Fluid Truck

Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup

Transportation /

Less than two months after Fluid Truck’s board ousted its sibling co-founders from their executive positions, the company has laid off 30% of its staff, filed for Chapter 11 bankruptcy protection, and found a potential buyer to take on the business, pending court approval, according to bankruptcy filings and information from a former employee.  Fluid […]

Fluid Truck files for Chapter 11 bankruptcy and pursues sale after leadership shakeup Read More »

Autonomous delivery startup Nuro pivots and another Indian EV scooter startup takes the IPO road

Transportation /

Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! The transportation beat just keeps on truckin’ — or scooting along, depending on your preferred vehicle and speed. And this week, our coverage ran the gamut from

Autonomous delivery startup Nuro pivots and another Indian EV scooter startup takes the IPO road Read More »

Telegram founder’s arrest, and who’s using acqui-hires to tip-toe around antitrust

AI /

On today’s episode of TechCrunch’s Equity podcast, Devin Coldeway kicked off our Deals of the Week rundown with Piramidal, a startup that offers a foundational model for analyzing brain scan data and just raised $6 million. The premise behind the company is fascinating — its technology aims to help complement the work of nurses and doctors

Telegram founder’s arrest, and who’s using acqui-hires to tip-toe around antitrust Read More »

Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds

Venture /

Fluid Truck, a startup that was founded to disrupt the commercial vehicle rental industry, has ousted its sibling co-founders – CEO James Eberhard and chief legal counsel Jenifer Snyder – according to sources familiar with the matter. The shakeup, which employees have described as a hostile takeover, was led by two minority investors on the

Fluid Truck’s board ousted its sibling co-founders amid allegations of mismanaging funds Read More »