Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services where network assets and apps can range far and wide, the biggest vulnerabilities are often leaked and spoofed log-in credentials. A startup called SGNL has built a new approach that it believes is better at…
Category: Exclusive
AI, contract lifecycle management, Enterprise, Exclusive, Funding, Fundraising, Global IT News, Global Security News, legal tech, legaltech, SpotDraft, startup, Startups
SpotDraft taps AI to help streamline contract management
More and more legal professionals are embracing AI, surveys show. Per a recent poll from legaltech company Clio, 79% of firms used some form of AI for casework last year, up from just 19% in 2023. Despite some skepticism of the tech, in-house counsel has shown an interest, as well, with one survey suggesting that…
Cloud, cloud storage, Enterprise, Exclusive, Global IT News, Global Security News, India, Lucidity, WestBridge Capital
Lucidity snags $21M to help enterprises optimize their cloud storage
Lucidity, an Indian startup allowing enterprises to automate expansion and shrinking of their cloud storage, has raised $21 million in a Series A round. © 2024 TechCrunch. All rights reserved. For personal use only.
Climate, droneseed, ecosystems, Exclusive, Forestry, Fundraising, Global IT News, Global Security News, mast reforestation, Pulse Fund, reforestation, reforesting, Social Capital Holdings, wildfires
Mast Reforestation hatched a plan to restore wildfire-ravaged forests. Investors took notice.
Mast enables reforestation without landowners needing to wait decades to harvest timber or claim carbon credits. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, AI agents, Artificial Intelligence, Enterprise, Exclusive, Global IT News, Global Security News, norwest venture partners, storm ventures, Talkdesk, TC
Pinkfish helps enterprises build AI agents through natural language processing
As the chief product officer for AI customer service startup TalkDesk, Charayna “CK” Kannan said that enterprises often say they want to automate different workflows but that it’s really hard to implement AI. Enterprises are dealing with clunky, legacy software, that often doesn’t have APIs, creating a daunting task their IT departments weren’t prioritizing. “Every…
AI, customer, customer value, Exclusive, Funding, Fundraising, Global IT News, Global Security News, startup, Startups, voyantis
Voyantis aims to help companies figure out their customers’ worth
How much is a customer worth to a company? That’s the eternal question. To arrive at an answer, customer and sales teams are often forced to use spreadsheets and other manual data analysis methods. The problem is, these methods tend to be slow and error-prone, leading to gaps in reporting processes. The challenge spurred two…
Bond, comulate, Enterprise, Exclusive, Fintech, Fundraising, Global IT News, Global Security News, insurance, Insuretech, TC, Workday
Insurance co’s stand to lose billions from disasters like the LA fires; Comulate raises $20M to build tech to help them work more smoothly
Unimaginable disasters like the fires in Los Angeles with their hundreds of billions of dollars in destruction put a huge focus on the role the insurance industry plays in the process of rebuilding. Those events will also lead to major financial losses at the insurance companies themselves. And longer term, all of this will put…
AI, Artificial Intelligence, Dealroom, Exclusive, foundational models, France AI Action Summit, Fundraising, GenAI, generative ai, Global IT News, Global Security News, openai, Venture
AI investments surged 62% to $110 billion in 2024 while startup funding overall declined 12%, says Dealroom
Venture capitalists are gobbling up term sheets for startups peddling artificial intelligence, even as they remain picky when it comes to funding the wider spectrum of technology. According to new figures from analytics firm Dealroom, AI startups raised $110 billion in funding last year, up 62% on the year before. At the same time, privately-backed…
Africa, Exclusive, Fintech, freelancers, Global Security News, payments, QED Investors, raenest, Startups
QED leads $11M investment in Nigerian fintech Raenest
As Africa’s tech ecosystem booms, more local talent is landing remote jobs with Big Tech firms and global startups. But getting paid remains a challenge for many of these freelancers and remote workers. They struggle to open accounts that accept US dollars, with foreign employers using incompatible payment platforms, and face slow invoicing and payment…
cap table management, Carta, Exclusive, Global IT News, Global Security News, Startups, venture capital
Carta settles two more lawsuits that alleged sexual harassment and discrimination
Carta, which previously faced scrutiny over its workplace environment, has settled two lawsuits filed by women who used to work there. © 2024 TechCrunch. All rights reserved. For personal use only.
