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The funding landscape in Southeast Asia is still wintery, but one fintech managed to land a major round. Kredivo Holdings, which offers credit services to underbanked consumers in Indonesia and Vietnam, has raised $270 million in what it says was an oversubscribed Series D. The round was led by Japanese bank Mizuho Bank, a subsidiary […] Southeast Asian credit fintech Kredivo scores $270M Series D by Catherine Shu originally published on TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: GitHub CEO says new code completion tool ‘brings the fun back to programming’ by Christine Hall originally published on TechCrunch

Microsoft Loop, a Notion-like hub for managing tasks and projects that sync across Microsoft 365 apps and services, launched in public preview today. Loop is available to users with a Microsoft Account or Azure Active Directory account. A companion app for iOS and Android is set to arrive soon; Microsoft didn’t provide firm timing. Unveiled […] Microsoft launches Loop, its Notion competitor, in public preview by Kyle Wiggers originally published on TechCrunch

We really need to be on the ground to interview our ideal users in the U.S. What visas will allow us to do that? Ask Sophie: Which visas will allow us to expand our startup in the US? by Jenna Routenberg originally published on TechCrunch

Consumer demand for AI chatbot experiences has been funneling millions of dollars into mobile apps advertising their association with ChatGPT or OpenAI technologies. According to a new analysis of the AI app ecosystem from analytics provider data.ai, consumers this year have now spent over $14 million in the 10 highest-earning apps that advertise their use […] The top 10 AI mobile apps have already pulled in over $14 million this year by Sarah Perez originally published on TechCrunch

This means that Good Meat’s cultivated chicken was accepted as a product safe for humans to eat.  Cultivated meat is closer to our plate now that Good Meat also gets FDA blessing by Christine Hall originally published on TechCrunch

Over his two decades of experience in the tech industry, CodiumAI co-founder and CEO Itmar Friedman has personally experienced the pain of building test suites to check his code logic. He found that while there are tools to check for code security and performance, there has been a dearth of code logic checkers. He launched […] CodiumAI is using generative AI to help developers build code logic tests automatically by Ron Miller originally published on TechCrunch

Developers building front-end Jamstack web applications often struggle to build identity with traditional API tools. With the approach growing in popularity, the founders of Clerk decided to focus their startup on building a simplified identity tool purpose-built for React applications. The company announced a $15 million Series A led by Madrona today. Colin Sidoti, who […] Clerk is simplifying identity for front-end web developers by Ron Miller originally published on TechCrunch

If you plan to launch a new startup in France, Denmark or Sweden, there is a new seed fund looking for your pitch. Emblem is announcing today that it has raised nearly $54 million (€50 million) for a new European seed fund. And this is only the first close — the firm expects to raise […] Emblem is the latest European seed fund in new wave of VC funds by Romain Dillet originally published on TechCrunch

Kakao Mobility, the ride-hailing subsidiary of South Korean messaging and internet giant Kakao, has made its first acquisition as it looks to raise its international profile. It has acquired Splyt, a startup out of London that works with apps in areas like travel, ride-hailing and finance to help them build out “super app” strategies by […] Kakao Mobility picks up ‘super app’ startup Splyt, once backed by SoftBank and Grab by Kate Park originally published on TechCrunch

After 25 years of extremely detailed reviews of digital cameras and accessories, the irreplaceable DPReview is being shut down by Amazon as the company proceeds with a new round of layoffs. DPReview was founded in 1998 in England, and bought by Amazon in 2010, which relocated the team to Seattle to be closer to its […] Amazon kills DPReview, the best camera review site on the web by Devin Coldewey originally published on TechCrunch

The bottom line? In 2023, SaaS is still open for business, it’s just going to take longer to buy and sell. SaaS is still open for business, but it’s going to take longer to buy and sell by Walter Thompson originally published on TechCrunch

At its annual GPU Technology Conference, Nvidia announced a set of cloud services designed to help businesses build and run generative AI models trained on custom data and created for “domain-specific tasks,” like writing ad copy. Under the brand Nvidia AI Foundations, each individual cloud service — Nvidia NeMo for language models and Nvidia Picasso […] Nvidia launches new cloud services and partnerships to train generative AI by Kyle Wiggers originally published on TechCrunch

Ahead of his testimony before Congress on Thursday, TikTok CEO Shou Zi Chew announced in a TikTok video that the video app now has more than 150 million users in the US — up from 100 million in 2020. He also mentioned that TikTok hosts to more than 5 million businesses in the country. Amid […] TikTok CEO takes to the app to announce company’s more than 150M active users in the U.S. by Ivan Mehta originally published on TechCrunch

Maxwell Lu, formerly a product engineer at Salesforce and the head of revenue operations at a previous startup, found himself frustrated by the task of re-listening to sales calls to write up notes and fill out entries in customer relationship management (CRM) software. Searching for a better way, he decided to build tech that could […] Pilot AI taps algorithms to extract info from sales calls by Kyle Wiggers originally published on TechCrunch

