A space startup connected to the International Space Station raises $130 million, Atlassian releases a new version of Trello and bitcoin briefly passes $50,000. This is your Daily Crunch for February 16, 2021.
The big story: Axiom Space raises $130M
Founded in 2016, Axiom Space is working with NASA to add privately developed space station modules to the International Space Station. It’s also the service provider for the first private astronaut launch to the ISS, scheduled for January 2022 using a SpaceX Dragon spacecraft and Falcon 9 rocket.
Eventually, the startup hopes to create its own orbital platforms. And in his story on the funding, Darrell Etherington says Axiom is emerging as “the leading linkage between private human spaceflight and the existing infrastructure and industry.”
The tech giants
Atlassian launches a whole new Trello — Trello is one of the most popular project management tools around, and in many ways it brought digital Kanban boards to the mainstream.
TikTok hit with consumer, child safety and privacy complaints in Europe — TikTok is facing a fresh round of regulatory complaints in Europe.
Reddit’s transparency report shows a big spam problem and relatively few government requests — Volume-wise, the largest problem by far is spam.
Startups, funding and venture capital
01 Advisors, the venture firm of Dick Costolo and Adam Bain, has closed fund two with $325M — Costolo and Bain previously served as Twitter’s CEO and its chief operating officer, respectively.
Shared scooter startup Revel adds electric bike subscriptions to its business — Revel will start offering monthly electric bike subscriptions in New York.
Tencent backs digital rights startup Pex in $57M round — The startup describes its Attribution Engine as the “licensing infrastructure for the Internet.”
Advice and analysis from Extra Crunch
Inside Rover and MoneyLion’s SPAC-led public debuts — Looking at the financial health of two companies that we’ve heard about for ages and never got to see inside of.
Four strategies for deep tech startups recruiting top growth marketers — How do deep tech companies connect and cultivate strong relationships with talented nontechnical growth people outside of their industry?
(Extra Crunch is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
Bitcoin briefly breaks the $50K barrier as Coinbase’s direct listing looms — The hodl-crew are having quite the moment.
Imagine a better future for social media at News Sessions: Justice — We’ll discuss how much responsibility social networks have in the rise of toxic culture, deadly conspiracies and organized hate online.
The Daily Crunch is News’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 3pm Pacific, you can subscribe here.