Startup Turning Real-World Objects Into NFT Raises $ 6.9 Million Seed Round: TechCrunch

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Hello and may the 3 be with you. Did we get that meme right? Today, we’re excited to see a16z plan $ 50 crore (that’s $ 500 million) of Indian startup investments into its new fund. We’re also keeping an eye on Thrasio as he appoints a new CEO and executes a round of layoffs – Cristina And Haje

The TechCrunch Top 3

  • NFT for physical objects?: Americana Technologies thought people making physical things were left out when it came to NFT, so the startup developed a way to get those creators on board. We’ll see if that vision fails, but with backers like Alexis Ohanian’s venture capital firm Seven Seven Six; OpenSea NFT market; and rapper Future, it’s probably a good bet that he will.
  • Let’s go back to the NFTs we know and love: We liked it Alessio‘in today’s story about those who grab precious chunks of digital land: “The Bored Ape crew managed to turn a successful NFT set into several collections, huge risk checks and now a license to print money thanks to speculators who stole digital assets as soon as they were offered. ”I can’t wait to see what they do with it.
  • This island has nothing to do with love other than for Roblox: Spotify has launched its “Spotify Island” and is now the first music streaming brand on Roblox. It’s a cute little island with hearts and Easter eggs, but no mating expectations.

Startup and VC

It’s all fintech all the time on the site today, with a $ 65 million round going to Kevin to create account-to-account payments on point-of-sale terminals, Neobank Open becoming a unicorn, banking giant Truist acquiring Long Game in an effort to reach a younger demographic and Point raises $ 115 million to help homeowners cash in on their homes.

Health tech startup myNurse (formerly known as Salusive Health) lost a lot of patient data in one breach and abruptly shut down less than two months later. He claims he has nothing to do with the violation, but gives no reason for arrest. Curious and curious.

We also loved RonToday’s story about Graphite, which took a leaf out of Slack’s book by taking an internal tool and turning it into a separate company with a $ 20 million A Series. I must love a good pivot story.

  • Aimed at Bolt: Something is happening within Bolt’s four walls. Mary Ann broke the various news for context last week and this week Bolt’s CEO addressed the startup’s performance in the wake of the lawsuit, saying its traders are doing twice as good this year as they were last year.
  • When you absolutely, positively need that guac right now: Zepto raised a whopping $ 200 million with a 90% unicorn and 10% horse valuation to help you shop in 10 minutes in a number of other cities in India.
  • Free is the magic number (no it’s not): Pushing customers from free to paid tiers and from low-end product plans to higher cost plans is a lifelong headache for SaaS companies. Toplyne just raised $ 15 million to help ready companies analyze their customers and figure out the best go-to-market strategies.
  • Come back, come back, go back to where you once had the songs: Music discovery is a perennial challenge for streaming services, and SoundCloud is trying to solve it by acquiring Musiio, an AI music curator.
  • For vegans, not eating a steak is now a steak of the past: In a fun twist we didn’t see coming, Mooji is 3D printing vegetable meat. Alum YC just raised $ 3 million to “print” steaks.
  • The first Ɛqǝʍ fund in the world: (this is web3, but below): New Zealand Gets Its First Cryptocurrency & Web3 VC Fund.

Hire the best startup talent on a tight budget during the Grand Resignation

Image credits: moodboard (Opens in a new window) / Getty Images

Glen Evans, a partner on Greylock’s core talent team, joined Senior Editor Walter Thompson at TechCrunch Early Stage to talk about how founders can streamline the recruiting and hiring process, find and develop talent, and discover some best practices to close. the candidates.

“The state of the job market is more competitive than it has ever seen,” said Evans, who has two decades of experience overseeing recruiting and team building at fast-growing companies including Slack, Facebook and Google.

“There’s a very limited supply of talent and probably the biggest demand I’ve ever seen, so it’s really important that people think about how to differentiate and build the foundation and habits to get the right talent in the early days,” he said . “It’s not rocket science.”

(TechCrunch + is our membership program, helping founders and startup teams move forward. You can sign up here.)

Big Tech Inc.

  • Automobiles are what gets us from A to B, but today’s news is about big investments in electric vehicle manufacturing. First, Stellantis plans to inject $ 2.8 billion to increase electric vehicle production at two of its Canadian plants. This is part of a larger $ 35.5 billion investment that Stellantis is making to achieve zero carbon emissions by 2038. Subsequently, Rivian got a nice incentive package to drive to Georgia and build a electric vehicle factory. And finally, Silas has blocked a new facility in Washington that will allow the electric vehicle battery maker to begin bringing its products to cars by 2026.
  • It’s your lucky day if you’ve ever tried to read a book you already own, but haven’t bought from Amazon, but want to read via Kindle. Amazon has now created a way to do this that doesn’t require as many steps. Plus, it looks like the company is giving Roku a run for its money by upping the roster of original shows. So far we’ve forgotten about Jeff Lewis’s entertainment brand.
  • In case you missed daily Twitter coverage and Elon Musk, Will be reports on a Twitter SEC filing showing the risks to its primary advertising business should the proposed deal take place. Advertisers are already gearing up, while Musk previously revealed some ideas for reducing Twitter’s reliance on advertisers for revenue. Oh, and Twitter is testing something called Twitter Circle because it’s middle school again and there can only be six kids in the Six Chicks, so choose wisely.

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