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The Rounds raises $38M Series A for its sustainable ‘household restocking’ service

Online shopping and speedy delivery through services like Instacart and Amazon Prime are the height of modern conveniences, but for many consumers who care about sustainability and e-commerce’s

Identity security platform Oort bags new cash to grow its product

Oort, an identity threat detection and response platform, today announced that it raised $11.5 million in a Series A round co-led by .406 Ventures and Energy Impact Partners with participation from Ci

Cyber firm Arctic Wolf raises $401M in debt, eyeing a potential IPO

In a sign that pure equity financing is getting harder to come by, cybersecurity firm Arctic Wolf, which last July raised $150 million at triple its previous valuation ($4.3 billion), opted for all de

Gather AI secures new cash to scan inventory in warehouses using drones

Gather AI, a startup using drones to inventory items in warehouses, today announced that it raised $10 million in a Series A round led by Tribeca Venture Partners with participation from Xplorer Capit

Uber and Motional to launch robotaxis across US over 10 years

Uber is getting back into the robotaxi game, only this time it’s tapping a third party to handle the self-driving tech. Motional, the Aptiv-Hyundai joint venture commercializing self-driving veh

UK to probe Inmarsat and Viasat’s $7.3B merger on competition grounds, says it could lead to pricier in-flight Wi-FI

The U.K.’s Competition and Markets Authority (CMA) has announced that the proposed merger between London-based satellite communications company Inmarsat and its U.S. rival Viasat raises potentia

AI-powered supply chain visibility platform Altana bags $100M

Trade wars, military conflicts, the rise of e-commerce and sustainability concerns are driving changes to supply chain networks and trade flows. Seventy-four percent of supply chain companies made cha

Uber’s former security chief found guilty of covering up 2016 data breach

Uber’s former head of security has been found guilty of criminal obstruction for attempting to cover up a data breach that saw tens of millions of customer and driver records stolen. A federal jury

Twitter now lets you post images, videos, and GIFs in a single tweet

Twitter is now rolling out a new feature that lets users post images, videos, and GIFs in a single tweet. Until now, the platform only allowed users to include only one type of media format in a post,

Microsoft explores investment in Indian gaming platform Zupee

Microsoft has held conversations to invest in the Indian play-to-earn gaming platform Zupee in recent weeks and proposed to potentially lead a funding round of over $100 million, two people familiar w

Lightdash takes on Looker with an open source BI platform built for dbt

Lightdash, an open source business intelligence (BI) platform that’s setting out to challenge proprietary incumbents such as Looker, is officially launching its core commercial product to the pu

Do Kwon set to lose South Korean passport amid active Interpol red notice

South Korea has ordered Do Kwon to surrender his passport, or risk getting it revoked, as the East Asian nation escalates actions against the crypto entrepreneur whose blockchain collapse earlier this

Fiserv, LG back Korea Credit Data as the SME-focused fintech startup raises another $24.7M

In South Korea, there are about 7.3 million small and medium-sized enterprises (SMEs) — defined as firms with less than 250 employees. Their workforces combined make up 83.1% of all corporation

Halo Car’s teleoperated car-sharing service to roll out this year with no one behind the wheel

Halo Car, a Las Vegas-based startup that combines teleoperations and car sharing, said it will remove the human safety operator from behind the wheel later this year — the last hurdle before its com

Daily Crunch: Google will use private subsea cable to launch its first full-scale cloud region in Africa

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

SpaceX notches eighth human spaceflight mission with Crew-5

SpaceX successfully launched another batch of astronauts to the International Space Station Wednesday, part of an ongoing astronaut transportation contract with NASA. Like the company’s seven other

Popular censorship circumvention tools face fresh blockade by China

Tools helping China’s netizens to bypass the Great Firewall appear to be facing a fresh round of crackdowns in the run-up to the country’s quinquennial party congress that will see a top l

Twitter v. Musk judge says the trial is still on

In a new letter filed with Delaware’s Court of Chancery, Judge Kathaleen McCormick says it’s still game on — for now at least.  In the letter, sent a day after news broke that Elon Musk

Startups and VCs are increasingly embracing the federal government. Here’s why

Enterprise startups are increasingly turning their attention to landing the federal government as a customer -- and VCs are all-in.

Space billboards could cost $65M and still turn a profit

Space-based advertising has been on the minds of every marketer on the planet since the Apollo era, yet no one has made it happen. A new study suggests that a billboard-like constellation of about 50
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