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Hello and welcome to Daily Crunch for September 14, 2021. It was an Apple day on the internets, so we’ve all spent the afternoon making an attempt to determine if we’d like a brand new smartphone. Answer? Probably not, however that gained’t cease a very good portion of the TechCrunch crew from deploying recent Yahoo lucre into Cupertino’s market cap. We love these things.
On the TechCrunch entrance, Disrupt is in per week’s time. Your humble servant goes procuring later this afternoon in order that he can look barely much less matted. Jordan, in fact, will look good on the Disrupt Desk. See you there! — Alex
The TechCrunch Top 3
- Apple drops grip of recent {hardware}: Anytime Apple hosts an occasion, it’s like time stops within the know-how world. If that ought to nonetheless be the case is as much as you, nevertheless it stays truth. Here’s our rundown of iPhone information, Apple Watch information, iPad updates and a basic roundup in case you wish to go meta. Enjoy!
- Atlanta booming: TechCrunch continued its tour of U.S. cities at present after hitting up Chicago and Boston in latest weeks. This time, we dug into Atlanta’s booming startup scene, which is seeing report capital inflows. We talked to some founders and buyers to get the most recent. Don’t overlook that Atlanta simply produced a decacorn exit.
- And talking of decacorns, Canva simply raised $200 million at a $40 billion valuation. In proportion phrases, the Australian design software program firm managed to boost two payments for 0.5% of its fairness worth. A steal at twice the value. Why is Canva price a lot? Huge scale, as our notes relating to its income development illuminate.
Startups/VC
Before we dive into our normal rundown of startup information, TechCrunch did a dig into the worth of the myriad BNPL startups around the globe by way of the lens of some latest acquisitions. I wrote it. Read it if that’s your jam.
- In mild of the day’s Apple Fitness information, it issues that Tonal simply introduced reside lessons are coming to its service. Tonal competes within the hardware-and-software market towards Peloton and different gamers. Notably it’s the startups of the world which are fusing {hardware} and software program greater than Apple on this case, which is usually bundling providers into its present merchandise. Regardless, excellent news for you Tonal customers on the market.
- 1047 Games closes $100M: If you’re sizzling, Brian Heater writes, you’re sizzling. And 1047 video games with its hit title Splitgate is greater than heat. So sweltering that it simply closed a 3rd spherical since May. What’s Splitgate? An FPS that features portals. (Which frankly sounds superior.)
- Grammarly opens up for builders: Grammarly is nicely generally known as a product that people use to assist tighten up their writing. But what when you needed to bake Grammarly tech into your personal product? Well, now you’ll be able to. The firm simply introduced a developer product. The finance nerd in me wonders how profitable the brand new enterprise line will show, and if it’ll assist the corporate file its rattling S-1 already.
- EverAfter raises $13M, underscores that HRtech remains to be sizzling: Per our personal reporting, EverAfter has constructed a “no-code customer-facing tool that streamlines onboarding and retention.” That’s a bit like Sora, a startup that TechCrunch has additionally written about. A couple of rounds centered on the identical house is sign!
- Today’s Tiger spherical is Indonesian fintech Xendit: Xendit is now a unicorn due to a $150 million examine led by Tiger. At this level, we reckon that each time Tiger’s managing companions go to dinner they tip $150 million. It’s the one quantity that they know! Regardless, the Jakarta-based fintech with a funds focus has large enlargement plans that are actually nicely financed.
Is it so unhealthy to take cash from Chinese enterprise funds?
Are founders in fundraising mode short-sighted in terms of working with Chinese buyers?
Asia Business improvement supervisor for Runa Capital Denis Kalinin studied…
