Lucid Air puts Tesla in the rearview mirror by getting 520 mile EPA range rating – TechCrunch

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Hello and welcome to Daily Crunch for September 16, 2021. We’re still counting down for Disrupt, so make sure you have a ticket and get ready to drop your pitch deck in the hat. We’re going into space! – Alexis

The Top 3 TechCrunch

• Tigers love robots: Sure, we’re used to seeing Tiger cutting checks on every living software company, but did you know that the investment fund is also devoted to physical goods? Our own Brian Heater has the news.
• What could stop the startup boom? Today on the site, TechCrunch looked back on its coverage of the second quarter venture capital cycle, asking what might stop the momentum we’ve seen in recent quarters. The short answer? Not too. The heady startup market is more stable than you might think, but only partly on its own merits.
• The US government takes violations seriously: The United States Federal Trade Commission (FTC) ensures that companies know that while their applications “collect personal health information [they] must notify consumers if their data is breached or shared with third parties without their permission. Which is good. But how was it not always Rule?

Startups / VC

Apple hosted an event this week, so the tech market is still picking up on why it’s the iPhone 13, not the iPhone 12S. Whatever your opinion there, Apple’s long shadow is making its mark in other places. Like the market to help people find their gadgets. The Cupertino giant made waves the other month by introducing AirTags, in competition with Tile, a startup. Well, Tile is now back with $ 40 million in new capital. At war !

• Fiberplane raises capital to create Google Docs for SRE: Creating software tailored to a particular market is all the rage these days. The strategy is akin to building an anti-word, if you will. In Fiberplane’s case – the company just raised $ 8.8 million – it’s building a Google-Docs style product for Site Reliability Engineers, or SREs. Is this niche too small? Probably not?
• CodeSignal raises (again): Ah, accreditation. CodeSignal wants developer job applications to be a little more skill-based and a little less based on where you went to school. Investors are lining up to fund his vision, leaving an additional $ 50 million in the company’s coffers less than a year after raising $ 25 million.
• Self Financial proves that building credit is always financed by venture capital: Altos Ventures spearheaded a $ 50 million Series E for the company, which aims to help “consumers build credit and save at the same time.” This is a good idea, given how badly the American credit system is still today.
• Byju’s buys Tynker coding platform: The $ 200 million transaction will help Byju’s continue its expansion in the United States. India’s optimism about its own sector may be a balm for worried founders and investors about edtech in the wake of China’s decision to bring its class of domestic startups to their knees at the market pursuit.
• Open mineral: What a great name for a startup. And that’s more than appropriate, as the company wants to bring transparency to global commodity markets. Which is good, because more transparency means better price discovery and a more efficient market. Open Mineral just closed $ 33 million in a Series C.

3 strategies to facilitate the adoption of new HR technologies for recruiters

Most of us would rather trust our instincts than let automated tools help us make decisions, especially when it comes to hiring. But that’s not smart.

If your startup has an ad hoc hiring process, you’re not tracking candidates properly, there’s little consistency in how they’re treated, and biases play a major role in who gets hired.

It’s good to be skeptical of automated recruiting tools, but not ignorant.

(Extra Crunch is our membership program, which helps founders and startup teams move forward. You can register here.)

Big Tech Inc.

• Twitter Super Follows may not be super lucrative: Data from the Twitter Super Follows product indicates that its early performance is poor. So much so that he could follow the path of the fleets. Are you super followed? If so, let us know.
• Ford is spending to increase production of electric trucks: Worried that electric vehicles are a fad? Stop worrying. Traditional American automaker Ford is doubling production of electric F-150s, TechCrunch reports. And while Ford does well with electric vehicles, they are very common.
• Lucid Air takes the EV title with the longest range, overtaking Tesla: Dodging Elon’s fanboys for a minute, Lucid Motors takes the state-of-the-art of electric vehicles a step further with a car with a range of 520 miles. It’s a hell of a hike. Overall, the distance that Lucid – remember that the company will go public later this year – intends to offer could spark an arms race over the EV range. Yes please.

TechCrunch Experts: Growth Marketing

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

TechCrunch wants you to recommend growth marketers with expertise in SEO, social, content writing, and more! If you are a growth marketer, skip this investigation with your customers; we would like to know why they liked working with you.

If you’re curious about how these polls shape our coverage, check out this guest column from Bryan Dsouza on Extra Crunch, “5 Things You Need To Win Your First Client”.