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21:34 19.10.2024

Four takeaways from Pony AI’s IPO filing

Toyota-backed autonomous vehicle company Pony AI has joined the list of Chinese firms going public on the U.S. stock market after a multi-year ban from Beijing on offshore capital raising. Zeekr, a luxury Chinese electric vehicle startup, debuted on the New York Stock Exchange in May, and WeRide, another AV startup, also hopes to file […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

687 techcrunch.com

17:56 18.10.2024

Bluesky surges into the top 5 as X changes blocks, permits AI training on its data

Social networking startup Bluesky, which just reported a gain of half a million users over the past day, has now soared into the top 5 apps on the U.S. App Store and has become the No. 2 app in the Social Networking category, up from No. 181 a week ago, according to data from app […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

724 techcrunch.com

09:44 18.10.2024

Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, and that his startup, once valued at $22 billion, is now effectively worth “zero.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen startups to expand […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

397 techcrunch.com

07:00 18.10.2024

Former watch trader is now building the AWS of grid storage, Terralayr

The startup's technology is a twist on the virtual power plant concept, in which batteries are aggregated and portions of the whole are sold off to various customers. © 2024 TechCrunch. All rights reserved. For personal use only.... →

369 techcrunch.com

07:00 18.10.2024

Former watch trader is now building the AWS of grid storage, Terralyr

The startup's technology is a twist on the virtual power plant concept, in which batteries are aggregated and portions of the whole are sold off to various customers. © 2024 TechCrunch. All rights reserved. For personal use only.... →

424 techcrunch.com

01:41 18.10.2024

General Catalyst reportedly to back Saudi Arabian startup

Despite Saudi Arabia’s record of human rights abuses, some investors are warming up to investing in the country’s startups. General Catalyst is planning to invest in a Saudi Arabia-based fintech startup, Lean Technology, the firm’s first investment in the Middle Eastern nation, the Information reported. Other Saudi Arabian startups that US-based investors recently backed include […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

498 techcrunch.com

23:10 17.10.2024

Sam Altman’s Worldcoin becomes World, and shows new iris-scanning ‘Orb’ to prove your humanity

Worldcoin, the Sam Altman co-founded “proof of personhood” crypto startup that scans people’s eyeballs, announced on Thursday that it dropped the “coin” from its name and is now just “World.” The startup also unveiled its next generation of iris-scanning “Orb” and other tools at a live event in San Francisco. Co-founder and CEO of World, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

525 techcrunch.com

18:59 17.10.2024

With $11.9 million in funding, Dottxt tells AI models how to answer

As we’ve reported before, enterprise CIOs are taking generative AI slow. One reason for that is AI doesn’t fit into existing software engineering workflows, because it literally doesn’t speak the same language. For instance, LLMs (aka large language models) require a lot of cajoling to deliver valid JSON. That’s where a U.S.-based startup called Dottxt […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

443 techcrunch.com

18:00 17.10.2024

Databricks, Snowflake, and Battery Ventures discuss when to cash out or scale your startup at TechCrunch Disrupt 2024

Navigating the complex decision of when to sell a startup or keep pushing forward is one of the toughest challenges founders face. In an era where IPOs are frequently delayed and acquisition offers arrive earlier, determining the right moment to either cash out or stay independent is increasingly nuanced. We’re excited to welcome three distinguished […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

431 techcrunch.com

17:30 17.10.2024

Announcing the final group of top VCs to judge the Startup Battlefield 200 Final at TechCrunch Disrupt 2024

TechCrunch Disrupt 2024 is just a week away. Our beefed-up Startup Battlefield 200 is a major highlight. Two hundred companies have been hand-selected by the TechCrunch editorial staff to grace the expo hall, 20 of which will launch their company for the first time live on our stage. Nail-biting pitches live on the Disrupt Stage, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

377 techcrunch.com

17:13 17.10.2024

UK digital ‘end-of-life’ services startup Farewill acquired for $16.8M

Farewill, a U.K.-based end-of-life services provider that offers online tools for writing wills, organizing probate, and arranging cremation, has been acquired by funeral service provider Dignity in an all-shares deal valuing the startup at £12.9 million ($16.8 million). The deal is a classic case of an established legacy incumbent chasing growth by buying a younger […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

384 techcrunch.com

17:00 17.10.2024

Hyperspectral imagery startup Wyvern looks to raise US presence with $6M raise

Canadian remote sensing startup Wyvern is expanding south of the border. The Alberta-based company, which collects what it says is the highest-resolution hyperspectral imagery on the market, has raised $6 million to, among other things, expand into U.S. commercial and defense markets. The new funding was led by Squadra Ventures, a firm squarely focused on […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

459 techcrunch.com

17:00 17.10.2024

From Elon Musk to cop car chases, how a software engineer launched a police AI startup

Abel creates AI that uses body cam footage and other data to fill out consuming police reports. For research, founder Daniel Francis shadowed the police. © 2024 TechCrunch. All rights reserved. For personal use only.... →

347 techcrunch.com

10:00 17.10.2024

Zepto eyes $100M from Indian offices in third funding in 6 months

Zepto is in advanced stages of talks to raise $100 million in new investment, its third in the last six months, as the leading Indian quick commerce startup looks to rope in more domestic investors, sources familiar with the talks told TechCrunch. The Mumbai-headquartered startup, which allows customers in multiple Indian cities order grocery, office […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

483 techcrunch.com

02:02 17.10.2024

OroraTech’s space-based wildfire detection brings in $25M to put more imaging satellites in orbit

Wildfires aren’t going away, but our ability to detect and track them — and maybe catch them early enough to prevent serious damage — is getting better. OroraTech is taking a space-based approach to “wildfire intelligence,” and just raised $25 million to grow its market and cover more of the Earth. The German startup currently […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

420 techcrunch.com

21:52 16.10.2024

Fisker owners get help with recall repairs as court approves liquidation plan

Fisker’s plan to liquidate its assets has been accepted by the bankruptcy court in Delaware. And with it, the issue of who should pay for labor costs associated with a pair of recalls on the bankrupt EV startup’s SUVs is finally settled. Fisker has also reached a deal with American Lease, the buyer of its […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

435 techcrunch.com

20:15 16.10.2024

GM partners with startup Forge Nano to improve EV battery life, performance, and safety

General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells. The automaker’s investment arm, GM Ventures, on Wednesday injected $10 million into Forge Nano, which is developing a thin coating the startup says will help improve safety and increase […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

449 techcrunch.com

19:36 16.10.2024

African crypto startup Yellow Card raises $33M led by Blockchain Capital to scale its B2B pivot

Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros or downright mismanagement. The boost involves Yellow Card, the U.S.-founded crypto platform launched in Nigeria in 2019, which […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

587 techcrunch.com

19:36 16.10.2024

Amazon jumps on nuclear power bandwagon by investing in X-Energy and promising small reactors

The company revealed three deals, including an investment in a fission startup and two development agreements to add nuclear power to the grid. © 2024 TechCrunch. All rights reserved. For personal use only.... →

392 techcrunch.com

18:01 16.10.2024

How Paladin’s drones helped Asheville during Hurricane Helene

When Hurricane Helene hit Asheville, North Carolina in September, the city’s police department reached out to public safety drone startup Paladin for help. The startup’s 30-member team jumped into action working nights and through the weekend to assist Asheville’s police department with locating people and dropping off supply. Asheville was a Paladin customer and its team […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

334 techcrunch.com

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