Eruditus, an Indian edtech startup, is in advanced stages of talks to secure about $150 million in new funding, two sources familiar with the matter told TechCrunch, in what would be the largest fundraise by an Indian education firm in years. TPG, a major private equity player, is discussing to lead the investment, the sources
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Apple will be unveiling new products on September 10, with the announced phones going on sale on September 20, according to a report from Bloomberg’s Mark Gurman. That lineup will reportedly include the iPhone 16, with larger screens on the Pro models and a new button just for taking pictures. The phones should also support
This week, Google joined a $250 million deal with the state of California to support California newsrooms. While the deal offers a much-needed cash infusion for an industry that’s seen crippling layoffs this year, the deal’s been criticized by some as a half-measure — and a cop-out. By agreeing to this deal, Google averts bills
Mical Jeanlys-White built WealthMore out of frustration. She spent years on Wall Street, building products at American Express and serving as a managing director at JPMorgan Chase. She realized the finance industry still had a long way to go when it came to helping consumers build and understand wealth. “Seventy percent of Americans do not
VCs are increasingly buying shares of late-stage startups on the secondary market as they try to get pieces of the hottest ones — especially AI companies. But they are also increasingly doing so through financial instruments called special purpose vehicles (SVPs). Some of those SPVs are becoming such hot commodities that they are commanding premium
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. Despite it being summer, this week was rich with announcements. Let’s dive in. Most interesting startup stories from the week Image Credits: Niharika Kulkarni / NurPhoto / Getty Images No two businesses
AI models are being applied to every dataset under the sun, but are inconsistent in their outcomes. This is as true in the medical world as anywhere else, but a startup called Piramidal believes it has a sure thing with a foundational model for analyzing brain scan data. Cofounders Dimitris Sakellariou and Kris Pahuja have
This week on Equity are some deals that are unusual for a few reasons — some good, some… well, we’ll find out. First up is the $80 million round for Story, which is trying to apply that ol’ web3 magic to AI and talent management. As one investor puts it, “What Bitcoin did for money
Time is running out! These are the last hours to save up to $600 on TechCrunch Disrupt 2024 tickets — offer ends tonight at 11:59 p.m. PT. Join 10,000+ startup and VC leaders from October 28-30 at Moscone West in San Francisco. Be part of one of the year’s most anticipated tech events. Reserve your
Do you have a much-loved jacket with a torn sleeve or pair of grubby kicks gathering dust at the back of your closet? Tingit, a startup out of Lithuania, wants to help people restore their used clothing to its former glory with its newly launched repairs marketplace. The platform lets you use your phone to
Small businesses and startups often lack a dedicated travel desk, forcing executives and founders to rely on human assistants or consuming and cumbersome travel apps. Expedia’s former SVP of consumer product, Michael Gulmann, is betting on AI to bridge the gap. His company, Otto, emerges from stealth Thursday, with plans to launch an alpha version
We’re down to the last 2 days to save up to $600 on TechCrunch Disrupt 2024 tickets! Prices will rise after August 23 at 11:59 p.m. PT. Don’t miss your chance to save big on one of the most epic tech events of the year, happening October 28-30 at Moscone West in San Francisco. Why
When you really probe venture capitalists about investing in AI startups, they’ll tell you that businesses are experimenting wildly but are very slow to add AI solutions into their ongoing business processes. But there are some exceptions. And one of them appears to be an area known as AI sales development representatives, or AI SDRs.
