Sunday, March 31, 2024

GGV Capital is no more, as partners announce two separate brands

The VCs who long ran GGV Capital, the 24-year-old cross-border firm that helped serve as a bridge between the U.S. and China, have settled on two new brands roughly six months after announcing they would split their U.S. and Asia operations. Veteran investors Jenny Lee and Jixun Foo just rebranded their Singapore-based operation as Granite […]

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TechCrunch Mobility: Fisker enters into dumpster fire territory and Tesla chases FSD revenue

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Remember in the last edition of TechCrunch […]

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Ember’s journey from hot coffee to medication transport

Ember’s first Indiegogo campaign drew sideways glances when it launched in 2015. Would anyone actually buy a $129 heated coffee mug? Nearly a decade later, however, it’s clear that the initial pitch was merely the tip of the startup’s heating/cooling iceberg. TechCrunch recently sat down with Clay Alexander, the firm’s founder and chairman, to take […]

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Women in AI: Brandie Nonnecke of UC Berkeley says investors should insist on responsible AI practices

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. […]

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Robinhood’s new Gold Card, BaaS challenges and the tiny startup that caught Stripe’s eye

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at Robinhood’s new Gold Card, challenges in the BaaS space and how a tiny startup caught Stripe’s eye. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here.  The big […]

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Saturday, March 30, 2024

Fisker loses customers’ money, Robinhood launches a credit card, and Google generates travel itineraries

Hey, folks, welcome to Week in Review (WiR), TechCrunch’s newsletter recapping the notable happenings in tech over the past few days. This week, TC’s auto reporter Sean O’Kane revealed how EV startup Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started […]

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TikTok ban could harm Amazon sellers looking for alternatives

In March, the U.S. House of Representatives overwhelmingly passed a bill that could force ByteDance to divest TikTok or face a ban in U.S. app stores. Much of the related discussion and debate has centered around American data security and speech rights, but a potential move also highlights something else: TikTok is growing its focus […]

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Women in AI: Kate Devlin of King’s College is researching AI and intimacy

To give AI-focused women academics and others their well-deserved — and overdue — time in the spotlight, TechCrunch is launching a series of interviews focusing on remarkable women who’ve contributed to the AI revolution. We’ll publish several pieces throughout the year as the AI boom continues, highlighting key work that often goes unrecognized. Read more profiles here. […]

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Friday, March 29, 2024

Instagram is developing ‘Blend,’ recommended Reels for you and a friend

Instagram is developing a “Blend” feature that creates a private feed of Reels recommended for you and a friend. The company told TechCrunch on Friday that the feature is an internal prototype and is not being tested externally. The feature was first spotted by reverse engineer Alessandro Paluzzi, who regularly discovers social media features in […]

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OpenAI built a voice cloning tool, but you can’t use it… yet

As deepfakes proliferate, OpenAI is refining the tech used to clone voices — but the company insists it’s doing so responsibly. Today marks the preview debut of OpenAI’s Voice Engine, an expansion of the company’s existing text-to-speech API. Under development for about two years, Voice Engine allows users to upload any 15-second voice sample to […]

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The AI world needs more data transparency and web3 startup Space and Time says it can help

As AI proliferates and things on the internet are easier to manipulate, there’s a need more than ever to make sure data and brands are verifiable, said Scott Dykstra, CTO and co-founder of Space and Time, on TechCrunch’s Chain Reaction podcast. “Not to get too cryptographically religious here, but we saw that during the FTX […]

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Databricks’ GPT rival and who’s investing in “underdog” founders

Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, in which we dig through the most critical stories and themes from the week. As the week comes to a close, we’re also shutting the book on the trial […]

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Thursday, March 28, 2024

Google hints that Apple is set to support RCS by this fall

Google briefly showed a section on the new Google Messages page claiming that Apple is set to roll out Rich Communication Services (RCS) support for iPhones this fall. This indicates that the iPhone maker is likely to extend RCS support in with the upcoming iOS 18 update. The page, spotted first by 9to5Google, had details […]

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X’s Grok chatbot will soon get an upgraded model, Grok-1.5

X.ai, Elon Musk’s AI startup, has revealed its latest generative AI model, Grok-1.5. Set to power social network X’s Grok chatbot in the not-to-distant future (“in the coming days,” X.ai writes in a blog post), Grok-1.5 appears to be an upgrade over its predecessor, Grok-1 — at least judging by the benchmark results and specifications […]

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Byju’s founder floats share offer to make peace with estranged investors

Byju Raveendran, the founder of embattling edtech group Byju’s, has made a last-ditch attempt to placate the Indian startup’s disgruntled investors, informing them that the board is weighing an offer of renounced shares to prevent dilution of their holdings. In an email to shareholders Friday morning, a copy of which TechCrunch has reviewed, Raveendran said […]

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Apple dismisses Microsoft monopoly comparisons

A week after finding itself at the business end of a landmark lawsuit from the United States Department of Justice, Apple is staunchly denying any parallels between itself and Microsoft in the 1990s. It’s a comparison into which the U.S. Attorney General Merrick Garland leaned heavily in last week’s filing. While portions of the United […]

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Uber Eats courier’s fight against AI bias shows justice under UK law is hard won

On Tuesday, the BBC reported that Uber Eats courier Pa Edrissa Manjang, who is Black, had received a payout from Uber after “racially discriminatory” facial recognition checks prevented him from accessing the app, which he had been using since November 2019 to pick up jobs delivering food on Uber’s platform. The news raises questions about […]

