Daily Crunch: Copenhagen-based Leapwork lands $62M Series B co-led by KKR and Salesforce Ventures – TechCrunch


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‘Ello and welcome to Every day Crunch for August 26, 2021. Or as somebody known as it lately, Friday Jr. We now have heaps and plenty of information at present, with a slight bias towards large objects from Large Tech firms. However first, do be aware that we’re going to spend loads of time speaking fintech at Disrupt this 12 months, and TechCrunch simply introduced that Techstars’ Saba Karim is coming. It’s going to be nice! — Alex

The TechCrunch Prime 3

  • Airbnb expands who can assist host Afghan refugees: Wish to assist with Airbnb’s push to accommodate refugees fleeing Afghanistan? The corporate introduced at present that it’ll enable anybody to assist, not merely current hosts. Hopefully this expands the pool of housing inventory obtainable and will get extra people housed. We’re all human, so let’s assist each other.
  • Apple’s fee rigidity fades additional: Apple’s hard-line 30% fee is softening but once more, with the corporate planning to supply decrease take charges for information purchases, no less than for publishers who participate within the Apple Information app. So it’s excellent news, with a robust arm-twist to associate with it. Why is Apple combating so onerous to proceed rent-seeking within the cellular financial system? As a result of it’s profitable as heck, that’s why.
  • Main tech firms pledge large {dollars} for cybersecurity: U.S. tech giants Apple, Google and Microsoft are pledging to work on cybersecurity with additional fervor, they mentioned in a White Home assembly. Microsoft is pledging to spend $20 billion on the trouble, and Google $10 billion. Apple has promised to “set up a brand new program to drive steady safety enhancements all through the expertise provide chain,” TechCrunch writes. All that is excellent news, however we do marvel how a lot of the pledged spending was already penciled into future budgets.

Startups/VC

The opposite day we famous that our personal Brian Heater was launching a e-newsletter. He nonetheless is, and certainly one of its pre-launch entries at present sports activities a headline that I can not enhance upon: “I don’t know what to do with these tossed salads and robotic legs.” Heater will get 100 factors for getting that previous the editors. You possibly can join the robotic e-newsletter right here.

  • Otter.ai expands transcription capabilities: If you want to document a dialog and transcribe it, Otter is a good device to make use of. I do know that as a result of I’m an Otter buyer — with my very own cash — and rely upon it closely. Its information at present is that the service is rolling out its “Otter Assistant characteristic for Microsoft Groups, Google Meet and Cisco Webex,” after beforehand launching assist for Zoom.
  • Compa raises $3.9M to construct higher job provide software program: Hiring is a ache within the bottom, and in at present’s superheated expertise marketplace for various startup-friendly gigs, it’s much more irksome. To fight these information, Compa has constructed software program to assist recruiters of their work by serving to them “handle their compensation methods to create and talk affords which are simple to grasp and are unbiased.” The startup simply got here out of stealth.
  • Playbook desires to construct the Dropbox for designers: Sure, in years previous Dropbox was the Dropbox for designers, however at present it’s an enterprise storage and productiveness device. So now there’s Playbook, which desires to imagine Dropbox’s previous mantle. And it simply raised $Four million in a spherical led by Founders Fund.
  • Picsart raises $130M: At present’s SoftBank and/or Tiger spherical is Picsart, for whom the Imaginative and prescient Fund 2 simply led a $130 million transaction. Particulars had been gentle, however the firm is now a unicorn that crested the $100 million income mark. So in case you had been curious if mobile-first creator instruments might scale, properly, they’ll.
  • Atheneum raises $150M for its analysis and survey product: Once I first noticed this information I used to be very excited. As a result of I dwell close to a personal library known as the Athenæum. Nonetheless, this isn’t that, and so my native temple to books didn’t simply elevate $150 million. A startup with the title did, nonetheless, and the client base for its analysis and survey service is already 500 large firms deep.
  • Leapwork proves that no-code continues to be scorching by elevating $62M Collection B: Based mostly in Denmark, and elevating that nation’s largest-ever Collection B, Leapwork is making waves with its no-code device that helps with course of automation. I suppose on the union of two scorching developments it isn’t a shock that the corporate is doing properly — course of automation is booming, and everybody is brief on builders.
  • Lastly, current TechCrunch rent Kate Park is out at present with a chunk digging into AI voice and artificial speech startup LOVO, which simply put collectively a $4.5 million spherical. Maybe it might probably fill in for TechCrunchers on our podcasts when we’ve colds.

You possibly can’t hack your YC software, however right here’s what to keep away from

Neglect what you’ve heard: There are numerous shortcuts to success.

Tapping into another person’s expertise is a tried-and-true methodology, which is why two-time Y Combinator participant Chris Morton wrote a visitor submit for Additional Crunch with recommendation for founders hoping to be accepted by the famed accelerator.

Morton, who has additionally reviewed 1000’s of YC purposes, shares his ideas on when to submit an software, what to do in case you miss the deadline and whether or not you’ll have to relocate if accepted.

“Do not forget that your software needs to be ok to get an interview, not win a prize,” says Morton. “Return to work as an alternative of spending extra time perfecting an software.”

(Additional Crunch is our membership program, which helps founders and startup groups get forward. You possibly can join right here.)

Large Tech Inc.

To shut out our information roundup at present, a wall of Large Tech information to your diversion:

  • Google kills Streams, its clinician assist app: Google is superb at making issues and even higher at killing them. If Google was a novelist, it could self-kill so many darlings that it could solely produce novellas. Regardless, that Streams is lifeless will not be an enormous shock, however for some probably an actual bummer.
  • Need some Netflix video games? Transfer to Poland: Netflix is moving into video games, which isn’t an enormous shock provided that video games are a much bigger enterprise than films, to select an instance. However not everybody goes to get their arms on its cellular titles without delay. Poland is up first. That’s not stunning so far as market choice goes, given the recognition of video video games in Europe and the cheap measurement of the Polish market.
  • Fb considers launching an election coverage resolution board group oversight Entmoot coven factor: In additional proof that Fb could also be barely too giant an organization to suit into the fashionable world as a single entity, and that perhaps single-human, full shareholder management ought to go the way in which of monarchy, the social big is “trying to create a standalone advisory committee for election-related coverage selections.” Does that encourage confidence? You inform me.
  • Lordstown will get new CEO: It is a onerous, high-profile gig, so it will need to have been one thing of an journey to fill. Nonetheless, troubled public EV firm Lordstown has secured new management that TechCrunch stories is “Daniel A. Ninivaggi, a longtime automotive government and former head of Carl C. Icahn’s holding firm.” Let’s see if he can flip the corporate round.
  • Wrapping up, if you’re a paid YouTube subscriber, right here’s some excellent news.

TechCrunch Specialists: Progress Advertising and marketing

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TechCrunch desires you to advocate progress entrepreneurs who’ve experience in search engine optimization, social, content material writing and extra! When you’re a progress marketer, go this survey alongside to your purchasers; we’d like to listen to about why they cherished working with you.

When you’re interested by how these surveys are shaping our protection, take a look at this interview Anna Heim performed with Robert Katai: “Romanian advertising and marketing professional Robert Katai explains the best way to get probably the most out of your content material.”





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