Bluesky is continuing to blow up. The Twitter-like service and alternative to Elon Musk’s X, has now surpassed 16 million users after seeing rapid growth in the days following the U.S. presidential election. While many are leaving X over the service’s increasing right-wing leanings and Musk’s campaigning for Trump, others are unhappy with other changes
Fundings and Exits
A 2018 Supreme Court ruling eliminated the requirement that an e-commerce retailer needed a physical location in a state in order for said state to be able to collect sales tax on purchases made by residents. While the decision was a boon for states, it created a headache for e-commerce sellers. Kintsugi is looking to
Soaring private vehicle ownership and declining use of public and non-motorized transport have created mounting traffic congestion in India, the world’s most populous country, which also struggles with relatively narrower roads and inadequate parking facilities in cities. New Delhi recognizes these challenges and has been exploring new ways to address them quickly. Indian Prime Minister
A startup is training an AI system that it claims will enable creators to generate cinematic worlds, with complete control over the scenery, characters, lighting, and motion. How? By having humans strap cameras to their backs and hike around the world. Odyssey, founded by self-driving pioneers Oliver Cameron and Jeff Hawke (Cameron was previously the
Prelude is a relatively new French startup that focuses on SMS verification; it’s announcing new funding from Singular and Seedcamp on Wednesday. The two founders met when they were working for Zenly, a popular location-sharing app with tens of millions of users that was acquired by Snap (and later shut down). While you might not
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato. The listing of the 10-year-old Bengaluru-headquartered firm marks
Anysphere, the company behind AI-powered code editor Cursor, has acquired AI coding assistant Supermaven for an undisclosed sum. Anysphere CEO Michael Truell announced the deal in a post on Cursor’s blog. Supermaven, he said, will enable Anysphere to launch a new version of its Tab AI model that’s “fast, context-aware, and highly intelligent,” especially at sequences
It was 2020, and Nicolas Orban, Stéphane Derosiaux and Stéphane Maarek were beyond frustrated with Apache Kafka. The tool for handling real-time data streams simply couldn’t keep up with the trio’s engineering needs — particularly during the pandemic, when companies were rushing to embrace cloud services. “Many companies were finding it difficult to scale their
Tozero, a Munich-based startup that recovers valuable raw materials from recycled lithium-ion batteries, is gearing up to scale. The startup just closed an oversubscribed €11 million seed round (around $11.7M) to step up production by building its first industrial deployment (A.K.A first-of-a-kind or FOAK) plant. Currently, Tozero’s pilot plant processes nine tonnes of lithium-ion battery
Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian internet stock: Zomato. It will also test the nation’s appetite for IPOs that can scale past the $1 billion mark. For its IPO, Swiggy has already secured $1.4 billion from institutional investors
India, the world’s most populous country and the second-largest internet market after China, is becoming increasingly digitally active. However, this rapid digitization comes with a growing risk of online fraud. Cyber fraud is mounting in India to the point where the Indian government estimates it could amount to 0.7% of the country’s GDP — over
What’s the secret to startup success? Not the trends that so many Silicon Valley founders subscribe to, Andreessen Horowitz general partner VC Martin Casado said to a standing-room-only crowd at TechCrunch Disrupt last week. Before joining the storied VC firm, Casado founded two other companies, including Nicira, a networking infrastructure company he sold to VMware
After a career as an incident investigator with risk management firms like Kroll and FTI Consulting, Aaron Narva (pictured above) was working with a big international bank client at compliance software maker Exiger. He was responsible for monitoring that client’s legal compliance after it had made headlines a decade earlier for a money-laundering scandal. “While
When Skydio, a young maker of drones in San Mateo, California, sent a customer proposal in 2023 to the Las Vegas Metropolitan Police Department, its chief of staff, Mike Gennaro, forwarded the email to VC Ben Horowitz. “Which deployment are you looking to do?” Horowitz wrote back. “Whatever you want, Ben,” Gennaro replied, according to
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 probably wasn’t the best one to make any type of big announcement. But when it comes to startups, there are quite a few contrarians, leaving us
Yelp, which made a name for itself giving restaurant recs, just bought an auto services website. In the company’s earnings report on Thursday, Yelp revealed that it agreed to buy RepairPal, a site for car repair estimates, for $80 million in cash. The acquisition is expected to close by the end of the year, subject
