Startups

Founder of failed fintech Synapse says he’s raised $11M for new robotics startup

Tens of millions of customer dollars remain unaccounted for at his previous startup, fintech Synapse. But that’s not deterring Sankaet Pathak from forging full steam ahead with his new robotics venture. Foundation is a robotics startup with a self-proclaimed mission “to create advanced humanoid robots that can operate in complex environments” to address the labor

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Trace Machina is building a simulation testing platform to update safety-critical applications

When a faulty CrowdStrike update brought down airports, 911 call centers and hospitals last month, it showed how a defective update could impact critical infrastructure. Now imagine that this update was for something like an autonomous vehicle or a warehouse robot, and the implications of a bad update could be even more severe. Trace Machina,

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Dropbox acquires Index Ventures-backed AI scheduling tool Reclaim.ai

Dropbox has acquired AI-powered scheduling tool Reclaim.ai, which counts Calendly and Index Ventures among its backers. The development was revealed in a blog post on Reclaim.ai’s website Tuesday. Dropbox hasn’t disclosed the terms of the deal. Reclaim.ai, which was founded in 2019 by Henry Shapiro and Patrick Lightbody, said the company plans to continue developing

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Two incident management startups join forces as FireHydrant nabs Blameless

FireHydrant, a NYC incident management startup that launched in 2019, announced on Wednesday that it has acquired Blameless, a former competitor. The companies did not share the purchase price. Both companies help SREs (site reliability engineers) deal with the daunting job of keeping software and websites up and running. When things go wrong, they help

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Etched founder Gavin Uberti thinks his company stands on the “shoulders of giants”

The release of ChatGPT in November 2022 sparked a new wave of AI companies. It also brought attention to the companies that were already building in the space like Etched. Etched co-founder and CEO Gavin Uberti said on a recent episode of TechCrunch’s Found podcast that his company “stands on the shoulders of giants.” While

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