Xeneta raises $80 million to build a real-time analytics platform for freight and air • TechCrunch

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Only one Mike Butcher just celebrated its 15th anniversary at TechCrunch. These days you get less for murder, so that’s a hell of a milestone, and (as far as we know) he’s not even serious to maim, much less murder, anyone . Great, Mike. Glad to have you here with us! – Christine and Haje

TechCrunch’s Top 3

  • Community resources in the shipping world: Backers have given Xeneta $80 million, at a valuation of $265 million, for the Norwegian-based company’s crowdsourcing approach to determining freight rates. air and sea, Ingrid report. Xeneta has acquired 300 million data points from more than 100 of the world’s largest shipping companies to calculate market prices for certain routes.
  • Turn on the sound: Sound floor just got a boost – Sonos’ new Sub Mini Subwoofer is on sale October 6 in select markets. Darrell there are many more.
  • Keep getting that wallet: Digital wallet just getting some open source love, Paul report. The Linux Foundation created the OpenWallet Foundation to develop interoperable digital wallets and grow them from a place just to hold your currency to essentially an alternative physical wallet.

Start-ups and VC

Meta Platforms is taking a look at India’s burgeoning startup ecosystem as they ramp up their bets on the metaverse. The social initiator has partnered with the Indian Ministry of IT’s startup hub to launch an accelerator in the country to expand innovation in emerging technologies, including augmented and virtual reality, Spanish report.

Following the conclusion of the Ultimaker/MakerBot merger this week, the combined company will announce a new name. The entity will be called [drumroll, please] UltiMaker. Yes really. As for the merged names, it’s not a particularly interesting name, because Brian comments in his article – but the executive handshake has some more intriguing details in it: MakerBot CEO resigns and Ultimaker CEO resigns.

You sold your company. So what now?

A folded dollar bill slips into the front pocket of a pair of jeans.

Image credits: Nodar Chernishey / EyeEm (Opens in a new window) / Beautiful pictures

According to Marjorie Radlo-Zandi, regular TC+ investor and collaborator, Marjorie Radlo-Zandi, Marjorie Radlo-Zandi, TC+ investor and collaborator regularly scaling a company is a real achievement. event, but that’s not the end.

“You might be wondering if buyers really understand your product, your values, your culture, or their needs to drive business,” she writes. “Employees will wonder if there is room for them as part of another company.”

In her latest column, she shares “six guiding principles that will help set up a successful trade” and help you achieve your full earnings.

(TechCrunch+ is our membership program that helps founders and startup teams rise to the top. You can register here. Use code “DC” for a 15% discount on annual subscription!)

Big Tech Inc.

It’s a Twitter kind of a day! Elon Musk may be regretting one of his choices, but today most Twitter shareholders are confident about their choice – they got the green light for Musk’s $44 billion buyout offer, Taylor write. Paul tell us that Twitter and Musk to appear in court on October 17 to see if the social media giant can get Musk to make his purchase. In other Twitter news we enjoyed Zacklook at What was discovered about the company when Peiter Zatko, who can now go by “Mudge” and everyone knows who it is, testified before Congress. Also today, Aisha Report on Twitter release podcast for Blue subscribers.

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