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Hgen draws on lessons from Tesla and SpaceX to drive down the cost of hydrogen 

Fundraising /

Hydrogen might be touted as a fuel of the future that stands ready to decarbonize shipping and industry, but for the 90 million metric tons used today in everything from fertilizer production and chemical manufacturing, 96% is derived directly from natural gas, oil, or coal. For instance, one of the most common ways is through […]

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Greenlite, founded by an ex-Gopuff exec, automates construction permitting

AI /

Construction permitting often involves drafting lengthy applications, leading to unpredictable timelines for developers and businesses. There are tens of thousands of jurisdictions — each with their own different forms and application processes for building permits. Ben Allen knows a thing or two about permitting. While leading business expansion and strategy at Gopuff, Allen was charged

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Orb founders grew so frustrated dealing with billing at Asana, they built their own billing software

Startups /

Billing might not be something that the average person thinks about on a regular basis. But for companies — particularly those in the business of selling software — it’s massively important. They rely on billing systems to ensure that customers pay on time and have a range of ways to pay. The trouble is, configuring

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Quick-commerce startup Flink raises another $150M at a valuation of nearly $1B

Startups /

Flink, a quick-commerce startup out of Berlin that was an acquisition target of Gorillas, Getir, Amazon, and Gopuff, is spelling out how it plans to go forth on its own. TechCrunch has exclusively learned that the company has raised $150 million, which it will use to double down on business in Germany and the Netherlands

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TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers

Enterprise /

Arjun Vora and Tito Goldstein were working on the corporate side of Uber when they realized that HR software largely wasn’t built to manage hourly staff. Many hourly workers lacked a way to complete basic self-service tasks, the pair perceived, like clocking in and changing payment accounts. After interviewing hundreds of Uber drivers, Vora, an

TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers Read More »

DryMerge promises to connect apps that normally don’t talk to each other — and when it works, it’s great

AI /

Platforms to connect apps that wouldn’t normally talk to each other have been around for a minute (see: Zapier). But they have not gotten dramatically simpler to use if you’re nontechnical. Generative AI has lowered the barrier to entry somewhat. However, getting the most out of these platforms — and fixing things when they break

DryMerge promises to connect apps that normally don’t talk to each other — and when it works, it’s great Read More »

A fight is brewing as TuSimple tries to move $450M to China and pivot from self-driving trucks to AI animation

Transportation /

TuSimple, once a buzzy startup considered a leader in self-driving trucks, is trying to move its assets to China to fund a new AI-generated animation and video game business. The pivot has not only puzzled and enraged several shareholders, but also threatens to pull the company back into a legal morass mere weeks after reaching

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XP Health grabs $32M to bring employees more affordable vision care

Biotech & Health /

Antonio Moraes, the grandson of a late prominent Brazilian billionaire, was never interested in joining the family-owned conglomerate of construction companies and a bank. Shortly after graduating from college, he founded one of Brazil’s first impact funds, which invested primarily in companies that made healthcare more accessible and affordable. But while attending Stanford University, where

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Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama

Fintech /

Online sports apparel retailer Fanatics has agreed to settle and drop a lawsuit that it filed against troubled one-click payments provider Bolt in March, according to court documents obtained by TechCrunch.  The settlement occurred as Bolt was in the thick of a new gambit to raise a large round of financing, including a “cramdown” threat

Bolt has quietly settled its lawsuit with Fanatics amid ongoing boardroom drama Read More »