Startups

Tech startup news that breaks down the funding, growth, and long-term trajectory of companies across every stage and industry. Startup coverage includes climate, crypto, fintech, SaaS, transportation, and consumer tech.

With venture totals slipping year-over-year in key markets like the United States, and concern that venture firms themselves are struggling to raise more capital, founders might be worried. After all,…

Can AI help founders fundraise more quickly and easily?

Autonomous, AI-based players are coming to a gaming experience near you, and a new startup, Altera, is joining the fray to build this new guard of AI agents. The company announced…

Bye-bye bots: Altera’s game-playing AI agents get backing from Eric Schmidt

We’ve all seen them. The inspector with a clipboard, walking around a building, ticking off the last time the fire extinguishers were checked, or if all the lights are working.…

Checkfirst raises $1.5M pre-seed to apply AI to remote inspections and audits

Close to a decade ago, brothers Aviv and Matteo Shapira co-founded a company, Replay, that created a video format for 360-degree replays — the sorts of replays that have become…

Controversial drone company Xtend leans into defense with new $40 million round

Usually, when something starts to rot, it gets pitched in the trash. But Joanne Rodriguez wants to turn the concept of rot on its head by growing fungus on trash…

Mycocycle uses mushrooms to upcycle old tires and construction waste

Monzo has raised another £150 million ($190 million), as the challenger bank looks to expand its presence internationally — particularly in the U.S. The new round comes just two months…

UK challenger bank Monzo nabs another $190M as US expansion beckons

Cleaning the outside of buildings is a dirty job, and it’s also dangerous. Lucid Bots came on the scene in 2018 with its Sherpa line of drones to clean windows…

Lucid Bots secures $9M for drones to clean more than your windows

Mushrooms continue to be a big area for alternative proteins. Canada-based Maia Farms recently raised $1.7 million to develop a blend of mushroom and plant-based protein using biomass fermentation. There’s…

Meati Foods bites into another $100M amid growth to 7,000 retail locations

For the founders of Atlan, a data governance startup, data has always been at the heart of what they do, even before they launched the company. In fact, co-founders Prukalpa…

Atlan scores $105M for its data control plane, as LLMs boost importance of data

It is estimated that about 2 billion people, especially those in lower- and middle-income countries, lack access to quality and affordable essential medicines. The situation is exacerbated by low-quality or even killer…

Axmed raises $2M from Founderful to streamline drug supply chains in underserved markets

Kyle Kuzma is a lot of things. He’s a forward for the Washington Wizards NBA team and a 2020 NBA champion. He’s also a style icon — depending on who…

NBA champion Kyle Kuzma looks to bring his team mentality to Scrum Ventures

The pandemic ushered in an e-bike boom. But like so many other pandemic trends, that boom didn’t last. The last year has seen e-bike startups VanMoof and Cake file for…

Bloom is reinventing how e-bikes are made in the US

Featured Article

A comprehensive list of 2024 tech layoffs

The tech layoff wave is still going strong in 2024. Following significant workforce reductions in 2022 and 2023, this year has already seen 60,000 job cuts across 254 companies, according to independent layoffs tracker Layoffs.fyi. Companies like Tesla, Amazon, Google, TikTok, Snap and Microsoft have conducted sizable layoffs in the first months of 2024. Smaller-sized…

11:30 am PDT • May 7, 2024
A comprehensive list of 2024 tech layoffs

Oyo, the Indian budget-hotel chain startup, is negotiating with investors to raise a new round of funding that could cut the Indian firm’s valuation to $3 billion or lower, three…

India’s Oyo, once valued at $10B, seeks new funding at 70% discount

U.K.-based autonomous vehicle startup Wayve started life as a software platform loaded into a tiny electric “car” called Renault Twizy. Festooned with cameras, the company’s co-founders and PhD graduates, Alex…

Exclusive: Wayve co-founder Alex Kendall on the autonomous future for cars and robots

While taking a long road trip across the U.S. years ago, Sanish Mondkar realized that there were stark, problematic disconnects between employers and the staff they employ. To critics of…

Legion’s founder aims to close the gap between what employers and workers need

In 2017, Vinod Khosla told CNBC that the job “of the radiologist will be obsolete in five years.” While the founder of Khosla Ventures later revised that timeline to as…

Rad AI, a startup that helps radiologists save time on report generation, raises $50M Series B from Khosla Ventures

Digital banking startup Mercury is layering software onto its bank accounts, giving its business customers the ability to pay bills, invoice customers and reimburse employees, the company has told TechCrunch…

Startup neobank Mercury is taking on Brex and Ramp with new bill pay, spend management software

Thomas Li was working at Point72, the hedge fund founded by notorious investor Steve Cohen, when he realized that the financial industry relies heavily on manual data entry processes that…

Daloopa trains AI to automate financial analysts’ workflows

When Itai Ben-Zaken’s first startup failed in 2018, the former BCG consultant and Wharton MBA spent months trying to understand what he could have done differently during the five years…

Honeycomb Insurance grabs $36M Series B from solo VC-led Zeev Ventures

A couple of weeks ago, TechCrunch broke the news that Akamai was in discussions to acquire Noname Security, a specialist in API security, for around $500 million. Today, the deal…

Akamai confirms acquisition of Noname for $450M

If you’re an electricity nerd, chances are you’ve already spent quite a few hours looking at Electricity Maps and its mesmerizing export flow animations. This open source data visualization project…

Electricity Maps calculates the carbon intensity of electricity consumption to optimize usage at scale

With U.S. regulators continuing to ramp up their scrutiny of crypto, startups and founders in the space are looking overseas to find friendlier climates to support their growth. One such…

Global crypto firms turn to Hong Kong for refuge — and opportunity

As DocuSign reportedly explores a sale to private equity, it’s acquiring a company itself. On Monday, DocuSign announced that it’s buying Lexion, a contract workflow automation startup, for $165 million.…

DocuSign acquires AI-powered contract management firm Lexion

Building a startup is hard. Building a company that helps startups is similarly difficult. That’s the takeaway from TechCrunch reporting on Techstars and Newchip. In the case of Newchip, the…

TechCrunch Minute: Newchip, Techstars and what happens when startup accelerators fail

Plenty of founders have a difficult decision to make early in their journey: where to set up shop. For deep tech founders, the decision is complicated by the fact that…

How to choose a deep tech startup program

Last November, Adam D’Angelo found himself at the epicenter of one of the biggest controversies in the tech industry. The board of OpenAI — the $80 billion startup leading the…

Quora CEO Adam D’Angelo talks about AI, chatbot platform Poe and why OpenAI is not a competitor

Founders at the early stages of building their startups may have already created a strong solution, identified a gap in the market, or may simply have an inescapable and driving…

Sequoia’s Jess Lee explains how early-stage startups can identify product-market fit

While many recent mental health-focused startups are digital first, Amae Health focuses on the importance of in-person care.

Deal Dive: Amae Health is building an in-person approach to mental healthcare in an increasingly digital space

According to SEC filings, ICONIQ Growth has raised $5.21 billion across two funds affiliated with the Seventh Growth Fund Family. However, the firm’s original fundraising was $5.75 billion, according to…

ICONIQ Growth raises $5.75B seventh flagship fund