Tuesday, October 10, 2023

Goodbye passwords, hello Google passkeys

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By Christine Hall

Tuesday, October 10, 2023

In today's top story, Google makes passkeys the default sign-in method for all users. Just don't misplace it.

Meanwhile, there are a lot of changes going on over at X, the company formerly known as Twitter. First, we hope you don't always want to comment because a new setting lets only verified accounts reply to a post. Second, your view of what's newsy may not match X's. There were some changes to its public interest policy to redefine "newsworthiness" of posts.

And Zest Equity, a UAE-based startup digitizing private market deals, raised $3.8 million in seed funding to provide a place to make all of those private market deals quicker. Read more.

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Image Credits: Martin Barth / EyeEm / Getty Images

More top reads

DNA in the wild: We hope you have that 12-character password at the ready. 23andMe resets user passwords after genetic data was posted online. More on that.

Alphabet soup: Tidalflow helps any software play nice with ChatGPT and other LLM ecosystems. Check it out.

PC shipments may be on a decline, but so is Apple: New numbers show that neither PCs nor Apple were immune to shipment decline in the third quarter. See for yourself.

Shine bright like a Firefly: We've got a trio of Adobe tidbits, starting with Adobe Firefly, which can now generate more realistic images and its generative AI models can create vector graphics in Illustrator. And finally Project Stardust is a sneak preview of Adobe’s next-generation AI photo editing engine.

It's like eight tools in one: SuperOps.ai streamlines the work of managed service providers. Here's how.

Here kitty, kitty: TabbyML, an open source challenger to GitHub Copilot, raises $3.2 million to help you write code. Read more.

A computer you can access from any device: Shadow launches Windows-based cloud PCs for $9.99 per month. Shadow computer, get it?

Now, that's a big seed round: Gutsy launches with a huge $51 million seed to bring process mining to security. Find out what that means.

A yarn of a funding tale: Thread (not Threads), a company developing a platform to autonomously inspect utility assets, raises $15 million. For those really tall jobs.

Ham, but made from plants: Heura hit store shelves with "York ham–style slices" that are 100% plant-based. Something to sink your teeth into.

For those of you looking for the 411 on SBF: Sam Bankman-Fried's trial is into its second week. Here's what we know so far. (TC+) And Alameda Research's ex-CEO Caroline Ellison testifies, claiming SBF directed her to commit crimes. Get the scoop.

More for your Tuesday:

Plenful raises $9M to automate healthcare workflows

For VCs in India, bank is the new hot investment

X competitor Bluesky adds email verification, flags misleading links in security-focused update

Canopy Servicing's $15.2M Series A1 shows fintech startups that raised in 2021 can still get money (TC+)

The Q3 venture capital market explained in five charts

The global venture capital market failed to turn the corner in the third quarter of 2023, instead racking up another quarter's worth of declines in most parts of the world.

The data, however, can become a little bit abstract in numerical form. So, today, the TechCrunch+ team has charted the most important venture capital data we've seen thus far to help you better understand where global startup investing really is today. See where deal count and deal activity were the best and worst.

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

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The Q3 venture capital market explained in five charts image

Image Credits: 3d_kot / Getty Images (Image has been modified)

On the pods

This week on Found, we’re joined by Giovanni Fili, the founder and CEO of Exeger, a startup that creates flexible solar cells that can create electric energy off of any light condition.

Fili talked about what it has been like devoting the last 15 years of his career to a company based on tech that hadn't previously been proven to work.

He also talked about running a deep tech company as a nontechnical founder and how he's built a capital-intensive startup off of relatively little funding. Listen here.

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On the pods image

Image Credits: Bryce Durbin

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Monday, October 9, 2023

Cultivated bluefin tuna startup Wanda Fish hooks a $7M seed round

TechCrunch Newsletter
TechCrunch logo
The Daily Crunch logo

By Christine Hall

Monday, October 09, 2023

Today's top two stories are funding rounds. Let's dive into the first one, which involves an Israeli startup (stay safe if you are in that region) developing cultivated bluefin tuna. Wanda Fish Technologies is swimming in the very early stages of the technology pool but is treading water successfully enough at this point to reel in $7 million in new venture capital to accelerate production. Get the scoop.