autonomous vehicles, Exclusive, Global IT News, Global Security News, Lyft, Marubeni, Mobileye, robotaxi, Transportation
Lyft to launch Mobileye-powered robotaxis ‘as soon as 2026,’ starting with Dallas
Ride-hail giant Lyft plans to bring fully autonomous robotaxis, powered by Mobileye, to its app “as soon as 2026” in Dallas, with more markets to follow, TechCrunch has exclusively learned. The news comes a day before Lyft shares its fourth-quarter and full-year 2024 earnings report, and it coincides with Waymo’s preparations to launch a commercial…
Artificial Intelligence (AI), Exclusive, Global IT News, Global Security News, self inspection, Transportation
Self Inspection raises $3M for its AI-powered vehicle inspections
A number of startups are racing to make vehicle inspections faster, easier, and cheaper. Self Inspection, a startup based in San Diego, thinks it has them all beat with its AI-powered service — and now it has convinced outside investors. Self Inspection, founded in 2021, is set to announce Thursday it’s raised $3 million in…
AI, ai apps, Exclusive, Global IT News, Global Security News, prompt engineering, promptlayer, Startups
PromptLayer is building tools to put non-techies in the driver’s seat of AI app development
The GenAI boom of the last few years has unleashed a wave of startups promising to support the process of prompt engineering — i.e., coming up with instructions to precisely steer an AI chatbot to serve useful output. So think tools like OpenAI’s ChatGPT and Google’s Gemini, which present the user with a blank field…
Enterprise, Exclusive, Global IT News, Global Security News, India, Layoffs, Sprinklr
Sprinklr cuts 500 employees, citing underwhelming business performance
Sprinklr has cut 15% of its workforce — around 500 employees — due to business performance not meeting expectations. © 2024 TechCrunch. All rights reserved. For personal use only.
DEI, discrimination, Exclusive, Facebook, Global IT News, Global Security News, kelly stonelake, lawsuit, Meta, Social
Early Meta employee sues for sexual harassment, gender discrimination
One of Meta’s earliest employees is suing the company for sexual harassment, sex discrimination, and retaliation, according to a lawsuit filed this week in the state of Washington. Kelly Stonelake, who spent 15 years at the company and rose to the rank of director, alleges in the lawsuit she faced a cycle of gender-based discrimination…
AI, Enterprise, Exclusive, Global IT News, Global Security News, India, Intel, Intel Capital, Peak XV Partners, Startups, TrueFoundry
Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale
TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital. © 2024 TechCrunch. All rights reserved. For personal use only.
Climate, Congruent Ventures, EV charging, Exclusive, Fundraising, Global IT News, Global Security News, platforms, Presto Charging, Transportation, Union Square Ventures
Presto is building Stripe for EV charging
Presto is helping connect fleets and charging networks so drivers can find working chargers quickly. © 2024 TechCrunch. All rights reserved. For personal use only.
accounting, bankruptcies, bench, Emerging Tech, Exclusive, Global Security News, Startups
Bench burned through $135 million before shutting down
A clearer picture of Bench’s downfall is emerging thanks to new bankruptcy filings, which show the accounting startup burned $135 million before collapsing. © 2024 TechCrunch. All rights reserved. For personal use only.
apparel, biomaterials, Crypto, Exclusive, Extantia Capital, Fundraising, Global IT News, Global Security News, materials, materials science, Modern Synthesis
Modern Synthesis is making compostable materials that last a lifetime
Modern Synthesis’s fibers can be manipulated in ways that simple plant fibers cannot. © 2024 TechCrunch. All rights reserved. For personal use only.
corporate venture capital, Exclusive, Fundraising, Global IT News, Global Security News, Hitachi Ventures, Venture, venture capital
Hitachi Ventures raises $400M fund to invest in everything from fusion to AI
The size of the new fund is a vote of confidence in a range of deep tech verticals. © 2024 TechCrunch. All rights reserved. For personal use only.
AE Industrial, Cybersecurity, Exclusive, Global IT News, Global Security News, government spyware, hacking, Meta, paragon, Paragon Solutions, Security, surveillance, WhatsApp
Spyware maker Paragon confirms U.S. government is a customer
Israeli spyware maker Paragon Solutions confirmed to TechCrunch that it sells its products to the U.S. government and other unspecified allied countries. Paragon’s executive chairman John Fleming said in a statement to TechCrunch on Tuesday that, “Paragon licenses its technology to a select group of global democracies — principally, the United States and its allies.”…
aviation, carbon capture, Circularity Fuels, Climate, DCVC, e-fuels, Exclusive, Global IT News, Global Security News, sustainable aviation fuel, Transportation
E-fuels startup will make diamonds before powering jet planes
Circularity’s process uses 40% less energy than competing CO2-to-fuel pathways. © 2024 TechCrunch. All rights reserved. For personal use only.
