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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

WWDC returns to Apple Park June 5

There are some things you can set your watch to. The occasional global pandemic excepted, developer season is certainly one. After Google I/O and Microsoft Build, WWDC will return to Apple Park in Cup

Substack takes a different tack to raise more capital

Substack is framing its crowdfund as a way for its users to buy into the platform they use. The sticky bit is price.

Instagram now lets you bookmark posts with friends and store them in a dedicated space

Back in 2017, Instagram launched a bookmarking feature called “collections,” which allows users to organize the posts they save into private groupings for easier access. Now, Instagram is

Startup founders are trying to automate the worst part of the job: Fundraising

With a drier than normal investment scene, founders are looking for more effective ways to reach the right VCs. To that end, over the past few weeks, thousands of founders have applied to land capital

Orb, which helps B2B companies price their products, raises $19.1M

Alvaro Morales and Kshitij Grover were working together as engineering leaders at Asana for five years, during a time when the company underwent major changes to pricing and packaging. The initiatives

Why startups should care about geopolitical repercussions of US climate law

A fluid geopolitical landscape could roil the climate tech industry. How should founders and investors react?
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