Startups
Tech startup news that breaks down the funding, growth, and long-term trajectory of companies across every stage and industry. Startup coverage includes climate, crypto, fintech, SaaS, transportation, and consumer tech.
YC grad RetailReady raises $3.3M for an AI warehouse app that hopes to save brands billions
RetailReady targets the $40 billion compliance market to help reduce the number of retail compliance losses that shippers incur annually due to incorrectly shipped packages.
Foresite Capital raises $900M sixth fund for investing in life sciences companies
Venture fundraising has been a slog over the last few years, even for firms with a strong track record. That’s Foresite Capital’s experience. Despite having 47 IPOs, 28 M&As and…
Restate raises $7M for its lightweight workflows-as-code platform
When one of the co-creators of the popular open source stream-processing framework Apache Flink launches a new startup, it’s worth paying attention. Stephan Ewen was among the founding team of…
Civic Renewables is rolling up residential solar installers to improve quality and grow the market
With most residential solar panels installed by smaller companies, customer experience can be a mixed bag. To try to address the quality and consistency problem, Civic Renewables is buying small…
Friends & Family Capital, a fund founded by ex-Palantir CFO and son of IVP’s founder, unveils third $118M fund
Small VC firms require deep trust, mutual support and long-term commitment among the partners — a kinship that, in many ways, resembles a family dynamic. Colin Anderson (Palantir’s ex-CFO and…
Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems…
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Let there be Light! Danish startup exits stealth with $13M seed funding to bring AI to general ledgers
It’s not the sexiest of subject matters, but someone needs to talk about it: The CFO tech stack — software used by the chief financial officers of the world — is ripe for disruption. That’s according to Jonathan Sanders, CEO and co-founder of fledgling Danish startup Light, which exits stealth…
Washington’s political class doesn’t know Y Combinator exists — yet
After educating the D.C. market, YC aims to leverage its influence, particularly in areas like competition policy.
Jordan Meyer and Mathew Dryhurst founded Spawning AI to create tools that help artists exert more control over how their works are used online. Their latest project, called Source.Plus, is…
Light introduces its latest minimalist phone, now with an OLED screen but still no addictive apps
Unlike Light’s older phones, the Light III sports a larger OLED display and an NFC chip to make way for future payment tools, as well as a camera.
Flow claims it can 100x any CPU’s power with its companion chip and some elbow grease
A Finnish startup called Flow Computing is making one of the wildest claims ever heard in silicon engineering: by adding its proprietary companion chip, any CPU can instantly double its…
The VC queen of portfolio PR, Masha Bucher, has raised her largest fund yet: $150M
Five years ago, Day One Ventures had $11 million under management, and Bucher and her team have grown that to just over $450 million.
Mistral AI has closed its much-rumored Series B funding round, raising €600 million (around $640 million) in a mix of equity and debt.
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Raspberry Pi is now a public company
Raspberry Pi priced its IPO on the London Stock Exchange on Tuesday morning at £2.80 per share, valuing it at £542 million, or $690 million at today’s exchange rate.
How Urvashi Barooah broke into venture after everyone told her she couldn’t
When Urvashi Barooah applied to MBA programs in 2015, she focused her applications around her dream of becoming a venture capitalist. She got rejected from every school, and was told…
Only hours left to apply to Startup Battlefield 200 at Disrupt
A last call and a major shoutout to any and all early-stage founders. It’s time to dig deep and take advantage of an unparalleled opportunity at TechCrunch Disrupt 2024 —…
Kelvin wants to help save the planet by applying AI to home energy audits
French startup Kelvin, which uses computer vision and machine learning to make it easier to audit homes for energy efficiency, has raised $5.1M.
Stake raises $14M to bring its fractional property investment platform to Saudi Arabia, Abu Dhabi
Dubai-based fractional property investment platform Stake has raised $14 million in Series A funding.
With €50 million to invest, Italian Founders Fund looks for entrepreneurs with global ambitions
While funding for Italian startups has been growing, the country still ranks eighth in Europe by VC investment, according to Dealroom. Newly created Italian Founders Fund (IFF) hopes to help…
Startup Battlefield 200 applications close tomorrow
You’re running out of time to join the Startup Battlefield 200, our curated showcase of top startups from around the world and across multiple industries. This elite cohort — 200…
Cat-sitting startup Meowtel clawed its way to profitability despite trouble raising from dog-focused VCs
Dogs are the most popular pet in the U.S.: 65.1 million households have one, according to the American Pet Products Association. But while cats are not far off, with 46.5…
Anterior grabs $20M from NEA to expedite health insurance approvals with AI
Anterior, a company that uses AI to expedite health insurance approval for medical procedures, has raised a $20 million Series A round at a $95 million post-money valuation led by…
Deal Dive: Human Native AI is building the marketplace for AI training licensing deals
AI systems and large language models (LLMs) need to be trained on massive amounts of data to be accurate but they shouldn’t train on data that they don’t have the…
Autonomy’s Mike Lynch acquitted after US fraud trial brought by HP
Former Autonomy chief executive Mike Lynch issued a statement Thursday following his acquittal of criminal charges, ending a 13-year legal battle with Hewlett Packard that became one of Silicon Valley’s…
Rippling bans former employees who work at competitors like Deel and Workday from its tender offer stock sale
Investor demand has been so strong for Rippling’s shares that it is letting former employees particpate in its tender offer. With one exception.
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In 2024, many Y Combinator startups only want tiny seed rounds — but there’s a catch
When Bowery Capital general partner Loren Straub started talking to a startup from the latest Y Combinator accelerator batch a few months ago, she thought it was strange that the company didn’t have a lead investor for the round it was raising. Even stranger, the founders didn’t seem to be…
Welcome to Startups Weekly — Haje’s weekly recap of everything you can’t miss from the world of startups. Anna will be covering for him this week. Sign up here to…
BlackRock has slashed the value of stake in Byju’s, once worth $22B, to zero
HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.
Founders: Need plans this weekend? What better way to spend your time than applying to this year’s Startup Battlefield 200 at TechCrunch Disrupt. With Monday’s deadline looming, this is a…
Novel battery manufacturer EnerVenue is raising $515M, per filing
The company is in the process of building a gigawatt-scale factory in Kentucky to produce its nickel-hydrogen batteries.
