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It’s May 24th, 2022 And Today AMANDA The subtitle of his story about everything you wanted to know (but didn’t want to ask) about Elon Musk and Twitter made us laugh with his “Welcome to Hell, We All Drive Teslas.” accomplished. , hodges And Christine
TechCrunch Top 3
- Another layoff storyWe’ve been talking a lot about layoffs over the past few weeks, most of it coming from tech companies — we have some on PayPal’s recent group — and we’ve also moved to the food delivery space, which Has not been without its own set of challenges, as companies grew rapidly during the pandemic. The gorilla, one of the biggest players here, is one of the recent casualties. It said it would lay off 300 employees, because funding has dried up and debt has accumulated, just a few of the problems we can emerge from similar companies, ingrid Report.
- A horse is a horse, of course, unless it is a unicorn: Data observability company Monte Carlo got a shiny gold horn today after announcing $153 million in Series D funding. alex Shares why this company was able to achieve such a feat in this less-than-stellar funding environment.
- hey look who’s behind: A guy we weren’t expecting to hear from again for a while is Adam “WeWork” Newman, but it looks like we were wrong. He has launched a startup that will sell carbon credits on the blockchain. The company claims to have raised $70 million in funding, which includes a16z and a token sale. Anita Report.
Startups and VCs
It’s a bit absurd to cover stories of $150 million rounds and layoffs in turn today, but such is the life of startups. Fireworks has just raised a $150 million round from SoftBank & Co. To turn streaming experiences into e-commerce opportunities, Christine Report.
In other climate news, Tim Singularity Energy has raised a $4.5 million round for a SaaS platform that reports off grid carbon emissions, the report said.
Go ahead, get some more:
- SpecEd goes to cyberspaceSpecial education has proven difficult to assess and deliver during the pandemic, but Parallel Learning thinks there is a solution. Courtesy of Tiger Global and a cabal of other VCs also has $20 million in cash to execute.
- Bad Robot, Not a Donut: Warehouse operators can’t wait to see fewer humans messing things up on production lines, apparently, and Nomagic snatched $22 million of cold hard cash off the VC assembly line to make sure robots get more Can work in warehouses, ingrid Report.
- Purchase Isell water: Access to global supply chains may be difficult for small businesses in Latin America, but Panda is using foreign ties and technology to make it easier to import goods from Asia. Christine reported that the company raised $6.3 million.
- And take a breath…: French startup moka.care has raised a new $16 million Series A funding round. The company focuses on mental wellness in the workplace, providing a full service that sits between the employees and human resources departments, romaine Report.
- Excel, unplugged. Except, more like a plug. it’s a confusing metaphor: After several years of doing the humble spreadsheet, we’re seeing a slew of innovations in this area. Caught ActionDesk today romaineWith a solution that makes spreadsheets more compatible with the SaaS era.
Mayfield’s Naveen Chaddha: I’ve seen clouds from both sides now
image credit: Muhammad Ridha / 500 px (opens in a new window) / Getty Images
As Managing Partner and Founder of Three-times at Mayfield, Naveen Chadha has seen a downturn twice.
“I’ve invested in more than 60 companies, and while many have gone public or were acquired, the journey has involved pivots, near-death experiences, and navigating through the 2008/2009 recession,” he tells TC+ Write in guest post.
“Every era is different, but here are some tips for our new normal.”
(TechCrunch+ is our membership program that helps founders and startup teams grow. You can sign up here,
Big Tech Inc.
If you live in certain states your Walmart delivery may soon be out of the sky. After expanding its partnership with DroneUp, the retail giant is in one fell swoop to expand its drone coverage to six states this year. Interestingly, the $4 shipping fee doesn’t deter people from choosing that method of shipment, even if they’re ordering from Hamburger Helper.
Out of today’s myriad Microsoft coverage stories, we wanted to remove this item from one of the company’s newly revamped Power Pages, which previously resided within Power Apps as a component called the Power Apps portal. We know, web-design tools are a dime a dozen, but what Microsoft is banking on is the product’s integration with Visual Studio Code and other existing services like GitHub.
During this…
- A picture of an animal is worth a thousand words: If you need a little pick-me-up for your Tuesday, visit Devin’s story about OpenAi, which made us smile.
- No Bae-cations for ChinaAirbnb: Airbnb said it would shut down its domestic business in China, which it had since 2016, but alas it accounted for just 1% of the company’s total business.
- When it’s cheerleader, down in Africa: Uber is popping some champagne after reaching 1 billion rides in Africa.
- sorry alon: A California judge ruled that a sexual harassment lawsuit against Tesla would proceed in court instead of going the arbitration route requested by the company.
