A startup that has built a decentralized exchange as well as a cross-chain infrastructure to facilitate communication across layer 1 and layer 2 blockchain solutions is the latest to receive backing from Coinbase Ventures. Singapore-headquartered Router Protocol said on Friday it has raised $4.1 million in a strategic funding round from Coinbase Ventures, Alameda Research, […]
Breakout Ventures has a new, $112.5 million fund, backed by Tony Fadell, Chris Sacca, and others
Breakout Ventures, a San Francisco-based seed-stage venture firm that funds what it calls creative biosciences startups, has closed the second fund in its five-year history with $112.5 million in capital commitments. Both of its funds, including a $60 million debut effort that we wrote about in 2017, are backed by Dolby Family Ventures, the Thiel […]
Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash
Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died down. Flink, the Berlin-based startup that sells food and other essentials at supermarket prices and aims to deliver them […]
GM plans to start Silverado EV production in early 2023
GM will take the wraps from its Silverado EV at CES 2022, but you’ll have to wait considerably longer to put one in your garage.
Tyson Clark, a general partner with GV, has passed away
Tyson Clark, a general partner with Alphabet’s venture arm, GV, has passed away unexpectedly. GV CEO David Krane just issued a statement about the team’s loss, writing, “With great sadness, we share the news that Tyson Clark, our friend and GV general partner, passed away yesterday due to sudden complications from a health issue. We […]
Beat the late-registration deadline and buy your pass to TC Sessions: Space 2021
Time marches on, and yours is running out if you want to attend TC Sessions: Space 2021 on December 14-15. If your passion and/or livelihood is rooted in building the space 2.0 economy, why the heck wouldn’t you attend the premier conference for early-stage space startups? We’re looking at you, last-minute decision makers. Beat the […]
Daily Crunch: In just 12 months, LatAm e-commerce platform Merama attains unicorn status
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
Web creator Tim Berners-Lee’s startup Inrupt raises $30 million
Tim Berners-Lee’s startup, Inrupt, has raised about $30 million in its Series A financing round, a source familiar with the matter said. Forte Ventures led Inrupt’s new round, the two said Thursday, but both declined to disclose the size of the deal. The round saw participation from “all existing investors,” including Akamai Technologies and Glasswing […]
Meta’s Horizon Worlds is available in the US and Canada for 18+ users
The company formerly known as Facebook is taking a step toward its goal to transport us to the metaverse. Now, Horizon Worlds — the Second Life or Minecraft of Meta’s VR apps — is expanding out of invite-only beta, opening up to all users over 18 years old in the U.S. and Canada. This is […]
Officely raises $2M to help hybrid teams coordinate office time right in Slack
So your company is going WFH/Office hybrid. Great! Working from home more rules, even if management decisions or the specifics of your role mean it can’t happen every day. Now, how do you coordinate who goes in the office and when? Does it have to be the same day(s) every week? Do you just pick […]