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07:43 13.11.2024

Swiggy debut fuels India’s food, quick commerce wars

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 […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

383 techcrunch.com

00:11 13.11.2024

The Rivian-Volkswagen joint venture deal is now up to $5.8B

Rivian and Volkswagen Group have finalized a multi-billion-dollar joint venture to develop software, paving the way to let the German auto giant leverage the EV startup’s more technical chops in the coming years. Volkswagen will invest up to $5.8 billion by 2027, about 16% more than when the deal was first announced in June. Volkswagen […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

383 techcrunch.com

18:00 12.11.2024

This USB-C mouthpiece turns your phone into a musical instrument

Artinoise, the Italian startup behind re.corder — a smart device reimagining the traditional plastic recorder we all played in school — has introduced its latest product: Zefiro. The portable device, shaped like the mouthpiece of a recorder, can be plugged into any smartphone, tablet, or PC with a USB-C port, effectively transforming into a musical […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

364 techcrunch.com

18:00 12.11.2024

Bounce bags $19M to expand its traveler convenience network

Luggage storage as a vector for piling into convenience-based revenue opportunities in the business of global travel continues to put a spring in San Francisco-based Bounce‘s step. The startup has just tucked $19 million in Series B funding into its suitcase, with a plan to keep rolling revenue that’s grown 20x since its $12M Series […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

348 techcrunch.com

17:09 12.11.2024

Generative AI startup Writer raises $200M at a $1.9B valuation

Writer has raised $200 million at a $1.9 billion valuation to expand its generative AI platform. The round was co-led by Premji Invest, Radical Ventures, and ICONIQ Growth, with participation from investors including Salesforce Ventures, Adobe Ventures, B Capital, Citi Ventures, IBM Ventures, and Workday Ventures. Writer CEO May Habib says that the new cash, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

362 techcrunch.com

17:00 12.11.2024

General Catalyst and Khosla Ventures back data mapping startup Lume

Data integration is a necessary part of many workflows from onboarding customer data to exercising payroll, but for many data sets the process is long and manual. Data is siloed into databases and SaaS applications that each keep the information in different formats, which makes it difficult to move information from one database to another. […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

273 techcrunch.com

16:08 12.11.2024

Red Hat acquires AI optimization startup Neural Magic

Red Hat, the IBM-owned open source software firm, is acquiring Neural Magic, a startup that optimizes AI algorithms to run on commodity processors. The transaction is subject to applicable regulatory reviews and other customary closing conditions. The terms weren’t disclosed. © 2024 TechCrunch. All rights reserved. For personal use only.... →

255 techcrunch.com

16:01 12.11.2024

PointFive snaps up $20M for breakthrough tech to track usage across multiple clouds

Enterprise spend on cloud services continues to go up, up, up — to the tune of $675 billion this year — thanks to organizations’ firm embrace of software-as-a-service, the popularity of distributed working, and the arrival of compute-intensive tech like AI. A startup called PointFive that believes it has found a better way to get […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

273 techcrunch.com

11:53 12.11.2024

Fleek, a marketplace for wholesale second-hand clothes, sews up $20M

Second-hand clothing has exploded as a category over the past couple of decades. A London startup that’s built a first-of-its-kind platform to improve how this very fragmented industry operates is now announcing funding to double down on the opportunity. Fleek, an online marketplace that connects second-hand clothing wholesalers with those who sell it at retail, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

267 techcrunch.com

08:00 12.11.2024

As demand for lithium explodes, battery recycling startup Tozero sprints to scale with $11.7M seed

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 […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

368 techcrunch.com

02:30 12.11.2024

Lightspeed doubles down on Wheelocity as it pivots to rural India commerce

415 techcrunch.com

16:28 11.11.2024

From self-driving cars to AI that writes enterprise software: Cogna founder raises $15M

A founder who was an early mover in the race to build autonomous vehicles has raised $15 million for his next act: a startup that claims its AI can write enterprise software on its own. Cogna — as the U.K.-based startup is called — is led by Ben Peters, the technical co-founder of FiveAI (the […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

615 techcrunch.com

22:30 10.11.2024

Equal has a plan to fight India’s growing cyber fraud problem

Equal, an Indian startup founded by Keshav Reddy, has raised $10M in its maiden funding round led by Prosus Ventures to scale identity verification and financial data sharing. © 2024 TechCrunch. All rights reserved. For personal use only.... →

512 techcrunch.com

18:00 09.11.2024

Productivity hacks are overrated, says a16z VC who sold his own startup for $1.25B

What’s the secret to success? It isn’t any of the trends that so many founders in Silicon Valley subscribe to, a16z's Martin Casado says. © 2024 TechCrunch. All rights reserved. For personal use only.... →

788 techcrunch.com

03:42 09.11.2024

OpenAI loses another lead safety researcher, Lilian Weng

Another one of OpenAI’s lead safety researchers, Lilian Weng, announced on Friday she is departing the startup. Weng served as VP of research and safety since August, and before that, was the head of the OpenAI’s safety systems team. In a post on X, Weng said that “after 7 years at OpenAI, I feel ready […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

868 techcrunch.com

03:15 09.11.2024

Upwind, an Israeli cloud cybersecurity startup, is raising $100M at a $850-900M valuation, say sources

Cybersecurity continues to command a lot of attention from enterprises looking for better protection from malicious hackers, and VCs want in on the action. In the latest example, TechCrunch has learned and confirmed that Upwind — a specialist in assessing and securing cloud infrastructure — is closing in on a $100 million round at a […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

868 techcrunch.com

23:39 08.11.2024

Monarch Tractor lays off 10% in restructuring towards software and licensing AV tech

Monarch Tractor has laid off around 10% of its workforce as part of a restructuring that will see it prioritize non-agricultural customers, license its autonomous technology, and boost sales of its AI-powered farm management software, TechCrunch has learned. Around 35 employees were cut this week by the Livermore, California-based autonomous electric tractor startup that has […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

762 techcrunch.com

23:08 08.11.2024

Startup land wasn’t as quiet this week as you might’ve expected

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 […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

810 techcrunch.com

21:50 08.11.2024

Supersonic aircraft startup Exosonic is shutting down

Exosonic, a startup developing supersonic commercial air travel and UAV tech, is winding down after five years of operation. In an update posted to its website, Exosonic said it was unable to find the traction necessary to continue operations. “Although the founders and team still believe in the need/desire for quiet supersonic flight and supersonic […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

817 techcrunch.com

20:00 08.11.2024

How AI startup Conflixis is protecting hospitals from corrupt doctors

After a career as a corruption investigator, Aaron Narva had an idea for a startup in the age of LLM AI: help hospitals identify risky behavior by doctors. © 2024 TechCrunch. All rights reserved. For personal use only.... →

790 techcrunch.com

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