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A lack of affordable housing is a growing problem worldwide, even in emerging markets with significant demand. That’s in part because traditional developers and real estate companies focus on serving people looking for luxury houses, and want to avoid the immense operating expenses associated with affordable housing, which eat into gross margins over time. Enter
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On today’s episode of Equity, Rebecca Bellan explored Google’s reported talks to acquire Wiz, a cloud security company, for around $23 billion. Wiz provides an “all-in-one approach to cloud security,” pulling data from Amazon Web Services, Microsoft Azure, Google Cloud and others, then scanning it all for security risk factors — something that Google might
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The collapse and bankruptcy of BaaS fintech Synapse has revealed how treacherous things are for the often-interdependent fintech world when one key player hits trouble.  Synapse operated a service that allowed others (mainly fintechs) to embed banking services into their offerings. For instance, a software provider that specialized in payroll for 1099 contractor-heavy businesses used
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Canadian private equity firm PartnerOne has acquired HeadSpin in a fire sale, TechCrunch has learned exclusively. And most of its former employees received nothing for their options, according to multiple sources. HeadSpin is the mobile app testing company whose founder was sentenced to prison for fraud earlier this year. In total, HeadSpin raised $117 million
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Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Sign up here to get it in your inbox every Friday. This week we’re looking at an AI startup that wants to help people get creative with video; Kudos, which raised $3 million to help get rid
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Joby Aviation is still a year away from commercially launching its electric air taxi designed for urban environments, but the startup is already looking toward its next chapter: intercity flight, powered by hydrogen.  To get the conversation started with regulators and demonstrate hydrogen’s capabilities, Joby told TechCrunch that it completed a 523-mile test flight with
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Commonwealth Fusion Systems is shipping a pair of its specialized magnets to the University of Wisconsin–Madison, the startup exclusively told TechCrunch. The move comes years before CFS anticipates starting its demonstration reactor, SPARC. It’s the first such deal, though possibly not the last, suggesting that the fusion sector has matured to the point where it
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When Aizada Marat moved from New York to California in 2018 with her husband, KODIF co-founder and CEO Chyngyz Dzhumanazarov, she needed to sort out her immigration status. That’s when everything started going badly. The Kyrgyzstan-born, Harvard-educated attorney came to the U.S. when she was 17 for an exchange year with FLEX (future leaders exchange)
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Intel could be giving its burgeoning foundry ambitions a much-needed shot in the arm, as the chip giant’s venture capital arm today revealed that it’s making a “strategic” investment in an Israel- and U.K.-based AI construction startup. Intel Capital is leading a $15 million investment into Buildots, a company that uses AI and computer vision
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