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Hex snags $16M Series A to keep building collaborative data workspace

Data is everywhere inside organizations, and employees are increasingly trying to find ways to put it to work to improve business outcomes. Hex, a startup that wants to simplify how data scientists an

Element Finance raises $32 million for its DeFi fixed rate protocol

Element Finance has raised a $32 million Series A round at a $320 million valuation. The company has been building a new DeFi (decentralized finance) protocol on top of the Ethereum blockchain. It let

Modern Age is on a mission to put people in the driver’s seat of their aging journey

Modern Age provides digital tools to help users demystify and understand their aging options, including telemedicine and in-person treatments.

Stripe acquires Recko, its first acquisition in India, to add reconciliation to its payment services stack

Stripe, the outsized fintech out of San Francisco that is valued at $95 billion, is making another acquisition to expand the services it offers alongside its core payments product. The company is acqu

Superplastic raises $20M to expand its cartoon influencer universe

A company from the creator of Ello and Kidrobot is announcing a new $20 million funding round to build out an imagined virtual world populated with deranged-yet-cute cartoon influencers. Superplastic&

Embrace grabs a new funding round amid unveiling of new mobile data intelligence software

Digital traffic worldwide is increasingly done through mobile devices, and Embrace is bringing visibility to that data to companies.

Netflix says 142 million households watched Korean series ‘Squid Game’

Netflix's pre-recorded call to shareholders announcing its Q3 results gives us a glimpse at how successful Squid Game was: Around 142 million households worldwide watched the Korean-language show.

Deci snaps up $21M for tech to build better AI models based on available data and compute power

Building usable models to run AI algorithms requires not just adequate data to train systems, but also the right hardware subsequently to run them. But because the theoretical and practical are often

Facebook fined $70M for flouting Giphy order made by UK watchdog

Facebook — or whatever name the tech giant picks for a reportedly looming rebrand of its data-mining empire as it seeks to teleport its business into the metaverse to escape the unending cavalca

Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software

Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six months after the Brazili

Resistant AI scores $16.6M for its anti-fraud fintech tools

Resistant AI, which uses artificial intelligence to help financial services companies combat fraud and financial crime — selling tools to protect credit risk scoring models, payment systems, cus

Proptech neo-lender Proportunity raises $150M mixed debt and equity round

You’ve heard of Neo-banks. Meet the Neo-lender. One of the newest is London-based Proportunity. It’s now raised a $150m mixed debt and equity funding round ($7 million equity financing and $143 mi

Facebook reportedly plans to change its name to focus on the metaverse

Facebook is planning to rebrand the company with a new name to focus on building the metaverse, according to a report by The Verge.  CEO Mark Zuckerberg will unveil its new name at the annual Connect

Daily Crunch: Google’s new Pixel Pass subscription bundles phones and services

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

Former head of Facebook app Fidji Simo defends company following whistleblower testimony

The former head of the Facebook app, who reported directly to CEO Mark Zuckerberg, Fidji Simo, defended the social network at the start of an interview at the WSJ Tech Live event this afternoon. The e

Credo AI launches backed by $5.5 million to help companies with ‘ethical AI’

There are many in the world of AI who worry about its implications. One of those people is Navrina Singh, a former product manager for Qualcomm, then Microsoft, who saw firsthand at Microsoft how a Tw

How do you select the right tech stack?

Without a good technical foundation, you may end up accumulating a lot of technical debt.

NASA and Boeing confirm Starliner won’t fly until first half of 2022 as valve investigation continues

NASA and Boeing provided an update on the beleaguered Starliner capsule Tuesday, confirming that the earliest the spacecraft will fly will be sometime during the first half of next year. Starliner was

Google makes calling businesses less painful with features for seeing wait times, phone tree options and more

Alongside today’s release of the new Pixel 6 smartphones, Google has again upgraded one of the device’s most basic — but often overlooked — functions: the ability to make phone

Even more reasons you need to be at TC Sessions: SaaS 2021

We’re less than two weeks out from TC Sessions: SaaS 2021, a day-long exploration of software as a service. If you want to thrive in this tough, competitive market, join your colleagues and tap into
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