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Google will offer G Suite legacy edition users a ‘no-cost option’ – TechCrunch

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Hello and welcome to Daily Crunch for January 28, 2022! It’s practically blizzard o’clock the place I’m, so please take pleasure in the next e-newsletter as my ultimate missive earlier than hunkering down. In happier and higher information, TechCrunch Early Stage is coming up in just a few months and never solely am I hype about it, I’ll hopefully be there IRL. See you quickly! – Alex

The TechCrunch Top 3

  • Google invests up to $1B in Airtel: With a $700 million funding and $300 million in “multi-year commercial agreements” with Airtel, and Indian telco, Google has made its second main wager on Indian infra. Recall that Google additionally put cash into Jio, one other Indian telco. The deal underscores the significance of the nation in the way forward for expertise revenues.
  • What’s ahead for Europe: On the heels of stories that European startups had an outsized 2021 when it got here to fundraising, TechCrunch explored what’s forward for the continent. Some count on a slowdown from peak exercise, whereas others anticipate additional acceleration. Regardless of which perspective you like, European enterprise funding is predicted to stay elevated for a while to come back.
  • Zapp raises $200M: And talking of European startups, Zapp, the U.Ok.-based quick-convenience supply startup, simply raised a large Series B. The firm beforehand raised $100 million, which means that this spherical was huge in absolute and comparative phrases. As we see some consolidation within the fast-delivery area, this deal caught our eye.

Startups/VC

  • Are charter cities the future for African tech growth? TechCrunch’s Tage Kene-Okafor has a nice piece up on the location noting that “African cities have the fastest global urban growth rate,” which is resulting in overcrowding. Some people suppose that “charter cities offer a solution.” Special financial zones of every type have been tried earlier than – will they offer African tech a quicker route ahead?
  • Personalized learning is hot: Our in-house edtech knowledgeable Natasah Mascarenhas has a nice piece out at this time on personalised studying startups – Learnfully, Wayfinder, Empowerly, and others – which can be taking the teachings of distant education to coronary heart and dealing to make merchandise that work higher for our children. It’s an encouraging, fascinating story.
  • Rise wants to remake team calendaring: There isn’t any scarcity of apps out there to assist people and groups work collectively. But we would not want as many as we’ve. That’s why Rise is making me suppose. The workforce calendaring app simply raised a few million, and will exchange a few instruments that myself and associates use. I ponder if the answer to the Tool Overload of 2022 is instruments that do much less, deliberately.
  • Canvas wants non-tech folks to be able to squeeze answers from data: Developers are briefly provide, so no-code instruments that enable people who don’t sling code to do their very own constructing are blowing up. Similarly, a common dearth of knowledge science expertise out there is creating area for instruments like Canvas, which “is going all in with a spreadsheet-like interface for non-technical teams to access the information they need without bothering data teams,” TechCrunch stories.
  • Zigbang buys Samsung IoT business: The IoT guarantees of yesteryear are coming true, and never. Samsara recently went public on the again of its IoT enterprise. That was a win for the class. That Zigbang, a South Korean proptech startup, is shopping for Samsung’s IoT unit feels barely much less bullish.
  • Series F-tw? Once upon a time I might have mocked a Series F as indication that the corporate in query had did not go public. But that was then. Today Series Fs aren’t that uncommon. Indian B2B market Moglix simply raised one, which doubled its valuation to $2.6 billion. Tiger co-led the $250 million spherical.

And in case you are wanting down the barrel of a blizzard, TechCrunch’s Equity podcast has your downtime covered. Enjoy!

European, North American edtech startups see funding triple in 2021

Open laptop and book on a desk, edtech

Image Credits: Bet_Noire (opens in a new window) / Getty Images

Pre-pandemic, VCs have been notoriously reluctant to put money into education-related firms. Today, edtech startups are seeing greater common deal sizes, extra seed and pre-seed funding from non-VC traders, and an inflow of generalists.

According to Rhys Spence, head of analysis at Brighteye Ventures, funding for edtech startups based mostly in Europe and North America trebled over the past 12 months.

“Exciting companies are spawning across geographies and verticals, and even generalist investors are building conviction that the sector is capable of producing the same kind of outsized returns generated in fintech, healthtech and other sectors,” writes Spence.

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

Big Tech Inc.

  • Northern Light Venture Capital’s He Huang says the Chinese robotics market is overheated: Per the investor, robotics in China is “riddled with speculation and overvalued companies,” calling the scenario a bubble. It’s price noting that China’s central authorities is working to retool the place its tech funding {dollars} circulation.
  • Robinhood goes down, back up: This morning, within the wake of the corporate’s lackluster earnings report, TechCrunch dug by way of why Robinhood’s inventory offered off in after-hours, pre-market, and early buying and selling classes yesterday and at this time. And then Robinhood circled and gained ample floor throughout the remainder of the day. It’s a bizarre market second, however excellent news for the U.S. fintech all the identical.
  • Google to allow legacy G Suite users to move to free accounts: After angering techies nonetheless utilizing the “G Suite legacy free edition” by saying that it was ending the program and requiring payment, the search large has determined to ”offer extra choices to present users,” TechCrunch stories. Somewhere within Google, a enterprise determination simply met the market and was flipped on its head. Makes you surprise who is asking the pictures over there, and in the event that they beforehand labored for McKinsey.

TechCrunch Experts

dc experts

Image Credits: SEAN GLADWELL / Getty Images

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