General Catalyst raises $8B in fresh funds to back startups globally

U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding, […]

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U.S. venture capital giant General Catalyst has announced a fresh $8 billion in funds as it looks to ramp up its investments in multi-sector early-stage startups globally, with a specific focus on the U.S., Europe, and India. The capital constitutes around $4.5 billion for its “core VC funds” which spans seed and growth equity funding,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Vinted hits $5.4B valuation amid wave of secondary share sales in Europe

Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture […]

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

Lithuania’s Vinted has secured a new valuation of €5 billion (around $5.4 billion at current exchange rates), after the second-hand fashion marketplace closed a secondary share sale worth €340 million ($367 million). The transaction was led by private equity giant TPG, with other new participants including Baillie Gifford, FJ Labs, Hedosophia, Invus Opportunities, Manhattan Venture
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Cash collection startup Upflow also wants to handle B2B payments

Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central […]

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

Upflow, a French startup we’ve been covering for quite a while, originally focused on managing outstanding invoices. The company is now announcing a shift in its strategy to become a B2B payment platform with its own payment gateway to complement its accounts receivable automation solution. Like many software-as-a-service products, Upflow started by building a central
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

TechCrunch Disrupt 2024 full Breakout Session agenda

With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your […]

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

With TechCrunch Disrupt 2024 just days away, we’re gearing up for an incredible three-day event packed with interactive sessions! From October 28-30 at Moscone West in San Francisco, dive into Q&A conversations with a panel of industry experts around the most pressing issues and cutting-edge tech trends to help empower your growth. Don’t miss your
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

As technology advances, the limitations of conventional electronic computers are becoming increasingly apparent, especially when tackling complex computational challenges. NP-complete problems, which grow exponentially with size, represent some of the toughest puzzles in computer science. These issues have significant implications across various fields, including biomedicine, transportation, and manufacturing. In the quest for more effective solutions, researchers are exploring alternatives to traditional computing methods, with optical computing emerging as a promising avenue.As technology advances, the limitations of conventional electronic computers are becoming increasingly apparent, especially when tackling complex computational challenges. NP-complete problems, which grow exponentially with size, represent some of the toughest puzzles in computer science. These issues have significant implications across various fields, including biomedicine, transportation, and manufacturing. In the quest for more effective solutions, researchers are exploring alternatives to traditional computing methods, with optical computing emerging as a promising avenue.[#item_full_content]

Beleaguered startup Humane drops AI Pin price by $200

Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch. […]

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

Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Flock Safety paid over $300 million for 17-month-old drone startup Aerodome

Police surveillance startup Flock Safety announced that it had bought drone software startup Aerodome for over $300 million.

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

Police surveillance startup Flock Safety announced that it had bought drone software startup Aerodome for over $300 million.
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

DuckDuckGo will be making more early-stage investments in privacy-focused startups

DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance, […]

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

DuckDuckGo, the privacy-focused search alternative to Google, wants to put money into startups that have a similar focus on privacy. The company says that it’s actively seeking startups looking for investment, or startups that might be interested in partnering up or being acquired. In a blog post today, the company name-checked its SVP of finance,
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

5 days to go: TechCrunch Disrupt 2024 kicks off and ticket prices go up

In only 5 short days, Moscone West in San Francisco will come alive with 10,000 startup and VC leaders for TechCrunch Disrupt 2024. It’s set to be a powerhouse event, drawing innovative minds from every corner of the globe. Time is running out to save up to $400 on individual tickets or to bring a […]

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

In only 5 short days, Moscone West in San Francisco will come alive with 10,000 startup and VC leaders for TechCrunch Disrupt 2024. It’s set to be a powerhouse event, drawing innovative minds from every corner of the globe. Time is running out to save up to $400 on individual tickets or to bring a
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

Andreessen Horowitz helps founders meet compute needs with ‘Oxygen’ private GPU cluster

Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives […]

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

Andreessen Horowitz has a massive cluster of Nvidia H100 GPUs to help its portfolio of AI startups meet their compute needs, the venture capital firm confirmed for the first time on Wednesday. The program, called “Oxygen”, allows their portfolio companies to train or operate their AI models without negotiating market rates. A16Z’s Oxygen cluster gives
© 2024 TechCrunch. All rights reserved. For personal use only.[#item_full_content]

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