Fidelity has slashed the estimated worth of its holding in SaaS startup Gupshup by over 20% in a month and by more than 50% since the original investment in the latest brutal markdown across private markets. The U.S. asset manager valued its holding in Gupshup at $8.08 million at the end of June, down from $10.15 […]
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Walmart paid $1.4 billion to buy out Tiger Global’s remaining holding of Flipkart shares as the retail giant further expands its stake in the Indian e-commerce startup. The transaction took place in recent days and Tiger Global, which has cashed most of its Flipkart shares earlier, overall made a return of $3.5 billion on an […]
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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for free. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point […]
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Several Black media publishing founders and investors said that raising funds for a publishing startup was already very hard, and those who raise tend to be the elite within the elite.
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Seven major automakers are working on a new EV charging network. It looks promising, but there are plenty of reasons to remain skeptical.
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In this week’s edition of The Interchange, we get into M&As in the fintech space as AngelList nabbed a startup and Uplift got bought for less than it raised in venture funding. We get into those deals and much more. Want to receive this in your inbox every Sunday? Sign up here. Shopify’s credit bet, […]
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If you’re adventurous with your food, or just like to keep up with the fast-moving food tech industry, here’s a roundup of this week’s stories and some notable news we weren’t able to cover. Supply Change Capital The venture capital fund madness we’ve seen all year has made its way to the food sector. This […]
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Hey, friends, welcome to Week in Review (WiR), TechCrunch’s roundup of the week in tech news. Life getting in the way of your daily TechCrunch habit? Not to worry. WiR will get you caught up in no time. This week, WiR covers the improving quality of AI porn generators and the ethical dilemmas they raise; […]
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It's encouraging to think that multiple startups will find ways to leverage AI and other fields to accelerate drug discovery and improve patient outcome.
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“Founders first” is the TechCrunch credo — this is the way — and you’ll find the very best and brightest minds in the startup ecosystem gathered at TechCrunch Disrupt 2023, taking place September 19–21 in San Francisco. This year, our programming spans nine stages, seven industries and dozens of breakout sessions and roundtable discussions (for […]
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The startup is building a machine, VitalOne, that can perform more than 50 blood tests and get patient results back in 20 minutes.
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While SAFEs are generally considered founder friendly, when you get into the details it's less clear why they would be over priced rounds.
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