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With two new funds, LocalGlobe has more latitude than ever

“You wanted me to record this?” asks Saul Klein, LocalGlobe founding partner. “Just in case you say anything interesting,” I quip back. “I won’t be doing most of the talking, so maybe

African crypto usage spurs Luno as customers reach 7M

The crypto industry as a whole has seen a momentous year of growth, heavily spurred on by the entrance of institutional investors adopting bitcoin due to its store of value properties. The 2020 spike

Berlin Brands Group raises $240M to buy and scale up third-party Amazon Marketplace brands

The race is on for companies building e-commerce empires by rolling up smaller, promising businesses that sell via Amazon and other marketplaces and growing by using some economies of scale to operate

Pine Labs acquires Southeast Asian startup Fave for $45 million

Pine Labs said on Tuesday it has acquired Southeast Asian startup Fave in a deal valued at $45 million as the Indian firm looks to strengthen its consumer-focused offerings in the domestic and interna

Putting Gdańsk, Wroclaw, Krakow, Poznan on the TechCrunch map — TechCrunch’s Cities Survey

TechCrunch is embarking on a major new project to survey European founders and investors in cities outside the larger European capitals. Over the next few weeks, we will ask entrepreneurs in these cit

Grover raises $71M to grow its consumer electronics subscription business

A startup tapping into the concept of the circular economy, where people don’t buy items outright but pay an incremental amount to use them temporarily, has raised some funding to scale its busi

Reminder: Student, non-profit, and government discounts available for Extra Crunch

Students, government employees, and members of non-profit organizations can get access to Extra Crunch at a discounted rate of $50/year (plus tax). That’s 50% off our annual price point. You’ll al

Vietnamese electric motorbike startup Dat Bike raises $2.6M led by Jungle Ventures

Dat Bike, a Vietnamese startup with ambitions to become the top electric motorbike company in Southeast Asia, has raised $2.6 million in pre-Series A funding led by Jungle Ventures. Made in Vietnam wi

Binance Labs leads $1.6M seed round in DeFi startup MOUND, the developer of Pancake Bunny

Decentralized finance startup MOUND, known for its yield farming aggregator Pancake Bunny, has raised $1.6 million in seed funding led by Binance Labs. Other participants included IDEO CoLab, SparkLab

Battery Resourcers raises $20M to commercialize its recycling-plus-manufacturing operations

As a greater share of the transportation market becomes electrified, companies have started to grapple with how to dispose of the thousands of tons of used electric vehicle batteries that are expected

Daily Crunch: Microsoft acquires Nuance for $19.7B

Microsoft makes a big healthcare tech acquisition, Twitter is building a presence in Africa and Apple may be cooking up some new smart home products. This is your Daily Crunch for April 12, 2021. The

Another milestone for in-space servicing as Northrop Grumman gives aging satellite new life

Northrop Grumman hit a new milestone in extending the life of active spacecraft as a purpose-built spacecraft, MEV-2, docked with Intelsat’s IS-10-02 satellite to give it another five years of l

From pickup basketball to market domination: My wild ride with Coupang

Coupang early investor Ben Sun shares an inside look into the growth of the Korean e-commerce giant and explains how founder Bom Kim led a pivot when the company was already an established business.

Blue Origin will run an ‘astronaut rehearsal’ during a launch this week to prep for human spaceflight

Blue Origin is making progress toward its goal of flying human astronauts aboard its spacecraft, with a plan to run an “astronaut rehearsal” during a launch it has planned for Wednesday, A

Tiger Global leads $100 million investment in Indian social commerce DealShare

Tiger Global has invested in DealShare, a startup in India that has built an e-commerce platform for middle- and lower-income groups of consumers, just three months after the Indian firm concluded its

Chinese autonomous vehicle startup WeRide scores permit to test driverless cars in San Jose

WeRide, the Chinese autonomous vehicle startup that recently raised $310 million, has received a permit to test driverless vehicles on public roads in San Jose, California. WeRide is the seventh compa

Tech and auto execs tackle global chip shortage at White House summit

A collection of tech and auto industry executives met with the White House to discuss solutions for the worldwide chip shortage Monday. CEOs from Google, Intel, HP, Dell, Ford and General Motors atten

Apple and Google will both attend Senate hearing on app store competition

After it looked like Apple might no-show, the company has committed to sending a representative to a Senate antitrust hearing on app store competition later this month. Last week, Senators Amy Klobuch

Atomico’s talent partners share 6 tips for early-stage people ops success

There are still a number of surefire measures any early-stage company can and should put in place to achieve "people ops" success as they begin scaling.

Docugami’s new model for understanding documents cuts its teeth on NASA archives

You hear so much about data these days that you might forget that a huge amount of the world runs on documents: a veritable menagerie of heterogeneous files and formats holding enormous value yet inco
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