Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting […]
AI startups attracted 25% of Europe’s VC funding Read More »
Instagram is testing a way for you to see content from friends that you might have missed. The social network has started displaying unseen Story Highlights from a user’s mutual followers at the end of the Stories tray, which is the area at the top of your feed where you see Stories from your friends.
Instagram tests a way to show you Story Highlights you didn’t get a chance to see Read More »
There’s a mismatch in climate tech investing: Well over half of all dollars invested since 2020 have flowed into startups working on energy and transportation, according to Sightline Climate. “It’s awesome to see those solutions doing well,” Michael Luciani, founding partner at Juniper, told TechCrunch. But as he points out, those sectors represent less than
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the
EV startup Canoo places remaining employees on a ‘mandatory unpaid break’ Read More »
On the first day of Y Combinator’s winter 2024 session — right after orientation and a photo in front of the YC sign — the founders of PearAI got “canceled,” as founder Nang Ang described it to TechCrunch, receiving an outpouring of online hate. But they survived and graduated the YC’s winter 2024 cohort earlier this
There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage
Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth Read More »
There is a new venture fund in town. Swizzle Ventures, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just over $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage firm looking to
Swizzle Ventures raises $5M for inaugural fund addressing women’s health and wealth Read More »
Lerer Hippeau, one of New York’s most prolific A-list VC firms, has filed to raise its ninth fund, according to an SEC filing made Wednesday. There is no target raise amount. Lerer Hippeau did not immediately respond to our request for comment. The firm, founded in 2010, has more than $1.2 billion in assets under
Lerer Hippeau files to raise Fund IX Read More »
Four employees have sued Rivian in separate lawsuits this year over allegations they were harassed, in some cases by top executives, and that the company’s leadership did little to address their concerns, according to a TechCrunch review of court records. Rivian has also reached settlements in three other harassment and discrimination cases, TechCrunch has learned.
Rivian executives accused of harassment in previously unreported lawsuits Read More »
Uzbekistan’s mobile-exclusive bank, TBC Bank Uzbekistan, has raised $37 million in a new funding round to bolster its dominating digital presence in the Central Asian nation by developing new AI and tech products and attracting more tech-savvy customers. The fresh investment, made by the bank’s London-based parent TBC Group, comes just five months after it
Uzbekistan’s mobile bank TBC bags $37M to expand with new AI and insurance products Read More »
