How CNH’s ‘black belt’ M&A head makes deals
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How CNH’s ‘black belt’ M&A head makes deals

Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene.  The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi. […]

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Heavy equipment manufacturer CNH Industrial has a long history of mergers and acquisitions, at times supervising legendary brands like Ferrari. But five years ago, as agtech was booming, the global giant was struggling to tap into the startup scene.  The conglomerate turned to one of its longest-tenured executives, a swashbuckling Italian businessman named Michele Lombardi.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Oyo valuation crashes over 75% in new funding
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Oyo valuation crashes over 75% in new funding

The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking […]

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

The valuation of Oyo, once India’s second-most valuable startup at $10 billion, has dipped to $2.4 billion in a new funding round. The Gurugram-headquartered startup has raised $173.5 million in a Series G funding round. InCred Wealth, Patient Capital and J&A Partners invested in the new round. TechCrunch reported in May that Oyo was seeking
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Maybe Friend wasn’t crazy for spending $1.8M on a domain after all
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Maybe Friend wasn’t crazy for spending $1.8M on a domain after all

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself.

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

Avi Schiffmann, the founder and CEO of Friend, told TechCrunch over email that the purchase has already paid for itself.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

AI founders play musical chairs
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AI founders play musical chairs

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 we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Most […]

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

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 we are looking at AI founders who are playing musical chairs, a massive defense tech investment, and more issues at Techstars. Let’s get into it. Most
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

First look at the Startup Battlefield judges at TechCrunch Disrupt 2024
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First look at the Startup Battlefield judges at TechCrunch Disrupt 2024

The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of top-tier VCs at TechCrunch Disrupt 2024, taking place on October 28–30 in San Francisco. It’s always epic, and every contender is on the road to making a huge […]

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

The Startup Battlefield is the crown jewel of Disrupt, and we can’t wait to see which of the thousands of applicants will be selected to pitch to panels of top-tier VCs at TechCrunch Disrupt 2024, taking place on October 28–30 in San Francisco. It’s always epic, and every contender is on the road to making a huge
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Maybe it’s a good thing that we’re not seeing too many AI unicorns
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Maybe it’s a good thing that we’re not seeing too many AI unicorns

AI was prominent in the news cycle this week — yet again. In this Friday’s episode of TechCrunch’s Equity podcast, Kirsten Korosec, Mary Ann Azevedo and Becca Szkutak kick off the show dissecting a bill which aims to regulate AI at the model level. Naturally, some VCs and founders as well as students and professors […]

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

AI was prominent in the news cycle this week — yet again. In this Friday’s episode of TechCrunch’s Equity podcast, Kirsten Korosec, Mary Ann Azevedo and Becca Szkutak kick off the show dissecting a bill which aims to regulate AI at the model level. Naturally, some VCs and founders as well as students and professors
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Humidity sucks. Transaera has a new way to deal with it
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Humidity sucks. Transaera has a new way to deal with it

The startup’s core technology is a proprietary material that absorbs moisture from the air, allowing air conditioning to cool buildings more efficiently.

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

The startup’s core technology is a proprietary material that absorbs moisture from the air, allowing air conditioning to cool buildings more efficiently.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

CloudPay, a payroll services provider, lands $120M in new funding
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CloudPay, a payroll services provider, lands $120M in new funding

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling […]

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

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients. CloudPay grew quietly over the next several decades, adding workflow automation features to maintain pace with upstart rivals. It’s still growing, CFO Andy Thomson assures TechCrunch. Thomson claims that CloudPay is handling
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Archer to set up air taxi network in LA by 2026 ahead of World Cup
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Archer to set up air taxi network in LA by 2026 ahead of World Cup

Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl in 2027 and the 2028 Olympics — have LA officials searching for a range of new mobility solutions to address its congestion problems. But they’re […]

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

Los Angeles is notorious for its back-to-back traffic. Three events that promise to bring in millions of spectators from around the world — the 2026 World Cup, the Super Bowl in 2027 and the 2028 Olympics — have LA officials searching for a range of new mobility solutions to address its congestion problems. But they’re
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can and cannot do
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Cohere co-founder Nick Frosst thinks everyone needs to be more realistic on what AI can and cannot do

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in […]

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

AI companies are gobbling up investor money and securing sky-high valuations early in their life cycle. This dynamic has many calling the AI industry a bubble. Nick Frosst, a co-founder of Cohere, which builds custom AI models for enterprise customers, recently said on TechCrunch’s Found podcast that he doesn’t think the AI industry is in
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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