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Daily Crunch: First impressions of Apple’s AirTags - techcrunch

Daily Crunch: First impressions of Apple’s AirTags

We test out Apple’s lost item finder, Google Fi gets a new unlimited plan and Facebook tests new video ad targeting features. This is your Daily Crunch for April 22, 2021. The big story: First impressions of Apple’s AirTags AirTags are Apple’s new Tile competitor designed to help owners locate lost objects. They use Bluetooth […]
techcrunch - 17 minutes ago
Deepfake tech takes on satellite maps - techcrunch

Deepfake tech takes on satellite maps

While the concept of “deepfakes,” or AI-generated synthetic imagery, has been decried primarily in connection with involuntary depictions of people, the technology is dangerous (and interesting) in other ways as well. For instance, researchers have shown that it can be used to manipulate satellite imagery to produce real-looking — but totally fake — overhead maps […]
techcrunch - 1 hour ago
To sell or not to sell: Lessons from a bootstrapped CEO - techcrunch

To sell or not to sell: Lessons from a bootstrapped CEO

Regardless of a young company’s struggles or success, sooner or later the question of when, how or whether to sell the enterprise presents itself. It’s the biggest question a founder will face.
techcrunch - 1 hour ago
Forerunner’s Eurie Kim will share why she invested in Oura on Extra Crunch Live - techcrunch

Forerunner’s Eurie Kim will share why she invested in Oura on Extra Crunch Live

When it comes to building a successful startup, biotech and hardware happen to be two of the most difficult verticals in the tech industry. But Oura is doing it anyway. The health and fitness tracking ring has been used in a number of studies around COVID-19, and been worn by NBA and WNBA players to […]
techcrunch - 2 hours ago
Call of Duty: Warzone debuts biggest map change in a year with 1984 Verdansk - venture beat

Call of Duty: Warzone debuts biggest map change in a year with 1984 Verdansk

Call of Duty: Warzone is getting a new but familiar map. Now players can fight in the battle royale on Verdansk in 1984.
venture beat - 3 hours ago
5 emerging use cases for productivity infrastructure in 2021 - techcrunch

5 emerging use cases for productivity infrastructure in 2021

As market demand continues to accelerate, companies are taking advantage of the benefits productivity infrastructure bring to their organization both internally and externally.
techcrunch - 4 hours ago
Google Fi turns 6 and gets a new unlimited plan - techcrunch

Google Fi turns 6 and gets a new unlimited plan

Google Fi, Google’s cell network, is turning six today and to celebrate, the team is launching a new pricing plan, dubbed ‘Simply Unlimited’ starting at $60 per month for a single line (down to $30 per line for 3 lines or more). The new plan features unlimited calls and texts in the U.S., plus unlimited […]
techcrunch - 5 hours ago
Alexa von Tobel will join Disrupt 2021 as a Startup Battlefield judge - techcrunch

Alexa von Tobel will join Disrupt 2021 as a Startup Battlefield judge

Alexa von Tobel, co-founder and managing partner of Inspired Capital, will be joining TechCrunch Disrupt 2021 taking place September 21-23 to help judge the startups competing in Startup Battlefield. NOTE: Applications are now open to don’t hesitate to throw your hat in the ring here! Prior to Inspired Capital, Alexa founded LearnVest in 2008 with […]
techcrunch - 5 hours ago
Proctorio sued for using DMCA to take down a student’s critical tweets - techcrunch

Proctorio sued for using DMCA to take down a student’s critical tweets

A university student is suing exam proctoring software maker Proctorio to “quash a campaign of harassment” against critics of the company, including an accusation that the company misused copyright laws to remove his tweets that were critical of the software. The Electronic Frontier Foundation, which filed the lawsuit this week on behalf of Miami University […]
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Customer Care as a Service: outsourcing can help your startup wow clients 24/7 - techcrunch

Customer Care as a Service: outsourcing can help your startup wow clients 24/7

When should you consider outsourcing customer care, and what should you look for? Here's an overview on how startups are leveraging Customer Care as a Service (CCaaS).
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E-commerce tracking platform AfterShip raises $66M led by Tiger Global - techcrunch

E-commerce tracking platform AfterShip raises $66M led by Tiger Global

AfterShip launched in 2012 to help online sellers track packages across different carriers, but since then it has built a suite of data analytics tools covering almost every step of the shopping experience, from email marketing to customer retention. The Hong Kong-headquartered startup announced today it has raised a $66 million Series B led by […]
techcrunch - 6 hours ago
Universal Hydrogen raises $20.5M Series A to help launch hydrogen aviation - techcrunch

Universal Hydrogen raises $20.5M Series A to help launch hydrogen aviation

The race to decarbonize aviation got a boost this Earth Day with the announcement of a $20.5 million Series A round by Universal Hydrogen, a San Francisco-based startup aiming to develop hydrogen storage solutions and conversion kits for commercial aircraft. “Hydrogen is the only viable path for aviation to reach Paris Agreement targets and help […]
techcrunch - 6 hours ago
SOSV’s burgeoning climate portfolio is worth nearly $6 billion as planetary health bets pay off - techcrunch

SOSV’s burgeoning climate portfolio is worth nearly $6 billion as planetary health bets pay off

The burgeoning climate focused portfolio from early stage investor SOSV Investments has managed to raise nearly $2 billion in follow on financing since the startup companies graduated from the investment firm’s various accelerator programs. Taken together those companies have a collective market capitalization of nearly $6 billion. Ahead of Earth Day this year, the early […]
techcrunch - 6 hours ago
PicPay, the Brazilian mobile payments platform, files for an IPO on Nasdaq - techcrunch

