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With the Polestar 3 now “weeks” away, its CEO looks to make company “self-sustaining”

Transportation /

Thomas Ingenlath is having perhaps a little too much fun in his Polestar 3, silently rocketing away from stop signs and swinging through tightening bends, grinning like a man far younger than his 59 years of age. “You really can push this car,” the Polestar CEO says as he cruises the roads alongside other enthusiasts […]

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NEA led a $100M round into Fei-Fei Li’s new AI startup, now valued at over $1B

Fundraising /

World Labs, a stealthy startup founded by renowned Stanford University AI professor Fei Fei Li, has raised two rounds of financing  two months apart, according to multiple reports. The latest financing was led by NEA and valued the company at over $1 billion, TechCrunch has learned from several people with knowledge of the investments. This

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Chinese robotaxi startup WeRide gets approval to carry passengers in California 

Transportation /

Chinese autonomous vehicle company WeRide has received the green light to test its driverless vehicles with passengers in California.  The step comes as WeRide begins the process to go public on the U.S. stock market at a nearly $5 billion valuation. The timing also coincides with reports that the Commerce Department is considering a ban

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ArborXR secures $12M to boost its management platform for AR and VR devices

Enterprise /

ArborXR, a startup that helps companies remotely manage AR and VR devices, believed that enterprise customers would be the primary targets for AR and VR devices. Now, that bet is paying off. On Tuesday, the company announced it has secured $12 million in funding, a Series A that will be used to develop and scale

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PayZen secures $23M Series B, $200M debt facility to grow its “care now, pay later” product

Biotech & Health /

The cost of healthcare in the U.S. has been rising rapidly, but the portion of those costs footed by patients has increased even faster. Just two decades ago, fees paid by patients accounted for only 5% of hospitals’ and doctors’ revenue, but by 2017, those fees made up 35% of revenue. This trend inevitably led millions

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Prediction marketplace Polymarket partners with Perplexity to show news summaries

Apps /

Prediction marketplace Polymarket, which lets users bet on real-world events, is partnering with AI-powered search engine Perplexity to display news summaries of events. When users click on an event on Polymarket, they will now see a summary of news related to the event based on search results from Perplexity. There’s also a search box that

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India’s Kazam powers up to roll out EV charging in Southeast Asia

Transportation /

EV charging station startup Kazam plans to expand beyond India, where it already holds a significant share of the market, and into Southeast Asia to gain an early mover’s advantage, TechCrunch has exclusively learned. The Bengaluru-headquartered startup, which has offices in Delhi and Pune and city managers in 4,000 postal codes across India, is set

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Why Scott Painter is selling a beach house to start a new vehicle software company

Transportation /

Serial entrepreneur Scott Painter’s plan to build an all-electric vehicle subscription company called Autonomy has not worked out. So he’s pivoting once again to what he calls the “hardest build” of his career. While Autonomy will continue operating the small 1,000-car fleet it assembled over the last few years — far from the stated goal

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