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Getting power from poop, with Levidian’s Loop

The U.K. water processing industry produces a godawful amount of biogas annually. The gasses are primarily used to generate operational heat and power on-site, or they can be turned into biomethane an

YC grad QuotaBook raises $11M to scale its equity management platform

QuotaBook, a Seoul-based equity management platform, has raised $11 million in funding led by Elefund, with participation from Access Ventures, Hana Securities and South Korean fintech company Viva Re

American Airlines to buy 20 jets from Boom Supersonic

American Airlines will buy up to 20 jets from Boom Supersonic, an aircraft maker that aims to commercialize supersonic, and super-fast, flight. Boom’s Overture four-engine jets promise speeds of

Google makes robots smarter by teaching them about their limitations

If you’ve used a smart voice assistant such as Alexa, Siri and whatever-Google’s-smart-assistant-is-called, you’ll probably have noticed that the tech is getting smarter every day. G

From ‘literally zero’ experience to $100M, this VC is raising his second climate tech seed fund

If you ask me, climate tech investor Contrarian Ventures isn’t so contrarian anymore. The five-year-old firm is targeting $100 million for its second seed-stage fund, and it’s doing so sma

Daily Crunch: 7 months after emerging from stealth, YC alum Arc secures $20M Series A

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

SAIC Mobility Robotaxi valued at $1B after $148M Series B

SAIC Mobility Robotaxi, an arm of state-owned Chinese automaker SAIC that aims to launch a commercial robotaxi service, raised $148 million (RMB 1 billion). The funds will be used to scale its robotax

How a16z’s investment into Adam Neumann further solidifies the ‘concrete ceiling’

The Neumann announcement reminded many founders that one cannot out-educate, out-network and out-assimilate the systemic barriers designed to discriminate against them.

Facebook will disable new political ads a week before US midterm elections

Meta loosely outlined how it plans to brace its platforms for the upcoming U.S. midterm elections Tuesday, starting with political ads. In November, the nation will decide a number of key congressiona

Pomelo exits stealth mode with $20M seed to rethink international money transfer

Eric Velasquez Frenkiel had a seemingly simple thought when visiting his family in the Philippines, impressed by the cashless economy that had formed. Instead of sending money to his family once a yea

Winners, losers abound as Inflation Reduction Act becomes law

As with any legislation, there are winners and losers. But the details matter, and some climate tech sectors got a better deal than others.

As digital tracking wanes, companies turn to online communities for direct access to customers

We spoke to a number of industry experts to get their take on community building and what it means for SaaS companies as they look for growth opportunities in a changing privacy landscape.

Pliops lands $100M for chips that accelerate analytics in data centers

Analyzing data generated within the enterprise — for example, sales and purchasing data — can lead to insights that improve operations. But some organizations are struggling to process, st

Faraday Future seeks to raise capital after massive Q2 loss

Faraday Future, maker of the long-delayed FF91 EV, re-upped its commitment to raising funds while reporting Tuesday that its second-quarter operating losses more than quadrupled. The company posted an

Watch NASA roll out the mega moon rocket Space Launch System ahead of launch

NASA engineers have completed final tests of the Space Launch System (SLS), clearing the way for the mega moon rocket to roll out to the launch pad today instead of Friday as originally planned. The s

Walmart’s last-mile delivery service, Walmart GoLocal, tops 1M deliveries in year one

Walmart’s last-mile delivery service business, Walmart GoLocal, has topped 1 million deliveries in its first year, the retailer today revealed. The company offered a brief update on the state of

The venture slowdown finally hit early-stage valuations, PitchBook data shows

According to PitchBook, the median valuation of early-stage U.S. startups that raised venture capital was lower last quarter than in Q1 2022.

The Roku Channel adds 14 linear channels, expanding its local news offering

Roku announced today that it added 14 new linear channels through its Live TV Guide on its free streaming hub, The Roku Channel, including several new local news streams. Viewers can now access three

TechCrunch+ roundup: Usage-based billing, web3 fundraising, Serena Williams’ next act

Netflix lost almost a million subscribers in the last quarter, and it expects to shed hundreds of thousands more this year. Does that mean consumers are suffering from "subscription fatigue?"

Six conversations that bring nuance to tech’s layoff wave

This cycle of tech layoffs has been consistent yet highly nuanced. No two layoffs are the same, both when comparing two separate companies which happened to have cut a fifth of staff in the same hour
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