Startup companies

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#investment

Exclusive: Investors are scrambling to get into Eleven Labs, which may soon be valued at $3 billion

ElevenLabs is raising a funding round that could value the company at $3 billion due to rapid growth in AI audio tools.

Exclusive: Benchmark, Index, others are in a wild unsolicited bidding was over Anysphere, maker of Cursor

Cursor's rapid revenue growth highlights its popularity in AI-powered coding assistance.
Anysphere's valuation milestones indicate significant investor confidence and interest in AI assistance technology.

Byju's founder says his edtech startup, once worth $22B, is now 'worth zero' | TechCrunch

Byju's founder acknowledges mistakes leading to the company's drastic decline in value.

Three venture capitalists try to find the consensus of crypto VC | TechCrunch

The crypto market is entering a growth phase supported by favorable regulations and established scaling solutions.

MaC VC raised $150 million Fund III | TechCrunch

MaC VC raised $150 million for its third fund, focusing on seed-stage investments, showcasing resilience amid decreasing capital for Black founders.

India's HealthKart valued at $500 million in new investment | TechCrunch

HealthKart raises $153 million, becoming a leading player in India's nutrition industry with a significant valuation.
The startup reported substantial revenue and is buying back shares from employees.

Exclusive: Investors are scrambling to get into Eleven Labs, which may soon be valued at $3 billion

ElevenLabs is raising a funding round that could value the company at $3 billion due to rapid growth in AI audio tools.

Exclusive: Benchmark, Index, others are in a wild unsolicited bidding was over Anysphere, maker of Cursor

Cursor's rapid revenue growth highlights its popularity in AI-powered coding assistance.
Anysphere's valuation milestones indicate significant investor confidence and interest in AI assistance technology.

Byju's founder says his edtech startup, once worth $22B, is now 'worth zero' | TechCrunch

Byju's founder acknowledges mistakes leading to the company's drastic decline in value.

Three venture capitalists try to find the consensus of crypto VC | TechCrunch

The crypto market is entering a growth phase supported by favorable regulations and established scaling solutions.

MaC VC raised $150 million Fund III | TechCrunch

MaC VC raised $150 million for its third fund, focusing on seed-stage investments, showcasing resilience amid decreasing capital for Black founders.

India's HealthKart valued at $500 million in new investment | TechCrunch

HealthKart raises $153 million, becoming a leading player in India's nutrition industry with a significant valuation.
The startup reported substantial revenue and is buying back shares from employees.
moreinvestment
#tech-news

Why Wiz really turned down Google's $23B offer | TechCrunch

Wiz's refusal of Google's offer was driven by long-term confidence in cloud security's market potential.
Dropbox is significantly downsizing to improve operational efficiency amidst restructuring efforts.

It's not just you, Reddit is down | TechCrunch

Reddit is experiencing a widespread outage affecting thousands of users, with investigations ongoing.
Over 47,000 users reported access problems during the outage.

Why Wiz really turned down Google's $23B offer | TechCrunch

Wiz's refusal of Google's offer was driven by long-term confidence in cloud security's market potential.
Dropbox is significantly downsizing to improve operational efficiency amidst restructuring efforts.

It's not just you, Reddit is down | TechCrunch

Reddit is experiencing a widespread outage affecting thousands of users, with investigations ongoing.
Over 47,000 users reported access problems during the outage.
moretech-news
#ipo

India's Zomato to raise $1B ahead of rival Swiggy IPO | TechCrunch

Zomato is raising $1 billion through a placement, its first major funding effort since 2021.
This fundraising occurs ahead of Swiggy's IPO, which seeks $1.4 billion.

Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato's worth | TechCrunch

Swiggy's IPO valuation is significantly lower than Zomato's, indicating competitive pressures and market share loss.

The US IPO window hasn't reopened yet, but startups take what they can | TechCrunch

The startup ecosystem remains active with significant funding events, acquisitions, and a cautious optimism surrounding potential IPO activities.

Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO | TechCrunch

Pony AI's IPO plans are progressing, but its fundraising targets have been reduced significantly.

New funding rounds confirm that money attracts money | TechCrunch

Startups are experiencing a resurgence in funding, with some raising rounds shortly after previous ones.

PayPal revives its money-pooling feature | TechCrunch

PayPal is reintroducing a pooling feature for group purchases, responding to customer demand.
Klarna is moving towards an IPO after regaining some valuation, now at $14.6 billion.
Kintsugi achieved significant growth, doubling its valuation with new funding.

