AI boom masks fundraising struggles for non-AI startups
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AI boom masks fundraising struggles for non-AI startups

Earlier this year, IVP general partner Tom Loverro, proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian […]

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Earlier this year, IVP general partner Tom Loverro, proclaimed that the post-pandemic downturn is over, and companies that made it this far should prioritize growth over cost-cutting. Yet, the companies still struggling to raise their next round of financing at a higher valuation or survive altogether could still be in the thousands, according to Brian
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Commonwealth Fusion Systems just picked its first commercial site partly because of its proximity to Washington, D.C.
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Commonwealth Fusion Systems just picked its first commercial site partly because of its proximity to Washington, D.C.

The fusion startup intends to hook the power plant up to the grid in the early 2030s.

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The fusion startup intends to hook the power plant up to the grid in the early 2030s.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Grammarly acquires productivity startup Coda, brings on new CEO
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Grammarly acquires productivity startup Coda, brings on new CEO

Grammarly is acquiring productivity startup Coda, the company announced on Tuesday. As part of the deal, Coda’s CEO and co-founder Shishir Mehrotra will become the new CEO of Grammarly. The financial terms of the deal were not disclosed. The acquisition will help turn Grammarly’s AI assistant into an “AI productivity platform” thanks to the addition […]

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Grammarly is acquiring productivity startup Coda, the company announced on Tuesday. As part of the deal, Coda’s CEO and co-founder Shishir Mehrotra will become the new CEO of Grammarly. The financial terms of the deal were not disclosed. The acquisition will help turn Grammarly’s AI assistant into an “AI productivity platform” thanks to the addition
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Slip Robotics snags $28M for its bots that can load a truck in five minutes
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Slip Robotics snags $28M for its bots that can load a truck in five minutes

Drop by any given loading dock and a buzz of forklifts — loaded up with goods — can be spotted maneuvering in and out of truck trailers. This logistical dance can take up to an hour to fill a trailer, leaving truck drivers in idle limbo. The founders of Atlanta-based Slip Robotics say they’ve developed […]

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

Drop by any given loading dock and a buzz of forklifts — loaded up with goods — can be spotted maneuvering in and out of truck trailers. This logistical dance can take up to an hour to fill a trailer, leaving truck drivers in idle limbo. The founders of Atlanta-based Slip Robotics say they’ve developed
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Shein must cede Indians’ data, control of local ops to re-enter India
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Shein must cede Indians’ data, control of local ops to re-enter India

Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary […]

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

Shein must surrender all data of Indian customers and control of its local operations to its partner, Reliance Retail, and keep operations fully local to re-enter the Indian market, according to new government disclosures that reveal how the apparel and accessories retailer secured a rare exception to India’s ban on Chinese-linked apps. In a parliamentary
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Popular LatAm digital payment service AstroPay launches multi-currency wallet
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Popular LatAm digital payment service AstroPay launches multi-currency wallet

AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it’s not a name that comes up often in startup news. The company originally started its life as a payment service provider focused on Latin America — an alternative payment method that you would find next to the […]

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

AstroPay has been around since 2009. The bootstrapped company currently has 320 employees and is profitable. And yet, it’s not a name that comes up often in startup news. The company originally started its life as a payment service provider focused on Latin America — an alternative payment method that you would find next to the
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Focused Energy buys two of the world’s most powerful lasers for its fusion quest
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Focused Energy buys two of the world’s most powerful lasers for its fusion quest

The massive lasers will be installed in the startup’s future facility, which it is building in the San Francisco Bay Area.

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The massive lasers will be installed in the startup’s future facility, which it is building in the San Francisco Bay Area.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Nuon helps companies deploy their software into their customers’ cloud accounts
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Nuon helps companies deploy their software into their customers’ cloud accounts

Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was skeptical. Morehouse told TechCrunch that after that […]

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

Jon Morehouse launched PowerTools in 2019 to help companies ship static sites and serverless apps to their cloud accounts on providers like AWS and Azure. When a customer asked him if they could use PowerTools to deploy their software into one of their customer’s cloud accounts, Morehouse was skeptical. Morehouse told TechCrunch that after that
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Alphabet-backed Indian lender files for $171M IPO
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Alphabet-backed Indian lender files for $171M IPO

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors. Proceeds from the IPO will be used to expand […]

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

Aye Finance, a lender targeting small- and medium-sized businesses in India, is seeking to raise $171 million from its initial public offering, it disclosed in a filing Tuesday. The offering comprises a $104 million fresh share issue and a $67 million secondary sale by existing investors. Proceeds from the IPO will be used to expand
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups
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Hexa, the startup studio behind Aircall and Swan, unveils its next batch of startups

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas […]

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

Hexa, a Paris-based startup studio that has launched dozens of B2B software companies, is sharing a list of its next batch of projects that are soon going to become independent startups. Hexa originally started its life in 2011 as eFounders, a startup studio focused on B2B software-as-a-service products. Hexa usually comes up with the ideas
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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