Startups

Capsule captures $12M to build the next version of its AI video editor for brands

Capsule is upgrading its AI-powered video editing assistant for marketing, sales, and media teams following the close of a $12 million round of Series A funding, the company announced on Wednesday. The upgraded editor will include new features like AI suggestions and support for real-time collaboration. The new version of its studio software will feature

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Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve

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Rippling is trying to serve Deel’s CEO, but bailiffs can’t find him

HR tech startup Rippling is trying to serve Deel CEO Alex Bouaziz with papers as part of a blockbuster lawsuit against its competitor. There’s just one problem: French bailiffs hired by Rippling can’t seem to find Bouaziz, Irish newspaper Business Post reports. Rippling sued Deel earlier this year in Ireland alleging the company paid one

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Forerunner’s long game: As startups stall before IPO, all options are on the table

Thirteen years ago, Forerunner Ventures began helping to usher in a new era of consumer startups, including Warby Parker, Bonobos, and Glossier. None has gone through a traditional IPO process. Warby Parker was taken public through a special purpose acquisition vehicle. Bonobos was acquired by Walmart. Glossier is still privately held, along with many other

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38 consumer startup founders lobby over Trump tariffs: One faces a surprise $200K bill

Small businesses could be crushed under President Trump’s increased tariffs, according to an open letter by 38 female consumer product founders. While Trump paused his tariff increases for 90 days for various countries – setting the rate at 10% for now  –  China’s was raised to 145%, which includes the previous 20% levy. In the

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Stripe CEO says company management regularly asks customers for ‘candid feedback’

Digital payments platform Stripe invites customers to join its management team meetings on a bi-weekly basis so it can get “candid feedback,” according to co-founder Patrick Collison. In an April 8 post on X, the fintech giant’s CEO said the company has a customer join for the first 30 minutes of the meeting, which is

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Why Nest co-founder Matt Rogers is still bullish on HVAC

Back in 2010, when Matt Rogers founded Nest with Tony Fadell, home heating and cooling wasn’t exactly an area you’d think two ex-Apple engineers would be obsessing about.  That fixation defined a new category of product, the smart thermostat, which is now serving as a beachhead for other companies’ smart home ambitions, even as Google

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Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines

Albert Saniger, the founder and former CEO of Nate, an AI shopping app that promised a “universal” checkout experience, was charged with defrauding investors on Wednesday, according to a press release from the U.S. Department of Justice. Founded in 2018, Nate raised over $50 million from investors like Coatue and Forerunner Ventures, most recently raising

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