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Greetings, readers.as Hadj with Christine Told you last week that this week’s Daily Crunch is going to look a little different because they’re all on vacation. But you’ll still get some TC tidbits during this usually slow news week. I’ll also be sharing some of our favorite stories from this year in TC and TC+, so let’s get started! — Neither Christine nor Haje
TechCrunch Top 3
- 2023 will be the year electric vehicles really take shape: “Fueled by government policy initiatives and billions of dollars in investment by automakers, we can safely say that the EV industry is already taking shape,” rebecca Write.
- There is no ‘next tweet’, he says: German There is no substitute for the Twitter that some of us have come to know and struggle with, writes: “The illusory option of rushing to the next Twitter must be rejected. Twitter is more than a product: it is a moment, it is a digital capability An unrefined embodiment of , like any such primal element, it is destroyed as often as it is created. It is necessary and fun, but these messy pleasures have messy endings. Rebuild it now , learning only superficial lessons, is like rebuilding a crumbling castle on the same quicksand. Watch it sink!”
- “It’s all about the (lack of) details”: zack with Carlyour friendly community cybersecurity reporter, takes a look back at dealing with the worst data breaches of the year.
Startups and Venture Capital
- in a wind turbine: Harry Aerones, a robotics startup that scrubs and inspects wind turbines, has raised $39 million in funding from undisclosed investors, writes.
- Diversified Fintech: Jakarta-based Akulaku raises $200 million. The fintech company also operates in the Philippines and Malaysia, offering a virtual credit card and installment payment shopping platform, as well as an investment platform and neobank, Catherine Write.
- Money Concept: Indian fintech firm Money View raises $75 million in new funding round to expand its credit business and develop more products, Manish Write.
High-growth startups should start de-risking their IPOs now
Image credits: Richard Drury (opens in new window) / Getty Images
It sounds counterintuitive, but in this frigid fundraising environment, late-stage startups need to consider going public.
“While some companies have delayed their IPOs, others can catch up and prepare for a moment when the public markets are eager to invest again,” wrote Carl Niedbala, COO and co-founder of commercial insurance brokerage Founder Shield.
In a detailed TC+ article, he examines why “smart companies are de-risking their public roads,” which industries are best positioned, perhaps most notably, and which benchmarks suggest “IPOs are in their future.” “.
Let’s review again:
- Six Climate Technology Trends: With more and more investors looking to get into climate tech, we have some ideas on where they’re going to put their money, Tim report.
- FOMO Excessive Due Diligence: Several investors spoke about how due diligence and investment practices have been affected this year, and how we can learn from our biggest mistakes. Dominique Madori with Ron There are more.
- look back: Calanbasin Covers the views of 10 investors on no-code/low-code startups in the first quarter of this year. We’ll be running a new no-code/low-code survey in Q1 2023, so if you’re an investor interested in this space and want to get involved, contact us here.
TechCrunch+ is our membership program that helps founders and startup teams stay ahead of the pack. you can sign up here. Use code “DC” for 15% off your annual subscription!
big tech company
- struggling in india: Research firm Fairwork India points out that several companies, including Amazon and Uber, create unfair working conditions for gig workers. Manish There are more.
- balance: If you’re looking for a report on how you interact with your computer, Balance has your back and can even help you develop some healthy computing habits if that’s what you’re after in the new year. ivan Write.
- the future of artificial intelligence: Kyle Donning his prediction hat over the weekend as well, letting us all know what we can expect from the AI front in 2023.
