Startups

Perplexity acquires Read.cv, a social media platform for professionals

Startups /

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations today. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe […]

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Failed fintech startup Bench racked up over $65 million in debt, documents reveal

Startups /

Bench, the accounting startup that imploded over the holidays, filed for bankruptcy in Canada on January 7 revealing massive debts, documents seen by TechCrunch show.  The filings — one for Bench and another for 10Sheet, Bench’s original name — show that Bench had $2.8 million in cash on hand by the end of its life

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Goldman Sachs’ David Solomon tells startups to reconsider going public

Startups /

Goldman Sachs is one of the biggest investment banker “book runners” for IPOs – where banks are paid many millions of dollars for each listing they underwrite. Yet CEO David Solomon told attendees of the Cisco AI Summit in Palo Alto that startups should reconsider the idea of going public, reports the Financial Times.  Solomon

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Anduril to build its billion-dollar weapons megafactory in Ohio

Startups /

On Thursday Anduril announced it is building its massive weapons factory, Arsenal-1, in Columbus, Ohio, confirming TechCrunch’s earlier reporting. In a blog post, the company said that it will invest close to $1 billion of its own money into the project and that the factory will be five million square feet. The post also claims

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Dub.co is an open-source URL shortener and link attribution engine packed into one

Startups /

In the last few weeks, PayPal-owned Honey, which claims to find you the best coupon codes for a deal, has been at the center of controversy. Allegedly, the tool sneakily earned affiliate money by changing attributes of product links creators posted on their videos. At the center of it, the problem was how affiliate links

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‘Social media should be built on protocols, not platforms’ says Mastodon CEO Eugen Rochko

Startups /

“Social media should be built on protocols, not platforms,” Mastodon CEO Eugen Rochko said in an interview for TechCrunch’s Equity podcast. “And people should be able to choose freely between different platforms and also be able to move between them.”   Rochko is advocating here for a more decentralized approach to social media, one that allows

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Google-backed Pixxel launches India’s first private satellite constellation

Startups /

Pixxel, an Indian space tech startup, has successfully launched the first three hyperspectral satellites of its commercial constellation Firefly aboard a SpaceX rocket from California, marking a significant milestone for India’s growing space ambitions. India is home to around 300 space startups and has gained worldwide attention for recent developments, including the successful landing of

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Float Financial, which aims to be the Brex of Canada, lands US$48.5M Series B

Startups /

Float Financial, an expense management and corporate card startup focused on the Canadian market, has raised $48.5 million in a Series B funding round. The Toronto-based fintech likens itself to U.S.-based fintech giants Brex and Ramp but says it is different in that its sole focus is on Canadian SMBs, which CEO and co-founder Rob

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