How to lose money, SoftBank edition
Alex and Grace are back to cover the biggest and most interesting technology, startup and market news. This morning was a fun mix of stuff that we don’t always get to, so strap in for the foll
Shield AI raises $165M at a $2.3B valuation to fuel development of its military autonomous flying systems
Technology built with defense in mind is getting some significant and serious traction at the moment, spurred by world events, advances in technology and a growing appetite from end users to invest in
The age of the centaur: $100M ARR is the new cloud valuation milestone
As the public cloud market pulls back, VCs and founders alike must prioritize recurring revenue over sky high valuations that are often as mythical as the unicorns they’re named after.
Vontive wants to be the Palantir of real estate investing
The U.S. residential real estate market has been booming because of the pandemic. Although the rise in home prices has shut many people out of the market, it’s been highly lucrative for those wh
Daily Crunch: ‘Strategic finance platform’ Mosaic raises $25M Series B
Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.
The 26 crypto startups that Y Combinator is backing in its W22 batch
Crypto was big at YC this batch. Y Combinator Demo Days returned yet again with another ballooning heap of startups. In the old days, a gaggle of TechCrunch reporters would go to the Demo Day in perso
If crypto companies are going to spend this much money, can we at least get an 11th F1 team?
It's time for a bold blockchain company to succeed where so many others have failed: building a new F1 team. Admit it, it's brilliant.
USAID should let for-profit companies help it build a better world
If USAID's NPI expands to work with tech companies, they can provide USAID with existing tools and solutions. Opening up NPI to for-profit businesses is the first step in doing so.
137 Ventures, which provides loans to private company shareholders, just raised a new fund
137 Ventures, a 10-year-old, San Francisco-based firm that offers loans to founders, executives, early employees and other large shareholders of private, high-growth tech companies in exchange for the
UK class action-style suit filed over DeepMind NHS health data scandal
A U.K. law firm is bringing a class-action style claim over a patient health data scandal that dates back to 2015 and involves the Google-owned AI company DeepMind, after it was quietly passed medical
The responsibilities of AI-first investors
How do investors ensure that the startups in which they invest responsibly apply AI?
Solar-powered aircraft developer Skydweller Aero adds $8M to Series A, partners with Palantir
Airplanes and drones today, regardless of size or fuel type, all face the same limitation: eventually they have to land. Skydweller Aero, the U.S.-Spanish aerospace startup, wants to break free from t
Monad emerges from stealth with $17M to solve the cybersecurity big data problem
Cloud security startup Monad, which offers a platform for extracting and connecting data from various security tools, has launched from stealth with $17 million in Series A funding led by Index Ventur
Austin-based iFly.vc closes $46M second fund from legendary tech founders
To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the f
Connected vehicle data startup Wejo partners with Microsoft, Palantir, Sompo
Connected vehicle data startup Wejo has announced partnerships with Microsoft, Palantir and Sompo Holdings to improve its ability to collect, store and analyze data from millions of connected vehicles
GM, Palantir-backed Wejo to go public via SPAC
Wejo, the connected vehicle data startup backed by GM and Palantir, plans to go public through a merger with special purpose acquisition company Virtuoso Acquisition Corp. The agreement, announced in
Equity Monday: Dogecoin is passé, but student notes are big business
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest pri
Brazil’s Loft adds $100M to its accounts, $700M to its valuation in a single month
Nearly exactly one month ago, digital real estate platform Loft announced it had closed on $425 million in Series D funding led by New York-based D1 Capital Partners. The round included participation
Saltbox raises $10.6M to help booming e-commerce stores store their goods
E-commerce is booming, but among the biggest challenges for entrepreneurs of online businesses are finding a place to store the items they are selling and dealing with the logistics of operating. Tyle