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
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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
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
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;
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