Hi there and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast the place we unpack the numbers behind the headlines.
That is Fairness Monday, our weekly kickoff that tracks the most recent non-public market information, talks in regards to the coming week, digs into some latest funding rounds and mulls over a bigger theme or narrative from the non-public markets. You may comply with the present on Twitter here and myself here — and remember to try last week’s main ep that dug into Robinhood, Miami, and a number of different matters.
This morning we had a pile of reports to get via. Right here’s the rundown:
- Pony.ai raised another $100 million, which underscores our rising thesis that there isn’t any sum of money but that may produce the tech required for self-driving automobiles to work. Maybe we are going to get there, however it’ll value a reasonably penny or two.
- Sticking to automobiles, the Apple-Kia tieup is kaput, which we must always have recognized the second it grew to become recognized. Apple beforehand purchased startup Drive.ai again in 2019, after all.
- Vroom, a 2020 IPO, purchased a Tremendous Bowl advert. Who would have anticipated that? Its shares are up, nonetheless, after the advert.
- Nonetheless on the automotive beat, Tesla bought $1.50 billion in bitcoin, and should settle for the stuff as tender to purchase its autos sooner or later. The transfer despatched the worth of bitcoin greater.
- Clubhouse got banned in China.
- Phable raised $12 million, Nexthink raised $180 million, and Bumble is concentrating on the next share value in its impending IPO.
- And we could have found out the ∆ between what traders are saying in regards to the Seed market, and what knowledge has largely mentioned.