India's Zomato to raise $1B ahead of rival Swiggy IPO | TechCrunch

Zomato is raising $1 billion through a placement, its first major funding effort since 2021.
This fundraising occurs ahead of Swiggy's IPO, which seeks $1.4 billion.

Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato's worth | TechCrunch

Swiggy's IPO valuation is significantly lower than Zomato's, indicating competitive pressures and market share loss.

The US IPO window hasn't reopened yet, but startups take what they can | TechCrunch

The startup ecosystem remains active with significant funding events, acquisitions, and a cautious optimism surrounding potential IPO activities.

Chinese autonomous driving startup Pony AI seeks up to $224M in US IPO | TechCrunch

Pony AI's IPO plans are progressing, but its fundraising targets have been reduced significantly.

New funding rounds confirm that money attracts money | TechCrunch

Startups are experiencing a resurgence in funding, with some raising rounds shortly after previous ones.

PayPal revives its money-pooling feature | TechCrunch

PayPal is reintroducing a pooling feature for group purchases, responding to customer demand.
Klarna is moving towards an IPO after regaining some valuation, now at $14.6 billion.
Kintsugi achieved significant growth, doubling its valuation with new funding.
moreipo
#startups

OpenAI secured more billions, but there's still capital left for other startups | TechCrunch

OpenAI raised $6.6 billion, reaching a $157 billion valuation amidst warnings of an overheating startup market.

Investors bet on the power of light, diamonds in the trash, and more | TechCrunch

The Indian tech market is leading in IPOs, surpassing the U.S. this year in valuation multiples.

What you need to raise a Series A today, according to three VC partners | TechCrunch

Raising Series A funding is increasingly challenging, particularly for non-AI companies.

Here's the full list of 44 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture capital interest in AI is strong, with significant funding rounds and valuations continuing to grow.
OpenAI's record funding round exemplifies the enduring investor enthusiasm for AI technology.

Announcing Startup Battlefield 200 at Disrupt 2024 | TechCrunch

200 startups highlighted at TechCrunch Disrupt 2024 showcase global innovation across multiple tech categories.

New rounds will help startups challenge well-funded rivals | TechCrunch

Startups must engage with regulators to maintain licenses and avoid issues, highlighting the importance of compliance in the industry.

OpenAI secured more billions, but there's still capital left for other startups | TechCrunch

OpenAI raised $6.6 billion, reaching a $157 billion valuation amidst warnings of an overheating startup market.

Investors bet on the power of light, diamonds in the trash, and more | TechCrunch

The Indian tech market is leading in IPOs, surpassing the U.S. this year in valuation multiples.

What you need to raise a Series A today, according to three VC partners | TechCrunch

Raising Series A funding is increasingly challenging, particularly for non-AI companies.

Here's the full list of 44 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture capital interest in AI is strong, with significant funding rounds and valuations continuing to grow.
OpenAI's record funding round exemplifies the enduring investor enthusiasm for AI technology.

Announcing Startup Battlefield 200 at Disrupt 2024 | TechCrunch

200 startups highlighted at TechCrunch Disrupt 2024 showcase global innovation across multiple tech categories.

New rounds will help startups challenge well-funded rivals | TechCrunch

Startups must engage with regulators to maintain licenses and avoid issues, highlighting the importance of compliance in the industry.
morestartups

Bluespine Raises $7.2M to Help Self-Insured Employers Fight Medical Overbilling

Self-insured employers face significant challenges with medical claims and overbilling, leading to financial risks that can be mitigated through advanced audit solutions.
#indian-startups

Swiggy's public debut will test India's appetite for $1B+ IPOs | TechCrunch

Swiggy's IPO may signal a shift in market interest for larger tech offerings in India.

One Zero could be raising $100M | TechCrunch

One Zero aims to democratize private banking with a $100 million raise.
Apple Pay expands loan options, adjusting strategy in the buy now, pay later market.
Uprise simplifies financial decision-making for SMBs through its advisory integration.

Swiggy's public debut will test India's appetite for $1B+ IPOs | TechCrunch

Swiggy's IPO may signal a shift in market interest for larger tech offerings in India.

