Startups

Distressed Indian startup GoMechanic acquired by Lifelong Group-led consortium

A consortium led by Lifelong Group has acquired the distressed firm GoMechanic months after the Sequoia India-backed startup admitted “grave errors” in financial reporting. The New Delhi-headquart

Amazon-backed Acko nears $120 million in new funding

Indian insurtech Acko is in late-stage discussions to secure $120 million in a funding round at a time when weak global market conditions have subdued large financing deliberations in the South Asian

The market has changed, but super-voting shares are here to stay, says Mr. IPO

Yesterday, the ride-sharing company Lyft said its two co-founders, John Zimmer and Logan Green, are stepping down from managing the company’s day-to-day operations, though they are retaining their b

StellarFi lands $15M to help people build credit by paying bills, rent on time

Building credit is hard when it’s difficult to even get credit. And while it’s not impossible to get loans or credit cards, they are usually offered at high interest rates to the people who can le

Daily Crunch: Zoom’s new AI-powered features include whiteboard generation and meeting summaries

Hello, friends, and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Italy’s ban on cultivated meat could set the industry back

The bill will now go in front of parliament, and if passed, any violation of the law in the future could result in fines of up to €60,000 or about $65,000.

Saildrone takes the wraps off its Voyager autonomous research vessel

Saildrone has quickly risen to the surface of the growing field of autonomous seagoing vehicles — a category you could be forgiven for not knowing about but that is increasingly important across num

Ask Sophie: What to do if selected/not selected in H-1B lottery?

U.S. Citizenship and Immigration Services received enough electronic lottery registrations to max out the number of H-1Bs that can be allocated in the new fiscal year.

Microsoft lets generative AI loose on cybersecurity

As a part of its continued quest to inject generative AI into all its products, Microsoft today introduced Security Copilot, a new tool that aims to “summarize” and “make sense&#8221

TechCrunch+ roundup: Deep due diligence, early Q1 2023 VC results, flight lessons for angels

Maybe some founders are under pressure to return money to investors, but what about the GPs who are sending funds back to their LPs?

Krisp expands from noise canceling to on-device transcription

Krisp got its start as an AI-powered noise-cancellation service, but now the startup is moving beyond that with instant on-device transcription of all your calls and meetings — and of course it inte

Experience the Found podcast live at TC Early Stage

What’s it like to be a startup founder? Not the hype, not the spin. What’s it really like? That’s the thesis behind the TechCrunch podcast Found. Each episode features an interview with an early

Building Generative AI before it was cool with Angela Hoover from Andi

Welcome back to Found, where we get the stories behind the startups. This week Darrell and Becca are joined by Angela Hoover, the co-founder and CEO of Andi, a program that uses generative AI to bring

Q1 VC results tread water, but that’s cold comfort for SaaS unicorns

PitchBook data shows how far venture activity has fallen from year-ago totals and just how brutal the venture capital market appears for late-stage startups.

Seed funding finds fertile ground with Mate Fertility

Fertility treatment is a huge industry, but traditionally it has been very geographically and demographically limited. U.S. fertility clinics are concentrated in the top 10 metropolitan areas across t

Laid off? Snag a free Expo+ pass to TC Disrupt 2023

If you’re one of the many people caught in all the recent tech layoffs, listen up. We have a free Expo+ pass to TechCrunch Disrupt (September 19–21 in San Francisco) with your name on it. Laid off

Cultured meat firm resurrects woolly mammoth in lab-grown meatball

Truth, as the saying goes, is often stranger than fiction. The very notion of resurrecting the long-extinct woolly mammoth was the stuff of fantasy not that long ago, but scientists are already workin

Fresh funding gives cat food brand Smalls avenue into retail for the first time

Smalls will open a cat cafe in New York in the fall and continue innovating on its fresh cat food products.

VCs continue to pour dollars into generative AI

VCs aren't giving up on generative AI, which they believe will be the next big thing in tech. The investment numbers are staggering.

Tory Burch Foundation launches tool to help women founders find capital

The tool comes at a perilous time for many women founders: last year, companies founded solely by women received just 1.9% of all capital allocated to US startups.
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