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A decade ago, SumUp was one of the army of fintechs that made names for themselves with dongles that turned basic smartphones into card payment terminals. Today, the London-based company has expanded into a wider range of business services that are used by some 4 million small and medium businesses…

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AlphaSense, an analysis and business intel search engine, finds $225M at a $1.7B valuation

Google showed the way when it came to the world understanding and valuing the importance of a good search engine to unlock all the information you could find on the internet. The next iteration of that has been vertical search: providing tools to delve into very specific information silos for parti…

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Revel founder Frank Reig a year later on driving EV adoption in big cities

"We literally have millions of vehicles that need to transition to electric, and there’s really no charging in sight, which is where our strategy comes into play."

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Porsche joins $400M bet on lithium-silicon batteries to juice up future EVs

The German automaker is upping its bet on electric vehicles, in part via a hefty investment in lithium-silicon battery developer Group14 Technologies.

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Wagestream, a financial super app for waged workers, raises $175M, passes 1M users and doubles down on the U.S.

Front-line workers and those paid in hourly wages rather than salaries have become a prime target in the world of business IT, with a wave of apps helping them find jobs, do their jobs, communicate with each other better. In the latest development, a UK startup building what it describes as a finan…

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Daily Crunch: Beating ‘other takeover bidders,’ Bosch acquires autonomous driving startup Five.ai

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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BlackRock, Fidelity and others to invest $400M in USDC stablecoin issuer Circle

Circle, a crypto-focused financial technology firm, has entered an agreement for a $400 million funding round, the company announced. It is expected to close in the second quarter of 2022. Investors in the round include BlackRock, Fidelity Management and Research, Marshall Wace and Fin Capital. In …

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Volocopter raises $170M, now valued at $1.87B, to fuel the first commercial launches of its flying taxi fleet

Volocopter, the startup out of southern Germany (Bruchsal) that has been developing electric VTOL (vertical take-off and landing) aircraft and a business model for operating them in taxi-style fleets in urban areas, has picked up another big round of funding as it inches closer to its first commerc…

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AnyRoad helps brands measure customer experiences

Brands don’t often know everyone who is attending their big events, which leads to limited return on investment and actionable insights. AnyRoad provides that insight.

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Snapchat officially introduces its paid subscription at $3.99 per month

Snapchat officially launched its paid subscription plan called Snapchat+ today that will offer exclusive features like the ability to change the app icon and being able to see which people have rewatched your Stories. Earlier this month, the firm confirmed that it’s testing this feature witho…

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Hyundai reveals the IONIQ 6 EV sedan, the eagerly-anticipated follow-up to its IONIQ 5

Hyundai previewed the IONIQ 6 sedan Wednesday, the heavily-anticipated followup to the brand’s popular first battery-electric model, the IONIQ 5 SUV. The automaker won’t announce details such as the IONIQ 6’s price range, and production run size until the vehicle’s world pre…

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