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         By
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          Christine Hall
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        <p style="color: #5a5a5a; font-size: 18px; line-height: 28px; margin: 0;">
         Thursday, June 08, 2023
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Today we have lots of car talk for you vroom enthusiasts, plus news on a company that wants to take on Microsoft and one app that said Reddit’s revised API terms were not good for business. This is your Daily Crunch for Thursday.
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            Image Credits: Chesnot/Getty Images / Getty Images
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               First, let’s hop over to WhatsApp, where it is getting the Channels treatment, similar to
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                what Meta did with Instagram
               </a>
               . On WhatsApp, though, Channels messages will show up in a new tab called Updates. And these are one-way communications, so users won’t be able to reply, making it perfect for organizations, like nongovernmental organizations and medical research institutions.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Learn more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Now meet Pigment, a France-based company that announced $88 million in new capital to improve on its business planning tool that will make you forget about Excel.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Seems like a lot of you were excited about Adobe bringing Firefly to enterprise customers. Businesses can use the generative AI tool to customize the model with their own branding.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Find out how
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Over at Uber, its Australian test of car-sharing was so successful that the ride-hailing giant is bringing that same service to North America.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                See where you can try it out first
               </a>
               . Meanwhile, Uber is “tooting its eco horn” with some new sustainability features.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Find out more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Didn’t see that in the stars
               </strong>
               : Ursa Major, a rocket engine startup, reportedly had to make layoffs.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Find out what happened
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Starting over
               </strong>
               : The RealReal’s founder and former CEO Julie Wainwright has a new, venture-backed startup.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Get the scoop
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Let me insure you
               </strong>
               : Amsterdam-based insurtech startup Insify grabs another $10.7 million for insurance targeting small businesses.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read all about it
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Can I borrow a token?
               </strong>
               : Aave banked $15 million to continue developing its Lens Protocol web3 product that enables users to lend and borrow crypto tokens.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Learn more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Don’t forget about these
               </strong>
               :
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                AI startup Cohere, now valued at over $2.1B, raises $270M
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Google’s Password Manager gains biometric authentication on desktop
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                LinkedIn is the next social network to offer AI-powered tools for ad copies
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Nigeria’s Haul247 raises funding to scale its logistics platform
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Bluesky’s growing pains strain its relationship with Black users
               </a>
              </p>
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            Image Credits: IR_Stone / Getty Images
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              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Meanwhile, we have even more car talk for you. Let’s start with Segway-Ninebot, which is doing something of a
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                PIVOT!
               </a>
               in partnering with Drover AI and Luna Systems to integrate their technologies into Segway’s AI-enabled e-scooters.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read more
               </a>
               . Then Porsche has a new concept car that looks to be aiming for the “gold” standard of electric vehicles.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                See what it looks like
               </a>
               . Next, Mercedes is the first to receive a permit to sell vehicles in California with hands-free, eyes-off automated driving.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Learn more
               </a>
               . Over at Toyota, the carmaker plans on spending $48 million on a new U.S.-based electric vehicle battery lab.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Get the scoop
               </a>
               . And in case you missed it,
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Apple Maps will show you available spots to charge your EV
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                You Reddit right
               </strong>
               : Reddit is taking another look at its newly
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                revised API terms
               </a>
               following backlash from several Reddit communities. For example, Reddit says it plans to
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                make exceptions for accessibility apps
               </a>
               , which allow users, including people who are blind or visually impaired, a way to browse and use Reddit. However, popular third-party Reddit app Apollo said it was shutting down as a result of the new API pricing.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Find out what happened there
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Brew master
               </strong>
               : Green Coffee Company has $25 million in new capital and plans to use its coffee by-products to create a new line of liquor and spirits.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Read more
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                AI think it’s safe to go
               </strong>
               : Leading tech companies and researchers are preparing to attend a global AI safety summit being hosted in the United Kingdom.
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Learn more about what the strategy is here
               </a>
               .
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <strong>
                Before you go, here’s a handful more
               </strong>
               :
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                VC-backed boba chain Ume wants to pour into mainstream with surprise plushies
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                EvenUp wants to automate personal injury settlements — to a point
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                Oura launches new ‘Circles’ social feature to share your personal health journey
               </a>
              </p>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               <a style="font-family: Helvetica, Arial;color: #14c435;text-decoration: none">
                North Korean hackers linked to Atomic Wallet crypto hack
               </a>
              </p>
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           <p style="font-size: 12px; color: #c6c6c6; font-weight: bold; padding-left: 20px; padding-right: 20px">
            Image Credits: Mercedes-Benz
           </p>
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               <a style="color: #14c435; text-decoration: none" target="_blank">
                What are Series A VCs looking for? Many seed investors aren’t so sure anymore
               </a>
              </h2>
              <p style="font-family: Helvetica, Arial;text-align: left;color: #333;font-size: 19px;line-height: 27px;margin: 0;margin-bottom: 15px">
               Rebecca Szkutak interviewed three seed-stage investors to learn more about what it takes to close a Series A in June 2023:
              </p>
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