3D-printed rocket startup Relativity Space has raised a $650 million Series E, bringing its total raised to over $1.2 billion. Relativity’s post-money valuation now stands at $4.2 billion, a source familiar with the matter told TechCrunch. The round was led by Fidelity Management & Research Company, with participation from new investors with funds and accounts […]
“Digital transformation” has been on the mind of many an organization in the last year: the pandemic and the shift it’s brought to how we work are speeding up investments in new apps, infrastructure and work practices to improve productivity regardless of where we sit all day. Now, it looks like we’re on to the […]
An update to an existing art app that allows artists to access NFT marketplaces directly, could have the potential to democratize access to the NFT world for artists not currently in crypto. SketchAR, is an existing mobile app that allows artists to turn photos into illustrations using its AI-based computer vision. It is now is […]
New York-based Simulate today announced a $50 million fundraise. Led by Alexis Ohanian’s 776, the Series B brings the meat alternative’s total funding to north of $60 million and values it at $260 million. Simulate’s first product, Nuggs (formerly also the startup’s name), has already caused a splash, thanks in no small part to aggressive […]
This morning Airbase, a corporate spend startup, announced that it has closed a $60 million Series B led by Menlo Ventures. The deal’s announcement comes after Divvy, another corporate-spend focused startup, sold to Bill.com for several billion dollars, and other unicorns in the space like Brex and Divvy each raised nine-figure rounds. According to Airbase CEO […]
In 2013, Colombian businessman David Velez decided to reinvent the Brazilian banking system. He didn’t speak Portuguese, nor was he an engineer or a banker, but he did have the conviction that the system was broken and that he could fix it. And as a former Sequoia VC, he also had access to capital. His […]
Countless popular websites including Reddit, Spotify, Twitch, Stack Overflow, GitHub, gov.uk, Hulu, HBO Max, Quora, PayPal, Vimeo, Shopify, Stripe, and news outlets CNN, The Guardian, The New York Times, BBC and Financial Times are currently facing an outage. A glitch at Fastly, a popular CDN provider, is thought to be the reason, according to a […]
Ford unveiled on Tuesday the Maverick, a new compact hybrid pickup truck for people who didn’t know they needed one. The truck’s smaller more approachable size and its base price of $19,995 is geared towards entry-level customers who want that SUV or truck lifestyle as well as the ease of navigating and parking in tight […]
One of the lingering mysteries from Uber’s sale of its Uber ATG self-driving unit to Aurora has been solved. Raquel Urtasun, the AI pioneer who was the chief scientist at Uber ATG, has launched a new startup called Waabi that is taking what she describes as an “AI-first approach” to speed up the commercial deployment […]
On Monday afternoon, the U.S. Justice Department said it has seized much of the cryptocurrency ransom that U.S. pipeline operator Colonial Pipeline paid last month to a Russian hacking collective called DarkSide by tracking the payment as it moved through different accounts belonging to the hacking group and finally breaking into one of those accounts […]
Cabify wants to own the way people in cities move. The Spanish-born ride-hailing company is rolling out a pilot multi-modal subscription model to 40,000 users in Madrid this week, with plans to expand to its other markets throughout Spain and Latin America. The “Cabify Go!” subscription service appears to have something for everyone. All of […]
The rush to back lidar companies continues as more automakers and robotaxi startups include the remote sensing method in their vehicles. Latest to the investment boom is Hesai, a Shanghai-based lidar maker founded in 2014 with an office in Palo Alto. The company just raised over $300 million in a Series D funding round led […]
Apple announced a handful of privacy-focused updates at its annual software developer conference on Monday. One called Private Relay particularly piques the interest of Chinese users living under the country’s censorship system, for it encrypts all browsing history so nobody can track or intercept the data. As my colleague Roman Dillet explains: When Private Relay […]
As someone with "founder" on your resume, you face a greater challenge when trying to get a salaried job. You’ve already shown that you really want to lead a company and not just rise up the ladder.
Just after the release of iOS 12 in 2018, Apple introduced its own built-in screen time tracking tools and controls. It then began cracking down on third-party apps that had implemented their own screen time systems, saying they had done so through technologies that risked user privacy. What wasn’t available at the time? A Screen […]
Twitter disclosed on Monday that it blocked four accounts in India to comply with a new legal request from the Indian government. The American social network disclosed on Lumen Database, a Harvard University project, that it took action on four accounts — including those of hip-hop artist L-Fresh the Lion and singer and song-writer Jazzy […]
Jerome Guillen, a critical executive at Tesla who was working on the development and eventual production of the Tesla Semi, has left the company, the automaker said Monday in a filing to the U.S. Securities and Exchange Commission. Guillen’s departure comes just three months after he was moved from the president of automotive position, which […]
TechCrunch Early Stage Part Two is set to take place July 8th and 9th. You can still shoot your shot to pitch to an amazing panel of judges and thousands of TC viewers. TechCrunch editors will select 10 founders from around the world to pitch on stage July 9th. Apply here. Startups will have five […]
On Monday, the US Food and Drug Administration granted approval to a keenly-watched Alzheimer’s drug, aducanumab, developed by the drugmaker Biogen. The decision to approve the drug, which was once abandoned as a failure, has been the subject of debate within the scientific and regulatory community for months. Aducanumab, which will be marketed as Aduhelm, […]
