Sidewalk Labs products will be folded into Google proper

Alphabet’s smart city project is winding down and Google will take over its products. Sidewalk Labs CEO Dan Doctoroff announced the news in a letter, in which he noted he is stepping down for health-related reasons. A spokesperson confirmed to Engadget that Sidewalk Labs products will be fold

Mavrck raises $120M to scale its influencer marketing platform

"speakable-summary" dir="ltr">The rise and pact of influencers has been one of the biggest forces in how the modern online social landscape has evolved in recent tes. Now, a company that’s tapping into that influencer juggernaut, and specifically how it is playing out in the world of marketing

Sweep raises a $22M to aim at large corporates scrambling to deal with carbon

Enterprise SaaS for measuring company carbon emission is hot. Only recently Planetly was acquired by OneTrust for an undisclosed amount. And there are plenty of other startups in the space such as Plan A, Watershed, and Emitwise, all with their own take on the market. Now France-based Sweep, which

MEPs back limits on Big Tech’s ability to set self-serving defaults

The European Parliament has agreed its negotiating position on draft legislation to put limits on how Big Tech can operate with the aim of rebooting competition and fair dealing in digital markets. The proposal also takes aim at so-called ‘killer acquisitions’ where powerful platforms b

German revenue-based financing platform Re:cap raises $111.5M Seed round

Re:cap, a non-dilutive funding platform in a similar vein to Pipe.com and Capchase but based in Europe, has closed a Seed financing round of $111.5 million, in a mix of growth capital and liquidity for the revenue-based financing platform. re:cap's first product is now officially going live, fo

Daily Crunch: Crypto custody provider Anchorage Digital valued at $3B after $350M Series D

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for December 15, 2021! Big news from technewss this week, namely that our events are returning to your neighborhood next year!

UBQ Materials’ plastic replacement product attracts $170M from impact investor TPG Rise

UBQ Materials, which claims it has developed a plastic-like material made from 100% unsorted household waste, has raised a $170 million funding round led by TPG Rise, TPG's global impact investing platform, made through TPG Rise Climate, the firm's dedicated climate investing fund, and The

Global climate tech investment triples, but cash for tech directly cutting emissions lags

Investment from VC and PE into climate tech is booming, reaching $87.5 bilion over H2 2020 and H1 2021, with in excess of $60 billion in the first half of 2021 alone, according to a new report from PWC. This is a 210% increase from the $28.4 billion invested in the 12 months prior; some 14 cents of

Meta expands bug bounty program to reward discoveries of scraped data

Meta is expanding its bug bounty program to reward researchers who report data scraping. The change will allow researchers to report both bugs that could enable scraping activity, as well as previously scraped data that has already been published online. In a blog post, Meta says it believes it is

The entry-level 2022 Polestar 2 will have an EPA-estimated range of 270 miles

As part of its recently announced 2022 lineup, Volvo subsidiary Polestar introduced a new single-motor variant of its Polestar 2 electric sedan. If you were waiting on an EPA estimate before reserving one, wait no more. You can expect to get about 270 miles of range on a single charge from the car

Google’s Area 120 launches Qaya, a service offering web storefronts for digital creators

A team at Google is today launching a new service called Qaya, which will allow creators to easily set up new web storefronts where they can sell their products and services directly to their audiences. The project is the latest to emerge from Google’s in-house project incubator, Area 120, wh

US investment in smart roadways will pave the path to an economic boom

The challenges facing the U.S. transportation system are plentiful and worsen each year. As demand on our nation's roadways increases, so do safety, efficiency and sustainability issues. The historic $1 trillion Infrastructure Investment and Jobs Act, one of the largest and wide-reaching infras

Educate Online, which allows remote learning at international schools, raises $4M Seed

It was only earlier this week that we learned StudyFree — which connects students with international educational opportunities — had raised a $3 million seed round. But there's more to this than being accepted on a traditional course. The pandemic has turned education into a remote industry

Daily Crunch: Netflix drops subscription fees in India as it battles for market share

To get a roundup of technewss's biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Hello and welcome to Daily Crunch for Tuesday, December 14! Our Space event is underway and kicking maximum Q thus far, I am happy to report. In other technewss