One Zero could be raising $100M | TechCrunch

One Zero aims to democratize private banking with a $100 million raise.
Apple Pay expands loan options, adjusting strategy in the buy now, pay later market.
Uprise simplifies financial decision-making for SMBs through its advisory integration.
moreindian-startups
#funding

Cruisebound Raises $13M to Scale its Digital-First Cruise Booking Platform

The cruise industry is rebounding strongly, targeting younger demographics with diverse options and simplified booking through platforms like Cruisebound.

Duetti Adds Another $34M to Accelerate Data-Driven Music Financing for Independent Artists

Independent musicians struggle with monetization despite the growth of streaming platforms, facing challenges in funding and compensation. Duetti aims to ameliorate these challenges.

Cruisebound Raises $13M to Scale its Digital-First Cruise Booking Platform

The cruise industry is rebounding strongly, targeting younger demographics with diverse options and simplified booking through platforms like Cruisebound.

Duetti Adds Another $34M to Accelerate Data-Driven Music Financing for Independent Artists

Independent musicians struggle with monetization despite the growth of streaming platforms, facing challenges in funding and compensation. Duetti aims to ameliorate these challenges.
morefunding

Exclusive: Monarch Tractor lays off 10% in restructuring towards software and licensing | TechCrunch

Monarch Tractor restructures by laying off 10% of workforce, focusing on non-agricultural markets, and enhancing AI-powered software sales.

Bowery Farming is ceasing operations | TechCrunch

Bowery Farming is shutting down after raising over $700 million, reflecting the difficulties within the vertical farming industry.
Vertical farming remains a challenging sector, demonstrated by the bankruptcies of competitors like AeroFarms and AppHarvest.
#venture-capital

How startups can do more than rack up huge valuations and maybe save the world | TechCrunch

Startups can pursue both profit and positive social impact simultaneously in their business models.

IT'S OFFICIAL: OpenAI is worth $157 billion

OpenAI raised $6.6 billion, achieving a $157 billion valuation, indicating strong investor confidence in the generative AI market.

49 US startups have become unicorns so far in 2024: Here's the full list | TechCrunch

Unicorns continue to emerge monthly despite a tight venture capital market, notably in AI, cybersecurity, health tech, and fintech.

No, startups shouldn't always take the highest valuation, seed VCs say | TechCrunch

High startup valuations can lead to negative outcomes for growth and employee morale.

Benchmark is raising $170M for it's latest partners-only fund | TechCrunch

Benchmark Partners maintains a consistent fund size of $425 million, deviating from the trend of larger funds in Silicon Valley.

I Was a Founder Before I Became an Investor - Here's How It Shaped My Investment Strategy | Entrepreneur

Investors with founder backgrounds provide crucial mentorship and guidance, positively impacting startup success rates.
The trend of founders becoming investors is changing the startup funding landscape.

How startups can do more than rack up huge valuations and maybe save the world | TechCrunch

Startups can pursue both profit and positive social impact simultaneously in their business models.

IT'S OFFICIAL: OpenAI is worth $157 billion

OpenAI raised $6.6 billion, achieving a $157 billion valuation, indicating strong investor confidence in the generative AI market.

49 US startups have become unicorns so far in 2024: Here's the full list | TechCrunch

Unicorns continue to emerge monthly despite a tight venture capital market, notably in AI, cybersecurity, health tech, and fintech.

No, startups shouldn't always take the highest valuation, seed VCs say | TechCrunch

High startup valuations can lead to negative outcomes for growth and employee morale.

Benchmark is raising $170M for it's latest partners-only fund | TechCrunch

Benchmark Partners maintains a consistent fund size of $425 million, deviating from the trend of larger funds in Silicon Valley.

I Was a Founder Before I Became an Investor - Here's How It Shaped My Investment Strategy | Entrepreneur

Investors with founder backgrounds provide crucial mentorship and guidance, positively impacting startup success rates.
The trend of founders becoming investors is changing the startup funding landscape.
moreventure-capital

Seven Things Angel Investors Want To See In A Startup Before Investing | HackerNoon

Startup funding is increasingly challenging due to economic conditions, requiring strong business strategies to attract angel investors.
#entrepreneurship

Found Live with Kai Kloepfer From Biofire | TechCrunch

Building a hardware startup in the firearm industry presents significant challenges related to funding and product development.

How to build a company while protecting your mental health | TechCrunch

Founders must prioritize mental health to avoid burnout and sustain their companies.

CoffeeSpace is a Hinge-like app that wants to help you find your co-founder | TechCrunch

CoffeeSpace connects aspiring entrepreneurs with co-founders through a personalized matching algorithm, transforming how business partnerships are formed.

