Startups

Founders Fund leads financing of composites startup Layup Parts

Startups /

Scarcely five months after its founding, hard tech startup Layup Parts has landed a $9 million round of financing led by Founders Fund to transform composites manufacturing. Lux Capital and Haystack also participated. The breakneck pace is more than a subtle indication that investors’ appetite for tech-focused solutions to the woes of the American industrial base […]

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Sources: Mistral AI raising at a $6B valuation, SoftBank ‘not in’ but DST is

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Investors are feverishly continuing to evaluate AI startups, and to try to avoid simply chasing a fad, they are paying extra-close attention to founders building what are typically described as ‘foundational’ technology Paris-based Mistral AI, a startup working on open source large language models — the building block for generative AI services — has been

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Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025

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Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025, the company’s CEO and co-founder, Yod Chinsupakul, said in an exclusive interview with TechCrunch. Line Man Wongnai has yet to finalize where it will launch the IPO, but a dual-listing

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Gratitude Plus makes social networking positive, private and personal

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Private social networking is making a comeback. Gratitude Plus, a startup that aims to shift social media in a more positive direction, is expanding its wellness-focused, personal reflections journal to include support for families who want to stay in touch even when physically distant.  The startup, whose name reflects its core offering of a gratitude

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Can AI help founders fundraise more quickly and easily?

Startups /

With venture totals slipping year-over-year in key markets like the United States, and concern that venture firms themselves are struggling to raise more capital, founders might be worried. After all, if private-market investment doesn’t perk up in the coming quarters, we could be on track for yet another year of declines in total startup investment

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Meati Foods bites into another $100M amid growth to 7,000 retail locations

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Mushrooms continue to be a big area for alternative proteins. Canada-based Maia Farms recently raised $1.7 million to develop a blend of mushroom and plant-based protein using biomass fermentation. There’s also MyForest Foods and Fable Food. Then there’s Meati Foods, which claims it’s like no other alternative protein. The company makes cutlets and steaks from

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Atlan scores $105M for its data control plane, as LLMs boost importance of data

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For the founders of Atlan, a data governance startup, data has always been at the heart of what they do, even before they launched the company. In fact, co-founders Prukalpa Sankar and Varun Banka got their start building India’s national data platform called SocialCops. So it probably shouldn’t come as a surprise that they have

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India’s Oyo, once valued at $10 billion, seeks new funding at 70% discount

Startups /

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three sources familiar with the matter told TechCrunch. The startup is engaging with investors, including Malaysia’s sovereign wealth fund Khazanah, for the new funding, the sources

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