Meet Nickson, the furniture-as-a-service startup that Barack Obama’s ex-financial adviser just backed

Ever toured an apartment and fell in love with the model unit? You’re not alone. Harvard Business School grad Cameron Johnson is a former institutional real estate investor and Greystar exec turned startup founder who realized that very often, “renters would try to rent the model apartment.” This g…

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Walmart is acquiring Memomi, an AR startup powering virtual try-on for eyewear

Walmart is expanding its array of virtual try-on services for shoppers with today’s news that it’s planning to acquire Memomi, an AR optical tech company and current Walmart partner offering virtual try-on experience for eyewear. Deal terms were not disclosed, but Memomi has enabled dig…

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Venture studio Adanian Labs fuels startup growth in Africa

The venture studio targets to help build 300 next-generation startups over the next five years.

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Apple Podcasts Subscriptions go live worldwide

Apple Podcasts Subscriptions are now live across more than 170 countries and regions, Apple announced this morning. First unveiled this spring, subscriptions allow listeners to unlock additional benefits for their favorite podcasts, including things like ad-free listening, early access to new episo…

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Cruise secures $5B credit line to buy electric, autonomous Cruise Origin vehicles from GM

Cruise, the self-driving subsidiary of GM, has tapped a $5 billion line of credit from the automaker’s financial arm to pay for hundreds of purpose-built electric and autonomous Origin vehicles as they start to roll off the assembly line. The access to the credit provided by GM Financial will…

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Apple AirTags UX teardown: The trade-off between privacy and user experience

Apple’s AirTags have been out for more than a month. Now that they've been out getting lost in the wild, we sent our resident UX analyst to do just that.

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To win post-pandemic, startups need remote-first growth teams

Growth marketer and investor Susan Su says that after the pandemic, startup founders will need to develop a mentality that places growth at the center of company strategy.

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BMW and Ford-backed Solid Power will go public via SPAC merger in $1.2B deal

Solid Power, a solid-state battery developer backed by Ford and BMW, is going public. The company said Tuesday it would head to the NASDAQ via a merger with special purpose acquisition company Decarbonization Plus Acquisition Corp III at a post-deal implied market valuation of $1.2 billion. The tra…

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Daily Crunch: In $1.2B deal, EV battery maker Solid Power files to go public

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

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Biden elevates tech antitrust crusader Lina Khan to FTC chair

The Senate confirmed Big Tech critic and prominent antitrust scholar Lina Khan as FTC Commissioner Tuesday. In a strong and surprising signal that the tech industry is overdue for some intense regulatory scrutiny, Biden elevated the newly-confirmed Khan to chair the agency the same day. Khan was co…

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Google announces EPYC-based Tau virtual machines for Cloud

Google this morning announced the launch of Tau, a new family of virtual machines built on AMD’s third-gen EPYC processor. According to the company, the new x86-compatible system offers a 42% price-performance boost over standard VMs. Google notably first started utilizing AMD EPYC processors for C…

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