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LinkedIn targets users caught between TikTok and what used to be Twitter

Two weeks ago, TechCrunch broke the news that LinkedIn was getting into games, helping users “deepen relationships” through puzzle-based interactions. And on Wednesday, TechCrunch reported that the Microsoft-owned social network was experimenting with short-form videos. It’s as if LinkedIn is targeting a whole new “type” of user — one caught in limbo somewhere between two […]

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After spat with TikTok, UMG expands Spotify partnership to include music videos and more

In the wake of Universal Music Group’s (UMG) public spat with TikTok, which saw the label pulling its full catalog from the video app earlier this year, the company is doubling down on its deal with Spotify. On Thursday, UMG announced an expansion of its strategic relationship with the streaming music service that will focus […]

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Google will soon roll out on-device AI-powered features on Pixel 8

Google announced today that it will soon roll out on-device AI-powered features such as recording summaries and smart replies on the Pixel 8. These features will be based on Gemini Nano, a small-sized model Google released last year, primed to run on devices. The company said that Summerizer in Recorder and Smart Reply in Gboard […]

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Why a16z-backed Wonderschool is acquiring EarlyDay

Wonderschool, a startup that provides software and support to help individuals and local governments spin up childcare businesses, has acquired EarlyDay, which operates an early childhood educator marketplace. TechCrunch has covered Wonderschool since its infancy, including both of its seed rounds and its Series A (led by Andreessen Horowitz). Terms of the deal were not […]

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Coro, building cybersecurity for SMBs, locks down $100M at a $750M valuation

Enterprises and other large organizations have long been a lucrative and obvious target for cybercriminals, but in recent years — thanks to more sophisticated breach techniques and the rise of AI — small and medium businesses are now also very much on the map. Now, Coro — one of the startups building tools specifically for […]

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India’s tribunal court allows Byju’s to proceed with crucial EGM

Byju’s secured favorable outcomes in two court hearings Thursday, paving the way for the embattled edtech startup to move ahead with the extraordinary general meeting scheduled for Friday. The National Company Law Tribunal refused to stay on Thursday Byju’s planned EGM to increase the authorized share capital for the $200 million rights issue. The matter […]

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Climate tech VC Satgana closes first fund that targets early-stage startups in Africa, Europe

Climate-tech VC Satgana has reached a final close of its first fund, which targets to back up to 30 early-stage startups in Africa and Europe. The VC firm reached a final close of £8 million ($8.6 million) following commitments from family offices and high-net-worth individuals, including Maurice Lévy of the Publicis Groupe, and Back Market […]

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This startup believes mobile apps for businesses should work more like consumer apps

Have you noticed the massive gap between consumer and business apps on your phone? While consumer apps are both beautifully designed and easy to use, business apps are simply painful to use. A European startup is developing a suite of B2B apps that are designed for mobile first because phones have become the main computers […]

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Google will now let you use AI to build travel itineraries for your vacations

As we inch toward the summer holidays, Google is announcing a slate of travel updates that place it squarely in the travel planning process and give it a lot more insight into purchasing intent in the travel sector. First up, Google is rolling out an update to its Search Generative Experience (SGE) that will allow users […]


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Wednesday, March 27, 2024

StealthMole raises $7M Series A for its AI-powered dark web intelligence platform 

StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The Singapore-headquartered startup with an R&D office in South Korea will use the fresh capital to establish additional R&D centers and support more commercial uses of […]

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Accel earnestly rethinks early-stage startup investing in India

By any benchmark, Accel is among the top venture firms in India. With nearly two dozen Indian unicorn startups, including several category leaders, Accel’s track record speaks for itself. But yet, the partners leading the firm’s early-stage accelerator program, called Atoms, are uncharacteristically introspective about their learnings and the changes they have been implementing to […]

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Understanding humanoid robots

Robots made their stage debut the day after New Year’s 1921. More than half-a-century before the world caught its first glimpse of George Lucas’ droids, a small army of silvery humanoids took to the stages of the First Czechoslovak Republic. They were, for all intents and purposes, humanoids: two arms, two legs, a head — […]

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Amazon doubles down on Anthropic, completing its planned $4B investment

Amazon invested a further $2.75 billion in growing AI power Anthropic on Wednesday, following through on the option it left open last September. The $1.25 billion it invested at the time must be producing results, or perhaps they’ve realized that there are no other horses available to back. The September deal put $1.25B into the […]

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Oregon signs right to repair into law

Oregon Governor Tina Kotek on Tuesday signed Senate Bill 1596 into law, joining California, Colorado, Maine, Massachusetts and Minnesota in a growing list of states embracing a right to repair for citizens. The law is set to go into effect January 1. The bill’s coauthors Janeen Sollman and Representative Courtney Neron took inspiration from California’s […]

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Fisker lost track of millions of dollars in customer payments for months

Fisker temporarily lost track of millions of dollars in customer payments as it scaled up deliveries, leading to an internal audit that started in December and took months to complete, TechCrunch has learned. The EV startup was ultimately able to track down a majority of those payments or request new ones from customers whose payment […]

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TechCrunch Minute: Robinhood’s credit card has arrived to take on Apple and any upcoming challengers

Robinhood’s new credit card was revealed Tuesday, and though it’s only available for Robinhood Gold members, the Gold Card does have a feature that’s spurring headlines: the ability to invest cash back bonuses into investments. The announcement comes eight months after the acquisition of the startup X1 for $95 million, and it just so happens […]

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Musical toy startup Playtime Engineering wants to simplify electronic music making for kids

