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  • Firms backed by Robert Downey Jr. and Bill Gates have funded an electric motor company that slashes energy consumption March 3, 2021
    Sometimes the smallest innovations can have the biggest impacts on the world’s efforts to stop global climate change. Arguably, one of the biggest contributors in the fight against climate change to date has been the switch to the humble LED light, which has slashed hundreds of millions of tons of carbon dioxide emissions simply by […]
  • Dooly closes on $20M for AI-based tools to help salespeople with their busywork March 3, 2021
    Robotic process automation has taken the enterprise world by storm, by providing a set of tools for those doing repetitive, volume-based tasks to use software to remove some of that labor to let those people focus on more complicated tasks. Today a startup that’s taken some of that ethos and is applying it to more […]
  • Flextock is a YC-backed e-commerce fulfillment provider for Africa and the Middle East March 3, 2021
    When merchants launch their e-commerce businesses, they can easily manage the end-to-end operations in the early stages. But as they begin to grow, managing their own operations, from warehousing and logistics to delivery and cash collection, can become difficult. This can prevent them from scaling effectively despite having a steady inflow of demand. Now, there’s a […]
  • China’s cosmetics startup Yatsen to buy 35-year-old skincare brand Eve Lom March 3, 2021
    In China’s cosmetics world, where foreign brands were historically revered, indigenous startups are increasingly winning over Gen-Z consumers with cheaper, more localized options. One of the rising stars is the direct-to-consumer brand Perfect Diary, which is owned by five-year-old startup Yatsen. Yatsen impressed the capital market with a $617 million initial public offering on NYSE […]
  • ‘Flying taxi’ startup Volocopter picks up another $241M, says service is now two years out March 3, 2021
    In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the Covid-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some significant funding. Volocopter, a startup out of […]
  • Indonesian supply chain startup Advotics raises $2.75M led by East Ventures March 3, 2021
    The rapid growth of e-commerce in Indonesia, especially during the pandemic, is placing increasing demands on its supply chain infrastructure. But the country’s logistics industry is highly fragmented, with companies usually relying on multiple distributors for one shipment, and many warehouses are still concentrated around major cities. Advotics wants to help with software to make […]
  • Facebook’s Oversight Board already ‘a bit frustrated’ — and it hasn’t made a call on Trump ban yet March 3, 2021
    The Facebook Oversight Board (FOB) is already feeling frustrated by the binary choices it’s expected to make as it reviews Facebook’s content moderation decisions, according to one of its members who was giving evidence to a UK House of Lords committee today which is running an enquiry into freedom of expression online.  The FOB is […]
  • Atomic just raised $260 million more to build and fund its own companies March 3, 2021
    Jack Abraham has a lot of confidence in what he’s building. Then again, you can’t be immodest or unsure of yourself if you’re going to bet exclusively on your own startups as an investor, which is precisely the model that Abraham’s San Francisco-based venture studio, Atomic, has followed since it was launched nine years ago. […]
  • Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay March 3, 2021
    Sales engagement platforms (SEP) help sales teams automate and track the large number of tasks they need to do each day as they contact leads and home in on potential deals. Focused on small-to-medium-sized companies, SEP startup Outplay announced today it has raised $2 million from Sequoia Capital India’s Surge program for early-stage startups. Outplay […]
  • Facebook can save itself by becoming a B Corporation March 2, 2021
    In changing Facebook into a for-benefit corporation, Mark Zuckerberg could insulate himself against presidential rage while rehabilitating his reputation — and his company's.
  • Daily Crunch: Microsoft unveils Mesh for AR/VR meetings March 2, 2021
    Microsoft shows off a new AR/VR meeting platform, Uber spins out a robotics startup and Compass files to go public. This is your Daily Crunch for March 2, 2021. The big story: Microsoft unveils Mesh for AR/VR meetings Mesh is a platform that allows for shared meetings between Microsoft’s HoloLens (augmented reality) and Windows Mixed […]
  • Create a handbook and integrate AI to onboard remote employees March 2, 2021
    As businesses continue to grapple with this new reality, they must remember the crucial nature of the onboarding process. If they get that right, it will breed trust, information sharing and collaboration, and the organization will see their systems improve ad infinitum.
  • SpaceX’s first paying moon flight customer wants to give away eight seats aboard his spaceship March 2, 2021
    Yusaku Maezawa, the first paying passenger to book a trip aboard SpaceX’s (still in development) Starship spacecraft around the moon, has provided a promised update about his mission. It’s still aiming for 2023 for a flight date, and the plan is still to fly a week-long trip around the moon and back. Now, however, Maezawa […]
  • The explosive (and inclusive) potential of NFTs in the creative world March 2, 2021
    Digital collectibles are having a very large moment. Just last month, a piece of digital art by Beeple sold for $6.6 million on online art marketplace Nifty Gateway. Meanwhile, Linkin Park’s Mike Shinoda recently sold clips of a song via online marketplace Zora. Over on Dapper Labs’ NBA Top Shot, more than 200,000 people recently […]
  • Cornea eyes in on fighting wildfires using better data March 2, 2021
    It’s not yet fire season thankfully, which affords some breathing room for firefighters and emergency responders to begin planning out how to confront the increasingly complex and unwieldy task of preventing and responding to fires in the American West. Wildfires in the region have been particularly acute in recent years in states like California, mostly […]
  • Following unionization, Glitch signs collective bargaining agreement March 2, 2021
    In another key moment for the growing tech labor movement, Glitch employees today announced that they have signed a collective bargaining agreement with the company. The move comes a year after the site’s workforce voted to join the Communications Workers of America Local 1101. “We’re excited that Glitch workers have signed their first-ever contract, a […]
  • Proptech startup States Title, now Doma, going public via SPAC in $3B deal March 2, 2021
    Real estate tech startup Doma, formerly known as States Title, announced Tuesday it will go public through a merger with SPAC Capitol Investment Corp. V in a deal valued at $3 billion, including debt. SPACs, often called blank-check companies, are increasingly common. They exist as publicly traded entities in search of a private company to […]
  • Fluid Truck, the Zipcar of commercial trucks, raises $63M to take on rental giants March 2, 2021
    Fluid Truck has built an app-based platform that aims to take away the pain and cost of owning or leasing commercial vehicles, all while grabbing market share from established companies like Penske, Ryder and U-Haul.  Now, it has the capital to help it get there. The Denver-based company said Tuesday it raised $63 million in […]
  • Twitter Spaces arrives on Android ahead of Clubhouse March 2, 2021
    Twitter announced today it’s opening up its live audio chat rooms, known as Twitter Spaces, to users on Android. Previously, the experience was only open to select users on iOS following the product’s private beta launch in late December 2020. The company says that Android users will only be able to join and talk in […]
  • SpineZone is the latest health tech startup to raise millions in the musculoskeletal space March 2, 2021
    SpineZone is a startup that creates personalized exercise programs and treatment for neck and back pain. The company uses an online platform and in-person clinics to deliver a curriculum that, ideally, helps patients avoid the need for prescription drugs, injections and surgeries, and providers then avoid the cost of all of the above. Co-founded by […]