Month: December 2022

With 2022 in retreat, investors have made no secret that they’re looking for safe investments. In a challenging market with higher interest rates, that’s no surprise, but what might raise eyebrows is where investors think those quality investments lie. Increasingly, it’s in climate tech. The sector had a crazy 2021, and while 2022 may not
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Andre Maciel Contributor Andre Maciel is the founder of Volpe Capital. He formerly worked with J.P. Morgan, and was a managing investment partner at SoftBank. Jennifer Queen Contributor Jennifer Queen is the founder of Pina, a PR firm focused on startups and venture capital firms. Latin American venture capital and growth investments through 2018 had
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Robert Krayn Contributor Robert Krayn is the co-founder and CEO of Talkiatry. Previously, he spent five years as vice president and senior analyst at an investment management firm. Early indications show funding to digital health startups in Q4 2022 fell so much, they’re close to levels last seen in 2019. But the dollar amounts don’t
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Micron Technology gave a lackluster revenue outlook for the current period, indicating the slump in demand for computer components will drag on, and said it will reduce its workforce by about 10% over the next year. Bloomberg Intelligence’s Paula Penkal breaks down the numbers on “Bloomberg Markets: The Close.” Like this video? Subscribe to Bloomberg Technology
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If you’re a parent with young children, then you’ll probably hear this a lot on Christmas Eve: “Where’s Santa right now?” With tracking tools like the NORAD Santa Tracker and Google’s Santa Tracker, everyone can know when Father Christmas will arrive. Here’s how to follow Santa’s journey this Christmas Eve. Track Santa Claus with NORAD
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Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startup backings globally. Reliance Strategic Business Ventures, a wholly-owned subsidiary of Reliance Industries, has acquired a 23.3% stake in Exyn for $25 million, the Indian firm said. The Indian firm’s
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For the last 24 months, Thomvest Ventures recorded headcount data for 150 Series A to C enterprise SaaS startups, and we have the numbers. This report prepared by Eddie Ackerman, Thomvest’s strategic finance operating partner, looks at startup hiring velocity since February 2021 by region, company type and, notably, how much time passed since last
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In case anyone asks, 2022 was all about energy — natural gas, oil, renewables, all of it. Natural gas prices surged early as Vladimir Putin’s poorly thought-out decision to invade Ukraine slashed gas deliveries to Europe. That, coupled with high oil prices, substantially contributed to near-record-setting inflation that forced central bankers to raise interest rates.
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Remember the Apple AirPower charging mat? Announced in 2017, the device was supposed to recharge three devices simultaneously, but Apple never released it, citing engineering issues. Now, Tesla is giving it a shot with the just-announced Wireless Charging Platform. Inside the Cybertruck-inspired aluminum casing is a wireless charging platform named FreePower from a startup called
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We made it! Another year (nearly!) complete. Go team! The end of the year means many things — holidays, food, family, reflection, etc. Around these parts, it also means it’s time for the TechCrunch Favorite Things list. Each year Team TechCrunch puts together a big list of the things that, when we look back over the
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Elon Musk is on the stand defending his $55 million pay package at Tesla. A Tesla investor sued saying he’s being paid too much. Bloomberg’s Ed Ludlow reports. Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of “Bloomberg Technology” with Emily Chang here: Get the latest in tech
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Reliance has backed the Philadelphia-based AI and robotics startup Exyn, the Indian conglomerate disclosed in a stock exchange filing on Thursday, making further inroads in startups globally. Reliance Strategic Business Ventures, a wholly-owned subsidiary of Reliance Industries, has acquired a 23.3% stake in Exyn for $25 million, the Indian firm said. The Indian firm’s investment
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Eddie Ackerman Contributor Eddie Ackerman is strategic finance operating partner at Thomvest Ventures, where he works closely with the company’s portfolio companies to provide valuable financial insight and guidance. Recent headlines have been dominated by announcements of large headcount reductions across the tech industry and especially at giants like Meta, Amazon and Twitter. But it’s
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Text-to-image AI exploded this year as technical advances greatly enhanced the fidelity of art that AI systems could create. Controversial as systems like Stable Diffusion and OpenAI’s DALL-E 2 are, platforms including DeviantArt and Canva have adopted them to power creative tools, personalize branding and even ideate new products. But the tech at the heart
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Rajan “Raj” Moonesinghe (right) and his brother Johann Moonesinghe (left) pictured with their cousin (center). Image Credits: Johann Moonesinghe For years, Austin has made headlines as an evolving tech hub where startups, large companies and investors alike have flocked to set up a presence. But as 2022 closes, the Texas capital is in the news
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To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Well, the weather outside is…entirely dependent on where you are, we suppose. For the purposes of this newsletter, let’s imagine sunshine, some pristine beaches, a lovely gentle cooling breeze, and some piña
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