Everyday Crunch: Spotify and Ford construct acquisitions


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Welcome aid to the Everyday Crunch for Friday, June 18. Congratulations! You’ve made it to the tip of the week without Alexander, who will return vivid-eyed on Monday.

TechCrunch has the day off for Juneteenth, so this may per chance increasingly perhaps per chance be a tad pared down. And by “a tad pared down” I mean a lot pared down.

To initiate off, how about you may per chance well per chance want a eavesdrop on the most standard episode of our award-winning podcast, Equity. Natasha and Danny managed to possess the half of hour even sans Alex, so are trying it out.

TechCrunch Top 3

Speaking of podcasts, Spotify announced it bought Podz, a podcast discovery app. With an increasing selection of podcasts taking medications in diversified categories, it’s getting more challenging and more challenging to decide ones you love, let alone glean them. Spotify is hoping this may per chance increasingly perhaps per chance aid shore up its platform by providing short clips that it sounds as if give you enough details to subscribe, or no longer, and take away the utilization of the platform for your podcast listening functions.

Portray Credit score: TechCrunch

Ford is taking part in its EV 2d. The company factual announced its E-Transit cargo van and F-150 Lightning Pro. The automaker has added to its EV trusty with the acquisition of Electriphi, a battery management and snappy monitoring application startup.

And talking of fleets! Gopuff, an on-place a question to items, food and alcohol shipping provider, bought rideOS, a handy guide a rough-management platform. The $115 million acquisition ought to tranquil aid the corporate with its plans to construct higher into New York.

Startups and VC

Indian fintech startup BharatPe is in developed phases of talks to develop about $250 million in a brand fresh financing round led by Tiger World. The Sequence E round affords the agency a pre-cash valuation of $2.5 billion. The round hasn’t closed, so phrases may per chance well per chance trade, sources cautioned.

Extra snappy action is afoot! KeepTruckin, a hardware and application developer that helps trucking fleets address automobile, cargo and driver safety, raised $190 million in a Sequence E round. The company, now valued at over $2 billion, hopes to make investments the dough into its AI-powered products (GPS tracking, ELD compliance and dispatch and workflow) and pork up its natty dashcam, which it claims true away detects unsafe utilizing behaviors fancy cell cell phone distraction and close following and indicators drivers in valid time.

Mediflash is a brand fresh French startup that desires to pork up temp staffing in healthcare providers, reminiscent of nursing homes, clinics and mental properly being providers. The company acts as a market that connects properly being providers with caregivers who, it says, can seek details from extra earnings — as a lot as 20% — while providers cease up paying less.

Mountainous Tech Inc.

The London-basically based Centre for Economic Policy Examine organized a few panel discussions to peep the need for markets-targeted opponents watchdogs and particular person-centric privateness regulators to mediate outside their respective “appropriate silos” and glean creative methods to work together to tackle the tactic back of Mountainous Tech market power. Be taught analysis by Natasha Lomas about the conversations, which brought together key regulatory leaders from Europe and the U.S. She says the discussions offered a see into what the long term shape of digital markets oversight may per chance well per chance explore fancy at a time when unique blood has factual been injected to chair the FTC.

The U.K.’s chief recordsdata safety regulator has warned over reckless and imperfect use of stay facial recognition in public places. The details commissioner, Elizabeth Denham, indispensable that a collection of investigations already undertaken by her assert of job into deliberate applications of the tech possess realized considerations in all cases.

Revisiting EC-1s

Since it’s an off day for us right here, now’s a most attention-grabbing time so that you just can accumulate up on the EC-1s we possess revealed as a lot as now this year. Win about a buckets of popcorn and your beverage of different and decide into some weekend finding out.


Tonal is a particular entrant in the upscale properly being market, the utilization of a proprietary mix of hardware, application and stammer material to bring complete power coaching to the house in as shrimp and efficient of a kit as doubtless. (Written by JP Mangalindan)


StockX sits at the nexus of two radical transitions that isn’t factual redefining markets, nonetheless our tradition as properly. StockX’s on-line-only market is feeble for buying and promoting sneakers, streetwear, electronics, collectibles, purses and watches which are basically sneaker and streetwear tradition-adjoining. Now valued at $2.8 billion, StockX has facilitated over 10 million transactions. (Written by Rae Witte)


Klaviyo helps entrepreneurs personalize and automate their e-mail messaging to customers. It may per chance well perhaps per chance no longer be a household title to customers (a minimal of, no longer yet), nonetheless in some methods, this startup has change into the conventional all the tactic in which by which e-mail entrepreneurs are judged at present time, triangulating in opposition to veterans Mailchimp and Fixed Contact and utilizing the e-commerce wave to fresh heights. (Written by Chris Morrison)


Duolingo is a language-finding out app that’s feeble by 500 million other folks at some point soon of the enviornment to be taught Spanish, English, French and further, all while producing bookings of $190 million in 2020. It’s a smashing success, nonetheless a success that change into as soon as exhausting earned after a years-long effort of product and earnings experimentation to search out its most standard enviornment of interest in the edtech intention. (Written by Natasha Mascarenhas)


If expense management is ready avoiding company plunder, then letting the pirates and hackers hotfoot the ship may per chance well per chance very properly be the ideal approach. And now, Expensify is plundering the corporate mumble world one disappear designate and industrial meal at a time factual as the enviornment is rebuilding in the wake of COVID-19. (Written by Anna Heim)


Brazil’s banking machine is an enormous market, and one sick-served by incumbents. If someone may per chance well per chance thread the needle of product boost, approach and political horse buying and selling required to originate a bank in a nation the save it’s a ways kind of no longer doubtless for foreigners to have or make investments in a bank, it can be one in every of the mountainous startup and financial success stories of this century. Nubank is on its approach to realizing that intention. (Written by Marcella McCarthy)