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14:57 24.05.2024

Google invests $350 million in India’s Flipkart

Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Indian e-commerce startup. The Android-maker will also provide the Bengaluru-headquartered e-commerce startup with cloud offerings as part of the deal. The investment is part of a nearly $1 billion funding round, much of which Flipkart raised late last year. © 2024 TechCrunch. All rights reserved. For personal use only.... →

1,421 techcrunch.com

01:03 24.05.2024

ESA prepares for the post-ISS era, selects The Exploration Company, Thales Alenia to develop cargo spacecraft

The European Space Agency selected two companies on Wednesday to advance designs of a cargo spacecraft that could establish the continent’s first sovereign access to space. The two awardees, major aerospace prime Thales Alenia Space and French startup The Exploration Company, will receive €25 million ($27 million) each to advance concepts for vehicles that can […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

835 techcrunch.com

16:02 23.05.2024

Redwood Materials is partnering with Ultium Cells to recycle GM’s EV battery scrap

Redwood Materials, the battery recycling startup founded by former Tesla co-founder JB Straubel, will be recycling production scrap for batteries going into General Motors electric vehicles. The company announced Thursday that it’s working with Ultium Cells, the joint battery manufacturing venture between GM and LG Energy Solution, to recycle cathode, anode and cell scrap from […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

942 techcrunch.com

16:00 23.05.2024

Auggie’s new app helps parents find community and shop

A new startup called Auggie is aiming to give parents a single platform where they can shop for products and connect with each other. The company’s new app, which launched this week, offers parents a platform where they can share product recommendations, shop vetted products and find community amongst each other to get real-time advice […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

644 techcrunch.com

11:53 23.05.2024

Autonomous shipping startup Orca AI tops up with $23M led by OCV Partners and MizMaa Ventures

If you thought autonomous driving was just for cars, think again. The so-called ‘autonomous navigation’ market — where ships steer themselves guided by AI, resulting in fuel and time savings — is projected to grow from $4.46 billion in 2023 to $5.33B in 2024 alone. Orca AI is a London-based startup that claims to have […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

529 techcrunch.com

08:45 23.05.2024

Meet the Finnish biotech startup bringing a long lost mycoprotein to your plate

The best known mycoprotein is probably Quorn, a meat substitute that’s fast approaching its 40th birthday. But Finnish biotech startup Enifer is cooking up something even older: Its proprietary single-cell fungus-based protein, branded Pekilo, was originally developed in the 1960s and ’70s — by, of all things, the local paper industry. The focus back then […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

610 techcrunch.com

02:14 23.05.2024

Food supply chain software maker Silo lays off ~30% of staff amid M&A discussions

Silo, a Bay Area food supply chain startup, has hit a rough patch. TechCrunch has learned that the company on Tuesday laid off roughly 30% of its staff, or north of two dozen employees. Silo has confirmed the headcount reductions, clarifying the cuts were across the board and not focused on individual departments. Silo shared […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

729 techcrunch.com

23:12 22.05.2024

India’s BluSmart is testing its ride-hailing service in Dubai

Indian ride-hailing startup BluSmart has started operating in Dubai, TechCrunch has exclusively learned and confirmed with its executive. The move to Dubai, which has been rumored for months, could help counter the likes of Careem, Uber and Hala in the United Arab Emirates’ most populous city. The Gurugram-based startup quietly enabled the new Dubai service […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

747 techcrunch.com

23:00 22.05.2024

Refer a founder to Startup Battlefield 200 at Disrupt 2024

Want to make a founder’s day, week, month, and possibly career? Refer them to Startup Battlefield 200 at Disrupt 2024! Applications close June 10 at 11:59 p.m. PT. TechCrunch’s Startup Battlefield 200 is the world’s preeminent competition for early-stage startups. It’s also the absolute best way for an entrepreneur to get the most out of […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

