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Reselling marketplace Kream’s valuation rises to $742M with $168M Series C

Kream, a luxury resale platform owned by Naver, has closed a $168 million Series C round at a valuation of $742M.

Rwazi to scale its market intelligence platform backed by $4 million seed funding

In emerging markets like Africa, offline retail dominates most product sales, driven by informal trade, and cash-based transactions. This makes the sourcing of data on the true market value or sizes o

YouTube shutting down Indian social commerce app Simsim

YouTube is shutting down its live social commerce app, Simsim, less than two years after acquiring the Indian startup. However, the video platform insisted that it is committed to building “a se

Vue Storefront snaps up $20M to grow its open source based ‘frontend-as-a-service’ e-commerce toolkit and platform

It plans to use the money for R&D, to bring on more tools targeting B2B e-commerce businesses, and for business development.

IntegrityNext raises $109M for a platform to audit supply chains for ESG compliance

The funding is coming from a single investor, EQT Growth, and it will be used to continue building the breadth of the platform as well as the company's go-to-market position.

India government-backed open e-commerce network expands to mobility

ONDC, the Indian government-backed initiative that is attempting to democratize e-commerce, has now set its eyes on the mobility industry.

Ex-Flipkart exec’s Flash app wants to be an inbox for your e-commerce needs

India-based startup Flash wants to reduce the spam you get by providing an email ID that you can use for all e-commerce needs, and it will even reward you to use the service.

Canva unveils a series of new features, including several AI-powered tools

Canva is introducing a series of new features, including a suite of new AI-powered tools, along with additional highly-requested features.

Lun is in a mad rush to help heat-pump installers decarbonize homes

Lun, a climate tech startup out of Denmark, is on a mission to help homes decarbonize fast — starting with heating systems and swapping out boilers for electric heat pumps. What are heat pumps?

WhatsApp introduces a new Windows client with better calling features

WhatsApp has introduced a new Windows client that lets you have video calls with up to 8 people and audio calls with up to 32 people.

Roofstock, valued at $1.9B last year, cuts 27% of staff in second round of layoffs

Proptech company Roofstock has laid off about 27% of its staff today, just five months after the startup laid off 20% of its workforce.

Temasek’s Sheares Healthcare backs Asia-focused mental health startup Thoughtfull

Thoughtfull, a digital mental health platform focused on Asia, has raised $4 million in a pre-Series A round led by Sheares Healthcare Group.

Southeast Asian credit fintech Kredivo scores $270M Series D

The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietna

Epic launches Unreal Editor for Fortnite, will give 40% of all revenue to creators

Epic Games announced a new system for paying creators on Fortnite, the ultra-popular, free-to-download battle royale game. Announced on Wednesday at the Game Developers Conference, Epic will now share

Coinbase stock drops after SEC Wells notice, a possible prelude to ‘enforcement action’

American crypto giant Coinbase received a Wells notice today from the Securities and Exchange Commission. In the wake of Coinbase’s filing regarding the Wells notice, shares of the company are o

Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’

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

Adobe’s thoughts on the ethics of AI-generated images (and paying its contributors for them)

“We’re at a tipping point where AI is going to break trust in what you see and hear — and democracies can’t survive when people don’t agree on facts. You have to have

Boston Dynamics puts its robots to work

At first glance, Boston Dynamics is a strange fit for a show like ProMat. For decades, the firm has presented a flashy image to the world — a company well known for robotic highlight reels, from

SEC sues Tron founder and celebrities, including Lindsay Lohan, Jake Paul and Soulja Boy, for crypto securities violations

The U.S. Securities and Exchange Commission sued Justin Sun, the founder of Tron, on allegations of orchestrating “unregistered offer and sale, manipulative trading and unlawful touting of crypto as

Oma Fertility to speak on building a better IVF experience on TechCrunch Live

Oma Fertility is on a mission to improve in vitro fertilization. The company says it accomplishes this by offering clients better technology, respectful care, and ethical pricing. Founded by Gurjeet S
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