Behold, The ProWellTech List – ProWellTech
ProWellTech launches a major new initiative, Amazon tests a smart shopping cart and ICE escapes the controversial change in student visa rules. Here is your Daily Crunch for July 14, 2020.
The big story: here is the ProWellTech list
In June we published a story with a rather grandiose title “How we are rebuilding the VC sector. In fact, he was announcing The ProWellTech List, which was a months-long project to offer greater transparency to those who actually write the first checks for startups.
Today we published the list – or at least the first version. I’ll let Managing Editor Danny Crichton explain:
The ProWellTech list is a verified and edited list of investors who have demonstrated their commitment to carry out the first checks and to lead the rounds from seed to growth, organized according to the vertical market …
Ultimately, The ProWellTech List is a living and respiratory directory of the most active VCs who are willing to lead in the industry. We intend the list to be updated regularly as the founders provide us with further recommendations and investors change their tastes and portfolios.
You can read the 11 VCs that got the most enthusiastic advice from the founders (registration for Extra Crunch is required) and browse the complete list.
The giants of technology
Amazon will test Dash Cart, a smart shopping cart that sees what you buy – The cart, which will identify and charge you for the items placed in its cart, will first be tested in Amazon’s grocery store which opens in Woodland Hills, California.
U-turns of the UK on Huawei and 5G, giving operators until 2027 the possibility of tearing existing kits – The UK government prohibits telecommunications companies from buying 5G equipment from Huawei and ZTE and must remove any equipment from them companies by 2027.
Google Play Pass expands outside the United States, adds more titles and annual prices: Play Pass is the Android alternative to Apple Arcade, offering subscription access to a variety of apps and games.
Startups, financing and venture capital
Identity platform Auth0 raises $ 120 million F-series funding at a valuation of $ 1.92 billion – Developers can simply add a few lines of code to link applications to Auth0’s identity management service.
Growing Blackstone investors lead $ 200 million investment in Oatly, the oatmeal giant – Celebrity investors include Oprah Winfrey, Roc Nation, Natalie Portman and former Starbucks CEO Howard Schultz. (I tried the milk. It was fine.)
Everything you might want to know about fundraising will be covered at the TC Early Stage: there will be in-depth sessions, as well as fire chats with Dylan Field from Figma, Mariam Naficy from Minted.com, James Buckhouse from Sequoia and Jess Lee and Reid from Greylock Hoffman and Sarah Guo.
Extra Crunch tips and analysis
Investors are looking for Chromium startups: Lucas Matney offers an overview of interesting browser startups based on Google’s Chromium project.
The IPO market remains warm as nCino prices are above the range and Jamf is aiming for a valuation of ~ $ 2 billion – Alex Wilhelm has the latest news on IPO prices.
(Reminder: Extra Crunch is our subscription program, which aims to democratize startup information. You can sign up here.)
All the rest
After universities sued, ICE withdrew from changing student visa rule – A dozen universities and colleges threatened legal action against the administration’s order to withdraw visas for international students who study at US universities wishing to provide their lessons exclusively online in the fall.
The NBCUniversal Peacock streaming service is officially launched tomorrow – The service is already available to customers of the parent company Comfin’s Xfinity X1 and Flex cable from April, but tomorrow marks the launch to a general public, with anyone in the United States able to register and access Peacock on a wide range of devices (but not on Roku or Amazon Fire TV).
Crank a level of Super Mario Bros. on the new 2,646-piece NES kit from Lego – This is nice but I would definitely lose some of those pieces.
The Daily Crunch is ProWellTech’s collection of our biggest and most important stories. If you would like this to be delivered to your inbox every day around 3:00 PM Pacific, you can sign up here.