TechCrunch Industry News

Ouster and Velodyne, two lidar companies, have agreed to a merger in an all-stock transaction, the companies said Monday. Both Ouster and Velodyne will maintain a 50% stake in the new company, according to the agreement that was signed on November 4. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Unity‘s proposed merger with IronSource has formally concluded, with the two companies coming together to create an end-to-end platform for developers to build and monetize games. Learn more about your ad choices. Visit podcastchoices.com/adchoices

After trying for years to replicate the success of its QR code-enabled payments solution overseas, Ant Group seems to have finally found a path to scaling. Learn more about your ad choices. Visit podcastchoices.com/adchoices

PayPal announced Thursday that it will soon support Apple’s Tap to Pay on iPhones. The company said in its Q3 2022 earnings report that both PayPal and Venmo will soon support this tech as a part of its offering. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Patreon creators can now upload videos directly to the platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices

A lot of things might spring to mind when you hear “fashion,” but taking care of the planet generally isn’t on that list. Smartex just raised a couple of bolts’ worth of cash, sowing up a round of funding to bring smart tech to fabric manufacturing. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Magdalena “Mags” Kala, a self-described “lifetime degen,” is no stranger to beating the odds. Before she became an investor, she co-founded an all-female blackjack team that sought to exploit gender bias to make a profit through gaming, she told TechCrunch in an interview. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Indian edtech giant Byju’s is engaging with bankers to put together a plan for the initial public offering of its unit Aakash, which it acquired last year, a source familiar with the matter told TechCrunch. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Volocopter, a German startup building electric vertical takeoff and landing (eVTOL) vehicles, has secured $182 million for the second signing of its Series E round. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Last year YASA, a British electric motor startup with a revolutionary “axial-flux” motor, was acquired by Mercedes-Benz to develop ultra-high-performance electric motors for Mercedes’s AMG.EA electric-only platform. Learn more about your ad choices. Visit podcastchoices.com/adchoices