Daily Crunch - Gap year student secures last open seat for Blue Origin's first human spaceflight

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

Thursday, July 15, 2021 By Alex Wilhelm

Hello and welcome to Daily Crunch for July 15, 2021. Good news from the TechCrunch front: The agenda is out for our big Disrupt conference coming this September. It’s going to be flat-out amazing, frankly, so take a peek. Also, the latest EC-1 just dropped. So if you want to get the inside scoop on CockroachDB, well, we have just the compendium for you. — Alex

Read More

 image

The TechCrunch Top 3

  • Revolut is now worth $33B: U.K.-based neobank Revolut has put together an $800 million round that values the company at $33 billion. The company’s fresh valuation is a multiple of what it was worth in early 2020. Why is it worth so much today? TechCrunch did a little exploring on the matter.
  • Valve is making gaming hardware: Yes, the folks behind the Steam gaming store are getting into the hand-held gaming market. Their device, the Steam Deck, will cost $399 and will contain “a quad-core Zen 2 CPU, coupled with AMD RDNA 2 graphics and 16 GB of RAM,” per our own Brian Heater. If you want more storage, get ready to shell out up to $649 for the hand-held computer.
  • Autonomous vehicle unicorn Aurora is going public: As TechCrunch previously scooped, autonomous vehicle unicorn Aurora is going public via a SPAC. The company expects to sport a $13 billion valuation when it begins to trade. Recall that Aurora previously absorbed Uber’s self-driving vehicle unit at a roughly $10 billion valuation.

The first IT Superhero Awards!

Sponsored by Connection

2021 was the year our IT folk saved the day, every day; but have we really thanked them for their heroics? Now we can. Connection needs you to nominate your favorite IT Superheroes. All nominations must be in by Aug. 10th.

Read More

Startups/VC

The venture capital market has been on fire lately, leading to rapid-fire deal-making and more rounds than journalists can dream of covering. But if you are still in the market to raise capital, then you might want to listen to Norwest’s Lisa Wu, who has a few tips that might prove useful. Chief among them? Think like a VC when you head out to raise.

  • AmEx dips its toes into financial planning: Today news broke that credit giant American Express invested in BodesWell last year via its venture arm. Now the credit card company has “launched a pilot of its first self-service digital financial planning tool” in conjunction with the startup. Talk about an early customer for BodesWell.
  • Prefab construction tries again: That’s the word from a new $20 million round for Abodu — what we presume is a portmanteau of “abode” and “you.” Sure, prefab construction unicorn Katerra is kaput, but Abodu is taking a consumer-focused spin on the model. Norwest led the round, with participation from Initialized Capital.
  • Lightyear raises $13.1M for online network procurement: From the geekier side of tech today was news from Lightyear, a startup that its CEO says is the “the first tool for buying your telecom infrastructure on the web.” Ron Miller notes that everything is heading online, so why not network buying?
  • $20M for financial data extraction: Daloopa has closed an eight-figure Series A led by Credit Suisse Asset Management’s NEXT Investors to help financial types avoid “repetitive data extraction in order to gather insights for analysis and forecasts,” TechCrunch reports. The deal stood out to us given its obvious corporate venture capital (CVC) angle; CVCs have been more active than ever in recent quarters.

The CockroachDB EC-1

Ants and camels are famously resilient animals, but when it was time to select a name for a startup that offers open-source, cloud-based distributed database architecture, you can imagine why “Cockroach Labs” was the final candidate.

Database technology is fundamental infrastructure, which partially explains why it’s so resistant to innovation: Oracle Database was released in 1979, and MySQL didn’t reach the market until 1995.

Since hitting the market, CockroachDB has become “a next-generation, $2-billion-valued database contender,” writes enterprise reporter Bob Reselman, who interviewed the company’s founders to write a four-part series:

Part 1: Origin story: From the creation of the popular open-source image editor GIMP to some of Google’s most well-known infrastructure products.

Part 2: Technical design: Analyzes the key differentiation that CockroachDB offers, particularly its focus on geography and data storage.

Part 3: Developer relations and business: How CockroachDB engages with developers while pivoting to the cloud at a key inflection point.

Part 4: Competitive landscape and future: A look at the fierce competition, and what possible exit routes might look like.

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

Read More

The CockroachDB EC-1 image

Image Credits: Nigel Sussman

Big Tech Inc.

  • Apple hearts fintech: News this week that Apple is considering jumping into the buy now, pay later sector rocked the share price of Affirm and Afterpay. But what about startups in the space? TechCrunch did a little noodling on the question.
  • Xiaomi snags Apple’s No. 2 handset mark: Apple’s handset shipments grew in the second quarter, but a huge 83% gain at Xiaomi put the Chinese hardware company above Cupertino and its iPhone line, per Canalys data. Samsung remains the world’s largest smartphone company by unit volume.
  • Be jealous of this 18-year-old: After the winning bidder for a space flight on Jeff Bezos’s Blue Origin sold for $28 million to someone who couldn’t be bothered to make the first flight, an 18-year-old “high school graduate bound for the University of Utrecht” will go instead. Oliver Daemen, enjoy the trip, we’re jealous. (Yes, Daemen’s parents are rich.)

