Daily Crunch: Japanese marketing tech firm Geniee acquires Zelto for $70M

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Hello crunchy cruncher! Even if he’s lazy and he hasn’t bought a Disrupt ticket yet, that’s great. But here’s a tip. This is your last chance to get super early bird tickets. — Christine and he came

TechCrunch Top 3

  • All Roads Lead to Acquisitions: mannish after Japan’s Geniee acquired AdPushup operator Zelto for $70 million, wrote: He called the deal an “astonishing turnaround” for Zelto, who has seen several near-death experiences in his 10-year history, including issues with cash flow and his Product/Market Fit.
  • sweet (southern) carolina, bup, bup, bup: VW-backed Scout Motors plans to build a $2 billion plant in South Carolina to produce an all-electric vehicle. Tim Stevens There are more.
  • fine: mannish It also wrote that India’s central bank has fined Amazon’s payments division more than $370,000, alleging that Amazon has not complied with certain Know Your Customer guidelines.

Startups and VC

While most established auto players call their shots from sprawling corporate palaces, Scout bases much of its operations, at least for now, out of WeWork near Washington, DC. Tim Stevens report. Scout Motors’ base of operations will finally be “anchored” near his $2 billion South Carolina plant, announced Friday, and the company will bring rugged, retro cred to his EV era. are planning

In addition, there are five

To fix the climate, these 10 investors are betting their homes on the ocean

Floating offshore wind turbine assembly ship

Image credit: Liang Wendong/VCG (opens in new window) / Getty Images

Harnessing the ocean for energy has caused disasters like the Deepwater Horizon oil spill in 2010, which spilled about 5 million barrels of oil into the Gulf of Mexico. Wind power and wave action are now just two of his technologies leading investors to take a closer look. In Ocean Conservation Technology, Tim De Chant reports. To learn more about the opportunities they are pursuing and discover how climate change is shaping their investment themes, he conducted the following research.

  • Daniela V. Fernandez, Founder and CEO of Sustainable Ocean Alliance, Managing Partner of Seabird Ventures
  • Tim Agnew, General Partner, Bold Ocean Ventures
  • Builders Initiative, Program Director (Ocean), Peter Bryant
  • Kate Danaher, Managing Director (Sea & Seafood), S2G Ventures
  • Francis O’Sullivan, Managing Director (Marine and Seafood), S2G Ventures
  • Stephan Feilhauer, Managing Director (Clean Energy), S2G Ventures
  • Sanjeev Krishnan, Senior Managing Director and Chief Investment Officer at S2G Ventures, said:
  • Rita Sousa, Partner, Faber Ventures
  • Christian Lim, Managing Director, SWEN Blue Ocean Partners
  • Reece Pacheco, partner, propeller

Three more from the TC+ team:

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Big Tech Co., Ltd.

It was only a matter of time before another company tried to imitate what Instacart was doing. Uber today. Rebecca Uber is coming to Instacart with a few updates to its Shop and Pay feature, which was released a year ago, allowing delivery drivers to deliver groceries and other retail purchases before they reach customers’ doors. It says that you will be able to choose to receive it. “Basically, this is her Uber trying to follow her Instacart model, which is working well for current grocery delivery companies,” she reports.

Embark Trucks, a self-driving truck company that went public in 2021, is currently laying off about 230 employees as it considers liquidating its self-driving truck assets. Kirsten report.

And now there are six more for your Friday:



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