New York

New York VC firms form alliance to back diversity

The Alliance encourages firms and investors to collect diversity data and increase the number of women and minorities hired and funded annually.

Byju’s sues ‘predatory’ lenders on $1.2B term loan, won’t make further payments

Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B, calling their demands for prepayment of the entire a

Free Agency CEO seems to care more about control than the company, former employees say

According to former employees of human resources startup Free Agency, CEO Sherveen Mashayekhi’s leadership style is holding the startup back as he seems to care more about demanding loyalty and

New York Attorney General sues former Celsius CEO for defrauding crypto investors

New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, co-founder and former CEO of Celsius Network, according to an announcement on Thursday. James alleged that Mashinsky def

New York’s right-to-repair bill has major carve-outs for manufacturers

During the lull between last Christmas and New Year’s, New York State became one of the first in the country to enact a “right to repair” law — albeit with amended language tha

New York follows California mandating zero-emissions vehicles by 2035

All new passenger cars, pickup trucks and SUVs sold in New York state must be zero emissions by 2035, Governor Kathy Hochul announced Thursday. “By revving up our clean transportation transition

Lerer Hippeau closes $230M across two new funds; Ben Lerer is back

Managing partners Ben Lerer and Eric Hippeau discuss the new funds, VC dry power and the current funding environment.

OurCrowd announces its new $200M Global Health Equity Fund

OurCrowd, the global crowdfunding venture firm, today announced its newest fund. As the organization announced at today’s Clinton Global Initiative event in New York, it is partnering with the WHO F

This Week in Apps: Apple’s event brings a ‘Dynamic Island,’ new widgets and iOS 16

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached $65 billion in th

Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

The cost of cybercrime has been growing at an alarming rate of 15% per year, projected to reach $10.5 trillion by 2025. To cope with the challenges that this poses, organizations are turning to a grow

MEDU takes in $4M to develop reusable personal protective equipment

MEDU aims to reduce hospital garment waste and replace single-wear items with its line of sustainable, virus-resistant reusable pieces.

Mad Realities’ Devin Lewtan is onboarding crypto users through reality television

Web3 doesn’t have the most inclusive reputation, yet so many crypto founders talk about onboarding the next 100 million users into the space. Statistically speaking, the next 100 million can&#82

This new $100M fund plans to focus on startups accelerating the science around longevity

Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups can range from

Highbeam inks $7M to shine light on e-commerce-specific banking needs

By focusing on e-commerce, Highbeam is able to provide a single financial view of the business and help entrepreneurs decide the right cash and credit options.

How digital health startups are navigating the post-Roe legal landscape

As state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healthcare should include.

Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on the hee

There’s always another nightmarish crypto hack around the corner

Welcome back to Chain Reaction. Last week, we looked at the near-term future for crypto gaming as VCs zero in on where to place consumer bets. This week, we’re looking at hardware wallets and th

Interactive gaming company Immersive Gamebox partners with Netflix to launch ‘Squid Game’ experience

If you’ve ever wondered if you can survive the deadly game of Red Light, Green Light with the robot girl in “Squid Game,” then you might have the chance to find out. Netflix has partnered with i

3 indicators to watch for on Stellantis Q2 earnings day

Compared to this year’s drumbeat of announcements from car companies touting future battery-electric models, Stellantis has remained quiet, focusing on plug-in hybrids instead. The Amsterdam-based j

Anthemis, Airbase and Ramp will talk about balancing runway and growth in competitive sectors at Disrupt

How long is your startup’s runway? It’s an important question and an essential metric for every early-stage founder to know. But for startups wading into hot sectors with big markets — fintech a
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