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Fintech Ramp lands Eagles’ Saquon Barkley as investor and Super Bowl commercial star

February 6, 2025

Philadelphia Eagles’ star running back Saquon Barkley has not only become an investor in fintech startup Ramp, he is also the star of the company’s first Super Bowl commercial. Interestingly, it was Barkley who reached out to Ramp about investing, not the other way around as is so often the case with celebrity endorsements. Barkley…

Pendulum’s AI-driven platform helps enterprises better predict supply and demand

February 6, 2025

Supply chains have had a tumultuous few years, beginning in 2020, when COVID-19 upended legacy global supply chains. More recently, the “TikTok-ification” of retail has companies like Shein and Temu creating new products constantly as consumer demands change at the same rapid pace. Pendulum aims to help companies better plan for supply and demand in…

Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale

February 6, 2025

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.

First lab-grown meat treats go on sale in the UK — for dogs

February 6, 2025

Cultivated chicken doggie snacks have gone on sale at a U.K. pet food retailer, Pets at Home. The retailer also happens to be a major investor in Meatly, the startup producing the meat ingredient contained in dog food brand The Pack’s Chick Bites, as the slaughter-free, low carbon treats are billed. (Other ingredients in the…

Comstruct, a platform to digitize the construction industry, raises $13.5 million

February 6, 2025

When you think about platforms in the construction industry, chances are you’re thinking about concrete platforms designed to support steel beams and tall pillars. Munich-based startup Comstruct wants to design a different platform to digitize the construction industry — a software platform. And the startup is announcing a $12.5 million Series A round led by GV…

Bench burned through $135 million before shutting down

February 5, 2025

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.

A comprehensive list of 2024 and 2025 tech layoffs

February 5, 2025

Tickets on sale: TechCrunch All Stage 2025, formerly known as Early Stage

February 5, 2025

Founders and investors, it’s time! TechCrunch Early Stage has evolved into TechCrunch All Stage 2025, returning to Boston on July 17. Get your tickets now and save up to $310 on select ticket types, securing your spot at the best rates. Register here for your All Stage ticket at unbeatable prices. All Stage covers all…

AI’s biggest stage awaits – TechCrunch Sessions: AI tickets available

February 5, 2025

AI is heating up, and we’re diving in! TechCrunch Sessions: AI is officially open for registration. Secure your spot now and save up to $300 on select tickets before prices rise From startup founders to AI investors to aspiring innovators — TC Sessions: AI is where the entire AI ecosystem comes together. Whether you’re building,…

European AI startups have raised $8 billion in 2024

February 5, 2025

In just a few days, France will host the Artificial Intelligence Action Summit, with heads of state flocking to Paris to meet global tech leaders. They’ll most likely announce some big investments and diplomatic agreements focused on safety or the environmental impact of artificial intelligence. Ahead of the summit, early-stage VC firm Galion.exe, growth investment…

European AI startups raised $8 billion in 2024

February 5, 2025

A comprehensive list of 2024 and 2025 tech layoffs

February 4, 2025

Deel unloads $300M in secondary sale, brings General Catalyst on as an investor

February 4, 2025

Fintech-turned-HR outfit Deel is trying to lay the groundwork for an IPO. On Tuesday, it said its annual revenue run rate climbed to $800 million in 2024 after growing by 70%. The startup, which helps businesses globally hire, manage and pay employees remotely, also said it has sold $300 million in secondary shares to General…

How Max Altschuler accidentally founded a VC firm that just raised another $54M

February 4, 2025

LogicStar is building AI agents for app maintenance

February 4, 2025

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…

Sotira lands $2M to help brands offload and monetize their surplus inventory

February 4, 2025

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,…

Archive raises $30M to solve fashion’s pollution problem with online resales

February 4, 2025

The fashion industry has concerned Emily Gittins since adolescence. The sector is, after all, one of the most polluting in the world. According to some sources, it is responsible for nearly 10% of the earth’s CO2 emissions and more than 20% of all water waste. Yet people still want more, fast. “The way we consume…

