Month: May 2024

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then
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The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized
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Techstars CEO Maëlle Gavet announced on LinkedIn that she is leaving the company at the end of the month for health reasons. Starting today, Techstars co-founder and board chairman David Cohen will become CEO.  Gavet became CEO in 2021 and wrote on LinkedIn that she “would not exchange the last 3.5 years of hard work
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Some startups choose to bootstrap from the beginning while others find themselves forced into self funding by a lack of investor interest or a business model that doesn’t fit traditional VC. FarmboxRx decided to bootstrap because founder Ashley Tyrner didn’t like the advice she was getting from potential backers. Tyrner told TechCrunch’s Found podcast that
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Autodesk — the 3D tools behemoth — has acquired Wonder Dynamics, a startup that lets creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye
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It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why this company managed to raise so much money so quickly is that
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Sonos recently teased that it was set to announce its “most requested product ever.” If you guessed headphones, congratulations. The firm maintains a devoted fanbase, and many people were no doubt eager to see what it would look like were it to apply its expertise to the category. The answer arrives in the form of
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Zen Educate, an online marketplace that connects schools with teachers, has raised $37 million in a Series B round of funding. The raise comes amid a growing teacher shortage crisis both sides of the pond, with a recent report from ADP Research Institute noting that the global pandemic exacerbated the existing supply/demand imbalance due to
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Hard tech startups generate a lot of buzz, but there’s a growing cohort of companies building digital tools squarely focused on making hard tech development faster, more efficient and — well, a whole lot more like software development.  California-based Rollup is the latest startup to come out as part of this ensemble. While the company
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TechCrunch Disrupt 2024 is not just about groundbreaking innovations, insightful panels, and visionary speakers — it’s also about listening to YOU, the audience, and what you feel is top of mind for the tech community. With the Disrupt 2024 Audience Choice Program, your vote can make a difference and propel your favorite thought leaders to
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While many climate investors focus their efforts on breakthrough, deep-tech solutions, Patrick Sheehan at ETF Partners has other ideas. “I’ve actually got nothing against carbon capture and storage, apart from the fact it’s probably going to be commercialized too late,” he told TechCrunch. Instead, Sheehan and his colleagues are diving into more software-centric companies that
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The Consumer Financial Protection Bureau is suing SoLo Funds, a fintech company that enables peer-to-peer lending, alleging that the company used “digital dark patterns” to deceive borrowers and illegally took fees while advertising to consumers that there were no fees. “The CFPB is suing SoLo for using digital trickery to hide interest and fees on
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