When Figma announced its initial hoped-for price range on Monday ($25-$28), it also revealed an unusual decision for its highly anticipated IPO. It will allow existing shareholders to sell more shares than the company plans to sell, by a high ratio. The company plans to offer about 12.5 million shares. Yet existing shareholders will be […]
Enterprise design startup Figma enters the next step of its IPO journey. Figma announced that it is kicking off its IPO roadshow on Monday. The company plans to offer more than 36 million shares of class A stock that are expected to be priced between $25 and $28 a share. This offering includes a mix
Figma looks to raise nearly $1 billion as it kicks off its IPO roadshow Read More »
Andy Byron, the startup executive at the center of an extraordinary social media furor, has resigned as CEO of data operations startup Astronomer. Byron, who is married, was captured on a Coldplay concert “kiss cam” with his arms around the company’s chief people officer Kristin Cabot. After Byron and Cabot quickly tried to hide from
Astronomer CEO resigns following Coldplay concert scandal Read More »
California Forever announced on Thursday plans to build a massive manufacturing park called Solano Foundry, the newest addition to its master-planned “utopian” city backed by a group of Silicon Valley billionaires. Solano Foundry is 2,100 acres that can host 40 million square feet of advanced tech manufacturing space. The manufacturing park will be built as
‘Utopian’ city California Forever announces huge tech manufacturing park Read More »
Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advance automation to deliver mass-produced parts for aerospace
Hadrian raises $260M to build out automated factories for space and defense parts Read More »
The beauty industry has seen an explosion of offerings recently. Customers can now access treatments far beyond basic hair and nail care, from wrinkle-smoothing Botox and fillers to permanent laser hair removal and even weight management through GLP-1 medications. Riding this wave of industry growth is Boulevard, a provider of scheduling and payment software for
Boulevard raises $80M to power self-care boom driven by Botox and GLP-1 surge Read More »
The tech layoff wave is still kicking in 2025. Last year saw more than 150,000 job cuts across 549 companies, according to independent layoffs tracker Layoffs.fyi. So far this year, more than 22,000 workers have been the victim of reductions across the tech industry, with a staggering 16,084 cuts taking place in February alone. We’re
A comprehensive list of 2025 tech layoffs Read More »
Via, the transit software startup that garnered attention for its consumer-facing on-demand shuttle service, said it has filed confidentially for an initial public offering. Via has been batting around plans for an IPO for years. The company filed confidentially for an IPO in 2021, but never took the next official and regulatory steps to enter
Transit software startup Via confidentially files for an IPO Read More »
While U.S.-based companies are launching more payloads into orbit than ever before, they’re still limited by the inefficiency of conventional rockets. With rockets, most of the weight is in the propellant, not the payload, and a huge portion of it is burned simply battling Earth’s gravity and atmosphere. Auriga Space is aiming to change the
Auriga Space raises $6M to shoot rockets off an electromagnetic launch track Read More »
Today’s the day! TechCrunch All Stage is lighting up Boston’s SoWa Power Station at 7:30 a.m. ET sharp. The stages are set, the speakers are ready, and the startup community is gathering for one powerful day of insight, innovation, and momentum. In Boston and ready to scale your startup faster and more efficiently? There’s still
TC All Stage launches in Boston today Read More »