Troy Sheets began making music at 15 years old in his home studio with a keyboard synthesizer, drum machine, and 4-track cassette recorder—an impressive setup for a high school sophomore. However, it’s rare for young, up-and-coming musicians to have access to advanced equipment (other than a free app on their phone). And most adolescents can’t […]

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Orchard vision system turns farm equipment into AI-powered data collectors

Agricultural robotics are not a new phenomenon. We’ve seen systems that pick apples and berries, kill weeds, plant trees, transport produce and more. But while these functions are understood to be the core features of automated systems, the same thing is true here as it is across technology: It’s all about the data. A huge […]

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Cyvl.ai is bringing data-driven solutions to transportation infrastructure

In the summer after his freshman year at Worcester Polytechnic Institute, an engineering school in Worcester, Massachusetts, Cyvl.ai co-founder and CEO Daniel Pelaez needed a job. He went home and worked at his local public works department, where he noted that there was very little software for tracking road repairs. He was told to go […]

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Marissa Mayer’s startup just rolled out photo sharing and event planning apps, and the internet isn’t sure what to think

When Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee. When that startup, Sunshine, revealed that its first app centered around subscription software for contact management, people wondered if something more ambitious might be around the corner. Today, after […]


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Rabbit partners with ElevenLabs to power voice commands on its device

Hardware maker Rabbit has tapped a partnership with ElevenLabs to power voice commands on its devices. Rabbit is set to ship the first set of r1 devices next month after getting a ton of attention at the Consumer Electronics Show (CES) at the start of the year. The Rabbit r1 will ship with ElevenLabs’ tech, […]

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African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake

VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according to its annual report for 2023.  In its annual report, VNV set Wasoko’s fair value at around $260 million as of December 2023, the month that […]

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Marissa Mayer’s startup just rolled out apps for group photo sharing and event planning, and the internet isn’t sure what to think

When Marissa Mayer co-founded a startup six years ago in Palo Alto, Ca., expectations were sky high for the former Yahoo CEO and early Google employee. When that startup, Sunshine, revealed that its first app centered around subscription software for contact management, people wondered if something more ambitious might be around the corner. Today, after […]

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EU publishes election security guidance for social media giants and others in scope of DSA

The European Union published draft election security guidelines Tuesday aimed at the around two dozen (larger) platforms with more than 45 million+ regional monthly active users who are regulated under the Digital Services Act (DSA) and — consequently — have a legal duty to mitigate systemic risks such as political deepfakes while safeguarding fundamental rights […]


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Tuesday, March 26, 2024

PayPal backs Indonesian insurance startup Qoala in $47M funding

PayPal Ventures’ latest investment is in an Indonesian startup that provides personal insurance products covering a variety of risks, including accidents, phone screen damage, and ticket cancellations. Qoala has secured $47 million in a new round co-led by PayPal Ventures and MassMutual Ventures, the five-year-old startup said Wednesday. MUFG Innovation Partners, Omidyar Network as well […]

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Robinhood’s new credit card goes after Apple Card with ability to invest cash-back perks

Eight months after acquiring credit card startup X1 for $95 million, Robinhood announced today the launch of its new Gold Card, with a list of features that could even give Apple Card users envy. Robinhood, better known for its brokerage app aimed at the everyday investor, is touting all sorts of benefits with its new […]

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Elon Musk says all premium subscribers on X will gain access to AI chatbot Grok this week

Following Elon Musk’s xAI’s move to open source its Grok large language model earlier in March, the X owner on Tuesday said that the company formerly known as Twitter will soon offer the Grok chatbot to more paying subscribers. In a post on X, Musk announced Grok will become available to Premium subscribers this week, […]

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YC-backed SigmaOS browser turns to AI-powered features for monetization

Web browsers have realized they are one of the best ways for users to access the present set of AI tools, so they are working on being the first-choice containers for that. SigmaOS, a Y Combinator-backed company, is now banking on users’ desire to utilize AI tools and pay for them as the company is […]

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Confetti, a team-building platform used by Apple, Google, and Microsoft, raises $16M

Not many startups can claim Apple, Google, Microsoft, Amazon, and Meta as paying customers, but Confetti can. And the list doesn’t stop at a quintet with a collective market value of $10 trillion — the New York-based company says it works with Zoom, Netflix, Stripe, TikTok, Shopify, Adobe, LinkedIn, HubSpot, and 30% of the Fortune […]

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Fireworks.ai open source API puts generative AI in reach of any developer

Just about everyone is trying to get a piece of the generative AI action these days. While the majority of the focus remains on the model vendors like OpenAI, Anthropic and Cohere, or the bigger companies like Microsoft, Meta, Google and Amazon, there are in fact, a lot of startups trying to attack the generative […]

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AI is a data problem. Now Cyera is raising up to $300M on a $1.5B valuation, to secure it

A cybersecurity startup called Cyera is betting that the next big challenge in enterprise data protection will be AI, and it’s raising a big round of funding as demand picks up for it. The company — which builds AI-enhanced tools to create accurate pictures of where and how data is being used in organizations’ networks […]

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How Ember is building an all-electric intercity bus network in the UK

A Scottish company building one of the U.K.’s first all-electric intercity bus networks has raised $14 million (£11 million) in a Series A round of funding as it looks to expand across the entire country. Building any bus network from scratch — electric or otherwise — isn’t something anyone can conjure up overnight with a […]

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AI and data infrastructure drives demand for open source startups

