Startups

Monarch Tractors won’t be built by Foxconn after Ohio factory sale

Foxconn will no longer build electric tractors for California startup Monarch Tractor after the Taiwanese tech giant recently sold its Ohio factory to SoftBank. Monarch CEO Praveen Penmetsa confirmed the news in a LinkedIn comment Tuesday. He also said his company worked with Foxconn to “build up inventory” before the sale of the factory, noting

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Perplexity offers to buy Chrome for billions more than it’s raised

In a moonshot move, AI search engine Perplexity has offered to buy Chrome from Google for $34.5 billion cash in an unsolicited offer, Reuters reported and Perplexity has confirmed to TechCrunch. Perplexity tells TC the terms of the offer include a commitment to keep Chrome’s underlying engine, Chromium, open source and continue to invest in

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Anduril opens solid rocket motor factory amidst ongoing chemical chokepoint

Anduril has officially brought its high-volume solid rocket motor factory online in Mississippi as it races to fulfill America’s demand for space and defense missions and challenge a decades-long duopoly between two major defense contractors.  The Mississippi factory will be able to produce 6,000 tactical motors a year by the end of 2026, enough volume

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Pronto’s 10-minute house help pitch sparked a 3.6x valuation jump in just 90 days

In 2025, the average urban Indian no longer needs to wait very long for much (except at government offices and in traffic): They simply have to order what they need from an app, and it’ll be delivered within minutes. The explosion of quick-commerce in the country has meant that millions of Indians are getting increasingly

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Nigerian profitable food delivery Chowdeck lands $9M from Novastar, Y Combinator

Chowdeck, a Lagos-based food delivery startup that has stayed profitable in a notoriously tough and low-margin market, has raised $9 million in Series A funding to launch a quick commerce strategy and expand into more cities in Nigeria and Ghana. The equity round was led by Novastar Ventures, with participation from Y Combinator, AAIC Investment,

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Why investors just bet $85M on this Indian company’s generic drug strategy

With over 400 million chronic patients, India is one of the world’s largest medicine markets. But while most e-pharmacies chase speed, affordability remains the real challenge. Truemeds took a different route: helping patients switch to lower-cost substitutes, a bet now paying off with new funding at about four times its previous valuation. The six-year-old startup

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The computer science dream has become a nightmare

Well, the coding-equals-prosperity promise has officially collapsed. Fresh computer science graduates are facing unemployment rates of 6.1% to 7.5% — more than double what biology and art history majors are experiencing, according to a recent Federal Reserve Bank of New York study. A crushing New York Times piece highlights what’s happening on the ground. The

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IPO hopeful Brex scored major win to sell in the EU, plans UK expansion

Financial services provider Brex on Thursday announced that it achieved a major milestone: it is now licensed in the European Union. That means it can now directly issue credit and debit cards and offer its spend management products to any business in all 30 EU countries with “no workarounds required,” as co-founder and CEO Pedro

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