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What’s up Uuuup you wonderful people. We’re psyched to report live from TechCrunch Disrupt — without ignoring the rest of the world, natch. It’s a super fun day, and we’re here to share some exciting news and shenanigans with you! – Christine And came
TechCrunch’s Top 3
- Go digital: Manual business processes used to be the norm, so it’s understandable that moving away from what you know can be difficult. Enter Bumpa, a Nigerian retail automation platform looking to do the hard work for companies looking to add more digital operations. Helping it along is $4 million in new capital from Base10 Partners; take up Reports.
- Celebrate, celebrateThe latest Airbnb ads show you can find any type of home — epic pools, sleeping on the side of a mountain, you name it — so it’s no wonder the vacation rental startup is popular. In that case, Holiday has received $98 million in new financing to grow its vacation rental business in Europe. Natasha L He wrote.
- Delivery system: take up Today it’s back with another big story, this time on MaxAB’s $40 million fundraising. Egypt’s e-commerce platform helps facilitate the grocery store’s relationship with suppliers. As of 2018, they have made over 150,000 connections.
Startups and VCs
A food technology company that creates animal-free fats using synthetic biology has secured $28.6 million in Series A funding. Christine Reports. The round was led by Horizons Ventures and backed by Main Sequence Ventures and Hostplus.
Decades of rising health care costs are not expected to change course anytime soon. In search of a fix, Alaffia Health was founded in It’s in 2020. It is one of the startups participating in the TechCrunch Disrupt Battlefield 200, and uses machine learning to detect fraud, waste and abuse in healthcare claims. Kyle Reports.
And here’s more from our Greatest Hits album from the last 24 hours:
The beginning of the battlefield
It’s Riot Day Two and that means the second day of the Battleground Tournament. A total of 20 companies gathered and here’s who took the stage today:
Ali Robotics: The company has developed an integrated hardware and software solution designed to make these automated solutions easy to deploy for those with no coding/robotics experience.
Nat4BioA food-grade coating is applied to protect fruits from microscopic threats.
Minerva LithiumIt uses an absorbent material to change the way we excrete lithium.
HonorIt paves the way for more electricity from biogas and fuel-cell technology.
Getting insideIt is building servers that use liquid for cooling.
Entropic materialsEntropic helps single-use plastics decompose from the inside out.
Better dataBetterData taps blockchain to create better synthetic data.
Sweaty: Wants to make milk healthier and cows happier with better sensors.
Advanced IonicsIt is trying to lower the cost of green hydrogen by reducing the amount of electricity needed for electrolysis by 50%.
Kayhan SpaceKaihan Space is making orbit safer by using real-time and automatic collision warnings for satellites.
Tune in to TechCrunch.com tomorrow to see the finalists pitch in front of the judges one more time to find out who will take home this year’s Disruption Trophy and $100,000.
News from the riots
The Great Migration and the next 10-year cycle in the cloud
Image Credits: Tim Roberts (Opens in a new window) / Getty Images
Now that the public cloud market has adjusted after years of growth, are experienced workers looking for greener pastures at smaller companies?
According to Andy Stines, general partner of CloudApps Capital Partners, we are entering a decade-long cycle that will bring about a massive migration of talent.
“Once you think about it, the answer is obvious,” he says. “Companies are extending their financial runways, and cloud leaders are feeling the pain as they cross sections of their teams and face more work and pressure.
A few more for you:
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.
Same with our story from yesterday. Kyle He brings us another look at how Adobe continues to unveil new features powered by artificial intelligence, including the ability to overlay objects on photos and add realistic lighting and shadows. He’s “no Photoshop wizard,” but Adobe tells him that “compositing can be a time-consuming, tedious, and time-consuming process,” and the new prototype eliminates that.
And five more for you.
- Drive to purchaseMullen Automotive bought LMS for $240 million, a deal that would help the bankrupt company but allow Mullen to build up to 50,000 electric vehicles each year. Jacqueline Reports.
- Take on TikTokPinterest is running on TikTok across all social media platforms, partnering with record labels to allow users to add popular music to “Idea Pins.” Sarah It has more.
- Move over drivers, the robots are coming.: In a sign that the Alphabet subsidiary is ready for prime time, Waymo told us it plans to launch a robotaxi service in Los Angeles if it clears some regulatory hurdles. Kirsten He wrote.
- It is an insured home.Amazon is getting into the home insurance market game in the UK by launching an insurance comparison site. Ivan Reports.
- Clarna, Clarna, Clarna, Clarna, Clarna Chameleon.: It’s been a while since we could use that, and it still doesn’t disappoint. The purchased, pay-as-you-go platform now has a new Creators app for retailers and influencers to collaborate on features and shoppable video. Lauren He wrote.
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