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Singapore-based retail analytics firm Trax raises $640M Sequence E led by SoftBank Imaginative and prescient Fund 2 and BlackRock – TechCrunch

Trax’s co-founders, Joel Bar-El (left) and Dror Feldheim (proper), and Trax’s CEO, Justin Behar (heart)

COVID-19 pressured many retailers and types to undertake new applied sciences. Retail analytics unicorn Trax expects that this openness to tech innovation will proceed even after the pandemic. The Singapore-based firm introduced right now that it has raised $640 million in Sequence E funding to develop its merchandise, which mix laptop imaginative and prescient and cloud-based software program to assist brick-and-mortar shops handle their stock, merchandising and operations. The spherical included major and secondary capital, and was led by SoftBank Imaginative and prescient Fund 2 and returning investor BlackRock. Different individuals included new traders OMERS and Sony Innovation Fund by IGV.

Earlier than this spherical, Trax had raised $360 million in major funds. J.P. Morgan acted as a placement agent to Trax on its Sequence E, which brings its whole funding to date to $1.02

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Sonos delivers a near-perfect moveable speaker with the brand new Sonos Roam – TechCrunch

Sonos has a brand new speaker that begins transport later this month, and it’s a big departure from the corporate’s common choices in various methods. The all-new Sonos Roam is a compact, moveable speaker with a built-in battery and Bluetooth connectivity — however nonetheless very a lot a Sonos system workforce participant, with wifi streaming, multi-room characteristic, voice assistant help and surprisingly nice sound high quality.

The fundamentals

Priced at $179, the Sonos Roam is actually diminutive, at simply over 6 inches, by roughly 2.5 inches for each peak and depth. It weighs underneath a pound, and is out there in both a matte white or black end, which is par for the course for Sonos when it comes to colorways. Roam can be IP67-rated, that means it’s successfully waterproof, with a resistance ranking of as much as half-hour at depths of as much as 1 meter (3.3 toes).


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India’s Swiggy nears $5 billion valuation in new $800 million fundraise – TechCrunch

Swiggy has raised about $800 million in a brand new financing spherical, the Indian meals supply startup instructed staff on Monday, because it appears to develop its enterprise within the nation quarters after the startup reduce its workforce to navigate the pandemic.

In an e mail to staff, first reported by Occasions of India journalist Digbijay Mishra, Swiggy co-founder and chief govt Sriharsha Majety stated the startup had raised about $800 million from new traders together with Falcon Edge Capital, Goldman Sachs, Assume Capital, Amansa Capital, and Carmignac, and current traders Prosus Ventures and Accel.

“This fundraise offers us much more firepower than the deliberate investments for our present enterprise traces. Given our unfettered ambition although, we are going to proceed to seed/experiment new choices for the longer term that could be prepared for funding later. We are going to simply have to now relentlessly invent and execute over the

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Nonobvious acquisitions are on my 2021 bingo board – TechCrunch

On the finish of 2020, I argued that edtech must assume greater so as to keep related after the pandemic. I urged founders to assume much less about bundle and unbundle lecture expertise, and extra about substitute outdated techniques and strategies with new, tech-powered options. In different phrases, don’t merely put partaking content material on a display, however innovate on what that display seems to be like, tracks and presents.

A couple of months into 2021, the exit atmosphere in edtech…feels prefer it’s doing precisely that. The identical startups that hit billion and multi-billion valuations throughout the pandemic are scooping up new expertise to broaden their service choices.

Ruben Harris, the founding father of Profession Karma, a platform that matches aspiring coding professionals to bootcamps, put collectively a large report lately together with his group to speak in regards to the pandemic’s affect on the bootcamp market.

James Gallagher,

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Apple Arcade expands with basic video games – TechCrunch

Apple provides basic titles to Apple Arcade, Microsoft experiences an outage and Coinbase goes public. That is your Each day Crunch for April 2, 2021.

The large story: Apple Arcade expands with basic video games

Till now, Apple’s sport subscription service was restricted to unique new titles, however immediately it’s introducing two new classes: App Retailer Greats (common iPhone video games like Monument Valley+, Fruit Ninja Basic+, Lower the Rope Remastered and Badland+) and Timeless Classics (board video games and puzzle video games, comparable to Backgammon+ and Chess Play and Study+).

This can be a main enlargement to the Apple Arcade again catalog, however it’s not merely a matter of placing beforehand free video games behind a paywall. The Arcade variations of those titles will probably be ad-free and with out in-app purchases — you’re by no means paying something past the $4.99 month-to-month subscription payment. Additionally, a few of

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Don’t miss the Pitch Off at present at TC Early Stage 2021 – TechCrunch

Ten world startups, three rounds of pitching, 9 professional judges. It’s not the 12 Days of Startups (no robotic partridge in a pear tree right here), it’s the TC Early Stage Pitch Off — in any other case often known as day two of TC Early Stage 2021: Operations & Fundraising.

Yesterday on day one, TC Early Stage was all about invaluable how-tos. Right now, it strikes right into a full day of motion. TechCrunch vetted a whole bunch of functions to pitch at Early Stage 2021. Now it’s lastly time for the epic battle, as these 10 distinctive startups throw down their greatest pitch — streamed stay to a worldwide viewers together with traders, press and tech trade leaders.

Every startup will get 5 minutes to pitch adopted by a Q&A with their judges. The motion kicks off at 9am PT with 5 startups taking part in spherical one

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