Ribbit Capital, a venture firm known for its fintech investments, is raising $500 million for a new fund, a filing with the U.S. Securities and Exchange Commission (SEC) revealed on Wednesday. The new capital appears to be a part of the Palo Alto-based venture firm’s latest flagship fund, titled Ribbit Capital Y, the SEC filing […]
In another good sign for fintech, Ribbit Capital is raising a new $500M fund Read More »
Former NSA deputy director George Barnes has made his first investment as a venture capitalist for his new job at the VC incubation studio Red Cell Partners. It’s a $3 million seed deal in an open source cybersecurity startup called Hunted Labs, he told TechCrunch exclusively. Barnes spent his entire 35-year career at the spy agency,
Hunted Labs lands $3M to find suspicious open source contributors Read More »
After hitting record lows at the start of the pandemic, mortgage rates began to climb in 2022 and haven’t come down significantly since. With 30-year mortgage rates hovering at over 6.5% today (they were as low as 2.49% in 2020!), buying a home is simply not that attainable for many people. One Denver-based startup is
Prezent, a startup empowering customers to build slide decks using generative AI, has raised $20 million as it further develops and refines its AI models for different use cases and expands into new markets. AI has many different applications — one of which is generating decks for business presentations, as it turns out. Off-the-shelf models
Prezent raises $20M to build AI for slide decks Read More »
Spend time at a university, and inevitably you’ll come across someone who has a plan to save the world, or at least make some small part of it better. It might be merely the optimism of youth, but sometimes they’re actually on to something. Critical Venture Partners is betting that young founders plucked fresh from universities
New $5M fund aims to lure founders from universities Read More »
Spend time at a university, and inevitably you’ll come across someone who has a plan to save the world, or at least make some small part of it better. It might be merely the optimism of youth, but sometimes, they’re actually onto something. Critical Venture Partners is betting that young founders plucked fresh from universities can
New $5M deep tech fund aims to lure founders from universities Read More »
The electric vehicle transition is really a story about China. There, subsidies have helped juice not just automakers, but the entire battery supply chain behind them. Those incentives, plus decades of industrial policy focused on controlled critical mineral supply chains, has left American and European automakers flat footed. Take graphite, for example. Every lithium-ion battery
Coreshell has a plan to slash the price of American made batteries Read More »
OpenAI will soon begin testing a way for business customers to connect apps like Slack and Google Drive to ChatGPT. OpenAI plans to start beta testing a new feature called ChatGPT Connectors, according to a document viewed by TechCrunch. ChatGPT Connectors will allow ChatGPT Team subscribers to link workspace Google Drive and Slack accounts to
OpenAI to start testing ChatGPT connectors for Google Drive and Slack Read More »
Artificial intelligence continues stirring things up in chemistry. To wit: YC-backed Cambridge, U.K.-based ReactWise is using AI to speed up chemical manufacture — a key step in bringing new drugs to market. Once a promising drug has been identified in the lab, pharma firms need to be able to produce much larger amounts of the
YC-backed ReactWise is applying AI to speed up drug manufacturing Read More »
For someone who wants solar panels, the question is often: “How many?” And for a heat pump, it’s “how big?” Answering those questions typically requires a contractor to set foot on your property. Yet over the last decade, solar installers have trimmed that time consuming process considerably. Some, like Tesla, have eliminated it entirely. The
Palmetto wants software developers to electrify America using its AI building models Read More »
