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Hello, Daily Crunchers!
Personal story time: I came to the US on an IR1 visa – also known as a “green card” – after being married to an American for more than two years. I became a naturalized citizen a while back. There is a lot of luck and privilege on my way to US citizenship, and many people have a very hard time settling in this fair country.
I am so grateful for the great relationship we have with the Meczyki.Net team and Sophie Alcorn, our friendly immigration attorney. She runs a great column on Meczyki.Net with lots of immigration advice, and yesterday Walter Twitter Spaces is doing Q&A with him. Tomorrow at 12PM PT/3PM ET, set yourself a reminder and tune in @techcrunch,
With much multicultural and international love, hodges
Meczyki.Net Top 3
- A look at the roads of IndiaGoogle Street View made its debut more than a decade ago. Six years ago, India banned the service over security concerns. jagmeet And Manish Reportedly, the tech company relaunched Street View in India today. It expects to launch the service in 50 Indian cities by the end of the year.
- $52 billion for US onshoring chip production: a certain way of doing something is a financial incentive, and Brian Reports how the US Senate dumped $52 billion for companies in the semiconductor industry to make computer chips on American soil again through the Chips Act.
- small three-wheeled prototype that could: I took the Nimbus three-wheel urban transportation pod for a spin last week, and found myself excited and confused in equal measure. I wish it would exist, but at the same time, I’m struggling to imagine the vehicle finding a market when its $10,000 price tag outweighs so many other good transportation options.
Startups and VCs
As regulation, platform dynamics and consumer choice continue to eat into cookies, it is leaving a gap in the market for advertising solutions that can work well without relying on cookie functionality. today, ingrid reports that Seedtag, an edtech startup based in Spain, is doing just that. It has raised $250 million in funding to double the opportunity.
Annie Reports how Internet access remains low in most of Africa, despite increasing broadband Internet coverage. A recent report surveyed most countries in the world, and half of the top 10 most expensive countries to buy mobile data in the world are in sub-Saharan Africa, which may hinder investor activity and startup opportunity in the region.
More startup magic:
- Finding Your (Medical) Flow Status: pregnancy tests did it first; Then all of us were sticking cotton buds on our noses to see if we were pregnant with COVID-19. The era of at-home health diagnostics has arrived, and Senzo wants to bring rapid testing to the new home on the market.
- Paragon gets sassierParagon, a startup building a platform that integrates and integrates various software-as-a-service (SaaS) apps, wants to be the plaid of enterprise SaaS. It raised $13 million to get there, Kelly Report.
- get off my urban lawnScooter on the sidewalk is bad news for passers-by. Drover AI raises $5.4 million round to use computer vision to keep scooter riders off sidewalks, report Rebecca,
- Coffee is for Closers: Shipyard is a startup developing business planning products and services for branded and direct-to-consumer merchants. It aims to “increase sales” for DTC traders, and close $3 million in seed funding, Christine writes.
- The sun also shines on the roof of the car for some days: This week, Sono Motors unveiled the final production design of the Sion EV, a solar electric vehicle that the Munich-based startup has been building since its launch in 2016. Rebecca Report.
8 fintech investors discuss the changing investment landscape and how to pitch them in Q3 2022
What are fintech investors willing to bet on in this environment?
To learn how their approach and strategy have changed in recent months, Mary Ann Acevedo asked eight of them what advice they are giving to portfolio companies, how they expect to unfold over the next few quarters and their pitch priorities:
- Paul Stamas, Managing Partner and Co-Head of Financial Services, General Atlantic
- Alda Liu Dennis, General Partner, Initialized Capital
- Michael Gilroy, General Partner and Co-Head of Fintech, Coatue
- Justin Overdorf, Partner, Lightspeed Venture Partners
- Eddie Lerner, Founder and Managing Partner, Avid Ventures
- David Jaegen, Managing Partner, F-Prime Capital
- Nick Milanovic, General Partner, Fintech Fund
- Jay Ganatra, Co-Founder and Managing Partner, Infinity Ventures
(Meczyki.Net+ is our membership program that helps founders and startup teams grow. You can sign up here,
Big Tech Inc.
Our top Big Tech story for the day – and today’s topic of our Daily Crunch newsletter – is brought to us by Ivan, Google is raising its bid to be the first place to go for search and planning. To help with that, today the company announced three new features for its Star navigation app, Google Maps: aerial and more impressive views of 100 destinations, more detailed cycle routes, and with notifications for your friends’ arrivals and departures. Better location sharing.
X Sharma Today makes its Meczyki.Net debut as a contributor explains how some open source projects effectively sabotage their own software as a protest. “Did it have any effect? We will probably never know,” said one of the developers. “That being said, I think it was totally worth the opportunity to disseminate information and hopefully in Russia Software to catch the eye of the public that wouldn’t have been happening otherwise.”
And a few more to keep your mind tame:
- in the blink of an eye you will be missed: Netflix released its July slate of mobile games yesterday, which includes a slew of new titles. “Before Your Eyes” uses eye-tracking technology that every time the camera detects you’re blinking, the story goes, lauren Report.
- who sees the beholdersTikTok will provide select researchers with greater transparency about its platform and moderation system. The company says it doesn’t currently have an easy way for researchers to assess or test content on its platform, and it plans to make API access available to select researchers later this year. Ayesha Report.
- running those charts: Spotify said streams of Kate Bush’s 1985 single “Running Up That Hill” jumped 9,000% after it featured prominently in a new episode of Netflix’s “Stranger Things” and went viral on TikTok, AMANDA Report.
- car no-thingWe barely knew you, Car Thing: Spotify gave up on Car Thing hardware play, reports ingrid,
- identity, Roberto Baldwin Take a deep look at the Zoox Robotaxi design with its cool carbon fiber hull, sensor suite, and battery technology. “Zooks would not share an estimated range number, but it said the goal is to keep the vehicle in service for at least 16 hours.”