735 techcrunch.com

22:50 22.05.2024

Bluesky now has DMs

Social networking startup and X competitor Bluesky is officially launching DMs (direct messages), the company announced on Wednesday. Later, Bluesky plans to “fully support end-to-end encrypted messaging down the line,” it also said. The launch comes two weeks after the social network teased it would soon be introducing direct messaging capabilities. Up until now, all […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

736 techcrunch.com

17:54 22.05.2024

Bolster, creator of the CheckPhish phishing tracker, raises $14M led by Microsoft’s M12

A dodgy email containing a link that looks “legit” but is actually malicious remains one of the most dangerous, yet successful, tricks in a cyber criminal’s handbook. Now, an AI startup called Bolster that has built a novel approach to tackle that trick has raised $14 million in funding to expand its work, both across […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

955 techcrunch.com

16:19 22.05.2024

Linktree surpasses 50M users, rolls out its social commerce program to more creators

505 techcrunch.com

15:57 22.05.2024

DeepL, the AI language translation startup, nabs $300M on a $2B valuation to focus on B2B growth

Yet more major funding is being poured into a startup focused on AI. Today, DeepL – the company that builds automated text translation and writing tools that compete against the likes of Google Translate and Grammarly – announced that it’s raised an additional $300 million. It is now valued at $2 billion, post-money. This round […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

623 techcrunch.com

23:00 21.05.2024

Teen fintech Copper had to emergency discontinue its banking, debit products

Another fintech startup, and its customers, has been gravely impacted by the implosion of banking-as-a-service startup Synapse. Copper Banking, a digital banking service aimed at teens, notified its customers on May 12 that it would be discontinuing bank deposit accounts and debit cards on May 13. In a letter to customers, CEO and co-founder Eddie […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

759 techcrunch.com

23:00 21.05.2024

Autodesk acquires AI-powered VFX startup Wonder Dynamics

3D tools behemoth Autodesk has acquired Wonder Dynamics, a startup that let creators quickly and easily make complex characters and visual effects using AI-powered image analysis. The two companies have worked closely together for years, but are making it official today. Wonder Dynamics, founded by VFX artist Nikola Todorovic and actor Tye Sheridan, basically made […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

592 techcrunch.com

19:30 21.05.2024

Bill Gates-backed wind startup AirLoom is raising $12M, filings reveal

The company is hoping to produce electricity at $13 per megawatt hour, which would be more than 50% cheaper than traditional onshore wind. © 2024 TechCrunch. All rights reserved. For personal use only.... →

539 techcrunch.com

19:06 21.05.2024

French AI startup H raises $220 million seed round

It’s not often that you hear about a seed round above $10 million. H, a startup based in Paris and previously known as Holistic AI, has announced a $220 million seed round just a few months after the company’s inception. The reason why this company managed to raise so much money so quickly is that […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

763 techcrunch.com

19:00 21.05.2024

Boost your startup’s growth with a ScaleUp package at TC Disrupt 2024

Hey there, Series A to B startups with $35 million or less in funding — we’ve got an exciting opportunity that’s tailor-made for your growth journey! If you’re looking to elevate your presence at TechCrunch Disrupt 2024 without breaking the bank, look no further than our ScaleUp Startups Exhibitor Program. Why should you consider ScaleUp […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

536 techcrunch.com

18:09 21.05.2024

Spotify’s ‘Listening Party’ feature falls short of expectations

It’s been three years since Spotify acquired live audio startup Betty Labs, and yet the music streaming service isn’t leveraging the technology to its fullest potential—at least not in our opinion. Betty Labs-owned Locker Room launched in 2020 as a sports-focused social audio app where sports fans could engage in live conversations, create watch parties, […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

428 techcrunch.com

16:00 21.05.2024

Pinecone launches its serverless vector database out of preview

Pinecone, the vector database startup founded by Edo Liberty, the former head of Amazon’s AI Labs, has long been at the forefront of helping businesses augment large language models (LLMs) with their own data. Most recently, though, the company completely rearchitected its product to launch Pinecone Serverless, which frees its customers from having to think […] © 2024 TechCrunch. All rights reserved. For personal use only.... →

430 techcrunch.com

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