Revolut advises users to take caution after hacker breach triggers phishing campaign • TechCrunch

To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey there, you deep-fried morsels of delight. Deep fried, because that’s the thing that made you crunchy. No? Because this is the Daily Crunch? The TechCrunch team got so competitive in this season of the Great Tech Bake-off, cooking up an incredible amount of scrumptious news over the past 24 hours, that it has taken us damn near 24 hours just to ingest the full tasting menu.…

Leoparda Electric is bringing battery swapping for two-wheelers to LatAm • TechCrunch

Leoparda Electric, a São Paolo–based startup, wants to be the Gogoro of Latin America. In other words, it’s looking to build out a network of battery swapping stations that should help spread adoption of electric two-wheelers in the region. While LatAm is the second largest two-wheeler market after Southeast Asia, electrification in the region has been slow to develop. That’s in part due to policies, or lack thereof. While several LatAm countries have set some rough targets for zero-emissions sales or internal combustion engine phase-outs, insufficient fiscal incentives, weak regulatory…

Razor’s Edge Ventures closes $340M fund as it looks to invest in defense startups • TechCrunch

In a sign that national security tech is a safe bet even during troubled economic times, defense- and security-focused VC firm Razor’s Edge Ventures today announced the closing of its third startup investment fund at just under $340 million. It exceeded the initial target of $250 million, the firm notes, and will target companies developing autonomous systems, space technologies, cybersecurity, AI and machine learning, digital signal processing and other aerospace and defense technologies. Founded in 2010, Razor’s Edge funds multi-stage startups with both commercial and government customers but specializes in…

Building control startup PassiveLogic inks partnership with Nvidia, secures $15M • TechCrunch

About five months after raising $15 million, PassiveLogic, which provides a platform to autonomously control building systems, has secured an additional $15 million in an “off-round” strategic investment from Nvidia’s venture arm, nVentures. The new cash brings PassiveLogic’s total raised to over $80 million, and CEO Troy Harvey tells TechCrunch it’ll be put toward expanding the Utah-based company’s headcount from 100 employees to 140 within the next year. The investment represents a major vote of confidence in PassiveLogic, considering that the startup hasn’t released any products to the public yet…

Due diligence roadmap, employment law basics, YC’s Michael Seibel • TechCrunch

Last week, we ran an article by Gaetano Crupi, a partner at VC firm Prime Movers Lab, identifying three pillars required to support a Series B data room: a strategy memo, a pitch deck and a forecast model. In a follow-up, he explains the next step: packaging this information for prospective investors to “create the blueprint and backbone for an in-depth Series B due diligence process.” If you’re preparing for a Series B, these articles explain exactly what investors are looking for and how each piece of content works individually…

Nvidia debuts new products for robotics developers, including Jetson Orin Nano • TechCrunch

Amid the festivities at its fall 2022 GTC conference, Nvidia took the wraps off new robotics-related hardware and services aimed at companies developing and testing machines across industries like manufacturing. Isaac Sim, Nvidia’s robotics simulation platform, will soon be available in the cloud, the company said. And Nvidia’s Jetson lineup of system-on-modules is expanding with Jetson Orin Nano, a system designed for low-powered robots. Isaac Sim, which launched in open beta last June, allows designers to simulate robots interacting with mockups of the real world (think digital re-creations of warehouses…

Antimatter brings shitposting to the classroom • TechCrunch

“To be able to shitpost, you have to understand the subject matter really well,” Antimatter founder Jonathan Libov deadpans. “In a sense, shitposting is the highest form of consciousness.” Silly as it may sound, Libov is onto something. With a five-person team and a bit of venture funding, Antimatter is building the most memey educational technology company on the market with a simple premise: to make a good meme about a subject, you need to know what you’re talking about. “I talked to my best friend from college who is…

Announcing the agenda for TechCrunch Sessions: Crypto 2022 • TechCrunch

The crypto industry seemed to age several decades over the past bull run, maturing in some places while barreling ahead in ambitious new pursuits, including DeFi, NFTs and web3. And while scams continued to proliferate and hacker heists became a weekly occurrence, the space onboarded an onslaught of retail investors and fostered feverish excitement among young technologists eager to bet their careers on the blockchain. We’re thrilled to tap into this controversy and excitement once again as we announce the star-studded agenda for TechCrunch Sessions: Crypto 2022. The event —…

4 employment law mistakes startups can stop making today • TechCrunch

Christian Corpion Contributor Kristen Corpion is the founder of CORPlaw, a Miami-based law firm serving fast-growing technology companies and entrepreneurs as fractional general counsel. More posts by this contributor All my apes gone: Legal disputes at the intersection of IP and NFTs When should an early-stage startup hire a full-time lawyer? As the old saying goes, your people are your business’ most important assets. And that’s true for startups as well. As we’ve seen over the past several years, attracting and retaining talented workers remains one of the biggest challenges…

Nilos unifies crypto and fiat accounts for small businesses • TechCrunch

Meet Nilos, a startup that wants to bridge the gap between crypto wallets and traditional business bank accounts. The company provides a dashboard that displays all your transactions — whether those are fiat transactions or crypto payments. From this platform, you can initiate payments and reconcile operations across multiple accounts. The startup raised a $5.2 million funding round back in April. Viola Ventures and Fabric Ventures led the round, with Mensch Capital Partners also participating. Several business angels also contributed to this round, such as Yuval Tal, Sebastien Borget, Emmanuel…