Motorway’s auction platform for second-hand cars raises $67.7M Series B led by Index Ventures
Motorway is a U.K. startup that allows professional car dealers to bid in an auction for privately owned cars for sale. The startup has had rapid success by removing a lot of friction in the process. It's now raised £48 million / $67.7 million in a Series B round led by Index Ventures, along w
Cybersecurity training platform Immersive Labs closes $75M Series C led by Insight Partners
Immersive Labs, a platform which teaches cybersecurity skills to corporate employees by using real, up-to-date threat intelligence in a “gamified” way, has closed a $75 million Series C funding round led by new investors Insight Partners alongside Menlo Ventures, Citi Ventures and existing inve
Gillmor Gang: Déjà Vu
The Gang, or a subset, did a Clubhouse, longer than a regular show by a good third. The audio-only structure lacked the visual cues that distinguish between irony and bad manners, but otherwise it felt familiar if not comfortable. I can’t remember what we talked about, only that I seemed a l
Nuclear waste recycling is a critical avenue of energy innovation
No single question bedevils American energy and environmental policy more than nuclear waste. No, not even a changing climate, which may be a wicked problem but nonetheless receives a great deal of counter-bedeviling attention.
It's difficult to paint the picture with a straight face. Let's
Jeff Bezos’ Blue Origin auctions off seat on first human spaceflight for $28M
Blue Origin has its winning bidder for its first ever human spaceflight, and the winner will pay $28 million for the privilege of flying aboard the company’s debut private astronaut mission. The winning bid came in today during a live auction, which saw 7,600 registered bidders, from 159 coun
How many opinions does it take to hit the $100M ARR Club?
In a world of talking points and corporate jargon, opinions are refreshing — and Expensify CEO and founder David Barrett is full of them. One of his earliest lessons in life, for example, was that basically everyone is wrong about basically everything. If instilling that at a young age doesn'
Apple's iPadOS 15 breaks the app barrier
The announcement of new iPad software at this year's WWDC conference had an abnormally large expectation hung on it. The iPad lineup, especially the larger iPad Pro, has kept up an impressively frantic pace of hardware innovation over the past few years. In that same time frame, the software of
7 new security features Apple quietly announced at WWDC
Apple went big on security and privacy during its Worldwide Developer Conference (WWDC) keynote this week, showcasing features from on-device Siri audio processing to a new privacy dashboard for iOS 15 — out later this year — that makes it easier than ever to see which apps are collecting your
The rapid hard-tech emergence
When I joined the team at SOSV's HAX, a venture program designed to help early-stage hardware founders, my friends in tech shook their heads. Hadn't I learned yet that hardware is too hard? What they didn't see was a hardware scene evolving rapidly in contrast to its glacial reputation.
UBS investment makes Byju’s the most valuable startup in India
Edtech giant Byju’s has become the most valuable startup in India after raising about $350 million in a new tranche of investment from UBS Group and Zoom founder Eric Yuan, Blackstone and others that valued the Bangalore-based firm at $16.5 billion (post-money).
In a new filing, Byju’s
SOSV, the global venture firm, just closed a $100 million fund to back its maturing startups
Sean O'Sullivan, the founder of the global venture outfit SOSV, has slowly but steadily built up a sizable operation over the years.
SOSV started off as a family office, investing the capital of O'Sullivan after he co-founded two companies, including MapInfo, an outfit that went public in 1
The air taxi market prepares to take flight
Twelve years ago, Joby Aviation consisted of a team of seven engineers working out of founder JoeBen Bevirt’s ranch in the Santa Cruz mountains. Today, the startup has swelled to 800 people and a $6.6 billion valuation, ranking itself as the highest-valued electric vertical take-off and landi
Michael Brown, the new chair of the powerful lobbying group NVCA, shares his agenda
Michael Brown, a longtime general partner with Battery Ventures, was just elected to the role of chairman of the National Venture Capital Association three years after joining its board of directors. Earlier this week, we caught up with Brown to ask about his new, year-long role with the 48-year-ol
Daily Crunch: Toptal sues rival Andela for allegedly making 'a perfect clone’ of its freelancer marketplace
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Hello and welcome to Daily Crunch for June 11, 2021. As a small note I am off next week, so my dear friend and technewss lifer Henry Pickavet will be taking over