Federal prosecutors have charged another Forbes 30 Under 30 alum with fraud

The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November […]

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The FBI unsealed an indictment yesterday that alleges Joanna Smith-Griffin, founder of the AI startup AllHere Education, engaged in “securities fraud, wire fraud, and aggravated identity theft in connection with defrauding investors” out of nearly $10 million. The FBI claims she misrepresented her company’s revenue, customer base, and cash to investors from at least November
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Chinese AV startup Pony AI boosts its IPO goal to $260M

Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares. […]

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Pony AI, the Chinese autonomous vehicle startup that’s looking to go public on the Nasdaq stock exchange, now wants to raise around $260 million, according to a new regulatory filing. That’s up from its previous target of around $224 million. To meet the goal, Pony will sell as many as 20 million American depository shares.
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Building trust in crypto with Jonathan Levin of Chainalysis

Late last week, U.S. Securities and Exchange Commission chair Gary Gensler said that he was “proud to serve” the agency, which some are taking as a hint at an upcoming resignation. Gensler has faced heavy criticism for his crackdown on crypto, including a recent lawsuit from 18 states, and is likely to be replaced under […]

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Late last week, U.S. Securities and Exchange Commission chair Gary Gensler said that he was “proud to serve” the agency, which some are taking as a hint at an upcoming resignation. Gensler has faced heavy criticism for his crackdown on crypto, including a recent lawsuit from 18 states, and is likely to be replaced under
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

YC-backed Four Growers builds robots to help solve greenhouse labor shortages

When Brandon Contino and co-founder Dan Chi were developing Four Growers’ produce-harvesting robots, they practically lived in a greenhouse for an entire year. They coded at a small desk tucked in the back corner and discovered that fertilizer bags can be comfortable beds. “We actually started just running everything off a laptop, and I would […]

© 2024 TechCrunch. All rights reserved. For personal use only.

When Brandon Contino and co-founder Dan Chi were developing Four Growers’ produce-harvesting robots, they practically lived in a greenhouse for an entire year. They coded at a small desk tucked in the back corner and discovered that fertilizer bags can be comfortable beds. “We actually started just running everything off a laptop, and I would
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Raven Space Systems opens up a whole new category of industrial 3D printing

Manufacturing has been one of the hottest categories in venture this year, but there are still many innovative materials and processes yet to scale. One example is thermoset composites, materials widely used in aerospace and defense due to their high heat resistance and light weight, but which typically have long lead times and high prices […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Manufacturing has been one of the hottest categories in venture this year, but there are still many innovative materials and processes yet to scale. One example is thermoset composites, materials widely used in aerospace and defense due to their high heat resistance and light weight, but which typically have long lead times and high prices
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Chroma, backed by Pinterest and Twitter cofounders, sells to AI audio company Bronze

Chroma, a startup building a new type of audiovisual entertainment for mobile devices, has been sold. The company, which had financial backing from Twitter and Medium co-founder Biz Stone as well as Pinterest co-founder Evan Sharp, is headed to London-based audio technology company Bronze, an AI music startup. Founded by record producer Lex Dromgoole, who’s […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Chroma, a startup building a new type of audiovisual entertainment for mobile devices, has been sold. The company, which had financial backing from Twitter and Medium co-founder Biz Stone as well as Pinterest co-founder Evan Sharp, is headed to London-based audio technology company Bronze, an AI music startup. Founded by record producer Lex Dromgoole, who’s
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nuclear startups face new competition as energy giant Enel enters the ring

The new endeavor could put additional pressure on small modular reactor (SMR) startups that have struggled to build power plants.

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The new endeavor could put additional pressure on small modular reactor (SMR) startups that have struggled to build power plants.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Mitsubishi backs Ample’s radical approach to charging EV batteries

Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology.   The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample is preparing to turn some of those pilot customers into commercial […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Startup Ample is on a mission to convert commercial fleets into believers in the power of electric vehicle battery swapping technology.   The company has spent the last three years piloting its electric vehicle battery swapping technology in San Francisco, Madrid, and Japan. Now, Ample is preparing to turn some of those pilot customers into commercial
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Codecrafters wants to challenge seasoned developers with hard-to-build projects

There are plenty of online platforms for developers that help you learn new skills or get started with a new language, such as CodeCademy, Leetcode, and CodeSignal. Some guide developers step by step through the process while teaching the basics, while others provide detailed video tutorials. Codecrafters is a platform that doesn’t want to show […]

© 2024 TechCrunch. All rights reserved. For personal use only.

There are plenty of online platforms for developers that help you learn new skills or get started with a new language, such as CodeCademy, Leetcode, and CodeSignal. Some guide developers step by step through the process while teaching the basics, while others provide detailed video tutorials. Codecrafters is a platform that doesn’t want to show
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

YC-backed Formal brings a clever security reverse-proxy out of stealth

Formal is a security startup coming out of stealth on Tuesday with a nice list of investors and an interesting product positioning. The company has designed a reverse-proxy for data stores and APIs so that security teams can more easily secure access to sensitive data. In more practical terms, Formal is a proxy that you […]

© 2024 TechCrunch. All rights reserved. For personal use only.

Formal is a security startup coming out of stealth on Tuesday with a nice list of investors and an interesting product positioning. The company has designed a reverse-proxy for data stores and APIs so that security teams can more easily secure access to sensitive data. In more practical terms, Formal is a proxy that you
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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