PicPay, the Brazilian mobile payments platform, files for an IPO on Nasdaq

Brazilian mobile payments app PicPay filed an F-1 with the Securities and Exchange Commission (SEC) for an IPO valued at up to $100 million on Wednesday. The company plans to list on the Nasdaq under the ticker symbol PICS. PicPay operates largely as a financial services platform that includes a credit card; a digital wallet […]
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Purple iPhone purple iPhone purple iPhone purple iPhone Purple iPhone - techcrunch

Purple iPhone purple iPhone purple iPhone purple iPhone Purple iPhone

With the spring comes color from Apple. The new iMacs are offered in 7 different shades including a nice deep purple. As a refresh to the lineup, Apple has also released an iPhone 12 and iPhone 12 mini in a purple hue as well. I have a preview unit in hand to look at and […]
techcrunch - 7 hours ago
Whizzco helps publishers maximize their content recommendation revenue - techcrunch

Whizzco helps publishers maximize their content recommendation revenue

Israeli startup WhizzCo says it’s time for publishers to take the programmatic, auction-based approach to the ads in content recommendation widgets like Outbrain and Taboola. After all, publishers regular employ this approach for most of the ads on their websites. But co-founder and CEO Alon Rosenthal said that when trying to monetize his own websites, […]
techcrunch - 7 hours ago
How are VCs handling diligence in a world where deals open and close in days, not months? - techcrunch

How are VCs handling diligence in a world where deals open and close in days, not months?

Some venture capitalists are turning to data to move more quickly. Some are spending more time preparing to be vetted themselves. And some investors are simply doing the work beforehand.
techcrunch - 7 hours ago
As capital pours in to climate investments, Congruent Ventures closes on $175 million for early stage bets - techcrunch

As capital pours in to climate investments, Congruent Ventures closes on $175 million for early stage bets

Congruent Ventures, the early stage investment firm focused on technologies and services designed to avert the current climate emergency, has raised $175 million in financing for its latest fund. The firm, which now has $300 million in assets under management, is focused on investing in pre-seed, seed and Series A rounds and was founded by […]
techcrunch - 7 hours ago
Satellite imagery startup Albedo closes $10M seed round - techcrunch

Satellite imagery startup Albedo closes $10M seed round

While most startups today are creating software, not every upstart enterprise is taking a code-only approach to building a business. Some of today’s most ambitious startups are aiming quite a bit higher. Albedo is one such company. The recent Y Combinator graduate wants to build a constellation of low-orbit satellites that can provide higher-resolution Earth […]
techcrunch - 7 hours ago
Bosch sees a place for renewable fuels, challenging proposed European Union engine ban - techcrunch

Bosch sees a place for renewable fuels, challenging proposed European Union engine ban

Bosch executives on Thursday criticized proposed EU regulations that would ban the internal combustion engine by 2025, saying that lawmakers “shy away” from discussing the consequences of such a ban on employment. Although the company reported it is creating jobs through its new businesses, particularly its fuel cell business, and said it was filling more […]
techcrunch - 7 hours ago
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techcrunch
Storm Ventures promotes Pascale Diaine and Frederik Groce to partners

Storm Ventures promotes Pascale Diaine and Frederik Groce to partners

techcrunch - 1 month ago

Storm Ventures, a venture firm that focuses on early stage B2B enterprise startups, announced this week that it has promoted Pascale Diaine and Frederik Groce to partners at the firm.

The two new partners have worked their way up over the last several years. Groce joined Storm in 2016 and has invested in enterprise SaaS startups like Workato, Splashtop, NextRequest and Camino. Diaine joined a year later and has invested in firms like Sendoso, German Bionic, InEvent and Talkdesk.

Groce, who is also a founder at BLCK VC and helped organize the Black Venture Institute to create a network of Black investors, says that these promotions show that venture needs to be more diverse, and Storm recognizes this.  “If you think about the way our team works, that’s the way I think venture teams will need to work to be able to be successful in the next 40 years. And so the hope is that over time everyone does this and we’re just early to it,” Groce told me.

Unfortunately, right now that’s not the case, not even close. According to research by Crunchbase, just 12% of venture capitalists are women and two-thirds of firms don’t have any female investors. Meanwhile, only about 4% of ventures investors are Black.

Those numbers have an impact on the number of Black and female founders because as Groce points out the lack of founders in underrepresented groups is in part a networking problem. “In a business that’s predicated on networks if you don’t have diversity in the network, or the teams that are driving those networks, you just can’t make sure you’re seeing great talent across all ecosystems,” he said.

Diaine, who is French and started her career by founding Orange Fab, the corporate accelerator of the European Telco Orange, has brought her international business background to Storm where they helped her tune that experience to an investor focus and supported her as she learned the nuances of the investment side of the business.

“I don’t come from the VC world. I come from the innovative corporate world. So they had to train me and spend time getting me up to date. And they did spend so much time making sure I understood everything to make sure I got to this level,” she said.

Both partners bring their own unique views looking beyond Silicon Valley for investment opportunities. Diaine’s investment include a German, Brazilian and Portuguese company, while Groce’s investments include companies in Chicago, Atlanta and Seattle.

The two partners have also developed an algorithm to help find investments based on a number of online signals, something that has become more important during the pandemic when they couldn’t network in person.

“Frederik and I have been working on [an algorithm to find] what are the signals that you can identify online that will tell you this company’s doing well, this company growing.You have to have a nice set of startup search tracking [signals], but what do you track if you can’t just get the revenue in real time, which is impossible. So we’ve developed an algorithm that helps us identify some of these signals and create alerts on which startups we should pay attention to,” Diaine explained.

She says this data-driven approach should be helpful and augment their in-person efforts even after the pandemic is over and increase their overall efficiency in finding and tracking companies in their portfolios.

 

sauce: techcrunch
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