Daily Crunch: GOMYCODE Education Technology Platform for Skills Closes $8M Series A

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When did it become Thursday? About 15 hours ago, that’s when! Welcome to March 9, 2022 and another very crunchy daily crunch. Serve it with real cow’s milk that wasn’t sourced from cows – and if that sounds weird, we’ve got a treat for you in the startup section below. — Hadje as well as Christine

TechCrunch Top 3

  • Content Creator: We loved Tagereport on the Tunisian education company GOMYCODE, which gave $8 million to schoolchildren for software development and technical skills. Companies like GOMYCODE are emerging at a time when such skills are needed to tackle 30 percent unemployment in some African countries.
  • Flying high: The sequel to Top Gun is finally in theaters, and our admiration for all the flying maneuvers has reached its peak. Shield AI, which makes military autonomous flying systems, has raised $165 million at a $2.3 billion valuation. And talthough it was a blow to the US, we like it ingridthe inclusion of company president Brandon Tseng in the US aerospace development ranking compared to China’s.
  • Yes, the NFT downturn is real: You won’t know this from the amount of news we at TechCrunchers get in our inboxes every day about people and organizations launching NFTs, but the demand for NFTs isn’t what it used to be. Alex reports. He originally looked at some data and assumed there had been a recession, and when some people suggested it was wrong data, he looked again. And I came to the same conclusion. #sorry not sorry

Startups and VK

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We love this story Ronabout the two founders of Luminai who went from consecutive hackathons to S20 Y Combinator, and who announced today that they have raised a $16 million round.

We do not want to be indifferent to layoffs, but Hadje does encourage potential employees to do their due diligence before joining a startup: They are more risky than you think, especially when the economy is curtsying a little in desperation.

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Also! Today is Thursday, which means Hadje also wrote another installment of his popular Pitch Deck Teardown series on our subscription site TechCrunch Plus. At that time, he looks at the $50 million Series B Lunchbox and what startups can learn from its deck..

Let’s make a small circle around the site and see what else interesting you can find in the country of startups:

8 Factors to Consider When Raising Funds During an Economic Downturn

Image credits: Getty Images/MMarieB

Promise: We will not publish articles on TechCrunch+ with advice on how to overcome the crisis, unless the author really knows what he is talking about.

Before Carl Alomar became the managing partner of venture capital firm M13, he led one company through the 2000 dot-com crash and helped another through the 2008 Great Recession.

“The key difference between 2022 and previous recessions is that this contraction has been expected for a long time, while previous recessions were much more sudden,” he says.

Alomar shared eight elements that entrepreneurs should consider in this environment, including his top-level advice that anyone fundraising should have at least 2 years of runway.

“Investors are likely to be sidelined for the most part as markets stabilize and a new set of comparable multiples are set,” Alomar said. – This may take some time.

(TechCrunch+ is our membership program that helps founders and startup teams get ahead. You can register here.)

Big Tech Inc.

If you’re a fan of John Oliver’s “Last Week Tonight” then you know all about his “love” for AT&T that keeps the telecommunications giant moving into remove HBO Max kit from his most expensive unlimited wireless plan is so interesting. Not too many explanations as to why, so we can’t wait to hear what Oliver has to say Sunday night.

There’s a lot of meta news today, so let’s get started, start with Annieupdate on company problems in Kenyawhere he wants a lawsuit filed against him by a former employee to be dismissed. From there we get a little easier with the Meta. Workplace division signs deal with McDonald’s so that employees can use Workplace on their phones to communicate with each other. We also found out that Meta may not be moving forward with plans for the clock.

Like clothes, shoes can be difficult to fit, but Amazon has a solution: Augmented Reality Function for Shopping to help shoppers visualize how a new pair of shoes will look on their feet from different angles using a mobile phone. It will initially launch in the US and Canada on the Amazon iOS shopping app.

We love this POV account Zachwho had to postpone his return from a foreign vacation after contracting COVID. What happened was a logistical nightmare of epic proportions.

If you liked these, you’ll probably like these too:

  • Failure to notice: Tesla accuses the California Department of Fair Employment and Housing of illegally filing a lawsuit for racial discrimination.
  • Console not needed: First Microsoft announced that its Xbox TV app would launch on June 30th, and now it’s rejoicing fans with the news that gamers will be able to stream games on Samsung’s new smart TVs without a console. There’s also some hype on Twitter around the Xbox. new Pride controller.
  • Change of Apple lineup: Apple has announced that it plans new versions of its MacBook, MacBook Air and iPad Pro for next year. Also, Apple pays later the installment loan scheme will live under the new lending subsidiary.
  • Drums please!: Chrome now disables many of those annoying web notification permission requests.

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