Apps, comic books, comics, dstlry, Exclusive, Global IT News, Global Security News, Media & Entertainment
DSTLRY, the comic books marketplace, launches new customization features for artists
DSTLRY, a venture-backed digital comic books marketplace, on Tuesday added a pair of features designed to bring customization to the platform. The first feature, dubbed Commissioned Digital Remarques, allows creators to add personalized sketches and signatures to digital comics. The second, Unlimited Digital Covers, expands platform-wide access to alternative comic book covers. Commissioned Digital Remarques…
AI, AI agents, Apps, Exclusive, Global IT News, Global Security News, logicstar, Startups
LogicStar is building AI agents for app maintenance
Swiss startup LogicStar is bent on joining the AI agent game. The summer 2024-founded startup has bagged $3 million in pre-seed funding to bring tools to the developer market that can do autonomous maintenance of software applications, rather than the more typical AI agent use-case of code co-development. LogicStar CEO and co-founder Boris Paskalev suggests…
Exclusive, Global IT News, Global Security News, observable space, OurSky, planewave instruments, Space, telescopes
Two space startups have merged to create the next generation of telescopes
On a clear spring evening in Michigan, the stars aligned — just not in the way Upfront Ventures partner Nick Kim expected. He’d just led a $9.5 million seed round for OurSky, a software platform for space observational data, and was eager to see what its telescope partner PlaneWave Instruments could do. But when they…
Commerce, Exclusive, Global IT News, Global Security News, saas startups, sotira, Startups
Sotira lands $2M to help brands offload and monetize their surplus inventory
An estimated 20% to 30% of all inventory in the U.S. is surplus, with much of it ending up in landfills. A startup called Sotira wants to help address this problem: It leverages AI to help companies offload and monetize their surplus inventory. Sotira partners with brands to offload millions of pounds of surplus grocery,…
Africa, Exclusive, financial super app, Fintech, Global IT News, Global Security News, Khazna, Middle East, saudi
Egypt’s Khazna banks $16M for its financial super app and expansion into Saudi
A large portion of Egypt’s population lacks access to traditional banking, forcing many to rely on cash transactions and informal lending. Khazna, a fintech startup founded in 2019, is tackling this issue by offering financial services tailored for low- and middle-income workers. The company provides solutions like salary advances, digital payments, and microloans to help…
Accel, AI, Exclusive, Global IT News, Global Security News, India, presentation, Presentations.ai
Accel backs Indian AI startup building ‘ChatGPT for presentations’
Presentations.ai has raised $3 million in a seed round led by Accel to scale its AI-powered software for generating presentations. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Anthropic, copyright, dario amodei, Exclusive, Global IT News, Global Security News, openai
Anthropic CEO Dario Amodei is trying to duck a deposition in an OpenAI copyright lawsuit
Anthropic CEO Dario Amodei is trying to avoid being deposed in a copyright lawsuit against OpenAI, according to new court filings. In response, lawyers for the plaintiff — the Authors Guild — have filed a motion to compel testimony from Amodei and his Anthropic co-founder, Benjamin Mann. Authors Guild’s lawyers claim that Amodei and Mann,…
Cybersecurity, data exposure, Exclusive, Global IT News, Global Security News, location data, Security
AngelSense exposed location data and personal information of tracked users
The exposed database was connected to the internet without a password, exposing GPS coordinates, names, phone numbers, and postal addresses. © 2024 TechCrunch. All rights reserved. For personal use only.
Addition, AI, Enterprise, Exclusive, Global IT News, Global Security News, India, IT services provider, managed services providers, march capital, SuperOps, Z47
SuperOps bags $25M to use AI to better help managed service providers
SuperOps has raised $25 million in an all-equity Series C round led by March Capital to bolster AI integration into tools supporting managed service providers and IT teams. © 2024 TechCrunch. All rights reserved. For personal use only.
battery storage, Climate, Exclusive, Fundraising, Global IT News, Global Security News, Niko, QED Investors, Solar Power
Solar startup Niko is building Mexico’s first virtual power plant
After more than a year of helping solar installers sell, plan, and finance panels for residential and small commercial building owners, Niko found another opportunity. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Climate, Enterprise, enterprise tech, Exclusive, Fundraising, Global IT News, Global Security News, startup fundraising, Startups, TC, venture capital
Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools
Martin Fengler knows a lot about the weather. Fengler got his Ph.D. in mathematics, focused on numerical weather prediction, before working for Meteomedia AG, a network of weather stations in Switzerland and Germany. But while he knew a lot about weather forecasting from the prediction side, he realized the gaps that remained on the consumption…
Exclusive, Fintech, fintech infrastructure, Formance, Global IT News, Global Security News, Startups
Formance raises $21M to build the AWS for fintech infrastructure
If you talk to a fintech entrepreneur about their business, chances are they’ll end up talking about ledger issues at some point. A ledger is a record of money movements that serves as the source of truth for financial assets, but when a company starts having multiple bank accounts, payment processors and funds spread across…
Apps, Bluesky, Exclusive, fediverse, Funding, Fundraising, Global IT News, Global Security News, Mastodon, nostr, open social, openvibe, Social, Threads
Automattic and others back Openvibe, an app that’s unifying the open social web
Openvibe’s clever app that integrates multiple open social networks including Bluesky, Mastodon, Nostr, and Threads, just got a boost toward its future development. The company on Tuesday announced that it has received outside investment of $800,000 in a round led by Czech Founders VC, which includes backing from WordPress.com and Tumblr parent company, Automattic, as…
cameras, Exclusive, fall detection, Funding, Fundraising, Global IT News, Global Security News, Healthtech, SafelyYou, senior care, sensors, Startups
This founder was worried about his mother slipping — so he created sensors to detect falls
Falls are common for older people living semi-independently. According to the CDC, they’re the leading cause of injury for adults aged 65 and up. On average, about 10% of these falls are serious, requiring medical attention. Yet many fall victims don’t get the treatment they need. George Netscher, a software developer by training, watched his…
AI, Atomicwork, Enterprise, Exclusive, Global IT News, Global Security News, India, Peak XV Partners, Z47
Atomicwork gets backing from Khosla for its AI alternative to old-school IT software like ServiceNow
Atomicwork has raised $25 million in a Series A round co-led by Khosla Ventures and Z47 to expand its AI agentic platform for enterprises. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, deepseek, deepseek-r1, Exclusive, foundational model, Global IT News, Global Security News, Pat Gelsinger
Former Intel CEO Pat Gelsinger is already using DeepSeek instead of OpenAI at his startup, Gloo
The tech industry’s reaction to AI model DeepSeek R1 has been wild. Pat Gelsinger, for instance, is elated and thinks it will make AI better for everyone. © 2024 TechCrunch. All rights reserved. For personal use only.
