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White-label SaaS shipping startup Outvio closes $3M round led by Change Ventures

Outvio, an Estonian startup that provides a white-label SaaS fulfillment solution for medium-sized and large online retailers in Spain and Estonia, has closed a $3 million early-stage financing round

Gillmor Gang: Social Climbing

Fear is back with the deadly combination of pandemic politics and a vicious variant. The good news is that if enough people took the shots we could cut the damage to something manageable. The other go

EU hits Amazon with record-breaking $887M GDPR fine over data misuse

Luxembourg’s National Commission for Data Protection (CNPD) has hit Amazon with a record-breaking €746 million ($887m) GDPR fine over the way it uses customer data for targeted advertising purpose

Chilean fintech Xepelin secures $230M in debt and equity from Kaszek, high-profile angels

Xepelin is built on a SaaS model designed to give SMEs a way to organize their financial information in real time.

Cheltenham’s GCHQ to get a massive, cyber-oriented tech startup campus right next door

The development is projected to add 12,000 new jobs, 2 million square feet of offices and 3,700 new homes.

Growth is not enough

The week brought together both this quarter's earnings cycle and the Q3 IPO rush. So, it was just a little busy!

Platform as a service startup Porter aims to become go-to for deploying, managing cloud-based apps

Any DevOps team can use Porter to manage applications in the cloud, delivering the full flexibility of Kubernetes through a Heroku-like experience.

Gopuff confirms new $1B cash injection at a $15B valuation to expand its instant grocery delivery service

Gopuff said it plans to use the funding to continue expanding in North America, the U.K. and Europe, among other things.

Catch takes hold of $12M to provide benefits that aren’t tied to employers

Catch is working to make sure that every gig worker has the health and retirement benefits they need.

Airtel Africa gets an extra $200M for its mobile money business from QIA

Qatar Holding LLC, an affiliate of Qatar Investment Authority, the sovereign wealth fund of Qatar, is set to invest $200 million into AMC BV through a secondary purchase of shares from Airtel Africa.

Introducing the Open Cap Table Coalition

If this coalition gets all the relationships right, doesn’t get greedy and understands that there is a social good component here, this could be as impactful as the SAFE was.

Daily Crunch: Scarlett Johansson sues Disney, says streaming release of ‘Black Widow’ breaches contract

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

Another banner quarter as Chromebook shipments grow 75% YOY

Last quarter, Chromebooks saw 275% year-over-year growth up to 12 million units. The figure isn’t quite as unwieldy for Q2, but a 75% year-over-year growth is still extremely respectable, with the c

Varda Space Industries closes $42M Series A for off-planet manufacturing

Varda Space Industries has raised a $42 million Series A to bring to manufacturing a key capability that can only be found off-world: microgravity. The eight-month-old startup is looking to establish

4 key areas SaaS startups must address to scale infrastructure for the enterprise

As companies grow, their security and reliability needs evolve. When working with large customers, having empathy for these needs will go a long way.

Pinterest shares drop as company misses on user growth … again

Pinterest’s shares had popped last week when Snap posted its best quarter in four years, as investors were betting Pinterest’s image-based social app would also see a return in advertiser

Robinhood’s stock drops 8% in its first day’s trading

Once the U.S. consumer investing and trading app began to allow investors to trade its shares, they went down sharply, off more than 10% in the first hours of its life as a floating stock.

Horizon Blockchain Games raises $4.5M for its NFT trading card game and wallet

Horizon Blockchain Games is — as the name implies — a company building games on the blockchain, along with tools to help others do the same. The company announced today that it has raised another

Biofourmis receives FDA breakthrough device designation for heart failure “digital therapy”

Kuldeep Singh Rajput, the founder of Boston-based Biofourmis, is imagining a future where heart failure patients go home with a prescription, a wearable sensor and an app. Today, a new FDA designation

Zūm wins $150M from San Francisco schools to modernize and electrify student transport

The San Francisco Unified School District (SFUSD) has awarded Zūm, a startup that wants to upgrade student transportation, a five-year $150 million contract to modernize its transport service through
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