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Port raises $100M valuation from $800M round to take on Spotify’s Backstage

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You are at:Home»Venture»Big wins for Latin America, climate tech momentum and $2.3 billion Rover sale
Venture

Big wins for Latin America, climate tech momentum and $2.3 billion Rover sale

techtost.comBy techtost.com2 December 202301 Min Read
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Big Wins For Latin America, Climate Tech Momentum And $2.3
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Listen here or wherever you take your podcasts.

Hello and welcome back to Equity, a startup business podcast where we unpack the numbers and nuances behind the headlines. This is our Friday show and we talk about the biggest startup and tech news of the week.

This week Mary Ann, Kirsten Korosec and Alex Wilhelm were on hand to chew through a veritable mountain of news. Despite today being the first of December, tech news is still dropping at a rapid clip. So for now, there’s a lot to talk about:

  • Self-driving failures: Cruise is set to cut costs after a security mess and increased scrutiny from regulators. Alex hopes that the current set of news doesn’t slow down the progress of self-driving technology.
  • Webull pulls Flink: Free trades aren’t just a business model that’s popular in the United States. Webull takes the Latin American market more seriously with the purchase of Flink.
  • Uber Taxi <3: What are London’s iconic black cabs doing on Uber’s platform? And how long does it take to go from enemies to frenzies?
  • Rover finds the exit: Who would have guessed that dog walking would be worth $2.3 billion?
  • IPOs are heating up again (a little): With Shein and Reddit targeting the IPO market in the coming months, it’s time to get our S-1 boots back on and prepare for some new debuts.
  • Business failures are not death sentences: Levels of venture funding in the EU are declining, but they have not disappeared. And what’s going on Down Under?

We’ll be back on Monday! Chat then!

For episode transcripts and more, head over to Equity’s Simplecast site.

Equity drops at 7am. PT every Monday, Wednesday and Friday, so join us Apple Podcasts, Cloudy, Spotify and all the cast. TechCrunch also has one great show on cryptoone show that interviews founders and more!

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Port raises $100M valuation from $800M round to take on Spotify’s Backstage

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Coinbase starts onboarding users again in India, plans to do fiat on-ramp next year

7 December 2025

Walmart-backed PhonePe shuts down Pincode app in yet another step back in e-commerce

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Port raises $100M valuation from $800M round to take on Spotify’s Backstage

Eclipse Energy’s microbes can turn dormant oil wells into hydrogen factories

Interest in Spoor’s AI bird tracking software is soaring

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