Startups

SurrealDB is helping developers consolidate their databases

Startups /

Brothers Tobie Morgan Hitchcock and Jaime Hitchcock spent years building cloud-based software-as-a-service (SaaS) systems together, ranging from tools to let golf courses measure “golfer engagement” to online platforms designed to assess job candidates. While the systems they built had wildly different functions, the unifying thread running through all of them was a dependence on databases […]

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After 20 months of trying to raise funds, insurance startup Loop cuts staff

Startups /

Loop, the car insurance company co-founded by Harlem Capital co-founder John Henry, has laid off staff as the company struggles with fundraising.  Henry took to Instagram to post the email his co-founder Carey Nadeau sent to impacted staff on June 16th. Nadeu also posted the letter to LinkedIn. It stated that this was the “absolute

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Today’s your last chance to apply for the Startup Battlefield 200

Startups /

Today’s the day, startup founders. It’s your final opportunity to join Startup Battlefield 200, the world’s preeminent startup competition, at TechCrunch Disrupt in October. It’s your last chance to launch on a global stage like 900+ other Startup Battlefield companies have, including Vurb, Trello, Mint, Dropbox, Yammer, TripIt, Redbeacon, Qwiki, Getaround and Soluto. Startup Battlefield

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Privacy app maker Proton transitions to non-profit foundation structure

Startups /

Proton, the Swiss company behind a suite of privacy-focused apps such as ProtonMail, is following in the footsteps of Signal and Mozilla by transitioning to a new non-profit foundation model. The newly setup Proton Foundation will serve as the main shareholder to the existing corporate entity that is Proton AG, which will continue as a

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India’s Oyo, once valued at $10B, finalizes new funding at $2.5B valuation

Startups /

Oyo, the Indian budget-hotel chain startup, is finalizing a fresh fundraise of about $100 million to $125 million that slashes its valuation to $2.5 billion, two people familiar with the matter told TechCrunch.  That’s a steep decline in the Gurgaon-headquartered startup’s value, which was worth $10 billion in 2019. The startup, struggling to raise from

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Black founders are creating tailored ChatGPTs for a more personalized experience

Startups /

At first, John Pasmore was excited about ChatGPT.  The serial founder had been in the artificial intelligence space since at least 2008. He recalled the days when experts declared it would take decades before the world saw anything like a ChatGPT. Fast-forward — that day has now come.  But there is a catch.  ChatGPT, one of

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GPTZero’s founders, still in their 20s, have a profitable AI detection startup, millions in the bank and a new $10M Series A

Startups /

Among all the young AI startups being ruthlessly pursued by VCs these days, GPTZero has already grown into profitability in its first year and a half of life, generating millions in revenue. Founded by 24-year-old Edward Tian and 26-year-old Alex Cui, who’ve been friends since high school, GPTZero offers a detection tool that helps identify

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Court halts Byju’s second rights issue as $200M fundraise falters

Startups /

Byju’s is having a hard time raising the full $200 million from its rights issues that its founder had previously claimed was oversubscribed, sources familiar with the matter told TechCrunch. And now India’s National Company Law Tribunal has restrained the company from proceeding with its second rights issue amid allegations of oppression and mismanagement by

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