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Today β€” 17 September 2024Main stream

Quick-commerce startup Flink raises another $150M at a valuation of nearly $1B

17 September 2024 at 08:40

Flink, a quick-commerce startup out of Berlin that was an acquisition target of Gorillas, Getir, Amazon, and Gopuff, is spelling out how it plans to go forth on its own. TechCrunch has exclusively learned that the company has raised $150 million, which it will use to double down on business in Germany and the Netherlands […]

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

Yesterday β€” 16 September 2024Main stream

Fisker Ocean owners stuck paying for recall repairs

16 September 2024 at 21:35

As EV startup Fisker prepares to enter the fourth month of its Chapter 11 bankruptcy process, existing owners have received some bad news: they will have to pay labor costs to resolve two of the five outstanding recalls on their Ocean SUVs. Fisker broke the bad news Sunday night in an FAQ posted to its […]

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

Gogoro CEO resigns as subsidy fraud investigation continues

16 September 2024 at 19:22

Gogoro, the Taiwanese electric scooter manufacturer and battery-swapping giant, said its CEO and chairman Horace Luke has stepped down amid subsidy fraud allegations, according to a regulatory filing. Gogoro allegedly used Chinese parts for e-scooters to reduce manufacturing costs, despite reporting that it used locally made parts to qualify for government subsidies. In a filing, […]

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

Colin Kaepernick is coming to TechCrunch Disrupt 2024

16 September 2024 at 17:00

Earlier this year, former NFL quarterback and civil rights activist Colin Kaepernick launched his AI startup, Lumi. Kaepernick has had thousands of stories written about him, and he knows a thing or two about losing control of his narrative. Now with Lumi, he’s trying to help creators take control of their own narratives, offering AI […]

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

Generative AI startup Typeface acquires two companies, Treat and Narrato, to bolster its portfolio

16 September 2024 at 17:00

Typeface, a generative AI startup focused on enterprise use cases, has acquired a pair of companies just over a year after raising $165 million at a $1 billion valuation. Typeface revealed on Monday that it has purchased Treat, a company using AI to create personalized photo products, and Narrato, an AI-powered content creation and management […]

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

Runway announces an API for its video-generating AI models

16 September 2024 at 16:33

Runway, one of several AI startups developing video-generating tech, today announced an API to allow devs and organizations to build the company’s generative AI models into third-party platforms, apps, and services. Currently in limited access (there’s a waitlist), the Runway API only offers a single model to choose from β€” Gen-3 Alpha Turbo, a faster […]

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

AI coding assistant Supermaven raises cash from OpenAI and Perplexity co-founders

16 September 2024 at 15:00

Supermaven, an AI coding assistant, has raised $12 million in a funding round that had participation from OpenAI and Perplexity co-founders.

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

TeamBridge, founded by former Uber execs, raises $28M to build HR software for hourly workers

16 September 2024 at 15:00

Arjun Vora and Tito Goldstein were working on the corporate side of Uber when they realized that HR software largely wasn’t built to manage hourly staff. Many hourly workers lacked a way to complete basic self-service tasks, the pair perceived, like clocking in and changing payment accounts. After interviewing hundreds of Uber drivers, Vora, an […]

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

Before yesterdayMain stream

DryMerge promises to connect apps that normally don’t talk to each other β€” and when it works, it’s great

15 September 2024 at 18:00

Platforms to connect apps that wouldn’t normally talk to each other have been around for a minute (see: Zapier). But they have not gotten dramatically simpler to use if you’re nontechnical. Generative AI has lowered the barrier to entry somewhat. However, getting the most out of these platforms β€” and fixing things when they break […]

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

Cohere co-founder Nick Frosst’s indie band, Good Kid, is almost as successful as his AI company

15 September 2024 at 15:00

Nick Frosst, the co-founder of $5.5 billion Canadian AI startup Cohere, has been a musician his whole life. He told TechCrunch that once he started singing, he never shut up. That’s still true today. In addition to his full-time job at Cohere, Frosst is also the front man of Good Kid, an indie rock band […]

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

Why ORNG’s founder pivoted from college food ordering to real-time money transfer

14 September 2024 at 20:43

Alex Parmley has been thinking about building his latest company, ORNG, since he was working on his last company, Phood.Β  Launched in 2018, Phood was a payments app that let students use dining dollars to order food from third-party apps and merchants anywhere in the world. It built the first campus-integrated debit card and worked […]

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

Fintech Bolt is buying out the investor suing over Ryan Breslow’s $30M loan

13 September 2024 at 22:00

Bolt says it has settled its long-standing lawsuit with its investor Activant Capital. One-click payments startup Bolt is settling the suit by buying out the investor’s stake β€œafter which Activant will no longer hold any interest in Bolt,” the company said in a statement. Activant’s suit accused founder and then CEO Ryan Breslow of adding […]

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

Dave and Varo Bank execs are coming to TechCrunch Disrupt 2024

13 September 2024 at 21:05

The rise of neobanks has been fascinating to witness, as a number of companies in recent years have grown from merely challenging traditional banks to being massive players in and of themselves. Dave and Varo Bank are just two examples of such neobanks. Hear Dave co-founder and CEO Jason Wilk and Varo Bank founder and […]

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

Shrinking teams, warped views, and risk aversion in this week’s startup news

By: Anna Heim
13 September 2024 at 19:05

Welcome to Startups Weekly β€” your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This week once again proved that the startup world isn’t homogeneous when it comes to risk-taking. Let’s have a look. Most interesting startup stories from the week […]

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

Y Combinator expanding to four cohorts a year in 2025

13 September 2024 at 18:13

Silicon Valley startup accelerator Y Combinator will expand the number of cohorts it runs each year from two to four starting in 2025, Bloomberg reported Thursday, and TechCrunch confirmed today. Y Combinator president Garry Tan told the site that approximately the same number of companies will go through YC each year, despite the change. This […]

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

A fireside chat with Andreessen Horowitz partner Martin Casado at TechCrunch Disrupt 2024

13 September 2024 at 17:30

Martin Casado, a general partner at Andreessen Horowitz, will tackle one of the most pressing issues facing today’s tech world β€” AI regulation β€” only at TechCrunch Disrupt 2024, taking place at Moscone West in San Francisco on October 28-30. Casado is a pioneering figure in software-defined networking and is a key player in the […]

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

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