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Web3 protocol Polytrade raises $3.8M to improve global trade

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures, the startup exclusively told T

How to build a sales development representative strategy that will fill your B2B pipeline

Move over, marketers: Sales development representatives (SDRs) can be responsible for more than 60% of pipeline in B2B SaaS.

Qualcomm-backed Aravita wants to help Brazilian supermarkets control food waste

Aravita's AI-powered solution for supermarkets looks at variables, including climate, seasonality and consumer behavior, to manage the purchasing of fresh food.

Uber expands Comfort Electric to 14 new US, Canadian markets

Uber is expanding Comfort Electric, the ride-hailing giant’s premium electric vehicle offering, to 14 new markets across the U.S. and Canada. Now, customers in a total of 40 North American marke

Parloa raises $21M to add a little automation to contact centers

It’s estimated that over $400 billion are spent annually to run customer contact centers around the world. To cut costs, in recent years, contact centers have embraced AI and automation; researc

Oxfam Novib and Goodwell target East African startups with €20M Pepea fund

Impact investor Goodwell Investments and Oxfam Novib, a Dutch foundation and Oxfam International affiliate, have set up Pepea, a €20 million ($21.7m) fund, to provide financing to early-stage startu

After bootstrapping for 15 years, energy renovation company Effy raises $22 million

Effy is at a crossroads. The energy renovation company based in France is doing well, but it is addressing a market that is much bigger than anticipated. That’s why it is making a bet. The company j

Twitter announces new API with only free, basic, and enterprise levels

After weeks of stalling, Twitter finally announced its new API price structures on Wednesday. These three tiers include a barebone free level mostly meant for content posting bots, a $100 per month ba

Indian edtech Unacademy slashes another 12% jobs

Unacademy has laid off 12% of its workforce, or over 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO Gaurav

Jeep puts electrification front and center at Easter Jeep Safari

When Stellantis brand Jeep descended on Moab, Utah this week for its annual off-roading and concept roadshow, electrification ruled the road. The automaker showed off this week seven concepts — four

Lyft might drop shared rides, stay focused on basics under new CEO

Lyft might once again drop its shared rides offering, just one of several changes the company’s newly appointed CEO could make in a bid to focus on its core ride-hailing business and become prof

Daily Crunch: After raising $3M seed, global fintech platform Payday plans to secure licensing in Canada, UK

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

NASA pushes back Boeing Starliner’s crewed flight test to July

The first crewed flight test of Boeing’s Starliner capsule is facing yet another delay, with NASA officials saying Wednesday that it is now targeting no earlier than July 21 for launch. The space ag

Battery sourcing guidance might slash EV tax credits

UPDATE: Tesla tweaks Model 3 page of U.S. website encouraging buyers to take delivery now in anticipation of reduced tax incentives by March 31.  The U.S. Treasury Department’s guidance on bat

That was fast! Microsoft slips ads into AI-powered Bing Chat

Microsoft is “exploring” putting ads in the responses given by Bing Chat, its new search agent powered by OpenAI’s GPT-4. While these sponsored responses are clearly labeled as such,

Hampton is tech’s new membership community for chief executive officers

Sam Parr, founder of HubSpot-acquired newsletter and media brand The Hustle, doesn’t watch “Succession” because “it’s too real” (and because he prefers watching comedy compared to

Irrigreen’s precision sprinklers prevent water waste and wet legs

Investors just pumped millions into Irrigreen, a startup vying to quench America’s thirsty lawns with “approximately 50% less water.” Seed investor Ulu led the $15 million funding ro

6 VCs explain why embedded insurance isn’t the only hot opportunity in insurtech

According to David Wechsler, a principal at OMERS Ventures, “having an embedded strategy is not required for venture funding.”

Online used-car marketplace Shift cuts workforce 30% following CarLotz merger

Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz,

Ramp reports 4x revenue growth, says it still has ‘vast majority’ of equity funding

  2022 was a tumultuous year for many fintech startups. But for Ramp, it was a year of opportunity. The company shared today that it saw its revenue grow by 4x last year, buoyed by what co-founde
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