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Soooo you may have received the first edition of the Daily Crunch yesterday, where we mentioned a conference, placing it in the wrong country. Oops – we’ve updated the headline. Sorry, Finland, we really love you.
It was yesterday. Today, there’s a wall of exciting new things to see…among other things, opportunity Nisha If you’re running a space launch, it’s for you: Apply for pitches at TC Sessions: Space 2022!
TechCrunch’s Top 3
- I got the golden IT ticketFiling a ticket with the IT department to make a minor adjustment to some loan criteria can keep a banker waiting longer than necessary. Enter Taktile, which is doing more codeless, self-service work. $20 million in new funding will help fintech companies test and deploy those adaptations without developers. Kyle Reports.
- There are no cloudy days hereAmazon is investing more money in India, this time $4.4 billion for its cloud division over the next eight years as it opens a second cloud region in Hyderabad. Manish Reports.
- This is one popup you don’t want to “X” out.When building an online store on some marketplaces, merchants provide basic tools. However, as their business expands, merchants must rely on tools. Popup took $3.5 million in funding to solve this problem with just one tool to design online storefronts in a codeless way. Christine He wrote.
Startups and VCs
Ora, a startup founded by former Twitter employees, made digital frames and photo-sharing apps that could be used to update those frames, with 3 million users of the app and 1. When it closed, it took some funding to expand the business. Millions of frames are sold. Ingrid Reports. The company raised $26 million this quarter in a mix of debt and equity, which it is using to ramp up production and invest in 2023 plans.
All eyes are on the failure of FTX in the crypto industry. That’s why today’s news of Bitpanda receiving a crypto license from Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), is an important sign for the Austrian unicorn company. Roman.
Here are some more VC and startup stories for you:
Cold distribution with a warm touch: Here’s a quick pitch from our email to investors
Pitching a startup to investors without a personal pitch isn’t a terrible idea—as long as you do your research first.
Tetra Insights founders Michael Bamberger and Panos Rigopoulos raised a $5 million Series A last year, and the duo say cold distribution is a core part of their strategy.
“When I changed my criteria to qualified people, the process was very quick,” says Bamberger, who initially raised $500,000 from friends and family in 2019 and raised $1.5 million in seed a year later.
Three more from the TC+ team:
TechCrunch+ Our membership program helps founders and startup teams stay ahead of the pack. You can register here.. Use code “DC” for 15% off annual subscription!
Big Tech Inc.
Elon Musk’s takeover of Twitter has also given rise to similar social media companies. Ivan Indian social network Ku is one platform gaining popularity in Brazil, he writes, but this is turning into a number of challenges, including how to manage moderation.
Meanwhile, here again with holiday shopping, Rita PinduoDuo’s sister shopping app, Teemu, has reportedly gained popularity after hitting the US App Store.
And we have five more for you:
- See who your fast friends are: One-time frenemies security hacker George Hotz and Elon Musk seem to have buried the hack, and Hotz has signed on to help on Twitter. Connie Reports. Meanwhile, Amanda A Twitter blue confirmed reset tells us it’s stopped again. Oh, and if Twitter’s own archive is taking up too much of your time, Kyle It has a list of free tools that make archiving easy.
- Locked out of MarsHackers have found a way to lock the Mars Stealth malware off their own servers. Zach He wrote.
- Tumblr to the rescuePeople are flocking to Twitter-like alternatives, but most of these new platforms can’t keep up with the sudden demand. Here to help is Tumblr, which powers Mastodon, the social protocol for YouTube, and other apps; Sarah He wrote.
- International currency: take up He wrote about FTX’s impact on Africa, as the company was processing billions of cryptocurrencies every month before its collapse.
- Straight from “Big Hero 6”.If you’ve never seen “Big Hero 6,” part of the plot is about a giant who wants to create robots that can build things, and now. Brian It reports that researchers are building robots that can build themselves.