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.
Remote driving startup Phantom Auto is shutting down | TechCrunch
Phantom Auto, a remote driving startup, is shutting down due to the failure to secure new funding after raising $95 million.
The demise of Phantom Auto is part of a trend in the autonomous vehicle industry where startups faced challenges in funding and operations.