Waabi and Volvo team up to build self-driving trucks at scale

February 4, 2025

Self-driving truck startup Waabi is partnering with Volvo Autonomous Solutions to jointly develop and deploy autonomous trucks, an important milestone as it gets closer to a commercial launch. The tie up also marks Volvo’s second partnership to co-develop self-driving big rigs with a startup partner. In May 2024, Volvo teamed up with Aurora Innovation to…

Neuralk-AI is developing AI models specifically designed for structured data

February 4, 2025

Tabular data is a broad term that encompasses structured data that generally fits into a specific row and column. It can be a SQL database, a spreadsheet, a .CSV file, etc. While there has been tremendous progress on artificial intelligence applied to unstructured and sequential data, these large language models are fuzzy by design. They…

Stripe brings aboard new head of ‘startup and VC partnerships’

February 3, 2025

Asya Bradley, a former fintech founder and investor, has joined payments giant Stripe as its new head of Startup & Venture Capital Partnerships. Bradley announced the news on February 2 in a post on LinkedIn, though her bio shows that she joined Stripe back in November. Neither Stripe nor Bradley were immediately available for comment. …

TechCrunch Disrupt 2025: Secure your ticket at this year’s lowest rates

February 3, 2025

Missed the 2-for-1 deal for TechCrunch Disrupt 2025? No problem! Super Early Bird prices are still available, with savings of up to $1,130 on individual tickets and up to 30% on group passes. These savings are only good until the end of this month. Celebrate 20 years of TechCrunch Disrupt from October 27-29 at Moscone…

Riot raises $30 million for its cybersecurity product suite focused on employees

February 3, 2025

French startup Riot has raised a $30 million Series B round after reaching $10 million in annual revenue in 2024. Originally focused on educating employees about cybersecurity risks, the company now wants to go one step further and nudge employees so that they minimize their attack surface. Left Lane Capital is leading today’s round with…

OpenAI unveils a new ChatGPT agent for ‘deep research’

February 2, 2025

OpenAI is announcing a new AI “agent” designed to help people conduct in-depth, complex research using ChatGPT, the company’s AI-powered chatbot platform. Appropriately enough, it’s called deep research. OpenAI said in a blog post published Sunday that these this new capability was designed for “people who do intensive knowledge work in areas like finance, science,…

Google’s X spins out Heritable Agriculture, a startup using AI to improve crop yield

February 2, 2025

Google’s X “moonshot factory” this week announced its latest graduate. Heritable Agriculture is a data- and machine learning-driven startup aiming to improve how crops are grown. As the firm noted in an announcement post published Tuesday, plants are incredibly efficient and impressive systems. “Plants are solar powered, carbon negative, self-assembling machines that feed on sunlight…

Here are all the IPOs reported to be in the works for 2025

February 1, 2025

Venture debt lenders will play a big role in fire sales and startup shutdown this year, experts say

February 1, 2025

When accounting startup Bench abruptly failed last month, the shutdown was forced when the company’s lenders called in the startup’s loan. In late 2023, the digital freight company Convoy faced financial challenges, leading venture lending firm Hercules Capital to assume control of the company to recover its investments. Divvy Homes, which sold for about $1…

Here are the apps battling to be become the ‘TikTok for Bluesky’

February 1, 2025

TikTok’s potential U.S. ban has sparked a flurry of development within the open social web community. Several new applications are being built that could one day serve as a TikTok replacement for those who favor the open source, decentralized social network Bluesky and the technology that powers it, the AT Protocol. Though the TikTok ban…

AI agents could birth the first one-person unicorn — but at what societal cost?

