Daily Crunch - Nothing sets July 27 rollout for noise-canceling Ear (1) earbuds

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

Tuesday, July 06, 2021 By Alex Wilhelm

Hello and welcome to Daily Crunch for July 6, 2021. We’re back after a holiday here in the United States. Not that that stopped global technology news, mind, so there’s a lot to get into. Before we do, one more reminder about TechCrunch Early Stage later this week — your humble servant is running a session with venture capitalist Sarah Kunst about fundraising. It’s going to rock. — Alex

Read More


TechCrunch Top 3

Today’s Top 3 are all about conflict. Between tech companies, between tech companies and governments, and between tech companies and their shareholders. Enjoy:

  • Governments versus tech: The scrap between China’s government and Chinese ride-hailing company Didi escalated over the break, from the company having to stop accepting new users to losing its spot in app stores. The company’s stock is down sharply today. Our read? China’s government crackdown on tech is not over, and Chinese companies going public in America just hit a pace better described as glacial. Related: Twitter versus India is still rolling along, and it’s not going well.
  • A cloudy mess: Remember that huge deal to award a cloud contract from the U.S. military to one major tech company? Microsoft won; Amazon pitched a fit. And now neither company will get the $10 billion deal. Womp.
  • Box versus investors: Rounding out our conflict coverage, the latest from Box. Former cloud storage darling and present-day public enterprise productivity shop Box is locked in a lengthy argument with activist investor Starboard. Today, Box went the corporate equivalent of supernova by releasing a TikTok video of its communications with the investing group, essentially calling them out for hypocrisy. Not that that charge means much to amoral capital pools searching for above-market returns, but, hey, it made for some good headlines.

Black Friday In July sale! Save up to 45% off!

Sponsored by Dell for Entrepreneurs

Take advantage of this year's Black Friday in July promotion. Get up to 45% off select products like the Latitude 9520, the world's most intelligent ultra-premium PC. Featuring industry's first automatic SafeShutter and Dell Optimizer’s built-in AI.

Read More


Today’s startup news includes a number of funding rounds, a neat new venture capital fund and some SPAC news from space (and Earth):

  • Super.mx raises $7.2 million: The Mexico City-based insurtech startup has put together a Series A for its “managing general agent” approach to offering coverage. The startup claims to be able to “handle the entire user experience just like a direct-to-consumer carrier, but with the breadth of product choice offered by an aggregator.”
  • Single.Earth raises $7.9M for crypto-carbon tokens: Here’s an idea that I don’t fully understand: linking carbon credits to tokens that represent the real world. That’s the gist of Single.Earth, which wants to shake up how companies compensate for their carbon footprint. It uses MERIT tokens, and, per its website, is creating a “digital twin” of the natural world.
  • Wagmo raises $12.5M for better pet insurance: Insurtech is a hot market because insurance is a huge market. So large that even its subdivisions are attracting startup competition. Wagmo — not Waymo, mind — wants to bring more pet services into its product to cover your pet more holistically.

Next, a new fund:

  • iFly.vc raises second fund worth $46M: I don’t bring you many new venture capital fundraises because they seem a bit meta for our startup focus, but here’s one regardless. Why include it? The venture capital group — which has a neat history, as the post details — relocated from San Francisco to Austin during the pandemic. That’s notable.

And from the SPAC beat:

  • Space SPAC: Sattelogic is going public via a SPAC. Its deck is light on past results and heavy on future incomes.
  • Earth SPAC: Nextdoor is going public via a SPAC. Its deck is far more rooted in terrestrial things, like trailing revenue.

Finally, TechCrunch covered upcoming headphones from Nothing, a hardware upstart that we don’t know much about. But it thinks its $99 headphone offering can compete with Apple’s AirPods Pro line. Which cost 2.5x as much. If a startup can manage that, we’ll be super impressed. And Nothing will be worth several somethings.

Startups/VC image

Image Credits: Nothing

Nothing founder Carl Pei on Ear (1) and building a hardware startup from scratch

In an exclusive interview with TechCrunch Hardware Editor Brian Heater, Nothing Founder Carl Pei discussed the product and design principles underpinning Ear (1), a set of US$99/€99/£99 wireless earbuds that will hit the market later this month.

“We’re starting with smart devices,” said Pei. “Ear (1) is our first device. I think it has good potential to gain some traction.”

Despite Apple’s market share and the number of players already competing in the space, “we’ve just focused on being ourselves,” said Nothing’s founder, who also shared initial marketing plans and discussed the inherent tensions involved with manufacturing consumer hardware.

“Everything is a trade-off. Like if you pursue this design, that has a ton of implications. Battery life has ton of implications on size and on cost. The materials you use have implications on cost. Everything has an implication on timeline. It’s like 4D chess in terms of trade-offs.”

Read the full interview on Extra Crunch.

(Extra Crunch is our membership program, which helps founders and startup teams get ahead. You can sign up here.)

Read More

Nothing founder Carl Pei on Ear (1) and building a hardware startup from scratch image

Image Credits: TechCrunch

Big Tech Inc.