A new report highlights the demand for startups building open source tools and technologies for the snowballing AI revolution, with the adjacent data infrastructure vertical also heating up. Runa Capital, the venture capital (VC) firm that upped sticks from Silicon Valley and moved its HQ to Luxembourg in 2022, has published the Runa Open Source Startup […]

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Profluent, spurred by Salesforce research and backed by Jeff Dean, uses AI to discover medicines

Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen could — if brought to market — help uncover medical treatments more cost effectively than traditional methods, the researchers behind it claimed in a January […]


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Maju Kuruvilla is out as CEO of one-click checkout company Bolt

Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’ LinkedIn profile. Kuruvilla didn’t have much to say about the change but did confirm it both on LinkedIn and X, by posting, simply “One-Click Checkedout […]


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Monday, March 25, 2024

Telegram’s peer-to-peer SMS login service is a privacy nightmare

Telegram has introduced a controversial new feature that grants users a free premium membership in exchange for allowing the instant messaging app to utilize their phone number as a relay for sending one-time SMS passwords to other users attempting to log into the platform, raising concerns about potential privacy risks and the exposure of personal […]

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Meet Uzbekistan’s first unicorn: e-commerce startup Uzum

Uzum, an e-commerce startup offering online shopping, fintech and food deliveries to millions of customers in Uzbekistan, has raised $114 million in funding, becoming the country’s first unicorn with a valuation of $1.16 billion. Uzbekistan is fertile ground for startups, given the fact that people aged below 30 constitute about 60% of its population of […]

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900.care sells waterless personal care products and lets you add tap water at home

Here’s the harsh truth behind personal care products: you’re mostly buying water and plastics. The main ingredient in a bottle of shampoo or shower gel is water, and by far. It is mixed with a bunch of active ingredients. And because it’s a “pre-mixed” product, companies spend a lot of money on plastic bottles to […]

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Profluent, spurred by Salesforce research and backed by Jeff Dean, uses AI to discover medicines

Last year, Salesforce, the company best known for its cloud sales support software (and Slack), spearheaded a project called ProGen to design proteins using generative AI. A research moonshot, ProGen could — if brought to market — help uncover medical treatments more cost effectively than traditional methods, the researchers behind it claimed in a January […]

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Bankrupt EV startup Arrival sold its assets to Canoo

Bankrupt commercial EV startup Arrival has sold some of its assets, including advanced manufacturing equipment to Canoo, another struggling startup trying to build and sell electric vehicles. The acquisition, which was touted as a cost-saving measure that will reduce capital expenditures by 20%, comes as Canoo struggles to move beyond prototypes towards commercial production. Canoo […]

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London regtech GSS raises $47M to help banks screen for global sanctions

Global Screening Services (GSS), a London-based regulatory compliance platform that helps financial institutions meet their global sanctions obligations, has raised $47 million in a round of funding. The raise comes amid a spike in economic sanctions, with the U.S. issuing trade-restrictions and asset-blocking against states including Russia, China, Iran, and more. Enforcement GSS co-founder and […]

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Can you hear me now? AI-coustics to fight noisy audio with generative AI

Noisy recordings of interviews and speeches are the bane of audio engineers’ existence. But one German startup hopes to fix that with a unique technical approach that uses generative AI to enhance the clarity of voices in video. Today, AI-coustics emerged from stealth with a €1.9 million in funding. According to co-founder and CEO Fabian Seipel, […]

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Boston Side Events line up at Early Stage with Techstars, Women in Tech, Harvard and more

Get ready to amplify your Early Stage 2024 experience with the electrifying lineup of Side Events taking Boston by storm during the week of April 22–28. As the countdown to TechCrunch Early Stage begins, we’re thrilled to share our Side Events lineup to foster meaningful connections within the vibrant Boston tech community. Whether you’re a […]

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Lucid Motors raises another $1 billion from Saudi Arabia as it searches for luxury EV buyers

Lucid Motors is raising another $1 billion from its biggest financial backer, Saudi Arabia, as it looks to blunt the high costs associated with building and selling its luxury electric sedan. The company announced in a Monday morning regulatory filing that Ayar Third Investment, an affiliate of Saudi Arabia’s Public Investment Fund, has agreed to […]

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Spotify throws its hat in the edtech ring

Today on Equity, Alex talks stocks around the world, crypto prices, and the weekend's biggest news: The the exit of Stability AI's CEO, the EU's Digital Markets Act, Spotify's edtech push, why Liquid Death is crushing it, and more.

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Tutoring platform GoStudent reaches profitability amid tradeoffs

In a market that no longer favors growth at all costs, GoStudent's €3 billion valuation and global expansion may belong to the past. However, the Austrian tutoring platform reshaped quickly.

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Spotify tests video courses to teach everything from music production to excel

Spotify has carved out a business for itself in music streaming, podcast entertainment and audiobooks. Now, in its ongoing efforts to get its 600 million+ users to spend more time and money on its platform, Spotify is spinning up a new line of content: e-learning. Starting with a rollout in the U.K., Spotify is testing […]


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Spotify tests video courses to teach everything from music production to excel

Spotify has carved out a business for itself in music streaming, podcast entertainment and audiobooks. Now, in its ongoing efforts to get its 600 million+ users to spend more time and money on its platform, Spotify is spinning up a new line of content: e-learning. Starting with a rollout in the U.K., Spotify is testing […]

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Sunday, March 24, 2024

TechCrunch Mobility: The wheels are starting to come off the Fisker EV bus

TechCrunch Mobility is a weekly newsletter dedicated to all things transportation. Sign up here — just click TechCrunch Mobility — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Before we jump into the startup and […]

