To get a roundup of robotechcompany.com’s largest and most necessary tales delivered to your inbox daily at 3 p.m. PDT, subscribe right here.
Greetings, readers. As Haje and Christine instructed you final week, this week’s Day by day Crunch will look a bit totally different, given they’re each taking a while off. However you’ll nonetheless get some TC tidbits throughout this sometimes gradual information week. I’ll even be sharing a few of our favourite tales of the yr from TC and TC+, so let’s get going! — Neither Christine nor Haje
The robotechcompany.com High 3
- 2023 would be the yr electrical autos actually begin to take form: “Pushed by coverage initiatives from governments and billions of {dollars} in funding from automakers, we are able to safely say the EV trade has begun to take form,” Rebecca writes.
- No “Subsequent Twitter,” he says: Devin writes that it’s completely okay for there to not be a alternative for the Twitter that a few of us have come to know and battle with: “The illusory alternative of speeding to The Subsequent Twitter have to be rejected. Twitter was greater than a product: it was a second in time, an unrefined manifestation of digital functionality that, like every such uncooked component, destroyed as usually because it created. It was essential and attention-grabbing, however these messy delights have messy ends. To recreate it now, with solely superficial classes discovered, can be like rebuilding a fallen fortress on the identical shifting sands. Watch it sink!”
- “It’s all within the (lack of) particulars”: Zack and Carly, our pleasant neighborhood cybersecurity reporters, took a glance again on the most badly dealt with knowledge breaches of the yr.
Startups and VC
- Within the wind turbine: Harri writes that robotics startup Aerones, which scrubs and inspects wind generators, raised $39 million in funding from undisclosed traders.
- Multifaceted fintech: Jakarta-based Akulaku raised $200 million. The fintech, which operates within the Philippines and Malaysia as effectively, gives a digital bank card and installment buying platform, in addition to an funding platform and neobank, Catherine writes.
- A view of cash: Indian fintech Cash View raised $75 million in a brand new spherical to scale its credit score enterprise and construct extra merchandise, Manish writes.
Excessive-growth startups ought to begin de-risking their path to IPO now
Picture Credit: Richard Drury (opens in a brand new window) / Getty Photographs
It sounds counterintuitive, however on this chilly fundraising surroundings, late-stage startups want to contemplate going public.
“Whereas some corporations delay their IPOs, others can play catch-up and put together for the time when the open market itches to speculate once more,” writes Carl Niedbala, COO and co-founder of economic insurance coverage dealer Founder Defend.
In an in depth TC+ article, he appears to be like at why “wise corporations are de-risking their public path,” which sectors are finest positioned, and maybe most notable, which benchmarks point out “that an IPO is of their future.”
Two extra and a glance again:
- Six local weather tech tendencies: Extra traders need to get into the local weather tech house, and we’ve some concepts about the place they’ll put their cash, Tim reviews.
- FOMO over due diligence: A couple of traders speak about how due diligence and investing practices suffered a bit this yr and the way we are able to study from the largest errors. Dominic-Madori and Ron have extra.
- Have a look again: Karan Bhasin covers what 10 traders considered no-code/low-code startups within the first quarter of this yr. We’ll be operating a recent no-code/low-code survey in Q1 2023, so if you happen to’re an investor with an curiosity within the house and need to take part, attain out to us right here.
robotechcompany.com+ is our membership program that helps founders and startup groups get forward of the pack. You possibly can join right here. Use code “DC” for a 15% low cost on an annual subscription!
Massive Tech, Inc.
- Struggling in India: Amazon and Uber had been amongst quite a lot of corporations cited by analysis agency Fairwork India that create unfair working circumstances for gig employees. Manish has extra.
- Steadiness out: If what you’re in search of is a report about the way you work together along with your pc, Steadiness has your again and would possibly even enable you work on some wholesome computing habits if that’s what you’re after within the New 12 months, Ivan writes.
- What’s coming for AI: Kyle additionally placed on his prediction hat over the weekend to allow us to all know what we are able to count on on the AI entrance in 2023.