Cybersecurity, Exclusive, Exploits, fundraises, Global Security News, Israel, Notable Capital, Startups
Hackers are targeting machine identities. Token Security just raised $20M to stop them
The number of machine identities is booming thanks to the growth of cloud and AI – and it’s posing real security problems by giving hackers way more entry points than ever before. For example, a 2023 hack of authentication app Okta was caused by exploiting a service account while in 2024, Microsoft disclosed a major…
aviation, Climate, defense technology, e-fuels, Exclusive, Global IT News, Global Security News, Lydian Labs, pilot project
Lydian Labs can make aviation fuel wherever there’s CO2 and electricity
Replacing inexpensive fossil fuels is a tall hurdle, but Lydian thinks it has cracked the problem. © 2024 TechCrunch. All rights reserved. For personal use only.
Angellist, Carta, Exclusive, failures, Global IT News, Global Security News, SimpleClosure, Startups
2025 will likely be another brutal year of failed startups, data suggests
More startups shut down in 2024 than the year prior and a high volume of startup failures will continue, data from multiple sources. © 2024 TechCrunch. All rights reserved. For personal use only.
cyberattack, Cybersecurity, data breach, Exclusive, Global IT News, Global Security News, Ransomware, Security, UnitedHealth
UnitedHealth confirms 190 million Americans affected by Change Healthcare data breach
The number of individuals confirmed to be affected by the data breach is almost double the company’s previous estimate. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, short video, Social, X
X expands its vertical video feed to global users
X has started expanding its dedicated vertical video feed to users outside the U.S., TechCrunch has exclusively learned and confirmed with the company. © 2024 TechCrunch. All rights reserved. For personal use only.
Cybersecurity, Exclusive, Global IT News, Global Security News, hacking, infosec, Security, Transportation, Waymo
Hidden Waymo feature let researcher customize robotaxi’s display
Security researcher Jane Wong found a hidden feature that let her change the top display of a Waymo robotaxi. © 2024 TechCrunch. All rights reserved. For personal use only.
api, App, Dev, Exclusive, Fintech, Funding, Fundraising, Global IT News, Global Security News, method, startup, Startups
Method is helping fintech companies like SoFi build repayment functionality into their apps
It can be challenging for developers of fintech apps to integrate repayment, balance transfer, and bill pay functionality. Devs often have to deal with a patchwork of brittle screen-scraping APIs to extract data from users’ financial institutions — or worse, tools to process mounds of physical checks and paperwork. Three friends and entrepreneurs — Jose…
Enterprise, Exclusive, freight, freight tracking, Funding, Fundraising, Global Security News, logistics, shipments, startup, Startups, supply chain, Tive, tracking
Tive’s tools help companies track the status of their shipments in real time
The global supply chain is under strain, and one of the reasons is a lack of visibility into how shipments are being transported around the world. According to one recent survey, nearly half of the organizations polled reported having little-to-no visibility into their upstream supply chains. In search of a remedy, Krenar Komoni, who’d for…
AI, donations, Exclusive, Funding, fundraise up, Fundraising, Global IT News, Global Security News, nonprofit, startup, Startups
Fundraise Up claims its AI can boost nonprofit donations
Many nonprofits are stuck with outdated, expensive, and limited tech that hinders their ability to fund their mission or cause. While most consider adopting tech to be a priority, they’re faced with a number of blockers, including siloed data and issues with integration. Peter Byrnes, the co-founder of Fundraise Up, a Brooklyn-based fundraising platform for…
Africa, contactless payments, Exclusive, Fintech, Global IT News, Global Security News, investment, moniepoint, visa
African fintech Moniepoint gets Visa backing, plans to work on contactless payments
Visa has joined African fintech Moniepoint as a new investor. The business banking and payments platform confirmed to TechCrunch that it received a “strategic investment” from the global payments giant as both companies look to drive financial inclusion and support the growth of small and medium-sized enterprises (SMEs) across Africa. Sources close to the deal…
a16z, Exclusive, Global IT News, Global Security News, PropTech, Real estate, Startups
Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale
The $1 billion acquisition of rent-to-own startup Divvy Homes, which was announced Wednesday, is expected to leave some shareholders without a payout, according to sources familiar with the deal. The terms — and Divvy’s journey from buzzy startup to acquisition target — reflects the rollercoaster ride the proptech industry has endured over the past decade.…
