Daily Crunch: Plaid product updates signal push to ‘own’ more of the account funding process – TechCrunch

Daily Crunch: Plaid product updates signal push to ‘own’ more of the account funding process – TechCrunch

It’s Wednesday, May 18, 2022, and we are hanging out at our Mobility event, ogling cars that fly, drive themselves and have various identity crises. Wish you were here if you’re not, and hope to run into you if you are! — Haje and Christine
The green, green grass of climate investing just got a $1.7 billion boost from Generation Investment Management, a sustainability-focused public and private equity firm co-founded by Al Gore.
Over on TC+, Alex wonders, in a world where everything is a little overpriced, whether crypto startups are suffering from being even more mispriced than their non-crypto siblings.
Ugh, we really do get to work with some of the smartest, most thoughtful humans. This week, on Equity, Natasha asks how digital health startups build successful businesses in a post-Roe world.
More? You want more? Alrighty, then:

Well bought construction workers building house

Image Credits: Donald Iain Smith (opens in a new window) / Getty Images

Image Credits: Donald Iain Smith (opens in a new window) / Getty Images
The technological advances we’ve made over the last 2,000 years are stunning, but the construction industry still relies on centuries-old technology.
Configuring a robot to mix cement is relatively easy, but delivering a CementTron 3000 to a job site, training workers and keeping it maintained are not the kinds of disruptions builders are looking for — especially when margins are thin and workers are hard to find.
Even so, investors are backing startups bringing robotics, data management, automation and augmented reality into the construction process. To learn more about the market forces shaping this sector in 2022, we spoke to five investors:
(TechCrunch+ is our membership program, which helps founders and startup teams get ahead. You can sign up here.)
5 construction tech investors analyze 2022 trends and opportunities

It’s apparently “new features day” (though we guess that could be every day with the way Big Tech is slinging them around). Here’s what we saw:
Speaking of Apple, the tech giant is running a new ad campaign targeting data brokers. In it, the company highlights ways it is enabling its users to take back their private information. Meanwhile, over in Spain, the country slapped Google with a €10 million fine for not being in compliance with the EU’s data protection program.
Over in India, Amazon launched Smart Commerce, which is a way for neighborhood stores to join the digital storefront wave by creating their own e-commerce sites. It’s certainly something moving through Latin America, so we’ll see how this plays out in India, where 30 million stores are up for grabs.

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