Great early morning buddies, and invite back to TechCrunch’s Equity Monday, a short-form audio struck to start your week.
Before we jump into today’s show, do not forget that the long-form Equity that we have actually provided for more than three years still drops on Friday. Last week’s was a particular delight, so make certain you’re caught up. Ready? Let’s go.
This weekend was hectic, with Quibi launching, folks in the UK attacking 5G towers and Skype attempting to take some of Zoom’s thunder. News was dominated, as always, by COVID-19, this time leading to a stock market bump as some information from the illness appeared to take a short breather with– depending upon which tracker you prefer– less folks contracting the infection in the last 24 hr than the day prior; investors are searching for any positive signal to trade on, which appears to have actually been enough. What’s turning up this week? Not revenues, or at least not the sort of profits reports that we appreciate. Instead, we’re keeping eyes peeled for Q1 VC data and
financial details from the United States. Here in the States Friday is off, remember, so this is a short week. Next, 2 venture rounds: Valispace, a Germany-based startup that also has folks in Portugal, raised EUR2.2 M recently led by JOIN Capital. The startup calls itself “Github for hardware, ” which TechCrunch summarized as a “cooperation platform for engineers, permitting them to develop much better satellites, aircrafts, rockets, nuclear fusion reactors, cars and medical gadgets”with a browser-based app. And Vertical Future simply raised ₤ 1.1 M. It’s doing vertical farming, a subject that I’ve read about every few years today appears to actually be a thing! That’s interesting. Vertical Future raised a bigger round in 2015, and is generating food today in production sites. We close with a concern: How many more startups are going to die this year, compared to 2019, and what
do their deaths suggest for personnel and financiers alike? Will completion of so-called “traveler”cash harm young companies or will it simply cull the silly? Equity drops every Friday at 6:00 am PT, so register for us on
Apple Podcasts, Overcast, Spotify and all the casts. Article curated by RJ Shara from Source. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. The show streams on Radio Zindagi 1170AM on Mondays from 3.30 PM to 4 PM.