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Non-sexy industries can appeal to investors too

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups in Africa, how Mint’s closure has been Copilot’s gain and why VCs have doubled down on a particular expense management startup. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday […]


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Non-sexy industries can appeal to investors too

Welcome to TechCrunch Fintech (formerly The Interchange)! This week, we’re looking at some hot fintech startups in Africa, how Mint’s closure has been Copilot’s gain and why VCs have doubled down on a particular expense management startup. To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Sunday […]

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Apple sued, Microsoft’s AI ambitions and Nvidia’s surprises

In this edition of Week in Review, we have big news on the latest Apple antitrust lawsuit. Microsoft’s AI ambitions dominated the news as well, so let’s dive right in.… Did someone forward this to you? Sign up here to receive the Week in Review newsletter in your inboxes. The U.S. joined international regulators in accusing […]


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Why it’s impossible to review AIs, and why TechCrunch is doing it anyway

Every week seems to bring with it a new AI model, and the technology has unfortunately outpaced anyone’s ability to evaluate it comprehensively. Here’s why it’s pretty much impossible to review something like ChatGPT or Gemini, why it’s important to try anyway, and our (constantly evolving) approach to doing so. The tl;dr: These systems are […]


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Saturday, March 23, 2024

Apple sued, Microsoft’s AI ambitions and Nvidia’s surprises

In this edition of Week in Review, we have big news on the latest Apple antitrust lawsuit. Microsoft’s AI ambitions dominated the news as well, so let’s dive right in.… Did someone forward this to you? Sign up here to receive the Week in Review newsletter in your inboxes. The U.S. joined international regulators in accusing […]

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The DOJ’s case against Apple adds to a growing pile of antitrust problems for Cupertino

On home turf, Apple has enjoyed many years of relatively light regulatory scrutiny compared to Big Tech peers. The U.S. Department of Justice (DOJ) opened a monopoly case against Google back in October 2020, for instance. It followed with a second antitrust case at the start of last year, targeting Google’s adtech. While the FTC […]


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Friday, March 22, 2024

Stability AI CEO resigns because you’re ‘not going to beat centralized AI with more centralized AI’

Stability AI founder and chief executive Emad Mostaque has stepped down from the top role and the unicorn startup‘s board, the buzzy firm said Friday night, making it the second hot AI startup to go through major changes this week. Stability AI, which has been backed by investors including Lightspeed Venture Partners and Coatue Management, […]

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1991 Ventures in London joins the growing list of VCs aimed at Ukrainian startups

UK-based limited partners Venrex and Samos Investments are this week backing the launch of a new VC primarily aimed at investing in startups led by Ukrainians inside and outside the war-torn country. The LPs are better known for being early institutional investors in the successful early stage startup funds Seedcamp and Entrepreneur First. 1991 Ventures is the brainchild […]

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The DOJ’s case against Apple adds to a growing pile of antitrust problems for Cupertino

On home turf Apple has enjoyed many years of relatively light regulatory scrutiny compared to Big Tech peers. The US Department of Justice (DOJ) opened a monopoly case against Google back in October 2020, for instance. It followed with a second antitrust case at the start of last year, targeting Google’s adtech. While the FTC […]

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TechCrunch Minute: Breaking down the Apple iPhone antitrust lawsuit from the DOJ

The U.S. Department of Justice is suing Apple over allegedly monopolistic smartphone practices. The federal agency is not alone in the matter, bringing 15 states and the District of Columbia into the mix as well. Apple, as you might imagine, disputes the allegations. Potential impacts are myriad, from consumer messaging to smartphones to smart watches. […]

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Calmara suggests it can detect STIs with photos of genitals — a dangerous idea

You’ve gone home with a Tinder date, and things are escalating. You don’t really know or trust this guy, and you don’t want to contract an STI, so… what now? A company called Calmara wants you to snap a photo of the guy’s penis, then use its AI to tell you if your partner is […]

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A $700M SAFE, IPOs are back, and how one venture fund is transcending borders

Hello, and welcome to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday episode, in which we dig through the most critical stories from the week and chat through new and emerging themes. Listen here or wherever you get your podcasts. This week we […]

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Nsave gets $4M to enable people from unstable economies open offshore accounts

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of Geneva organization that supports […]


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DOJ lawsuit against Apple is headline grabber with limited near-term impact

The U.S. Department of Justice filed a lawsuit against Apple Thursday, accusing the company led by CEO Tim Cook of engaging in anti-competitive business practices. The allegations include claims that Apple prevents competitors from accessing certain iPhone features and that the company’s actions impact the “flow of speech” through its streaming service, Apple TV+. However, […]

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UK confirms in-depth antitrust probe into Three and Vodafone’s planned $19B merger

The U.K.’s Competition and Markets Authority (CMA) has confirmed that it’s launching a formal “phase 2” investigation into the planned merger between Vodafone and Three UK. The CMA says that the deal could lead to higher prices for consumers, while also impact future infrastructure investments. However, the CMA has given both parties a token five […]

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Nsave gets $4M to enable people from unstable economies open offshore accounts

Nsave, a fintech based in Geneva making banking in Switzerland accessible to people in countries at war or those with unstable banking sectors or facing high inflation, has raised $4 million seed funding. The round was co-led by Sequoia Capital and TQ Ventures with participation from Y Combinator, SV Angel and FONGIT: the State of […]

