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06:04 23.07.2024

Wiz walks away from Google’s $23B acquisition offer: Read the CEO’s note to employees

Cybersecurity startup Wiz has turned down a $23 billion acquisition offer from Alphabet, Google’s parent company, according to a source familiar with discussions. Despite the offer representing a substantial premium over its last private valuation of $12 billion, Wiz’s management team with support of investors have opted to remain independent, the person said. Wiz’s CEO, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

504 techcrunch.com

01:36 23.07.2024

Monarch Tractor CEO says $133M raise will help it escape “quite a challenging time”

Monarch Tractor was in a tricky spot late last year as the autonomous electric tractor startup juggled growth and an uncertain fundraising environment. Now, with $133 million in new funds, CEO Parveen Penmesta tells TechCrunch that the startup is plowing ahead into greener pastures. The $133 million Series C funding round was co-led by agri-food […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

714 techcrunch.com

20:55 22.07.2024

17-year-old Eric Zhu’s startup was built in a high school bathroom, now it’s raised $2.3 million and is emerging from stealth

Eric Zhu started building Aviato, an analytical platform for private market data, in a very typical place for an entrepreneur: the bathroom in his Carmel, Indiana, high school. Now the 17-year-old’s startup is emerging from stealth with $2.3 million in venture funding. Aviato tracks funding rounds and headcount, similar to competitors like Crunchbase and PitchBook, but […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

767 techcrunch.com

18:00 22.07.2024

Be a TechCrunch Disrupt 2024 volunteer

TechCrunch Disrupt 2024 in San Francisco is fast approaching, and we’re seeking highly motivated volunteers to support our events team. If you dream of becoming a startup founder, marketer, or event coordinator, this experience offers an invaluable glimpse into the inner workings of a top-tier tech startup conference. Volunteer tasks Volunteers will assist in plenty […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

805 techcrunch.com

17:31 22.07.2024

Cohere raises $500M to beat back generative AI rivals

Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Bloomberg says that the round, which also had participation from Canadian pension investment manager PSP Investments and Canada’s export credit agency EDC, values Toronto-based Cohere at $5.5 billion. That’s more than double […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

953 techcrunch.com

16:09 22.07.2024

India’s Swiggy turns its Minis service for small businesses into a link-in-bio landing page

Indian food delivery and quick commerce startup Swiggy is pivoting one of its smaller businesses, Swiggy Minis, into a link-in-bio service. © 2024 TechCrunch. All rights reserved. For personal use only.... →

778 techcrunch.com

15:59 22.07.2024

Linx emerges from stealth with $33M to lock down the new security perimeter: Identity

Identity management is one of the most common fulcrums around which security breaches have pivoted in the last several years, and one of the main reasons it’s the gift that keeps on giving to malicious hackers is that it’s a nightmare for organizations to track. A security startup founded in Tel Aviv called Linx has […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

650 techcrunch.com

18:00 21.07.2024

From Yandex’s ashes comes Nebius, a ‘startup’ with plans to be a European AI compute leader

Subject to shareholder approval, Yandex N.V. is adopting the name of one of its few remaining assets, an AI cloud platform called Nebius AI which it birthed last year. © 2024 TechCrunch. All rights reserved. For personal use only.... →

812 techcrunch.com

21:00 20.07.2024

Unpacking how Alphabet’s rumored Wiz acquisition could affect VC

Alphabet, the parent company of Google, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion, the Wall Street Journal reported on Sunday. TechCrunch’s sources heard similar and added that deal discussions could last into next week. If this deal does end up getting done, it would be Alphabet’s largest acquisition yet. It […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

1,289 techcrunch.com

19:00 20.07.2024

Some Black startup founders feel betrayed by Ben Horowitz’s support for Trump

1,289 techcrunch.com

22:05 19.07.2024

M&A activity heats up with Wiz, Graphcore, etc.

1,420 techcrunch.com

09:21 19.07.2024

Paytm loss widens and revenue shrinks following regulatory clampdown

Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit. The Noida-headquartered firm’s loss more than doubled to $100 million in the quarter ending June, it disclosed Friday. The […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

524 techcrunch.com

22:27 18.07.2024

Why it made sense for an online community college to raise venture capital

When Tade Oyerinde first set out to fundraise for his startup, Campus, a fully-accredited online community college, it was incredibly difficult. VCs have backed for-profit education companies in the past, including Coursera and Udacity, but backing a more traditional two-year college is different. Plus, he was looking for funds a few years ago when higher […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

875 techcrunch.com

22:22 18.07.2024

PE firm PartnerOne paid $28M for HeadSpin, a fraction of its $1.1B valuation set by ICONIQ and Dell Technologies Capital

Canadian private equity firm PartnerOne paid $28.2 million for HeadSpin, a mobile app testing startup whose founder has been sentenced for fraud earlier this year, according to documents viewed by TechCrunch. The fire sale was reported by TechCrunch last week. HeadSpin’s 2023 revenue was $21 million and its Q1 2024 revenue stood at $5 million, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

718 techcrunch.com

20:05 18.07.2024

Fisker scores a win, an AV startup reboots in Texas, and why Elon pushed the Tesla robotaxi reveal

This week's TechCrunch Mobility looks at Fisker scoring a win, an AV startup rebooting in Texas, why Elon is pushing the Tesla robotaxi reveal and more. © 2024 TechCrunch. All rights reserved. For personal use only.... →

894 techcrunch.com

16:00 18.07.2024

Fintech startup Coast lands $40M just 4 months after its last $25M raise

Coast, a startup that describes itself as “a financial services platform for the future of transportation,” has raised $40 million in Series B funding — just four months after announcing a $25 million round, the startup has told TechCrunch exclusively. Back-to-back fundraises were common prior to and during the wild investment days of 2021, but […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

541 techcrunch.com

12:14 18.07.2024

Samsung to acquire UK-based knowledge graph startup Oxford Semantic Technologies

Samsung’s busy feeding its AI ambitions for its consumer devices. Earlier this year, the electronics giant said it would bring its Galaxy AI and Google’s AI model Gemini to its products, including its flagship smartphone, the Galaxy 24, and just last week, the company unveiled the latest versions of its two-foldable phones — the Galaxy […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

520 techcrunch.com

10:12 18.07.2024

Israel’s startup scene shows reslience despite nine months of war

When the war between Israel and Hamas broke out last October, we examined its potential impact on the tech ecosystems in Israel and Palestine. Nine months later, the prevailing sentiment in Israel, based on my conversation with founders and investors, is that the conflict has made the startup and VC ecosystem more resilient, especially its […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

472 techcrunch.com

10:00 18.07.2024

Deel acquires Hofy to build its own IT device management service

Both of Hofy's co-founders, Sami Bouremoum and Michael Ginzo, along with the rest of the startup's leadership team and 120 employees, are joining Deel to build Deel IT. © 2024 TechCrunch. All rights reserved. For personal use only.... →

479 techcrunch.com

00:09 18.07.2024

How a B2B payments startup won Max, Jack and Sam Altman, JP Morgan as investors

638 techcrunch.com

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