The company is also working to expand in the U.S. FlixMobility raises $650M for its low-cost bus service : If you are American, you may have not heard of FlixMobility, which operates FlixBus and FlixTrain, low-cost transport services in Europe.Perhaps Faction will be the company to get it right. Daily Crunch is certain that, simply given the sheer amount of capital that has gone into the various projects of this sort, it will eventually work. Faction raises $4.3M for three-wheeled delivery vehicles : That are driverless, we should add.What follows is a selection of the day’s hottest deals. The week’s busy startup fundraising cycle continued today with a host of companies from the very earliest stages to the most mature unicorns raising capital. TechCrunch reported this morning that fintech firm Yieldstreet may go public via a SPAC, and data-centered unicorn Confluent is also going public. The great technology company liquidity run continues : As well-known tech startups like Marqeta look to list, other companies are jumping on the bandwagon.There’s still lots of capital for tech companies tackling the various sides of the education market. For the burgeoning edtech startup market, the round is big news. Guild Education raises $150M : The company, focused on providing what TechCrunch described as “employer-sponsored learning opportunities” for employees, is now worth $3.75 billion after its latest funding round.Naspers is perhaps best known for owning a large stake in Tencent. What’s Prosus? It’s part of Naspers, a South African investing group that you may have heard of. Stack Overflow sells for $1.8B: Well-known developer community and hub of copy-pastable coding snippets for software engineers of all skill levels Stack Overflow is selling itself to Prosus for nearly $2 billion.My playlists are why I won’t leave Spotify until the heat death of the universe, so I suppose it makes sense that the service is doubling down on its personalization feature set.Īnd yes, I do listen to a lot of Taylor Swift in the morning. Yes, the company is taking its yearly listening review to a midyear format and packing its app with even more personalized mixes. It’s a good day in the tech world because former unicorn Spotify is out with new features about you. Hello and welcome to Daily Crunch for June 2, 2021. To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m.
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