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Thursday, March 21, 2024

DOJ calls Apple’s privacy justifications an ‘elastic shield’ for financial gains

The U.S. Department of Justice sued Apple Thursday over monopolistic practices. The complaint accuses Apple of moulding its privacy and security practices in ways that benefits the company financially. One quote particularly jumps out where the DOJ calls Apple’s privacy and security justification an “elastic shield”: “Apple deploys privacy and security justifications as an elastic […]

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WhatsApp now lets you pin up to three messages

WhatsApp announced Thursday that users can now pin up to three messages in a chat to access them easily. Until now, users could pin only one message on top of a conversation with a contact or a group. Both Meta CEO Mark Zuckerberg and WhatsApp head Will Cathcart announced this feature on their respective WhatsApp […]

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World Fund closes first €300M climate tech fund, seeking to follow on and back hardware

After a three-year fund-raise, World Fund has finally closed a €300 million first fund, €50 million short of it’s target in 2021, but still a considerable number given a background of war and economic uncertainty. The VC originally emerged from the founders of the Ecosia independent search engine, where search enquiries funded the planting of […]

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Here’s how Microsoft is providing a ‘good outcome’ for Inflection AI VCs, as Reid Hoffman promised

Exactly how much Microsoft is paying all the investors of Inflection AI as part its oddly structured deal to abscond with the cofounders, much of the staff, and the rights to use the tech hasn’t been publicly revealed. And Microsoft declined comment when asked. But unnamed sources tell the Information that it’s plunking out approximately […]

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Wing Venture’s Sara Choi will dig into pitching VCs at TechCrunch Early Stage 2024

Crafting the perfect venture capital pitch is so simple that there’s an industry of consultants to help founders get their decks in order. TechCrunch has a long-running series of Pitch Deck Teardowns to help founders, and you can find an infinite number of Twitter threads on the subject. Easy, right? If only it were so. […]

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Microsoft’s new Adaptive accessibility accessories include an Atari-style joystick

Microsoft has long garnered plaudits for its focus on accessibility. It’s a large segment of the population that is too often disregarded as an afterthought when it comes to product design. The company has offered accessibility-focused Xbox peripheral for some time and has introduced the Adaptive line of computing peripherals roughly this time last year. […]

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Apple sued by DOJ over iPhone monopoly claims

The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices. Sixteen state attorneys general joined the federal department in the massive suit. “Consumers should not have to pay higher prices because companies violate the antitrust laws,” U.S. Attorney General Merrick Garland said in a statement issued with the […]


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Apple sued by DOJ over iPhone monopoly claims

The United States Department of Justice this morning filed a lawsuit accusing Apple of monopolistic smartphone practices. Seventeen state attorneys general joined the federal department in the massive suit. “Consumers should not have to pay higher prices because companies violate the antitrust laws,” U.S. Attorney General Merrick Garland said in a statement issued with the […]

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DoorDash begins piloting drone deliveries in the US

DoorDash is expanding its partnership with Alphabet’s Wing to bring its drone delivery pilot to the U.S., the company announced on Thursday. Select users in Christiansburg, Virginia will be able to order eligible menu items from their local Wendy’s. DoorDash first launched its drone delivery pilot program in Australia in 2022, where it is now […]

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Pelikan Mobility is building a software-enabled commercial EV leasing solution

Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]


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Nexus’ star partner Sameer Brij Verma set to leave and launch own fund

Sameer Brij Verma, a high-profile investor at the Indian venture firm Nexus, will be leaving the fund later this year, he confirmed to TechCrunch. Verma plans to launch his own venture firm, with the inaugural fund expected to have a corpus of at least $150 million, a source familiar with the matter said. The move comes […]

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Pelikan Mobility is building a software-enabled commercial EV leasing solution

Chances are you may have noticed that many commercial vehicles are now electric vehicles — think about delivery vans, telecom minivans, utility maintenance trucks, etc. But there are still many diesel-powered commercial vehicles because it’s simply too expensive and too complicated to switch to an all electric vehicle fleet overnight. That’s why Pelikan Mobility has been […]

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Farm to Feed is cutting food loss and creating data platform to better farm outcomes

Globally, a third of the food produced is lost or wasted, and in Kenya, that figure stands at between 20% to 40%. For Kenya, unlike the developed world, food loss, not waste, is the greater problem, with small-scale farmers, who account for 75% of the total agricultural output in the country, facing a myriad of […]

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NBCUniversal’s Peacock will let you watch 4 livestreams at once for 2024 Paris Olympics

Today, during NBCUniversal’s annual technology conference, One24, the company revealed a slew of features coming to its streaming service Peacock ahead of the 2024 Paris Olympics in July. The most notable feature to launch on Peacock is multiview, which allows subscribers to view up to four simultaneous matches at once. Next to picture-in-picture mode, many […]


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Wednesday, March 20, 2024

X launches top up packs for its developer API

Social network X (formerly Twitter) launched new top-up packs for its developer API program on Tuesday. These paid upgrades will allow developers to fetch roughly 10,000 posts for $100 if they hit their existing tier’s limit midway through the month. Last year, Elon Musk curtailed free API access and released new paid tiers with the […]

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Astera Labs’ IPO pops 72% on first day, showing that investor demand for tech with an AI twist is high

Astera Labs started its life as a public company trading at $52.56 per share, up 46% when the bell rang. The company priced its IPO last night at $36 per share, above its raised price range. Astera’s debut marks the first material technology offering this year that TechCrunch is tracking. Reddit, the well-known social forum […]

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Reddit prices IPO at $34 per share, the top of the range

Reddit priced its stock on Wednesday at $34 a share, the top of the anticipated range, a signal that investors are excited about the company’s IPO on Thursday. The social media giant raised nearly $500 million in the offering.  Excluding employee stock options, the 19-year old company’s valuation will start at $5.4 billion, a far […]

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With backing from NATO Innovation Fund, OTB Ventures will invest $185M into European deep tech

OTB Ventures' new $185 million fund for deep tech in Europe will mostly be deployed at the Series A stage; but up to 10% could be allocated to seed funding, and more than 50% to follow-on investments.

