Hello and welcome to Daily Crunch on November 24, 2021! A quick note: This newsletter is closed tomorrow but will be back on Friday with a special holiday edition. In short, we take advantage of a little free time to recharge our batteries. Full service return on Monday!
Top 3 TechCrunch
In Answers, An AI Boom: Continuing on TechCrunch’s coverage of the rapid-fire AI fundraising market, we explored Canada’s artificial intelligence startup industry. You think a lot is going on in the North. See this as further proof of the rapidly growing global startup landscape.
France is preparing to write off Wish: Like an American non-profit newsroom, France tries to test their concerns about the Wish e-commerce market by buying products and examining what they found. decided to. A bunch of violations, it turns out. France is now asking the US public company to be removed from the list by search engines and app stores.
Attio Attacks Salesforce: While startups are busy attacking multiple markets, some areas of the software sector have felt pretty inhospitable in recent years. For example, research is finally seeing a wave of competitors. Attio, now with $7.7 million in capital, is tackling the old-fashioned CRM market.
Startups / VC
Asilimia wants to bring more loans to Kenya: The business of lending money to people backed by the traditional banking world is big business. Asilmia just raised $2 million – half debt, half equity – to keep money flowing in its home market. As TechCrunch reports, the company is also offering “a lifeline for merchants in Kenya by enabling them to conduct mobile money transactions without transfer fees through its Leza app.”
OnePipe raises $3.5 million for its API fintech business: Plaid is a big deal in its home market, but that doesn’t mean there aren’t related startups doing similar things around the world. OnePipe is one such company that is bringing fintech infrastructure APIs to Africa. And now he has a bunch of new funds to continue his work.
OK *NOW* The used car market is out of control: If you read business news, you’ve heard of the used car market.
The lack of chips has made older cars more expensive than ever. And now Indian startup Spinny has ventured into unicorn land with a fresh $280 million round. There are related companies in the US market that have gone public, so Spiny operates in a market that we understand. Let’s see how its economy prospers.
Clothes for a Darker Future: If you want a jacket for big storms and a fleece for extreme conditions—bet that climate change is going to make our home planet a little less pleasant to live in—Wolleback has your back. The startup recently launched a Series A, perhaps, we’re guessing, in the hopes of keeping up with Allbirds and other recent DTC debuts in the public markets.
Today, in the name of startups, we’re not sure about that: I’ve never been too eager to call meat fat “marbled”—to me, marble is the stuff of old-world erotic sculptures. I blame my parents’ love for art and art museums for this approach. Somehow, there’s a startup called Juicy Marbles that’s hoping to make “plant-based whole cuts of meat.” I support the company’s product and goals. But juicy stone? There, I’m less confident.
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