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Enterprise escalator Impact Rooms rises to prepare African startups for growth and investment

A few years ago, at the start of the fintech services boom in Africa, Oliver Blantern got an opportunity to work in the continent offering advisory services to high-growth startups. For slightly over

TrueNorth has raised $50 million from Sam Altman and others to empower independent truckers

Jin Stedge studied aerospace engineering at MIT, but after she found herself at Scotty Labs, an SRI International spin-out focused on autonomous driving, she says she came to appreciate how far away t

Lydia grabs another $100 million for its European financial super app

Just a few weeks after announcing stock and crypto trading, French fintech startup Lydia is announcing that it has raised a $100 million Series C round. With this funding round, the startup has reache

Indonesian fintech Flip secures $48M in Series B to support expansion

Flip, an Indonesia-based fintech startup, announced today it has raised $48 million in a Series B to accelerate its growth. The funding brings Flip’s total capital raised to $65million.  Sequoia Ca

Visa hopes its new crypto consulting arm will help it become cooler than its competition

The world’s largest card company just doubled down on its bid to capture the crypto market. Visa announced today that it has launched a crypto advisory practice for its clients and partners under it

Autonomous driving startup Deeproute.ai prices L4 solution at $10,000

Deeproute.ai, an autonomous vehicle startup with offices in Shenzhen and Fremont, California, unveiled an ambitious self-driving solution on Wednesday. The package, named DeepRoute-Driver 2.0, is a pr

Better.com CEO Vishal Garg apologizes to current employees for ‘blundering’ of mass layoffs; SPAC delayed

Better.com CEO Vishal Garg apparently realizes he’s done wrong. (As if the barrage of negative publicity wasn’t enough evidence of that.) Today, a letter to current employees was leaked on Blind b

On 5th anniversary, the CZI’s science program announces new institutes and efforts in biotech

It’s been five years since the founding of the Chan Zuckerberg Initiative’s Science program (not CZI itself, which is a year older), which has proven to be quite a generous patron of cutti

Invest in Earth’s biggest problems to save the planet and turn a profit

The bigger the impact, the bigger the problem — and likely the bigger the market opportunity and financial return. Impact is where the problems are.

Daily Crunch: Digital infrastructure giant Equinix buys Nigeria-based MainOne for $320M

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

TechCrunch+ roundup: Credit Karma post-exit, recruiting developers, re:Invent recap

The very day in Feb. 2020 that Credit Karma planned to announce that it had been acquired by Intuit for over $7 billion, the stock market tanked, spooked by news that a virus could start a pandemic.

AWS opens ‘top secret’ western region for US government customers

“Amazon’s cloud arm, AWS, announced a new ‘top secret’ region this week, designed specifically for the U.S. government. It is Amazon’s second such region. The company now

Better.com’s PR, comms, marketing heads submit resignations in wake of layoffs fiasco

Better.com continues to find new ways to make itself look bad. This week, sources familiar with internal happenings within the company told TechCrunch the company’s VP of communications, Patrick Len

Facebook’s new website lets fans buy ‘Stars’ without paying the app stores’ commissions

Meta (formerly Facebook) has found a new way to avoid the app stores’ commissions on in-app purchases with the launch of a new website where people can buy “Stars” — the virtua

Amazon Web Services went down and took a bunch of the internet with it

Users are reporting a widespread outage at Amazon Web Services, bringing down websites and backend services for organizations including the Associated Press, Disney+ and Vice.

MainOne CEO Funke Opeke says Equinix is buying her company for the right price

The African tech scene woke up today to exciting news about the landmark acquisition of MainOne, one of the region’s most important and pivotal tech companies in the past decade, by Equinix, a U.S.

USAID should let for-profit companies help it build a better world

If USAID's NPI expands to work with tech companies, they can provide USAID with existing tools and solutions. Opening up NPI to for-profit businesses is the first step in doing so.

TechCrunch wants to meet your startup at CES 2022

After a year away, we’re less than a month out from the next CES. Seeing as how it’s a hybrid event (as, we assume, most events will be, going forward), TechCrunch is taking a hybrid approach to t

Jupe wants to solve for X, where X is the 1.5B people without adequate shelter

“We’re not making fucking glamping tents for bros at Coachella,” Jeff Wilson, co-founder and CEO at Jupe is eager to reassure me, as he outlines his vision for the company. “At

Gift Guide: Camping gear you won’t regret buying

Buying camping gear is all about making tradeoffs. Lightweight backpacking gear may be perfect for trips where you carry everything with you but might not be quite as sturdy as the heavier options. Li
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