February 1, 2025

Thanks to the advent of cloud computing and distributed digital infrastructure, the one-person micro-enterprise is far from a novel concept. Cheap on-demand compute, remote collaboration, payment processing APIs, social media, and e-commerce marketplaces have all made it easier to “go it alone” as an entrepreneur. But what about scaling that one-person business into something meatier…

India pledges fresh billion for startups

February 1, 2025

India announced a new $1.15 billion Fund of Funds for startups on Saturday while unveiling sweeping regulatory reforms and an ambitious nuclear energy program, as New Delhi seeks to boost tech innovation and clean energy in the world’s fifth-largest economy. Finance Minister Nirmala Sitharaman, presenting the federal budget for 2025-26, said the fund builds on…

Custom feed builder Graze is building a business on Bluesky, and investors are paying attention

January 31, 2025

A startup called Graze, which lets you build your own feeds for the Bluesky social network, has caught investors’ attention. In addition to offering tools to easily build, customize, publish, and manage Bluesky feeds, Graze will soon allow feed creators to monetize their efforts with advertising, sponsored posts, and subscriptions. In other words, Graze has…

Backed by Mayo Clinic, Nutrix’s hardware monitors worker stress

January 31, 2025

Stress isn’t just bad for you — it’s also bad for your employer. Factoring in absenteeism, diminished productivity, turnover, medical costs, and accidents, the non-profit American Institute of Stress estimates that workplace stress costs U.S. businesses over $300 billion annually. One way to measure stress is by monitoring cortisol levels. Even influencers know this, with…

TechCrunch Disrupt 2025: Last 24 hours for 2-for-1 Pass

January 31, 2025

Final hours for 2-for-1 Passes! One of the best Super Early Bird Deals for TechCrunch Disrupt 2025 will be wrapping up in just 24 hours for the rest of the year. The 2-for-1 Pass lets you bring a friend, colleague, or business partner, for nearly free. Buy one pass at the Super Early Bird rate…

OpenAI said to be in talks to raise $40B at a $340B valuation

January 30, 2025

OpenAI may have billions of dollars in the bank. But it’s gearing up to raise billions more, according to a report from The Wall Street Journal. Per The WSJ, OpenAI is in talks to secure up to $40 billion in a funding round that would value the startup at $340 billion. SoftBank would lead the…

Controversial genetics testing startup Nucleus Genomics raises $14M Series A

January 30, 2025

Fintech startup Cushion shuts down after 8 years and over $20 million in funding

January 30, 2025

Cushion, a fintech startup that described itself as the “Plaid for buy now, pay later (BNPL),” has shut down. On Thursday, founder and CEO Paul Kesserwani posted on LinkedIn about the decision to wind down the company at the end of 2024. In the post, Kesserwani said that “despite bringing multiple new fintech products to…

Serial founder DIVINE launches creator app with hip hop legend Rakim

January 30, 2025

Serial entrepreneur and recording artist Victor Lombard, also known as DIVINE, announced this week the launch of a new company, in partnership with Rakim, one of hip-hop’s most influential emcees. The company is called Notes, a fintech specifically for independent urban musicians and creators. It provides the knowledge and tools to help artists manage their…

Microsoft signs massive carbon credit deal with reforestation startup Chestnut Carbon

January 30, 2025

Ex-Autodesk execs snag $46M to build the next gen of architecture design

January 30, 2025

Talk to many architects, and they’ll likely tell you that Autodesk’s software, including AutoCAD and Revit, has been indispensable to their work for decades. But despite their widespread use, Autodesk’s former co-CEO and chief product officer Amar Hanspal says that the architecture, engineering, and construction (AEC) industry is using 20th century tools to design 21st…

Little Umbrella’s next Jackbox-style game pits you and your friends against an AI game show host

January 30, 2025

Web-based party games are making a comeback, now with the infusion of generative AI. Among the startups joining the trend, the current forecast looks good for one startup, Little Umbrella, which leverages AI for its social party games. The company announced on Thursday its $2 million seed funding round. Little Umbrella plans to use the…

Data analytics startup Athenic AI wants to be an enterprise’s central nervous system

January 30, 2025

Jared Zhao originally got interested in data analytics during his time at UC Berkeley because he was drawn to how it could turn raw data into a story. Zhao founded his first data analytics startup Polyture in 2021. But advancements in generative AI just a year later made Zhao realize what Polyture was building was…

European embedded banking startup Swan adds another $44 million to its Series B

January 30, 2025

French startup Swan has raised another €42 million (around $44 million at current exchange rates). The company considers this round as the second part of the Series B round that was originally announced in September 2024. Swan helps other companies offer financial products at scale. The company can generate both virtual and physical cards that…

Climate change ignited LA’s wildfire risk. These startups want to extinguish it

January 29, 2025

Extreme weather conditions will be more common, according to the study, adding fresh urgency to a burgeoning group of climate adaptation startups. © 2024 TechCrunch. All rights reserved. For personal use only.

