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Hello, and “Happy Friday Junior” as someone put in the email to me today. I hope you have a productive Thursday. came It hangs around with a lot of robotics technology, so today it’s just me and my trusty Lakeland Terrier friend to deliver the sweet news goodness. Please enjoy the Pitch Deck Teardown on Five Flute while he’s gone. Unfortunately for this flute player, not a flute maker. see you soon! – Christine
TechCrunch’s Top 3
- The woes of data protection: Facebook managed to avoid being blocked in Europe, but Natasha L The parent wrote that he might face a meta ban.
- Here and then: I wrote about wealth technology company Farther, which raised $15 million in funding to raise its valuation to $50 million. The company provides tools for financial advisors to grow their businesses, and also allows users to do fun things like “cash waterfalls,” which means they can decide where the surplus goes whenever they get extra cash.
- Borrowing a bit from Apple: Ivan He writes that as Google continues to integrate Duo and Meet, it is introducing a new feature that will allow users to watch YouTube and Spotify together.
Startups and VCs
I am happy Dominic MadoriToday’s story about supply chain technology company Stimulus, which has raised $2.5 million in seed funding. Stimulus, she writes, offers a product that helps businesses cut costs by eliminating unrelated vendors and introduces a variety of vendors to companies they might otherwise ignore.
Creating internal applications can be time-consuming for companies. Kyle Introducing Superblocks, a company that makes it easy for businesses to build their own.
- It gives you wings: Mike He writes about the UK’s Enterprise Investment Scheme, which created an “institutional angel fund” to enable small companies to get their first big funding boost.
- Give me that skillMedical students often learn by doing, but in the age of surgical robots, their education is now moving into virtual reality. One such company is FundamentalVR, which has raised $20 million to make simulations more realistic. Paul Reports.
- From boarding to boardingLast year Kenyan B2B e-commerce platform Marketplace had thousands of merchants on board, and take up The company is understood to have laid off 9% of its employees after the focus.
- Present!: Natasha MA recent TechCrunch+ story looks at if edtech is still a venture-backed industry. She spoke to seven investors to find out more.
- Your food can be low-carbJust as we see our carbon footprint, Curry has developed a similar app for our food came He wrote.
7 Investors Discuss Why EdTech Startups Need to Get Back to Basics to Survive
Image Credits: Boris Zhitkov (Opens in a new window) / Getty Images
Before the pandemic, edtech wasn’t a particularly bubbly sector. In 2019, these startups received nearly $7 billion in VC funding, Crouchbase said. Last year, that figure rose to $20 billion after efforts to limit the spread of Covid-19 among students of all ages.
To learn more about how edtech is faring in the current recession, Natasha Mascarnhas spoke to seven VCs about her advice to portfolio companies and where edtech is moving into other sectors and how they choose to invest.
- Ashley Bittner and Kate Ballinger, Firework Ventures
- Jan Lynn-Matern, Founder and Partner, Emer Education
- Malvika Bhagat and Kriti Bansal, Owl Venture
- Jomayra Herrera, Partner, Access Capital
- Rebecca Cadden, General Partner, Union Square Ventures
Jomayra Herrera of Rich Capital said: “I would say the last few years have been more unusual and we are returning to a sustainable pace.
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can register here..)
Big Tech Inc.
Recent financial pressures have forced Rivia to take some measures, including laying off 900 workers in July. Second quarter earnings are coming later today, and Jacqueline 3 things to watch for Rivian’s Q2 earnings shift into gear.
Xiaomi has a couple of new products that it has brought for you Brian And Ivan. The first one is about the new humanoid robot, which makes me think of the movie “I, Robot”. The second foldable phone is only available in China.
Speaking of phones, anyone who misses the old Motorola Razr will want to check out the new version. Brian It has more.
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