In memory of Steve O'Hear | TechCrunch

Steve O'Hear was a remarkable journalist and an integral part of TechCrunch's legacy, leaving an indelible mark on tech journalism.

Found Live with Kai Kloepfer From Biofire | TechCrunch

Building a hardware startup in the firearm industry presents significant challenges related to funding and product development.

How to build a company while protecting your mental health | TechCrunch

Founders must prioritize mental health to avoid burnout and sustain their companies.

CoffeeSpace is a Hinge-like app that wants to help you find your co-founder | TechCrunch

CoffeeSpace connects aspiring entrepreneurs with co-founders through a personalized matching algorithm, transforming how business partnerships are formed.

In memory of Steve O'Hear | TechCrunch

Steve O'Hear was a remarkable journalist and an integral part of TechCrunch's legacy, leaving an indelible mark on tech journalism.
moreentrepreneurship

Startup Battlefield 200 Runnerup Announcement | TechCrunch

Startup Battlefield 200 is a prestigious competition showcasing the top 200 startups globally.
It has a significant history of successful alumni companies.
#techcrunch-disrupt-2024

Here are the 5 Startup Battlefield finalists at TechCrunch Disrupt 2024 | TechCrunch

Startup Battlefield 2024 finalists showcase groundbreaking innovations, poised to attract investment and drive change in their respective fields.

And the winner of Startup Battlefield at Disrupt 2024 is . . . Salva Health | TechCrunch

Salva Health won the Startup Battlefield 2024, addressing breast cancer detection issues in Latin America.

Zoox robotaxis are finally rolling out, Waymo snags more cash, and Aurora delays its self-driving truck launch | TechCrunch

Zoox's Jesse Levinson predicts no imminent launch for Tesla robotaxis in California, emphasizing realistic timelines in automotive development.

Here are the 5 Startup Battlefield finalists at TechCrunch Disrupt 2024 | TechCrunch

Startup Battlefield 2024 finalists showcase groundbreaking innovations, poised to attract investment and drive change in their respective fields.

And the winner of Startup Battlefield at Disrupt 2024 is . . . Salva Health | TechCrunch

Salva Health won the Startup Battlefield 2024, addressing breast cancer detection issues in Latin America.

Zoox robotaxis are finally rolling out, Waymo snags more cash, and Aurora delays its self-driving truck launch | TechCrunch

Zoox's Jesse Levinson predicts no imminent launch for Tesla robotaxis in California, emphasizing realistic timelines in automotive development.
moretechcrunch-disrupt-2024
#techcrunch-disrupt

Wiz CEO explains why he turned down a $23 billion deal | TechCrunch

Wiz's CEO Assaf Rappaport turned down a $23 billion offer from Google, believing cloud security holds even greater potential for growth.

TechCrunch Space: Disrupt 2024 wrap-up | TechCrunch

TechCrunch Disrupt 2024 showcased vital discussions on infrastructure challenges in the space industry, highlighting innovations in ground stations and upcoming launch capabilities.

Wiz CEO explains why he turned down a $23 billion deal | TechCrunch

Wiz's CEO Assaf Rappaport turned down a $23 billion offer from Google, believing cloud security holds even greater potential for growth.

TechCrunch Space: Disrupt 2024 wrap-up | TechCrunch

TechCrunch Disrupt 2024 showcased vital discussions on infrastructure challenges in the space industry, highlighting innovations in ground stations and upcoming launch capabilities.
moretechcrunch-disrupt

When startups should look to sell and when to keep fighting | TechCrunch

The decision to sell a startup versus growing it independently depends on market conditions, company maturity, and the founder's personal vision.

Materia Acquired by Thomson Reuters

Materia leverages AI to automate workflows in public accounting, enhancing efficiency and enabling teams to focus on advisory roles.

2024 Startup Battlefield Top 5 Finalists: MabLab | TechCrunch

Maker of 5-in-1, at-home rapid tests to screen for laced drugs and spiked drinks.

2024 Startup Battlefield Top 5 Finalists: geCKo Materials | TechCrunch

A bio-inspired Dry Adhesive that is ultra-strong, reusable, leaves no residue, and requires no force to detach.

How founders should hire tech talent in 2025 | TechCrunch

Founders must adapt hiring strategies in a tighter labor market, focusing on candidate experience and employee respect to retain talent.