Meanwhile, as the world's population ages, the need for reliable and affordable caregiving will grow. Meet Lottie, a care home marketplace in the U.K. Accel led a $21 million investment into the company, which gathers data and cultivates an online list so people can find the best care homes and services for their needs. Read more.

And for all you gadget fans, here's your look at Meta Quest 3, which takes a step closer to mainstream AR/VR. Check it out.

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Image Credits: Velishchuk / Getty Images

More top reads

Keeping devices out of landfills: Singapore's tech subscription service Circular snagged $7.6 million in new funding as it develops a way for used high-end electronics to find new homes. Read more.

Better to have more than less: As it turns out, Mastodon actually has 407,000 more monthly users than it thought. Find out what moved the needle.

The reports have it: A new California law now mandates that VC firms release the diversity information of their investments. Here's how that came to be.

Not so fast: Spotify put some restrictions on its free tier in India to attract more paid users. Let's see if that strategy pays off.

Pull up a chair: Meet Canopy, a social app being built by a former TikTok employee for content creators to network and "spill the tea." Read more.

Investing between the coasts: Michigan's Grand Ventures closed on a second fund of $50 million for investment in early-stage companies. Find out who they invest in.

Going head-to-head with X: Instagram Threads is preparing a new feature called Trending Topics to compete more with the former Twitter. We spin some yarn about it.

These ships actually do sail themselves: Saronic, a defense startup building autonomous seagoing vessels, raises $55 million. See if this floats your boat.

Funding for female founders: ALIAVIA Ventures closed on its first fund to fight gender funding inequalities in the U.S. and Australia. Get in on the action.

Funding woes north of the border: Canadian startups had a tough third quarter, and AI's popularity isn't making a big difference. Here's why. (TC+)

Weekend warriors you may have missed:

Virgio's fast-fashion dream is over

To attend or not to attend: We asked 52 founders whether events are useful or a waste of time (TC+)

Zendesk emerges from last year's turbulence with strong outlook (TC+)

Brave lays off 9% of its workforce

How Nvidia became a major player in robotics

More top reads image

Image Credits: Circular

TC Opinion: Women and underrepresented founders aren't going to wait for the VC industry to transform itself

"Hiring a more diverse investment team and reducing discrepancies in evaluation processes that lead to overlooking women-led startups have proven to significantly reduce the bias in the way investors evaluate founding teams," writes Marta Zaccagnini, a senior manager at Village Capital in TC Opinion.

"I look forward to the day when the dial switches."

If you’d like to submit an opinion column to TechCrunch, please read our new editorial guidelines.

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TC Opinion: Women and underrepresented founders aren't going to wait for the VC industry to transform itself image

Image Credits: Klaus Vedfelt / Getty Images

Canadian startups had a tough Q3, and AI's popularity isn't making a big difference

It’s not just the U.S. that’s experiencing a downturn in tech investment. In today’s edition of The Exchange, Anna Heim reviewed information from startup data platform Tracxn and found that Canadian startups received 57% less funding in Q3 2023 than in Q2.

“It's also 84% less than Canada's record fundraising quarter, Q2 2021, when startups collectively raised $5.12 billion," she writes.

TechCrunch+ is our membership program that helps founders and startup teams get ahead of the pack. You can sign up here. Use code "DC" for a 15% discount on an annual subscription.

Read More

Canadian startups had a tough Q3, and AI's popularity isn't making a big difference image

Image Credits: Getty Images

On the pods

Equity is kicking off the week with an update on global stocks, AI and startup news around the world. Alex discusses China’s move to bolster its national computing and data infrastructure; Anthropic helping us understand more about LLMs; and raises from Wanda Fish Technologies and Lottie. Listen here.

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On the pods image

Image Credits: Bryce Durbin

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Newest Jobs from Crunchboard

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