Angellist, CoinList, Crypto, Exclusive, Global IT News, Global Security News
AngelList, CoinList partner to help crypto startups raise and manage funds
Crypto is making such a big comeback that AngelList and CoinList are launching a way to help raise capital for crypto-specific founders using crypto coins. They are teaming up to launch Crypto special purpose vehicles (SPVs) and Crypto roll-up vehicles (RUVs), the companies shared with TechCrunch exclusively on Wednesday. The partnership, they said, will give…
Exclusive, Fintech, Global IT News, Global Security News, Ramp, Startups
Ramp encroaches into digital bank territory with new treasury product
Over the years, Ramp has built a name for itself in the corporate card and expense management space. It’s branched out into travel, bill pay, and more, while raising over $1.2 billion in venture funding. Today, the six-year-old fintech startup is announcing a different kind of expansion — one that takes it into more of…
AI, AI startups, AI Tools, Enterprise, Enterprise AI, Exclusive, Global IT News, Global Security News, Startups, VC, venture capital
Sales knowledge automation platform 1up gets a third of its customer leads from memes
When George Avetisov was the founder and CEO of cybersecurity startup HYPR, he spent a lot of time in the trenches with the company’s sales team. He quickly realized that regardless of how good his sales team was, they were consistently pulling in other departments to answer customer questions or fill out technical questionnaires. “They…
Apps, Exclusive, Global IT News, Global Security News, iOS, iPhone, Truecaller
Truecaller brings real-time caller ID to iPhone users
Truecaller for iOS has been updated with live caller ID support for its premium iPhone users. © 2024 TechCrunch. All rights reserved. For personal use only.
Amperesand, Climate, data centers, electrical grid, electricity, Enterprise, EV charging, Exclusive, Global IT News, Global Security News, Solid State, Transportation
Amperesand targets data centers as the next big customer for its solid-state transformers
Amperesand’s technology replaces the iron cores that define old transformers with silicon carbide. © 2024 TechCrunch. All rights reserved. For personal use only.
doge, Elon Musk, Exclusive, Global IT News, Global Security News, Mark Zuckerberg, Startups, Trump
Startup founders flooded inauguration parties hopeful for dealmaking
All throughout America’s capital, founders enjoyed the fruits of their industry’s political jockeying. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, Joe Lonsdale, Kevin Hartz, mach industries, Palantir, PayPal, Peter Thiel, Venture, xoom
From recruiting for Palantir to landing a plane on Highway 85: meet defense tech’s wildest power broker
Peter Conway has recruited for some of the buzziest defense and hard tech firms in Silicon Valley over the last decade, like Palantir and Mach Industries. © 2024 TechCrunch. All rights reserved. For personal use only.
antitrust, ChatGPT, Exclusive, Global IT News, Global Security News, Google, Government & Policy, openai, sam altman
ChatGPT’s head of product will testify in the US government’s case against Google
The U.S. government has picked Nick Turley, ChatGPT’s head of product, to testify in its antitrust case against Google. © 2024 TechCrunch. All rights reserved. For personal use only.
cyberattack, Cybersecurity, data breach, education, Exclusive, Global IT News, Global Security News, powerschool, Security, TC
Malware stole internal PowerSchool passwords from engineer’s hacked computer
The theft of a PowerSchool engineer’s passwords prior to the breach raises further doubts about the company’s security practices. © 2024 TechCrunch. All rights reserved. For personal use only.
accounting, bankruptcies, bench, Exclusive, Global IT News, Global Security News, Startups, venture capital
Failed fintech startup Bench racked up over $65 million in debt, documents reveal
Canadian Fintech Bench had over $65 million in debt but less than $3 million in cash, documents reveal. © 2024 TechCrunch. All rights reserved. For personal use only.
carbon credits, Climate, Exclusive, Global IT News, Global Security News, Google, Varaha
Google strikes world’s largest biochar carbon removal deal with Indian startup Varaha
Google has agreed to purchase 100,000 tons of carbon dioxide removal credits from Indian startup Varaha. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, boox, bytedance, e-readers, Exclusive, Global IT News, Global Security News
TikTok owner ByteDance powered an e-reader’s unhinged AI assistant
The AI embedded in a popular e-reader was spouting Chinese propaganda. © 2024 TechCrunch. All rights reserved. For personal use only.
