lux capital

Keith Rabois’ OpenStore bags new funding as valuation soars to $970M

While other e-commerce aggregators announced layoffs, OpenStore “grew substantially, increased brands and tripled its team,” Rabois said.

Countdown Capital raises $15 million to back the next industrial revolution

In a time when most VCs are acting more cautiously and placing focus on companies with a quick path to profitability, Countdown Capital is instead going all in on hard-to-build, capital-intensive bets

Felicis, Lux Capital and Upfront Ventures tackle TAM at Disrupt

Perception is everything — especially when it comes to the value of software startups and total addressable markets (TAM). During 2020 and 2021, as COVID bit into the economy, tech products turned o

How digital health startups are navigating the post-Roe legal landscape

As state laws shift and abortion bans go into effect across the United States, companies are still trying to find ways to provide care while reimagining what healthcare should include.

Say hello to the kick-ass final agenda for the TechCrunch+ stage at Disrupt 2022

TechCrunch is bringing our flagship event, Disrupt, back to the real world this year, which means we’re hard at work on our big October 18-20 shindig. Founders, investors, tech denizens, crypto

24 hours left to save $1,300 on early-bird passes to Disrupt

We’re T-minus 24 hours until the TechCrunch Disrupt early bird flies south and takes up to $1,300 in savings with it. If you’re serious about realizing your startup dreams, you need to be kind to

Zededa lands a cash infusion to expand its edge device management software

Factors like latency, bandwidth, security and privacy are driving the adoption of edge computing, which aims to process data closer to where it’s being generated. Consider a temperature sensor i

Developer infrastructure expert Anand Iyer goes solo with new $20M crypto fund

Engineers are the bedrock of any tech product, and blockchains are no exception. As the race between different chains heats up, communities of loyalists are duking it out to attract developers to thei

Why web3 companies get hacked so often, according to crypto VC Grace Isford

On the Chain Reaction podcast this week, Lux Capital’s newest investor, Grace Isford, joined us to talk about the opaque but crucial world of web3 infrastructure. At Lux, Isford invests in the

Can Andreessen Horowitz prevent the next crypto winter?

Hey everyone, and welcome back to Chain Reaction. Last week, we talked about the rough road ahead for Coinbase. This week, we’re talking a bit about Andreessen Horowitz’s multibillion-doll

TechCrunch Podcasts this week: Scaling web3, bulls and bears, falling tech valuations and UFOs

TechCrunch is more than just a site with words. We’re also building a growing stable of podcasts focused on the most critical topics relating to the startup and venture capital worlds. To help y

Anduril is raising up to $1.2B, sources say at a $7B pre-money valuation, for its defense tech

Technology built to improve state resilience — be it in the form of cybersecurity, energy independence, national defense or something else entirely — has come into stronger focus in the wa

Hugging Face reaches $2 billion valuation to build the GitHub of machine learning

Hugging Face has closed a new round of funding. It’s a $100 million Series C round with a big valuation. Following today’s funding round, Hugging Face is now worth $2 billion. Lux Capital is leadi

Digital health startups brace for a post-Roe world

Per a leaked draft obtained by Politico, the Supreme Court is set to overturn the landmark Roe v. Wade decision, a precedent that protects a women’s choice to have an abortion. The move, still yet t

Digital bank Umba raises $15M, plans to expand into three new African markets

There’s no shortage of digital banks in Nigeria and, in general, in Africa. As the region continues to experience rapid growth in mobile usage and the corresponding growing young population, these f

3 ways deep tech founders can climb out of pilot purgatory

Big problems make room for big returns, and while I don’t presume to have a silver bullet solution, here are three ways deep tech founders can ensure their time in pilot purgatory ends in a rollout.

Cloaked raises $25M Series A to generate privacy-friendly identities on the fly

Cloaked, a Boston-based startup that allows users to generate unique email addresses and phone numbers when creating online accounts, has secured $25 million in Series A funding. Founded in 2020 by br

Gandeeva Therapeutics raises $40m zoom in on biomolecules – and create new drugs in the process

The field scientists once jokingly called “blobography” has come a long way. Cryogenic electron microscopy was formerly known for delivering amorphous images of biomolecules. Now it has become one

With funding from top investors, Gameto aims to delay — even eradicate — menopause

With every year, more scientists and academics are very specifically trying to lengthen the lifespan of humans and ensure that those extra years are worth living. Some of these teams are focused on de

Archive.ai aims to free marketers from their monotonous workflows

Archive.ai founders believe the future of marketing will be a culture of “building with you” versus the “talking at you” approach they believe traditional digital marketing is doing now.
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