Every day Crunch: Startup that transforms real-world objects into NFTs raises $6.9M seed spherical

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Hi there and Could the third be with you. Did we get that meme proper? Right now, we’re thrilled to see a16z planning $50 crore (that’s $500 million) value of investments into Indian startups in its latest fund. We’re additionally keeping a close eye on Thrasio as it names a new CEO and executes a spherical of layoffs – Christine and Haje

The TechCrunch Prime 3

  • NFTs for physical items?: Americana Applied sciences thought individuals who create bodily issues have been neglected when it got here to NFTs, so the startup developed a approach for these creators to leap on board. We’ll see if this imaginative and prescient shakes out, however with backers like Alexis Ohanian’s enterprise agency, Seven Seven Six; NFT market OpenSea; and rapper Future, it’s in all probability an excellent guess that it’ll.
  • Back to the NFTs we know and love: We favored Alex’s line in right now’s story about these snapping up invaluable items of digital land: “The Bored Ape crew has managed to show successful NFT set into a number of collections, big enterprise checks, and now a license to print cash due to speculators snapping up its newly provided digital property.” Can’t wait to see what they do with it.
  • This island has nothing to do with love other than that for Roblox: Spotify launched its “Spotify Island” and is now the primary music streaming model on Roblox. It’s a cute little island with hearts and Easter eggs, however no expectation of coupling up.

Startups and VC

It’s all fintech on a regular basis on the positioning right now, with a $65 million spherical going to Kevin to construct account-to-account payments over point-of-sale terminals, Neobank Open becoming a unicorn, Banking big Truist buying Long Game in an effort to reach a younger demographic, and Level elevating $115 million to assist householders cash out on equity in their homes.

Well being tech startup myNurse (previously often known as Salusive Well being) misplaced a bunch of affected person information in a breach and suddenly shut down less than two months later. It claims it has nothing to do with the breach, however provides no purpose for the shutdown. Curiouser and curiouser.

We additionally beloved Ron’s story right now about Graphite, which took a leaf out of Slack’s e-book by taking an internal tool and spinning it out as a separate company with a $20 million Series A. Gotta love an excellent pivot story.

Hiring high startup expertise on a finances in the course of the Nice Resignation

a horseshoe magnet attracting a swarm of paper clips

Picture Credit: moodboard (opens in a new window) / Getty Pictures

Glen Evans, a accomplice on Greylock’s core expertise staff, joined Senior Editor Walter Thompson at TechCrunch Early Stage to speak about how founders can optimize the recruiting and hiring course of, discover and develop expertise, and uncover some greatest practices for closing candidates.

“The state of the job market is extra aggressive than I’ve ever seen it,” mentioned Evans, who has 20 years of expertise overseeing recruiting and team-building at fast-growing corporations together with Slack, Fb and Google.

“There’s a really restricted provide of expertise and doubtless the most important demand I’ve ever seen, so it’s actually essential for individuals to consider the way to differentiate and construct the foundations and the habits to get expertise proper within the early days,” he mentioned. “It’s not rocket science.”

(TechCrunch+ is our membership program, which helps founders and startup groups get forward. You can sign up here.)

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