electric vehicles, EVs, Exclusive, Global IT News, Global Security News, Tesla, Transportation
Tesla to split $100M award for electric truck charging corridor in Illinois
Tesla, along with three other industry partners, quietly backed an Illinois Environmental Protection Agency application that won $100 million in funding to build electric truck charging stations across the state, TechCrunch has learned. The award was the biggest given out by the Biden Administration’s Federal Highway Administration last week in the second round of what’s…
Apps, Bluesky, Exclusive, Global IT News, Global Security News, Instagram, iOS apps, photo sharing, Social, social media, Social networks
Bluesky is getting its own photo-sharing app, Flashes
More good news for those looking to exit Meta’s social app ecosystem in favor of a more open alternative: An independent developer is building a photo-sharing app for Bluesky called Flashes. The soon-to-launch app is powered by the same technology that underpins Bluesky, the AT Protocol, and has been built using code from the developer’s…
Cybersecurity, data breach, Exclusive, extortion, Global IT News, Global Security News, powerschool, Security
PowerSchool data breach victims say hackers stole ‘all’ historical student and teacher data
A trove of information on current and former students and teachers was accessed during the December cyberattack, sources say © 2024 TechCrunch. All rights reserved. For personal use only.
Cybersecurity, data breach, Exclusive, Global IT News, Global Security News, HIPAA, Security, UnitedHealth Group, UnitedHealthcare
UnitedHealth hid its Change Healthcare data breach notice for months
The ransomware attack on Change Healthcare affected over 100 million Americans, the health giant told regulators. © 2024 TechCrunch. All rights reserved. For personal use only.
Europe, Exclusive, Fintech, Fundraising, Global Security News, medical practice, Nelly, SaaS, Startups
Nelly raises $51 million to digitalize medical practices across Europe
Nelly wants to become the biggest fintech startup in the healthcare industry. The Berlin-based startup is already working with more than 1,200 medical practices in a handful of European countries. But there are thousands more that could benefit from an upgrade for their administrative workflows. That’s why Nelly recently raised €50 million in funding (around…
Accel, Exclusive, Global IT News, Global Security News, India, Sarla Aviation, Transportation
Accel doubles down on Sarla Aviation’s ambition to develop electric air taxis in India
Accel has backed Indian startup Sarla Aviation for its aim to develop flying taxis for mass mobility in the country. © 2024 TechCrunch. All rights reserved. For personal use only.
electric vehicles, EVs, Exclusive, Global IT News, Global Security News, Harbinger, Transportation
EV startup Harbinger’s obsession with simplicity fuels $100M Series B
It’s not an easy time to raise money for an electric vehicle startup, especially given how many have failed or are close to failing. But Los Angeles-based Harbinger has pulled it off by taking an hyper-focused approach to electrifying commercial trucking. The reward is a $100 million Series B, co-led by early Tesla investor Capricorn…
Barcelona, Cybersecurity, Defense Prime, Epsilon, Exclusive, Global IT News, Global Security News, Hackers, Head and Tail, Palm Beach Networks, Security, Spyware, Startups, variston, zero days
How Barcelona became an unlikely hub for spyware startups
Barcelona’s mix of affordable cost of living and quality of life has helped create a vibrant startup community — and become a hotbed for the creation of surveillance technologies. © 2024 TechCrunch. All rights reserved. For personal use only.
a16z, AI, design, Exclusive, Fashion, Global IT News, Global Security News, greycroft, Startups
Raspberry AI raises $24M from a16z to accelerate fashion design
The world of fashion is moving at a faster pace each year. Most retailers introduce new styles each season, and fast-fashion companies like Shein, H&M and Zara update their collections continuously. To keep pace with the rapid demand for new styles, brands and manufacturers have been turning to tech to accelerate their design process. Raspberry…
electric trucks, electric vehicles, EVs, Exclusive, Global IT News, Global Security News, Tesla, Transportation
Biden admin snubs Tesla’s $100 million big-rig charging funding request — again
The Department of Transportation announced Friday another $636 million in funding that will be awarded to 49 applicants for electric vehicle charging infrastructure — and Tesla’s application for nearly $100 million to fund a big rig charging corridor was once again passed over. Tesla’s name was not among the list of recipients released, and its partner…
bench, Employer.com, Exclusive, Fintech, Global IT News, Global Security News, Startups
Bench customers are now being forced to hand over their data or risk losing it, they say
After accounting startup Bench abruptly shut down on December 27 and was bought in a fire-sale by Employer.com, Bench customers are now learning they can’t easily just take their financial data and leave. And some are very unhappy about it, three customers told TechCrunch. To recap: When Bench, a startup based in Canada that raised…
AI, Exclusive, Global IT News, Global Security News, GPTBot, openai, website crawler
How OpenAI’s bot crushed this seven-person company’s web site ‘like a DDoS attack’
OpenAI was sending “tens of thousands” of server requests trying to download Triplegangers’ entire site which hosts hundreds of thousands of photos. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Apps, Automation, Enterprise, Exclusive, Funding, Fundraising, Global IT News, Global Security News, gumloop, startup, Startups, workflow, workflow automation
Gumloop, founded in a bedroom in Vancouver, lets users automate tasks with drag-and-drop modules
Developers Max Brodeur-Urbas and Rahul Behal think that AI has the potential to automate lots of business-relevant tasks, but that many of the AI-powered automation tools on the market today are unreliable and costly. Part of the problem is that users expect too much of AI, Brodeur-Urbas told TechCrunch — for instance, they assume that…
AI, Exclusive, Global IT News, Global Security News, lawsuits, Scale AI, Startups
Scale AI hit by its second employee wage lawsuit in less than a month
Scale AI just got hit by another lawsuit alleging widespread wage violations and misclassification of its workers. © 2024 TechCrunch. All rights reserved. For personal use only.
