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Kisses on this beautiful Thursday. We are still in shock over Elon Musk and the twins. Connie more on that. Amanda also covered the verdict in the case against Theranos’ Sunny Balwani. In the meantime, if you’re a startup founder, don’t forget to apply to be part of the Startup Battlefield 200. The submission date is July 31. See you tomorrow ! — Christina
TechCrunch’s top 3
- Learn more about the story: pot holder is back with more information on the Vivo saga. Now the Chinese Embassy in India says all these investigations India is carrying out on Chinese companies are bad for business. Maybe, or maybe India is being cautious.
- Improve your avatar: Reddit digs deeper into NFT gaming by launching a new avatar marketplace, Ivan writing. Benefits? You don’t need a crypto wallet to buy one, and you can use it on or off Reddit.
- Check out this review: YuLife raised its valuation to $800 million after securing $120 million in new funding, Ingrid reports. The life insurance company, which focuses on wellness and gamification, was previously valued at $70 million. Talk about your good business models!
Startups and VCs
In this section, Mary Ann has yet another update on the saga she has been following this year, namely Better.com. In today’s episode, she writes about all the new hires that have joined the digital mortgage lender in the last few months, one who even called her a “rebirth”.
How many apps do you use in your business? If that’s the average, it’s about 110, according to the statistics. Happeo has raised $26 million to create an intranet portal for your company to connect employees to all applications, Kyle writing. That should make you happy, uh Happeo.
Here’s what else we have for you:
- Bill this: Mary Ann also wrote about the $6.5 million raise for billing software startup Adaptive, led by Andreessen Horowitz, which ironically included three companies all competing against each other.
- Another takes the horn: Tebra, an operating system for independent healthcare providers, is now a unicorn after acquiring more than $72 million in equity and debt, Katherine writing.
- Tebra, Traba; Traba, Tebra: If the Great Resignation taught us anything, it’s that people are looking for flexible options, even entry-level ones. Kyle reports on Traba’s $20 million raise to match contractors with warehouse and fulfillment jobs.
- No venture capital apocalypse yet: I loved alexanderexamines how the United States fared during the downturn in the global venture capital market.
- From beds to insurance: JordanRanger’s report on insurance startup Ranger’s $5.25 million fundraise answers the question of what former Casper CEO Philip Krim has been up to since he took over. left the bed company.
- Super grow from superplants: Please enjoy my story about Fyto, a hardware and software company that helps farmers grow aquatic plants using robotic automation.
- Who calls who a “dinosaur”?: Mike reports that Headline VC may have been in the venture capital game since 1999, but armed with $950 million in new commitments across three funds, it’s still proving to be more like the Energizer bunny than a fossil.
Roe’s reversal weighs heavily on emerging tech cities in red states
On June 24, Khadijah Robinson was considering offering a job to a woman. As the founder of Atlanta-based tech startup Nile, she spent 3 years scaling the platform, which connects consumers with black online businesses. That Friday, she was thrilled to finally find someone willing to move from California to Georgia to help grow the business.
But by early afternoon, the offer was pending: The U.S. Supreme Court had overturned Roe v. Wade a few hours before, and that worried Robinson. “As founder and CEO, I now have to think long and hard before asking women to move to a state that will likely legislate against them very soon,” she tweeted. “I am so tired.”
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Big Tech inc.
In today’s Big Tech news, Meta has taken the next step away from Facebook logins as a metaverse identification system, Lucas reports. One of the advantages is that you don’t need Facebook credentials to play games and use the Quest software. Speaking of quests, Amanda gives you a preview of Meta’s upcoming VR headset. Meanwhile, Natasha provides an update on the Irish Data Protection Commission’s drafting of a decision relating to the transfer of data from Meta between the UK and the US
As you can see, we like to follow a good saga here at TechCrunch, and Anne delivers another, providing us with an update on Flutterwave. The company now denies charges against it for money laundering and fraud.
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