Startups

Not all startups mourn IPOs, but liquidity still must flow

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. Several startups announced new rounds this week without disclosing their valuation. This doesn’t mean that these were down rounds, but rather it confirms that our collective focus

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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

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