Cybersecurity, data breach, Exclusive, Global IT News, Global Security News, powerschool, Security
PowerSchool says hackers stole students’ sensitive data, including Social Security numbers, in data breach
In an FAQ obtained by TechCrunch, PowerSchool confirms it negotiated with the threat actors responsible for the breach. © 2024 TechCrunch. All rights reserved. For personal use only.
b capital group, Biotech & Health, Exclusive, Fundraising, Global IT News, Global Security News, Innovaccer, Kaiser Permanente, M12, Startups
Innovaccer aims to become healthcare’s AI powerhouse with $275M Series F
Innovaccer has raised a $275M Series F from investors including B Capital Group, Banner Health, Danaher Ventures, Generation IM, Kaiser Permanente, and M12. © 2024 TechCrunch. All rights reserved. For personal use only.
biomanufacturing, biosphere, Biotech & Health, biotechnology, Climate, electrification, Exclusive, Fundraising, Global IT News, Global Security News, Lowercarbon Capital, VXI Capital
Biosphere zaps germs with UV light to make biomanufacturing cheaper
Using LEDs has the potential to bring down the cost of biomanufacturing, allowing such processes to make materials that previously would have been too expensive. © 2024 TechCrunch. All rights reserved. For personal use only.
Artificial Intelligence (AI), Climate, electrical grid, Exclusive, Fundraising, Global IT News, Global Security News, Gridware, Power Lines, Sequoia Partners
Gridware’s boxes literally listen to power lines to find outages
Gridware’s sensors listen for sounds that the company’s software has been trained to identify as different hazards to the grid. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, India, Indian government, Security
Indian government websites are still redirecting users to scam sites
Some Indian government websites are still redirecting to links planted by scammers. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, ces 2025, Exclusive, Global IT News, Global Security News, Hardware, nvidia
Nvidia CEO says his AI chips are improving faster than Moore’s Law
Nvidia CEO Jensen Huang says the performance of his company’s AI chips is advancing faster than historical rates set by Moore’s Law, the rubric that drove computing progress for decades. “Our systems are progressing way faster than Moore’s Law,” said Huang in an interview with TechCrunch on Tuesday, the morning after he delivered a keynote…
Exclusive, Global IT News, Global Security News, India, ruchi sanghvi, South Park Commons, South Park Commons India, Venture
South Park Commons is raising $40M for an India-specific fund
South Park Commons is raising $40 million for its India-specific fund over six months after announcing its outpost in Bengaluru. © 2024 TechCrunch. All rights reserved. For personal use only.
Alta Resource Technologies, biotech, Climate, critical minerals, DCVC, Exclusive, Global IT News, Global Security News, Hardware, rare earth minerals, Voyager Ventures
Alta Resource breaks down e-waste for rare earth metals that electronics need
Nvidia, Apple, and the Pentagon want more rare earth metals. Alta says it can capture more of the critical minerals from low-grade sources than other methods. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, Joe Lonsdale, Kevin Hartz, mach industries, Palantir, PayPal, Peter Thiel, Venture, xoom
From forced landings to stuffed animal heads, headhunter Peterson Conway is defense tech’s wildest power broker
Conway has recruited for some of the buzziest defense and hard tech firms in Silicon Valley over the last decade, like Palantir and Mach Industries. © 2024 TechCrunch. All rights reserved. For personal use only.