Health insurance startup Alan keeps growing at a rapid pace

January 29, 2025

With its 700,000 customers, Alan could be considered as a mature company. But the health insurance company that wants to become a digital companion for your health is still growing like a startup. On Wednesday, the company shared some financial metrics. The most impressive one is its top-line revenue. In 2024, the company generated €505…

This Bay Area startup is using AI to help families navigate long-term care planning

January 29, 2025

Lily Vittayaruksku was studying aerospace engineering when her aunt was diagnosed with terminal colon cancer. Her aunt had lived under the same roof as Vittayaruksku while she was growing up and helped raise her. “We went all in on her care,” she recalled. Post-chemotherapy, Vittayaruksku’s aunt “became very frail,” so her family – originally from…

TechCrunch Disrupt 2025: Only 3 days left for 2-for-1 Pass

January 29, 2025

Only 3 days remain to score the ultimate deal for TechCrunch Disrupt 2025 — two of the same ticket types for the price of one! Don’t wait to take advantage of these massive savings. This limited-time offer ends this Friday, January 31 at 11:59 p.m. PT — after that, these 2-for-1 Passes will be gone.…

Meteomatics eyes U.S. expansion for its enterprise-focused weather forecasting tools

January 29, 2025

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…

Formance raises $21M to build the AWS for fintech infrastructure

January 29, 2025

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…

Shared scooter startup Voi reports its first profitable year as it explores an IPO

January 29, 2025

Swedish shared micromobility giant Voi had its first profitable year in 2024, according to preliminary unaudited results the company shared exclusively with TechCrunch. Voi, which offers shared e-scooters and e-bikes across more than 100 markets in Europe, recorded €132.8 million ($138 million) in net revenue in 2024. On an adjusted basis, Voi earned €17.2 million…

Naboo secures $21M for its concierge-style corporate event booking platform

January 28, 2025

If you’ve ever tried to book a venue for a company event, you’ll know how onerous a task it can be. You have to contact multiple vendors, wait for quotes, evaluate them, see if you can get a good deal, and then get all that approved. So it makes sense that depending on the size…

This startup is selling for $1B, so why is its founder not proud of the outcome?

January 28, 2025

Welcome to TechCrunch Fintech! This week we’re looking at the story behind the sale of Divvy Homes, Ramp’s new product, some notable fundraising deals, and more! To get a roundup of TechCrunch’s biggest and most important fintech stories delivered to your inbox every Tuesday at 8:00 a.m. PT, subscribe here. The big story Last week,…

This founder was worried about his mother slipping — so he created sensors to detect falls

January 28, 2025

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…

Quibim raises $50M to develop AI models for medical imaging

January 28, 2025

Quibim, a Spanish startup that’s developing foundational AI models for medical imaging spanning oncology, immunology, neurology, and metabolic disorders, has raised $50 million in a Series A round of funding. The cash injection comes as AI makes ever deeper inroads into healthcare, spanning everything from drug discovery to clinical trials. Quibim, for its part, is…

Lucid Gravity SUV owners will gain access to Tesla Superchargers on Jan 31

January 28, 2025

Owners of the electric Lucid Gravity SUV will gain access to Tesla’s Supercharging network starting January 31. The Gravity is Lucid’s second vehicle model in its lineup after its flagship Air sedan series, and the first to be built with charge ports compatible with Tesla’s NACS (North American Charging Standard) charge plugs. Lucid Air owners will…

‘Blade’ writer David S. Goyer debuts his latest sci-fi franchise on Incention, a new platform built on Story blockchain

January 28, 2025

While the adoption of IP (intellectual property) blockchain and tokenization of assets is still in its early stages, more creatives in the entertainment industry are embracing what is called “tokenized storytelling.” This approach enables fans to participate in story development, contributing elements – such as characters and plot – that can be tokenized and owned…