Turnover Labs Raises $1.4M to Transform Industrial CO2 Emissions into Chemical Building Blocks

Turnover Labs' technology converts carbon manufacturing emissions into valuable industrial chemicals, addressing environmental impact and economic efficiency.

2024 Startup Battlefield Top 20 Finalists: MabLab | TechCrunch

Maker of 5-in-1, at-home rapid tests to screen for laced drugs and spiked drinks.

2024 Startup Battlefield Top 20 Finalists: geCKo Materials | TechCrunch

A bio-inspired Dry Adhesive that is ultra-strong, reusable, leaves no residue, and requires no force to detach.

Can You Fax a Check? Yes. Follow These Steps to Do it Safely

Faxing a check is possible and may be necessary in certain situations, despite easier alternatives.

Y Combinator-backed fintech CapWay has shut down | TechCrunch

CapWay, a fintech aiming to help those in banking deserts, has shut down, although its founder Sheena Allen vows to continue advocating for financial inclusion.

Vendor Comparison: Small Business Financial Accounting Software | TechRepublic

Financial accounting is essential for all businesses to record, store, and report transactions for operational success.

Here's the full list of 39 US AI startups that have raised $100M or more in 2024 | TechCrunch

Venture funding for AI companies surged to $18.9 billion in Q3 2024, reflecting strong investor confidence in the sector.
OpenAI's $6.6 billion venture round marked the largest deal in venture capital history.
Major funding rounds in AI demonstrate that investor interest remains high despite signs of AI fatigue.
Y Combinator is being criticized after it backed an AI startup that admits

it basically cloned another AI startup

https://t.co/A9zFzWNWi7 @Julie188 @techcrunch

Y Combinator is being criticized after it backed an AI startup that admits it basically cloned another AI startup | TechCrunch

PearAI initially mismanaged an open-source license, leading to controversy and an apology from the founder, who acknowledged the mistake and corrected the license.
#artificial-intelligence

Exclusive: AI-powered critical mineral startup Kobold Metals has raised $491M, filings reveal | TechCrunch

Kobold Metals has found a large copper deposit and is raising over half a billion dollars to fund its operations and exploration projects.

Palmer Luckey's buzzy defense firm Anduril is expanding into the space business

Anduril is entering the space market with a mission planned for 2025, focusing on AI-powered technologies. It has partnered with Apex for satellite development.

Exclusive: AI-powered critical mineral startup Kobold Metals has raised $491M, filings reveal | TechCrunch

Kobold Metals has found a large copper deposit and is raising over half a billion dollars to fund its operations and exploration projects.

Palmer Luckey's buzzy defense firm Anduril is expanding into the space business

Anduril is entering the space market with a mission planned for 2025, focusing on AI-powered technologies. It has partnered with Apex for satellite development.
moreartificial-intelligence

The Complete SaaS Stage Agenda at Disrupt 2024 | TechCrunch

SaaS is evolving rapidly, with a focus on AI, data management, and new business models at TechCrunch Disrupt 2024.

Prepared Secures $27M to Advance AI-Powered Emergency Response Technology

Next Generation 911 technology enhances emergency response with AI, improving communication and efficiency for over 240 million calls annually.

The 13 biggest take-private PE acquisitions so far this year in tech | TechCrunch

Private equity is increasingly becoming a key liquidity source for tech startups in 2024, with notable acquisitions changing the landscape.

OpenAI's rivals are on the prowl after an exodus of high-level executives

OpenAI is experiencing significant executive departures, raising concerns about its talent retention and competitiveness in the AI space.

AI will radically change every job in the next year, Indeed CEO says

Hyams' diverse experiences fostered empathy, which is critical for leadership, especially amid changing employment landscapes influenced by technology.

Down 80%: Fidelity says X has plummeted in value since Elon Musk's takeover - reports

Fidelity reports significant drop in X's value to $9.4 billion, down from $44 billion paid by Musk.
Advertiser boycotts linked to content moderation issues have severely impacted X's revenue.
Musk's allegations of 'blackmail' against advertisers highlight ongoing tensions with the platform's sponsorship dynamics.

Elon Musk Has Wiped Out a Shocking Amount of Twitter's Value In Less Than 2 Years

Musk's acquisition of Twitter has drastically devalued the platform, with Fidelity reporting a 78.7% decline in its investment stake.

EigenLayer's Token Launch Draws Scrutiny Over Supply Concerns

EigenLayer's early investors are criticized for not being restricted by token lock-ups, impacting market dynamics.
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