As predicted, ServiceTitan’s wildly successful IPO is beckoning other fintechs to move forward on their own public debuts. Digital bank Chime has filed its confidential paperwork with the SEC, Bloomberg reports. It’s been prepping for this moment since it hired banker Morgan Stanley in September, with an eye to IPO in 2025. The IPO won’t […]
$25 billion valuation Chime takes another step towards an IPO Read More »
Indian startups raised 32% fewer funding rounds in 2024 compared to last year, per new numbers from data intelligence platform Tracxn, signaling that investors are being more selective when striking deals. The number of startup funding rounds fell to 1,448 compared to 2,114 last year, but overall funding rose 6% to $11.3 billion — the
Indian startups raised 32% fewer rounds in 2024 as VCs got selective Read More »
After nearly four years of working in sales at tradesperson software company ServiceTitan, Mark Hoadley (pictured above) was looking for a change and to potentially start something of his own in a similar industry. Hoadley’s brother-in-law, and now co-founder, Ben Sikma, was working on M&A in the waste management space at the time. Sikma discovered
Hauler Hero wants to bring waste management software into the 21st century Read More »
When it comes to frontier technology, the interests of government and Silicon Valley are increasingly aligned. We’ve been watching a trend emerge where dual-use startups cut their teeth by solving defense, infrastructure, or intelligence problems for the government and then scale up by taking those products to the public. “The advantage the government has is
Building physical tech is back in fashion thanks to AI, robotics, and defense Read More »
Nuclear startup Oklo has signed a massive deal with data center operator Switch, but caveats abound. The new agreement would see Oklo building enough small modular reactors (SMR) by 2044 to generate 12 gigawatts of electricity for Switch’s data centers, which today serve a wide range of companies, including Google, Nvidia, Tesla, Paypal, JP Morgan
A U.S. court ruled in August that Google has a search monopoly, and while Google appeals, the Justice Department is figuring out what kind of potential penalties to impose — like breaking off Chrome. As part of this process, the DOJ wants to call on a specific witness, according to a recent court filing: Dmitry
The DOJ wants a Perplexity executive to testify in its Google antitrust case Read More »
Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was skeptical. Morehouse told TechCrunch that after that
Nuon helps companies deploy their software into their customers’ cloud accounts Read More »
Skims co-founder Jens Grede has confirmed that plans for an IPO are on the back burner—for now at least, according to a new interview with WWD. TechCrunch reported in August that investors were hoping for the retail darling, last valued at $4 billion, to go public, and the Information reported that the earliest it could
Skims co-founder Jens Grede addresses those IPO rumors Read More »
Cybersecurity practitioners take a community-driven approach to solving problems. Security researchers share the vulnerabilities they find with the broader cybersecurity community, which allows companies to patch up their security holes before something catastrophic happens. Prequel is looking to bring that same approach to software. The startup is building a database of software failure patterns or
Prequel is building a community-driven approach to finding software bugs Read More »
Juicyway, an African fintech that leverages stablecoin technology to power fast and cheap cross-border payments, is launching out of stealth after processing over $1 billion in transaction volume for thousands of African businesses over the last three years. The fintech claims to have processed over 25,000 transactions, generating $1.3 billion in total payment volume (TPV)
