Tessell, a startup developing a multi-cloud database-as-a-service, has raised $60 million in a new funding round led by WestBridge Capital ahead of its plans to expand its market presence and launch an AI-powered conversational database management service. As data becomes more critical than ever, many companies are struggling to manage and store it efficiently. Legacy […]
Tessell snags $60M to drive data management at scale Read More »
Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took root in another Bezos-connected company called Re:Build Manufacturing, has been operating quietly since its
Inside the EV startup secretly backed by Jeff Bezos Read More »
Rain, a startup offering employer-integrated earned wage access (EWA) app coupled with financial-wellness features like overdraft alerts and spending trends, has raised $75 million in an all-equity Series B round. The round was led by Prosus at a post-money valuation of $340 million. Rain plans to use the new funds to help it add credit
Los Angeles-based Rain raised a $75M Series B in another good sign for fintech Read More »
Nikola founder Trevor Milton, who was recently pardoned after being convicted of securities fraud, is trying to buy the assets of his former company out of bankruptcy, according to new court filings and a person familiar with the matter. Nikola filed for Chapter 11 bankruptcy protection in February and has said it hopes to sell
Nikola founder Trevor Milton wants to buy the bankrupt startup’s assets Read More »
A leak site used by the Everest ransomware gang was hacked and defaced this weekend, TechCrunch has learned. The leak site, which the ransomware gang uses to publish stolen files to extort its victims into paying a ransom demand, was replaced with a brief text note: “Don’t do crime CRIME IS BAD xoxo from Prague.”
Someone hacked ransomware gang Everest’s leak site Read More »
Ballistic Ventures, the VC firm co-founded by Ted Schlein (known for his years at Kleiner Perkins), is raising $100 million for a new fund, TechCrunch has learned through a regulatory filing. This week, the San Francisco-based VC firm filed with the U.S. Securities and Exchange Commission to raise the new fund, just over a year after
Ted Schlein’s Ballistic Ventures is raising $100M for a new fund Read More »
Thatch, a startup that aims to transform the health insurance experience for employers and employees alike, has raised $40 million in a Series B round of funding, it tells TechCrunch exclusively. Index Ventures led the financing, which included participation from existing backers Andreessen Horowitz (a16z), General Catalyst, SemperVirens, PeopleTech Partners, The General Partnership, and new
Thatch raises $40M to give employees more control of their health care choices Read More »
Redwood Materials has been on an expansion tear in recent years — growth that has extended the lithium-ion battery recycling and materials startup’s footprint well beyond its Carson City, Nevada headquarters as it locked up deals with Toyota, Panasonic, and, GM, started construction on a South Carolina factory, and made an acquisition in Europe. And
Redwood Materials preps for expansion spree with new R&D center in San Francisco Read More »
During the COVID-19 pandemic, mortgage interest rates dropped to historic lows — as low as 2.5%. Fast-forward a few years and rates soared — to highs nearing 8% in 2023, with the national average 30-year fixed mortgage APR as of April 1 still at 6.84%. The whiplash has left many people seeking to buy homes
AI sales rep startups are a very crowded market these days. If you’re driving into San Francisco from the airport, you’ll probably spot billboards promising that you can “Stop Hiring Humans” (Artisan) or urging you to “Hire Piper, the AI SDR” (Qualified). While some of these startups are certainly growing fast, the field has its
Actively AI raises $22.5M to offer sales ‘superintelligence,’ says AI SDRs failed Read More »
