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Day by day Crunch: Right here’s what occurred at Apple’s digital 2021 fall occasion – TechCrunch

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Howdy and welcome to Day by day 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 want a brand new smartphone. Reply? Most likely not, however that received’t cease a great 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 a 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 brilliant on the Disrupt Desk. See you there! — Alex

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The TechCrunch High 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, however it stays reality. Right here’s our rundown of iPhone news, Apple Watch news, iPad updates and a general roundup in case you wish to go meta. Get pleasure from!
  • Atlanta booming: TechCrunch continued its tour of U.S. cities immediately after hitting up Chicago and Boston in latest weeks. This time, we dug into Atlanta’s booming startup scene, which is seeing document capital inflows. We talked to some founders and buyers to get the most recent. Don’t overlook that Atlanta just produced a decacorn exit.
  • And talking of decacorns, Canva just raised $200 million at a $40 billion valuation. In share 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? Enormous scale, as our notes relating to its income development illuminate.

Read more about Apple's Fall 2021 Event on TechCrunch

Startups/VC

Earlier than we dive into our ordinary rundown of startup information, TechCrunch did a dig into the value of the myriad BNPL startups world wide by way of the lens of some latest acquisitions. I wrote it. Learn it if that’s your jam.

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  • In mild of the day’s Apple Health information, it issues that Tonal just announced live classes 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 can be fusing {hardware} and software program greater than Apple on this case, which is usually bundling companies into its current merchandise. Regardless, excellent news for you Tonal customers on the market.
  • 1047 Games closes $100M: If you’re scorching, Brian Heater writes, you might be scorching. And 1047 video games with its hit title Splitgate is greater than heat. So sweltering that it simply closed a 3rd spherical since Could. What’s Splitgate? An FPS that features portals. (Which frankly sounds superior.)
  • Grammarly opens up for developers: Grammarly is nicely often called a product that people use to assist tighten up their writing. However what for those who needed to bake Grammarly tech into your individual product? Properly, now you’ll be able to. The corporate 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 is still hot: Per our personal reporting, EverAfter has constructed a “no-code customer-facing instrument that streamlines onboarding and retention.” That’s a bit like Sora, a startup that TechCrunch has additionally written about. Just a few rounds targeted on the identical area is sign!
  • Today’s Tiger round 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 massive enlargement plans that are actually nicely financed.

Is it so unhealthy to take cash from Chinese language enterprise funds?

Are founders in fundraising mode short-sighted in the case of working with Chinese language buyers?

Asia Enterprise improvement supervisor for Runa Capital Denis Kalinin studied knowledge from iTjuzi, a database of Chinese language enterprise capitalists and located:

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 … Chinese language funds invested round $250 billion in 2020 (thrice larger than the determine reported in Crunchbase). This determine places Chinese language VC investments solely 30% decrease than investments by U.S. funds, however thrice that of U.Okay. funds and 12.5 occasions greater than German funds.

The pandemic, geopolitical tensions and different elements led many Chinese language enterprise funds to scale back their worldwide investments, however that’s largely “as a result of throughout COVID, China’s financial system recovered a lot sooner than different nations,” writes Kalinin.

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His evaluation covers a number of angles: Chinese language investments in Europe are catching up with these in Asia and the US, half of China’s high cross-border buyers are CVCs, and buyers are notably interested by fintech, deep tech and digital well being in the intervening time.

“Chinese language buyers can convey worth to overseas startups, however you must examine their experience and the way it may be helpful for you.”

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(Further Crunch is our membership program, which helps founders and startup groups get forward. You can sign up here.)

Huge Tech Inc.

Earlier than we get into the nitty-gritty of Huge Tech information, an replace from the U.S. authorities: “Biden’s new FTC nominee is a digital privacy advocate critical of Big Tech,” it seems. That issues.

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  • LinkedIn pledges $25M to creators: In case your LinkedIn feed was missing in pizazz, the Microsoft subsidiary has plans to bolster your content material inflow. A $25 million “Creator Accelerator Program” has been established to encourage extra, nicely, creation. Additionally LinkedIn is moving into dwell audio.
  • 51 more Starlink satellites take flight: We’re together with this information merchandise in Day by day Crunch immediately in case you might be additionally contemplating a transfer to rural Montana however want to remain employed.
  • Spaceflight looks to fly to the moon: Elon’s area firm is just not the one participant seeking to get people off the plant. Spaceflight will “shuttle clients on a lunar flyby mission subsequent 12 months,” which is greater than neat. How a lot for a ticket?

TechCrunch Consultants: Progress Advertising and marketing

Illustration montage based on education and knowledge in blue

Picture Credit: SEAN GLADWELL (opens in a new window) / Getty Photos

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We’re reaching out to startup founders to inform us who they flip to when they need probably the most up-to-date development advertising and marketing practices. Fill out the survey here.

Learn one of many testimonials we’ve acquired beneath!

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Marketer: Andrew Race, Juice

Really helpful by: Orin Singh, Merchant Industry

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Testimonial: “We had been referred to Juice by a household good friend of my firm’s proprietor, and as a private courtesy, they stated they had been giving us their greatest man. Naturally, we thought that’s what everybody says, however they weren’t kidding. Andrew was singularly leagues above our earlier advertising and marketing firm. Having somebody so educated and keen to study a brand new business proved to be the turning level for us.”

Group

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Picture Credit: Primary Books

From deliberate Twitter Areas to impromptu chats with the Equity crew, the TechCrunch workforce is consistently on Twitter. Tomorrow, Wednesday, September 15 at 2 p.m. PDT/5 p.m. EDT, the Disrupt Battlefield judges might be speaking on Twitter Areas. On Thursday, September 16, at 3 p.m. PDT/6 p.m. EDT, Danny Crichton might be joined by Martin Ford, writer of “Rule of the Robots: How Artificial Intelligence Will Transform Everything.” Be sure you’re following the TechCrunch Twitter account to remain updated with our information and occasions.

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