China criticizes India for ‘frequent investigations’ of local Chinese firms – Nob6

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Greetings on this wonderful Thursday. We’re nonetheless reeling about Elon Musk and the twins. Connie has extra on that. Amanda additionally coated the decision within the case towards Theranos’ Sunny Balwani. In the meantime, if you’re a startup founder, don’t overlook to use to be part of the Startup Battlefield 200. The submission date is July 31. See you tomorrow!  — Christine

The Nob6 High 3

• Extra to the story: Manish is again with extra data on the Vivo saga. Now China’s embassy in India is saying that each one of those investigations that India is doing into Chinese language companies are dangerous for enterprise. Maybe, or possibly it’s India being cautious.
• Degree up your avatar: Reddit is getting deeper into the NFT recreation by launching a brand new avatar market, Ivan writes. The benefits? You don’t want a crypto pockets to purchase one, and you should use it on or off Reddit.
• Try that valuation: YuLife pumped up its valuation to $800 million after securing $120 million in new funding, Ingrid studies. The life insurance coverage firm, which has a wellness and gamification focus, was beforehand valued at $70 million. Speak about your good enterprise fashions!

Startups and VC

Over on this part, Mary Ann has yet one more replace on the saga she has been following this 12 months, particularly Higher.com. In immediately’s episode, she writes about the entire new hires who’ve joined the digital mortgage lender over the previous few months, one which even referred to as it a “rebirth.”

What number of apps do you utilize at your organization? If it’s the common, that’s about 110, in keeping with statistics. Happeo raised $26 million to create an intranet portal in your firm to attach workers with the entire apps, Kyle writes. That ought to make you cheerful, er Happeo.

Right here’s what else we’ve for you:

• Bill this: Mary Ann additionally wrote about bill software program startup Adaptive’s $6.5 million increase, led by Andreessen Horowitz, which paradoxically included three firms that each one compete with each other.
• One other one will get the horn: Tebra, an working system for unbiased healthcare suppliers, is now a unicorn after taking in over $72 million in fairness and debt, Catherine writes. 
• Tebra, Traba; Traba, Tebra: If the Nice Resignation taught us something, it’s that individuals are searching for versatile choices, even entry-level ones. Kyle studies on Traba’s $20 million increase to match contractors with warehouse and success jobs.
• No enterprise capital apocalypse but: I loved Alex’s have a look at how the U.S. was faring throughout the world enterprise capital market slowdown.
• From beds to insurance coverage: Jordan’s report on insurance coverage startup Ranger’s $5.25 million spherical solutions the query of what former Casper CEO Philip Krim has been doing since he left the mattress firm.
• Tremendous progress from superplants: Please take pleasure in my story on Fyto, a {hardware} and software program firm serving to farmers develop aquatic crops utilizing robotic automation.
• Who’s calling who a “dinosaur”?: Mike studies that Headline VC could have been within the enterprise capital recreation since 1999, however armed with $950 million in new commitments throughout three funds, it’s nonetheless proving it’s extra just like the Energizer Bunny than a fossil.

Roe reversal weighs closely on rising tech cities in pink states

Picture Credit: venimo / Getty Pictures

On June 24, Khadijah Robinson deliberate to supply a lady a job. As founding father of the Atlanta-based tech startup Nile, she spent 3 years scaling the platform, which connects customers to Black on-line companies. That Friday, she was thrilled to lastly discover somebody prepared to relocate from California to Georgia to assist develop the corporate.

However by early afternoon, the provide was on maintain: The U.S. Supreme Court docket had overturned Roe v. Wade only a few hours earlier than, and that frightened Robinson. “As a founder and CEO, I now must assume lengthy and laborious about asking ladies to relocate to a state that may possible legislate towards them very quickly,” she tweeted. “I’m so drained.”

(Nob6+ is our membership program, which helps founders and startup groups get forward. You possibly can join right here.)

Large Tech Inc.

In immediately’s Large Tech information, Meta took a brand new step in transferring away from Fb logins as its metaverse ID system, Lucas studies. One of many benefits will not be needing Fb credentials to play video games and to make use of the Quest software program. Talking of Quest, Amanda provides you a have a look at Meta’s subsequent VR headset. In the meantime, Natasha supplies an replace on Eire’s Information Safety Fee drafting a choice associated to Meta’s information switch between the U.Okay. and the U.S.

Aisha’s story about Twitter beginning the testing of “CoTweets,” which can allow customers to co-author tweets, has me eager about the hijinks Haje and I might get into.

As you’ll be able to inform, we wish to observe a very good saga right here at Nob6, and Annie delivers one other one, offering us with an replace on Flutterwave. The corporate is now denying the claims made towards it for cash laundering and fraud.

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