Last month, at the same time that the London-based venture firm Felix Capital was announcing that it has closed its fourth and newest fund with $600 million in capital commitments, we had a separate c
South Korean AI chip developer Rebellions has raised a $22.8 million (30 million KRW) extension to its Series A financing from a strategic investor KT, one of the largest telecom companies in South K
Over the weekend, Tesla showed off its latest gadget: a solar trailer, featuring extendable panels, a satellite internet terminal and even a lick of matte-black paint. Tesla may have designed the trai
During the most recent Y Combinator startup batch, Peakflo stood out to TechCrunch. The company’s simple pitch — Bill.com for Southeast Asia — fit neatly into the broader narrative o
HBO Max will cease new original programming in parts of Europe and the company will also shut down Cinemax’s TV Everywhere platform, Cinemax Go, as its parent company Warner Bros. Discovery moves th
Jordan Kretchmer founded Rapid Robotics with the mission of simplifying robotics for manufacturing by providing out-of-the-box automation solutions. Founded in 2019, the company quickly gained the att
Loft, a Brazilian proptech unicorn, has laid off about 380 employees, or 12% of its workforce, the company announced today. The layoff marks the company’s second round of cuts this year so far. In A
Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
The burgeoning low-code and no-code movement is showing little sign of waning, with numerous startups continuing to raise sizable sums to help the less-technical workforce develop and deploy software
Lawyers representing two former Tesla employees who were terminated in mid-June have filed an emergency motion asking a judge to prohibit the EV automaker from forcing workers to sign releases in exch
Toyota has reached the 200,000-unit cap on electric and plug-in-hybrid vehicles that are eligible for a federal tax credit of $7,500. While the Japanese automaker does have exactly one electric vehicl
TikTok is testing a new setting that lets users restrict their livestreams to viewers who are 18 years of age and above. The company confirmed to TechCrunch that the new setting is currently in limite
India on July 1 implemented a 1% tax on cryptocurrency trades over 10,000 Indian rupees, or about $127. There’s already been a chilling effect on Indian digital asset marketplaces.
Offshore wind hasn’t made many waves in the U.S. yet, but it’s about to, and one state is making sure it's a centerpiece of its economic policy.
Outschool, a marketplace for kid-friendly, virtual after-school programs, has laid off 31 people or 18% of its workforce, CEO Amir Nathoo confirmed to TechCrunch over text message. The layoff, conduct
We sat down with Veo CEO and co-founder Candice Xie one year after our initial interview to discuss what is happening in shared micromobility.
Voyantis, a startup developing tools to estimate a customer’s lifetime value, today emerged from stealth with $19 million in seed funding from Target Global, Square Peg, Schusterman Family Inves
Welcome Back to Found, the TechCrunch podcast where we get the stories behind the startups. It’s rare we get to speak to someone who has been working at their company for 19 years so this conversati
As founders bend over backward to get backing, legal due diligence can sometimes go overlooked.
All valuations are hypothetical, so bear that in mind the next time you're reviewing an offer letter.