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Defense startup True Anomaly lays off around 25%, cancels summer internship

Space and defense startup True Anomaly has laid off around 25% of its workforce and cancelled its summer internship program, TechCrunch has learned.

After 6-year hiatus, Stripe to start taking crypto payments, starting with USDC stablecoin

The company announced that it would start to let customers accept cryptocurrency payments, starting with USDC stablecoins, initially only on Solana, Ethereum and Polygon

Playruo lets you try game demos from your web browser

It’s still unclear whether cloud gaming will ever become the next big thing. The appeal is clear: The game you’re playing runs in a data center near you, and the video output is directly streamed

Eric Schmidt-backed Augment, a GitHub Copilot rival, launches out of stealth with $252M

Augment, a startup developing an AI-powered platform similar to GitHub's Copilot, has launched out of stealth valued at nearly $1 billion.

Dripos raises $11M Series A to replace Square, Toast and 8 other pieces of software

Dripos brings together point-of-sale, mobile payments, employee management and payroll, loyalty and marketing automation and administrative functions like accounting and banking.

Seed-stage firm Eniac Ventures raises $220M across two funds

Eniac has raised $60 million for Select 1, the firm’s vehicle for follow-on later-stage investments, and $160 million for Eniac VI.

Former Magic Leapers launch a platform for AR experiences

When Trace’s future co-founders Greg Tran, Martin Smith and Sean Couture joined Magic Leap in spring/summer of 2015, it was about as hot as startups come. After years of secrecy, the augmented reali

Campus, a community college startup, receives $23M Series A extension led by Founders Fund

Although many students in the United States enter community colleges intending to transfer to four-year universities, only 16% of those students receive bachelor’s degrees within six years. But

Framework’s repairability philosophy is set to expand beyond the laptop

Framework Computer was ahead of the curve. The company was founded in 2019, as 20 U.S. states began exploring potential right to repair bills. It delivered its first product, the Framework 13, in 2021

With Easel, ex-Snap researchers are building the next-generation Bitmoji thanks to AI

Easel is a new startup that sits at the intersection of the generative AI and social trends, founded by two former employees at Snap. The company has been working on an app that lets you create images

a16z promotes Jennifer Li to help lead the new $1.25B Infrastructure fund

Silicon Valley powerhouse venture capital firm Andreessen Horowitz just promoted Jennifer Li to general partner to help lead infrastructure investments.

Tesla still plans to build 1,800-mile charging corridor for semi trucks despite Biden funding snub

Tesla is pushing forward with a plan to build an electric big rig charging corridor stretching from Texas to California, despite being snubbed by a lucrative federal funding program that’s part

Hackers are threatening to leak World-Check, a huge sanctions and financial crimes watchlist

The hackers say they have stolen 5.3 million records from the World-Check database, used by companies and banks for screening potential customers.

Building owners are often in the dark about their carbon pollution — a new algorithm could shed light on it

NZero developed a new algorithm that helps building owners estimate their carbon pollution down to the hour.

Magnus Metal wants to revamp the 4,000-year-old way metal parts are made

The startup is developing a technology it claims is as fast and energy efficient as 3D printing at a cost that can compete with sand casting.

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

LinkedIn testing Premium Company Page subscription with AI-assisted content creation

LinkedIn — the social platform that targets the working world — has quietly started testing another way to boost its revenues, this time with a new service for small and medium businesses.

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.

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

India scrambles to curb PhonePe and Google’s dominance in mobile payments

The NPCI plans to meet various fintech startups this month to develop a strategy to address the market dominance of PhonePe and Google Pay in the UPI ecosystem.
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