FEMA tests the national emergency alert system for the first time since the start of the pandemic – TechCrunch
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Hello and welcome to Daily Crunch for August 11, 2021. If you’re a Twitter user, today turned out to be a day of division, thanks to a few design changes. We also have hardware news, mobility news, some very careful fundraising and even startup media news. It’s a great day for a roundup. Also, if you are in the United States, you may have noticed a FEMA missive today. FEMA is the United States’ Federal Emergency Management Agency, and it just launched a test of its Emergency Alert System, or EAS. Since the world seems to be constantly on fire, sick or under water, now is the right time for such an endeavor.
Before we continue, Disrupt is home to some of the coolest founders in health tech, and we’ll have some pretty cool breakout sessions to boot. Disrupt will switch. – Alexis
The Top 3 TechCrunch
- Twitter’s overhaul is turning heads: That Twitter is in the midst of something resembling a product renaissance is well known, with the social media provider working on a plethora of projects at once. Hell, Twitter even works on TweetDeck. Today, however, Twitter stirred the pot with a web and mobile overhaul that included a new font. How awful ! No, but really people are crazy.
- Here’s everything Samsung announced today: As expected, Samsung hosted a hardware event today. What did the hardware giant show? The Galaxy Watch 4, Galaxy Z Fold 3 (the foldable smartphone case), Galaxy Z Flip 2 (a smaller foldable smartphone) and new headphones. If you’re not in the iOS ecosystem, this is for you.
- China’s regulatory overhaul is not hurting venture capital investment. Still. After the Chinese government launched a sweeping crackdown on a host of domestic industries it found to be too powerful, too unregulated, or too monopolistic, the impact of the changes on startups and venture capital has been questioned. open. Q1 data indicates that things haven’t changed too much, Again. But with the potential suspension of Chinese transactions by SoftBank, larger start-up investments could suffer.
Startups / VC
Before we get into our usual roundup of the latest and greatest fundraising rounds in the world of venture capital and high growth startups, two product-related notes.
First of all, Airtable just bought something! Yes, Pneumatic table, the estimated $ 5.8 billion spreadsheet of the future is doing business. Well, one. The company bought Bayes, what TechCrunch called an “early stage visualization startup” that also features no-code focus. If you like Airtable, this could be great news.
Second, Way once again shakes up its economic model. Still. Yes, once again. This time, the company changes its partnership program. Now writers on Medium can manage their own subscriptions, grabbing half of long-term income net of fees. It seems a bit substack-y, but not in a bad way. Despite Medium’s inability to decide what it is, I still have modest hopes for the company thanks to my job of being paid to make words appear on the internet.
Now, a few rounds of funding for your enjoyment!
- $ 40 million for construction-focused computer vision: This is the title of Doxel’s latest cycle, led by Insight Partners. Series B brings the company’s total raised capital to just over $ 56 million. Doxel uses computer vision to track the progress of construction sites. It’s a neat model and, according to the company, it still has its full A-Series in the bank thanks to a “growth and reservations pull” of enough size to be “neutral in terms of the flow of money.” cash flow ”since its last increase. Why would Doxel get up if he didn’t need the money? Because he could inflate his accounts to a new higher price involving minimal dilution. And you always want to increase when you don’t need it. It’s a lot cheaper than waiting for a money squeeze.
- Cart.com raises $ 98 million: Does the name Cart.com sound familiar to you? It’s possible. Why? Because the Houston-based e-commerce tooling company has raised three times this year. You might remember the other two times it put capital on its balance sheet in 2021. The company has now raised $ 143 million in total.
- Everstage Raises $ 1.7 Million For Sales Commissions Software: The old adage of bootstrap create software to replace manual spreadsheet processes is alive and well, it turns out. Everstage wants to take sales commissions, today “calculated on spreadsheets by financial teams” which offer limited visibility to salespeople, and turn them into very transparent software. Salespeople will dig into this, given the complexity of commissions and their importance to sales totals.
- To finish, Pave raises $ 16 million to help companies “assess, plan and communicate compensation to their employees”. Just as sales commissions can be Gordian, employee compensation is a thorny issue. Pave wants to provide more data to companies so they can make better and hopefully fairer compensation decisions and generally improve the lives of employees. We dig that.
The gray revolution: fundraising in the elderly space
Although the elderly are one of the fastest growing demographics, they are quite underserved when it comes to mainstream technology.
The global population of people over 65 will reach 1.5 billion by 2050, and members of this cohort – who lead longer working lives – have money to spend.
Yet most startups persist in launching products aimed at serving young users, says Lawrence Kosick, co-founder of GetSetUp, a computer technology company that targets more than 50 learners.
“If you can provide a valuable and scalable service to the senior market, there are many opportunities to drive growth through partnerships. “
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Big Tech Inc.
Okay listen, the state-owned tech companies were more than busy today. So, we’re going to be brief so that we can cram as much news in here as possible:
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