This year, TechCrunch Disrupt 2024 showcased the incredible talent and groundbreaking ideas of our 2024 Startup Battlefield 200 cohort. Out of thousands of applications, we selected 200 of the most promising startups, each bringing unique innovations to their respective industries. The competition culminated in an electrifying event where these startups had the opportunity to pitch
The Federal Trade Commission (FTC) announced on Tuesday that it will be taking action against the online cash app and neobank Dave, which it says used “misleading marketing to deceive consumers.” At issue is how Dave marketed $500 cash advances to consumers that it rarely offered, and the “Express Fee” it charged if customers wanted
Pinstripe aims to reimagine the secondhand market by offering sellers the opportunity to have both a digital storefront and a physical retail presence. Launched in June, the platform offers an alternative approach compared with other marketplaces like Archive, Depop, Facebook Marketplace, and Poshmark. With Pinstripe, sellers take their clothes to local consignment stores, vintage shops,
For this week’s episode of Found we’re taking you backstage at TechCrunch Disrupt 2024. Becca Szkutak had the chance to talk with Dan Lorenc, the CEO and co-founder of cybersecurity startup Chainguard, following their conversation onstage with prominent investors, The Chainsmokers. The pair discuss how the EDM duo’s venture fund MANTIS went from being viewed skeptically by
Amber Hill spent 14 years as a medical researcher. She didn’t mind the work, but there was one thing she consistently hated: administrative tasks. “I think most people do, especially in research,” she told TechCrunch. She would rather be analyzing data or building relationships with patients, she said. “But I was spending so much time
Many people who want to have children can’t, or shouldn’t, carry a pregnancy for a variety of reasons. Gestational surrogacy can be a great option for those individuals — if they can endure the lengthy wait times and afford to pay for the costly service. New York-based Nodal looks to make the process less expensive,
One of the lessons that the wild Silicon Valley venture funding environment of the past few years has clearly taught is this: Bigger valuations are not always better. “I think we’ve all kind of seen the negative impact of having a valuation too high from the last, call it, three years,” Elizabeth Yin, co-founder of
The end of zero-interest rates has driven companies to look for savings wherever they can, but one area continues to be a major budget drain. Observability — collecting and understanding data and systems — typically remains an organization’s second-highest cloud expenditure, right after cloud provisioning itself. People have even gone so far as to talk
At TechCrunch Disrupt, our team sits front and center, furiously typing away at our laptops to publish real-time news from impressive speakers like NFL quarterback-turned-founder Colin Kaepernick, Perplexity AI founder Aravind Srinivas, and Ashton Kutcher. We are a well-oiled machine. Some writers have been covering Disrupt since the old days, before Meta was Meta and
Family offices invest a substantial amount of capital in startups each year. In the first half of 2023, 27% of overall startup deal value came from deals that included a family office investor, according to a recent report from PwC. Despite their prevalence in startup deals, family offices can be a mysterious class of investors
CareYaya, a platform that matches people who need caregivers with healthcare students, is working to disrupt the caregiving industry. The startup, which exhibited as part of the Battlefield 200 at TechCrunch Disrupt, is looking to enhance affordable in-home support, while also helping students prepare for their future healthcare careers. The startup was founded in 2022
Bonobos founder Andy Dunn is back in the builder’s seat, working on an in-person social media platform called Pie. But the biggest lessons he learned from his $310 million Bonobos exit don’t have as much to do with entrepreneurship as they do with staying sane. When Dunn was in college, he was diagnosed with bipolar
Part of the mythology of Silicon Valley is the committed founder driving the company to a blockbuster IPO. In reality, startups are 16 times more likely to get acquired. It’s not an outcome that’s frequently discussed, either. “It’s one of these things that a lot of people don’t really talk about. In Silicon Valley, we
Around the corner is perhaps one of the most important elections this nation has ever seen, yet many people are still unaware of the details needed to cast informed ballots. It’s not necessarily their fault — some voting information can be quite hard to find, especially when it comes to learning about, say, the political
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