Startups

Consumer Financial Protection Bureau fines BloomTech for false claims

The CFPB is permanently banning BloomTech from consumer lending activities and its CEO, Austen Allred, from student lending for a period of 10 years.

Ramp raises another $150M co-led by Khosla and Founders Fund at a $7.65B valuation

Spend management startup Ramp has raised another $150 million at a post-money valuation of $7.65 billion, the company confirmed to TechCrunch today. New investor Khosla Ventures and existing backer Fo

Dark is building a rocket-powered boxing glove to push debris out of orbit

Paris-based Dark is taking on the dual problems of debris and conflict in orbit with their mobile platform designed to launch, attach to, and ultimately de-orbit uncooperative objects in space. Dark C

Mastering finance essentials with Mercury’s VP of finance, Dan Kang, at TechCrunch Early Stage

TechCrunch Early Stage is gearing up for another insightful event on April 25, and one roundtable session promises to be particularly illuminating for early-stage founders. Titled “Finance Funda

TechCrunch Minute: New Atlas robot stuns experts in first reveal from Boston Dynamics

This week Boston Dynamics retired its well-known Atlas robot that was powered by hydraulics. Then today it unveiled its new Atlas robot, which is powered by electricity. The change might not seem like

Cherub, an angel investing community inspired by dating apps, entices investors and founders to pair up

Jaclyn Johnson and Angeline Vuong were on a hike deliberating how hard it can be for people to get started in angel investing when they realized they had stumbled upon a startup idea. 

NeuBird is building a generative AI solution for complex cloud-native environments

NeuBird founders Goutham Rao and Vinod Jayaraman came from Portworx, a cloud-native storage solution they eventually sold to PureStorage in 2019 for $370 million. It was their third successful exit. 

Andreessen Horowitz’s $7.2B new funds for a ‘new era’

What is worth $11 billion and wants to go to Mars to collect rocks? NASA’s mission to Mars to collect rocks that was expected to cost $11 billion and take ages. So, the U.S. space agency is thr

Inversion Space will test its space-based delivery tech in October

Inversion Space is aptly named. The three-year-old startup’s primary concern is not getting things to space, but bringing them back — transforming the ultimate high ground into “a transportation

Fintech Mercury, whose B2B business is caught up in regulatory scrutiny, expands into consumer banking

Business banking startup Mercury, founded in 2017, is now launching a consumer banking product. Mercury today serves more than 100,000 businesses, many of which are startups, via its B2B practice. The

How Found Energy went from ‘self-cannibalizing robots’ to cleaning up heavy industry

The startup is decarbonizing heavy industry using aluminum as a fuel, an approach inspired by a future mission to Europa.

Lina Khan, Steve Case & more join StrictlyVC in Washington, DC

Late last summer, TechCrunch joined forces with StrictlyVC to create smaller, more intimate evenings for our readers. Already this year, we’ve hosted these nights in San Francisco and Los Angeles, f

Diagon puts ex-Tesla supply chain muscle to work for small businesses

Companies can identify qualified suppliers from Diagon’s network of equipment suppliers, system integrators and service providers. Then leverage a toolkit to manage those complex projects.

B2B marketplace The Folklore bags $3.4M seed to get brands into global stores

Amira Rasool founded The Folklore in 2018 to help fashion brands from emerging markets like Africa, Asia and The Caribbean tap into the international market. In 2022, the startup introduced The Folklo

Vorlon is trying to stop the next big API breach

Application programming interfaces (APIs) are the bedrock of everything we do online. APIs allow two things on the internet to talk with each other, including connected devices or phone apps. But the

HR startup Rippling is in discussions to raise at a $13.4B valuation, up from $11.25B

Late-stage HR tech startup Rippling is raising new capital. The company’s new round, which has not yet closed, would inject $200 million into Rippling with another $670 million worth of shares being

Kickstarter launches ‘late pledges’ for completed campaigns

Once a Kickstarter campaign is complete, you need to turn to a creator’s own page to buy the products after the campaign clock has ticked down — that is, until now. Today, Kickstarter anno

Betaworks bets on AI agents in latest ‘Camp’ cohort

Betaworks is embracing the AI trend not with yet another LLM, but instead a clutch of agent-type models automating everyday tasks that nevertheless aren’t so simple to define. The investor&#8217

Evolution Equity Partners raises $1.1B for new cybersecurity and AI fund

Evolution Equity Partners, a growth capital firm based in NYC, has raised $1.1 billion for a new cyber- and AI-focused fund.

Consumer tech investing is still hot for Maven Ventures, securing $60M for Fund IV

Overall, 16% of Maven’s portfolio companies have reached a minimum $500 million exit or valuation, which is 10x industry average, the firm said.
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