Tue.Sep 27, 2022

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Yeah, funding for creator-focused startups is drying up

TechCrunch

Services that help folks make, share and profit from creative works — Maven to Bounty to Substack to Patreon to Canva — have proliferated and grown in recent years. The rise of creator-focused startups was not an accident; instead, a secular trend of more accessible software for more diverse areas of creative work was met with a COVID-induced economic reshuffling and a gain in the amount of time the average person spent consuming in the ensuing quarters.

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Hugging Face and ServiceNow launch BigCode, a project to open source code-generating AI systems

TechCrunch

Code-generating systems like DeepMind’s AlphaCode, Amazon’s CodeWhisperer and OpenAI’s Codex, which powers GitHub’s Copilot service, provide a tantalizing look at what’s possible with AI today within the realm of computer programming. But so far, only a handful of such AI systems have been made freely available to the public and open sourced — reflecting the commercial incentives of the companies building them.

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Ghanaian agtech Farmerline raises $1.5M from Dutch investor Oikocredit

TechCrunch

Ghanaian agtech Farmerline has secured $1.5 million equity funding from Dutch impact investor Oikocredit in its second close of the pre-series A round. The new funding brings the total amount raised in the round to $14.4 million , including $6.4 debt funding. The funding comes at a time when Farmerline, which has operations across Ghana, is setting up shop in Ivory Coast as it continues its expansion across West Africa.

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Regate modernizes accounting and financial tools

TechCrunch

French startup Regate has raised a $20 million Series A funding round (€20 million) led by Valar Ventures. The company has built a modern software-as-a-service product that integrates directly with your existing accounting stack and connects with your corporate bank account. This way, you can automate and simplify some of your financial and accounting tasks without having to switch to a brand new accounting tool.

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Digitalization: 5 Tech Updates That Will Help You Survive The Recession & Thrive

Lack of digitalization decreases business competitiveness. To thrive, embracing modern solutions becomes essential. The approach to digitalization often aligns with a company's business model. This shift not only boosts productivity but also automates processes and improves security. The tech market offers a wealth of technologies tailored for management, planning, and forecasting, replacing outdated pen-and-paper methods.

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Productivity platform Loopin helps work teams wrangle meetings

TechCrunch

Meetings are essential to helping teams, especially remote or hybrid ones, stay in touch. But too many meetings can become unproductive, as shared information and action items get buried underneath all the other stuff workers have to do. Productivity platform Loopin wants to help by integrating with work apps and gathering information from across multiple meetings, making it easy to find and share.

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Daily Crunch: Cloudflare rolls out new mobile services to secure employees’ smartphones

TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Good morning, you crunchistas. We hope you’ve had a chill weekend. Or if it wasn’t chill, that it was wild for all the right reasons. YOLO and all that. Okay, on with the news! — Christine and Haje. The TechCrunch Top 3.

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Twitter’s first comms exec is building a comms network for execs

TechCrunch

The communications world is an enigma, and at times, feels counter to the job of a journalist. So to hear that there’s an effort to help more comms people trade notes, share stories and prepare curated responses, I have the selfish worry that we’ll have less vulnerability coming from founders and executives around the startup world. But, Sean Garrett , the first communications and marketing leader at Twitter, is trying to convince me otherwise.

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Papaya wants to help electrify last-mile logistics in Europe

TechCrunch

Internal combustion engines still rule the roost when it comes to powering automobiles, but there are signs that they’re trundling into oblivion, at least in some markets. The likes of Sweden , Denmark , and the U.K. are planning to ban sales of diesel and petrol cars by the end of the decade, while markets such as Australia and California are also making moves in that direction albeit at a slower pace.