From Keith Rabois to Ethan Kurzweil, a lot of VCs have switched firms or spun out of storied VC institutions to launch their own funds this year. These employment changes are surprising because unlike in many other fields, venture capitalists don’t traditionally move around very much — especially those who reach the partner or general
Month: September 2024
Microsoft made waves last week when it announced a deal with Constellation Energy to restart a nuclear reactor at Three Mile Island to meet its surging data center power needs, bucking the power source’s seemingly terminal decline. In the last decade, seven nuclear reactors have been decommissioned in the U.S., while only two new ones
A startup called Letta has just emerged from stealth with tech that helps AI models remember users and conversations. Created in UC Berkeley’s famed labs startup factory, it also announced $10 million in seed money led by Felicis’ Astasia Myers, at a $70 million post-money valuation. Letta is also backed by a who’s who of
Two of the industry’s most famous sisters, Erin and Sara Foster, sit down alongside business partner Phil Schwarz at TechCrunch Disrupt 2024 to talk about consumer investing, culture curation, and what it means to be a creator in the modern age. Moderated on the Disrupt main stage, the conversation will surround the creator economy, consumer
Rivian has revealed the first $10 million worth of grants from the Rivian Foundation, just three years after promising to make the “natural world” a “stakeholder in our success.” The company launched a website for the foundation on Monday that details 41 grantees who will collectively receive just north of $10 million in funding. The
French startup Jump, a modern take on the concept of umbrella companies in France, has raised €11 million (around $12 million at current exchange rates) in a Series A funding round. Jump offers full-time contracts to freelancers looking for some stability and the benefits involved with a full-time job. It only acts as an administrative
With the perennial tensions between proprietary and open source software (OSS) unlikely to end anytime soon, a $3 billion startup is throwing its weight behind a new licensing paradigm — one that’s designed to bridge the open and proprietary worlds, replete with new definition, terminology, and governance model. Developer software company Sentry recently introduced a
The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies
Jony Ive, the legendary designer who left his full-time role at Apple five years ago, is working on a new startup with OpenAI and its CEO Sam Altman. The collaboration was first reported last year, and Ive confirmed it in a New York Times profile about what he’s been up to since leaving Apple. If
When it comes to climate change, there’s no such thing as a “get out of jail free” card. But there might be an inexpensive alternative: direct air capture. The technology isn’t exactly an exoneration, but more like community service; it promises to suck massive amounts of carbon dioxide out of the atmosphere, atoning for our
One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash transaction. The acquisition also includes the Studio 6 extended stay brand and is expected to close in the fourth quarter of
A hopeful entrant in the emerging market of electric watercraft is out of action and being sold for parts. Pure Watercraft was founded in 2011 with the intention of replacing gas-based outboard motors with fully electric ones. We covered the company in 2016 when it began taking preorders for its first commercial outboards, and in
Moksha’s meditation tool aims to kick traditional breath work exercises to the curb. As most breathing tools on the market are designed to do, Moksha aims to help train you to breathe longer and deeper, which studies have shown naturally calm you down, relax your muscles, slow your heart rate, and stabilize your blood pressure. The
We’ve rebooted regular ticket prices for TechCrunch Disrupt 2024, giving you one last chance to save big before the event. Enjoy up to $600 off individual tickets until September 27. Disrupt 2024 is the ultimate startup hub, taking place at Moscone West in San Francisco from October 28-30. Join 10,000 startup, tech, and VC leaders;
As the startup landscape evolves, so do hiring strategies. With Big Tech downsizing and the labor market tightening, founders must navigate a conservative job market to attract and retain top talent. The hiring landscape in 2025 will offer challenges and opportunities for those who can adapt. Founders now hold increased leverage, but respect for staff
Industrial heat, which is used by companies as diverse as breweries and food processors to chemical manufacturers and paper mills, is one of the last bastions of fossil fuels. After all, it’s pretty hard to beat a flame when you need to heat something up. But recently, a slew of startups have started exploring ways
Apple’s iPhone 16 is out, but the company hasn’t made its iOS 18 Apple Intelligence features available to users just yet. In July, Apple rolled out these features to users on the iOS 18 developer beta and added the AI features for public beta users earlier this week. However, if you are not using this
Indian filmmaker Ram Gopal Varma is ditching human musicians for artificial intelligence, saying he’ll use only AI-generated tunes in future projects, a move that underscores AI’s growing reach in creative industries. The filmmaker and screenwriter, known for popular Bollywood movies including Company, Rangeela, Sarkar, and Satya has launched a venture, called RGV Den Music, that
Kirsten Korosec, Devin Coldewey, and Rebecca Bellan got back on the mic for the latest episode of Equity to discuss several weird things and at least one cool thing. First, the crew talked about the least weird thing of the week: how nice it is that Cohere co-founder Nick Frosst has a band that people
Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style
The federal government is handing out another $3 billion to startups in the buzzy battery tech sector. The investment, which the Biden administration announced Friday, is the latest injection of capital to come from a $16 billion pot that the Department of Energy set aside to build out local battery manufacturing, processing, and recycling facilities.
The iPhone 16 officially goes on sale Friday. But for its earliest adopters, it arrives with a fundamental compromise baked into the deal. Put simply, this is not the iPhone 16 that they were promised. Tim Cook said it would be the “first iPhone built for Apple Intelligence.” But that “for” is key: The handsets
X went back online in Brazil earlier this week, three weeks after Elon Musk’s platform was blocked under orders from Brazil’s Supreme Court. That prompted Brazil’s top court to fine X Corp. nearly $1 million for every day the platform remained accessible in the country. However, Cloudflare’s CEO Matthew Prince tells TechCrunch that X going
Keep the energy of TechCrunch Disrupt 2024 alive and leverage your brand by hosting an after-hours Side Event. Act fast — today is your last chance to apply! Showcase your brand to 10,000 Disrupt attendees and the vibrant Bay Area tech scene during “Disrupt Week” — taking place from October 26 to November 1. From
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week brought reassuring signs that dealmaking is still happening on both sides of the table. New unicorns are being minted, and more capital is flowing into
The data centers that train all the large language models behind AI consume unimaginable amounts of energy, and the stakes are high for big tech companies to ensure they have enough power to run those plants. That’s why Microsoft is now throwing its weight behind nuclear power. The tech giant on Friday signed a major
The Plaud.AI pin took up mercifully little space in my carry-on. It also presented an opportunity to kill two birds: I was flying across the country and knew I would be taking copious notes. If you’ve been in a meeting with me, you know I bring my laptop without fail. My dumb brain needs to
YouTube is now testing a new feature that will let creators edit their videos to remove age restrictions and restore videos that had been impacted due to certain Community Guidelines violations. Until now, if a video received an age restriction label or was removed for breaking YouTube’s Community Guidelines, creators had to go through an
When Elon Musk published Tesla’s first “master plan” in 2006, it seemed a bit far-fetched that batteries would end up changing the automotive industry, much less global power production and consumption. Today, as electric vehicles continue to gain market share and massive batteries displace smoke-spewing power plants from the electrical grid, that notion seems less
Physics Wallah, an Indian edtech startup, has secured $210 million in fresh financing amid a tough funding environment for edtech companies in the country following the collapse of Byju’s, once the biggest company in the space. Physics Wallah said on Friday the Series B round was led by the hedge fund Hornbill Capital, a venture
- « Previous Page
- 1
- 2
- 3
- 4
- 5
- …
- 9
- Next Page »