Startup funding hit records in Q1. But the outlook for 2025 is still awful.

Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook, […]Startups attracted $91.5 billion in venture capital funding in Q1, according to the latest report from data provider PitchBook. This figure not only exceeds the previous quarter’s allocation by 18.5% but also represents the second-highest quarterly investment in the last decade. Despite this seemingly positive news, Kyle Stanford, lead U.S. venture capital analyst at PitchBook,[#item_full_content]

Bolt’s Ryan Breslow pins his hopes on a new app that takes on Coinbase, Zelle, and PayPal

Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in […]Ryan Breslow is officially back. While the founder of one-click checkout company Bolt re-assumed its helm as CEO in March, Breslow is unveiling Wednesday a new “superapp” that he hopes will formally mark his return as the fintech’s leader. He describes the new product as “one-click crypto and everyday payments” in a single platform, in[#item_full_content]

TS Anil, CEO of Monzo, is joining our StrictlyVC London lineup

StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital […]StrictlyVC, the boutique brand powered by TechCrunch and known for evening events that invite headliners into smaller rooms to connect with live audiences, is headed back to London on May 13 — and its latest speaker lineup is one of its strongest yet. Joining the stage is TS Anil, CEO of Monzo Bank, the digital[#item_full_content]

Figma, ignores the fear, files paperwork for an IPO

Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies […]Design software startup Figma announced Tuesday it has filed its confidential paperwork for an IPO. We won’t know more until that paperwork becomes public, which, best-case scenario would be in about a month. However, with the stock market in groundhog mode — seeing its shadow with every new gyration of the Trump Administration’s trade policies[#item_full_content]

India’s BluSmart swept up in Gensol investigation alleging misuse of EV loans

India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI) […]India’s market regulator launched a probe Tuesday into Gensol Engineering after finding alleged misuse of electric vehicle loans. BluSmart, a ride-hailing startup connected to Gensol that was once seen as an emerging Uber rival in the South Asian market, has also been swept up into the investigation. The Securities and Exchange Board of India (SEBI)[#item_full_content]

Figma sent a cease-and-desist letter to Lovable over the term ‘Dev Mode’

We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode, […]We may be witnessing the makings of a new tech industry feud between competitors. Figma has sent a cease-and-desist letter to popular no-code AI startup Lovable, Figma confirmed to TechCrunch.  The letter tells Lovable to stop using the term “Dev Mode” for a new product feature. Figma, which also has a feature called Dev Mode,[#item_full_content]

OpenAI hires team behind GV-backed AI eval platform Context.ai

Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal the terms of the deal. “Evals are a requirement to building high-performing […]Context.ai, a startup building evaluations and analytics for AI models, announced Tuesday that its co-founders will join OpenAI.  Context.ai plans to wind down its products following the acqui-hire, per a message on the company’s website. When reached for comment, OpenAI declined to reveal the terms of the deal. “Evals are a requirement to building high-performing[#item_full_content]

Deel’s CEO is now in Dubai, complicating Rippling’s lawsuit

Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve […]Rippling’s efforts to serve Deel CEO Alex Bouaziz have been significantly complicated by the fact that Bouaziz and his lawyer are now in Dubai, according to internal correspondence seen by TechCrunch. The UAE is a country with a reputation of being a safe haven for those wanting to avoid extradition. Rippling is trying to serve[#item_full_content]

Former Tesla supply chain leaders create Atomic, an AI inventory solution

Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees […]Tesla famously struggled to scale up production of the Model 3 sedan in 2018 — so much so that CEO Elon Musk said his company was weeks away from collapsing. That near-death experience helped spawn a whole new company called Atomic that’s built around using AI to streamline supply chains. Co-founded by former Tesla employees[#item_full_content]

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