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JW Player raises $100M to build subscriptions and other monetization tools around its video software

JW Player, a very early mover in the market for online video technology — it powered YouTube’s first video player, before Google acquired it and it built its own — has long been prof

Orbion, manufacturer of in-space plasma propulsion systems, raises $20M Series B

Electric propulsion developer Orbion Space Technology has raised $20 million in a Series B funding round, which it says it will use to scale production capacity of its Aurora propulsion system. The Mi

Volvo’s flagship electric SUV will come with Luminar’s lidar and software as standard

Volvo Cars and Luminar Technologies are beefing up their partnership. The two companies said Thursday that Luminar’s autonomous driving stack – a combination of hardware and software that includes

Accept.inc secures $90M in debt and equity to scale its digital mortgage lending platform

A lot of startups were built to help people make all-cash offers on homes with the purpose of gaining an edge against other buyers, especially in ultra-competitive markets.  Accepti.inc is a Denver-b

Walmart’s AI is getting smarter about grocery delivery

It’s no surprise that the coronavirus pandemic has changed the way we shop, especially when it comes to groceries. Grocery delivery apps experienced a record number of downloads in March 2020, a

BMW i Ventures invests in autonomous truck technology company Kodiak Robotics

BMW’s Silicon Valley-based venture capital arm is investing in Kodiak Robotics, a company that develops autonomous trucking technology.  Kodiak will use the funds to build out a safety case for its

Deliveroo defeats another workers’ rights challenge in UK courts

Deliveroo has had another win in the UK courts, beating back an appeal by the IWGB union which has sought for years to challenge the gig platform over couriers’ rights but has continued to fail

Visa to acquire open banking platform Tink for more than $2 billion

Visa has announced plans to acquire Tink for €1.8 billion, or $2.15 billion at today’s exchange rate. Tink has been a leading fintech startup in Europe focused on open banking application programm

Taptap Send gets $13.4M for a no-fee money transfer service aimed at price-conscious emerging market users

Remittances — specifically when people in developed countries send money to family or friends in emerging markets — continues to be a huge lever to help those in more challenging economies

Andreessen Horowitz triples down on blockchain startups with massive $2.2 billion Crypto Fund III

While the cryptocurrency market’s most recent hype wave seems to be dying down after a spectacular rise, Andreessen Horowitz’s crypto arm is reaffirming its commitment to startups building

Firebolt raises $127M more for its new approach to cheaper and more efficient big data analytics

Snowflake changed the conversation for many companies when it comes to the potentials of data warehousing. Now one of the startups that’s hoping to disrupt the disruptor is announcing a big roun

Zero trust unicorn Illumio closes $225M Series F led by Thoma Bravo

Illumio, a self-styled zero trust unicorn, has closed a $225 million Series F funding round at a $2.75 billion valuation.  The round was led by Thoma Bravo, which recently bought cybersecurity vendor

Google and India’s Jio Platforms announce budget Android smartphone JioPhone Next

Jio Platforms, run by India’s richest man (Mukesh Ambani), and Google on Thursday unveiled the JioPhone Next, an affordable Android smartphone, as the top Indian telecom operator and the American gi

Paid Time Off startup Sorbet reels-in another $15M inside three months

US/Israeli startup, Sorbet – which helps companies de-risk themselves against accrued paid time off (PTO) by employees — has raised another $15M, in a round led By Dovi Frances’ Group 11, no

Wise (formerly TransferWise) confirms direct listing on the LSE in early July, reportedly at a $6B-$7B valuation

Following Wise’s announcement earlier this month that it planned to go public by way of a direct listing on the LSE, today the company made the news formal with a regulatory filing. The London-b

Apple to drive China revenues with search ad launch

After launching five years ago in the United States, Apple’s search advertising service finally arrived in mainland China this week. The feature, called Apple Search Ads, lets developers bid on

AdTech startup Tomi raises Seed funding to make real estate ads perform as well as ecommerce

Industries like real estate, automotive, and financial services have long and offline sales cycles and digital advertising tends not to perform well in these areas. The conversion rates are low and be

Daily Crunch: AWS and Salesforce expand partnership to make cross-platform integrations easier

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

You can share tweets directly to Instagram Stories now

It’s a little thing, but one worth savoring. If you’re tired of your Instagram feed mostly being a chaotic mashup of screencapped tweets and reshared TikToks, well, those things probably a

Bird launches shared e-bikes and opens its app to local shared operators

Bird has announced the launch of shared e-bikes to its fleet of e-scooters, which it says can be found in over 250 cities around the world. The shared micromobility provider is also launching a so-cal
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