Veev, a real estate developer turned tech-enabled homebuilder, is on the verge of shutting down after reaching unicorn status last year, according to multiple reports. Calcalist reported on Sunday that the company – which raised $600 million in total, $400 million of which was secured in March of 2022 – has to shut down after […]
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Here's a rundown of the key names reporting third-quarter results this week and what we might learn from them.
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Lapse, a photo-sharing app that growth hacked its way to the top of the App Store earlier this year, is starting to lose steam. The app, which had forced users to invite their friends in order to get in — a technique now being used by new social app ID by Amo, saw early success […]
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Co-founders Roberto Arroyo and his brother, Nicolas Arroyo, bootstrapped the company for almost four years and reached profitability while expanding into Chile, Guatemala and Argentina.
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Venture capitalists have a role to make people feel welcome and included in what can otherwise be a cliquey and closed environment.
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Keep the machines in mind; they are more pervasive than you might think.
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A lot of the buzz these days in artificial intelligence is around generative AI and how AI is being used to accelerate software and products for consumers. Today, a AI startup called PhysicsX, co-founded by two theoretical physicists — including a Formula One engineering superstar — is emerging from stealth with a very specific focus […]
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Anil Goel, the CTO of Byju’s, is leaving the edtech giant, he informed some colleagues amid a broader restructuring at the Bengaluru-headquartered startup as it looks to pare down costs and unify many of its businesses. Jiny Thattil is replacing Goel as the CTO, according to an internal communication. Goel, a former Amazon executive, was […]
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EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5 million in total funding, with Singapore’s Panthera Growth Partners leading the latest round, along with participation from […]
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“What controversy?” said the journalist from a global mainstream television outlet to me at the Web Summit Media Dinner, earlier this month in Lisbon. For all the heat and light, the gnashing of teeth, the tearing of clothes and the clutching of pearls, the big technology conference had seemingly managed to pull itself out of […]
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David Blumberg, founder and managing partner at Blumberg Ventures, explains how early-stage startups can look to their investors for help with solving problems, scaling, hiring, and strategic planning.
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Now that the OpenAI leadership saga has died down, startup founders building with AI can get back to work building the future. If that’s you, TechCrunch+ has a pile of notes, opinion pieces and forward-looking stories with your name on them. Sure, TechCrunch+ is a lot more than AI-related coverage, but we are also going […]
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Hey, folks, welcome to Week in Review (WiR), TechCrunch’s regular recap of the past few days in tech. The headlines have been dominated — nay, overwhelmed — by the drama unfolding at AI startup OpenAI, but plenty else happened in the half-week leading up to Thanksgiving. So much for a sleepy pre-holiday! In this edition […]
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A rush of deep discounts and the growth of flexible payment options were the drivers behind $9.8 billion in online sales in the U.S. on Black Friday — a record figure for the day. According to Adobe Analytics, sales were up by 7.5% on last year’s numbers (you can see those here). Sales easily surpassed […]
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On a weekday afternoon at Red Rock Coffee, the cafe known for spotting venture capitalists in Silicon Valley, one is likely to overhear a few conversations in Mandarin. Since China reopened its border this spring after three years of COVID-19 restrictions, managers of U.S. funds in the country have been flocking to the Bay Area. […]
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