accounting, AI, bain capital ventures, bench, Exclusive, Fintech, Global IT News, Global Security News, Shopify, Startups
Inside the wild fall and last-minute revival of Bench, the VC-backed accounting startup that imploded over the holidays
Friday, December 27, was supposed to be the start of a relaxing holiday weekend. But it was chaos for thousands of small business owners who use Bench, an accounting and tax startup based in Canada that raised $113 million from investors like Bain Capital Ventures and Shopify. That morning, they found themselves unable to log…
AI, Exclusive, Funding, Fundraising, generative ai, Global IT News, Global Security News, pitchbook, Startups, trends, VC, Venture
Generative AI funding reached new heights in 2024
If there was any doubt, the generative AI bubble didn’t burst in 2024. Investments in generative AI, which encompasses a range of AI-powered apps, tools, and services to generate text, images, videos, speech, music, and more, reached new heights last year. According to data from financial tracker PitchBook compiled for TechCrunch, generative AI companies worldwide…
Climate, electra, Exclusive, Fundraising, Global IT News, Global Security News, scoop, steel
Electra found a cheap, clean way to purify iron, and it’s raising $257M to make it happen
Electra has raised $76.3 million to clean up the dirty ironmaking industry, TechCrunch has learned. The startup has developed a novel method of using electricity to coax pure iron out of low-grade ores, opening the door to cleaner steel. The new funding round, which was disclosed in a regulatory filing, seeks to raise a total…
Cybersecurity, data exposure, Exclusive, gift cards, Global IT News, Global Security News, know your customer, Security
Online gift card store exposed hundreds of thousands of people’s identity documents
The gift card store secured the public cloud storage server containing customer ID documents, which was not protected with a password. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, Global IT News, Global Security News, Peter Thiel, Startups, Tacora Capital, Venture, venture capital, venture debt
Peter Thiel-backed venture debt firm Tacora raises $268.7M for new fund
Tacora Capital has raised its second fund, after Peter Thiel backed its first fund with $250 million. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, AI training, content creators, copyright, Exclusive, generative ai, Global IT News, Global Security News, ip, Media & Entertainment, media manager, openai, opt-out
OpenAI failed to deliver the opt-out tool it promised by 2025
Back in May, OpenAI said it was developing a tool to let creators specify how they want their works to be included in — or excluded from — its AI training data. But 7 months later, this feature has yet to see the light of day. Called Media Manager, the tool would “identify copyrighted text,…
bench, Employer.com, Exclusive, Global IT News, Global Security News, hr, HR tech, Startups
Bench to be acquired after abruptly shutting down
Bench, the VC-backed accounting startup that left thousands of customers locked out of their accounts after it suddenly shut down last week, will be acquired by Employer.com for an undisclosed price in a last-minute deal, TechCrunch has exclusively learned. The San Francisco-based HR tech company Employer.com focuses on payroll and onboarding, in contrast to Bench,…
calo, Exclusive, food delivery, Fundraising, Global IT News, Global Security News, meal delivery, Startups
Calo raises $25 million to expand its ready-to-eat meal service beyond the Middle East
A business built around increasingly customized ready-to-eat meals has netted Middle Eastern startup Calo a sizeable funding injection as it looks to expand both what it can offer its time-strapped customers and where it delivers its growing range of just-heat-to-eat dishes. The meal delivery market in the Middle East will hit $11.2 billion by 2030,…
AI, Anthropic, Claude, Exclusive, Global IT News, Global Security News, Google
Google is using Anthropic’s Claude to improve its Gemini AI
Contractors working on Google Gemini are comparing its responses to Claude’s, according to internal correspondence seen by TechCrunch. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, Balderton Capital, Dealroom, Europe, Exclusive, Global Security News, Startups
AI startups attracted 25% of Europe’s VC funding
Venture funding into Europe is heading for a flat year, but this may obfuscate the fact that European AI startups are thriving. According to VC firm Balderton Capital and Dealroom, 25% of VC funding into the region — approximately $13.7 billion — went to AI startups this year, compared to 15% four years ago, resulting…
Apps, Exclusive, Global IT News, Global Security News, Instagram, Meta, Social
Instagram tests a way to show you Story Highlights you didn’t get a chance to see
Instagram is testing a way for you to see content from friends that you might have missed. The social network has started displaying unseen Story Highlights from a user’s mutual followers at the end of the Stories tray, which is the area at the top of your feed where you see Stories from your friends.…
Climate, Climate Capital, early stage investors, Exclusive, Global IT News, Global Security News, Juniper, synthetic biology, Venture
Juniper Ventures spins out of Climate Capital to invest in synthetic biology for the climate
The first Juniper fund is $10.6 million and is oversubscribed. © 2024 TechCrunch. All rights reserved. For personal use only.
Canoo, electric vehicles, EVs, Exclusive, Global IT News, Global Security News, Transportation
EV startup Canoo places remaining employees on a ‘mandatory unpaid break’
Struggling electric van startup Canoo has placed its remaining employees on what it’s calling a “mandatory unpaid break” through at least the end of the year, according to an email obtained by TechCrunch. The company told employees they are being locked out of Canoo’s systems at the end of the day Friday, according to the…
AI coding tools, Exclusive, Global IT News, Global Security News, Startups, Y Combinator
After causing outrage on the first day of Y Combinator, AI code editor PearAI lands $1M seed
On the first day of Y Combinator the founders of PearAI got “cancelled.” They used the hate to launch a new product, raise $1 million. © 2024 TechCrunch. All rights reserved. For personal use only.
Exclusive, femtech, Global IT News, Global Security News, SEC, Swizzle Fund, Venture, Women's Finance
Swizzle Fund raises $5M for inaugural fund addressing women’s health and wealth
There is a new venture fund in town. Swizzle Fund, founded by Jessica Kamada, former COO of the marketing agency Bamboo, has raised just a little more than $5 million for its Fund I, according to an SEC filing. There was no target raise amount. The firm, which quietly opened in 2023, is an early-stage…