Amid the declining smartphone market, premium devices are having their moment. These pricy devices made up more than half of the worldwide smartphone market’s revenue, according to a report from Counterpoint. The analytics company’s report says that premium devices (with a wholesale value of $600 or more) grew by 1% year-on-year in terms of shipment […] Consumers are splurging on premium smartphones amid tough economic conditions, report says by Ivan Mehta originally published on TechCrunch

Mecanizou provides auto parts and the price following input of a car's basic information. Mechanics can purchase the parts in one click and receive the parts in one hour. Mecanizou, now with $14.5M, plans to expand auto parts marketplace in São Paulo by Christine Hall originally published on TechCrunch

Organizations dealing with large amounts of data often struggle to ensure that data remains high-quality. According to a survey from Great Expectations, which creates open source tools for data testing, 77% of companies have data quality issues and 91% believe that it’s impacting their performance. In light of that, unsurprisingly, business has been quite healthy […] Sifflet raises cash to expand its data observability platform by Kyle Wiggers originally published on TechCrunch

After months of regulatory delays, Apple users in South Korea finally saw the launch of Apple Pay today. As with other markets, Apple’s wallet and payment service in Korea will work across iPhone, Apple Watch, iPad and Mac.  “Apple Pay is available from today in South Korea,” Duncan Olby, who is leading Apple Pay, Wallet […] Apple Pay is now available in South Korea by Kate Park originally published on TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: Amazon CEO says laying off 9,000 more workers ‘is best for the company long-term’ by Christine Hall originally published on TechCrunch

While trying to gain traction, most of your time and attention should be focused on imitating successful marketing tactics. When it comes to early-stage growth marketing, it’s often better to imitate than innovate by Walter Thompson originally published on TechCrunch

Somewhere along the way, ProMat turned into a robotics show. It’s no surprise, of course. Logistics and automation go hand in hand these days. In the decade since Amazon absorbed Kiva, same- and next-day delivery have become an industry standard. Retailers who can’t match those once impossible speeds are destined to fall behind — and […] Pickle launches its truck unloading robot arm by Brian Heater originally published on TechCrunch

Aembit, a Maryland-based security startup that focuses on helping DevOps and security teams manage how federated workloads talk to each other, is officially launching its service today and announcing a $16.6 million seed funding round from Ballistic Ventures and Ten Elven Ventures. In essence, Aembit’s workload identity and access management service applies industry knowledge, from […] Aembit raises $16.6M to bring identity management to workloads by Frederic Lardinois originally published on TechCrunch

Twitter appears to be testing a new verification process for Twitter Blue subscribers that would involve submitting a government ID. Code-level insights reveal a process for submitting a photo of the user’s ID, both front and back, along with a selfie photo to verify their Twitter account. The feature is listed alongside others only available […] Twitter testing government ID-based verification, new screenshots show by Sarah Perez originally published on TechCrunch

Netflix has announced that it has 40 games slated for launch this year and has 70 in development with its partners. The company also has 16 games currently being developed by its in-house game studios. Netflix launched games in November 2021 and has released 55 titles since then. The streaming service says it’s committed to […] Netflix plans to release 40 more games this year, will add Monument Valley in 2024 by Aisha Malik originally published on TechCrunch

Reebelo has added embedded financial services, including a buyback program and device upgrade options, while its warranty program, ReebeloCare, grew 330% year over year. Consumer electronics reseller Reebelo adds to Series A as it lays down roots in US by Christine Hall originally published on TechCrunch

Can an algorithm predict whether a startup will successfully exit? PitchBook believes so. The venture capital and private equity database today launched VC Exit Predictor, a tool trained on PitchBook data to attempt to suss out a startup’s growth prospects. Given the name of a VC-backed company, VC Exit Predictor generates a score on the […] PitchBook’s new tool uses AI to predict which startups will successfully exit by Kyle Wiggers originally published on TechCrunch

Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Maybe it’s the fact that “Succession” is back next week, or maybe it’s the fact that Silicon Valley just experienced its first banking crisis, but […] Let’s talk about succession plans  by Natasha Mascarenhas originally published on TechCrunch

When Porsche partnered with venture studio Up.Labs, the mission was to create six startups over three years all designed to solve the German automaker’s biggest problems and be compelling enough as a standalone business it that can attract other customers. On Porsche’s list: software that helps manage and automate the performance of EVs. Pull Systems, […] Pull Systems launches out of Up.Labs-Porsche partnership to tackle EV performance by Kirsten Korosec originally published on TechCrunch

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package. Daily Crunch: With just $2.2B in remaining liquidity, SVB’s parent company files for bankruptcy by Christine Hall originally published on TechCrunch