Colossal CEO Ben Lamm joins Caroline Hyde and Ed Ludlow to discuss how the biotechnology startup, which reached a valuation said to be over a $1 billion, promises to resurrect the most famously extinct animal of them all: the dodo. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full
Month: February 2023
W elcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. “It’s not either usage-based or subscription pricing,” VC firm OpenView wrote in its second State of Usage-Based Pricing report. These hybrid approaches call
Welcome to Startups Weekly, a nuanced take on this week’s startup news and trends by Senior Reporter and Equity co-host Natasha Mascarenhas. To get this in your inbox, subscribe here. Toward the end of 2022, a number of entrepreneurs, some citing Elon Musk, told me that they’re bringing back an in-person work culture in the
Happy weekend, folks, and welcome back to the TechCrunch Week in Review. Henry here, standing in for a vacationing Kyle Wiggers, who is standing in for a parental-leaving Greg Kumparak. Listen, we’ve got a deep bench, and both blokes will be back very soon. Until then, check out just a few of the top stories
Information is power, especially when you’re just beginning your startup journey. Whether you’re in the idea stage or building on the friends-and-family plan or preparing to pitch investors, it’s imperative to understand the shifting VC funding landscape as you plan for future growth. It’s no secret that funding is harder to come by in this
Toward the end of 2022, a number of entrepreneurs — some citing Elon Musk — told me they planned to bring back in-person work culture in the following year to help promote productivity and, in some cases, loyalty. One founder even told me over drinks that they weren’t worried about losing talent — claiming that
Today, Netflix announced that Premium members can now download content on more devices and use spatial audio for more than 700 titles. Both upgraded features are available at no extra cost. Premium subscribers are able to download Netflix titles to watch offline on six devices at a time. Previously, the plan would only allow downloads
The venture secondaries market has been on the same roller-coaster ride as the broader VC market over the past few years, but it looks poised to break away in 2023. Like venture capital as a whole, the secondaries market was hot in 2021 as a bunch of new players — sound familiar? — entered the
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. Friday, cha cha cha! Fri-day! Cha cha cha! We’re doing a tiny, joyous, two-person conga line around our virtual Daily Crunch editorial Zoom meeting to celebrate the arrival of the first weekend
Rebellyous, a startup that’s striving to build “a better chicken,” has raised at least $20 million in fresh funding, TechCrunch has learned. Based in Seattle, the venture-backed company calls its production tech the “most advanced plant-based meat manufacturing system on the planet.” Rebellyous aims to raise as much as $30.7 million in total, according to
“So, I was at the store the other day, and as I’m checking out, the cashier asks me if I have any coupons, and I say, ‘No coupon problem!’” recalls a pixelated, barely three-dimensional figure that vaguely resembles Jerry Seinfeld. “So I’m walking down the street, and this guy comes up to me and says,
Feb.04 — Peter Rawlinson, Lucid Motors Inc. chief technology officer, discusses the company’s plans for its first electric vehicle. He speaks with Bloomberg’s Emily Chang on “Bloomberg Technology.”
In October last year, Sendy, a Kenyan logistics scale-up, wound up its supplies service, which enabled retailers to purchase FMCGs directly from manufacturers, saying it was directing all its focus on its end-to-end fulfillment offering. Months later, the company is ceasing on-ground operations in Nigeria, one of its four markets in Africa. This means that
I found an old leather jacket in the back of a closet recently. It’s a vintage item in fantastic shape — except for a huge tear in one of the front pockets. Two clothing donation centers rejected it, so I decided to see if it’s worth repairing. It was pricey when new, but with some
Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week Natasha Mascarenhas and Becca Szkutak took to their mics to sing a duet about this week’s startup news. Just kidding! But we did highlight some fun companies raising capital and talked
The U.K. government is seemingly backtracking on plans that would have allowed text and data mining “for any purpose,” plans designed to position the U.K. as a “global AI superpower.” The news emerges following months of blowback from creative industries concerned about what impact the rules might have on protected works. Background Text and data
Nature is healing, the tech show is returning to in-person events. I’m not sure I’m entirely over CES less than a month after returning from Vegas, but we’re already in full planning mode for TechCrunch’s return to Barcelona. We’ll be sending an extremely scaled-down team to this year’s event, but while we’re in Catalonia, we’d
Amazon detailed the costs of its content business during its fourth-quarter earnings on Thursday, citing that its content expenses jumped to $16.6 billion in 2022, a 28% increase from $13 billion in 2021. According to Chief Financial Officer Brian Olsavsky, around $7 billion of that figure went toward Amazon Originals, live sports programming and licensed third-party
Samooha, a startup developing a “cross-cloud” data collaboration platform, today announced that it raised $12.5 million in a funding tranche backed by Altimeter Capital and Snowflake Ventures, among others. CEO Kamakshi Sivaramakrishnan says that the cash infusion — Samooha’s first — will be put toward product development and hiring; the plan is to grow the
Dmytro Bilash Contributor The EU will invest €13.5 billion in research and innovation for 2023-2024 as part of the Horizon Europe program. For the first time in the program’s history, it will include targeted support for Ukraine. This is one of the first real steps toward Ukraine’s integration with the EU and I can’t be
SunFi, the Nigerian clean tech startup that connects people and businesses who want solar energy access to payment plans that match their needs, has raised $2.325 million in seed funding. The self-described energy financial tech platform received backing from lead investors Nairobi-based Factor[e] and SCM Capital Asset Management and participating investors such as Voltron Capital,
Marketo, which was developed — among other things — to enhance marketing around social media users, ended up being acquired by Adobe. Now a new startup hopes to do what Marketo did in Web 2.0, but this time in web3. Addressable has a digital fingerprinting startup that claims to be able to match anonymous crypto
It there’s one thing Nothing’s first phone excelled at, it was bringing a bit of excitement to the staid world of smartphones. Shipments have been stagnating, slowing and contracting for the past several years, and are now at some of their lowest numbers in roughly a decade. The Phone (1) wasn’t a revolution, but it
Netflix and General Motors announced today that the streaming service will join the automaker’s “Everybody In” campaign that aims to accelerate mass adoption of electric vehicles. As part of the partnership, the streaming service says it will increase the presence of EVs in Netflix-produced TV shows and movies, where relevant over the course of the
There’s no denying that the robotics startup world has taken a hit during the ongoing economic downturn. Recent numbers prove what we’ve all suspected for some time. But two things are true: 1) The lull is temporary; and 2) While robotics isn’t recession-proof, construction might as well be. This is certainly a theme of late
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PST, subscribe here. On the one hand, we could be upset that Punxsutawney Phil saw his shadow, but the sun hasn’t come out where Christine lives for several days, so she’s pretty stoked that wherever
Given our general reliance on something called “food” you’d think the issue of pollination — and its general decline — might be higher up the world’s agenda. Over 80% of crops require insect pollination, but growers can no longer rely on the dwindling wild bee population. But it’s a complex problem. Pollinating crops with honey
TikTok today is announcing several changes to its service, including what it claims will be increased enforcement against bad actors as well as tests of new user-facing tools that will force a refresh of the app’s main algorithmic feed, known as the For You feed. The company said the changes are focused on keeping the
Nikola CEO Michael Lohscheller joins Ed Ludlow to discuss the EV maker’s 2023 outlook, supply chain challenges, and the importance of owning its own batteries. ——– 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 from Silicon
Most of the pitch deck teardowns to date (here’s a handy list of the more than 30 we have published so far) have been for institutional funding rounds, typically in the millions or tens, even hundreds of millions of dollars raised. Those are interesting to look at, of course, but I also know that many