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Nice to meet you, dear readers.As Haje When Christine Like I told you last week, this week’s Daily Crunch looks a little different. But even in this week when the news is usually slow, we can still get some tidbits about TC. We’re also sharing some of our favorite stories from TC and TC+ this year, so let’s get started! Not Christine or Haje
TechCrunch Top 3
- 2023 will be the year when electric vehicles start to take off: “I would say that the EV industry has started to take shape, fueled by government policy initiatives and billions of dollars of investment from automakers.” Rebecca writing.
- There will be no ‘next Twitter’, he says: Devin writes that it’s perfectly fine that there is no replacement for Twitter, which some of us have struggled to know. Twitter was more than just a product. It was, like the raw element, an unsophisticated manifestation of digital functionality that was destroyed as often as it was created. It was necessary and interesting, but these messy pleasures have a messy end. Learning a superficial lesson and now recreating it is like rebuilding a fallen castle on the same moving sand. Watch it sink! ”
- “It’s all in the (missing) details”: Zach When curlyour friendly neighborhood cybersecurity reporter looked back at the year’s most badly-handled data breaches.
Startups and VC
- in the wind turbine: needle Aerones, a robotics startup that cleans and inspects wind turbines, has raised $39 million in funding from an undisclosed investor.
- multifaceted fintech: Jakarta-based Akulaku has raised $200 million. The fintech, which also operates in the Philippines and Malaysia, offers a virtual credit card and installment shopping platform, an investment platform and a neobank. Catherine writing.
- view of money: Indian fintech Money View has raised $75 million in a new round to expand its credit business and build more products. mannish writing.
High-growth startups should start de-risking their IPO path now
It may sound counterintuitive, but in this ruthless funding environment, late-stage startups should consider going public.
“Some companies are delaying their IPOs, while others can catch up and be ready for when the public markets want to invest again,” said COO and commercial insurance broker. Founder Shield co-founder Carl Niedbala writes:
In an in-depth TC+ article, he explains why “sensible companies are risk-averse on the public road”, which sectors are most well-positioned and perhaps most noteworthy, and which benchmarks I’m looking to see if it indicates “there is an IPO in the future.”
Two more, let’s look back.
- 6 climate tech trends: More investors are trying to get into the climate-related tech space. Tim report.
- FOMO for due diligence: Several investors talk about how their due diligence and investment practices suffered a bit this year, and how they can learn from their biggest mistakes. Dominic Madrid When Ron Please have more
- look back: Karan Bhasin We cover what 10 investors thought about no-code/low-code startups in the first quarter of this year. We plan to conduct a new no-code/low-code survey in Q1 2023. If you are an investor interested in this area and would like to participate, please contact us here.
TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!
Big Tech Co., Ltd.
- struggling in india: Amazon and Uber are among the many companies named by research firm Fairwork India that create unfair working conditions for gig workers. mannish There are more.
- balance: If what you’re looking for is a report on how you interact with your computer, Balance has your back, and if that’s what you want in the new year, it might help you work on healthy computing habits . Ivan writing.
- The future of AI: Kyle We also put on our prediction hat over the weekend to let you know what to expect on the AI frontier in 2023.