Zepto shifts domicile to India as local listings gain appeal

January 28, 2025

Quick commerce startup Zepto has completed its shift of domicile from Singapore to India, joining a growing wave of Indian startups moving their headquarters back home ahead of public listings. The transition marks the fastest domicile shift to India by a foreign-headquartered startup, according to Zepto’s chief financial officer Ramesh Bafna. The Indian authorities recently…

TravelPerk raises $200M as valuation nearly doubles to $2.7B

January 28, 2025

Barcelona-based business travel management platform TravelPerk has raised $200 million at a hefty $2.7 billion valuation — almost double the $1.4 billion valuation at its previous fundraise last year. Alongside the raise, TravelPerk also announced it has acquired Swiss startup Yokoy to bring native expenses management into the fray. With the travel and tourism industry…

Reid Hoffman’s Manas AI raises $24.6M, a fraction of other AI drug discovery startups

January 27, 2025

LinkedIn founder Reid Hoffman and Siddhartha Mukherjee, cancer researcher and author of the book “The Emperor of All Maladies,” have co-founded an AI-powered drug discovery startup, Manas AI. The company, which will initially focus on breast cancer, prostate cancer, and lymphoma, has raised $24.6 million in seed funding from Hoffman, General Catalyst, and Greylock. Manas…

Hackers are targeting machine identities. Token Security just raised $20M to stop them

January 27, 2025

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…

OpenAI-backed 1X acquires Kind Humanoid

January 27, 2025

1X has acquired Kind Humanoid, the Norwegian robotics startup told TechCrunch on Monday. The deal marks a small but key consolidation for a humanoid robotics industry on the brink of a major moment in 2025. TechCrunch spoke with Kind Humanoid in October, when the then-three-person startup announced that it had enlisted famed designer Yves Behar…

TechCrunch Disrupt 2025: 5 Days left to claim your 2 for 1 Passes at the lowest rate of the year

January 27, 2025

The clock is ticking for one of our Super Early Bird sales! You have just 5 days left to lock in your 2 for 1 Passes at the lowest rates of the year for TechCrunch Disrupt 2025. Save up to $1,400 on two of the same individual ticket type. This limited-time offer ends this Friday,…

Mistral’s origin story has an insuretech founder at its heart

January 27, 2025

If you’ve been following the AI industry, Mistral should be a familiar name by now. The French AI startup with a $6 billion valuation is arguably the biggest AI company working on foundation models in Europe. Alan, on the other hand, isn’t as well known. The health insurance unicorn has been quietly growing to become…

Perplexity submits a new bid for TikTok

January 26, 2025

Perplexity AI has submitted a revised proposal to merge with TikTok, in an arrangement that would give the U.S. government up to 50 percent ownership of the new entity. The Associated Press first reported on the new proposal. A source with knowledge of the bid confirmed to TechCrunch that the AP’s reporting is accurate. The…

2025 will likely be another brutal year of failed startups, data suggests

January 26, 2025

As demand for data centers soars, real estate companies look to become energy developers

January 25, 2025

Brendan Wallace has a lot on his mind lately. Wallace is the co-founder of Fifth Wall Ventures, a nine-year-old proptech venture firm with $3.2 billion in assets under management. He’s also a homeowner in L.A., which continues to battle raging wildfires. While his place remains intact, many of his friends haven’t been so lucky. Wallace…

Retro Biosciences, backed by Sam Altman, is raising $1 billion to extend human lifespan

January 24, 2025

TechCrunch Disrupt 2025 tickets now on sale: Lowest rates ever

January 24, 2025

We’re kicking things off earlier than ever! TechCrunch Disrupt 2025 tickets are officially on sale. Don’t miss your chance to snag them at the lowest rates of the year! Immerse yourself in the epicenter of tech innovation at Disrupt 2025! From October 27 to 29, Moscone West in San Francisco transforms into the global hub…

French e-bike startup Angell nears bankruptcy

January 24, 2025

Angell, a French smart electric bike startup, has announced in an email to customers that the company is declaring insolvency and approaching a court to ask for judicial liquidation. “It’s over for Angell,” said company co-founder and CEO Marc Simoncini on Instagram. (He also happens to be a judge on the French version of “Shark…

