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Hello and welcome to the Daily Crunch on September 30, 2021. It’s the last day of the third quarter! Yes, that means earnings season is coming, with a whole bunch of venture capital data – more on that in a moment – but more importantly, how the Damn is this Q4? Already?

On the TechCrunch side, the cheap tickets for our Sessions: SaaS event are going to be phased out soon. So capture them if you come. I host and even do a panel or two. We’ll see each other there! – Alexis

The Top 3 TechCrunch

  • Facebook does its own research: The only way to get Facebook to post data and research regarding its own platform that hasn’t been filtered by its PR Leviathan is to scare it off. then Facebook may release it, but with a huge dose of its own effect. This is, of course, precisely the kind of transparency for which the social giant is famous and discussed in the Senate today.
  • The Indian startup market is on track for an astounding third quarter: A first look at India’s burgeoning venture capital market indicates that the country could set new records in the third quarter. The India-China rivalry that we see in so many spheres now also has a starting angle. We have even more about India in our inception notes!
  • Alloy raises $ 100 million for anti-fraud work: While we often write about fintech startups that feature consumers as a customer base, not all fintech startups want to sell to you or me. Alloy is an example of a B2B fintech startup focused on automating “identity integration decisions” and “transaction monitoring,” reports TechCrunch. The company is now worth $ 1.35 billion.

Startups / VC

Before you start, TechCrunch Brian heating gets 47 points for this title.

As promised above, let’s start our kickoff work with two stories from India:

  • Ola Electric raises $ 200 million: The Bangalore-based startup, which builds electric scooters, is part of the larger Ola Empire, a huge startup in the Indian market that provides ridesharing services in the country. Ola’s electrical business is now worth $ 3 billion, up from $ 1 billion two years ago.
  • And speaking of Indian startups now worth $ 3 billion, Tiger invests in OfBusiness: Series F’s $ 207 million round of funding doubles OfBusiness’s value in just two months, to a now tidy sum of $ 3 billion. What is the startup doing? According to TechCrunch, it is a “commerce startup that sells industrial products and provides credit to small businesses.” Considering the number of SMEs in India, the startup should not run out of room to grow for quite some time.

Then, the news of venture capital:

  • BGV closes a fourth fund valued at $ 110 million: Benhamou Global Ventures, better known as BGV, now has a fourth fund to invest, and it is 60% larger than its previous investment vehicle. So far, BGV has invested in 28 companies and expects that number to increase by more than a dozen with its new fund.
  • Counterpart Ventures is also raising $ 110 million, but for its first fund: What do you get when you take two former venture capitalists and spin them into their own fund? Counterpart supporters are about to find out. The pair invested in Noom and DataRobot in their previous roles.

And, finally, a recap of the adventure:

  • Specialty fries are a big deal: This is the bet behind Speedata, which has just come out of stealth and announced financial support of $ 70 million. The factory-less company is building what it describes as “the world’s first dedicated processor for optimizing cloud-based databases and analytical workloads.” Considering the size of the data center market and the demand for data science work, the company could tackle a market that is simply huge.
  • Voodoo buys Beach Bum: No, it’s not code or slang. It’s an accurate summary of my favorite mergers and acquisitions track for quite some time. According to our own Romain Dillet, the French mobile game company Voodoo buys Beach Bum, based in Israel, which “specializes in[s] in table and card games. You can see how the latter might feed the former with ideas and intellectual property. As a data point on the size of the casual games market, Voodoo claims 300 million MAU, according to its website. Casual play is fat.
  • Forta raises $ 23 million for smart contract security: As the blockchain economy (market?) Grows, its security needs increase with it. And as smart contracts become an increasingly important feature in the crypto world, so do their security needs. Forta, backed by a host of crypto-focused investors you’ve heard of, thinks they have the solution to the problem.
  • More capital for B2B gifts: Thanks to corporate donation start-up Sendoso which raised $ 100 million the other week, Reachdesk raised $ 43 million for its own efforts in the space. Corp gifting brings e-commerce, sales tools, and IRL items together into a neat package.
  • And to close us, Accel and Tiger team up to invest $ 23 million in Mexican B2B payment platform Higo. The company raised a much smaller funding round of $ 3.3 million just six months ago, making Higo’s turn another note in the growing Mexican startup market, a significantly smaller deal from Tiger. , and also, given the proximity to the precedent of the company. investment, something of a very moment 2021.

Scaling Series A to C

It’s hard to find practical, proven advice on how to grow startups.

Indeed, only 7% of startups who raise fundraising rounds are able to grow their business enough to land a Series C investment, according to a Dealroom study.

To create a framework for founders who chart a course for annual revenue of $ 1million to $ 25million, Arthur Nobel, director of Knight Capital, conducted 47 interviews with founders and investors who passed start-ups from series A to series C.

More than an overview, the article offers approaches to address the challenges of T2D3 growth (triple, triple, double, double, double), specific hiring recommendations and other strategic information.

As an added bonus, the post also includes steps and visualizations that you can use to build your own scaling roadmap.

“The key point is to first determine what stage your business and services are at and do only what is required for that stage,” writes Nobel.

(TechCrunch + is our membership program, which helps startup founders and teams get ahead. You can register here.)

Big Tech Inc.

  • New TikTok Advertising Products: Expect brands to have new ways of trying to get your attention to TikTok in the future, as the company strives to deliver “several new interactive ad formats, ranging from clickable stickers to type ads” Choose your own adventure “with” super likes “” and more “at its social service. Phew.
  • Lordstown can sell the factory to Foxconn: Lordstown could sell a former GM plant bought in 2019 from Foxconn. Lordstown is famous for not building electric trucks, while Foxconn is well known for not building factories in the United States. So, call it a perfect pairing.
  • Facebook brings Messenger closer to Instagram: Cross-app messaging between Facebook and Instagram just got easier with group conversations now possible. Facebook’s decision to worsen Instagram to support its core app is a business decision that I think we’ll be discussing for decades.
  • Spotify strengthens its podcasting toolbox: Music streaming service Spotify wants its users to consume more podcasts, both to improve its gross margin profile and to give it pricing power in the future through exclusive content. To this end, the company is rolling out podcasting tools, including polls and question-and-answer features, to its global audience. Features were previously in beta.

TechCrunch Experts: Growth Marketing

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TechCrunch wants to help startups find the right expert for their needs. To do this, we compile a shortlist of the best growth marketers. We’ve received great recommendations for growth marketers in the startup industry since we launched our survey.

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