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Xpeng-backed urban air mobility company, HT Aero, raises $500M

HT Aero, an urban air mobility (UAM) company that’s an affiliate of Chinese electric vehicle manufacturer Xpeng, has announced a $500 million Series A raise. The company will use the funds to ac

SEC Form D filing reveals new $50M Sisu Game Ventures fund aimed at gaming startups

According to an SEC Form D filing, Sisu Game Ventures, a Pre-Seed and Seed fund which invests in gaming startups has raised a $50m first close of its new fund. However, the company declined to comment

Supply chain-focused insurtech startup BondAval lands $7M from Octopus Ventures

For independent retailers, inventory financing is often a complicated and lengthy process that ties up their working capital. BondAval, an insurtech startup with offices in London and Austin, Texas, i

Shipping platform Ankeri, which also calculates carbon emissions, closes €2M round

Over 90% of global shipped goods are transported by some 50,000 marine transport vessels. Even though shipping by sea is reasonably environmentally friendly, marine transportation still represents 3%

Frozen coffee startup Cometeer raises $35M Series B and launches its product in earnest

Gloucester, Massachusetts-based Cometeer has been around for nine years. In that time, the company has built up a mad scientist’s lair worth of coffee scientists, equipment and processes to jolt

Watch Google unveil the new Pixel live right here

Google is set to announce new Pixel phones today. The company is holding an event at 10 AM PT (1 PM in New York, 6 PM in London, 7 PM in Paris). And you’ll be able to watch the event right here as t

Indian fintech CRED valued at $4 billion following $251 million fundraise

Indian fintech CRED said on Tuesday it has raised $251 million in a new financing round, its third funding this year, at a valuation of $4.01 billion. Existing investors Tiger Global and Falcon Edge C

Singapore-based Geniebook’s personalized learning platform raises $16.6M Series A

Founded in 2017, Geniebook is a Singapore-based learning platform that uses a combination of machine learning and human teachers to personalize each student’s education. The company announced today

Primer raises $50M at a $425M valuation for a framework designed to help merchants build more powerful payment flows

Primer — a UK startup that has built a drag-and-drop framework to help merchants easily build payment stacks to sell online — has seen rapid take-up of its services in the 20 months since

Maritime recruitment platform Seafair gets $5.7M led by General Catalyst

The people who work on shipping vessels are vital to world trade, but they still experience a lot of arcane hiring processes. Many lack transparency about important things like pay or even the working

For second time, Lime announces adjusted EBITDA-profitable quarter

Shared micromobility operator Lime is on track for third quarter adjusted EBITDA profitability, marking this as the second profitable quarter in the company’s history, according to CEO Wayne Tin

Facebook tests a new option for cross-posting your Facebook feed posts to Instagram

Facebook already allows users to cross-post their Instagram Stories and Reels to Facebook. Now it’s testing a new feature that would see posts flowing in the other direction, too. The company re

Ford invests $316M to build electric power units at UK transmission facility

Ford Motor Company is investing $316 million (£230 million) to transform its Halewood, U.K. vehicle transmission facility into an electric power unit plant, making it Ford’s first EV component

Max Q: Steve Wozniak and Alex Fielding want to map space junk

Hello and welcome back to Max Q. It was a busy week for the space industry! Keep reading for news from Astra, Blue Origin, Varda Space and more. Tips, opinions, criticism, thoughts? Email me at aria.t

Daily Crunch: New M1 chips, MacBook Pros and more debut at Apple’s ‘Unleashed’ event

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

Aiven snags $60M investment on $2B valuation, up from $800M in March

Aiven, a Finnish startup that helps companies combine various open source technologies with public cloud infrastructure resources, announced a $60 million investment on a $2 billion valuation today. T

Zopa raises $300M at a $1B valuation to expand its P2P lending and savings neobank in the UK

Another big infusion of cash from a major investor is making its way to a fintech out of the U.K. on the heels of strong growth. Today Zopa — a neobank with some 500,000 users in the U.K. where

Deep tech startups in need of funding should consider federal grants

Applying for a federal grant doesn’t preclude you from accepting VC. What it does is diversify your fundraising mix and add a layer of credibility, which in the end helps you reach viability faster.

Alaska Airlines launches new venture arm, with first investment in UP.Partners’ $230M fund

Alaska Airlines has become the latest major airline to enter corporate investing with the launch of a new venture capital arm, dubbed Alaska Star Ventures, as the aviation industry looks to emerging t

Alphabet CEO Sundar Pichai calls for federal tech regulation, investments in cybersecurity

In a wide-ranging interview at the WSJ Tech Live conference that touched on topics like the future of remote work, AI innovation, employee activism and even misinformation on YouTube, Alphabet CEO Sun
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