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Hello and welcome to Daily Crunch for August 18, 2021! Good news up top: A big-hearted welcome to Kate Park, who recently joined the TechCrunch family. She’s helping expand our coverage of Asia, with a special eye on South Korea. Make sure to follow her on Twitter and say hello.
Now let’s talk Apple and crypto and startups! — Alex
The TechCrunch Top 3
Apple under ardour: Apple’s not having the world’s best daylight, retreating on a controversial browser motif option while also coming under fresh commentary for its anti-CSAM system that, it turns out, suffers from hash collisions. Not sure what that entails? Our own Zack Whittaker has you included. Good news from crypto : In the wake of Coinbase’s direct roll, we’ve seen global venture capitalists invest in a number of crypto exchanges. Raising money is never a bad sign for any technology niche. But the good news from cryptoland is more extensive than really jeopardize undertaking. TechCrunch explores. T-Mobile hacked :~ ATAGEND The possible T-Mobile hack that we shared in Daily Crunch recently is real — and jolts tens of millions of customers. As TechCrunch records, this is the “fifth time that T-Mobile was hacked in recent years.” Not good.
Our newest TechCruncher has been hard at work, which means we can spotlit some of her reporting already. Here’s Park on South Korean secondhand marketplace Danggeun Market and its recent $162 million round that ethics the company at $2.7 billion.
Before we dive into the funding round rundown, Mayfield investor Navin Chaddha wants to know what happened to risky venture capital stakes. His essay is a response to a particular part from The Information. We’ve explored the concept before, but Chaddha’s mentions are well usefulnes reading.
Now, the rest of today’s key startup information 😛 TAGEND
APIs are big business : So big-hearted in fact, that API-delivered startups aren’t the only companies creating fund off the simulate of construct developer-friendly services. Postman only heightened $225 million at a $5.6 billion valuation to help other makes improve APIs. So that other developers can more readily plug into technology products. Postman vies with Stoplight and Kong, amongst other. Worm protein cometh : Food tech is nifty. Who doesn’t like that startups are working on all sorts of alternative proteins, right? Raising cows is trash for the environment, and we all know it. But what about insects? Beta Hatch merely grew $10 million for its insect-focused protein work. Perhaps the future is crunchy. KaiPod stakes on minuscule academies : One segment of the 2020 and 2021 upturn in edtech startup activity involves cod, or “micro-schools.” Per our own Natasha Mascarenhas, Boston-based KaiPod is speculation that the mannequin is here to stay and is focusing on the homeschool sell to start. Middle-income fintech ? One nifty constituent of the world of fintech has been the use of monetary technology to reduce the cost of financial services and bring more money-management tooling to underserved societies. One is not doing that. Instead, the company is building fintech for the middle class. The startup wants to build an “all-in-one” solution, Mary Ann Azevedo reports. Planning for a soak future : That’s what FloodMapp is doing, per Danny Crichton. The startup, based in Australia, “is aiming to wash out the age-old approaches to hydrology and predictive analytics and put in place a much more modern approach to help emergency managers and citizens know when the floods are coming.” Once you know what is coming, you can prepare, get the relevant recommendations. More venture wagers on no-code :~ ATAGEND The recent work hoping to take no-code app development mainstream is Stacker. You may have heard of them. Ron Miller reports that the company merely territory $20 million from a16z in its Series A round. As with some other services, Stacker lets users turn spreadsheets into apps.( Some startups are taking the opposite approach , notably .) Today in immense startup names, RaRa Delivery just conjured $3.25 million. The Indonesian startup wants to bring same-day delivery to its home busines. Sequoia Capital India’s Surge program and East Venture contributed the round.
How to establish a health tech startup advisory board
Most startups could use an advisory board, but in health tech, it’s a core requirement.
Founders seeking to innovate in this area have a unique need for mentors who have knowledge steering regulations, fostering asset and managing R& D, to list exactly a few cases areas.
Based on his own experience, Patrick Frank, co-founder and COO of PatientPartner, shared some very specific plans about who to draft, where to find them and how to fit them into your cover table.
” You want to leverage these men so you are able to focus on the full judgment of the company to ensure it is something that both the market and investors want at proportion ,” says Frank.
( Extra Crunch is our membership platform, which assists founders and startup teams get ahead. You can sign up here .)
Big Tech Inc.
Twitter requires makes to build for its live-audio product : Twitter Room is no delivering furor at the social media giant, it materializes. Twitter is adding Infinite to its recently rebuilt API, permitting external developers to give its capabilities. Frankly, we foresee Twitter Spaces are pretty neat, so this is a welcome piece of story. Amazon invests in India : In the form of a $40 million Series C for Bangalore-based financial services startup smallcase. When we “ve been thinking about” tech megacompanies that are active investors, Amazon isn’t high on the listing, making this transaction more illustrious than most corporate go considers.
TechCrunch Experts: Rise Commerce
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If you’re puzzled about how these sketches are shaping our coverage, check out this interview Anna Heim did with Ascendant co-founder Gus Ferguson and spouse Alyssa Crankshaw, “For British agency Ascendant, proliferation market is much more than a initiate of tactics.”
Join Danny Crichton on Thursday, August 19, at 2 p.m. PDT/ 5 p. m. EDT for a Twitter Spaces interview with Sukhinder Singh Cassidy, columnist of “Choose Possibility: Take Risks and Thrive( Even When You Fail ). ”
TechCrunch Disrupt 2021
It’s nearly that time when startup followers from around the world gather at our annual meet, Disrupt, which will be held practically again this year. Join their local communities September 21 -2 3 to expand your compass and your network with founders and CEOs of Coinbase, Dapper Labs, GitLab, Canva and more. Attend for less than $100, or you can get a free Innovator Pass if you are one of the first 10 beings to register with promo system DAILYCRUNCHFREE. But you’ll want to hurry — it’s first come, first sufficed, and formerly they’re gone, they’re gone!
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