Kodiak has made its first driverless truck deliveries to customer Atlas Energy

January 24, 2025

Kodiak Robotics has officially handed off two autonomous trucks to customer Atlas Energy Solutions, marking the startup’s first commercial launch. Atlas, a provider of proppant (i.e., sand) and oilfield logistics, received its first Kodiak-equipped trucks in December and began driverless operations in an off-road environment in West Texas’s remote Permian Basin shortly after. The company…

Allara lands $26M to expand women’s hormone telehealth

January 24, 2025

Growing up with an OB-GYN father, Rachel Blank assumed that most women received excellent gynecological care. She regularly witnessed her dad’s patients thanking him for delivering their child when they would bump into him around town. But Blank realized that not all women’s health issues are treated equally when, at the age of 21, she…

Foyer unlocks $6.2M to help people save up to buy homes

January 24, 2025

Landy Liu knows how hard it is to save for a home. While working at mortgage startup Better.com, he spent years dealing with first-home home buyers who felt overwhelmed when it came to shopping for homes. By the time it was his turn in 2022, mortgage rates had nearly doubled, and he found himself in…

Tom Brady’s Autograph merges with digital fitness company Future

January 23, 2025

Autograph, the $3.1 billion valuation NFT company co-founded by Tom Brady, is merging with the digital fitness company Future. As part of the merger, Brady will join the board of directors of Future and serve as co-chair of the company. Brady co-founded Autograph in 2021 to find ways to connect athletes and artists with fans,…

After pivoting from crypto to payroll, Rollfi gets acquired

January 23, 2025

Kirubha Perumalsamy co-founded Rollfi during crypto’s heyday in 2021 to help companies process digital payments. When crypto crashed, Rollfi pivoted to become an embedded payroll company, partnering with financial services companies to offer payroll and benefits services to their clients. The pivot was enough of a success for Rollfi to be acquired for an undisclosed…

Coval evaluates AI voice and chat agents like self-driving cars

January 23, 2025

What do AI voice agents and self-driving cars have in common? Their performance can be evaluated in the same way, argues Brooke Hopkins, a former tech lead at Waymo. Coval, Hopkins’ new startup, looks to do just that. “When I left Waymo, I realized a lot of these problems that we had at Waymo were…

Method is helping fintech companies like SoFi build repayment functionality into their apps

January 23, 2025

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…

Tive’s tools help companies track the status of their shipments in real time

January 23, 2025

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…

Fundraise Up claims its AI can boost nonprofit donations

January 23, 2025

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…

Some shareholders of a16z-backed Divvy Homes may not see a dime from $1B sale

January 22, 2025

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.…

Scale AI is facing a third worker lawsuit in about a month

January 22, 2025

Rent-to-own startup Divvy Homes selling to Brookfield for about $1 billion

January 22, 2025

After a turbulent few years for proptech, Divvy Homes announced Wednesday that it is selling to a division of Brookfield Properties for about $1 billion. © 2024 TechCrunch. All rights reserved. For personal use only.

Livestream app Favorited, a new TikTok alternative, gets backing from a16z

January 22, 2025

This month, drama unfolded across mainstream social media platforms like TikTok, which briefly went dark in the U.S. before a rapid return. Instagram recently faced backlash after ending its third-party fact-checking program. At the same time, startups like Favorited are attracting attention from investors, creators, and viewers. On Wednesday, the livestream app announced its $1.3…

TechCrunch Disrupt 2025 tickets now on sale: Lowest rates ever

January 22, 2025

We’re kicking things off earlier than ever! TechCrunch Disrupt 2025 tickets are officially on sale. Don’t miss your chance to snag them at the lowest rates of the year! Immerse yourself in the epicenter of tech innovation at Disrupt 2025! From October 27–29, Moscone West in San Francisco transforms into the global hub for technology…

Ramp encroaches into digital bank territory with new treasury product

January 22, 2025

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…

Sales knowledge automation platform 1up gets a third of its customer leads from memes

