Saturday, June 29, 2024

Matrix rebrands India, China units for ‘organizational independence’

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Matrix is rebranding its India and China affiliates, becoming the latest venture firm to distance its international franchises. The U.S.-headquartered venture capital firm will retain its name, while Matrix Partners India will rebrand to Z47 and Matrix Partners China will rename itself MPC. Matrix began operating the India affiliated fund in 2006 and the China […]


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All VCs say they are founder friendly; Detroit’s Ludlow Ventures takes that to another level

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VCs Jonathon Triest and Brett deMarrais see their ability to read people and create longstanding relationships with founders as the primary reason their Detroit-based venture firm, Ludlow Ventures, is celebrating its 15th year in business. It sounds silly, attributing their longevity to what’s sometimes called “Midwestern nice.” But is it crazy? Maybe not. Before Ludlow, […]


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Friday, June 28, 2024

Amazon hires founders away from AI startup Adept

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Adept, a startup developing AI-powered “agents” to complete various software-based tasks, has agreed to license its tech to Amazon as the startup’s co-founders and portions of its team join the ecommerce giant. Geekwire’s Taylor Soper first reported the news. According to Soper, Adept co-founder and CEO David Luan will join Amazon, along with Adept co-founders […]

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YC alum Fluently’s AI-powered English coach attracts $2M seed round

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There are plenty of resources to learn English, but not so many for near-native speakers who still want to improve their fluency. That description applies to Stan Beliaev and Yurii Rebryk, and this is what inspired them to create Fluently. Making use of AI, Fluently operates as a coach that gives users feedback and tips […]

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All VCs say they are founder friendly; Detroit’s Ludlow Ventures takes that to another level

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VCs Jonathan Triest and Brett deMarrais see their ability to read people and create longstanding relationships with founders as the primary reason their Detroit-based venture firm, Ludlow Ventures, is celebrating its 15th year in business. It sounds silly, attributing their longevity to what’s sometimes called “Midwestern nice.” But is it crazy? Maybe not. Before Ludlow, […]

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TechCrunch Minute: Beware the smiling robot with living skin

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Will robots ever have living, human skin? Researchers have been exploring the question and they’ve come up with some pretty unsettling results. I think it’s fair to say that no one would confuse any of today’s robots, no matter how advanced, with another human being. Even when a company like Tesla or Figure creates a […]

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Elevate your 2025 fundraising strategy at Disrupt 2024

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Get ready to unlock the secrets of successful fundraising in the upcoming year at Disrupt 2024. Our featured session, “How to Raise in 2025 if You’ve Taken a Flat, Down, or Extension Round,” is designed to equip startups with the knowledge and strategies needed to navigate the evolving investment landscape. This session will challenge outdated […]

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Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others

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The salad days of fresh grocery delivery startups are over, but those that have stayed the course, and built businesses that are seeing gains, are still here and hungry for more growth. On Friday, one of those survivors, the Czech grocery delivery company Rohlik, announced $170 million in new funding. Rohlik – which means ‘baker’ […]


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Rohlik rolls up $170M to expand in European grocery delivery and sell its tech to others

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The salad days of fresh grocery delivery startups are over, but those that have stayed the course, and have built businesses that are seeing gains, are still here and are hungry for more growth. On Friday, one of those survivors, the Czech grocery delivery company Rohlik, announced $170 million in new funding. Rohlik – which […]

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Thursday, June 27, 2024

Meta starts testing user-created AI chatbots on Instagram

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Meta CEO Mark Zuckerberg announced on Thursday that the company will begin to surface AI characters made by creators through Meta AI studio on Instagram. The tests will begin in the U.S. The social media company’s announcement comes on the same day as a16z-backed chatbot company Character.ai is rolling out the ability for users to […]

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Amazon consolidates Amazon Clinic into the One Medical brand

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Amazon is folding its Amazon Clinic telehealth service into its primary care business One Medical, the company announced on Thursday.  The company explained in today’s blog post that, to simplify Amazon’s primary care offering for customers, the service has now been rebranded to Amazon One Medical Pay-per-visit, and now offers more affordable per-visit pricing. Customers […]

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Rondo Energy funding shows a new way across the climate startup ‘valley of death’

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Climate tech startups especially those building hardware, face a particular challenge when trying to move beyond the prototype or pilot phase and start selling finished products to customers.

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