EVA, the platform that connects event bookers with local performers, has secured $2 million in funding as the popularity of in-person events comes back in full force. The round, which the Nashville-based startup says was more than double the target amount, values EVA at $15 million. The recent round is timely as event organizers are
Month: September 2024
Famed Silicon Valley startup accelerator Y Combinator on Wednesday kicked off its two-day “Demo Day” event that showcases what the most recent YC batch, S24, companies are building. Unsurprisingly, AI companies dominated the day, with startups looking to apply the technology to problems like estate planning and settlements, Elayne; automating clinical trial data, Baseline AI;
A billion dollars of venture capital will be invested into European defense technology in 2024, a first for the continent, and a five-fold increase since 2018. The investment comes as a result of both increasing geopolitical unrest and the brutal invasion of Ukraine by Russia. The data, contained in a new Dealroom report, shows that
When it comes to fusion power, there are two basic approaches: One, create a small star here on Earth that’s held in place by powerful magnetic fields. Two, use intense lasers to make a succession of even smaller stars, but repeat the process several times per second. Moritz von der Linden likes his odds with
When seed-focused Pear VC raised a $432 million fund last year, the firm co-founder Pejman Nozad said that it meant his firm had reached its “own product-market-fit.” That fourth fund was nearly three times larger than its previous $160 million fund. The 11-year-old firm wants to help emerging venture funds follow in Pear’s footsteps. On
Japan has always been a strong market for bringing technology into the experience of consuming food, and now one of the startups leading on this idea is attracting investors from across the ocean. Dinii, which lets diners order food from restaurants and shops through a mobile platform, has raised $48 million (7.46 billion JPY). Bessemer
Toyota Ventures started in 2017 to help startups figure out what the future will look like, with an eye towards ensuring Toyota as an automaker and brand would stay at the forefront of innovation. While the firm initially targeted mobility startups, the crossover into climate tech was a natural progression. Today, Toyota Ventures has over
Hidden among the Meta Connect 2024 hardware announcements comes word that the social media giant is sunsetting two key members of its Quest VR headset line. With the budget Quest 3S now up for preorder, Meta will no longer sell the Quest 2 and Quest Pro once back stock is deleted. The end of the
Back in 2019, Microsoft launched Dapr, a new open-source project that made building event-driven distributed applications easier for developers. Like so many popular open-source projects, Dapr spawned its own ecosystem, especially after Microsoft donated it to the Linux Foundation. And as is also so often the case, some of the creators of Dapr — and
Y Combinator CEO Garry Tan wants to bring the famed accelerator’s Demo Day presentations back as in-person events by the end of the year. During Tan’s opening remarks during Wednesday’s YC summer cohort Demo Day, he said this week’s Demo Day presentations will, “knock on wood,” be the final ones held entirely online. Tan added
As a fuel, hydrogen has a lot going for it. You can burn it for heat to replace coal, you can run it through an electrolyzer to generate electricity, and you can use it to refuel a vehicle as quickly as gasoline or diesel. But it’s challenging to get hydrogen to where it’s needed. As
At its annual Meta Connect event on Wednesday, Meta CEO Mark Zuckerberg announced that the company has rebuilt its social apps for mixed reality. “We’ve got all new Instagram and Facebook experiences to bring your feeds and your Reels with you into mixed reality,” Zuckerberg said. “A really nice interface so you can lean back
Time is running out to grab savings of up to $600 on individual tickets for TechCrunch Disrupt 2024! This limited-time offer ends on September 27 at 11:59 p.m. PT, so now’s your last opportunity to score a great deal before the final countdown begins. Disrupt 2024 is the ultimate gathering for the startup world. From
Getting healthy is big business these days. Now a startup that’s come up with a unique approach leveraging tech to help people with their exercise regimes is announcing a big round of funding, putting some weight behind its own push for growth. Munich-based EGYM — a maker of connected fitness equipment and personalized training tech
James McGinniss has been obsessed with decarbonization and the energy grid since he was a high schooler over a decade ago. Now, his startup David Energy has a lofty goal: getting the energy grid to run entirely on clean energy in the next 10 years. Brooklyn-based David Energy is a software-enabled retail energy provider. It
