New York

The Alliance encourages firms and investors to collect diversity data and increase the number of women and minorities hired and funded annually.

New York VC firms form alliance to back diversity

Indian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B, calling their demands for prepayment…

Byju’s sues ‘predatory’ lenders on $1.2B term loan, won’t make further payments

According to former employees of human resources startup Free Agency, CEO Sherveen Mashayekhi’s leadership style is holding the startup back as he seems to care more about demanding loyalty and…

Free Agency CEO seems to care more about control than the company, former employees say

New York Attorney General Letitia James filed a lawsuit against Alex Mashinsky, co-founder and former CEO of Celsius Network, according to an announcement on Thursday. James alleged that Mashinsky defrauded…

New York Attorney General sues former Celsius CEO for defrauding crypto investors

During the lull between last Christmas and New Year’s, New York State became one of the first in the country to enact a “right to repair” law — albeit with…

New York’s right-to-repair bill has major carve-outs for manufacturers

All new passenger cars, pickup trucks and SUVs sold in New York state must be zero emissions by 2035, Governor Kathy Hochul announced Thursday. “By revving up our clean transportation…

New York follows California mandating zero-emissions vehicles by 2035

Managing partners Ben Lerer and Eric Hippeau discuss the new funds, VC dry power and the current funding environment.

Lerer Hippeau closes $230M across two new funds; Ben Lerer is back

OurCrowd, the global crowdfunding venture firm, today announced its newest fund. As the organization announced at today’s Clinton Global Initiative event in New York, it is partnering with the WHO…

OurCrowd announces its new $200M Global Health Equity Fund

Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. Global app spending reached…

This Week in Apps: Apple’s event brings a ‘Dynamic Island,’ new widgets and iOS 16

The cost of cybercrime has been growing at an alarming rate of 15% per year, projected to reach $10.5 trillion by 2025. To cope with the challenges that this poses,…

Cymulate snaps up $70M to help cybersecurity teams stress test their networks with attack simulations

MEDU aims to reduce hospital garment waste and replace single-wear items with its line of sustainable, virus-resistant reusable pieces.

MEDU takes in $4M to develop reusable personal protective equipment

Longevity-focused startups have been proliferating in recent years as we become more focused on our health. However, it’s not just about apps to get you in the gym. Longevity startups…

This new $100M fund plans to focus on startups accelerating the science around longevity

By focusing on e-commerce, Highbeam is able to provide a single financial view of the business and help entrepreneurs decide the right cash and credit options.

Highbeam inks $7M to shine light on e-commerce-specific banking needs

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.

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

Hong Kong-based drug discovery and development company Insilico has secured fresh capital at a time that its CEO described as a “biotech winter.” The firm has raised $35 million on…

Aramco’s Prosperity7 powers AI drug firm Insilico’s $95M round

If you’ve ever wondered if you can survive the deadly game of Red Light, Green Light with the robot girl in “Squid Game,” then you might have the chance to…

Interactive gaming company Immersive Gamebox partners with Netflix to launch ‘Squid Game’ experience

Compared to this year’s drumbeat of announcements from car companies touting future battery-electric models, Stellantis has remained quiet, focusing on plug-in hybrids instead. The Amsterdam-based joint venture between Fiat-Chrysler and…

3 indicators to watch for on Stellantis Q2 earnings day

How long is your startup’s runway? It’s an important question and an essential metric for every early-stage founder to know. But for startups wading into hot sectors with big markets…

Anthemis, Airbase and Ramp will talk about balancing runway and growth in competitive sectors at Disrupt

We’ve seen a number of new web3-focused venture fund launches in the past month from large traditional VCs, including Lightspeed, as well as smaller, crypto-native firms such as Valkyrie. Although…

New York City’s Interplay is raising $10M for new blockchain fund

Didi, the Chinese ride-hailing behemoth that has undergone a year of regulatory overhaul, faces a fine of over 8 billion yuan ($1.28 billion) from the country’s authorities, The Wall Street…

China’s $1B fine on Didi could end the mobility giant’s troubled year

Crypto asset manager Valkyrie, best known for launching one of the only U.S. SEC-approved bitcoin futures ETFs, is moving into a new asset class — venture capital. The firm hired…

Crypto asset manager Valkyrie looks to raise $30M for its new VC arm

Featured Article

After Roe’s reversal, founders of women’s health startups prepare for battle

TechCrunch conducted a vibe check with the women founders taking themselves and their companies to the front lines of the fight for abortion.

12:00 pm PDT • July 16, 2022
After Roe’s reversal, founders of women’s health startups prepare for battle

Despite multiple overtures by the British government to woo tech companies and keep the largest ones from defecting to the U.S., the latest example of the failure of this policy…

London fails to retain Atlassian as it heads stateside in search of a ‘broader set’ of investors

Crypto owners tend to be more generous than other investors when donating to charity, research shows. Whether that’s because of their strong sense of community or because of the lucrative…

Online donation platform Change helps charities fundraise in crypto

Featured Article

Roe reversal weighs heavily on emerging tech cities in red states

The recent increase in conservative legislation and political division could affect the tech landscape, deterring workers from migrating to these hubs and causing an exodus of talent from red states.

10:30 am PDT • July 7, 2022
Roe reversal weighs heavily on emerging tech cities in red states

Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in New York, according to a report in Bloomberg. The mega fund, founded by Credit Suisse traders…

Crypto mega hedge fund Three Arrows Capital reportedly files for bankruptcy in New York

Macmillan, one of the largest book publishers in the U.S., said it has been hit by a cyberattack that forced it to shut down its IT systems.  Macmillan spokesperson Erin…

US publisher Macmillan confirms cyberattack forced systems offline

On the face of it, the cybersecurity sector is doing just fine. Demand for cybersecurity products remains high as cyberattacks continue to blight both public and private-sector businesses, and investor…

Cybersecurity startups, once the VC darling, hammered by layoffs

Welcome back to Chain Reaction. Last week, we talked about infinite pessimism in the crypto markets. This week, we’re talking about parties and tattoos and booze and fun. If you…

Formerly rich NFT buyers party through the pain

As several Apple stores across the country fight to unionize, workers in Towson, Maryland became the first to win formal recognition. Out of 110 eligible employees, the union received 65…

An Apple store in Maryland makes history by forming the company’s first recognized union