Pyka fields interest from defense as $40M round goes to scaling up its electric autonomous planes

Though it briefly worked on a passenger plane, the company decided after raising some money in 2022 that a cargo variant of the Pelican was more practical in the short term.

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Though it briefly worked on a passenger plane, the company decided after raising some money in 2022 that a cargo variant of the Pelican was more practical in the short term.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

David Energy is going up against Goliath energy incumbents

James McGinniss has been obsessed with decarbonization and the energy grid since he was a high schooler over a decade ago. Now, his startup David Energy has a lofty goal: getting the energy grid to run entirely on clean energy in the next 10 years. Brooklyn-based David Energy is a software-enabled retail energy provider. It […]

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James McGinniss has been obsessed with decarbonization and the energy grid since he was a high schooler over a decade ago. Now, his startup David Energy has a lofty goal: getting the energy grid to run entirely on clean energy in the next 10 years. Brooklyn-based David Energy is a software-enabled retail energy provider. It
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Jump raises $12M to help freelancers get benefits just like employees

Jump offers full-time contracts to freelancers looking for some stability and the benefits involved with a full-time job.

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

Jump offers full-time contracts to freelancers looking for some stability and the benefits involved with a full-time job.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Yup, Jony Ive is working on an AI device startup with OpenAI

Jony Ive, the legendary designer who left his full-time role at Apple five years ago, is working on a new startup with OpenAI and its CEO Sam Altman. The collaboration was first reported last year, and Ive confirmed it in a New York Times profile about what he’s been up to since leaving Apple. If […]

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

Jony Ive, the legendary designer who left his full-time role at Apple five years ago, is working on a new startup with OpenAI and its CEO Sam Altman. The collaboration was first reported last year, and Ive confirmed it in a New York Times profile about what he’s been up to since leaving Apple. If
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Ibotta’s CEO explains why startups shouldn’t try to time the IPO market

The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies […]

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

The IPO market has not roared back in 2024 as many investors hoped it would — not yet, at least. Elevated interest rates (this week’s 50 bps rate cut notwithstanding) and uncertainty related to the U.S. election have prompted many companies to stay private and wait for better market conditions. But a handful of companies
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Some startups are going ‘fair source’ to avoid the pitfalls of open source licensing

The fair source concept is designed to help companies align themselves with the “open” software development sphere, without encroaching into existing licensing landscapes.

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

The fair source concept is designed to help companies align themselves with the “open” software development sphere, without encroaching into existing licensing landscapes.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

India’s Oyo acquires Motel 6 for $525M

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash transaction. The acquisition also includes the Studio 6 extended stay brand and is expected to close in the fourth quarter of […]

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

One of India’s largest startups, budget hotel company Oyo, has reached a deal to acquire G6 Hospitality, which operates Motel 6. Oyo says it will pay Blackstone Real Estate $525 million in an all-cash transaction. The acquisition also includes the Studio 6 extended stay brand and is expected to close in the fourth quarter of
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Adam Neumann’s startup Flow opens co-living community in Saudi Arabia

Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style […]

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

Flow, Adam Neumann’s co-living startup, opened a compound with 238 apartments in Saudi Arabia’s capital, Riyadh, and Forbes has some details. The opening included an Aztec-themed hot chocolate ceremony and tote bags with the words “holy s— I’m alive” on them. The rent for the furnished units starts at $3,500 a month and includes hotel-style
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

The 25 battery tech startups that just got a piece of $3B in federal funds  

This tranche of funding went to startups across 14 states, but there were certain winners that will see the bulk of the expected 18,000 jobs to be created as a result of this funding.

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

This tranche of funding went to startups across 14 states, but there were certain winners that will see the bulk of the expected 18,000 jobs to be created as a result of this funding.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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