PWC

PwC, the management consulting giant, will become OpenAI’s biggest customer to date, covering 100,000 users.

OpenAI signs 100K PwC workers to ChatGPT’s enterprise tier as PwC becomes its first resale partner

A lesser-known but significant player in the Silicon Valley tech world is getting acquired today — a move that underscores the changing economics in the world of hardware. Surfaceink, a…

PwC is acquiring Surfaceink, the hardware designer that was once a close partner of Apple

It’s been a tumultuous year for OnlyFans, the popular subscription-based social media platform best known for hosting explicit content and offering an online safe haven to the sex workers who…

OnlyFans’s Ami Gan and Keily Blair join us at Disrupt for a SFW fireside chat

Zoom has in many ways “won” the mindshare game when it comes to video conferencing: Whether you’re actually using Zoom or another service that’s wrapped into another platform like Google…

Venue raises $4M from Accel and the CEOs of Slack, Remote and Squarespace to give teamwide video meetings a new breath of life

Climate tech winners in the second quarter spanned a range of businesses, from renewable energy developers to EV manufacturers and nuclear startups.

While venture cools down around the world, climate startups are blazing hot
Crypto

Down bad

1:33 pm PDT • June 18, 2022

Welcome back to Chain Reaction. Last week, we talked about layoffs and the Winklevoss rock gods. This week, we’re looking at a new layer of crypto doom and gloom. Get…

Down bad

The crypto hedge fund market is evolving as traditional players want to get a slice of the digital asset pool.

Hedge funds plan to buy more crypto amid a down market and potential regulatory clarity

In the last year or so, the podcast advertising industry has turned a corner. According to the Interactive Advertising Bureau (IAB) and PwC’s 2021 U.S. Podcast Advertising Revenue Study, the…

US podcast ad revenue to reach $2 billion in 2022 and top $4 billion by 2024, study says

An ambitious Chinese startup wants a slice of the flourishing global work automation market. Laiye, a Beijing-based company that provides a one-stop platform for automating office tasks of varying degrees…

China’s work automation startup Laiye raises $160M, acquires France’s Mindsay

For those who do care, there is no shortage of confusion on how to best tackle the looming threat of climate change. But what if an answer was lying right…

The answers to real estate’s climate tech questions may be all around us

Africa’s appetite for cloud computing software continues to increase as connectivity and bandwidth opportunities push boundaries. Per reports, the continent’s cloud computing industry coupled with the Middle East is expected…

Nigeria’s SeamlessHR raises $10M to expand HR and payroll solutions across Africa

Namibian business-to-business e-commerce startup JABU confirmed to TechCrunch that it has raised a $3.2 million financing round. The seed round, which was closed last year, welcomed investors such as Afore…

YC-backed Namibian startup JABU gets $3.2M for its B2B e-commerce and retail play

Alibaba is reassigning roles to four of its executives in one of the biggest reshuffles in its recent history, the company announced on Monday morning. Maggie Wu, the e-commerce titan’s…

Alibaba undergoes major management reshuffle

Finding a way to connect with people who might buy from you, while spending less time pursuing those who will never be interested, is something akin to a holy grail…

UserGems raises $20M to take on ZoomInfo to help with prospecting and sales intelligence

The company intends to build out several SaaS applications and is poised to roll out its first two modules for revenue and accounts receivables by the end of the year.

Audit Sight takes on new capital to eliminate all of the back and forth between auditors, companies

Every entrepreneur must understand how to properly form a view of their company’s proper adjusted EBITDA and adjusted revenue.

Perform a quality of earnings analysis to make the most of M&A

As smoke from fires chokes the skies in the western U.S. and pollution chokes much of the world, air quality has become yet another issue for civilization to address. Industrialization…

Air quality monitoring service Airly raises $2 million as fires, pollution force consumers to take note

Featured Article

COVID-19 fails to stop the march of the unicorns

We’re digging into Q2 2020 venture capital results this week. Today we are exploring U.S.-specific results after taking a broader perspective yesterday. As with every quarter, our goal is to understand how strong, or not, the domestic and global VC markets are so that we can better follow the pace…

8:01 am PDT • July 14, 2020
COVID-19 fails to stop the march of the unicorns

We’re talking about three trends this morning: The sharp decline in Q1 U.S. seed rounds, how mega-rounds ($100 million and larger funding events) are holding up the sky for domestic…

VC activity goes upside down as seed deals fall and mega-rounds rise

The famous phrase “software eats the world” was originally coined to describe how technology gradually replaces the old industrial norms of production. But few realized that when Uber started to…

Insurance platform Collective Benefits raises £3.3M to give gig economy workers a safety net

Kenya based B2B e-commerce startup Sokowatch has raised $14 million in Series A funding toward its mission of revamping supply-chain markets for Africa’s informal retailers. From Nairobi, the company has…

Sokowatch raises $14M to digitize Africa’s informal B2B supply-chain

Like any burgeoning art form, podcasts have a complicated relationship with corporate America. The form’s appeal has long been its accessibility; for years, it’s been open to anyone with an…

2019: the year podcasting broke

Contrary to popular belief, successfully implementing AI to drive impactful decisions requires a diverse team with expertise in several skill sets.

When and how to build out your data science team

The directional trends are clear: chatbots are an important component of our AI-driven future, and the C-suite is taking notice.

Chatbots spotlight machine learning’s trillion-dollar potential

Some VCs have a bias against startups with an explicit positive social impact on the grounds that they have a smaller addressable market, and that the founders aren’t sufficiently focused…

Finding free money for your social impact startup

Singapore is keen to exert itself as an epicenter for startups and tech worldwide. But beyond the government-backed startup programs, which include grants, investment checks and more, a key point…

Sleek lets companies incorporate and operate in Singapore — without the pain of paperwork

Political parties, campaigns and brands can’t get an accurate and cost-effective understanding of opinion in small geographic areas, like the constituencies of lawmakers. This is a big problem in political…

Focaldata thinks it has some answers for campaigners in the age of Trump and Brexit

The digital revolution has spawned “challenger” banks that operate entirely online, with no High Street presence. That phenomenon has taken off in Europe — particularly the U.K. — but over in…

Bowtie raises $30M to bring the digital insurance model to Hong Kong

The big accounting firms are under pressure from digital disruption just like every industry these days, but PwC is trying a proactive approach with a digital accelerator program designed to…

PwC staves off disruption with immersive emerging tech training

Audit giant PwC is the latest mainstream firm to show new interest in digital currencies. This week it announced a partnership with decentralized lending platform Cred to advise on better standards for…

With Cred partnership, PwC wants to help make stablecoins legit