The Latest

It’s hard to believe that, despite a scientific consensus and mountains of verified evidence, climate change has become a global political football. And yet here we are.  All the innovative…

US Energy Secretary Jennifer Granholm will speak at TC Sessions: Climate

Amazon is shutting down its smart home camera, the Cloud Cam, and its companion apps, the company informed customers via a recent email. Launched in 2017, the nearly five-year-old Cloud…

Amazon is killing its Alexa-connected Cloud Cam, will replace customers’ dead devices with a Blink Mini

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back…

Faster ML models, crypto M&A and what’s ahead for on-demand pricing

Focusing on “Customer-centric founders redefining everyday experiences,” venture firm Hannah Grey told me it just closed its oversubscribed $51.6 million fund. The company’s thesis focuses on “studying macro-societal forcing functions…

Hannah Grey launches its $52M inaugural fund

Featured Article

TechCrunch Live is going to Columbus, OH — June 1st!

On June 1, 2022, the TechCrunch Live crew is hosting an extended TechCrunch Live episode with Columbus investors, founders and business leaders. There’s even a pitch-off with Columbus-area startups. Register for the virtual event here for free! Why Columbus? Because it’s quickly becoming a major startup scene in the Midwest, especially in the areas of…

6:38 am PDT • May 31, 2022
TechCrunch Live is going to Columbus, OH — June 1st!

Bonfire Ventures aims to help B2B software startups make it to Series A. 

Bonfire Ventures secures $230M for two new funds targeting B2B software startups

The company provides working capital based on sales forecast data to resolve the shipping, fulfillment, advertising and inventory cost of goods for e-commerce sellers.

Onramp Funds accelerates e-commerce financing platform with $42M in equity, credit

Railway, a startup building a software deployment platform tailored for engineers, today announced that it raised $20 million in a Series A round led by Redpoint Ventures and angel investors…

Railway snags $20M to streamline the process of deploying apps and services

Vendia, a blockchain-based platform that makes it easier for businesses to share their code and data with partners across applications, platforms and clouds, today announced that it has raised a…

Data-sharing platform Vendia raises $30M Series B

Cybersecurity continues to grow in complexity due to the ever-increasing threat landscape — more services in the cloud, more digital operations and more devices mean more attack surfaces and variations…

Seemplicity emerges from stealth with $32M to consolidate security notifications and speed up response times

Where we’ll be next

SBI Holdings, a Japanese securities and banking giant that launched a crypto-asset fund for retail investors last year, has been actively investing in the infrastructure that will allow it to…

New York-based Digital Asset to help Japan’s financial giant SBI develop ‘smart yen’

Google-backed DotPe, which helps businesses in India go online and sell digitally, is in advanced stages of talks to raise about $50 million in a new financing round, a source…

Temasek in talks to invest in Google-backed DotPe

HitPay has almost everything SMEs need to run their businesses. In addition to being an online payment gateway, it also offers tools like point-of-sale software with card readers, plugins, payment…

HitPay is a one-stop solution for SMEs

So-called “tech for good” accelerators addressing such worthy sounding subjects as ESGs and SDGs have appeared in the last few years. Some observers have dismissed these efforts as scalable only…

Zinc heads toward new $41M tech-for-good fund to back pre-team talent solving big problems
Space

Max Q: Mines and metals

3:00 pm PDT • May 30, 2022

Hello and welcome back to Max Q. There is SO much news this week, so let’s dive in. In this issue: Astroforge’s asteroid mining ambitions, Boeing’s Starliner comes home, and…

Max Q: Mines and metals

We’re just about two weeks away from our first foray into climate tech at TC Sessions: Climate & The Extreme Tech Challenge 2022 Global Finals on June 14 in Berkeley,…

Partner sessions at TC Sessions: Climate offer knowledge and insight

Research in the field of machine learning and AI, now a key technology in practically every industry and company, is far too voluminous for anyone to read it all. This…

Perceptron: Risky teleoperation, Rocket League simulation and zoologist multiplication

Are remittance payments really ripe for crypto disruption? And can DeFi help what a16z’s state of crypto report calls the “huge part of the world [ … ] underserved by…

For remittances, crypto is still a problem looking for a solution

Strong Compute, a Sydney, Australia-based startup that helps developers remove the bottlenecks in their machine learning training pipelines, today announced that it has raised a $7.8 million seed round. The…

Strong Compute raises $7.8M seed round to speed up ML training pipelines

Egypt-born and Dubai-headquartered mobility startup SWVL is planning to lay off 32% of its workforce it said in a statement today. The company’s LinkedIn profile shows it has over 1,330…

SWVL plans to lay off 32% of its team two months after going public