to drive smarter startup growth

Cohort analysis is a way of evaluating your business that involves grouping customers into «cohorts» and observing how they behave over time.

FBI says Chinese authorities are hacking US-based Uyghurs

The FBI has warned that the Chinese government is using both in-person and digital techniques to intimidate, silence and harass U.S.-based Uyghur Muslims.  The Chinese government has long been accused of human rights abuses over its treatment of the Uyghur p

Voice chat is coming to Roblox

As one of the frontrunners in the race to build the metaverse, Roblox is thinking ahead to what virtual worlds really need. And while the platform has had no shortage of growth on its current course — as of July, it boasted 47 million daily active users

Fintech startup Jeeves raises $57M, goes from YC to $500M valuation in one year

Last summer, Jeeves was participating in Y Combinator’s summer batch as a fledgling fintech. This June, the startup emerged from stealth with $31 million in equity and $100 million in debt financing.  Today, the company, which is building an “all-in-one

Botify raises $55 million to optimize search engine indexing

Botify has raised a $55 million Series C funding round led by InfraVia Growth with Bpifrance’s Large Venture fund also participating. The company has created a search engine optimization (SEO) platform so that your content is better indexed and appears mor

Locast suspends local TV streaming service in wake of court ruling

Local TV streaming service Locast has closed up shop, following a ruling on Tuesday that it couldn't use its non-profit status as a legal shield. Networks claimed Locast violated their copyright.

Virgin Galactic looks to late September, early October for first commercial crewed flight

Just two months after celebrating its first manned launch to orbit – which is now under investigation with the Federal Aviation Administration – Virgin Galactic wants to return to space. The company will be conducting its first commercial mission, the 23r

Panorama raises $60M in General Atlantic-led Series C to help schools better understand students

Panorama Education, which has built out a K-12 education software platform, has raised $60 million in a Series C round of funding led by General Atlantic. Existing backers Owl Ventures, Emerson Collective, Uncork Capital, the Chan Zuckerberg Initiative and Ta

Elon Musk warns the Tesla Roadster might not ship until at least 2023

Add the Roadster to the list of delayed Tesla vehicles. On Wednesday, CEO Elon Musk said the performance EV wouldn’t make its previously announced 2022 shipment date.

Tesla ordered to share Autopilot data with the US traffic safety agency

Tesla was ordered to hand over Autopilot data by October 22 or be fined up to $115 million, in an investigation into Tesla cars with Autopilot activated crashing into parked first responder vehicles.

Alphabet X’s exosuit

Last week, Kathryn Zealand shared some insight on the eve of Women’s Equality Day. The post highlighted an issue that’s been apparent to everyone in and around the robotics industry: there’s a massive gender gap. It’s something we try to be mindfu

Europe’s top court slaps down ‘zero rating’ again

Europe’s top court has dealt another blow to ‘zero rating’ — ruling for a second time that the controversial carrier practice goes against the European Union’s rules on open Internet access. ‘Zero rating’ refers to co

Explosion snags $6M on $120M valuation to expand machine learning platform

Explosion, a company that has combined an open source machine learning library with a set of commercial developer tools, announced a $6 million Series A today on a $120 million valuation. The round was led by SignalFire, and the company reported that today

Tracking startup focus in the latest Y Combinator cohort

First, some housekeeping: Thanks to our new corporate parents, TechCrunch has the day off tomorrow, so consider this the last chapter of The Exchange for this week. (The newsletter will go out Saturday as always.) Also, Alex is off next week. Anna is taking o

YouTravel.Me packs up $1M to match travelers with curated small group adventures

YouTravel.Me is the latest startup to grab some venture capital dollars as the travel industry gets back on its feet amid the global pandemic.

HomeLight closes on $100M Series D at a $1.6B valuation as revenue surges

HomeLight, which operates a real estate technology platform, announced today that it has secured $100 million in a Series D round of funding and $263 million in debt financing. Return backer Zeev Ventures led the equity round, which also included participatio

Station F launches FemTech Program on its startup campus

Paris-based startup megacampus Station F is announcing a new program for early-stage startups looking for opportunities to join the Station F community — the FemTech Program. With this new program, the Station F team wants to put a spotlight on FemTech star

Point raises $46.5 million for its premium debit card

Challenger bank Point has raised a $46.5 million Series B funding round. The company offers an account associated with a debit card. And the startup positions itself as a premium debit card company and tries to offer credit card rewards with debit cards. Exis

FTC bans spyware maker SpyFone, and orders it to notify hacked victims

The Federal Trade Commission has unanimously voted to ban the spyware maker SpyFone and its chief executive Scott Zuckerman from the surveillance industry, the first order of its kind, after the agency accused the company of harvesting mobile data on thousand

Pixalate tunes into $18.1M for fraud prevention in television, mobile advertising

Pixalate provides fraud protection, privacy and compliance analytics for connected television and mobile advertising.

India launches Account Aggregator to extend financial services to millions

India’s top banks five years ago built the interoperable UPI railroads and enabled over 150 million people in the South Asian market to pay digitally. Scores of firms — including local firms Paytm, PhonePe, CRED and international giants Google and Fac
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