To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3pm PST, subscribe here.
Hello crunchy cruncher! Even if he’s lazy and he hasn’t bought a Disrupt ticket yet, that’s great. But here’s a hot tip: This is the last chance for super early bird tickets, so you might get on it sooner or later! — Christine and Haje
TechCrunch Top 3
- All Roads Lead to Acquisitions: mannish after Japan’s Geniee acquired AdPushup operator Zelto for $70 million, wrote: He called the deal an “astonishing turnaround” for Zelto, who has seen several near-death experiences in his 10-year history, including issues with cash flow and his Product/Market Fit.
- sweet (southern) carolina, bup, bup, bup: VW-backed Scout Motors plans to build a $2 billion plant in South Carolina to produce an all-electric vehicle. Tim Stevens There are more.
- fine: mannish It also wrote that India’s central bank has fined Amazon’s payments division more than $370,000, alleging that Amazon has not complied with certain Know Your Customer guidelines.
Startups and VC
While most established auto players call their shots from sprawling corporate palaces, Scout bases much of its operations, at least for now, out of WeWork near Washington, DC. Tim Stevens report. Scout Motors’ location of operations will eventually be “fixed” near his $2 billion plant in South Carolina, announced Friday. Bringing rugged retro credibility to the EV era.
In addition, there are five
To fix the climate, these 10 investors are betting their homes on the ocean
Image credit: Liang Wendong/VCG (opens in new window) / Getty Images
Harnessing the ocean for energy has caused disasters like the Deepwater Horizon oil spill in 2010, which spilled about 5 million barrels of oil into the Gulf of Mexico. Wind power and wave action are now just two of his technologies leading investors to take a closer look. In Ocean Conservation Technology, Tim De Chant reports. To learn more about the opportunities they are pursuing and discover how climate change is shaping their investment themes, he conducted the following research.
- Daniela V. Fernandez, Founder and CEO of Sustainable Ocean Alliance, Managing Partner of Seabird Ventures
- Bold Ocean Ventures General Partner Tim Agnew
- Builders Initiative, Program Director (Ocean), Peter Bryant
- Kate Danaher, Managing Director (Sea & Seafood), S2G Ventures
- Francis O’Sullivan, Managing Director (Marine and Seafood), S2G Ventures
- Stephan Feilhauer, Managing Director (Clean Energy), S2G Ventures
- Sanjeev Krishnan, Senior Managing Director and Chief Investment Officer at S2G Ventures, said:
- Rita Sousa, Partner, Faber Ventures
- Christian Lim, Managing Director, SWEN Blue Ocean Partners
- Reece Pacheco, partner, propeller
Three more from the TC+ team:
TechCrunch+ is a membership program that keeps founders and startup teams a step ahead. You can sign up hereUse code ‘DC’ and get 15% off your annual subscription!
Big Tech Co., Ltd.
It was only a matter of time before another company tried to imitate what Instacart was doing. Uber today. Rebecca It writes Uber Comes to Instacart Several updates have been made to the Shop and Pay feature that was released a year ago, allowing delivery workers to shop for groceries and other retailers for their customers before delivering orders to their door. You can choose to receive a ride from “Basically, this is her Uber trying to follow her Instacart model, which is working well for current grocery delivery companies,” she reports.
Self-driving truck company Embark Trucks, which went public in 2021, is currently laying off about 230 workers under investigation Liquidation of self-driving truck assets, Kirsten report.
And now there are six more for your Friday: