Indonesian crypto exchange Pintu gets $6M Series A led by Pantera, Intudo and Coinbase Ventures – TechCrunch

Along with the stock market, cryptocurrency is also seeing an uptick among retail investors in Indonesia. Pintu, a platform focused on first-time cryptocurrency buyers, announced today it has raised a $6 million Series A, led by Pantera Capital, Intudo Ventures and Coinbase Ventures. Other participants in the round included Blockchain.com Ventures, Castle Island Ventures and…

Interactio, a remote interpretation platform, grabs $30M after seeing 12x growth during COVID-19 – TechCrunch

Interactio, a remote interpretation platform whose customers include massive institutions like the United Nations, European Commission and Parliament along with corporates like BMW, JP Morgan and Microsoft, has closed a whopping $30 million Series A after usage of its tools grew 12x between 2019 and 2020 as demand for online meeting platforms surged during the…

Lordstown Motors slashes production forecast for its electric pickup – TechCrunch

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital, and lower-than-anticipated production of its Endurance vehicle this year – from around 2,200 vehicles…