The Latest from Christine Hall
MAYA Capital closes second fund with $100M for early-stage Latin American startups
This new fund triples the firm’s assets under management and will enable the pair to invest in another 25 to 30 companies.
Daily Crunch: Indian edtech giant Byju’s delays $1B acquisition payment, lays off hundreds of workers
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Nautical Commerce sails away with new funding to bring marketplace tech to the masses
The company is boiling down the time it takes for businesses to create an e-commerce marketplace from two to three years to about 90 days.
Daily Crunch: The party’s over — Airbnb bans all disruptive gatherings in perpetuity
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Shop Circle wants to keep Shopify merchants from going ‘round and ‘round finding apps they need
The London-based company is creating a one-stop shop for what it considers to be the “best-of-the-best” e-commerce apps to get merchants up-and-running quickly.
Eclipse Foods isn’t out to substitute dairy — it’s on a mission to replace it
The company’s ice cream mix is the base for Smashburger’s new non-dairy milkshakes, representing “the first nationally available non-dairy milkshakes at a fast-casual restaurant chain.”
CIBC Innovation Banking comes in with new $1.5B venture financing to fill VC gap
CIBC's Mark McQueen says the bank's non-dilutive capital can be "unicorn fuel" as startups wait for VC funding spigot to flow faster.
Daily Crunch: Truth Social says federal grand jury probe could block its planned SPAC merger
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Saltalk turns up the heat on its virtual kitchen following new $8M cash infusion
Saltalk, a virtual kitchen and e-commerce platform, closed on $8 million of Series A financing to continue developing its one-two punch of authentic cuisine, made by both restaurant chefs and home coo
Daily Crunch: Citing ‘overreaching activism,’ SpaceX reportedly fires workers who decried Musk’s behavior
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Mono aims to be ‘first bankingless bank’ for Latin America’s small businesses
Mono is building a fully digital bank with accounts that can be opened in around 15 minutes versus an average of two weeks at an incumbent bank.
Daily Crunch: SpaceX employees blast Musk’s tweets as a ‘source of distraction and embarrassment’
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JOKR leaving US, ‘for now,’ to focus on LatAm
The company's U.S. operations accounted for about 5% of the grocery delivery startup's overall business.
Daily Crunch: One week after expanding internationally, Dukaan says it has onboarded 1,000+ DTC brands
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Investors salivate over food tech companies perfecting precision fermentation
The technology is not "new," but what has industry followers so excited is the potential for better-quality, more-cost-effective proteins compared to animal-based counterparts.
Postscript takes in $65M so Shopify merchants can send more personalized texts to customers
Black Friday is typically a big SMS day, but Memorial Day was the company’s largest SMS sending day this year with between 30 and 40 million texts sent.
Daily Crunch: Coinbase will reduce its workforce by 18% to ‘stay healthy during this downturn’
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Daily Crunch: AI voice platform used in ‘Top Gun: Maverick’ sells to Spotify for undisclosed sum
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Tiger Global backs bttn, leading e-commerce infiltration of medical supplies
Over the past year, marketplace customers jumped from 300 to 7,000, while gross merchandise volume grew 1,000%.
Cereal maker Magic Spoon scoops up $85M as it lands spot on Target shelves
Gaining a place on retail shelves is just the start to Magic Spoon's plan to evolve into an omnichannel brand that eventually goes beyond the cereal box.