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Apex Legends hacker said he hacked tournament games ‘for fun’

On Sunday, the world of video games was shaken by a hacking and cheating scandal. During a competitive esports tournament of Apex Legends, a free-to-play shooter video game played by hundreds of thousands of players daily, hackers appeared to insert cheats into the games of two well-known streamers — effectively hacking the players midgame. “Wait, […]

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Astera Labs goes public, and the Inflection-Microsoft AI saga continues

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. Today we have a grip of startup stories, and a venture capital item that isn’t as bad of news […]


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India will fact-check online posts about government matters

In India, a government-run agency will now monitor and undertake fact-checking for government related matters on social media even as tech giants expressed grave concerns about it last year. The Ministry of Electronics and IT on Wednesday wrote in a gazette notification that it is amending the IT Rules 2021 to cement into law the […]


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Amber launches service to help Tesla owners navigate expired warranties

Owners of aging EVs aren’t exactly flush with options if something breaks after the original warranty expires. One Bay Area startup called Amber thinks it can help them navigate that minefield, starting with Tesla owners. The company, founded in early 2023, announced Wednesday it has launched a new aftermarket warranty product called AmberCare for Model […]

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Astera Labs goes public, and the Inflection-Microsoft AI saga continues

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, focused on startup and venture capital news that matters. Today we have a grip of startup stories, and a venture capital item that isn’t as bad of news […]

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PocketHealth eases doctor-patient communications with easy image exchange

Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and received the images on a CD? Many radiologists still use this ancient format to transfer patients’ imaging files. A startup called PocketHealth has built an medical image exchange platform to digitize the process for every patient […]

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Smart ring maker Ultrahuman has its eye on Oura’s crown

India’s Ultrahuman is prepping for a growth tear. Today it’s announcing the close of $35 million in Series B* funding, a mix of equity ($25M) and debt. The smart ring startup is a less familiar name than category veteran — and market leader — Oura. But founder Mohit Kumar tells TechCrunch he sees a route […]

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Tuesday, March 19, 2024

India’s electric two-wheeler startups surge to over 150 players as government revs up EV push

The number of startups in India’s electric two-wheeler market has surged to over 150 from 54 in 2021, driven by government incentives to promote clean vehicles and cut oil imports, according to a new analysis. The influx has intensified competition in a segment expected to grow 15-20 times to annual sales of 15-20 million units […]

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Cure51 raises a €15M Seed round aiming to crack the code on cancer survival

Rather than grimly assembling data about cancer deaths to predict outcomes in treatment, the founders of Cure51 had another idea. They decided to turn the model around 180 degrees. Instead, the company assembles data about long term survivors of cancer, thus hoping to crack the code on what keeps people alive. It’s now raised a […]

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The Carevoice raises $10M Series B, bucking the funding slowdown in health tech

The field of insurance technology has had a rough time. About 7 years ago, early insurtech companies promised to disrupt the insurance industry with new tech, but today, most of those companies have either been acquired or are floundering in the public markets. Fortunately, insurtech has found a new wave to ride in the past […]

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Cowboy launches all-road electric bike to attract riders beyond European city centers

Cowboy is better known for its sleek electric bikes that you can see in many major cities across Europe. And if you look at the persons riding those Cowboy bikes, most of the time, you’ll see a young adult heading to an office with a laptop in a backpack. That’s why the company is launching […]

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Nala set out to offer remittance services, it’s building a B2B payment platform too

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech […]


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How crypto exchange Backpack climbed its way to success after its major investor FTX died

Backpack’s founders, who are building a crypto exchange and wallet, have experienced strong growth since launching in 2022. But the road wasn’t easy. FTX co-led Backpack’s $20 million strategic investment round in September 2022. Less than two months later, in November, 2022, FTX collapsed. “We lost 80% of the operating capital on FTX. We spent […]

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Linktree is now allowing users to highlight links better with featured layout function

Link-in-bio startup Linktree introduced new features today including a featured layout to highlight links better, the ability to fetch the latest posts from Instagram, and support for a more prominent profile picture. The company said that the new featured layout is great for highlighting certain links. When you select “Featured layout” for a link it […]


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Honda’s hydrogen fuel cell powered CR-V isn’t as dumb as you think

Just like battery-electric cars 20 years ago, hydrogen fuel cell cars suffer from the old chicken and the egg problem. Nobody wants to buy a fuel cell vehicle until the supporting infrastructure is in place, but it’s tough to invest in infrastructure when nobody owns a fuel cell vehicle. Honda says it’s playing the long […]


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Facebook is trying to make ‘poking’ cool again

Remember when you would “poke” your friends on Facebook to get their attention, annoy them or just start a poke war? Well, Facebook is trying to bring back that experience with some small updates to the poking feature. The company announced on Tuesday that it recently improved the platform’s suggestions on who to poke and […]

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Nala set out to offer remittance services, it’s building a B2B payment platform too

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder, Benjamin Fernandes, said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian fintech, through its consumer fintech […]

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Ingrid receives $23M to expand an e-commerce delivery platform that snubs ‘free shipping’

