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As YC retreats from Africa, alumni launch accelerators to fill the gap
The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its cohorts. The move was huge: in this nascent market, startups especially rely on programs like these to find their feet and connect with investors, and
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The influential accelerator Y Combinator made a splash in Africa in 2020 when it shined its light on the market and began to accept startups from the region into its cohorts. The move was huge: in this nascent market, startups especially rely on programs like these to find their feet and connect with investors, and […]
© 2024 TechCrunch. All rights reserved. For personal use only.
The four startups from YC’s Fall batch that enterprises should pay attention to
Notable Silicon Valley startup accelerator Y Combinator held a Demo Day for its inaugural Fall cohort this week. The 95 startups in this latest batch looked quite similar to recent YC cohorts in the sense that it includes many AI startups. If I did my math right, 87% of the startups in this batch are
© 2024 TechCrunch. All rights reserved. For personal use only.
Notable Silicon Valley startup accelerator Y Combinator held a Demo Day for its inaugural Fall cohort this week. The 95 startups in this latest batch looked quite similar to recent YC cohorts in the sense that it includes many AI startups. If I did my math right, 87% of the startups in this batch are […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Hopeful hearts and other startup news
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as
© 2024 TechCrunch. All rights reserved. For personal use only.
Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. The week after Thanksgiving is usually rich in announcements, and this year was no exception. Blame it on the holiday season, but we would even go as […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Y Combinator alum Nowadays, founded by sisters, raises $2M to automate event planning
Nowadays is a seed-stage company doing something really useful with AI. It automates large event planning from emails to phone calls.
© 2024 TechCrunch. All rights reserved. For personal use only.
Nowadays is a seed-stage company doing something really useful with AI. It automates large event planning from emails to phone calls.
© 2024 TechCrunch. All rights reserved. For personal use only.
Who knew you could get a $500 million valuation without launching a product?
AI agent startup /dev/agents announced a massive $56M seed round, putting the company’s valuation at a whopping $500 million. The amount is impressive given the company won’t have a first version of its product available until at least early next year. The reason behind investors’ trust, however, becomes a bit clearer when you consider the
© 2024 TechCrunch. All rights reserved. For personal use only.
AI agent startup /dev/agents announced a massive $56M seed round, putting the company’s valuation at a whopping $500 million. The amount is impressive given the company won’t have a first version of its product available until at least early next year. The reason behind investors’ trust, however, becomes a bit clearer when you consider the […]
© 2024 TechCrunch. All rights reserved. For personal use only.
MobiKwik downsizes its IPO for the third time
MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price band of ₹265-₹279 ($3.1-$3.3) that values it at $250 million — down sharply from its $924 million private valuation in 2021. The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking to raise
© 2024 TechCrunch. All rights reserved. For personal use only.
MobiKwik, an Indian financial services startup, has cut the size of its planned IPO for the third time, setting a price band of ₹265-₹279 ($3.1-$3.3) that values it at $250 million — down sharply from its $924 million private valuation in 2021. The Gurugram-based fintech, backed by Peak XV and ADIA, is seeking to raise […]
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI’s o1 model sure tries to deceive humans a lot
OpenAI finally released the full version of o1, which gives smarter answers than GPT-4o by using additional compute to “think” about questions. However, AI safety testers found that o1’s reasoning abilities also make it try to deceive humans at a higher rate than GPT-4o — or, for that matter, leading AI models from Meta, Anthropic,
© 2024 TechCrunch. All rights reserved. For personal use only.
OpenAI finally released the full version of o1, which gives smarter answers than GPT-4o by using additional compute to “think” about questions. However, AI safety testers found that o1’s reasoning abilities also make it try to deceive humans at a higher rate than GPT-4o — or, for that matter, leading AI models from Meta, Anthropic, […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Planet A Foods nabs $30M to make tons more cocoa-free chocolate
Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B food tech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x. The round fast follows
© 2024 TechCrunch. All rights reserved. For personal use only.
Turning sunflower seeds into sustainable, cocoa-free chocolate has netted Munich-based B2B food tech startup Planet A Foods (formerly QOA) a $30 million Series B funding round. Now, the Y Combinator alum is gearing up for industrialization, with the funds set to be deployed to scale its production capacity by around 7.5x. The round fast follows […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions
xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz
© 2024 TechCrunch. All rights reserved. For personal use only.
xAI, Elon Musk’s AI company, has raised $6 billion, according to a filing with the U.S. Securities and Exchange Commission on Thursday. Investors gave a minimum of $77,593, per the filing. 97 participated, but the document doesn’t reveal their identities. The Wall Street Journal previously reported that Valor Equity Partners, Sequoia Capital, and Andreessen Horowitz […]
© 2024 TechCrunch. All rights reserved. For personal use only.
Fitness startup Ladder comes after Peloton for allegedly copying their app
Ladder, an Austin, Texas-based fitness startup that makes a popular strength-training app, is accusing Peloton of ripping off its work with the launch of Peloton’s new Stength+ app, which exited beta on Wednesday. After receiving feedback from Peloton’s beta testers that the app looked, felt, and functioned much like Ladder’s own, the company says it
© 2024 TechCrunch. All rights reserved. For personal use only.
Ladder, an Austin, Texas-based fitness startup that makes a popular strength-training app, is accusing Peloton of ripping off its work with the launch of Peloton’s new Stength+ app, which exited beta on Wednesday. After receiving feedback from Peloton’s beta testers that the app looked, felt, and functioned much like Ladder’s own, the company says it […]
© 2024 TechCrunch. All rights reserved. For personal use only.