We got through most of the Big Tech news in our Top Three today, but there’s still a bit more for your enjoyment:

TechCrunch Experts: Growth Marketing

Are you all caught up on last week’s coverage of growth marketing? If not, read it here.

As usual, if you have a recommendation of a growth marketer we should know about, fill out the survey here.

Read More

TechCrunch Experts: Growth Marketing image

Image Credits: SEAN GLADWELL / Getty Images

Read more stories on TechCrunch.com

Newest Jobs from Crunchboard

See more jobs on CrunchBoard

Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.

Facebook Twitter Youtube Instagram Flipboard

View this email online in your browser

Privacy Policy | Terms of Service | Unsubscribe

© 2021 Verizon Media. All rights reserved. 110 5th St, San Francisco, CA 94103

Older messages

Don’t send VC a cold deck ever again: Start sending video pitches

Tuesday, July 6, 2021

Extra Crunch Newsletter Extra Crunch logo Extra Crunch Roundup logo Tuesday, July 06, 2021 • By Walter Thompson and Annie Siebert Welcome to Extra Crunch Tuesday Image Credits: CoWomen/Unsplash The

Get your free ticket before the fireworks end

Tuesday, July 6, 2021

2 for 1 ticket sale ends tonight The firework show might be over but you still have time left to take advantage of the Fourth of July sale on all FOUR TechCrunch events. Tickets to all TechCrunch

Max Q - Billionaire Blast-off Boys Club

Monday, July 5, 2021

TechCrunch Newsletter TechCrunch logo Max Q logo Monday, July 05, 2021 • By Darrell Etherington It's a space race of the most indulgent kind, plus there's a new commercial launch enterprise in

The Station - Bird has drama in San Francisco, drone delivery startup Zipline raises $250M

Sunday, July 4, 2021

TechCrunch Newsletter TechCrunch logo The Transportation logo Sunday, July 04, 2021 • By Rebecca Bellan Happy 4th of July! For those of you who are actually checking your emails today while getting

Week in Review - Facebook tastes a cool trillion

Saturday, July 3, 2021

TechCrunch Newsletter TechCrunch logo Week in Review logo Saturday, July 03, 2021 • By Lucas Matney Hello friends, and welcome back to Week in Review! Last week, I wrote about ByteDance's

Alpine.js Weekly #69

Saturday, July 24, 2021

Alpine plugins are dropping, keep an eye on Caleb Porzio's announcements. 🥳 New Alpine Plugin: Persist 🍾 Easily persist data across page loads by using a nifty little decorator function: $persist()

Olympics: Scammers are trying to cash in on the Olympic Games

Saturday, July 24, 2021

Smart Cities Robotic Challenge; KDE is to Linux what 7 was to Windows Subscription | Read Online | Twitter Facebook LinkedIn Top Story of the Day July 23, 2021 Top Story of the Day Scammers offer

Weekly Xamarin - Issue 313

Saturday, July 24, 2021

Moar MAUI! Weekly Xamarin View on the Web Archives ISSUE 313 24th July 2021 KYM PHILLPOTTS G'day Everyone, We are now on the downhill slope towards MUAI releases and you can really see it in the

[Python Dependency Pitfalls] "Re-inventing the wheel" disease

Saturday, July 24, 2021

Hey there, PyPI, the Python packaging repository, now contains more than 100000 third-party packages in total. That's an *overwhelming* number of packages to choose from... And this feeling of

The Plastic World of RealSelf

Saturday, July 24, 2021

Cyberbits #10: “The TripAdvisor of Boob Jobs” ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

The Framework Laptop is now shipping — BirdNet – Identify Birds by Sound — and AWS's Egregious Egress

Friday, July 23, 2021

Issue #473 — Top 20 stories of July 24, 2021 Issue #473 — July 24, 2021 You receive this email because you are subscribed to Hacker News Digest. You can open it in the browser if you prefer. 1 The

Daily Crunch - Bitcoin 'is a big part of our future,' says Twitter CEO Jack Dorsey

Friday, July 23, 2021

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo Friday, July 23, 2021 • By Alex Wilhelm Hello and welcome to Daily Crunch for July 23, 2021. It's been an interesting week for the crypto

Software Testing Weekly - Issue 81

Friday, July 23, 2021

Do you ask the right questions? View on the Web Archives ISSUE 81 July 23rd 2021 COMMENT Welcome to the 81st issue! Here's one thing I'd like to highlight this week. It's a meaningful post

The Dial-Up Volunteer Army 💾

Friday, July 23, 2021

How AOL was built on a an army of unpaid volunteers. Here's a version for your browser. Hunting for the end of the long tail • July 23, 2021 Today in Tedium: In some ways, social media started with

JSK Daily for Jul 23, 2021

Friday, July 23, 2021

JSK Daily for Jul 23, 2021 View this email in your browser A community curated daily e-mail of JavaScript news Snapshot Testing for Frontends There are many types of software testing. Among these, one