Ingrid — a startup out of Stockholm, Sweden, not this writer (unfortunately) — has raised €21 million, or just under $23 million, to fuel the growth of a business aiming to improve the last, messy mile of online shopping, delivery. Using data science and some big ideas about how delivery will evolve in the years […]

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Uber leads $100M investment in African mobility fintech Moove as valuation hits $750M

Moove, an African mobility fintech that offers vehicle financing to ride-hailing and delivery app drivers, has raised $100 million in a funding round as it plots expansion into new markets. Moove did not say who is leading the round, but sources close to the deal confirmed to TechCrunch that Uber led the Series B round, […]

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Mintlify says customer GitHub tokens exposed in data breach

Documentation startup Mintlify says dozens of customers had GitHub tokens exposed in a data breach at the start of the month and publicly disclosed last week. Mintlify helps developers create documentation for their software and source code by requesting access and tapping directly into the customer’s GitHub source code repositories. Mintlify counts fintech, database and […]


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Monday, March 18, 2024

Truecaller adds a new AI feature to detect and block more spam calls

Caller ID app Truecaller today blocks between 38 and 40 billion spam calls annually for its 374 million+ users. Now, in hopes of getting more people to sign on to its premium tiers, it’s turning up the dials on its filtering tech. A new “Max” update for Android premium subscribers uses AI to block every […]

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LACERA decreases venture capital allocation range, but experts say it doesn’t signal a trend

The Los Angeles County Employees Retirement Association (LACERA) voted to decrease its allocation range to venture capital at a March 13 meeting. The board of investments voted to decrease its allocation range to venture capital and growth equity from between 15% and 30% of the pension system’s private equity portfolio, to between 5% and 25%. […]

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Nvidia enlists humanoid robotics’ biggest names for new AI platform, GR00T

It’s tough to argue with Nvidia CEO Jensen Huang when he notes, “Building foundation models for general humanoid robots is one of the most exciting problems to solve in AI today.” The humanoid form factor is one of the most hotly contested topics in the world of robotics at the moment, raising venture capital by […]

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Mintlify says customer GitHub tokens exposed in data breach

Documentation startup Mintlify says dozens of customers had GitHub tokens exposed in a data breach at the start of the month and publicly disclosed last week. Mintlify helps developers create documentation for their software and source code by requesting access and tapping directly into the customer’s GitHub source code repositories. Mintlify counts fintech, database and […]

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Rebecca Whiting will break down SAFEs, notes, and series seed financing at TechCrunch Early Stage 2024

Raising capital sounds simple: You hand over shares, investors hand over cash, and everyone then gets back to work. The reality is a little bit more complicated. If you are selling equity, are you doing so in a priced round? Or via a convertible note, a debt instrument that will later convert to shares? Oh […]


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MrBeast and Prime Video announce ‘largest game show in history’

The biggest content creator on YouTube, MrBeast announced on Monday that he’s filming a game show for Amazon’s Prime Video. On X, he wrote: “Big news gamers I’m going to be filming the largest game show in history and releasing it on Prime Video! Over 1,000 contestants, $5,000,000 prize, and many other world records.” Big […]

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App analytics firm Sensor Tower acquires rival Data.ai

Sensor Tower, a leading app analytics firm, is acquiring rival Data.ai in a move that consolidates the mobile intelligence industry, creating a powerhouse that could dominate the sector and provide aggressively competitive insights into the app economy. Sensor Tower and Data.ai help businesses and developers gain insight into how mobile apps are performing — offering […]

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YouTube now requires creators to disclose when realistic content was made with AI

YouTube is now requiring creators to disclose to viewers when realistic content was made with AI, the company announced on Monday. The platform is introducing a new tool in Creator Studio that will require creators to disclose when content that viewers could mistake for a real person, place or event was created with altered or […]

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LinkedIn wants a piece of Wordle’s success

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week. We’re coming to the end of earnings season, which means that there […]

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Quilt is building AI assistants for solutions teams

The job of so-called “solutions professionals” — people like sales engineers, solutions architects and consultants — revolves around pitching complex enterprise tech to potential customers. It’s important work. But despite this being the case, rarely are solutions teams adequately staffed and resourced, according to entrepreneur Dan Chen. “Solutions teams bring technical credibility to the selling […]

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Tech giant Fujitsu says it was hacked, warns of data breach

Multinational technology giant Fujitsu confirmed a cyberattack in a statement Friday, and warned that hackers may have stolen personal data and customer information. “We confirmed the presence of malware on multiple work computers at our company, and as a result of an internal investigation, we discovered that files containing personal information and customer information could […]

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Sunday, March 17, 2024

xAI open-sources base model of Grok, but without any training code

Elon Musk’s xAI has open-sourced the base code of Grok AI model, but without any training code. The company described it as the “314 billion parameter Mixture-of-Expert model” on GitHub. In a blog post, xAI said that the model wasn’t tuned for any particular application such as using it for conversations. The company noted that […]


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Poseidona is removing invasive algae from oceans and turning it into food

Poseidona is a Barcelona-based developer of sustainable food technology. It takes invasive seaweed and algal side-streams to make proteins. In this case, it's a soy protein alternative.

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Apple is reportedly exploring a partnership with Google for Gemini-powered feature on iPhones

Apple is looking to team up with Google for a mega-deal to leverage the Gemini AI model for features on iPhone, Bloomberg reported. This will put Google in a commanding position as the company already has a deal with Apple as the preferred search engine provider on iPhones for the Safari browser. The publication cited […]

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