TechCrunch Experts: Growth Marketing

TechCrunch wants you to recommend growth marketers who have expertise in SEO, social, content writing and more! If you’re a growth marketer, pass this survey along to your clients; we’d like to hear about why they loved working with you.

If you’re curious about how these surveys are shaping our coverage, check out this guest column on Extra Crunch by Mark Spera, “5 advanced-ish SEO tactics in 2021.”

Read More

TechCrunch Experts: Growth Marketing image

Image Credits: PM Images / 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

Daily Crunch - ZoomInfo announces plans to acquire sales intelligence tool Chorus.ai for $575M

Tuesday, July 13, 2021

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo Tuesday, July 13, 2021 • By Alex Wilhelm Hello and welcome to Daily Crunch for July 13, 2021. Have you gotten into the fake meat craze yet?

How Retail Zipline’s Series A pitch deck ticked every box for Emergence Capital

Tuesday, July 13, 2021

Extra Crunch Newsletter Extra Crunch logo Extra Crunch Roundup logo Tuesday, July 13, 2021 • By Walter Thompson and Annie Siebert Welcome to Extra Crunch Tuesday Image Credits: Retail Zipline On a

Daily Crunch - Flipkart raises $3.6 billion, setting another record for Indian startups

Monday, July 12, 2021

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo Monday, July 12, 2021 • By Alex Wilhelm Hello and welcome to Daily Crunch for July 12, 2021. You likely spent yesterday watching a football

Max Q - Virgin Galactic makes Branson's dreams come true

Monday, July 12, 2021

TechCrunch Newsletter TechCrunch logo Max Q logo Monday, July 12, 2021 • By Darrell Etherington Branson floats! Also another big space SPAC breaks cover. But we all know everyone was watching the

The Station - Rimac-Bugatti is born, Tesla releases FSD beta v9 and Ola raises $500M

Sunday, July 11, 2021

TechCrunch Newsletter TechCrunch logo The Transportation logo Sunday, July 11, 2021 • By Kirsten Korosec Hello and welcome to The Station, your central hub for all past, present and future means of

Is drawing a Red independent from an Ace?

Wednesday, July 28, 2021

Statistics, Probability Theory, InterviewQs Is drawing a Red independent from an Ace? Statistics Probability Theory Forward this email to a friend or colleague and challenge them to solve it. Hi, I

iPhone sales are up 50 percent year over year

Wednesday, July 28, 2021

Now available on your smart speaker and wherever you get your podcasts Apple Podcasts | Spotify | Google Play | iHeart Radio It's Wednesday, July 28, 2021. The curse of buying new tech at the wrong

Facebook's digital universe 🌎, Discord threads 🎮, water on Jupiter's moon 🌊

Wednesday, July 28, 2021

Facebook will create a product team to work on the metaverse. The team will be part of Facebook's Reality Labs. TLDR Daily Update 2021-07-28 Tomorrow: Hungry? - Lunch on us during the Digital

Great Resignation: Top reasons employees are quitting now

Wednesday, July 28, 2021

Microsoft warns of credential-stealing NTLM relay attacks; clean up your Gmail inbox with this mass delete trick Subscription | Read Online | Twitter Facebook LinkedIn Top Story of the Day July 27,

Element raises $30M to boost Matrix — The Insecurity Industry — and Mammals dream about the world they are about to experience before they are born

Tuesday, July 27, 2021

Issue #477 — Top 20 stories of July 28, 2021 Issue #477 — July 28, 2021 You receive this email because you are subscribed to Hacker News Digest. You can open it in the browser if you prefer. 1 Element

[PythonistaCafe] What makes PythonistaCafe different

Tuesday, July 27, 2021

Hey there, Mastering Python is *not* just about getting the books and courses to study—to be successful you also need a way to stay motivated and to grow your abilities in the long run. Many

Daily Crunch - No-code startup Bubble pops with $100 million Series A round

Tuesday, July 27, 2021

TechCrunch Newsletter TechCrunch logo The Daily Crunch logo Tuesday, July 27, 2021 • By Alex Wilhelm Hello and welcome to Daily Crunch for July 27, 2021. Today is a good day not only because the US

Lights, Camera, Blockbuster

Tuesday, July 27, 2021

Whether it's Iron Man, Star Wars, or Fight Club, the technical know-how for film creation is complex and fascinating. Read on to find out the unbelievable behind-the-scenes processes. Project

Python Collections, SciPy's New Build System, What To Know About the "operator" Module, and More

Tuesday, July 27, 2021

Python's `collections`: A Buffet of Specialized Data Types #483 – JULY 27, 2021 VIEW IN BROWSER The PyCoder's Weekly Logo Python's collections : A Buffet of Specialized Data Types Python

JSK Daily for Jul 27, 2021

Tuesday, July 27, 2021

JSK Daily for Jul 27, 2021 View this email in your browser A community curated daily e-mail of JavaScript news JavaScript Currying: A Comprehensive Guide Currying is an advanced technique of working