Tuesday, May 28, 2024

Monday, May 27, 2024

Adani to battle Reliance, Walmart in India’s e-commerce, payments race, report says

India’s Adani Group is in discussions to venture into e-commerce and digital payments, according to a report, as the conglomerate seeks to diversify its portfolio and compete with Mukesh Ambani’s Reliance, Amazon and Walmart’s Flipkart and PhonePe. The energy-to-infrastructure giant Adani Group is considering applying for a license to operate on India’s Unified Payments Interface, […]

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Ledger starts shipping its high-end hardware crypto wallet

Ledger, a French startup mostly known for its secure crypto hardware wallets, has started shipping new wallets nearly 18 months after announcing the latest Ledger Stax devices. The updated wallet features an E-Ink display and has been designed in partnership with Tony Fadell, one of the main designers behind the iPod. E-Ink technology is generally […]

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LatAm startups: Apply to Startup Battlefield 200

Here’s a shoutout to LatAm early-stage startup founders! We want YOU to apply for the Startup Battlefield 200 at TechCrunch Disrupt 2024. But you’d better hurry — time is running out. The application window closes on June 10 at 11:59 p.m. PDT. LatAm — Join the Startup Battlefield 200 Startup Battlefield 200 (SB 200) is […]

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Spanish startups reached €100 billion in aggregated value in 2023, consolidating the country’s position as a midsize European tech ecosystem

Venture investment into Spanish startups also held up quite well, with €2.2 billion raised across some 850 funding rounds.

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Elon Musk’s xAI raises $6B from Valor, a16z, and Sequoia

Elon Musk’s AI startup, xAI, has raised $6 billion in a new funding round, it said today, in one of the largest deals in the red-hot nascent space, as he shores up capital to aggressively compete with rivals including OpenAI, Microsoft, and Google. Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, Fidelity, Prince Alwaleed […]

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Sunday, May 26, 2024

Indian EV startup Zypp Electric secures ENEOS backing to fund expansion to Southeast Asia

Indian startup Zypp Electric plans to use fresh investment from Japanese oil and energy conglomerate ENEOS to take its EV rental service into Southeast Asia early next year, TechCrunch has exclusively learned. The company aims to be in 15 markets over the next two years. Of those 15 markets, Zypp Electric plans to launch its […]

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A venture capital firm looks back on changing norms, from board seats to backing rival startups

Last month, one of the Bay Area’s better-known early-stage venture capital firms, Uncork Capital, marked its 20th anniversary with a party in a renovated church in San Francisco’s SoMa neighborhood, where 420 guests showed up to help the firm to celebrate, trade tips, and share war stories. There’s no question the venture scene has changed […]

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Families of Uvalde shooting victims sue Activision and Meta

The families of victims of the shooting at Robb Elementary School in Uvalde, Texas are suing Activision and Meta, as well as gun manufacturer Daniel Defense. The families bringing the lawsuits are represented by attorney Josh Koskoff, who previously won a settlement from Remington for the families of Sandy Hook shooting victims. The suit against […]

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How Maven’s AI-run ‘serendipity network’ can make social media interesting again

Everything in society can feel geared toward optimization – whether that’s standardized testing or artificial intelligence algorithms. We’re taught to know what outcome you want to achieve, and find the path towards getting there.  Kenneth Stanley, a former OpenAI researcher and co-founder of a new social media platform called Maven, has been preaching for years […]

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