While some tech companies have lofty goals to transform drug discovery through AI or to mine metals from astroids, others set out to solve very annoying pain points average people feel everyday. Tennibot fall into the latter category and wants to pick up your tennis balls for you. Tennibot co-founder and CEO Haitham Eletrabi said
It must be M&A season. Commvault, a publicly traded data protection and management software company, announced Tuesday that it intends to acquire data backup and recovery provider Clumio for an undisclosed sum. The deal is expected to close in early October. Commvault says it’s not material to its earnings and that it’ll be funded with
Jim Adler, founder and general partner at Toyota Ventures, is concerned that climate technology gains could fall into the “valley of death” if companies fail to drum up enough demand to survive. And he’s not wrong to be worried. Climate tech investments in the first half of 2024 dipped for the second consecutive year, both
The original Insta360 Link entered the world fully formed. $299 price tag aside, I had no major complaints about the webcam in my 2022 review. Two years later, the Shenzhen-based consumer optics company has debuted its successor — two of them, in fact. In my review, I noted that the Link’s steep price tag was
ByteDance said it is shuttering its music streaming service, TikTok Music, in November. “We are sorry to inform you that TikTok Music will be closing on 28 November 2024,” a notice on TikTok Music’s website reads. The service was available in Indonesia, Brazil, Australia, Singapore and Mexico. Subscribers can continue to use the service until
If your startup is only remotely related to working with data pipelines, you’re probably trying to figure out how to capitalize on the current moment: Enterprises are trying to figure out how to best use data to power generative AI products, and to do that, they need robust data services. Airbyte, which launched in 2020,
Isabella Vincenza, one of CloudKitchens’ earliest employees, never imagined she would be suing her now-former employer. Hired as a full-time salesperson in 2018, she became a mainstay at President’s Club dinners hosted by CEO Travis Kalanick at his Bel Air home throughout 2020 and 2021. These dinners were prized, invite-only events for top salespeople at
When is raising $14 billion not enough? When you’re a battery startup. Northvolt, Europe’s attempt at building a competitor to Asia’s battery manufacturing powerhouses, announced on Monday that it had halted work on a factory expansion and laid off 1,600 employees, or about 20% of the workforce. The company was planning to expand its Ett
Few hardware startups have ramped up to a full product line as quickly as Nothing. The London-based firm announced on Tuesday yet another take on earbuds with the Ear Open. As the name suggestions, these are open-ear devices, designed to maintain a sense of situational awareness, rather than the drown-out-the-world approach of active noise cancelation.
Like much of the podcasting world, we loved the Rodecaster Pro when it launched toward the end of 2018. It’s taken a half-dozen years, but microphone-maker Rode is finally extending the user-friendly line into the world of video. The Rodecaster Video faces much stiffer competition than the original Pro board did. In this post-pandemic age
Autonomous electric aviation startup Pyka is working hard to scale up its crop-dusting and cargo plane lines, but it has attracted a lucrative new suitor: the Pentagon. The promise of a climate-friendly dual-use self-flying plane was also too great for investors to resist, resulting in a new $40 million B round. Pyka started in 2019
The countdown to TechCrunch Disrupt 2024 is on, and so are rebooted ticket prices! Save up to $600 on individual ticket types before September 27. Take advantage of these huge last-minute discounts while you still can. Disrupt 2024 is where the startup ecosystem converges. Taking place at Moscone West in San Francisco from October 28-30,
After taking on water during the pandemic, Zin Boats is back with a bigger, better electric watercraft that it has built from the hull up — again. And with the first craft off the line going to none other than Bill Gates, the company’s plan to power a new generation of clean, high-tech boats has
WordPress hosting service WP Engine on Monday sent a cease-and-desist letter to Automattic after the latter’s CEO Matt Mullenweg called WP Engine a “cancer to WordPress” last week. The notice asks Automattic and Mullenweg to retract their comments and stop making statements against the company. Today WP Engine sent what is called a “cease and
With TechCrunch Disrupt 2024 right around the corner, we’re thrilled to introduce the companies hosting Side Events that will extend the buzz and excitement to the thousands of attendees and Silicon Valley locals alike. Whether it’s a fun happy hour, insightful panels, or energizing morning runs, Disrupt Week — happening from October 26 to November
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