Picture this: Fast-growing startup raises a high eight-figure round. Then, a year later, it decides to raise another. Investors line up, and this time they pledge more money while giving the company a healthy valuation bump. What’s wrong with this picture? It’s 2023, a year in which plenty of investors have rolled up the welcome
Woodoo, a startup working on alternative materials for various industries, has raised $31 million. The company is manufacturing composite materials based on wood so that they can replace common materials like glass, leather and steel. Around two-thirds of the amount raised is an equity funding round led by Chris Sacca’s Lowercarbon Capital with One Creation,
It’s been a whirlwind few years for Oura. The hardware-maker rode the early days of the pandemic to the top of the wearable ranks, establishing itself as the top smart ring maker by a mile. With the promise of detecting early COVID warning signals, the company struck up brand partnerships with some of the world’s
YouTube TV users have long complained of poor picture quality, low bitrate and other issues that impact the streaming experience. The company finally addressed the issues, including an increased bitrate for some live content, a fix for the 5.1 surround sound syncing issue and a major upgrade for the YouTube TV app for Apple TV.
The city of San Jose is authorizing development of Glydways’ Personal Rapid Transit network between the airport and the train station — a network of small autonomous cars operating on a separate roadway. Glydways CEO Mark Seeger joins Caroline Hyde to discuss. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the
“There’s a ton of stuff that really could be impacting the lives of everybody on Earth, that is not making it out of the lab and into practical application,” said David Van Wie, founder and chief investment officer at Aventurine Capital Group. That’s how he summarizes the problem he is trying to solve with his
Welcome to The Interchange! If you received this in your inbox, thank you for signing up and your vote of confidence. If you’re reading this as a post on our site, sign up here so you can receive it directly in the future. Every week, I’ll take a look at the hottest fintech news of the previous
Your first slide is obviously important for a pitch deck; first impressions count, and having a solid introduction goes a long way. It seems that founders often forget that the last slide is just as important. There’s a simple reason for that: Investors easily look at hundreds of slide decks per month, and it’s hard
The pandemic era taught many of us that bikes are a great way to get around cities. Doubly so if they are e-bikes, replete with batteries to help reduce the amount of sweat required to get somewhere. Swytch Technology, a startup that builds e-bike conversion kits, isn’t targeting your average cyclist in the United States
We asked Ryan Reynolds advice he’d give to entrepreneurs. Here’s what he said
“Usually the best way to figure out if your crazy idea is any good is simply to try it. So that’s what we did,” Marc Randolph, Netflix’s co-founder and original CEO, That crazy idea was to send a CD through the mail to learn whether the concept of a mail-order DVD subscription service was practical.
Welcome to the TechCrunch Exchange, a weekly startups-and-markets newsletter. It’s inspired by the daily TechCrunch+ column where it gets its name. Want it in your inbox every Saturday? Sign up here. This week, I look into cybersecurity sales, developer content marketing, and fundraising pitches through a common lens: The importance of understanding your audience and
Some users see the chatbot as a way to supplement traditional mental health services, despite troubling privacy implications. Hugging Face AI Chief Ethics Scientist Meg Mitchell joins Caroline Hyde and Bloomberg’s Rachel Metz for her take on this new trend. ——– Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full
Startup experts! Today’s the last day that you can apply to lead a session at TechCrunch Disrupt 2023 in September. The time has come to stop procrastinating and Get. It. Done! Today’s your last chance to apply to speak at TechCrunch 2023 Why should you drop everything to get that application in by 11:59 p.m.
Photonics is proving to be a tough nut to crack Kyle Wiggers 7 hours The growing compute power necessary to train sophisticated AI models such as OpenAI’s ChatGPT might eventually run up against a wall with mainstream chip technologies. In a 2019 analysis, OpenAI found that from 1959 to 2012, the amount of power used
Meet Primo, a French startup that recently raised a $3.4 million funding round to build a software-as-a-service product that handles the IT needs of small and medium companies. Primo keeps track of your fleet of devices and can then help you manage it without a dedicated IT manager. Headline and Global Founders Capital are leading
Companies collectively spent $61 billion on cloud infrastructure in Q4 2022, and there’s more growth to come. Yet, businesses are poorly protected from losses caused by cloud downtime. “Cloud service providers typically offer service level agreements (SLAs) that outline their commitments to service availability and performance,” AV8 general partner Amir Kabir told TechCrunch+. But while
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hey, TechCrunchers, happy Friday. I hope this is your favorite time of day because Haje and I really enjoy bringing you the news of the day written by the fabulous people we
Founders Pledge is a London-based charitable initiative, where entrepreneurs enter a legally binding commitment to donate a portion of their personal proceeds on liquidity to charity when they exit. Launched all the way back in 2015 the initiative was designed to help social entrepreneurs build and scale their efforts. The minimum commitment for entrepreneurs is
Hello, and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This week we recorded at Early Stage, TechCrunch’s event for founders who are building startups from the ground up. Sadly, our dear friend Natasha Mascarenhas took ill, and we had to lean on
If someone said “startup” while we were playing a word association game, I’d respond with “fundraising.” (I bet you would, too.) Asking people for money is a key aspect of every founder’s journey, but Techstars Managing Director Collin Wallace says it can also “accelerate your demise.” For example, raising a round to rev up engineering,
EU lawmakers in the European parliament are closing in on how to tackle generative AI as they work to fix their negotiating position so that the next stage of legislative talks can kick off in the coming months. The hope then is that a final consensus on the bloc’s draft law for regulating AI can
As Twitter’s legacy blue check mark system finally comes to an end, the social network’s new paid-for verification system is causing more than a little chaos, with CEO Elon Musk himself stepping in to pay for some celebrities’ verification when they refuse to do so. However, another little nugget to emerge from the carnage today
Apple Inc. executives previewed its upcoming mixed-reality headset to the company’s board last week, indicating that development of the device has reached an advanced stage, according to people with knowledge of the matter. Bloomberg’s Ed Ludlow reports.
HUSSLUP, currently an invite-only beta, is a job search and networking app for creative professionals in the media and entertainment industry to connect with studios and production companies looking to hire talent. Today, the company announced a web version of its mobile app. It will roll out widely next week. Much like LinkedIn, HUSSLUP allows
Betterdata, a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 million. The seed round, which it says was oversubscribed, was led by Investible with participation from Franklin Templeton, Xcel Next, Singapore University of Technology and Design, Bon Auxilium, Tenity, Plug and Play and Entrepreneur First.
Largely because of their age, houses in Europe can be notoriously hard to heat. Most were built for an era when the knowledge about energy consumption just wasn’t available in the way it is today. With energy becoming more expensive, and energy security ratcheting-up as a geopolitical issue, tech startups looking at this problem have
A few months after Warner Bros. Discovery (WBD) sued Paramount over the streaming rights for “South Park,” Paramount is now striking back. On Wednesday, April 19, Paramount countered sued WBD, alleging that the company is withholding two required payments of $26 million each, bringing the total unpaid fees to $52 million. “South Park Studios has
Every so often, a new startup crosses your radar and reminds you how exciting hardware can be. It’s a relative rarity in consumer electronics, a category dominated by corporations like Samsung, Apple and Sony, which are (perhaps understandably) somewhat risk averse. Melbourne-based Nura was one such company. I distinctly remember the startup paying a visit
To get a roundup of TechCrunch’s biggest and most important stories delivered to your inbox every day at 3 p.m. PDT, subscribe here. Hello, and Happy Thursday. Just one more day to go for the workweek. Haje is in Boston taking fabulous photos of the activities going on at TechCrunch Early Stage today, so I’m
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