More top reads Australia ripe for VC: The country has punched above its weight on a global scale for years. Rebecca explores its ability to attract the funding and talent, and become inclusive enough, to play at the top. Read the feature. Australian VCs sponsor diversity: Rebecca, writing for TechCrunch+, spotlights F5 Collective, an Australian VC firm and advocacy group that's backed by a U.S. family fund. F5 Collective sponsored a California bill that mandates VCs report the diversity of founders they're backing, including their race, disability status, gender and LGBTQ+ status. Learn more. Terran Orbital closes in: Satellite upstart Terran Orbital may be close to receiving a major payment from its biggest customer, CEO Marc Bell announced internally at a company-wide meeting. Rivada Space Networks is in the final stages of closing funding to help fund a mega-constellation to be built by Terran at a cost of $2.4 billion, revenues that currently make up the vast majority of Terran's backlog. Read more. Comparing driver assist: Tim writes about how the driver assist systems from Tesla, BMW, Ford, GM and Mercedes compare. Read on to find out who reigns supreme. Superpedestrian fallout: Rebecca has the story on how the demise of Superpedestrian, the VC-backed e-scooter startup, is emblematic of problems within the shared micromobility industry — and what it might mean in the broader context. Learn more. SoftBank-backed FirstCry raises: FirstCry, India's biggest e-commerce platform for mother and baby products, is aiming to secure $218 million through the sale of new shares in its initial public offering, almost a third of the $700 million it had originally targeted, Manish reports. Read more. Sticking to diversity commitments: Dom, writing for TechCrunch+, checked up on some in the VC space that made commitments to diversity, equity and inclusion following the Black Lives Matter protests in 2020. Read what she learned. India blocks crypto exchanges: Financial Intelligence Unit, an Indian government agency that scrutinizes financial transactions, said Thursday that nine global crypto exchanges — including Binance, Kraken, Kucoin and Mexc — are operating “illegally” in the country without complying with local anti-money laundering acts and asked the IT Ministry to block their websites. Read more. Five more stories you should read: More than 40 investors share their top predictions for 2024 From graphic design to visual workflows, Canva's new AI core is changing its business Giga ML wants to help companies deploy LLMs offline Three steps to take your company out of the one-product mold Australia's climate tech industry is booming, but it could bust without funds |
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