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Dropouts at Byju's: auditor Deloitte and 3 board members bail on edtech startup

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Thu, Jun 22, 2023 10:04 PM

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TechCrunch Newsletter By Thursday, June 22, 2023 Today, in another round of bad luck for Indian edte

TechCrunch Newsletter [TechCrunch logo]( [The Daily Crunch logo]( By [Christine Hall]( Thursday, June 22, 2023 Today, in another round of bad luck for Indian edtech giant Byju, [Deloitte and three board members]( said “bye, bye, bye” to involvement with the company. Over at Reddit, [find out how moderators]( continue to rage against the machine. And [Robinhood gets into credit cards]( with the acquisition of this fintech. This is your Daily Crunch for Thursday. Venture capital firm [Sequoia debuted Atlas](, its interactive guide to the European tech talent landscape, to the public. Let’s get that plastic out of the oceans, shall we? Kubik, a plastic upcycling startup operating in Kenya and Ethiopia, [closed on a $3.34 million seed round]( to do just that. After five years with TikTok, COO V Pappas is leaving. [Find out what they’re doing next](. Does it seem like funding has picked up again? Because all these funds are getting capital commitments. Today we saw Amazon pour $100 million into a [new fund for generative AI initiatives](, Andreessen Horowitz [creates a “Perennial” evergreen fund]( and Fearless Fund [gets a follow-on for its second fund](. [ image] Image Credits: Getty Images More top stories [Permission wasn’t granted](: Adtech giant Criteo was hit with a $44 million fine in France for not getting user consent for targeted ads. [One isn’t always the loneliest number](: Robin Haak launches Robin Capital, becoming the latest to join the solo GP movement going on in Europe. [Ya Heard?](: Heard Technologies, which develops therapist accounting tools, raised another $15 million. [Get connected](: Limble is now valued at $450 million after raising $58 million to continue helping organizations keep track of all their unconnected physical assets. [Now streaming](: YouTube TV’s multiview feature now offers non-sports content. Car talk: Buckle up! [Kodiak Robotics is partnering with Loadsmith]( to get 800 autonomous trucks on the road. And if you’d like to see how Iron Man fawns over cars, check out “Downey’s Dream Cars” on Max. [Here’s a preview](. Meanwhile, [Rivian acquired a route-planning app]( to better plan for those charging breaks. [Mixing some polka dots in with that Plaid](: Plaid, the company most known for connecting consumer bank accounts to financial applications, is going in a whole new direction with a collaboration network aimed at sharing fraud intelligence. [Computer vision](: Kibsi grabs $9.3 million to help businesses build and deploy computer vision applications. But wait, there’s more: Unlike some of its competitors, Kibsi lets businesses reuse their existing cameras to create insights into virtually anything they want to track. Do you know what DB stands for?: [MongoDB’s Atlas database service]( is poised for new workloads, while MotherDuck launches its [DuckDB-based cloud analytics platform](. Don’t forget about these: [Avatar startup Genies launches $1M fund for developers building AR experiences]( [Omeat emerges from stealth with beefy tech approach to cultivated meat growth media]( [DuckDuckGo’s Windows browser is now available in open beta]( [Robots learn to perform chores by watching YouTube]( [Bridge 2 Technologies is making it easier for companies to find diverse vendors]( [SoulCycle to offer trainer-guided virtual work sessions with the FLOWN startup]( [Inflection debuts its own foundation AI model to rival Google and OpenAI LLMs]( [More top stories image] Image Credits: Overearth / Getty Images [With $10T on the line, 6 fusion investors explain why they’re all in]( With $10T on the line, 6 fusion investors explain why they’re all in Until December 2022, no one had achieved fusion ignition, the point at which the reaction produces more energy than is required to produce it. “There’s still a long way to go, but net-positive controlled fusion is no longer just theoretical,” writes Tim De Chant. To get an investor’s perspective on this nascent technology with a multi-trillion-dollar TAM, he spoke to: - Katie Rae, CEO and managing partner, The Engine - Phil Larochelle, partner, Breakthrough Energy Ventures - Joshua Posamentier, managing partner, Congruent Ventures - Alice Brooks, principal, Khosla Ventures - Wal Van Lierop, founding partner, Chrysalix Venture Capital, and board member, General Fusion - Thai Nguyen, partner, MCJ Collective Three more from the TC+ team: [Falling into these 3 traps means you will never raise VC funding]( [Warming public markets are boosting the secondary market for startup shares]( [Insight cutting its fundraising target isn’t reason to panic]( [TechCrunch+]( is our membership program that helps founders and startup teams get ahead of the pack.[You can sign up here](. Use code “DC” for a 15% discount on an annual subscription. [Read More]( [With $10T on the line, 6 fusion investors explain why they’re all in image] Image Credits: Bryce Durbin / TechCrunch [Read more stories on TechCrunch.com]( Newest Jobs from Crunchboard - [Infrastructure Engineer at AAOS (Rosemont, IL, USA)]( - [Senior Data Engineer at UpClear (New York, NY, USA)]( - [Cloud Infrastructure and Security Lead at UpClear (New York, NY, USA)]( - [IT Specialist (INFOSEC/APPSW at Bonneville Power Administration (Portland, OR, USA)]( - [.Net Developer-CONTINGENT UPON CONTRACT AWARD at Quanterion Solutions Inc (Utica, NY, USA)]( [See more jobs on CrunchBoard]( [Post your tech jobs]( and reach millions of TechCrunch readers for only $200 per month. [Facebook]( [Twitter]( [Youtube]( [Instagram]( [Flipboard]( [View this email online in your browser]( [Privacy Policy]( | [Terms of Service]( | [Unsubscribe]( © 2023 Yahoo. All rights reserved. 110 5th St, San Francisco, CA 94103

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