Tens of millions of customer dollars remain unaccounted for at his previous startup, fintech Synapse. But that’s not deterring Sankaet Pathak from forging full steam ahead with his new robotics venture. Foundation is a robotics startup with a self-proclaimed mission “to create advanced humanoid robots that can operate in complex environments” to address the labor
When advertising agencies create ads for clients, they don’t just make one advert, but potentially hundreds of iterations for a ream of platforms, and that can be pretty manually intensive. Creatopy, which automates ad-creation using AI, has now raised a $10 million Series A co-led by European VCs 3VC (based out of Austria) and Point
Formula One teams are looking at a startup called BeyondMath to bring their car construction to the next level. BeyondMath is working in the field of computational fluid dynamics, which attempts to digitally model how an object moves through water or air. But that’s a lot easier said than done – even with excessive computing
Wind and solar power have become so cheap to install, and at times so abundant, that utilities don’t know what to do with it all. Sometimes they’ll even pay the owners of other power plants not to generate electricity. In response, scientists and engineers have been racing to find inexpensive ways to store that power
In 2020, Kathryn Wu launched a side hustle while she was working as a product engineer at Pinterest. Wu started a milk tea company, OhTea, with the hopes of connecting with local grocery stores and gift shops to get them to carry the tea. She quickly realized how difficult it was to not only be
AI giants like Anthropic, OpenAI and Stability AI have faced a lot of heat over how they’ve scraped data and rode rough-shod over others’ intellectual property when training and operating their foundational models. Now, a startup called Story — that’s announcing $83 million in funding — is bidding to rebalance the scales with a blockchain-based
Meet Starpath, a startup that wants to make it possible for you to live on Mars one day. Starpath is building robots that it hopes will be able to autonomously mine liquid oxygen from the moon. That liquid oxygen can then be used to develop fuel for spacecrafts, which could make it possible for humans
Ashesh Shah, the founder and CEO of The London Fund is, as you might imagine, bullish on Bolt. The London Fund is a U.K. venture firm with “over $1 billion in cash and assets” in AUM that is leading a proposed $450 million raise for Bolt, a one-click checkout startup that has been embroiled in
Beats Studio Pro are getting one of AirPods’ best features. A firmware update, noted by 9to5Mac, is delivering multi-user audio sharing, allowing music to be streamed to multiple headphones at once. Apple regularly releases features to its AirPods line before they make their way to the Beats brand. The feature arrived on a number of
August was online publishing platform Medium’s first profitable month — ever. That’s according to Medium CEO Tony Stubblebine, who on Wednesday published a recap of Medium’s recent digital Medium Day 2024 conference. Stubblebine says that Medium had over a million members as of April, and that more members “than ever before” are subscribing to the
FireHydrant, an NYC incident management startup that launched in 2019, announced on Wednesday that it has acquired Blameless, a former competitor. The companies did not share the purchase price. Both companies help SREs (site reliability engineers) deal with the daunting job of keeping software and websites up and running. When things go wrong, they help
Tick-tock! We’re in the last 3 days to save up to $600 on TechCrunch Disrupt 2024 tickets. Lock in these low prices before August 23 at 11:59 p.m. PT. Be part of the 10,000+ innovators, founders and investors gathering at Moscone West in San Francisco from October 28-30. Disrupt 2024 is your chance to scale
Ring announced on Wednesday the next generation of its Battery Doorbell. For $100, customers get extended battery life, color night vision, a head-to-toe view of visitors and a new push-pin mounting system. Head-to-toe HD video was previously only available with the Doorbell Plus and Pro models. Now, according to Ring, the Battery Doorbell provides a
Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic move to enhance its “going out” offerings. The acquisition, among the largest M&A deals among new-age Indian tech companies, encompasses Paytm’s ticketing services for movies, sports, and events. As part of the
Fabric Cryptography, a hardware startup by MIT and Stanford dropouts (and married couple) Michael Gao and Tina Ju, wants to make modern cryptographic techniques like zero-knowledge proof (which lets you prove things without giving up exactly what you know) and fully homomorphic encryption (which enables you to work with encrypted data without decrypting it) ubiquitous.
SleekFlow, a Singapore- and Hong Kong-headquartered social commerce platform that has built a conversational AI suite for customer engagement targeted to Asian markets, said Wednesday it had secured a further $7 million in funding. The money will be used to continue developing its AI, as well as penetrate deeper into Southeast Asia and the Middle
The release of ChatGPT in November 2022 sparked a new wave of AI companies. It also brought attention to the companies that were already building in the space like Etched. Etched co-founder and CEO Gavin Uberti said on a recent episode of TechCrunch’s Found podcast that his company “stands on the shoulders of giants.” While
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