An area startup related to the International Space Station raises $130 million, Atlassian releases a brand new model of Trello and bitcoin briefly passes $50,000. This is your Daily Crunch for February 16, 2021.
The huge story: Axiom Space raises $130M
Founded in 2016, Axiom Space is working with NASA so as to add privately developed area station modules to the International Space Station. It’s additionally the service supplier for the primary personal astronaut launch to the ISS, scheduled for January 2022 utilizing a SpaceX Dragon spacecraft and Falcon 9 rocket.
Eventually, the startup hopes to create its personal orbital platforms. And in his story on the funding, Darrell Etherington says Axiom is rising as “the main linkage between personal human spaceflight and the present infrastructure and trade.”
The tech giants
Atlassian launches a complete new Trello — Trello is likely one of the hottest undertaking administration instruments round, and in some ways it introduced digital Kanban boards to the mainstream.
TikTok hit with shopper, youngster security and privateness complaints in Europe — TikTok is dealing with a recent spherical of regulatory complaints in Europe.
Reddit’s transparency report exhibits a giant spam downside and comparatively few authorities requests — Volume-wise, the biggest downside by far is spam.
Startups, funding and enterprise capital
01 Advisors, the enterprise agency of Dick Costolo and Adam Bain, has closed fund two with $325M — Costolo and Bain beforehand served as Twitter’s CEO and its chief working officer, respectively.
Shared scooter startup Revel provides electrical bike subscriptions to its enterprise — Revel will begin providing month-to-month electrical bike subscriptions in New York.
Tencent backs digital rights startup Pex in $57M spherical — The startup describes its Attribution Engine because the “licensing infrastructure for the Internet.”
Advice and evaluation from Extra Crunch
Inside Rover and MoneyLion’s SPAC-led public debuts — Looking on the monetary well being of two corporations that we’ve heard about for ages and by no means acquired to see within.
Four methods for deep tech startups recruiting prime development entrepreneurs — How do deep tech corporations join and domesticate sturdy relationships with gifted nontechnical development folks exterior of their trade?
(Extra Crunch is our membership program, which helps founders and startup groups get forward. You can join right here.)
Bitcoin briefly breaks the $50Okay barrier as Coinbase’s direct itemizing looms — The hodl-crew are having fairly the second.
Imagine a greater future for social media at TechCrunch Sessions: Justice — We’ll focus on how a lot accountability social networks have within the rise of poisonous tradition, lethal conspiracies and arranged hate on-line.
The Daily Crunch is TechCrunch’s roundup of our largest and most necessary tales. If you’d wish to get this delivered to your inbox each day at round 3pm Pacific, you’ll be able to subscribe right here.