January 22, 2025

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…

Startup founders flooded inauguration parties hopeful for dealmaking

January 21, 2025

Mistral AI plans IPO

January 21, 2025

French AI lab, Mistral, is working toward an initial public offering, co-founder and CEO Arthur Mensch said Tuesday in an interview with Bloomberg at the World Economic Forum in Davos. Mistral is “not for sale,” Mensch said, adding that the company plans to open an office in Singapore to focus on the Asia-Pacific region and…

Karmen secures $9.4 million for its revenue-based financing products

January 20, 2025

French startup Karmen has secured a small funding round so that it can improve its instant financing products. The company offers short-term loans to small companies facing a working capital crunch. It’s a €9 million equity-and-debt round ($9.4 million at today’s exchange rates) with Seventure Partners buying a stake in the small startup. Financière Arbevel…

Friend delays shipments of its ‘AI companion’ pendant

January 20, 2025

Friend, a startup creating a $99, AI-powered necklace designed to be treated as a digital companion, has delayed its first batch of shipments until Q3. Friend had planned to ship devices to pre-order customers in Q1. But according to co-founder and CEO Avi Schiffman, that’s no longer feasible. “As much as I would liked to…

How African VC firm Oui Capital returned its first fund with Moniepoint’s unicorn exit

January 20, 2025

At a recent investor meeting, early-stage African investor Oui Capital informed limited partners that it had returned its $4 million debut fund following the sale of some shares in the business banking platform Moniepoint. The African fintech unicorn has so far proven to be a standout investment for five-year-old Oui Capital. When it launched its…

Trump says he will delay TikTok ban, suggests a joint venture with US ownership

January 19, 2025

TikTok went dark for users in the US on Saturday night, but it may not be gone for long. President-elect Donald Trump posted on Truth Social this morning that he will issuing an executive order Monday that will “extend the period of time before the law’s prohibitions take effect, so that we can make a…

Employees of failed startups are at special risk of stolen personal data through old Google logins

January 19, 2025

As if losing your job when the startup you work for collapses isn’t bad enough, now a security researcher has found that employees at failed startups are at particular risk of having their data stolen. This ranges from their private Slack messages to Social Security numbers and, potentially, bank accounts. The researcher who discovered the…

Once high-flying proptech startups Divvy Homes and EasyKnock are the latest to struggle

January 18, 2025

Many proptech startups, born and funded during the low-interest-rate heydays, are in the throes of struggle. With investments into U.S.-based real estate startups falling from $11.1 billion in 2021 to $3.7 billion last year, according to PitchBook data, some are selling themselves off, while others are closing shop. The two most recent examples are the…

Netradyne snags $90M at $1.35B valuation to expand smart dashcams for commercial fleets

January 17, 2025

Distracted driving is one of the leading causes of car accidents and a major reason why auto insurance premiums are expected to increase in 2025. For commercial fleets, that’s a nightmare. But for California-based startup Netradyne, it’s a tailwind. Netradyne provides fleet owners, including big names like Amazon, with AI-enabled dashcams that collect vehicle data…

Perplexity acquires Read.cv, a social media platform for professionals

January 17, 2025

Read.cv, a social media platform for professionals that competed with LinkedIn, has been acquired by AI-powered search engine Perplexity. As part of the deal, Read.cv will begin to wind down operations Friday. Users will be able to export their data, including their profiles, posts, and messages, until May 16. “We’ve long admired Perplexity and believe…

Big Tech expands its reach with new startup acquisitions and investments

January 17, 2025

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week’s newsletter is about startups, but it is also about Big Tech companies expanding their reach, both through acquisitions and through investments. Most interesting startup stories…

Failed fintech startup Bench racked up over $65 million in debt, documents reveal

January 16, 2025

Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol

January 16, 2025

Entrepreneur and investor Mark Cuban is ready to fund a TikTok alternative built on Bluesky’s AT Protocol, he shared in a TikTok video posted on Wednesday. In anticipation of the coming U.S. TikTok ban, which will go through on Sunday unless paused by the Supreme Court, users have been fleeing to other video platforms, including…

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