Startups

Joby launches $200M public offering ahead of 2025 commercial eVTOL release

Electric vertical takeoff and landing vehicle startup Joby Aviation has launched a public offering to sell up to $200 million of its shares of common stock, per a regulatory filing. Joby said it will use the proceeds from the raise — together with its existing cash — to fund its certification and manufacturing efforts, prepare […]

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Lumen Orbit closed one of the biggest rounds from Y Combinator’s last cohort

Lumen Orbit has closed an oversubscribed, eight-figure seed round of more than $10 million, a source familiar with the details told TechCrunch. That would make it one of the hottest deals, if not the hottest deal, of the most recent Y Combinator batch. The Redmond, Washington-based startup is pursuing a moonshot idea to build a

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WordPress co-founder Matt Mullenweg joining Disrupt 2024

We’re excited to announce that Matt Mullenweg, co-founder of the popular blogging platform WordPress, will be taking the Disrupt Stage at TechCrunch Disrupt 2024. When Mullenweg first started working on WordPress, he was a 19-year-old jazz enthusiast and photographer in Texas who noticed the blogging software that he used had been stagnating — so he

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After selling Anchor to Spotify, co-founders reunite to build AI educational startup Oboe

The co-founders who sold their last startup to Spotify are working on a new project: an AI-powered educational startup called Oboe backed by a $4 million seed investment. The new company, hailing from Nir Zicherman and Michael Mignano, aims to democratize access to learning the way that their prior startup, Anchor, made it possible for

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Supply chain startup Interos lands new customers, cash

Each year, supply chain disruptions cost the global economy trillions of dollars. In a recent McKinsey poll, nine in ten businesses said they had encountered logistics challenges over the past 12 months. Headwinds have only grown stronger as chaos reigns in key shipping corridors. Attacks on freighters continue in the Red Sea. Flooding is disrupting

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Flock Safety paid over $300M for 17-month-old drone startup Aerodome

Last week, police surveillance startup Flock Safety announced that it had bought drone startup Aerodome. The acquisition price was over $300 million, according to sources in the venture world. The number has not been previously reported.  Both Flock Safety and Aerodome are backed by Andreessen Horowitz and have raised over $680 million and $28 million,

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DuckDuckGo will be making more early-stage investments in privacy-focused startups

DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance,

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